Feeds:
Posts
Comments

Posts Tagged ‘mortgages’

What’s the Future of Mortgages?

Posted in Finance, General Real Estate Market, tagged , , , on March 7, 2011 | Leave a Comment »

In the aftermath of the financial meltdown, much of which was brought on by mortgages that were too easy to get by people who were “iffy” at best regarding their ability to repay their mortgage, we are beginning to see discussions about how mortgages should be arranged and marketed in the future.  This is part [...]

Read Full Post »

Coldwell Banker Proposes a Solution

Posted in Finance, General Real Estate Market, Real Estate, tagged , , , on January 7, 2011 | Leave a Comment »

Sometimes when we’re stewing in the big pot o’ problems, there just doesn’t seem to be a good solution.  That’s about the time that someone steps with an idea that makes you want to say,”why didn’t I think of that?”  Below you’ll see that Coldwell Banker Real Estate folks are trying to come up with [...]

Read Full Post »

Mortgage-oscopy

Posted in Finance, General Real Estate Market, Iredell County, Lake Norman, Mooresville, tagged on August 3, 2010 | Leave a Comment »

Last week we closed on a very nice home in Mooresville, NC for a great couple who vow that they don’t ever want to go through that again.  The “that” is the process they went through to get a mortgage.  These folks have excellent credit and income, yet the lender (who shall remain nameless) put [...]

Read Full Post »

Shopping Estimates for Mortgages

Posted in Finance, General Real Estate Market, tagged , , on February 2, 2010 | Leave a Comment »

There are many good, honorable mortgage lenders out there.  I’ve worked with many who I trust to do absolutely the best they can for their clients and never worry about trying to get lending business by being less than honest.  However, as we’ve seen in reports over the last few years, there have been plenty of [...]

Read Full Post »

How Big a Down Payment?

Posted in Finance, General Real Estate Market, Lake Norman, tagged , , , , , on January 8, 2010 | Leave a Comment »

I recently talked to some out-of-town folks who are thinking of moving- selling their current home and buying another in the Lake Norman area.  During our discussion of how they might be able to follow through on that dream, one of them expressed concern about being able to put together enough cash for their down [...]

Read Full Post »

No Point in Listing Too High

Posted in Finance, General Real Estate Market, Real Estate, tagged , , , , , , , , , on November 19, 2009 | Leave a Comment »

The good news is that there are buyers out there, especially since the passage of the expanded home buyer tax credit which now offers a tax credit for current homeowners who want to sell their home and buy another primary home (see details HERE). The problem is that some of those people thinking of selling their [...]

Read Full Post »

Different Lenders, Different Results

Posted in Finance, Real Estate, tagged , , , on September 17, 2009 | Leave a Comment »

While working with some buyer clients this past week, we had conversations with a lender rep from a “big bank” and a lender rep who is with an independent broker.  I always suggest that my clients shop the market to ensure they are getting the best mortgage rates and expenses.  All borrowers have different situations [...]

Read Full Post »

Lender’s Limited Choice of Appraisers

Posted in Finance, General Real Estate Market, Real Estate, tagged , , on July 28, 2009 | 1 Comment »

Talking recently to Andrea Kindley of Starkey Mortgage (704.902.6371)about the slowdowns in loan processing due to the Home Valuation Code of Conduct that went into place on May 1, 2009, she said that some loans require the lender to go through a third party, called an Appraisal Management Company, to select an appraiser, and others do not.  [...]

Read Full Post »

Realtors Are Gaining Confidence

Posted in Finance, General Real Estate Market, Iredell County, Lake Norman, tagged , , , on April 8, 2009 | Leave a Comment »

The National Association of Realtors (NAR) has released it’s February 2009 report on Realtor Confidence showing that Realtors across the country are beginning to see some evidence of a turnaround in the housing market, primarily in the south and west.  They generally show that the Realtor confidence ratings are higher than they were for January [...]

Read Full Post »

Shopping Mortgage Lenders II

Posted in Finance, Real Estate, tagged , , on March 21, 2009 | Leave a Comment »

I wrote on Friday about working with a client couple who were in the middle of finding a home and looking for a lender.  Well, the results are in!  We agreed on a contract Friday afternoon, and by Friday evening, my clients had talked again with the two lenders who had offered the best rate [...]

Read Full Post »

Older Posts »

Follow

Get every new post delivered to your Inbox.