Are You Monitoring Your Credit Report ? These days you hear a lot about monitoring your credit report, looking for signs of identity theft. As important as that is, my tip for the day comes as a result of working with one of my clients. Here is a situation where just checking to insure...
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Raleigh’s population count crashed through the 400,000 barrier in 2009, according to new population estimates released Tuesday by the U.S. Census Bureau. North Carolina’s capital city, with 405,791 residents as of July 1, 2009, moved up a spot in the rankings, supplanting Colorado Springs as the 45th biggest U.S. municipality. Raleigh posted a...
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Real Estate News For the week ending May 29, 2010 our research of Raleigh, Durham and Charlotte neighborhoods identified new opportunities to acquire real estate at below market prices. These properties are Bank Owned distressed sales and VA foreclosures. The most interesting find this week turned out to be brand new homes located in Raleigh with...
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Research Triangle Park - Home builders in Durham and Wake county are anticipating increased demand for housing in the Triangle. In Durham alone the number of building permits issued increased 44 percent over this time last year. Builders such as Beazer, DR Horton and Toll Brothers have increased their inventory of building lots and...
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The Veterans Administration is offering to the general public a wonderful opportunity to buy VA foreclosures for personal use or for investment. The highlights of this program include: 1. Low fixed rate financing – 4.5% for 30 years. 2. No mortgage insurance 3. Do Not need to be a veteran. 4. No property limit...
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Last-minute provision would require many small construction firms to provide health insurance to all employees. Hannah Schroder, HousingZone Contributing Editor December 22, 2009 HousingZone In an attempt to garner the votes needed to pass a massive health care overhaul before Christmas, Senate Democrats have included a last-minute provision targeting the construction industry that...
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Fannie Mae calls its latest REO home sales program “First Look”, which clearly favors “owner occupants” and penalizes real estate investors! That’s because the “first look” at all of Fannie’s new REO listings, starting this month, will now go to home buyers who plan to occupy the units they purchase, or to local...
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Durham at No. 5 on magazine’s list of best places to live Durham has won the attention of U.S. News and World Report. The Bull City has been placed fifth on the magazine’s Best Places to Live 2009 ranking released Tuesday. The magazine praised the town’s rebirth as a medical and tech hub...
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Raleigh is #1 in the country ! Charlotte is #3 in the country! U.S. migration may be down overall, but these vibrant metro areas are still attracting newcomers. In Depth: 10 Cities Where Americans Are Relocating Unemployment is on the rise, credit is tight, and consumers aren’t spending–which means they aren’t picking up and...
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Fannie Mae makes an announcement today to raise the number of financed investment properties back to ten. Since October of 2008, Fannie Mae had lowered the number of financed properties a borrower could have to four. Starting again March 1st, 2009, the limit will go back up to 10 properties. This is BIG news to the real...
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