Is Raleigh's housing markets headed for another bubble?

However, here in Raleigh, there’s a different story. According to NAR, the Median Sales Price of Existing Single-Family Homes rose a healthy 2.9% in Q2 2013 from $193,200 during the same quarter last year to $198,800. But the real surprise for me was in Durham which saw a 3.6% overall gain from $198,500 to $205,700 for the quarter ending July 30, 2013.

Unlike the summer of 2011 that was one of the hottest on record, this summer seems to be quite mild. However, for those of us who have lived in North Carolina for any period of time, we are all too …

How I Cut My July Duke-Progress Energy Bill 34% Read more »

How to download actual paper versions Bank Statements when using the Spanish language version of Bank of America online banking. By now everybody should know that getting a mortgage loan to buy a house today is not as easy as …

When Spanish Alone isn’t enough Read more »

Private Mortgage Insurers leading the way in housing recovery   One of the earliest indicators of the housing meltdown which began in 2007 was that issuers of Private Mortgage Insurance (PMI) began to contract their underwriting guidelines for issuing PMI …

Private Mortgage Insurance helps lead the way in the Housing Recovery Read more »

One possible enhancement to HARP known as HARP 3.0 is pushing forward the eligibility date from Ma31, 2009 to 2010. Some experts suggest that there are between 27 and 43 billion dollars’ worth of unpaid principal loan balances that could benefit from such a move.

Ricardo Cobos is a Mortgage Loan Officer in Raleigh North Carolina helping people achieve financial security through responsible homeownership using great no money down loans programs like the USDA Guaranteed Rural Development Loans call 877-212-7784 to speak with an experienced loan officer today.

These days there seems to be no shortage today of people or politicians angry at mortgage companies.  Most however tend to be  customers of the nations five largest mortgage servicers; Bank of America, Wells Fargo Home Mortgage, JP Morgan Chase & Ally Financial. The source …

The Trouble With Trial Mortgage Loan Modifications Read more »

After the time and money spent adorning the home, there is still the very real possibility of a cancelled sales contract because of a deficiency listed in the buyer’s home inspection. In fact, now more than ever potential home buyers are willing to walk away from a contract that isn’t “just right”.