Pro’s and Con’s of Log Homes
Although log homes aren’t very common in Raleigh, many of my clients have cabins in Asheville and the Blue Ridge Mountains so this information could be very helpful to someone considering a log home.
Month: January 2014
What is a CLUE Report and how could it impact my mortgage?
Most people are unaware of CLUE Reports and how they affect property ownership and protection. CLUE Reports include not only accepted claims, but denied claims and inquiries. They are meant to be a comprehensive record of all loss history on you as an individual and on a property.
When Should I File a Home-Owners Insurance Claim?
Regardless of payment to a claimant; whether or not you file or don’t ultimately file the claim; or whether it is denied or accepted; a call to your insurance company will most likely end up on your report. If you’ve experienced a property loss (flood, fire, etc.) it doesn’t necessarily mean you should file an insurance claim. Here are a couple of things to think about before you file an insurance claim:
4 Tips for Reducing Energy Bills in Winter
Inefficient heating can also add to monthly power bills during colder temperatures. One of the easiest things customers can do to support heating efficiency is to change air filters regularly. A dirty air filter makes a heating system work harder, which uses more energy.
How far can a Mortgage Lender go to collect Deficiency Judgments?
There is no guarantee that the lender will always try to collect the deficiency judgment. Yes, having a judgment doesn’t mean the lender will surely collect it. After all, lenders will have to spend enough to pursue the collection. Only if you’ve enough bank balance, steady source of income or other real estate properties, then your lender may try to collect the judgement.
When are Gift Funds Allowed?
Contrary to many schools of thought there are still mortgage loan programs which permit the use of gifted funds for some or even all of a borrower’s down payment. In this post, we will focus on FHA loans specifically. Although …
Wake Forest Historic District | Heritage Wake Forest Homes for Sale
Wake Forest began as a college town in the 1830’s. in 1820 Dr. Calvin Jones bought 615 acres in the town of Wake Forest. The Calvin Jones House, its plantation out-buildings and carriage house became Wake Forest College, which was …
Wake Forest Historic District | Heritage Wake Forest Homes for Sale Read more »
Fixing Credit Report Errors in 3 Easy Steps
credit fixers or self help credit repair
Credit Repair Companies, even the good ones (and I say that very generously) remind me of a quote from one of my all time favorite private dick movies “the Two Jakes”. In the opening scenes Jake finds himself at the top of the heap, professionally speaking, the “leper with the most fingers.” This is how I feel about credit repair companies, even the good ones are just one finger away from being fingerless.
FAQ – What is a ‘Qualified Mortgage’?
The new federal agency Consumer Finance Protection Bureau’s (CFPB) Qualified Mortgage & Ability To Pay (ATR) regulations require mortgage lenders in Raleigh and Cary and all other US markets to clearly establish and document a borrower’s ability to be expected …
8 Basic Requirements of the Ability to Repay Mortgage Rule
Ability to Repay Basic Eight Requirements
2014 brings with it many new rules established by this new regulator that have significant impacts not only on the type of loans that consumers have access to but how they are delivered. The rule set minimum requirements that a creditor must consider in making the ability‐to‐repay determination. Eight factors must be considered, at a minimum, in the underwriting evaluation process: