Eleanor's RTP Blog

Mortgage and Lending - Equity Resources - NMLS 67179 Licensed in NC
Covering housing and economic trends of all points surrounding the RTP / RDU (Research Triangle Park), including the major markets of Cary, Holly Springs, Raleigh, Wake Forest, Chapel Hill, Durham and Johnston County.



I've done several MeMe's - but the one Linda asked me to do is the EASIEST (and the best since I told Jim Tobin I loved the book and wanted to share info about it!)!! Okay - so the rules of the MeMe are to grab the CLOSEST book to you, turn to page 56 and write what's on the 5th line.  You are no...
Those of us in the mortgage business have been watching mortgage interest rates with one eye on our list of past customers, hoping rates will finally mirror the lowering bond market.  The Emergency Economic Stabilization Act (more commonly known as the Wall Street Bailout Plan) was passed under t...
Steve and I recently met the owners of most of the shops at Stone Creek Village, and we were excited about the event they are having this weekend!  (Well, I'm excited about the pre-Holiday Shopping, Steve is more into the Holiday "Cheer" and the Band!)!  If you have time on Saturday night - bring...
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 what I do.  Then I s...
Here's a map from USDA showing where you can have a 100% loan, and where you can't use USDA financing.  The shaded area in the top right portion of the map does NOT qualify... the rest of it definately does! This is great news for folks who are looking for homes with NO PMI, and rates that are ve...
208 Chieftain Drive Holly Springs, NC 27540 Beautiful Craftsman style home Home Complete Details Photo Gallery Property Map Financing Request Showing Contact Me Jeanne Hendren's TeamSOLD Office:919-249-4500 Mobile:919-274-1167 Website:Visit Website Price : $295,000 Bedrooms : 4 Bathrooms : 2.5 S...
EDIT!  These loan limits CHANGED AGAIN on 2/24/2009.  FHA limits as of THAT date in Wake County are now back to $295,000 According to the calculations done by HUD, and released in their recent Mortgagee Letter, the maximum FHA loan limits in Wake County will be $271,050 effective January 1, 2009....
Maybe you heard that Uncle Sam, who has been giving money out to just about EVERYBODY lately, has a check waiting for you... if you buy a house before next summer! What is it?  How does it work? This is a tax credit and not tax deduction.  It is a true dollar for dollar reduction on taxes owed. T...
With the jobs numbers coming out today (highlighting the fact that many people have lost their jobs in the last quarter), I thought it was a good idea to remind folks that WE HAVE JOBS in the Triangle!  I think it's one of the reasons we are considered one of the countries top "Recession Proof" ...
THIS IS AN UPDATED POST... See $100 Downpayment Change!!! There are tons of people who know that we are at or near the bottom of the real estate market, and they are ready to purchase a home.  Many of the folks we are talking to are looking at foreclosed property, because they believe they can g...

Eleanor Thorne

Equity Resources 919-649-5058
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