5 Things to Consider before choosing a company to restore your home after a catastrophe: #1 – GET REFERENCES – The media has been very good to communicate this but the Better Business Bureau is only one option and most …
5 Tips for For Choosing a Contractor to restore your home after a disaster Read more »
Raleigh, NC – Headlines have done little to make real for most of us what devastation, loss of life and economic livelihoods have occurred because of these disasters. It is hard for me to recall a time in my adult life that so many …
Here is a very funny but sadly somewhat true account in some cases of what was and is now occurring in the mortgage industry. From the man who brought us Bankster v. Deadbeat Debate… Now he sends this… Greetings from …
FHA Buyer Financed Closing Costs Financing of Transaction Costs for Real Estate Owned Properties (REO) Purchased under Federal Housing Administrations $100 Down Sales Incentive Click for mortgagee letter/details Related articles Underwriting Tip – FHA Gift Funds (theraleighmortgageguy.com) Buyers Receive up to 3.5% …
Underwriting Tip – FHA Buyer Financed Closing Costs Read more »
if you are a first time home buyer shopping for a home in Raleigh say between $100,000 and $149,999 and in April found that your low ball offers weren’t being accepted, it’s because it ISN’T A BUYERS MARKET IN RALEIGH in that price range.
Due to the recent storms the Underwriters will be checking the disaster lists and requiring additional appraiser visual inspection and sign off if a subject property is in an affected area. Realtors and Buyers – make sure to check your …
According to the USDA Guaranteed Rural Housing Development Program and under the Section 502 program, Housing must be modest in size, design, and cost. Houses constructed, purchased, or rehabilitated must meet the voluntary national model building code adopted by …
To encourage the purchase of REO properties,Fannie Mae is introducing a closing cost incentive for home buyers for primary residence purchases with a closing date on or before June 30, 2011. This incentive reinforces Fannie Mae’s commitment to stabilizing communities …
Buyers Receive up to 3.5% Toward Closing Costs from Fannie Mae! Read more »
Celebrating life since 1979, Hospice of Wake County provides physical, emotional and spiritual care to those living with an advanced illness, their caregivers and those who have lost a loved one. Services include Hospice Care, Palliative Care, transitional Home Care, …
FHA – In addition to normal employment verification, a borrower employed by a family owned business is required to provide evidence that he/she is not an owner of the business, documentation may include: 1. Copies of signed …
Underwriting Tip – Borrowers Employed by Family Business Read more »