Mortgage Pre-Approval More Important Than Ever

November 23, 2009
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To say that things have changed in the mortgage business would be a huge understatement.  Qualifying is more challenging, down payment requirements have changed, and sources of income that once were allowed now are not.  The rules have changed and it seems new guidelines continue to be put in place almost every month.
Because of new [...]

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Remodel Opportunity Inside The Beltline Raleigh

November 18, 2009
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One of the things I hear from lots of clients is that today’s homes just don’t have the character they are looking for.  If character is what you want, you might want to consider purchasing an older home in one of Raleigh’s more established neighborhoods.
One of the best spots in Raleigh for this is known [...]

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Senate Ponders Extending Home Buyer Tax Credit

October 30, 2009
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The Wall Street Journal is reporting that the US Senate has reached a compromise on a revamped version of the First Time Home Buyers Tax Credit.  This version, if passed, would extend and expand the current tax credit.
The proposed version would keep the current $8,000 tax credit for first time home buyers while raising income [...]

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How Important Is The First Time Buyer Tax Credit?

October 16, 2009

There has been much talk about the $8,000 first time home buyer tax credit. Many, including my own trade organization (NAR), say or at least infer that the tax credit has given the real estate industry closings that may not have occurred otherwise.  But, is this really true?
There has definitely been a shift towards more [...]

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Wake County Real Estate Appreciation Over Last 10 Years

September 25, 2009
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This chart shows a real clear picture of what’s been going on with residential real estate prices over the last 10 years. The numbers from 2006 forward are particularly interesting.
As I help great clients buy and sell homes, I hear lots of buzz in the marketplace about how much homes prices have fallen recently.  I’ve [...]

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November Will Be A Very Busy Month For Closings

September 24, 2009
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Are you one of the lucky folks who will be taking advantage of the $8,000 tax credit for first time home buyers? Awesome! Just make sure you don’t cut it too close to the November 30th deadline.
October closings are already beginning to stack up and if predictions hold true, November could be one of [...]

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2 Car Garage Townhome For Sale In Wake Forest

August 31, 2009
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Great 3 bedroom, 2.5 bath townhome with a 2 car garage for under $145,000! Not bad, huh? This home was built in 2006 and is in move in condition.
The living room has a vaulted ceiling and features a gas log fireplace. The kitchen is large and has maple cabinets, a stainless steel [...]

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Short Sale at 3800 Hamlin Court in North Raleigh

August 2, 2009
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This is the deal of the century! The owners paid $305,000 about eighteen months ago and this lovely home is now listed for $240,000!
This home is a short sale so the bank will need to agree to take less that what is owed.  You could benefit from the bank’s need to get this [...]

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Pay Off Debt First Or Buy A Home Now?

July 30, 2009
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The decision to buy a home is a really big one. You want to get this right. Should you pay off debt first, or go ahead and buy a home now? Paying off debt is always a good idea and needs to be carefully weighed against the benefits of buying a home now.

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First Time Home Buyer Seminar Coming Soon

July 27, 2009

An exciting seminar for First Time Home Buyers is being planned for the Raleigh, NC area. Come find out how to take advantage of low home prices, low mortgage rates, and an $8,000 tax credit.

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