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Old 08-30-2014, 07:23 AM
 
188 posts, read 237,872 times
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Quote:
Originally Posted by adlnc07 View Post
I'm not in real estate, but for resale it's definitely better to have 3 bedrooms instead of 2.
Really?
if yes,
I should look at 3 BR then, thanks
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Old 08-30-2014, 07:28 AM
 
188 posts, read 237,872 times
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Quote:
Originally Posted by gcretro View Post
New ones are coming up on church street Everett Crossing in Morrisville. No further idea on them. But as you may be aware, prices I hear are unreal in cary/morrisville now
I agree 100%!
The price is way too high nowadays.....
It's continue going up and up....
But I hate traffic jams and long commute, I see that now every roads around Cary are Jammmed during rush hours around 8am~9am and 4pm~5pm...., so I hope if I could live close to the company...
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Old 08-30-2014, 07:50 AM
 
715 posts, read 888,168 times
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Select a TH in a desirable location with at least 3BR-I like the Collins Grove in Cary yet they will not have amenities such as pool/clubhouse and at the $300k price might be steep just for the property. Can u rent until the market settles a little it might payoff if you can delay. We are seeing a flash flood of folks buying from other states which has inflated prices so just consider that.
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Old 08-30-2014, 12:04 PM
 
Location: Raleigh NC
25,118 posts, read 16,195,970 times
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What is your price range, based upon the cash you have or the loan you've been pre-approved for?

What does your Realtor suggest?

It sounds like you've narrowed down the location based on commute, which is the next variable.

With a new townhouse, it is impossible to determine future resale value/appreciation. I think of Glenwood North as an example where it languished during the recession but now they're selling very fast....at about their original 06-07 prices.

You definitely want to consider amenities, and you definitely want a real-sized garage. I've seen some of the new ones, I'm not sure how you'd get a mid-sized sedan into even.
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Old 08-30-2014, 12:16 PM
 
188 posts, read 237,872 times
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Quote:
Originally Posted by bobromhal View Post
what is your price range, based upon the cash you have or the loan you've been pre-approved for?

What does your realtor suggest?

It sounds like you've narrowed down the location based on commute, which is the next variable.

With a new townhouse, it is impossible to determine future resale value/appreciation. I think of glenwood north as an example where it languished during the recession but now they're selling very fast....at about their original 06-07 prices.

You definitely want to consider amenities, and you definitely want a real-sized garage. I've seen some of the new ones, i'm not sure how you'd get a mid-sized sedan into even.
$300,000
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Old 08-30-2014, 12:17 PM
 
912 posts, read 884,600 times
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Quote:
Originally Posted by BoBromhal View Post
.

You definitely want to consider amenities, and you definitely want a real-sized garage. I've seen some of the new ones, I'm not sure how you'd get a mid-sized sedan into even.
Definately watch the garage. We looked at a new built 2 car garage but it was really like a 1 1/2 garage. The right side could not accommadate a Camry. We wound up with one built in 2004 and it's a large 2 car garage with 2 garage doors and space in between them.

Best of luck to you!
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Old 08-30-2014, 01:00 PM
 
8,583 posts, read 16,002,666 times
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I wish someone would buy the foreclosed townhouse that has been sitting vacant for 9 months beside me ...
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Old 08-30-2014, 02:30 PM
 
188 posts, read 237,872 times
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Quote:
Originally Posted by kelly237 View Post
I wish someone would buy the foreclosed townhouse that has been sitting vacant for 9 months beside me ...
How much is it?
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Old 08-30-2014, 03:39 PM
 
8,583 posts, read 16,002,666 times
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Quote:
Originally Posted by MikeCool64 View Post
How much is it?
Who knows ??? Bank of America owns it..
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Old 08-30-2014, 08:45 PM
 
188 posts, read 237,872 times
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Quote:
Originally Posted by gcretro View Post
New ones are coming up on church street Everett Crossing in Morrisville. No further idea on them. But as you may be aware, prices I hear are unreal in cary/morrisville now
Lennar TH are in the middle of building around Church Street, Everett Crossing, my question is that it's close to 540 and rail road/54(Chapel Hill Rd), no noise from 540 and rail road?
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