How Do NC Property Taxes Compare to Illinois?
North Carolina’s effective property tax rate is 0.66 percent against Illinois’ 1.88 percent. The catch is retirement income, which Illinois does not tax.
Are Builder Lot Premiums Negotiable in Wilmington?
Rarely, and almost never as a straight discount. The homesite premium is the least movable line on a builder’s price sheet. Here is what does move.
What Actually Happens on Closing Day in North Carolina?
Closing day in NC is two events: Settlement, when you sign, and Closing, when the deed records. You get the keys at Closing, not at the signing table.
Moving to Wilmington from Raleigh or Charlotte: Is It Worth It?
Wilmington is not the cheaper move. You pay more per square foot than Raleigh or Charlotte and save real money on property tax.
Can I Get a Mortgage on a Home With a Well and Septic?
Yes. FHA, VA and conventional loans all finance well and septic homes here. What changes is the water test, the distances and the septic permit file.
Should I Accept an Offer With a Home Sale Contingency?
In North Carolina the buyer’s home sale statement is not a contingency at all. What to check before you accept, and the back-up contract most sellers miss.
What Is It Like Living in Surf City NC Year Round?
Surf City counts 4,396 year-round residents against 2,255 housing units held for seasonal use. Here is what living here all twelve months actually costs.
Should I Buy a Spec Home or Build to Order in Wilmington?
The biggest builder incentives this month are tied to specific inventory homes and hard closing dates, which a to-be-built house cannot meet.
Do I Need a Real Estate Attorney to Buy a House in NC?
Yes. North Carolina requires a licensed NC attorney to supervise a residential closing. The real question is who picks the firm.
What Happens to My Rate Lock if Closing Gets Delayed?
If the lock expires you pay to extend or take the market rate that day. Set the lock around the real closing date, not the hoped-for one.