While visiting the Triangle area of North Carolina, one can be overcome by the many communities to chose from for lifestyle. One such community the Villages of Apex is outstanding. Developed by Apex First Development, the company chosen by the town of Apex to create an upscale mixed use neighborhood adjacent to historic downtown Apex.

The 200 plus acre Villages of Apex neighborhood features luxury condo’s, villas, Georgetowns, brownstones, patio and single family homes along with a commercial center for retail and restaurants. For the dog lover they have a two acre  park and miles of greenway trails wind through the community

For Further Information on this or another community of interest please contact by e-mail  jeff@jeffdicks.com or call 919-793-4730

Buying a home in Raleigh can be confusing,frustrating, time consuming process. A free information kit that can eliminate practically all of these problems has just been made available.

“There are so many great opportunities for home buyers in the Raleigh area,” says Jeff Dicks, a specialist in Raleigh real estate. “Unfortunately, buyers often run around in circles and miss the great buys and even better financing that’s available.”

To help home buyers, Dicks has made a free information kit available to anyone interested in purchasing a home in the greater Raleigh area. Included in the kit is information about neighborhoods in Raleigh, including schools, parks museums, shopping, health care and recreation in the area. Also included is a list of home loan providers, home inspection companies, moving companies and real estate attorneys.

“Perhaps the most important part of this kit is the free “Home Buyers Hotline” number. This is a free service offered to homebuyers. They can call 24-7  Leave a message with any home buying questions they may have. Their question will be answered by a specialist familiar with the area. There is no charge for this service.

To get a free copy of the “Raleigh Home Buyers Information Pack,” call (800) 516-9507 #1212

Who Wants To Be a Millionaire?

Dumb question!   At this rate I don’t think I’ll ever get there. So I guess I’ll have to do it the old fashion way… save…save…save… (Not quite as exciting as answering a few questions for a million bucks).

We were thinking of several ways to save a few more bucks and we came across a tip that may help you save thousands of dollars.  We thought we would pass it along to you just in case you don’t actually win the lottery or qualify for a TV game show.

Here’s The Deal!

1.         For instance, if you are paid bi-weekly, you can voluntarily make a bi-weekly mortgage out of your existing mortgage and save, save, save!   The idea is to pay half of your monthly mortgage every two weeks.  At the end of the year, you would have made 13 payments instead of 12.   Viola… one extra payment per year… and that adds up!

2.                  If you are paid twice a month or monthly, simply divide the monthly payment (principal and interest) by 12 and add that number to each mortgage payment. This will make the terms of the loan reduce from 30 years to 18-22 years.  The savings will be phenomenal.

Simply by making a 15-year loan out of a 30-year loan will save you thousands over the life of the loan.   And, if you ever decide to sell before the loan is over, imagine how much equity you would have accumulated when you sell your home.

Well, you’ll probably never see me on one of those crazy, “Win A Zillion Dollar” game shows, but I’m on my way to pay off my 30-year loan on the 15 year plan.   That will save me a bunch in the long run.

If you are still a little confused about the 15/30 mortgage plan, please give us a call and we can refer you to one of our preferred mortgage counselors who can look at your payments and help you make a good business decision about your loan.

Happy savings!

Jeff

www.JeffDicks.com

With interest rates at near-record lows and incentives such as a federal $8000 tax credit available for first-time home buyers, the Tri­angle area real estate market is showing signs of a rebound.
Data for May from the Raleigh Regional Association of Realtors show that pending sales, showings, monthly closings and average resale prices were the highest in six months. Meanwhile, the number of expired listings fell to the lowest totals seen in the same time period.
Statistics also showed some stabilization in home values

http://www.metronc.com/article/?id=1940

Great news coming out of Wake Forest ! Is the recession over ? Recently, new home sales in Heritage Wake Forest, NC have surged. In the same month of 08 New Home Sales were very light and moving into 09 sales have increased five fold. The even better part of the story is that New home inventory is shrinking in Heritage which equates to price stabilization. This should also help the resale market were homes have seen some price cutting.

Although, one month a trend doesn’t make , however it’s encouraging news. We’ll keep a close eye on long term mortgage rates which should also be a benefit to both buyers and sellers in the new and resale market.