buyers nc homes for sale: Top 10 Blunders that could cost you when purchasing a home. - 10/11/09 11:45 AM
Blunder #1 - Trying to time the market to buy or refuse to buy.
There is no accurate prediction as to when it may be the right time to buy a home. If you have lender approval and are ready for home ownership, then do it. All the time waiting to time the market, you … (3 comments)
buyers nc homes for sale: Tax Credit Can Be Used for Down Payment - 05/14/09 07:16 AM
I just read this on realtor.org
Shaun Donovan, secretary of the U.S. Department of Housing and Urban Development, on Tuesday said that the Federal Housing Administration is going to permit its lenders to allow home buyers to use the $8,000 tax credit as a down payment.Previously, most buyers wouldn't receive the … (1 comments)
buyers nc homes for sale: First Time Home Buyers Tax Credit finally passed! - 02/14/09 08:02 AM
The House and Senate have passed the stimulus bill, now it is on its way to the President for his signature.
It is not $15,000 as first proposed, but scaled back to $8000 which is still wonderful!
First-time homebuyers who purchase this calendar year get an $8,000 tax credit which does … (1 comments)
buyers nc homes for sale: Buyers that worry about the monthly payment amount - 02/11/09 09:45 PM
Typical Scenario - The buyer and seller are negotiating, the seller is not coming down enough to make the buyer comfortable with the monthly payment amount, but the buyer really wants the house.
Here is something to think about..........for every $1000 of purchase price of the home, the monthly payment amount only … (1 comments)
buyers nc homes for sale: Home buyer activity is Increasing! - 02/07/09 09:44 AM
In the past 4 weeks, we have noticed a definite increase of buyer activity. This latest trend is a result to several factors...............
New Year
New President
Lowest Interest Rates
Buyers Market
Lower home values
$15,000 proposed tax credit to home buyers on the 2008 taxes!
No doubt, the best time … (0 comments)
buyers nc homes for sale: GREAT news for home buyers - $15,000 TAX CREDIT ON 2008 TAXES - 02/07/09 09:28 AM
The U.S. Senate on Wednesday unanimously approved an amendment to the economic stimulus bill that gives a $15,000 tax credit to anyone who buys a home in the next year.
This amendment would provide a direct tax credit to any homebuyer who buys any home. The amount of the tax credit would … (2 comments)
buyers nc homes for sale: Latest Mortgage Rate Quote - Buyers - time to take advantage! - 12/24/08 11:56 AM
One of our lenders just sent the latest mortgage rate quote. If you are fortunate to have 10% down and 740 credit score, the lender said the rate for 30yr conventional is 4.5% - 4.75%.
FHA 30yr is 5.25-5.5%
Brad and Angela Lawrence
Greensboro Real Estate
Toll Free: 866-220-6458Brad's Cell: 336-909-1293Angie's … (1 comments)
buyers nc homes for sale: Attention - All Buyers and Sellers in the whole Piedmont Triad area. - 12/04/08 07:07 PM
Just wanted to make it official and let everyone know that we have started our own new real estate company - North Carolina Homes Realty, Inc.
We have been serving buyers and sellers all over the Piedmont Triad area since 2001.
Quick history about us, we started a real estate company in … (0 comments)
buyers nc homes for sale: Proposal for Mortgage Rate as low as 2.99% ??? - 12/03/08 10:22 PM
Just read this tonight...........
Industry groups have been pressuring President-elect Barack Obama and lawmakers to lend a helping hand to the housing market. The National Association of Realtors has called for Treasury to buy mortgage-backed securities. Also, a coalition of industry groups have banded together under the "Fix Housing First" banner … (2 comments)
buyers nc homes for sale: The latest mortgage rates - buyers may want to act now! - 12/01/08 05:40 PM
I had several lenders email me today with the current mortgage rates. They varied from 4.88% to 5.50%
Here is one email that was sent to me with the rates........
Clients with good credit: 100% financing (no monthly mi) = as low as 5.5% fixed 30 years 97% government = as low … (0 comments)
buyers nc homes for sale: So you want buy a foreclosure? - here are general things to be aware of. - 11/23/08 11:50 AM
Here is General Information about investment properties (foreclosures, REO, bank-owned, HUD, etc) and what is usually involved (but not always the case) in making an offer on these type of investment properties.
AS-IS - These type of properties are sold “as-is” and the seller will not make any repairs. They are … (0 comments)
buyers nc homes for sale: Buyers - there may be still a chance for 100% Financing - 11/22/08 07:37 PM
With the banks tightening mortgage loan conditions, they are requiring at least 3% down depending on credit score.
But, if you happen to be a veteran, VA loans are available at 100% financing.
Also, depending where the home is located and your income, an USDA loan may be the answer.
And, if … (1 comments)
buyers nc homes for sale: This lender is offering 1/2 origination cost - save $$$ in closing cost!!! - 11/17/08 01:11 PM
We just got an email today that this Piedmont Triad local lender is offering 1/2 origination cost on mortgage loans.
No discount fee on all new loans between now 11/17/08 and Christmas! Please feel free to call Christy Roels at Wachovia 33-726-0966 at the office or my cell 336-776-8348. Her email is christy.roels@wachovia.com
Below … (0 comments)
buyers nc homes for sale: Great news for Firefighters/EMTs/Law Enforcement Officers/Teachers - buy homes at 50% discount! - 11/17/08 08:08 AM
Great news for Firefighters/EMTs/Law Enforcement Officers/Teachers
They may be eligible to purchase HUD homes at 50% discount. It is called the Good Neighbor Next Door Program.
Buy a home through HUD's Good Neighbor Next Door initiative designed to encourage renewal of revitalization areas by providing law enforcement officers, firefighters, emergency … (5 comments)
buyers nc homes for sale: Shopping for a mortgage loan - Good rate vs lower closing cost - 11/15/08 09:52 PM
Buyers - when shopping for a loan, try to figure out how long you think you will be in the home. I know there is control what will happen these days, but try to be realistic.
This is why.......Rule of thumb............
If you plan to be in the home 6+ years, … (0 comments)
buyers nc homes for sale: For the Buyers - don't buy anything before you purchase your home! - 11/14/08 09:22 PM
It is common sense and I know we all realize this, but I wanted to reiterate the fact .........
Don’t go out and make any new purchases, a car or furniture, TV etc. Also, do not open any new credit accounts (of any kind). Especially, after you have a pre-approval and … (5 comments)
buyers nc homes for sale: REMINDER to ALL - contact your states Senators and Congressperson - 11/13/08 07:26 AM
Congress may soon consider a new economic stimulus bill. Housing has always lifted our economy out of past economic downturns so it is imperative that Congress focus on housing in the next stimulus package.
We need ALL to support NAR's efforts to have the NAR Four-Point Housing Stimulus Plan included … (2 comments)
buyers nc homes for sale: Boost the Economy - This is what the National Assoc of Realtors is proposing to congress - 11/05/08 07:24 AM
Housing has always lifted the economy out of downturns, the following is proposed by the National Association of Realtors to help the economy to come alive again.
1. First-Time Home Buyer Tax Credit
Remove the requirement that first-time home buyers repay the $7,500 tax credit, and expand the tax credit to … (1 comments)
General real estate, regional news and events about the Piedmont Triad North Carolina which includes Greensboro, Winston Salem, High Point, Kernersville, High Rock Lake, Oak Ridge, Summerfield, Clemmons, Advance, King, Jamestown, Mocksville, Asheboro, Lexington, Archdale, Trinity and all surrounding towns. Offering tips and advice to buyers, sellers, general consumers and other activerain members. Low Commission Full Service for sellers and also $199 and $399 MLS Flat Fee Listing Plans for FSBO sellers.
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Blunder #1 - Trying to time the market to buy or refuse to buy.
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