Brian Hourigan's Cary Real Estate Report


    Home Buying Tax Credit Extended and Expanded
    Did you think that you missed out on a chance at the $8,000 tax credit given to first time home buyers?  You are in luck!  First time home buyers now have until April 30, 2010 to buy their home.  In addition, current home owners who have lived in their home for 5 consecutive years out of [...]

    6 Reasons Why Now is a Great Time to Buy a Home
    The housing market is looking healthier. Here are six reasons why now is the time to jump into the market. 1. Uncle Sam is willing to help. First-time buyers (defined as anyone who hasn?t owned a home in the last three years) are entitled to a maximum $8,000 tax credit; interest rates are at record lows; [...]

    How would you like $8,000?
    Hey, first-time homebuyer: How does $8,000 from your Uncle Sam sound? Want an extra $8,000?  If you?re a first-time homebuyer then we have a nice surprise for you. Last fall, the Federal Government introduced a financial incentive to prospective first-time homebuyers ? an income tax credit of up to $7,500. The rules were simple: you must [...]

    My Real Life Experience of Building Wealth Through Home Ownership
    Hey guys. I just wanted to share with you my own personal home owning experience to show a real life example of how it can be financially rewarding. I bought my home 4 years ago for $142,000 with $6,000 in down payment and closing costs. (Note: down payment and closing costs can vary depending on your [...]

    Cary, NC Real Estate: First Time Home Buyers
    Want more information?  Contact Brian Hourigan with Keller Williams Realty at (919)280-3646.  We are happy to help you with all of your real estate needs.  To get pre-qualified for a home loan please contact Kevin Martini with SunTrust Mortgage at (919)274-3700 and mention my name in order to be moved into his VIP client file.  Click on the [...]

    Cary, NC Real Estate: Pre-Inspections, revisited
    Hello Readers! I have previously written about the importance of a home seller to have a pre-inspection completed before putting their home on the market.  However, after hearing countless agents talk about their deals falling through thanks to lengthy inspection reports, I felt like it was time to reiterate the point.  In fact, I too have had long [...]

    FHA Financing; The Good, The Bad, The Reality
    After the highly publicized mortgage meltdown this past year, it should come as no surprise that 100% financing is a thing of the past.  However, first time homebuyers and others who are “strapped for cash,” still have other options.  The biggest dog in the fight for 100% financing is the FHA loan.  The Federal Housing Authority (FHA), [...]

    Cary, NC Real Estate: Don?t Chase the Market Down
    In February 2007 there were 164 closing in Cary.  As February comes to anend here in 2008, there were only 99 closed homes this month.  It doesn’t take a Masters Degree in Real Estate to see that the market has slowed down a little bit.  We could talk all day about the reasons for this down [...]

    Cary, NC Real Estate: Negotiations
    I offer the following advice to every buyer and seller that I work with. “When negotiating a purchase price, whether buying or selling, put yourself in the other persons shoes.  If you were on the other side of the fence, would you accept the offer that you are suggesting?” If you enter a negotiation with the thought process [...]

    Cary, NC : Dreamfest 2008
    As we approach the holiday weekend celebrating the life of Dr. Martin Luther King, Jr., the town of Cary prepares for the annual MLK Dreamfest.  This week and a half long celebration is a series of events meant to educate and inspire us to live in an atmosphere of understanding, respect, and cooperation all year long. Upcoming [...]