Today, it seems that there are more issues than ever that are arising that can cause a real estate transaction to melt down just before closing. For buyers, most mortgage companies have now started running the buyer's credit just prior to close to look for additional purchases and some … Continue reading...
SELLING YOUR FIRST PLACE? Then HGTV is looking for you!
MY FIRST SALE, the popular primetime HGTV show, is looking for first-time home sellers (and their real estate agents!) in the Charlotte NC area.We are looking for fun, high-energy people who are just starting the process of selling their first place! Our cameras will be there to capture all … Continue reading...
Government to forgive billions in principal for those who can pay their mortgage payments
A couple of days ago, I posted about a program headed to North Carolina through the North Carolina Housing Finance Agency, to help make mortgage payments to struggling homeowners facing foreclosure. Well, the good news is that you no longer have to be out of work or have a hardship to get the … Continue reading...
Support H.R.600: FHA Seller-Financed Down Payment Reform
At the start of the whole "mortgage meltdown", Congress and the government reacted with all the deft of a bull in a china shop by eliminating programs like FHA Seller-Financed Down payment Assistance. Prior to 2008, FHA borrowers could ask the seller to pay 3% towards closing costs … Continue reading...
Why NOW is the Time for You to Buy a Home in Charlotte
If you have been a reader of my blog for some time, one thing you will find missing is a prediction as to what the future holds. Quite frankly, I haven't a clue what the future is for Charlotte real estate - no one does. The people that say that we will be through this in another … Continue reading...
Construction on the Last Leg of I-485 to Start. What neighborhoods will be affected?
Governor Bev Perdue is in town today to announce that work is to start soon on the last five miles of I-485. … Continue reading...