This should be an Easy one...Right? 
But I just got off the phone with the NC Real Estate Commission, and the answer met my expectations, but with a Little Twist.
1) You have to be 18 Years old to Sign a Legally Binding Contract.
2) But you can be as old as you want, to actualy Buy a home...... from 0+. If you have got the cash, you can leagally own real property in NC.
3) You must be at least 18+ in order to get a mortgage, some banks have the requirement of being at least 21+. But the Law is 18+
For Example in order to Write a Legally binding contract you need to be 18+. You can still write one at age 12 for example, but can get out of the contract easily for just being a minor. But once the Deed is recorded, then the home is Yours, no matter your age.
So the moral of the Story...If you've Got the money, you can buy Real Property...no matter your age. But if you want to write a legal contract and get a mortgage, you must be at least 18+.
Happy Buying in NC!!!
Brian D. Wray
Broker / Owner
Wray Realty
919-880-4188
Wake county in 2008 raised the Property Values on their residents home, but they also lowered the Tax Rates across the County and many of the Cities also lowered their Tax Rates as well. This in effect lowered the Wake County Residents Tax Liability on almost everyones home. Here are the 2008 Tax rates. The 2009 Rates will not be out until late spring, early summer. If you look below, you can see the change from 2007 to 2008. The rates are based on the cost per $100 in Value.
For Example a home in Raleigh with a Tax Value of $200,000 would have a Tax Bill of
Wake County Rate = 200000/ 100 = $2000 x .534 = $1068
Raleigh Rate = 200000 / 100 = $2000 x .3735 = $747
Total Tax Bill = $1815.00
This is not including recycling fee, fire district fees, etc. But these usually only tally up to $20 - $50 total
Tax Rates
WAKE COUNTY
2008 2007
.534 .678
ANGIER
.53 .53
APEX
.34 .40
CARY
.33 .42
CLAYTON
.54 .54
FUQUAY VARINA
.385 .52
GARNER
.49 .575
HOLLY SPRINGS
.415 .53
KNIGHTDALE
.40 .50
MORRISVILLE
.3665 .4677
RALEIGH
.3735 .435
ROLESVILLE
.42 .515
WAKE FOREST
.51 .55
WENDELL
.49 .54
ZEBULON
.51 .55
To read more about this, please visit the following link:
http://www.wakegov.com/NR/rdonlyres/AC8EA9E6-C572-4C65-8B15-8AC9CAB2D1B0/0/TaxRates2008.pdf
If you are looking to buy or sell in the Raleigh, NC and surround areas, please give me a call.
Brian D. Wray
Wray Realty
919-880-4188
Well, there is good news. It has finally snowed in Raleigh, NC and the surround areas. After 8 years of no real snow and only ice storms, we finally get a nice 6" dumping of fluffy white snow. The last time was in 2000 when we got 20"+ overnight. This was a mess, but now it is only 6" and it is Great!! You can still get around and play in.
Welcome to Raleigh, NC - Four Full Seasons - Gotta Love It!!
Below are some pics in a slid show we took while playing in the snow.
Brian Wray
919-880-4188
Calling All Sellers: This ain't the Stock Market (Sell High and Buy Low). No this is the Housing Market. Stop Making the Compairisons. In the Housing Market you typically have two options (Forclosures and Distress Sales excluded).
1) SELL HIGH, then you have to BUY HIGH. If you are in a market that is taking off and hot, Then you are in a Sellers Market. If you go to sell your home, you will SELL HIGH. Likely if you are selling then you are going to Buy. If you are Buying in a Hot Market you are going to BUY HIGH!!
Example" Sell your $200K home at a 10% premium ($220K) then you just made $20K on the Sell of your home, but then you have to buy that $300K home at a 10% premium ($330K) so you paid $30K over the market Value. Looks Like you just Lost $10K...Again we are programmed to SELL HIGH and BUY HIGH.
2) SELL LOW, then you get to BUY LOW. If you are in a market that is slow and average time on market 
in 8-12 months or longer, then you are in a Buyers Market. So if you are going to Sell you home in a Buyers market, you will SELL LOW, but you also get to BUY LOW. There are bargains out there to be had, but you just have to be willing to take a hit on your side (SELL LOW) to make it up on the buy side (BUY LOW). Here is the Issue with too many sellers right now, they all still want to SELL HIGH and BUY LOW. This is just not the market we are in right now. We have to recognize this.
Example: Sell your $200K Home at 10% off ($180) and you loose $20K. But you get to Buy that $300K home at 10% off and you just saved $30K. Looks like you are now $10K to the Positive. How great is this. Time to make up mind and get out of your home and move on.
Have a Great New Year!! Here is to a Prosperous and Healthy 2009!!
If you are interested in selling or buying the Triangle NC market (Raleigh, Cary, Apex, Holly Springs, Fuquay Varina, Wake Forest, etc) please give me a call. Check out our website www.Triangle-NC.com to see out unique Buyers Cash Back Program.
Brian Wray
Wray Realty
919-880-4188
We all know the market is tough, so I just wanted to share with potential sellers and buyers what is happening in the Harnett County, NC markets at this time of year. 2009 will be a much better year for everyone!! Happy Buying and Happy Selling in 2009.
|
Harnett COUNTY |
1/1/2008 - 12/31/2008 |
|
|
|
Closed Transactions in Past |
12 Months |
6 Months |
3 Months |
|
EnterTransactions Closed Here>>> |
757 |
337 |
155 |
|
Average Homes Sold Per Month |
63.1 |
56.2 |
51.7 |
|
Current Active on MLS>>> |
815 |
815 |
815 |
|
Months Supply on Market |
12.9 |
14.5 |
15.8 |
If you are looking to Sell or Buy in the Raleigh, Cary, Apex, Fuquay Varina, Holly Springs, and Surround areas, please give me a call. Check out our website to see all of our Unique Seller and Buyer Programs. www.Triangle-NC.com
Brian Wray
Wray Realty
919-880-4188
Full Service 3.4% Total Commissions Company. You Save THOU$AND$. We also have a Free Buyers Representation and Buyers Cash Back Program. Get up to 1% of the Sales Price Back. Save $$$ and Get $$$!
Our Business Philosophy
We believe in the principle of,
"Do unto others, as you would have them do unto you."
This is the driving force behind our company. We strive to meet your needs and provide the highest quality services possible.
Company Mission Statement:
To be the best real estate company in the USA!!
How Are we going to Do this?
1) Provide the Highest Level of Service to our Clients.
2) Provide the Best True Full Service Commission Rate in the Industry.
3) Look after our Clients before and After the Sale.
4) Provide Great Responsive Service to our fellow Realtors.
About the Founder:
Brian D. Wray Chief Executive Officer and President
Brian Wray is CEO of the Company, and below is a little bio about Brian:
Brian has lived in the Triangle Area for more than 32 years. Brian was Born in Raleigh, NC and has lived in Raleigh, Garner, Apex, and now Fuquay Varina. Brian has a Wonderful Wife, Kirsten, and a Beautiful little lady, Isabella (Bella). Brian is a Born Again Christian and attends Church at Church Alilve (http://www.chruchaliveag.org/).
Brian was taught at a young age by his parents (Roger Wray and Jean Ann Wray) in order to succeed in Life and Anythng at all, you must work hard, smart, and efficiently, BUT most of all, you must take care of the people around you.
Brian has his degree in Industrial Technology from East Carolina University with a Concentration in Architecture and Mechanical Design. He also has a minor is Business Administration and Construction Management. Prior to Starting Wray Enterprises, Inc in January 2004, Brian spent Nine years as a Consultant and Engineer in the High tech industry to many multi-million and multi billion dollar companies (Sprint, Cisco Systems, 4 Front Systems, and Spanlink) where he lead teams in Techincal Supprt and Sales for IP Telephony and IP Contact Center Software.
Brian always had a passion for Real Estate and Homes in general. His Passon started early in life when he found out in Middle School that he loved designing homes. Brian Finally came back around to the Home Industry in late 2003 when he decided to walk-away from the high-tech industry and enter the Real Estate industry.
Brian Started Wray Enterprises, Inc. as a company that would look after its client and customer. He founded it by looking at the Real Estate Sales industry through the consumers eyes instead of the eyes of the company. This is where the idea of 3.4% Total Commissions and his innovative Buyers Cash Back Program was developed. He thought there should be a company out there to challenge the traditional companies and actually look after the client first. Brian has received Certifications as an Accredited Sellers Representitive, and Accredited Buyers Representitive, a Senior Real Estate Specialist, and a Luxury Broker.
Brian's personal philosophy is "You can do anything you want in Life with the Right Guidance and Spiritual Leadership."
Brian has built and will continue to build this comapny on a Strong Christian foundation. Brian believes if you take care of people and treat them with respect, care and love, then Good Things will come to you. This personal philosophy has been titled the "Power of Nice", one of Brian's Favorite books. Brian's Main Company Focus will be on Developing and Cultivating Client Relationships. This will include taking care of our clients needs, and being there when they need him the most. To contact Brian, please email Brian at bwray@wrayenterprises.com or call at 919-880-4188.
We love the opportunity to work with anyone in the Residential Real Estate world, however, I have a real Passion for First time Home Buyers and First time Home Sellers. With our Certifications as an Accredited Sellers Rep and an Accredited Buyers Rep, we have been trained and educated in both sides of the transaction. We know how to change and adapt quickly to any situation. We are also a Senior Real Estate Specialist. This means we have been trained to work with the Senior population in the US and have the ability to recognize what clients needs are. We want to be a source of education and advice along the way to make your experience smooth and effortless.
Our Innovative programs such as the 3.4% Full Service Total Commission program is unique and the best of its kind. This is a total commission, as we pay the buyerr broker from our Total 3.4% Commissions. We have a Do-it-Yourself Program that starts at $299. The Service you will get is truely unparalleled.
Our Favorite program is the buyers cash back program. Why is this our favorite???? Becasue we get to give a Free Service, Get paid for it, and give some of what we make, back to you!!! Here is how it works. We get paid by the sellers as buyers agent with a commission, so you do not pay us anything at all!! What we do get paid, we give part of back to you. This amout can be from $250 - $10,000+.
As part of this Buyers Cash Back program we have implemented a unique Public Appreciation Program for the following: Pastors, Military (Active or Discharged), Teachers, Firemen, Police, EMT, and Nurses. This program give these professions grattiude for what they do for us each day. We will give these professions 1% of the purchase price back to the buyer. This is a ton of money. $2000 back on a $200,000 Home!!
Our next policy that is unique in the industry is a our "No Obiligation" Policy!! That is right. If you are not totally happy and ellated from your experience with us, you can Fire us with no obligation. Call us for Details on this policy.
We have and still hold many certifications. This is so we can continue to be educated and help our clients.
Some of these Certs are: ABR, ASR, SRES, #1 Expert, Luxury Broker, Community Specialist, Value Added Realtor, and many more.
We have won awards from Active Rain as a Freatured Blogger and Realtor.com with an Award for Excellence in Online Marketing.
I also own a Building Company, and have held licenses as a Loan Officer, and passed the exam for Health and Life Insurances. These all relate to the real estate industry directly and I want to be able to answer each and every question for my client.
Call us today!! We are the company that everyone has been waiting and wishing for.
Visit our website to find out more: www.Triangle-NC.com or call me at 919-880-4188.
Have a wonderful and Blessed Day!!
You can View the Entrire List at http://www.triangle-nc.com/quotes.asp. Take a look and if you have been a past client, you can also submit a testimonial as well. We welcome all our client to share their experience with us, so we can share with others and make continual improvments every day!!
"...they impressed me by being professional..."
"Wray Realty is less expensive than the other major realtors and do a better job."
Charles & Stephanie Bailey, Garner, NC.
Read Complete Quote >
"AWESOME..."
"He Made Things So Easy..."
Billy and Monica Dudley, Fuquay Varina, NC
Read Complete Quote >
"Brian's expertise..."
"Excellent job in selling our home..."
Chris and Heather Ray - Wendell to Raleigh, NC
Read Complete Quote >
"Extra Mile..."
"It wasn't just the 3.4%..."
Damon & Chelsea Beaty - Wake Forest/Garner, NC
Read Complete Quote >
"He Fought for Us..."
"Brian Fought for our Rights as Buyers.."
Dudley - Fuquay Varina - Buyers
Read Complete Quote >
"He Protected...us"
"Protected, Watched Over, and Guided..."
Bob and Lucia Palmieri - Fuquay Varina, NC
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"HUGE Thanks.."
"Smooth, Easy and Stress Free..."
Vinca Bullock - Cary, NC
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"Like Family"
"Wray Realty treats its clients like family..."
Jeff & Nicole Peeler - Holly Springs/Raleigh, NC
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"Sold Quickly and Easily"
"Brian Sold our Home in 8 days."
Donn Shoultz - Sunset Ridge - Holly Springs
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"Sold the Entire Subdivision"
"Thanks for Selling All 10 Lots Quickly"
Johnny and Diane Smith - Weslyn Springs - FV
Read Complete Quote >
"We were Skeptical..."
"However, Brian went well beyond our expectations..."
Derrick & Charity Pate - Clayton/Wilson Mills, NC
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Happy Seller!!!
"Brian Wray has been wonderful and is very skilled."
D. Castillo; Wendell, NC
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We serve clients all over the Triangle area. We specialize in the counties of Wake, Durham Johnston (Clayton), and Harnett. We service clients in Raleigh, Cary, Apex, Fuquay Varina, Holly Springs, Garner, Wake Forest, Knightdale, Morrisville, North Raleigh, Zebulon, Wendell, and Durham. We even venture into Frankiling and Granville counties a little ways as well. We can serve our clients well throughout the area with agent experts in each of these areas.
Our Clients are our bread and butter. With out you, we would not exisit. Thanks for taking the time to check up on us and see if we really do what we say we are going to do. I hope you will give us a try like the others above, and many, many others have done as well.
We look forward to serving you!!
Thanks. Brian Wray
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