wake county: FHA Loan Limits Change in NC 2/24/2009 - 02/26/09 08:36 AM
FHA increased the loan limits in 2008, and then lowered them January 1, 2009 and THEN raised them back UP on February 24, 2009! WOW!
So, if you are considering a purchase in NC, you might want to check out the NEW FHA Loan Limit for the County you are interested … (6 comments)
wake county: FHA Loan Limits Wake County 2009 - 01/05/09 02:58 PM
If you are trying to sell a $300,000 home in Wake County, NC - you just lost the opportunity to sell to hundreds of buyers.
The FHA loan limit in Wake County changed January 1, 2009 from $295,000 to $271,050... then it changed BACK to the $295,000 level 2 months later! … (8 comments)
wake county: Fran's Story - Another ActiveRain Success! - 01/05/09 11:07 AM
My tweets for the last few weeks read:
"Still Working on 203K loan..."
Well, it's closed, and I want to share the story behind those brief, cryptic tweets:
Here's Fran's Story:
In October, I received a call from a woman working at a local diner. She moved to North Carolina in July … (1 comments)
wake county: FREE Birthday Treats in RTP! - 01/05/09 10:07 AM
CAN YOU BELIEVE THIS? I had no idea places like this gave away free stuff! I think it's an great TWEET! (and treat!)
Via Stanton Homes - Penny Hull: Raleigh Area Custom Home Builder (Stanton Homes Inc - Raleigh Custom Homes): Raleigh Relocation Package
Free Birthday Treats for Adults and … (5 comments)
wake county: How Mortgage Rates Work Now - 12/22/08 01:21 PM
In the "old days" (before the government had to get involved in lending), rates, and yield spread worked just like a ruler. A rate of 5%, might be "even" - meaning the broker charged a 1% origination fee (which they share with their company), and that was what they earned. A … (7 comments)
wake county: The Different Kinds of Mortgage Insurance - 12/01/08 04:03 PM
Most folks want to avoid PMI... but they don't realize that they are happily paying a "kind" of mortgage insurance no matter what kind of loan they are getting!
Mortgage Insurance is not the insurance that covers you if you die, or are disabled and can not pay the mortgage... it's … (4 comments)
wake county: Change in Business Plans - Take out Fear of Financing (ASAP!) - 11/12/08 09:11 AM
This is one of those NO BRAINER wake up calls we all need. I just finished Accountability Coaching - and they reminded me that I need 12 to 20 Exposures every day... not to my real estate partners, but to the PUBLIC. Writing notes, sending personal emails - reminding folks … (10 comments)
wake county: FHA Mortgage Program is AWFUL! - 10/20/08 03:11 PM
Use to be, I could get all the business I wanted just concentrating on my referral partners in Cary. With business such as it is, I now find myself heading further out to hook up with borrowers and referral partners. I've been listening to CNBC as the market works it's way … (17 comments)
wake county: USDA Home Loans Durham County, NC - 10/14/08 12:09 PM
We've had several people interested in obtaining a USDA home loan for property in Durham County. I've put together a couple of maps that should help in identifying areas that qualify for this program. As you might know - it's one of the last TRUE 100% home loans available - and it … (4 comments)
wake county: What Costs Do Sellers Pay on VA Loans??? - 10/14/08 08:06 AM
VA mortgage loans are one of the greatest benefit a soldier has. They offer 100% financing, with no mortgage insurance and fairly easy qualifying guidelines. For more information on qualifying for a VA home loan, please click here. Like most everything else the Government does, there are some "quirks" to the … (5 comments)
wake county: Bailout Part Deuce - 09/30/08 09:51 AM
I'm with most folks. I know that we probably need the Bailout - but I don't want it. The markets are going to be better today - because it's the end of the quarter and there are somethings that have to happen, and those events will cause a temporary improvement - … (4 comments)
wake county: Does Wake County Care if Fannie Belly Flops?? - 07/11/08 01:54 PM
Secretary Paulson and Bernanke followed each other speaking on Capitol Hill. In his prepared speech to the House Financial Services Committee, Sec. Paulson made these comments about Fannie Mae (FNMA) and Freddie Mac (FHLMC)... "Their regulator has made clear that they are adequately capitalized." Paulson said the two government sponsored enterprises are "working … (4 comments)
wake county: When The Option Is: Refinance or Sell - 05/28/08 05:19 PM
Gas is now over $4.00 a gallon, and the Raleigh SPCA just announced it's at capacity because people can no longer afford to pay for their pets. It's a sad time.
And it's no longer something that's just happening in California... or Ohio... or Florida. It's hitting home here in the … (6 comments)
Disclaimer: ActiveRain Corp. does not necessarily endorse the real estate agents, loan officers and brokers listed on this site. These real estate profiles, blogs and blog entries are provided here as a courtesy to our visitors to help them make an informed decision when buying or selling a house. ActiveRain Corp. takes no responsibility for the content in these profiles, that are written by the members of this community.
FHA increased the loan limits in 2008, and then lowered them January 1, 2009 and THEN raised them back UP on February 24, 2009! WOW!
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