Comments for CASEY DURANGO. Greensboro Realtor®.

Comment on What Does It Cost to Buy A House? by Casey

Casey — Wed, 13 Jan 2010 23:26:26 +0000

The amount really will vary depending on the type of loan, which day in the month you close (closer to the last business day and you pay less in per diem interest), how much will be escrowed for property taxes and homeowners insurance, etc., But a VERY loose estimate is about 3% of the financed amount. So, about $3060 in closing costs. But a good lender should be able to nail that figure down for you, particularly if the property and purchase contract details have been determined.

Comment on What Does It Cost to Buy A House? by raymond nelson

raymond nelson — Sun, 10 Jan 2010 01:12:24 +0000

Hi me and my wife are trying to buy a home for 102,000 how much should we pay in closing

Comment on FHA to Allow $8000 Tax Credit Towards Closing Costs by Houses for Sale in Greensboro (5/19/09)

Houses for Sale in Greensboro (5/19/09) — Sun, 08 Nov 2009 17:39:10 +0000

[...] On the bright side, buyers should LOVE this news. So many houses from which to choose. Low rates. $8000 tax credit (that cat be used towards down payment). [...]

Comment on What is the $8000 Home Buyer Tax Credit? by Home Buyer Tax Credit Extended, Expanded

Home Buyer Tax Credit Extended, Expanded — Sun, 08 Nov 2009 14:53:36 +0000

[...] written about the tax credit previously. For 1st time buyers – or anyone who hasn’t owned a house in the last 3 years – [...]

Comment on Real Estate Term of the Week: Earnest Money by Real Estate terms. And what is a FICO Score, anyway?

Real Estate terms. And what is a FICO Score, anyway? — Mon, 28 Sep 2009 19:58:02 +0000

[...] This is money a buyer tenders with an “offer to purchase” for consideration. The buyer need not be truly an earnest person, though it’s nice when it happens. And some parts of the country call it a ‘binder’. It is presented with the offer to show the buyer is serious – or earnest – about the transaction. For a more detailed explanation, see this post. [...]

Comment on Are You Growing Food At Your House? by Casey

Casey — Tue, 18 Aug 2009 16:24:35 +0000

Thanks for the kind words and for use of the photo! And I envy you for your garden. We suffer from little sunlight and poor soil, so haven’t had a good year. But next year we might just move everything to the front yard where there’s at least more sun.

Keep up the good work!

Comment on Are You Growing Food At Your House? by Greensboro Daily Photo

Greensboro Daily Photo — Tue, 18 Aug 2009 16:01:21 +0000

Casey:

Thanks for the link and the sharing of our photo. We finally had a chance to read your blog and you offer a WEALTH of information for staying abreast of the Greensboro Real Estate Market!

As for growing food in the back yard, we always try to plant edibles. So, when it is time to plant a shrub/bush, we think blueberry as opposed to nandina! We have tomatoes, chard, eggplant, peppers, squash, okra, blueberries, cucumbers, green beans, lavender (yes, it is edible) and a little more. Every year, we try to add a little more.

Today (8/18/09), on Greensboro Daily Photo, we feature a community garden in Glenwood neighborhood. Recently, the Aycock community was featured for starting a neighborhood garden. We drove by the other day and it looks WELL LOVED! The community garden is a great option when you don’t have room or time for a personal garden!

Have a great rest of the week!

Mr. and Mrs. GDP

Comment on What Does It Cost to Buy A House? by Casey

Casey — Tue, 04 Aug 2009 18:24:34 +0000

First, congratulations on getting your first home! That is great and be sure to take advantage of the $8000 home buyer’s credit when tax time comes.

Second, WHAT? You’re lender isn’t giving you an estimated figure for closing yet? Unacceptable. And in violation of RESPA (Real Estate Settlement Procedures Act), which states a borrower must be given a Good Faith Estimate within 3 days of making a loan application.

If you haven’t already done so, lean on the lender. If that doesn’t work, speak to their manager. If you’re working with a real estate agent, ask for her to him to follow up with the lender as well. Get as many “squeaks” in your wheel as possible. Contact the closing attorney and ask if they’ve received the closing package from the lender yet (doubtful if the closing isn’t until next week, but you can ask.) If so, the attorney can tell you how much you’ll need for closing.

Feel free to contact me directly if you feel there is any information I can share that may help.

Comment on What Does It Cost to Buy A House? by Shay

Shay — Tue, 04 Aug 2009 17:49:04 +0000

My husband and I are getting ready to close on a house next week that we had gotten in a forecloser. We are getting it for $48000 and yet our mortage lender can’t let us know a ball park figure that we need for closing. We are First time home buyers and feel that we are being screwed in some way or another. Thanks 4 listening.

Comment on Are Realtors® Obsolete? by Jason

Jason — Fri, 10 Jul 2009 19:00:26 +0000

I’m not sure how obsolete they are, tho there’s no denying they do less and less, which begs I think the important question: why does their standard 5/6% percent not drop to reflect this trend? Anyway, don’t think it’ll be long before the go the way of the car salesman.