Unlike Scotty however, most people although they have heard the term SHORT SALE they really don’t know what the term means so here is a very basic explanation that I tried out on Bella (my six year old daughter) and although it bored her to tears, even she understood it.

Some today experts are saying that only 1 out of 10 short sales reach successful conclusion. Yet others say that 1 out of every 4 close escrow. Regardless a 10% to 25% success ratio is pathetic no matter what your business is!

According to the Triangle Business Journal, employment in the financial sector has risen above 2001 levels in 21 states. North Carolina has had the 2nd largest increase! (behind Texas which holds the number one spot)   North Carolina now has 16,100 …

Moving to Raleigh – North Carolina has largest gain in financial jobs Read more »

Because of the recent loss of life and property devastation in Joplin, MO and in Oklahoma City and  Tornadoes I thought it would be appropriate to repost some of the most read article on this site this past month; What to consider before …

Tornadoes in Joplin and Oklahoma City Read more »

Heritage Wake Forest, one community in the Greater Raleigh’ area with most stable real estate  values;  but that’s only one reason to call Heritage home. Aside from the wonderful amenities, Heritage Wake Forest is a very unique neighborhood in that it …

Heritage; one of the area’s most stable communities in Wake Forest Read more »

Mortgage Rates Little Changed Weaker than expected economic data helped mortgage rates decline to the lowest levels of the year early in the week. On Wednesday, though, a reminder that the Fed will eventually sell its portfolio of mortgage-backed securities …

Mortgage Rates Little Changed Read more »

$1,000 CLOSING COST INCENTIVE: The Downtown Raleigh Alliance is offering a $1,000 closing costs incentive to the first three event attendees who purchase and close on a home in downtown (see below for specifications) between May 21, 2011 and December 31, 2011. Funding for the incentives made possible by corporate sponsorships.

Of course that’s the bad news and we knew that was coming  since shortly after the June 9, 2009 explosion killed three employees and a contractor. So lets focus on the good news that’s worth SHOUTING; Garner is receiving 250 …

ConAgra to shut Garner Slim Jim plant in Garner NC on Friday Read more »

Damage from April 16th Tornado in Raleigh

You’ve settled your claim with your home owners insurance agent and you have an insurance settlement check but it’s made out to you and your mortgage company; How do you cash it to pay for the repairs