Matt Peedin - Cary Real Estate
Matt Peedin - Cary Real Estate
Matt Peedin - Cary Real Estate
Matt Peedin - Cary Real Estate

Phone: 919-210-8388 | Email: mattpeedin@kw.com

Blog

5 Common Home Buyer Mistakes you can Avoid

OOPS

OOPS

You can now make the home buying experience as painless as possible by avoiding these 5 common pitfalls:

  1. Not getting a mortgage preapproval

    Getting a mortgage pre-approval lets you know exactly how much you can spend for a home. This gives you an edge over home buyers without one because it’s proof of your capacity to spend on a home. It also narrows down the scope of your search to homes within your budget. This, in effect, allows you to save time and money.

  2. Not hiring a real estate agent

    Buying a home is a big decision, so a professional’s services are much-needed. Real estate agents are pros at making the experience of negotiating and transacting as stress-free as possible. They can also provide you with information only known among the locals of a community that doesn’t usually appear in Google searches or online listings. This kind of help from a real expert can help you arrive at well-informed decisions. Read more about tips on getting the top real estate agent in your area.

  3. Skipping home inspection

    A house could make a great first impression, but closer inspection could reveal many hidden defects. Finding out about these while still in negotiations can be potential deal breakers. This is why a thorough and professional inspection of the home should be done before closing the deal on its purchase. Read more on how to get the Most Out of a Home Inspection.

  4. Going beyond your budget

    A substantial sum of money goes into buying a home. On top of that are other things to spend on like insurance, maintenance, and utility bills. Keep these additional expenses in mind to make sure that you are buying property you can realistically afford.

  5. Letting your emotions guide your decisions

    Stay as objective as you can when house-hunting. It’s alright to fall in love with a house, but don’t rush. Look at other options and weigh the pros and cons of each carefully. You don’t want to make a decision you might regret.

Looking to buy a home in The Triangle? Get an experienced professional like me to help you. My name is Matt and you can call me at 919-210-8388 or email me at MattPeedin(at)KW(dotted)com.

5 Good Reasons to Buy a Foreclosed Home

Foreclosure for sale sign

Foreclosure for sale sign

Buying a foreclosed home can be a smart move if you play your cards right. A foreclosure occurs when a borrower has not made their mortgage payments on a piece of property for a long time. When this occurs, a lender can choose to sell the mortgaged house to pay off the loan.

Here are 5 reasons to buy a foreclosed home:

  1. It’s a good deal

    When a homeowner chooses to sell their mortgaged house to pay off the loan, they normally price the property much lower than its market value. The goal is to get as many offers as possible in the shortest span of time. This gets the properties out of their hands faster with some profits to spare.

    The money you would have spent on investing in a home can go to repairs or upgrades instead. This puts you in a great spot to buy low and sell high.

  2. You accumulate equity

    By buying low, you can set yourself to make high returns on your investment. Making necessary repairs or upgrading the property can boost its market value. This is even better if it’s in a developing neighborhood.

  3. You can have the home inspected early

    It could take a couple of months before a foreclosed home is approved for closing. Take advantage of the waiting time by having the house inspected early. The sooner you find out about any problems it may have, the better.

  4. You may get flexible payment terms

    Banks will sometimes give flexible payment terms when they want to sell a property as fast as possible. This is an amazing chance for buyers. They could end up with lower mortgage payments, interest rates, and closing costs.

  5. Foreclosed properties are diverse

    People sometimes avoid buying foreclosures because they think that these are worn out homes in bad locations. While it is true that some of these properties exist, there are many great ones around as well.

  6. Moreover, looking for a foreclosure does not limit you to only one kind of property. You can easily look at a modest single-family house inland as you would a luxury mansion.

Are you planning to buy a foreclosed home? With my professional real estate experience, I can help you find the perfect one. My name is Matt and you can give me a call at 919-210-8388 or email me at MattPeedin(at)KW(dotted)com.

Discovery at the Museum of Life and Science in Durham, NC

Cairns Birdwing
Cairns Birdwing

The museum’s Magic Wings Butterfly House is enclosed in a 35-foot tall glass conservatory.

The Museum of Life and Science in Dunham is one of North Carolina’s top destinations. This 84-acre museum showcases a host of science exhibits and safe havens for rescued animals. It is a place where people of all ages can have fun learning about science and the world.

You can visit the museum from 10 a.m. to 5 p.m. every day during summer. During the regular season, it’s open from Tuesday to Sunday. Click here to learn more.

Indoor exhibits

science chemical play

  • The Lab

    Bring out the inner scientist in you and engage in hands-on experiments. Lab themes change regularly, so it helps to be familiar with their schedule.

  • Aerospace

    View real space artifacts from the Apollo era – try your hand at docking a satellite, see if you can spot your house from a satellite mapping table, and more.

  • Soundspace

    Dance to the beat with the museum’s interactive dance floor that turns motion into sound. A projector can also make abstract art based on your movements.

  • Other exhibits
    • Carolina Wildlife
    • Contraptions
    • Flip It, Fold It
    • Insectarium
    • Investigate Health!
    • Launch Lab
    • Magic Wings Butterfly House
    • Math Moves
    • Play to Learn
    • Weather

Outdoor exhibits

American Black Bear

  • Explore the Wild

    This six-acre woodland habitat is home to black bears, red wolves, lemurs, and more. Visitors can get close-up views of these beautiful animals using zoom cameras from observation decks.

  • Sound Garden

    Explore music in the Sound Garden. Play with instruments from all around the world and pair them with everyday objects to produce unique sounds.

  • Catch the Wind

    Learn about wind power by sailing a boat, launching air canons rings, and more.

  • Other exhibits
    • Dinosaur Trail
    • Ellerbe Creek Railway
    • The Farmyard
    • Gateway Park
    • Hideaway Woods
    • Into the Mist

The museum even offers camps, classes, and venue rentals. Visit their website here for more information.

Do you want to know more about Durham? Let me tell you all about the place and even help you find the home you’re looking for. I’m Matt, and you can give me a call at 919-210-8388 or email me at MattPeedin(at)KW(dotted)com.

5 Best Family Ddestinations in Raleigh, NC

riding go carts

Riding Go Carts

Raleigh, NC is a big city filled with excitement. From highly interactive museums to the most beautiful parks, “The City of Oaks” is never short of places to go to with the whole family.

Check out these five family-friendly destinations below:

  1. North Carolina Museum of Natural Sciences

    North Carolina Museum of Natural Sciences has microbes to meteorites in its extensive array of exhibits. It’s a popular destination that’s perfect for your family to learn while having fun.

  2. Marbles Kids Museum

    Marbles is a place specifically designed for kids. Here, kids are in charge of a mini community, paint works of art, creating unique inventions, and more. Apart from several play-based exhibits, the museum also has the only 3D-capable giant screen in North Carolina: Marbles IMAX.

  3. Ann and Jim Goodnight Museum Park at the North Carolina Museum of Art

    This is a park that seamlessly combines art with nature. Public art installations by international artists interspersed with bike lanes, gardens, and scenic landscapes all make going to this place a magical experience.

  4. Pullen Park

    North Carolina’s oldest park has a lot to offer for the family. Boat or train rides, playgrounds, and picnics areas are just some of the main features of Pullen Park. It is also home to the Pullen Aquatic Center and Pullen Arts Center.

Adventure Landing

For families with a flair for competition, Adventure Landing can give that and more. You can test your skills at miniature golf, split up in teams and battle it out in laser tag, race around in go-karts, and more!

If you are looking for more adventures, check out these Unique Attractions in Raleigh, Durham & Chapel Hill.

Looking to move to Raleigh? You can count on me to help you find the right home. My name is Matt and you can call me at 919-210-8388 or email me at MattPeedin(at)KW(dotted)com.

Make Your Home Warm and Welcoming to Get It Sold This Fall or Winter

Make Your Home Warm and Welcoming to Get It Sold This Fall or Winter

 

Homeowners often think they have to wait until spring to sell, but there are actually several advantages to selling your home during the fall and winter. With fewer homes on the market, you face less competition, and the buyers who are looking are usually more serious about making an offer. Even with these advantages, you need to make your home as appealing as possible. In the colder months, this means creating a warm and inviting space.

 

Clean and Declutter

Get a jump start on your spring cleaning by making your home spotless and free of clutter now. Regardless of the season, buyers always want to see neutral decor and a home that feels open and spacious. Start decluttering by going through your home one room at a time. One way to add value to your home while decluttering is to find solutions for those everyday necessities that can be hard to manage. For example, Good Housekeeping recommends expanding kitchen cabinet storage, including a spice rack (you can find racks for as low as $6.94 at retailers such as Walmart), to help clear off your counters.

 

For those extra items that you don’t use every day, the best thing you can do is get them out of your home entirely by keeping them in storage while your home is on the market. Over the past 180 days, the average price to rent a self-storage unit in Cary, North Carolina has been $70.99 per month. And of course, once the clutter is gone, you want to give your entire home a thorough cleaning. You should also fix any trouble areas, such as patching holes in walls, touching up paint, and doing any other minor repairs that are needed.

 

Create a Cozy Feel

 

Cleaning and decluttering is only the first step to home staging. This time of year, you want buyers to walk in and feel warm and cozy, so pick a few key areas to focus on.

 

  • Let in some light – On cold and dark winter days, adding light will make a big difference in how buyers feel in your home. Maximize natural light by cleaning windows, and get brighter light bulbs if the ones you have don’t provide enough light. If any room still seems dark, add extra floor or wall-mounted lamps. Decor can affect the feeling of lightness too. Swap out dark curtains, pillows, and other accents for lighter colors.
  • Focus on the fireplace – If you have a fireplace, this is a good time to give it an upgrade. Make sure it’s in working order, then consider one of these ideas from This Old House to spruce it up so it will draw the attention of potential buyers.
  • Add warmth – You don’t want people touring your home in the fall or winter and feeling a cold draft, but a simple fix like caulking window seals can eliminate this problem. You may also want to install a programmable thermostat (a programmable Honeywell thermostat will set you back around $99). This way, you can set the temperature to be warm enough anytime the house is shown, and buyers will appreciate the upgrade.

 

Don’t Forget Curb Appeal

 

Just because the weather is cooler doesn’t mean buyers won’t notice your home’s outdoor spaces. When leaves are falling, make sure to gather them frequently to keep your yard clear. Bob Vila recommends sprucing up your winter curb appeal with great lighting, a fresh layer of mulch for garden beds, and color using evergreen plants.

 

Another great way to make a statement is to focus on your front entryway. Create a welcoming vibe by painting your front door a bright color and decorating with a wintry wreath. Add potted evergreens to the front porch, and buyers will be wowed by their first impression.

 

First impressions make all the difference when it comes to selling your home. This is true in any season, and when it’s cooler out, a warm and inviting space is something buyers will really notice. Stage your home with these tips in mind and you’re sure to reap the benefits.

Credit to author : Eugene Williams

Best Places to Explore in The Triangle, NC

Sport lover
Sport lover

Head to an indoor trampoline park to play trampoline dodge ball or trampoline basketball

Located in North Carolina covering Raleigh, Durham, and Capitol Hill, The Triangle is a hotspot for research and technology. There are also loads of things to do and sights to see here.

Check out some of The Triangle’s top attractions:

    North Carolina Museum of Natural Sciences

    Bear witness to a showcase of science and nature in the largest natural history museum in the Southeast. It is home to several fun and educational interactive exhibits of items from microbes to celestial bodies. The museum is open Monday to Saturday from 9 a.m. to 5 p.m., and from noon to 5 p.m. on Sundays.

    Ann and Jim Goodnight Museum Park at the North Carolina Museum of Art

    This unique park is famous for its superb public art installations inspired by nature. Beautiful landscapes and gardens make it a great spot for taking a walk, biking, or going on a picnic. Visitors can enjoy the park’s amenities every day from sunrise to sunset.

    Sarah P. Duke Gardens

    Take a stroll in Italianate-style gardens sprawling 55 acres at Duke University. They are the best work of Ellen Biddle Shipman, a pioneer in American landscape design. The grounds are open every day from 8 a.m. to 6 p.m.

    Duke Lemur Center

    This center is dedicated to the conservation of lemurs. It houses the largest population outside of their native home of Madagascar. Get to see 15 different species of these rare animals in tours offered all year round.

    Sky Zone

    Sky Zone is the world’s first indoor trampoline park. Jump your cares away in a wall-to-wall trampoline room. Brings your A-game to the trampoline dodge ball court. Make a gravity-defying slam dunk at the trampoline basketball court.

    American Tobacco Historic District

    The American Tobacco Historic District is the original site of the historic American Tobacco Factory built in the 1800s. Now, it has a vibrant modern feel generated by its host of shops, restaurants, and live performance venues. Having retained its Old World vibe, it was listed in the National Register of Historic Places in 2000.

Are you looking for a home in The Triangle? I’m Matt and I can get you the home you’re looking for. You can call me at 919-210-8388 or email me at MattPeedin(at)KW(dotted)com.

Top Qualities People Look for in a Real Estate Agent

latin american real estate agent

Latin American Real Estate Agent

Buying a home is one of the most important decisions you’ll make in your life. That is why it is crucial to find the right real estate agent who will be your partner in this journey.

Here are some qualities that the best real estate agents share:

    They’re good listeners

    You’ll know an agent is a good listener if they pay attention to you and understand your wants and needs. Do they ask questions? Do they clarify points? If they do, then this is an indication of a great listener. They should also be able to act on what you tell them.

    They can communicate well

    Find an agent who keeps you regularly updated and is easy to contact. They should easily be able to tell you about prospective homes, where you stand in a negotiation, and anything else relevant to finding your dream home.

    They know the area

    Good agents know all about the area they work in. You know you’re in good hands if they have no trouble finding the best houses near your place of work, recommending the perfect place for a night out, and telling you little-known facts about the community that only someone raised there would know.

    They have a deep understanding of the market

    Good agents are up to date on the local market trends in an area of their specialization. They should be able to determine if your chosen community is in a buyer’s or a seller’s market and give you the best options for homes, taking into consideration your requirements.

    They can adapt to your needs

    In a market where conditions are always changing, it’s important to have an agent who can adapt to clients’ diverse needs. That way, they would know how to properly handle various situations. Whether a client requires a Craftsman-style home for their family or a sprawling mansion on the mountainside, this agent will be able to expertly accommodate these.

    They have a wide network of connections

    An agent with a wide network of contacts is willing to work with others to make sure the client’s needs are met. They should be able to refer trustworthy people relevant to your real estate goals from mortgage lenders to professional photographers. That way, you save precious time because you don’t have to look for one yourself. The more connections the agent has, the faster you can get things done.

    They aren’t afraid to provide references

    Happy clients are an indication of a reliable agent. Ask for feedback from some of their past clients, know how they do their work. Consider it a red flag if the agent can’t give you any references. Or do a quick search on Yelp.

Looking for an experienced real estate agent in The Triangle? I’m Matt and I’m the man for the job. Give me a call at 919-210-8388 or email me at MattPeedin(at)KW(dotted)com.

What to Expect when Buying Short Sale Property

short sale sign

Short Sale Sign

In your home buying journey, you will probably come across a short sale home and fall in love with it.

What is a short sale home?

A home owner can have their home approved for a short sale when they can’t pay for their mortgage. The sale is “short” because they are priced lower than the mortgage loan attached to them. Banks or lenders typically agree to a short sale so they can recover a part of the mortgage loan owed to them.

Before you decide to buy a short sale home, there are some things you need to understand about such properties.

This guide will help you manage your expectations:

    Most short sale homes are fixer-uppers

    In real estate parlance, a fixer-upper is a property in need of repairs. This is the common condition you will find among most short sale homes. The homes themselves may be low-priced but you may have to spend extra for interior and exterior repairs and upgrades from plumbing fixes to paint jobs.

    This is why it is best to have a detailed inspection of a short sale house. The results of the inspection will give you a clear picture of what needs to be repaired, how much it will cost, and if the property is still worth the investment.

    It takes longer to buy a sort sale home

    The process of buying short sale properties is longer than that for standard properties. There is a lot of red tape involved in this process, so you may end up waiting for months before approval.

    If you are not in a hurry, then a short sale home may be worth the wait. However, a short sale home may not be for you if you want to transfer to your new home fast.

    Not all short sale homes are qualified

    It is best to confirm whether a home is really approved for short sale or not. If the property has not been approved by a bank or mortgage lender, then its short sale classification means nothing.

There are rules to selling short sale property and many sellers and real estate agents do not fully understand these. That is why you must make sure that you have a competent real estate professional like us to be your guide if you find one that catches your interest.

Interested in short sale homes in The Triangle? I’m Matt, a real estate expert who can get you the perfect one. You can call me at 919-210-8388 or send me an email at MattPeedin(at)KW(dotted)com.

4 value-adding home renovations

renovation

renovation

If you’re planning to sell your home, consider fixing it up and adding a few upgrades. Doing so can increase its value and make it easier to sell.

Check out 4 of the best home renovations that will ensure good returns on your investment:

  1. Improve the bathroom

    Next to the kitchen, buyers are most interested in checking out the bathrooms of a home. Make sure that everything works and there are no drips in sight. Upgrade sinks, tubs, toilets, and the bathroom color scheme. The goal is to make the bathroom look fresh and inviting, or a sanctuary to escape to at the end of the day.

    Consider adding an extra bathroom in the house, which could be vital in making a sale.

  2. Kitchen renovations

    A good-looking kitchen adds a “wow factor” to your home. Many agree that this is one of the busiest places in the house, so renovate it before putting it up for sale.

    Consider updating your kitchen cabinets and stone countertops. Replace old appliances with newer and energy-efficient models. You may also upgrade the sink and faucet and change old flooring with stained concrete or terrazzo tiles, or the newer laminates.

  3. Repainting

    A fresh coat of paint can go a long way in changing your home’s look and boosting its value.

    Make sure to pick colors that will attract the most buyers. Neutral, classic tones like beige or gray have more appeal than brighter, more audacious colors like red or lime green. These are also much easier to complement with contrasting colors on furniture and other fixtures for a more lively color scheme.

  4. Improved landscaping

    A well-kept lawn with healthy trees and blooming flowers can immediately make a house look more inviting. It can also give a good first impression to scouting home buyers.

    Some of the simple but effective things you can do include taking out the weeds, watering the plants and trees, and mowing the lawn.

Renovating your home? I can help you with that. Call me, Matt Peedin, at 919-210-8388 or send me an email at MattPeedin(at)KW(dotted)com.

3 important things to consider before buying a foreclosed home

Foreclosure Home For Sale Sign

Foreclosure Home For Sale Sign

Are you looking for a great deal on a house? Consider buying foreclosed properties. Just like any real estate transaction, however, it’s in your best interest to find out everything you can about the house you’re thinking of buying.

Here are the most important things you should consider before buying a foreclosed home:

  1. The condition of the property

    Before making a purchase, it is extremely important to have a tour of the foreclosed house. Seeing the condition of the house firsthand can help you figure out if the house is in need of significant repairs. You can also have the home professionally inspected to give you a better overview of its condition.

  2. A home inspector can also tell you what kind of repairs the house needs to undergo or if there are any serious safety concerns.

  3. The overall cost

    Aside from the selling price, you need to look at other expenses such as property taxes and cost of repairs. The best foreclosed property will only minor fix ups, like getting the walls a fresh coat of paint or sprucing up the lawn. Other foreclosed homes may need more repairs. Before you buy, include the overall cost of the home to your budget so you don’t have to spend all the money you saved on the property repairing the place.

  4. Hiring a real estate agent

    Buying a foreclosed property can be tricky because it involves a lot more steps and paperwork than the purchase of a regular home. Hiring a real estate agent can help you find the right property and expertly guide you through the process. Get an agent experienced in dealing with – but not limited to – foreclosed properties.

Need more advice on what to do before buying a foreclosed home? Don’t hesitate to give me a call at 912-210-8388 or send an email to
MattPeedin(at)KW(dotted)com
.