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Raleigh Homes Realty

Residential real estate in Raleigh, N.C.

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Buying Off Campus FAQ

There are many factors to consider when moving off campus and buying property in Raleigh.

Why should I use a buyer’s agent?

A buyer’s agent protects your interests and represents only you in the transaction. Plus, a buyer’s agent doesn’t cost you any money; a buyer’s agent’s commission is paid by the seller.

If we need housing beginning in August, when should we start looking?

You should plan on a minimum of 30 days from the time of an offer to the closing on a property.  Call me and we can look at the different options on the market and get an idea of what you may be interested in.

How much of a down payment do I need?

You’ll need a 3.5% down payment if you qualify for an FHA loan, but you could need up to a 20% down payment.  A lender can offer advice based on your unique circumstances.

How much do closing costs typically add up to?

Closing costs typically are less than $5,000.00.  It’s also possible during negotiations to have the seller pay some or all of the closing costs.

How will my student get to and from campus?

The Wolfline, N.C. State’s free campus bus system, has 10 daytime routes, four nighttime routes, and serves three park-and-ride lots.

N.C. State students can also ride the local and regional buses free of charge.

There are carpooling programs and bicycle programs.

Find more information at: http://www2.acs.ncsu.edu/trans/wolftrails/index.html

 

 

 

Wolfpack

View Listings

  • 416 Elm Street, Raleigh, NC
  • 7 N. East Street, Raleigh, N.C.
  • 816 N. Bloodworth Street, Raleigh, NC

From the Blog

  • Meet Karen Still
  • Downtown Raleigh Events & the COVID-19 Pandemic
  • March 2020: 30 FREE Things to Do in Downtown Raleigh

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