Towering Pines Real Estate

Walkthroughs by the buyer before final settlement are very important, for at least 2 main reasons. First, it is the best way to inspect and confirm the satisfactory completion of any repairs that were negotiated with the seller. In our state, if the buyer closes the transaction without repairs being completed, the buyer will have no recourse against the seller without a new written agreement. Second, the buyer needs to confirm the property was not damaged by the seller during move-out.

Our office hours are 8:30 AM to 5:00 PM, Monday through Friday. Our agents are always available by cell phone. We serve Pinehurst, Southern Pines and the rest of Moore County and the Sandhills region of central North Carolina. We also serve Fayetteville and the Fort Bragg market.

Buyers have many choices of lenders today and the marketing those lenders do can be overwhelming. Buyers should understand that the choice of a reputable lender is one of the most important factors in making the purchase-to-closing process go smoothly. Choosing a lender is not just about the rate. Any lender can give a buyer any rate they want if they are willing to pay for it in other fees. That is why any loan proposal needs to be comparison shopped. However, another factor is just as important, and that is the level of service. Local lenders are usually the best choice here – there is consistency in communication, which is critical, and the response times are usually much better.

The difference here is profoundly important. Pre-Approval typically involves a complete review by the lender of the borrower’s complete financial picture, including not just the credit history but also documentation of income, employment, and assets. Pre-Qualification is much more of a surface-level review, often not much more than a credit report review, if even that. Pre-approval, when done correctly, makes the borrower almost as strong as a cash buyer.

The answer here is always to get pre-approved by a reputable lender before you start your home search. This is true whether it is your first home or your twenty-first purchase. Pre-approval gives you the confidence to know that you are searching not only in the right price range for you, but also knowing that once you find the right home, the process is already well underway towards a successful closing.

In a Seller’s Market, there are more buyers looking for homes than there are available properties for them to purchase. With demand exceeding supply, prices go up and the competition adds more urgency to the search process.