If you are interested in purchasing a distressed home, or one that's been foreclosed upon, it probably has some "deferred maintenance items" that need to be done. Getting the FHA Seller Repairs done …
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FHA Condo Approval Requirements
In love with a Condo? If you want to get a FHA Loan (which only requires a 3.5% down payment) then you better brush up on which Condominium Projects will be allowed for FHA Loans, and which ones …
Tips For Buying The Home You Are Now Renting
Many people who moved here with new jobs, rented a home. Some of them did this so that they could get to know the area, others did that because they came with little cash for a down payment - or …
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How the Mortgage Tax Credit Works
The way the US Tax code is written, each home owner is allowed to deduct part of their mortgage interest on their tax returns. For first time home buyers in North Carolina, there's a program that …
Fall 2014: Time to Buy a House In Raleigh
We went looking at Parade of Homes houses over the weekend, and were pleased to see that of the more than 2 dozen homes we looked at - most were already sold. Even the Million Dollar homes in Cary, …
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FHA PMI Rates 2014
FHA Home Loans are backed by the US Government, and provide a default insurance for the Bank. This default mortgage insurance or FHA PMI rate is set to keep the mortgage insurance fund …