team jodi bakst: Freddie Mac and Fannie Mae - 09/12/08 06:29 PM
I am sure you are hearing in the news about the Government stepping in to provide stability to Fannie Mae and Freddie Mac. I received the information below from Robbie Oakes, a lender with Corporate Investors in Chapel Hill. It is a great explanation of why this needed to happen.
I did (0 comments)
team jodi bakst: Jodi Bakst Earns Designation as Short Sale Expert - 09/05/08 03:17 PM
I have been a Real Estate Broker for 11 years. As are you, I am very concerned about the mortgage crisis not only for its affect on the real estate business but more importantly for its affect on homeowners. The more important thing to understand is that not only are those (5 comments)
team jodi bakst: The Mortgage Report - 09/03/08 06:40 PM
The Good News
According to the Federal Reserve, American homeowners saw their net housing equity-or the values of their property minus mortgage debt-grow from $6.2 trillion to $9.6 trillion from 2000 to 2007.
According to the National Association of Realtors, America is adding close to 1.5 million new households per year (0 comments)
team jodi bakst: New Tax Credit for First Time Home Buyers - 08/27/08 04:37 PM
Last week, the President signed historic legislation to spur growth in the housing sector. An important part of legislation is a tax credit for first time home buyers. Under the new law, beginning April 9, 2008 (yes this is retroactive!), first time home buyers to get up to a $7,500 tax (4 comments)
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From luxury homes to short sales and distressed property... if you are buying, selling, remodeling, or seeking information about Chapel Hill, Carrboro, Hillsborough, Pittsboro, Durham, Orange, Durham or Chatham Counties as well as Raleigh, Cary and Apex, you have come to the right place. Jodi Bakst and her Team of Real estate specialists provide seamless customer service for our buyer and seller clients throughout their relocation or move.