A Little Help from Our Friends

24 Nov

FUNday2015_logoEvery fall, for the past 18 years, the Allen Tate Company has held FUNday events to raise money for public education in local communities across the Carolinas.

This year was no exception. We held four regional evening events, in Greensboro, Raleigh, Charlotte and Greenville, SC, where our Realtors® and representatives of our Family of Companies participated in a variety of activities to raise money for the kids.

Additionally, many of our valued business partners and vendors joined us, offering their generous support in the form of donations, auction items, prizes and in-kind services to help make FUNday a huge success. More than 100 partners made a significant contribution.

To date, FUNday has raised more than $1.6 million (2015 monies are still being tallied). We’re proud to say that we’ve done this with more than a little help from our friends.

Please join us in extending thanks to our valued FUNday 2015 partners across the Carolinas:

  • 2-10 Warranty, Advanta Clean of the Piedmont, AgriWaste Technologies, Alert Construction and Energy Solutions, Americas Choice Home Inspections, Arrow, Artisan Signs & Graphics, Association Management Group, Automated Shredding, Babb & Brown, Bass Home Inspections, Blue Ribbon Home Inspections Inc. and Bonterra Builders/AV Homes.
  • Brentwood Carpet/Flooring America, Bug Busters/Curtis Hayes, Bunch & Associates, Burlington Times-News, CalAtlantic Homes, Candid Home Inspections, Canon Solutions America, Cardinal Awards, Carolinas Landscapes, Carolina Realty Signs, Randy Carson/The Carson Group, Cecil and Cecil PA and Charlotte Business Journal.
  • Charlotte Observer, City Transfer, The Coley Law Firm, Coltrane and Overfield, PLLC, Community Journals, Crown Communities, Tony DiPasquale Law Firm, Anthony Donato Law, the Ellis Firm, PLLC, Doyle & Wallace, PLLC. Evans Coghill Homes, Ferguson Bath, First Choice Termite and Pest Control and Salle Galloway Inc.
  • Gigi’s Cupcakes, Got You Floored Inc., Bob Graves and Music Transit Authority, Greensboro News & Record, Greenville Pest Control, Donald Haack Diamonds, Heckman Law Firm, Helium & Balloons Across America, HH Hunt Homes, Hilldrup Relocation Services, Home Inspection Carolina and DR Horton.
  • Howdy Home Inspections, Investment Inspections, Iron Hen, KB Homes, Kitchen and Lighting Gallery, KNC Construction, Kwik Kerb, Lanier Law Firm, T.R. Lawing Realty, J. Terry Laws Attorney, Lennar Homes, Legendary Communities and Marble Granite World Inc..
  • McLean Homes, McMillan, Psaroudis and Markey, PA, Metro Life Guide, MI-Box, NANDO Media Company, Nelson Law Firm PLLC, Office Depot., O. Henry magazine, Othos Pest Management, Peachtree Residential Properties and Piedmont Service Group.
  • Ronnie Pendleton Appraisals, Quantum Digital, Randolph Communications, The Real Estate Book, Realtor.com, River Run at Davidson, Riverwalk Carolinas, Ryan Homes, SC Inspector, S&D Coffee & Tea, The South Law Firm and Steamatic.
  • Steampro, Superior School of Real Estate, TelWare Corporation, The Terry Law Firm, Samantha Terres, PLLC, Traton Homes, Trilogy Lake Norman, True Homes, United Printing, Westgate Chrysler Jeep Dodge, Carol Williams and the Winston-Salem Journal.

Pat Riley

Pat Riley

CEO and President, Allen Tate Company

Prepare your home for the Carolina winter

23 Nov

iStock_000033729948_SmallAlthough our winters are short and relatively painless, the Carolinas can still experience big ice storms and usually some measure of snowfall. With temps dipping into the freezing mark soon, make sure your home is winter weather ready.


  • Start by cleaning the remaining leaves from your gutters so that standing water doesn’t freeze and create dangerous icicles or collapse from the weight of the ice.
  • Take down any dead or dangerous tree limbs that could damage your roof or gutters, or are hanging over a sidewalk or street.
  • Turn off the water supply to outdoor spigots and sprinkler systems, unhook any hoses, and then drain them.
  • Caulk around windows and doors to seal any gaps.
  •  If your house is on a foundation, close all foundation vents to prevent cold air flow under the house with freezing temperatures. By closing the vents you prevent freezing pipes and better heat efficiency in your home.


  • Reset your ceiling fans to a clockwise direction so they push hot air at the ceiling down toward the floor.
  • Make sure your windows and doors are sealed tight. If you find gaps, use budget-friendly weather stripping tape and draft guards to keep the wind out and the heat in.
  • Check or install insulation in your attic floor and basement ceiling to keep it cozy throughout the house.
  • The US Department of Energy says you can save as much as 10% a year on heating and cooling by simply turning your thermostat back 7°-10°F for 8 hours a day from its normal setting. Install a programmable thermostat and save money by adjusting the temp down in the winter (and up in the summer) when you’re not in the house.

Consider an energy audit to help identify even more ways to make your home safer and more efficient for the winter months to come.

Tony Jarrett
Regional Vice President, Triad and Vice President of Operations, Allen Tate Companies

Buyers Need to Understand Timing

20 Nov

AfteiStock_000005860307_Smallr nearly two months of originating TRID loans under the new regulations, one thing is very clear. Buyers must understand and respect the timing and deadlines involved.

Here are some key dates buyers need to keep in mind:

  • Application Date. Submitting your mortgage application as early as possible in the home-buying process is more important than ever. Also important is gathering the documents required to apply.
  • Closing Date. This is the date agreed upon by the buyer and seller for closing. When working with your lender, make sure your loan is clear to close (no other conditions required) at least one week before this date to ensure a smooth closing.
  • Appraisal Received Date. The lender will let you know when your appraisal has been received and reviewed by Underwriting. You will receive a copy of this for your records.  It is important for buyers to know that the appraisal has been received and reviewed, to avoid any delays.
  • Clear to Close Date. This is the date that you, as the buyer, are looking for to confirm the Closing Date agreed upon. This means your lender has approved and cleared all conditions on your loan, and you are now ready to proceed toward the closing process. Under TRID, the closing process now includes additional time for the preparation of the initial Closing Disclosure and its delivery to and acknowledgement from the buyer. (Once receipt is acknowledged, the three business-day clock starts.)
  • Initial Closing Disclosure Due to Attorney Date. This is especially important if you are buying a foreclosure or HUD-owned home, as a longer period of review is required for these loans. Check with your attorney and agent on this.

To help ensure a smooth process, make sure your lender allows e-signatures on these new closing documents. (You’ll want to enroll in this feature upfront.) This is the easiest way to acknowledge your Closing Disclosure and meet your original closing date.

In summary: apply quickly, submit all required documentation and work with your lender to get your loan Clear to Close. Buyers should plan for some flexibility or have a “Plan B” if they need to push their closing a day or two.

Contact your Allen Tate Mortgage Consultant to smoothly navigate through this new process.

Lisa Green

Allen Tate Mortgage NMLS# 79543

Loans available in NC/SC

Stay Safe This Fall

18 Nov

iStock_000043414824_SmallThe leaves are falling, the breeze is blowing, and that means it’s time take extra steps to stay safe, warm and dry.

Around the house.

Change the batteries in smoke alarms and carbon monoxide detectors. And then recheck the alarms with new batteries installed.

Check and replace any home fire extinguishers that have expired.

The heat is on.

Turn your furnace on and make sure it is working well. Contact a service company or technician to inspect it if you don’t have a maintenance contract. A damaged or leaky furnace could cause dangerous carbon monoxide to enter your home.

Make sure no flammable materials are around the furnace, such as clothing, paint products, toxic materials, paper products, etc.

If you use a space heater, turn it off when you leave the house and never leave it unattended while in use.

Light the fire.

Before lighting a fire in your fireplace, make sure the chimney is cleared of debris, creosote buildup, and is unobstructed. Make sure the bricks, mortar and liner are in good condition. If you have gas logs, clean off dust and pet hair that might have gathered in the off-season before re-igniting the pilot light.

Lighted candles can be cozy on a fall evening, but don’t leave them unattended, burning near other flammable items or on an unsteady surface. Make sure you blow them all out before going to bed.

Outside to-do’s.

Make a quick check of your roof, windowsills and door seals before chilly winds blow. Check all outdoor lighting fixtures to make sure they are working properly as the nights grow longer.Keep gutters clear of leaves and debris as the trees drop their foliage. Keep the drive and walkways clear of leaves that can be slippery when wet.

By: Allen Tate Marketing & Public Relations

Home Alone

16 Nov

CMU_wallpost (2)In 1990, the classic Christmas movie “Home Alone” was released in the theaters. It featured the madcap antics of Kevin, an 8-year-old troublemaker who is accidentally left at home alone when his family goes on vacation.

I can’t help but think of that movie title whenever I see a home listed as a FSBO – For Sale By Owner.

Like the kid in the movie, I’m sure the FBSO seller initially thinks that selling their home alone (without the help of a Realtor®) is a great idea. But at some point, that seller realizes that the process is far more complicated than they bargained for.

Interestingly, only 9 percent of homes on the market today are FSBO. That figure hasn’t changed in the past three years, according to the National Association of Realtors® – despite a strong housing market where multiple offers are entertained and homes sell quickly.

Today’s sellers understand that while going the FSBO route might save them some marketing dollars, a professional Realtor offers them much, much more. In this month’s Carolinas Market Update, I talk about why few sellers choose to “go it alone.”

A Realtor helps you price your home correctly and stage it effectively. They can help you identify necessary repairs and enhancements to get your home ready for sale. A Realtor will make sure your home is showcased through quality photography, and exposed to the widest range of potential buyers and other real estate agents through the right websites.

Additionally, a Realtor is prepared to immediately respond to inquiries about your home and is available for unbiased showings. Realtors are familiar with mandated disclosure and discrimination law, and are experts in negotiating inspections, warranties, and what is included with the home.

And 92 percent of all home buyers elect to use the services of a Realtor. So why would a seller try to represent themselves? That just doesn’t make sense.

If you’re considering the idea of FSBO, go find a copy of the movie and distract yourself with a bowl of popcorn and some belly laughs. Then call an Allen Tate Realtor – and avoid the drama that comes with trying to sell your home alone.

Pat Riley

Pat Riley

CEO and President, Allen Tate Company


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