Chapel Hill Real Estate Search

Finally! The market is moving again - you can feel it. The phone is ringing, the offers are coming and we even have multiple offers on some properties!  Now we haven’t seen that in a while.    But there are still some issues out there - deferred maintenance during the recession can lead to problems with homes and great repair negotiations.The biggest change to the new contract is the due diligence period.  This is the time period that the buyer has to fully investigate the property in the hopes of making the final purchase.  The fee and time period are additional points of negotiation for the contract to purchase.   Before the end of this due diligence period, the buyer may terminate the contract for any reason at all.Call Reg Morgan, an experienced Chapel Hill realtor with a love for the area and knowledge of the business!