Davie County, NC Real Estate News

Average Sale Price of Homes in Mocksville NC   Number of Sold Homes vs Active Listings in Mocksville NC   Average DOM (Days on Market) From Listed to Closed (Settle) in Mocksville NC   Average $ per SqFtof Sold Homes in Mocksville NC  Davie County NC Homes for Sale Advance NC Homes For Sale Mocksville NC Homes For Sale Bermuda Run NC Homes For Sale 06/27/2020

Average Sale Price of Homes in Davie County NC   Number of Sold Homes in Davie County NC   Average DOM (Days on Market) From Listed to Closed (Settle) in Davie County NC   Number of Active Listings in Davie County NC   Average $ per SqFtof Sold Homes in Davie County NC  Davie County NC Homes for Sale Advance NC Homes For Sale Mocksville NC Homes For Sale Bermuda Run NC Homes For Sale 06/15/2020

Homes for Sale in Davie County NC between $300,000 – $400,000 Communities include Advance, Mocksville, Bermuda Run and Cooleemee.     Click links below for Homes for Sale in Davie County NC in other price ranges...   Under $100k $100k - 200k $200k - 300k $300k - 400k $400k - 500k $500k - 600k $600k - 700k over $700k       #NobleMeritRealEstate #CallorTextAngieToViewHomes336_909_2638 #ListYourHomeWithNobleMerit #HomesForSaleinAdvanceNC #HomesForSaleinMocksvilleNC#DavieCountyNCHomesForSale 06/06/2020

Homes for Sale in Davie County NC with 5 to 10 Acres Communities within Davie County NC are Advance, Mocksville, Bermuda Run and Cooleemee. #NobleMeritRealEstate  #DavieCountyNCHomesForSale  #CallorTextAngieToViewHomes336_909_2638 #HomesForSaleWith5to10Acres  #ListYourHomeWithNobleMerit  #AdvanceNCHomesForSale  #MocksvilleNCHomesForSale   Click below for acreage tracts and more homes with acreage   1/2 acre or less 1/2 - 1 acre 1 - 2 acre 2 - 3 acre 3 - 5 acres 5 - 10 acres 10 plus acres Horses Allowed Homes with1 - 2 acres Homes with2 - 3 acres Homes with3 - 5 acres Homes with5 - 10 acres Homes with10 plus acres Homes withPasture Land Pasture Land   05/16/2020

SOLD!  2645 Farmington Rd, Mocksville NC$177,900 Benefits of listing your home with Noble Merit Real Estate Services.  09/29/2019

Browse Pool Homes for Sale in Davie County NC. Pool Homes for Sale in Forsyth County NCPool Homes for Sale in Davidson County NC 07/11/2019

View homes for sale in Oak Valley Neighborhood of Advance, NC. 05/10/2019

View Homes for Sale in Advance NC  Search by Price Under $100k $100k - 200k $200k - 300k $300k - 400k $400k - 500k $500k - 600k $600k - 700k over $700k  Search by Schools Davie High School North Davie Middle School William Ellis Middle School Cornatzer Elementary School Pinebrook Elementary School Shady Grove Elementary School  Search by Neighborhoods Alton Place Armsworthy Acres Baltimore Downs Bermuda Run Butner Century Place Country Cove Country Side Covington Creek Creekwood Estates Essex Farms Fallingcreek Farms Greenwood Hidden Creek Hidden Meadows Hunters Pointe Indian Hills Kinderton Magnolia Acres March Woods Marchmont Meadows Edge Oak Valley Rabbit Farm Raintree Estates Redland Place Riverbend Trails Shady Grove Shamrock Acres Summer Hill Farm Wellington Windemere Farms    Sea... 03/09/2019

View Homes for Sale in Davie County NC Search by Price Under $100k $100k - 200k $200k - 300k $300k - 400k $400k - 500k $500k - 600k $600k - 700k over $700k  Search by Schools Davie High School North Davie Middle School South Davie Middle School William Ellis MiddleSchool Cornatzer Elementary School Pinebrook Elementary School Shady Grove Elementary School Mocksville Elementary School William R. Davie Elementary School Cooleemee Elementary School      Search by Features Pool on Property Neighborhood Pool Basement Located on Cul-De-Sac Golf Course Lot Lake Front Lake View Riverfront Pond on Property 2 Car Garage 3 Car Garage 4 Car Garage Horse Properties Barn on Property New Construction    Search by Bedrooms 2 Bedroom 1 Bath 2 Bedroom 2 Bath 3 Bedroom 2 Bath 3 Bedroom 3 Bath 4 Bedroom 2 ... 02/12/2019

Mortgage insurance (MI) protects lenders against home owners defaulting on loans. It is generally required by a lender on loans where the borrower puts down less than 20% and is normally due monthly. For price restrictive home buyers, monthly premiums for MI may create a hardship. Financed MI is a alternative to monthly payments. In this blog you will find information on financed mortgage insurance.Information On Financed Mortgage InsuranceFinanced MI enables a borrower to cover the insurance cost up-front and basically include the cost into the balance of the home loan. It is available on both fixed and adjustable rate loans. It is helpful to weigh the advantages and disadvantages of this solution.Benefits of Financed MIFinanced MI eliminates the need for recurring premiums. The overal... 06/03/2015

FHA 203k is a loan program sponsored by the department of Housing and Urban Development (HUD) for real estate needing significant work. It enables buyers to buy real estate and finance the expense of work required. Ordinary loans mandate that properties be in livable condition. FHA 203k is a useful option for short sale or foreclosed properties that may not qualify for regular loans. The program is an important tool for extending real estate ownership, improving communities, and for making properties healthier for individuals who occupy them. Advance NC FHA 203k mortgage information (money available for repairs, renovations eligible, and advice on purchasing Advance NC homes using FHA 203k ) is included below.Money Available For RepairsThe cumulative cost of eligible renovations is rest... 05/28/2015

When considering luxury homes, you have the option to build a new property or purchase an existing one. There are pros and cons to both. The following is some information that can help you evaluate building vs. buying luxury homes in Advance NC.Buying a Pre-built Luxury HomeBuying a pre-built property is a simpler process than constructing one. There are not as many decisions to make when the property is fully constructed and hardware and appliances are already selected. Time frames and prices are also more definite. However, pre-built properties may not be as unique, especially if they are located in areas of similarly-styled homes. They can also be missing features or amenities on your wish list and require construction work after you complete the purchase. It would be wise to evaluat... 05/20/2015

Personal finances play a significant role in home loan approvals. All lenders evaluate assets, earnings, credit and existing debts. These affect whether you can obtain a loan and for how much. The following is information on income vs. debt ratio for Advance NC mortgage pre-approvals.Determining IncomeLenders will calculate your gross earnings per month. This counts recurring income that can be confirmed. Salaries are the most typical income form. You will be asked to provide paperwork (such as W-2 forms) for the last two years, giving them a picture of how stable it is. They may inquire about any unusual situations, such as inconsistent figures. Other income sources can include spousal support, investment properties, and stocks. Anything that you attempt to use as income must have acce... 05/14/2015

Interest rates have increased this year. According to many experts, it will likely go up further during 2015. This is important news for home buyers. Interest rates on the rise in 2015 and what home buyers in Advance NC must know is discussed further in this blog.Why Interest Rates On The Rise In 2015 Are ImportantThe amount of your recurring payments are a direct result of your interest rate. A rise in interest rates can diminish your approval amount or cause you to spend more each month for the same mortgage amount. Even a minor variation will make a difference. If you are trying to purchase a home at the max of your range, a tiny rate increase may really reshape your options.Here is an example of how pre-approvals can move with interest rates. This assumes a unchanged down payment pe... 05/06/2015

The real estate process usually requires one or more earnest money deposits from buyers to demonstrate that they are proceeding in good faith. Deposits must be handled in a specific manner in order not to delay the underwriting approval process. This article offers details on earnest money deposits for Advance NC home transactions.Location of FundsIt is important for home buyers to use their own funds for earnest money deposits. Many mortgages specifically mandate that buyers utilize their own money for all expenses connected to the purchase. Buyers are typically asked to submit copies of bank statements verifying that the money was already in their bank account and that earnest money deposits were withdrawn against that account. Account statements should also include enough balances to... 04/22/2015

 Whether you plan on selling your house soon or are just wanting to make a change, there are certain renovations that are more likely to add value to your home. Some are more pricy than others. Some renovations that can increase property values are below.Kitchen RemodelingKitchens are one of the most critical features in a home. Think about the time spent in that particular room. The utility of a kitchen is very influential to impending home buyers so it may be worth enlarging. The layout of the kitchen is also crucial, so improving access to the dining room and any additional entertaining areas is a smart move.Sunroom AdditionsSunrooms offer many benefits. First, they expand the living area. They also bring in more sunlight, making a home feel larger and more welcoming. Just picture yo... 04/17/2015

The Federal Housing Administration (also known as FHA) reviews their mortgage limits every year. Home buyers should be aware of what these limits are and how they may change. Below is some helpful information on new limits for FHA mortgages in Advance NC.Definition of FHA Mortgage LimitsMortgage limits reflect maximum mortgage values meeting the requirements of an FHA mortgage. The mortgage value is not the same as the purchase price. For instance, if you find a property for $ 400,000.00 and are paying a 3.5 percent down payment, then the mortgage value comes out to $ 386,000.00 .FHA Mortgage Limits CalculationsFHA mortgage limits differ by market. Median property prices are compared to limits for national conforming mortgages. Conforming mortgages must comply with the Freddie Mac and F... 04/16/2015

A 1031 exchange is a way to delay taxes on the sale of one real estate for another. It applies to properties used for business or investment purposes. When executed properly, it may lead to dramatic savings. This article details the advantages of tax deferred 1031 exchanges in Advance NC. Qualified Property You must have a qualified property in order to consider a tax deferred 1031 exchange. Qualified real estate are those used for a business or for investment. They may be land, residential, rental, commercial, and industrial real estate. You must also buy similar property that is also qualified. Advantages Of Tax Deferred 1031 Exchanges In Advance NC Usually, when you sell investment property, capital gains taxes are due on earnings from the sale. This is true regardless of what the mo... 04/02/2015

Mortgage insurance (MI) is a policy required by mortgage companies to cover their losses if a home buyer defaults on their loan. When the lender goes to relinquish a property, they are unlikely to recover the total amount owed on the loan. MI applies to first mortgages where the property buyers are financing higher than 80% of the value of the home. There is normally an up-front MI fee due at closing and recurring fees based on a percentage of the amount of the loan. Advance NC financing MI details and tips on removing MI are shown below. Impact of MI on Monthly Payments MI percentages depend on the type of loan. Home owners should ask a mortgage professional to obtain accurate figures and understand the impact that it will have on recurring mortgage payments. Rates can also change from... 03/19/2015

Minimizing energy consumption in your Advance NC property is not only beneficial to the environment but will also save you money. There are things that you can do all year long. Below you will find NC home energy conservation tips. Managing Temperature A programmable thermostat saves money on heating and cooling. Instead of leaving your system on while you are away from home, a programmable thermostat gives you the option to automatically adjust the temperature at different times of day. This also prevents you from forgetting to turn your thermostat down when you leave home or while you are sleeping. Heating The method used to adjust the temperature in a property can relate to the type of heating system. Forced hot air systems heat an area very quickly, whereas hot water systems take si... 03/13/2015