Archive | September, 2010

Tips To Make Moving A Breeze

30 Sep

Moving can be very chaotic.  Between making sure that you have everything packed, making sure everything gets moved to your new home, and getting everything unpacked it can be a very nerve-wracking experience.  Whether this is old hat for you or your first real move, there are some things to remember:

If you are hiring a mover:

  • Take the time to research the different movers.  This is the time to look at their reputation and find out what their policies are.
  • Talk with friends and family about their experiences.
  • Get multiple quotes.  Especially if this is a big move, this is not the time to just go with the first quote you get.  These should also be in-house quotes because it gives you a chance to meet the mover and get a feel for them. Continue reading

Relocation During the Recession

29 Sep

Would you like to know why The Carolinas are a great place to live?

For starters we have beautiful beaches, gorgeous mountains, weather that can’t be beat and an area rich in history and tradition. Newcomers are always impressed with the quality of life, the cost of living, and the opportunities that are available here.  Not convinced? Well then, let’s look at some of the stats:

Money Magazineranked two of North Carolina’s cities, Cary and Chapel Hill in its Top 50 “Best Places to Live in 2010”:

“In the heart of North Carolina’s Research Triangle, Cary N.C. boasts one of the lowest crime rates in the nation, AAA bond ratings from Moody’s, and an unemployment rate below the country’s average. Continue reading

What is a 4506 Tax Form?

28 Sep

Most every borrower will now be required to complete and sign the Tax Transcript form(4506) when they apply for a mortgage loan.  While this requirement is not a new one, borrowers should be made aware that this form will now be sent to the IRS during your application process.

The Tax Transcript form, which checks the past two years of federal tax returns, verifies to the lender that the income given to them is accurate. The IRS then confirms the information or alerts the lender to a discrepancy.  In the case of a discrepancy, the lender is given copies of the Taxes on file with the IRS.

For the borrower who is honest and submits accurate tax returns to the lender, this process should not be an issue or cause for concern.  It does have implications however, for those who submit false tax returns. Continue reading

Lessons from My First Home

27 Sep

They say hindsight is 20/20 – I couldn’t agree more when reflecting on my first home purchase and sale. Luckily, I had a good Realtor to watch out for me…because I certainly learned a few lessons.

First: An investor was selling the house as a flip, and, though the renovations were well-done, the layout wasn’t perfect for us. I told our Realtor “I would like the house, if only the house had x, y and z.” Our Realtor went back to the Sellers and they agreed to make ALL of the changes. Had she not encouraged me to ask for what I wanted, I probably would have passed on this fantastic home.

Lesson: It doesn’t hurt to ask for the things that you want.

Second: On moving-in day, we looked around the kitchen for a place to put our silverware, only to realize that we only had one drawer in the kitchen. ONE. As we looked for a place to plug in the bedroom phone, we realized that the home only had one phone jack. ONE! My sectional couch was so large for our new small house, that we couldn’t even get it in the den. How could I have missed these important facts? Though we made it work, I know now to look beyond the surface and look at the details that really matter – storage, furniture fit, cable/tv/phone wiring, overhead lighting, etc. Continue reading

The Fun Behind The FUNDay for Public Education

24 Sep

On September 27, Tate Realtors® and Leaders will be traveling from different locations across North Carolina and Upstate South Carolina to converge at The Point for the 13th Annual Allen Tate FUNDay.

What is FUNDay you may ask? Well, let’s start with the goal which is to play together all the while raising money to help ensure that students enrolled in public schools across the Carolinas receive the best education possible.  As I said in an earlier blog post, the perception of the education in the neighborhood school determines appreciation of the homes surrounding those schools. Continue reading

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