Broker, EXP Realty LLC
Questions and Answers on Owning Vacation Rental Property: As an owner of real estate in a North Carolina resort location, have you ever thought of renting it to others for their vacation use? If so, you need to be aware of the North Carolina Vacation Rental Act. The Act applies to any person or entity...
Questions and Answers on Purchasing Coastal Real Estate in North Carolina: Looking for property near the ocean? With almost 330 miles of ocean shoreline, North Carolina boasts some of the most spectacular beaches in the nation. But before buying, you should be aware of other factors that accompany the pleasures of owning property near the...
Questions and Answers on Offer and Acceptance: The purchase contract is the most important document in any real estate sale. It must reflect the entire agreement between the buyer and seller. This brochure examines issues arising during contract negotiations in residential real estate sales transactions. In particular, it focuses on “offer” and “acceptance”: the process...
Questions and Answers on Home Inspections: For most people, purchasing a home is the largest investment they will ever make. It is no wonder then that many homebuyers employ professionals to inspect the structural and mechanical systems of the home and report on their condition. While sellers also employ home inspectors to alert them to...
Questions and Answers on Fair Housing: The purpose of the fair housing laws is to protect a person’s right to own, sell, purchase, or rent housing of his or her choice without fear of unlawful discrimination. The fair housing laws are intended to allow everyone equal access to housing. State and Federal fair housing laws...
Questions and Answers on Earnest Money Deposits: This brochure in the Commission’s Questions & Answers series examines issues arising from the payment of earnest money deposits prior to closing a residential real estate sales transaction. Since payments made before closing are not treated the same in all transactions, it is important to understand the purpose...
Questions and Answers on: DUE DILIGENCE FOR RESIDENTIAL BUYERS Due diligence is a vital part of the home buying process. As a buyer, it is your opportunity to gather information about the property and surrounding area to help you make an informed decision about whether this is the right home for your needs. Since purchasing...
Questions and Answers on Condos and Townhouses: In the past, home ownership typically involved a single‑family house with a yard. But today, due to increased prices of single‑family homes and changes in lifestyles, many people either cannot afford or simply prefer not to own traditional single-family homes. In response to their needs, alternative forms of...
Questions and Answers on Real Estate Closings: In the typical residential real estate sales transaction, a buyer offers to purchase property from a seller. After negotiating the price and terms, the buyer and seller sign an offer to purchase and contract, and the buyer gives the seller (or the seller’s broker) an earnest money deposit...
