September 2013 Raleigh Real Estate Favors Buyers or Sellers?
Who does Raleigh real estate market favor in June 2013 –buyer or seller? Media sound bites are normally national in scope. Here’s Raleigh, NC trends. What are media comments based on? In my...
View ArticleAvoid This FHA 203K Deal Killer
The Federal Housing Administration (FHA) 203k loan allows buyers to wrap repairs/upgrades into their mortgage. Make sure you avoid this FHA 203k deal killer. Actually, the 203k streamline program...
View ArticleVA and FHA Appraisals Differ From Normal Appraisals
People are attracted to VA and FHA loans since they’re designed to make it easier to purchase a home. The surprise comes when home is appraised. Why? How? I’ll deal with why this is true first. VA...
View ArticleIRS Tax Credit Helps First Time Home Buyers
Buying your first home? IRS tax credit helps first time home buyers and you may be eligible to save up to $2,000 a year every year. Here’s how it works. I’ve recently been approved by the North...
View ArticleThe Impact of Seller Contingencies on Home Sales
Some sellers insert a long ignored contingency clause in real estate contracts. What is the impact of seller contingencies on home sales? Whoa Kathy. Slow down. What’s a seller contingency? Why...
View ArticleCurrent Housing Market Trends August 2013
What is the condition of housing market today? Let’s peel back the headlines and look at the numbers including some of the less-reported figures S&P/Case-Shiller-Home Price Indices: Probably the...
View ArticleBuying Home: What You Should Offer in Raleigh – Aug 2013
You found a house you want to own, what’s next? A difficult decision faces aspiring home buyers. Nobody pays sticker price, but how do you know what to offer? In real estate negotiation is still...
View ArticleHome Sales Surge in Raleigh Triangle, but Whose Buying?
Agents, appraisers & loan officers like me smile again. Why? Market reports show home sales surge in Raleigh Triangle, but whose buying? Is this important? First let’s review the numbers....
View ArticleWill Rising Mortgage Interest Rates Hurt Real Estate Market?
I believe mortgage interest rates are on the rise. I’ll tell you why and answer this question “Will rising mortgage interest rates hurt real estate market?” Sure, in the short term no one knows which...
View ArticleFind a Good Credit Repair Company in Raleigh NC
Randal and Constance have an opportunity to buy a special house at a “personal price” from Randal’s uncle, but their FICO score is too low. What can they do? Randal’s uncle is moving from Raleigh to...
View ArticleWhy Lenders Reluctant Partners in Housing Rebound in Raleigh
Raleigh mortgage money remains tight. Excitement over rebound in housing market grows. So why do lenders refuse to play ball and loosen up the purse strings? Worn down by the recession, people want...
View ArticleIs Housing Market Back? September 2012 Report from Raleigh
The news media shouts that the housing market is back. How does news change things for you if you are buying or selling a home? The answer may surprise you. Let’s peel back the headlines and look at...
View ArticleWho Does Raleigh Real Estate Market Favor in September 2012?
Who does Raleigh real estate market favor in September 2012 –buyer or seller? Media sound bites are normally national in scope. Here’s Raleigh, NC. trend. What are media comments based on? In my...
View ArticleHome Inspection Nearly Kills Home Sale in Raleigh
They fell in love with this house. A deal was struck. They were overjoyed until they had the house inspected. Now they just wanted out. Here’s their story. Michael just turned one. His first...
View ArticleThe Invisible Hand – Its Impact on Real Estate in Raleigh
They met in Basel, Switzerland in February 1975. They continue to meet every 3-4 years. Will these unknown people impact real estate markets in your hometown? Let’s visit with local people in the...
View ArticleRaleigh Rent or Buy Calculator – The Truth This Time
The eternal question: Should you rent or buy? The internet calculators don’t consider this. The pundits don’t either. Why can’t they see the truth? The calculators were out. Others accessed online...
View ArticleAre Raleigh Home Prices Going Up or Down? View Market Trends
When you want to know if home prices are going up or down, does media information help? Not really. Data provided is national in scope. National real estate data does not reflect what’s happening in...
View Article3 Steps to Avoid Buying a Meth Lab House in Raleigh
Meth lab houses pose serious health risks, threat can last for years and cleanup can cost tens of thousands of dollars. Can you protect your family? There’s no practical method to guarantee protection...
View ArticleBuying Home: Asking Price – What Should You Offer?
You found a house you want to own, what’s next? A difficult decision faces aspiring home buyers. Nobody pays sticker price, but how do you know what to offer? In real estate negotiation is still...
View ArticleHow to Get a Mortgage when Your Income Is Not High Enough
Mary wants to raise her son in their own house. She wants to know how to get a mortgage when your income is not high enough.” What can she do? Many solve this dilemma by asking someone to move in...
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