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(919) 555-0127Mon - Fri 8:30 am - 6:30 pmRaleigh · Cary · Wake Forest · Apex · DurhamNC Real Estate Commission Firm License #C00000 (demo)

Raleigh, Cary, Wake Forest and Apex

Everything a Triangle move asks of you, on one panel

Homes for sale, area figures, and the five pieces of paperwork that decide whether a deal holds together. Start anywhere.

Homes listed
10
Median days on market
19
Client rating
4.9 / 5
Office
Open today
Who pays your agent, and how that is agreedCompensation left the MLS in August 2024. It is negotiated now.

Three routes to paying the buyer's side

Before we show you a single house, North Carolina requires a written buyer agency agreement with a compensation figure in it. Here is where that figure comes from, in the order we try.

  1. Listing firm offers compensation off-MLS

    About 7 in 10 Triangle transactions (sample) · $0 at closing

    We confirm the offer in writing before you tour, because it can no longer be published in the MLS.

  2. Seller concession in the offer

    About 2 in 10 · $0, but it competes with price

    A concession is money the seller nets less of, so it is weighed against your price the same way a repair credit is.

  3. Buyer pays the balance at closing

    About 1 in 10 · The shortfall, in cash

    Not financeable on a conventional loan. We model it into your cash to close before you sign anything.

Whichever route applies, the number is written into your agreement before the first showing and restated in writing before every offer. Nobody should learn what their agent is paid from a settlement statement.

The North Carolina due diligence clockTwo payments, one deadline, and a very different meaning for each

What the fee buys and what the deposit risks

North Carolina's Offer to Purchase and Contract splits your money in two. Most buyers coming from another state get this backwards, which is expensive.

  • Due diligence fee

    $500 to $2,500 (sample)

    • Paid directly to the seller at contract
    • Refundable: No, except on seller breach

    It buys you the right to walk away for any reason at all until the deadline. In a bidding war it is the number sellers look at after price.

  • Earnest money deposit

    About 1% of price (sample)

    • Held by the closing attorney or listing firm in trust
    • Refundable: Yes, until the deadline

    Terminate before 5:00 p.m. on the due diligence date and it comes back. One minute after, it goes to the seller.

  • Both at closing

    Full amount

    • Credited to you on the settlement statement
    • Refundable: Not applicable

    Neither is an extra cost if you close. They are the price of the right to change your mind.

A typical 21 day period, day by day

  1. Day 0

    Contract signed, fee delivered

    Due diligence fee to the seller, earnest money to the closing attorney's trust account, and the executed contract to your lender the same afternoon.

  2. Day 1 to 2

    Inspections booked

    General inspection, plus radon where the geology calls for it, sewer scope on anything pre-1985, termite (wood-destroying insect report) and a structural engineer if the general inspector flags movement.

  3. Day 3 to 5

    Loan application and appraisal ordered

    The lender cannot order the appraisal until you formally apply. In Wake County a residential appraisal typically comes back in 7 to 12 days (sample).

  4. Day 5 to 8

    Reports in, repair request drafted

    We separate safety and structure from cosmetics, then ask for repairs, a credit or a price reduction. The seller is not obliged to agree to any of it.

  5. Day 8 to 12

    HOA documents and survey

    Statement of unpaid assessments, declaration, budget and minutes requested. A boundary survey is ordered here if fences, driveways or additions look close to a line.

  6. Day 12 to 18

    Appraisal returns, insurance bound

    If value comes in under contract price, the appraisal gap conversation starts now, while you still have a free exit. Homeowner's insurance quote and flood determination in the same week.

  7. Day 18 to 21

    Repairs agreed or terminate

    Anything unresolved has to be settled before the deadline. Extensions are possible but require the seller's written agreement, usually for an additional fee.

  8. Deadline, 5:00 p.m.

    Due diligence ends

    From this moment your earnest money is at risk. The remaining work, clear-to-close, final walk-through and attorney settlement, runs to the settlement date.

The HOA file, and what kills deals inside itEight documents, five recurring deal breakers
HOA documents we request during due diligence
DocumentWhat it tells youWhat we flag
Statement of unpaid assessmentsDues owed on this unit through closingAny balance the seller has not budgeted to clear at settlement
Declaration and covenantsWhat you may build, park, rent or paintArchitectural approval required for work the seller already did without it
Bylaws and rulesHow the board is elected and what it may fineFines that run with the property rather than the owner
Current budget and balance sheetDues in, expenses out, reserves heldReserves under about 30% of the reserve study recommendation
Reserve studyRoof, siding, paving and pool replacement scheduleA roof at year 22 of a 25 year life with no line item funding it
Two years of board minutesWhat the board has been arguing aboutRepeated discussion of a special assessment that has not been voted yet
Insurance certificateMaster policy type and deductibleA bare walls policy when you assumed walls-in coverage
Litigation disclosureSuits the association is party toConstruction defect litigation, which can stop conventional financing outright

Swipe the table sideways to see all columns.

Under the North Carolina Planned Community Act the seller must furnish a statement of unpaid assessments. Everything else on this list has to be asked for, which is why we ask on day one.

Appraisal gap, in cashThe lender lends on the lower of the two numbers

Move the appraised value and watch your cash move

  • Loan the lender will write$468,000
  • Your down payment$54,500
  • Appraisal shortfall, in cash$22,500
  • Total cash before closing costs$77,000

A $25,000 shortfall lands on you, not on the loan.

  • What a gap coverage clause commits you toParagraph language promising to cover a shortfall up to a stated dollar figure. Cap it at a number you can genuinely wire. An uncapped promise is an open-ended cash obligation, and it is the clause we most often talk buyers out of.
  • Your four real optionsBring the cash, renegotiate the price, split the difference with the seller, or terminate. Inside the due diligence period the fourth option costs you only the due diligence fee, which is exactly why the appraisal is ordered early.
What the owner's title policy actually coversNorth Carolina closes with an attorney, not an escrow company

Covered defects, and the exceptions on Schedule B

A title search finds what was recorded. Insurance pays for what it could not find. Everything in the second column is disclosed to you and then deliberately left out of the policy.

Insured by the owner's policy

  • Unreleased deed of trustA paid-off mortgage the lender never cancelled of recordCommon on 1990s refinances. The attorney chases the release; the policy pays if the lender cannot be found.
  • Undisclosed or missing heirAn estate that passed without all heirs signingTurns up in Historic Oakwood and rural Wake County where property moved through families without probate.
  • Forged or improperly witnessed deedA signature in the chain that was not genuineRare, and the single clearest reason an owner's policy exists at all.
  • Mechanic's lien from prior workAn unpaid contractor from before you boughtNC liens can relate back to the first day of work, so one can be filed after you close for work you never ordered.
  • Judgment or tax lien against a prior ownerA debt attached to the property, not the personNC judgments hold for 10 years and are renewable, so the search has to run the full period.
  • Recording or indexing errorThe register of deeds filed it under the wrong nameInvisible to a buyer and to most searches. This is insurance doing the job a search cannot.

Excepted, so read it before closing

  • Recorded easement or restrictive covenantA utility strip or a covenant limiting useA Schedule B exception. It is disclosed, not insured. Read it during due diligence, because it survives closing.
  • Boundary or encroachment matterA fence or shed over the lineExcepted unless you buy a current survey and have the exception removed. A $500 survey (sample) buys the deletion.
  • Zoning and permit problemsA finished basement with no permitNever a title matter. It belongs to the inspection and the county permit search.
  • Anything you agreed to in writingA defect disclosed to you before closingConsenting to a known exception removes it from coverage. This is why we read Schedule B out loud.
Title policy types compared
PolicyWho it protectsAmountHow longTypical premium
Lender's policyRequired by your lenderThe loan amount, falling as you pay downUntil the loan is paid offAbout $2.20 per $1,000 of loan (sample)
Owner's policyOptional, and the one that protects youThe full purchase price, fixedAs long as you or your heirs hold titleAbout $1.55 per $1,000 when issued simultaneously (sample)
Enhanced owner's policyOptional upgrade on residential purchasesPurchase price, with automatic inflation increasesAs long as you hold titleAbout 20% above the standard owner's rate (sample)

Swipe the table sideways to see all columns.

Clearing title before you list

General information about North Carolina practice, not legal advice. Your closing attorney advises you on your own title.

Closed by our agentsList price, sale price and days, unedited
  • 2716 Anderson Dr in Five Points2716 Anderson DrFive Points · listed $725,000 · 4 days$758,000
  • 114 Pine Hollow Ct in Cary114 Pine Hollow CtCary · listed $569,000 · 9 days$575,000
  • 632 N Bloodworth St in Historic Oakwood632 N Bloodworth StHistoric Oakwood · listed $689,000 · 12 days$702,500
  • 9810 Leesville Trail in Brier Creek9810 Leesville TrailBrier Creek · listed $415,000 · 6 days$421,000
  • 405 Wait Ave in Wake Forest405 Wait AveWake Forest · listed $459,000 · 8 days$466,000
  • 3021 Dogwood Rd in North Hills3021 Dogwood RdNorth Hills · listed $599,000 · 5 days$611,000
Our numbersSince 2012, in Wake and Durham counties
  • 1,140+Families moved in since 2012
  • 4.9Average rating from 1,284 reviews
  • 101.6%Sale-to-list price, 2025 average
  • 19Median days on market for our listings
  • NC Real Estate Commission Firm License #C00000 (demo)
  • Members, Raleigh Regional Association of Realtors
  • Equal Housing Opportunity brokerage

Sample figures for a demo website.

The agents8 people, one office on Glenwood Ave
  • Portrait of Renee Whitfield

    Renee Whitfield

    Founder and Broker-in-Charge

    First-time buyers, North Hills

  • Portrait of Marcus Bellamy

    Marcus Bellamy

    Listing Specialist

    Home selling, Five Points

  • Portrait of Priya Raman

    Priya Raman

    Buyer's Agent

    Relocation, RTP commuters

  • Portrait of Daniel Okafor

    Daniel Okafor

    Buyer's Agent

    VA and military buyers

4.9 out of 5From 1,284 client reviews (sample)

First home, zero clue what due diligence meant. Tyler explained everything twice, never rushed us, and we closed on a house with a yard for our dog.

Jasmine and Theo P.Wake Forest · Buying

Marcus told us exactly which rooms to fix and which to leave alone. Seven showings the first day and we sold above asking in four days.

Carol HensleyNorth Hills · Selling
Written by our agentsLong-form guides based on real Triangle transactions

The Triangle market letter

One email at the start of each month: what actually closed in your area, where list-to-sale ratios moved, and which contract terms buyers are winning with right now. Written by Renee, not by a marketing platform.

  • Median price and days on market for all six neighborhoods
  • Due diligence fees that are winning offers this month
  • New listings before they hit the portals

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