This was today’s top story in my real estate news feed from Marketwatch.com ‘The monthly cost of buying a home — which includes mortgage payments, taxes and insurance — jumped 14% between July 2017 and July 2018, according to a report released Thursday by Realtor.com. Comparatively, it only became 4% more expensive to rent a…
“I’m tired of throwing my money away in Rent!” It’s a common complaint that I hear from people contemplating buying their own home. In fact, it’s been a very personal complaint in my home for the past 8 years. My name is Ricardo Cobos and I’m both a realtor and mortgage loan officer in Raleigh,…
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How to Bid on a Trustee Foreclosure Auction Sale in Wake County Have you ever want to…
Step 1 Get Pre-Approved for a Mortgage Buying a home involves a lot of steps and they can seem complicated, but really it’s just about the details. So what we’re going to do today is to actually illustrate the…
Wake County Real Estate Market Update June 2014 Second to Fannie Mae, the nation’s largest purchaser of mortgage backed securities is where you will find Freddie Mac. Each month Freddie publishes a variety of insightful industry reports. One of those reports is called the Freddie Mac Multi-Indicator Market IndexSM (MiMiSM). In this report various data points are weighted…
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 policies. In fact, so bad was the meltdown that many PMI companies either stopped issuing…
The bad News; If you have to sell your home in Wake County North Carolina where 100% of Raleigh is located, the value of your home is falling faster than our presidents job approval ratings!
First Time Home Buyers in Raleigh / Wake County no longer have to be under 80% of Adjusted Median Income to take advantage of this $8,000 Down Payment Assistance Program.
While many Realtors and Developers say about other communities Heritage actually backs that up with irrefutable data! Don’t take my word for it, just check out the Triangle Area Residential Real Estate Report which for May 2011 sales…Read More