All articles in Cary

Conventional 3% Down Mortgages 27 FAQ’s

Frequently Asked Questions and Answers to the new Conventional 97% Mortgage.

Is the Conventional 97 a government-backed mortgage program?

Yes, the Conventional 97 mortgage program is backed by the government. It’s offered via Fannie Mae only. The program is not available via Freddie Mac, nor is it available via the Federal Housing Administration (FHA), Department of Veterans Affairs (VA) or the U.S. Department of Agriculture (USDA).

Continue reading Conventional 3% Down Mortgages 27 FAQ’s

2014 Raleigh Cary Durham Wake-Forest Area Independence Day Fireworks Schedule

 

Cary's Fourth of July Celebration at Koka Booth
Cary’s Fourth of July Celebration at Koka Booth

This Fourth of July Independence Day don’t just wave your American Flag and eat a hotdog! (although these are not bad ways to enjoy the holiday!)

As you enjoy this most patriotic of American holidays please make sure to take a moment to thank a current or former member of the armed services or if they are deployed, thank their spouse!

Also – remember that the North Carolina State Police are stepping up enforcement this week with numerous Driving While Impaired checkpoints so if you are planning on enjoying adult beverages make sure that you designate a driver or captain if you are boating.

Here is a list of Raleigh area Independence Day celebration festivities. Continue reading 2014 Raleigh Cary Durham Wake-Forest Area Independence Day Fireworks Schedule

What Should I Expect to Pay in Raleigh-Cary for Rent?

Wages are the number one factor in determining the value of rents which is why until recently New York City had the highest rents.

Today you might be surprised to learn that the Williston Herald (North Dakota) reports that Apartment Guide found that a 700-square-foot, one-bedroom apartment in Williston costs an average of $2,394 a month. The same apartment would cost $1,504 in the New York area, $1,411 in Los Angeles or $1,537 in Boston. Continue reading What Should I Expect to Pay in Raleigh-Cary for Rent?

Koka Booth Amphitheatre – Cary, NC

Koka Booth crowd
Koka Booth crowd (Photo credit: moonlightbulb)

Koka Booth Amphitheatre -Another great reason to call Cary North Carolina home.

From Abba to Alan Jackson to Beer, Bourbon and BBQ, the Koka Booth Amphitheatre, located in the Regency Park area of Cary, hosts a variety of artists and festivals sure to appeal to and appease everyone. Nestled among fourteen acres of hardwoods, the Koka Booth Amphitheatre  sits along the north bank of Symphony Lake. The Amphitheatre stands as if a warehouse has been stripped of its rugged, excluding walls to now exposed spindles spaced about, holding a web of framed steel and transparent glass as its inviting shelter for entertainment. Patrons can either sit on the well-manicured, verdant lawn or seating is available on the charming crescent shaped deck. Continue reading Koka Booth Amphitheatre – Cary, NC

Cary neighborhood opposes potential immigration office

Seal of the United States Department of Homela...
Image via Wikipedia

“The federal government is considering moving its local Immigration and Customs Enforcement office from a Cary office park to a former Kroger supermarket on N.C. Highway 55 and High House Road.” reported Sloane Heffernan from WRAL News.

Read the story here.

The debate rages onward.  If you read the local online forums, neighbors and Cary residents are upset that a detention center is coming to their backyard – in a residential community. Continue reading Cary neighborhood opposes potential immigration office

NC $10,000 home buyer tax credit?

“We’re looking at ideas on how to create jobs. This creates jobs in that (one-year) window of time.”–Rep. Harold Brubaker (R-Randolph) speaking about the merits of HB 485 New Home Purchase Stimulus.

Gold, Guns or Real Estate?

Today’s historic low real estate prices in Raleigh North Carolina and the surrounding areas along with similarly low rates have made homeownership the best tool or hedge against inflation the average person can use to protect themselves from the imminent rising prices. If you have been waiting for the bottom, this loan officer is going on the record as saying THIS IS IT! Of course we will have no way of knowing that to be true until we look back six months from now and see that I was right, but by then it will be too late and you will have missed the best opportunity to have bought real estate in easily 30 or more years!