Wake County Real Estate Market Update June 2014 Second to Fannie Mae, the nation’s largest purchaser of mortgage backed securities … More Raleigh’s “Weak and Declining” Real Estate Market
It has been said that July 4 is the most important of secular American holidays. If not for the inclusion of pyrotechnic displays, contemporary observation of our nation’s birth typically looks like any other summertime gathering.
But what is the religious significance of Independence Day?
Continue reading What’s Religion have to do with American Independence?
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
By now everyone is pretty hip to the fact that Citrix is building a campus in what’s known as the Warehouse District of Raleigh which is a mere blocks from downtown Raleigh. Less than a year after Citrix Systems acquired a Raleigh company that provides secure file transfer software called ShareFile, Citrix announced that it would be hiring more than 330 more people in order Continue reading An Aerial View of the Citrix Campus Under Construction Raleigh NC
In this Google Hangout we discuss the recent changes to the USDA Rural Development Loan Program
Six Things You Should NEVER do When Buying a Home
1. Don’t go buying a lot of junk, or even quasi-junk. Draining your savings or running up credit card debt to buy a new living room set, a big-screen TV, or a new car could make a difference in your interest rate and whether you even qualify for a mortgage. Avoid spending money until after the closing is completed, whether by credit or cash. Keep your debt down and as much money in your bank account as possible. Your lender will check bank and credit card account history, in some cases more than once. Continue reading 6 Things You Should NEVER do When Buying a Home
Forbes recently cited a 38% surge in new home sales since last year, hitting a five-year high in June, according to the newest figures from the Commerce Department. For those of you with short-term memory, that would be the last good year of real estate sales before the bust. Yet, despite a monthly drop in activity, sales of previously owned homes remain 15% higher than last year as well, according to the National Association of Realtor’s. Continue reading Housing Affordability Declines in Raleigh as Mortgage Rates Rise and Inventory Dwindles
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 familiar how August can be unbearably hot. The soaring temp’s remind me of the summers of my youth in West Texas where temperatures frequently were in the triple digits and the tar on the roads would begin to bubble. However, you don’t have to break the bank keeping cool. These are some of my most practical and practically free methods that I employed in my 38 year old home that helped to cut my energy bill by 1/3 letting me keep more of my hard earned cash instead of giving it to Duke-Progress Energy.
Triangle’s 5-day heat wave breaks record
The heat at RDU broke a record for consecutive days to reach the century mark, said National Weather Service meteorologist Kathleen Carroll.
Updated Jul. 24, 2011 4:36 PM | Full Story at the News & Observer
What is a USDA Rural Development Loan?
Section 502 loans are primarily used to help low to moderate income individuals or households purchase homes in rural areas. Funds can be used to build, repair, renovate or relocate a home, or to purchase and prepare sites, including providing water and sewage facilities.
In Wake County North Carolina most areas outside city limits are eligible for financing and the 2013 income limits for a household of 4 is $91,850! Continue reading How to get a No Money Down USDA mortgage loan in Raleigh
Buying a home is one of the most exciting and scary times in a person’s life but it is also very complicated. There are a number of parties to this transaction and they read like a movie credit in order of appearance: