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mortgage loans cary: Earnest Money Deposits and the Real Estate Sales Contracts in NC - 01/16/11 09:05 AM
 
The new offer to purchase is a big change for 2011 in North Carolina.  It requires new dillegence from lenders... and if your lender is only doing refinances, they probably don't know about THEIR responsibilities.
We specialize in purchase transactions. If you are considering a purchase in Raleigh, NC or the Cary, NC market please call Steve and Eleanor Thorne about your mortgage needs 919-649-5058
 
Via Lee & Pamela St. Peter ~ (919) 645-2522 Raleigh NC, Realtors®, GRI,CRS,ABR,ePro (Prudential York Simpson Underwood Realty):
What’s new in Residential Real Estate in North Carolina?   A whole new revised offer to purchase … (3 comments)

mortgage loans cary: Did NC Dodge a Bullet? - 09/29/08 11:02 AM
Wachovia is the second largest employer in the LARGEST CITY in North Carolina.  So news that it is being sold to Citi is BIG NEWS here in the Tarheel State!
According to the Charlotte Observer:
"Wachovia will remain headquartered in Charlotte,
while Wachovia Securities will continue to be based in St. Louis.
Citigroup will base its retail bank in Charlotte and
its investment bank in New York."
Whew!  I was relieved... we do NOT need massive layoffs in our largest city right now!  But then I read down a little further, and there was this news:
"A sale to Citi likely … (6 comments)

mortgage loans cary: Why I think Rates Will Go UP! - 01/11/08 04:40 PM
So the Fed announced that they are thinkin' about maybe lowerin' their rate at the end of the month. That's nice.
Here's My Concern With It...  They are lowering rates because the housing market is still tanking in many areas of the country (not mine thank goodness!) and that means fewer taxes collected... it's a BIG DEAL, don't get me wrong.
But just because the Fed lowers by .75%... Do not get sucked into believing that mortgage interest rates will go below 5.5%! How soon we forget! FANNIE AND FREDDIE are starting to add their "special fees" to borrowers with less than 680 credit score!  … (8 comments)

 
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Eleanor Thorne 919-649-5057 Cary Mortgage Loans

Cary, NC

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Steve Thorne NC Mortgage Experts

Address: 111 Corning Road, Suite 230, Cary, NC, 27518

Office Phone: (919) 649-5058

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