Have you heard the joke about the way you see your house, and the way the tax guy sees it and the way your appraiser sees it? Well, it's pretty funny... because everyone has a difference …
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Fix Up A Foreclosed Property – $100 Downpayment?
I wrote recently (click here) that we could not do $100 downpayment with the 203k loan program... well, now I have a lender who claims he can do it. HUD has long had a program that encourages folks …
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FHA Loan Limits Change 1/1/09
According to the Mortgagee Letter Published this week, HUD is changing the Maximum Loan Limit for Wake, Johnston, Franklin and Harnett Counties. The change is based upon our average sales price, …
One Works at Bragg – One in Wake County!
We are working with a couple looking for property that will allow the Veteran to commute to Fort Bragg (in Fayetteville, NC) and the spouse to work in Apex, NC (Wake County). Since we've been …
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What Score You Need to Cash Out Refinance
Q: What Score do you need to Cash Out Refinance? A: And the NEW Answer is... Fannie Mae is changing guidelines December 1, and with that change you will need at least a 660 score to obtain a cash …
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Subprime Refinances
With the anniversary of the "Subprime" Mortgage Meltdown Mess, I figured I'd take a look at what we've got left. Many people during 2004 through 2007 purchased homes with little to no money down, …
