This week I wanted to talk a little about how to find a home in today’s market. It is not as easy as some think. The perception is there is a TON of inventory out there and the prices have been dropping for the last few years so I should be able to find the …
Category Archives: Mooresville Buyer Information
Buying a home is not as easy as you think
USDA has plenty of funds this year to help home buyers in Iredell County
I remember this time last year we were in a panic because the USDA had run out of funds for USDA 100% financing and some of my buyers had to find alternative loans or put their home search on hold. This is one of the few 100% finance programs still available in our area …
Buy a HUD home for just $100 down in Statesville NC and Iredell County.
Below is an article from my weekly e-blast sent out the buyers looking for homes in the Statesville NC area. If you would like to be added to the list to receive weekly distressed listings in Statesville, Iredell County, Troutman and Mooresville, please feel free to sign up and I will add you to …
Negotiating the deal! What to know BEFORE you place an offer.
This article is an excerpt from my weekly buyer blast that I send every Friday. I have been experimenting with other days of the week but you will receive it at least once per week. I send out a List of area Foreclosed and Distressed Properties in the Statesville, Mooresville, Troutman areas of Iredell …
A few things to consider before purchasing a distressed property
I have been working with lots of buyers of foreclosed or distressed homes lately and wanted to give you some hints on how to make this type of purchase a little easier.
First, let’s talk about Short Sale Properties: A short sale is a home that is listed by a real estate firm for less …
First time home buyer in Statesville NC? Here’s a quick summary of the process.
Spring is just around the corner and the weather is warming up in the Statesville NC area! What a great time to print out a list of homes you like and take a drive by them to see what they really look like and if you like the area surroundings.
I have had lots of calls …
How to Purchase a HUD home in North Carolina
How to Purchase a HUD home
In recent months, there was a huge backlog of HUD homes that were held up for closing in NC and changes were made to try and streamline the entire process. There are now three main asset management companies that handle HUD homes in NC and they in turn designate local …
Using your IRA to invest in Real Estate
Ever thought of using your IRA to buy investment properties?
One stumbling block that many of the leads and inquiries I receive is the lack of finance options for investment property. Many of these deals are cash buyers but investors often seek out finance programs to purchase one of the “great deals” out there on today’s …
Why do Lender’s counter an offer for more than the current list price?
I was recently asked the same question by two of my clients here in Statesville NC, that concerned short sales and foreclosures and I thought I would share with you the answer as it may be helpful during your home search.
QUESTION: Why do lenders counter an offer higher than the current list price on distressed …
Available Financing Programs for Home Purchases in Statesville NC
Finance Programs for Today’s buyers in Statesville NC
There are many financing programs available today for 1st time Homebuyers will little money down, investors or those just thinking of upsizing or downsizing. Yes, the underwriting guidelines have become stricter and there is not as much availability as before, but lenders are lending money and if you …
