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Robby Oakes Mortgage Team
A North Carolina Mortgage Originator Committed
to Service and Transparency

Serving Chapel Hill, Durham, Raleigh, Greensboro, Wilmington, Charlotte, Morehead City and all of North Carolina.

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What’s Ahead For Mortgage Rates This Week – July 29th, 2019

July 29, 2019 by Robby Oakes

Last week’s economic reports included readings on sales of new and pre-owned homes and weekly reports on mortgage rates and first-time jobless claims.

Filed Under: Financial Reports Tagged With: Financial Reports, Interest Rates, Mortgage Rates

Innovative Home Security Technology

July 26, 2019 by Robby Oakes

For market value and the comfort of a home’s occupants, home security is just as important as energy-efficiency. Innovation in smart home technology focuses on both of these areas.

Filed Under: Real Estate Tagged With: Innovation, Real Estate, Technology

The Monopoly Technique – How To Build Value By Acquiring Adjacent Properties

July 25, 2019 by Robby Oakes

Have you ever played the classic board game called Monopoly? The object of the game is to collect all the properties until one winner bankrupts all the other players. The other part of the game is that accumulating properties adjacent to each other increases the value of the individual properties. When a player acquires all the properties of the same color (two or three), then the rents go up and property development can begin.

Filed Under: Real Estate Tagged With: Investment Property, Market Trends, Real Estate

What’s The Value Of Water?

July 24, 2019 by Robby Oakes

When investing in real estate, few people think about water as a high priority. All of us have become used to water being readily available and rarely give it a second thought. Most would think that water is only a consideration for farmers who need it to irrigate agriculture. However, due to climate change and population growth, the world is experiencing large impacted areas and major cities that are running out of water.

Filed Under: Real Estate Tagged With: Property Rights, Real Estate, Water Rights

What Is A 1031 Tax Exchange?

July 23, 2019 by Robby Oakes

A 1031 tax exchange is a legal way to defer paying capital gains when selling a property and then buying a “like-kind” property within the allowed period. The time limits allowed are 45 calendar days after the close of the sale of the first property to identify the like-kind property for acquisition and then close the purchase transaction to complete the 1031 exchange within 180 calendar days.

Filed Under: Real Estate Tagged With: Real Estate, Real Estate Investment, Tax Benefits

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Robby Oakes


Robby Oakes

CIMG Managing  Director
NMLS# 91606

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