FHLB Grant for NC 1st Time Homebuyers Down Payment Assistance - 01/29/11 12:11 AM
Many people haven't heard of the FHLB (Federal Home Loan Bank) grant program for 1st time home buyers in North Carolina, so I thought I'd share information about this great program.  Similar programs may be available in other states.
This program is only available through member banks of the Federal Home Loan Bank (FHLB) system.  The only participating NC banks that I am aware of are RBC Bank and Monarch Mortgage.  As of today, both of these lenders have their 2011 funding for this program.  I know loan officers with both of these lenders, so let me know if you need a good loan officer to … (4 comments)

New "Due Diligence" NC Offer to Purchase & Contract- Effective as of 1/1/2011 - 01/28/11 11:01 PM
Do you have questions about the new North Carolina "Due Diligence" Offer to Purchase and Contract? If so, you're not alone! The NC Association of Realtors made dramatic changes to the standard NC Offer to Purchase and Contract, which went into effect on January 1, 2011. New terms were added, such as a Due Diligence Fee paid by the buyer DIRECTLY TO THE SELLER, and a Due Diligence Period. Gone are the inpsection period and loan commitment period, both of these items now fall under the Due Diligence Period. This video, created by the NC Association of Realtors General Counsel, may … (4 comments)

Short Sale- Avoid Foreclosure - 01/06/11 02:17 PM
If you are having difficulties paying your mortgage and are considering walking away from your home, you owe it to yourself and your future to consider a short sale instead of letting the bank foreclose. 
Contact a Realtor who is a short sale specialist, to explain the process to you and get your home listed when you first start having trouble paying your mortgage.  Don't wait until months have gone by and the foreclosure sale is pending.
Check out the following video story of how one homeowner avoided foreclosure and sold their home as a short sale.

If you own … (2 comments)

 
Cheryl%202 Rainmaker_large

Cheryl Powell-ABR, SFR, Broker, Realtor- Remax-Charlotte & Concord NC Real Estate

Concord, NC

More about me…

RE/MAX Executive Realty - The Powell Team

Address: 7752 Gateway Lane, Suite 204, Concord, NC , 28027

Office Phone: (704) 979-7028

Cell Phone: (704) 363-8902

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I provide professional real estate services to Buyers and Sellers in Greater Charlotte NC, including Concord, Harrisburg, Kannapolis, Mooresville, North Charlotte, Salisbury & their surrounding areas. My specialties include: Resale Homes & New Construction - Relocation - 1st Time Buyer Programs - Investments - Foreclosures - Short Sales. I have the experience, knowledge and dedication that it takes to get the best results. Contact me anytime to discuss your real estate needs! ActiveRain Real Estate Social Network


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