Buyers Receive up to 3.5% Toward Closing Costs from Fannie Mae!

To encourage the purchase of REO properties,Fannie Mae is introducing a closing cost incentive for home buyers for primary residence purchases with a closing date on or before June 30, 2011. This incentive reinforces Fannie Mae’s commitment to stabilizing communities and assisting buyers purchasing a HomePath® REO home.Overview of incentive: Buyers purchasing properties listed on…

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!