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Posts Tagged ‘Durham NC open house’

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822 Lynn Road Durham NC 27703

What goes around comes around and so does 822 Lynn Road. I’ve sold this home once already and now I’ve got it for sale again. There is so much to like about this home, the floor plan is open and has a terrific flow. The living space is light and bright and the hardwood floors gleam.
The yard has tons of garden space with lots of perennial plantings that are sure to thrill any gardener.

822 Lynn Road is a short ten minute drive to Duke Medical Center, The VA Medical Center, shopping at Brier Creek and the Research Triangle Park.

Call Michael Sullivan, the real estate expert on Durham, Research Triangle Park, Hillsborough and Chapel Hill. To learn more about this and other properties in the area. You can Michael at 919-608-2372 mobile/text or MSullivan@fmrealty.comVisit his web site at TeamMichaelSullivan.com or TeamMichaelSullivan.net.

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Another fine home sold

Another one is sold, 1316 Glendale Avenue Durham, NC 27701 is contract pending and on its way to closing.

If you want your home sold, phone Michael Sullivan, 919-608-2372 or visit TeamMichaelSullivan.com
Put Michael’s 17 years residential real estate experience to work for you. One click or call does it all.

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Don’t get caught

I recently read a home inspection report which was the most evasive report that I’d ever seen. The report itself was very nice, full of photos and general observations but when it came to some the meat and potatoes, I was very disappointed. Thankfully I didn’t encourage the buyers to use this inspector.

The inspector noted that the home has aluminum wiring, not in and of itself a problem, especially since the house has copper pigtails. What was disturbing is the inspector refused to comment as to whether the terminal connections to the breakers and bus bar are secure and functioning properly. All of this done with the panel box open and with enough time to snap multiple photos.

I guess he couldn’t put his fingers on the wires; no danger here if one touches just the insulation and jiggle them a little to see if they are loose. The same true with the breakers. The home inspectors recommendation; hire an electrician to evaluate. The inspector did a political dance to the left. He took the fifth and passed a very expensive buck.

The same was true of some water stains in the house. He wouldn’t say yah or nah to whether or not there were active water leaks in this home. He said, get a plumber and investigate further. I imagine that a moisture meter placed on the spots and running the water at full force during the inspection didn’t cross this guys mind. That’s what other inspectors do; so that they can then say, ah ha here’s a water leak. To be fair to this fellow, he did find a lot.

However this side stepping at over $300 for a townhouse home inspection is unfair to the buyer, the seller and the agents involved. This is exacerbated too by his sarcasm and hostility when I asked him about the homes grounding, breaker box, wiring and “plumbing leaks.” I was told in no uncertain terms to read the whole report and reference all of the links he’d placed in it. Reading the report and following the links are all admirable and well spent time tasks but those tasks still don’t answer the questions left begging, are the bathrooms leaking? Is the electricity working properly?

 I guess that I’ll have to go elsewhere to determine those answers. Care to know more about finding the best home inspector to evaluate your future home? There is more but a blog is not the venue to go into all of that. Call me, Michael Sullivan at 919-608-2372 for a free no obligation consultation where we will discuss finding the very best inspectors for you. I have 17 years market experience in the Raleigh, Durham, Cary and Chapel Hill real estate market where I have helped thousands of families find their spot to call home. You may text to 919-608-2372 or email me at MSullivan@fmrealty.com. Learn more about Team Michael Sullivan at TeamMichaelSullivan.com

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Maybe the maelstrom in real estate is starting to wear itself out and wind down. I sure hope so and I’ll bet many of my seller clients feel the same way. In an article dated today, Monica Chen with the “Durham Herald Sun,” writes on Durham County North Carolina foreclosures.
According to the NC Administrate Office of the courts; Durham County had 446 foreclosure starts from June through August 2010. This is down from 508 for the summer of 2009. Still the news is not rosy, 446 is a lot of foreclosed home and a lot of people moving from ownership into leasehold. Although Durham’s unemployment rate of 7.6 percent is below the sate wide level of 9.7 percent, there are still a lot of unemployed and underemployed people in our market.
The Herald Sun article further asserts from sources with the Mortgage Foreclosure Defense Project for Legal Aid of North Carolina that current sub-prime lending practices are affecting current foreclosure rates. HUH???? The Herald Sun article points to statistics that are four years old and two years old, kind of destroying the article’s credibility….these are not current lending practices; let’s call them…dated. The Herald does state that there has been a drop in sub-prime lending practices, this is true; there has been a drop in ALL lending practices from all banks.
So, with foreclosure rates starting to decline perhaps we’ll see a market return to stable real estate market.

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This property is being marketed by Michael Sullivan, Realtor with Fonville Morisey Realty. Mike Sullivan is the market expert for Durham, Chapel Hill and the Research Triangle Region of central North Carolina. Put Michael Sullivan¿s 17 years real estate market experience to work for you.

A great Hope Valley Farms home at a terrific price…$154,900

616 Edenberry Drive is a charming, well maintained three bedroom and two and a half bath home in the Hope Valley Farms neighborhood of Durham NC. The two-story entry foyer and living room/dining room combination are adorned with hardwood flooring and soothing neutral paint colors. A lovely wood burning fireplace is the focal point of the living space and sliding glass doors open to a huge, fully fenced rear yard that back up to green space. Just imagine no neighbors behind you and a fully fenced space for gardening, barbeques and playing.

The galley kitchen is modern and functional and has newly added ceramic tile flooring. A convenient door passage leads from the two car garage to the kitchen so if weather if foul groceries can be brought into the house and everyone will stay dry. The kitchen appliances stay with this home and the sellers are offering a one year HSA Warranty with a $100 deductible for buyer¿s peace of mind.

Upstairs are three bedrooms, all with Berber carpeting. The master is vaulted with a cathedral ceiling and ceiling fan and is serviced by its own private bath.

Hope Valley Farms offers interesting and fun lifestyle amenities. There is a swim and tennis club which is optional for residents to join. The neighborhood has miles and miles of sidewalks and is bounded by the American Tobacco Trail which offers miles of wooded, paved trails that wind from downtown Durham and the Durham Bulls Athletic Ball Park to the Streets of Southpoint Mall in southwest Durham. Hope Valley Farms is roughly ten miles to UNC at Chapel Hill, ten miles to Duke University and 5 miles to Research Triangle Park; literally at the center of it all.

Wish to see inside 616 Edenberry Dr.? Call or text Michael Sullivan at 919-608-2372 or email, MSullivan@fmrealty.com

Neighborhood: Hope Valley Farms
Lot Size: .15
Type: Single Family Residential for Sale
Floors: Two or More Stories
Parking/Garage: 2
Bedrooms: 3
Baths: 2
Half Baths: 1
Square Feet: 1344
Year Built: 1999
School District: Durham: Southwest/Lowes Grove/Hillside
Appliances
Family Room
Fireplace
Forced Air
Hardwood Floors
Deck/Patio
Fenced Yard

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One Year H.S.A. Warranty w/ $100 deductible. This home sited on 2.4 wooded acres sparkles through and through. The rear yard is partially fenced providing a safe play space and who wouldn’t love the low traffic cul de sac. Through out there is fresh paint, freshly cleaned carpets, sun filled living spaces, two huge master suites both up with private baths. Attached to one suite is a large office area. A two tiered deck at the back of the home makes for a great outdoor gathering spot and the sunken living room with masonry fireplace is warm and inviting. Want to see inside, call or text today, 919-608-2372

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615 and 616 Edenberry Drive Durham NC 27713

Visit TeamMichaelSullivan.com for property details

Come out Saturday June 12, 2010 from 2-4 pm to see these wonderful homes.
Need directions or more information, call or text Michael at 919-608-2372 email is good too, MSullivan@fmrealty.com

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