Vivian Olkin Chapel Hill Realtor » Homes For Sale in Chapel Hill

Lease Option on this Chapel Hill Home?

CrazyViv — Tue, 15 Nov 2011 21:35:04 +0000

This end unit town home is an amazing opportunity for an investor, or someone who has been thinking they can’t buy a home. Priced at only $75,000, this property has the possibility of a lease option or an owner finance! This home was leased at $750 per month, and is in a prime location for a student or anyone who works at or near UNC.

It’s on the first floor, and is an end unit with lots of windows. Enjoy comfortable living in a convenient location. Walk to to University Mall, Community Center Park, Battle Branch Trail & the free Chapel Hill bus lines, giving you easy access to UNC.

The home has two bedrooms and one bath, and an eat-in kitchen that includes refrigerator, dishwasher & stove, plus a stacking washer and dryer. The carpet and paint have been recently updated.

This is the final unit left in the seller’s 10 Shepherd Lane Condos. It was rented through October 2010 at $750/month. Right now it is vacant & is easy to show – or move into.

These photos are from a similar unit. This one has more windows!

Pricing Your Home for Sale – Is YOUR Price Right?

CrazyViv — Thu, 24 Mar 2011 00:34:48 +0000

Of all the potential pitfalls of selling a home, pricing the house fairly is by far the most common one – and the one issue many clients are reluctant to discuss. Yet the right price can make the difference of selling now or much, much later.

What’s the best way to set a fair price? Savvy buyers have a comparable market analysis (CMA) conducted on the house (or houses) they are most interested in. As a seller, you should do the same so that you’re prepared to negotiate. A good realtor can walk you through this step. Another strategy is to know your competition – is there an open house that’s sounds similar to yours in the MLS? Check it out! Is that seller asking more or less than you? After visiting, you may discover that the other guy’s floor plan doesn’t compare favorably to yours. Or that family has incredible storage space that may be a huge draw for many clients.

What if I go too low? Talk to your real estate agent, but in many cases, a price that’s a little lower than your competition can be a terrific strategy. More than once, I’ve seen such a situation generate a bidding contest that brought the price up above the original asking price. It’s fun to watch.

If the price is fair, shouldn’t I expect to get the asking price? The answer to that one is: it depends. In today’s market, many buyers are quick to make an offer that’s lower than what you’re asking. Don’t be intimidated by a back and forth discussion, and take your time to consider your options. If you notice “For Sale” signs around town with “Price Reduced” toppers on them, you may be in the middle of a rapidly declining market, and prices may need to be reset. I can help you decide on your best plan in the current situation.

So – is the price right on your home for sale? In Chapel Hill or Durham, I can help you find out. Give me a call today!

4/10 April Events in Chapel Hill – Today We’re…

CrazyViv — Sat, 10 Apr 2010 02:37:17 +0000

Going, going, GONE to an Auction

Actually, despite the title, today you don’t actually have to GO anywhere. Each year, Chapel Hill’s own Playmakers Repertory Company holds an online benefit auction. This year’s offerings are just as fun as before. Where else can you have a chance to buy a trip to London, an American Girl doll, Rusty Sieck Stoneware Pottery, or a necklace designed by North Carolina designer Laura Zimmerman – all without leaving your house!

All proceeds go to support PlayMakers artistic, outreach, and educational programs.

Today’s the last day for this April Event in Chapel Hill. Get in on the fun!

Happy April!

Crazy Viv

PS Just added …. Four Tickets to a performance by Yo-Yo Ma and the Silk Road Ensemble at Memorial Hall. Oh, my.