This week, I wanted to talk about Fixer Uppers. I show a lot of distressed homes, and many that are not distressed, that need work. Some may be just cosmetic and some may be structural. What does it matter? For investors that are buying homes to flip or to rent, it does not really matter …
Category Archives: Mortgage and Finance Information
Finance Options Available
Financing Options available
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 availablity as before, but lenders are lending money and if you know where to look, you …
Fannie Mae offering 3.5% in closing costs to buyers until end of June 2011
Many of the distressed homes you will find on my weekly distressed property list are Fannie Mae Distressed Properties. That means that Fannie Mae guaranteed the loan originally, the home foreclosed and now they are selling it. Many of the Fannie Mae properties qualify for the Home Path Finance program and offer special incentives for …
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 …
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 …
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 …
FORECLOSURE PREVENTION RESOURCES FOR NORTH CAROLINA HOMEOWNERS
Provided by: Sonya Leonard, Exit Home Team Realty, Statesville, NC.
www.SonyaLeonardHomes.com
Call 704-450-0588 with any questions on Foreclosure prevention.
National Consumer Law Center-Basic information for consumers on the most critical consumer issues, including predatory lending, debt collection, credit reports, lemon laws, bankruptcy, foreclosure, payday loans, predatory mortgage loans, credit card debt, living trust scams, telemarketing fraud, refinancing, loss …
Statesville North Carolina presents Foreclosure Prevention Expo
On April 7th, in recognition of Fair Housing Month , several Statesville NC area housing organizations and other local businesses gathered at the Statesville Civic Center to offer information to the public on foreclosure prevention.
Myths and Misconceptions of Credit Scoring – Part 3 of 3
MYTHS AND MISCONCEPTIONS OF CREDIT SCORING – PART 3 OF 3
Jamie Preidt, Branch Manager
www.AlliedMortgageCharlotte.com
In part 3 of of our credit scoring series, we will examine Credit Score Factors and credit scoring contacts. This credit scoring series is brought to you by Exit Home Team Realty of Statesville North Carolina and Allied Home Mortgage Capital …
Myths and Misconceptions of Credit Scoring – Part 2 of 3
MYTHS AND MISCONCEPTIONS OF CREDIT SCORING – PART 2 OF 3
Jamie Preidt, Branch Manager
In part 2 of of our credit scoring series, we will take a look at 8 more myths. This credit scoring series is brought to you by Exit Home Team Realty of Statesville North Carolina and Allied Home Mortgage Capital Corporation. …
