Entries Categorized as 'Buying a Home'
July 1, 2008

No More Pick a Payment for Wachovia
It appears that Charlotte NC based Wachovia could no longer handle the negative press. They have officially dropped the Pick A Payment product from their mortgage portfolio. After spending all the time and money in buying (and…
Posted in Buying a Home, Mortgages, Refinance
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July 1, 2008
Banking on Bank of America could Cost You
Charlotte Realtors… If you currently count on Bank of America for majority of your Charlotte mortgage needs, you may want to start looking around a bit. With the aquisition of Countrywide, you should expect to…
Posted in Buying a Home, Commentary, Mortgages
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June 19, 2008
FHA “Flipping” Rule Has Been Waived
June 9, 2008: FHA’s Assistant Secretary for Housing - Federal Housing Commissioner, Brian D. Montgomery signed the
Waiver of Requirements of 24 CFR 203.37a (b)(2) which waives the requirement of the seller of a property holding…
Posted in Buying a Home, Mortgages, Selling a Home
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June 18, 2008
Charlotte Home Loan Dies over $25
“But it was only $25.00. Surely that can’t matter that much!” Unfortunately, it did.
Recently a client of mine went from being approved to
buy a home in Charlotte to being denied for a
Charlotte mortgage loan. It was…
Posted in Buying a Home, Credit Tips, Mortgages, Refinance
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June 16, 2008
Best Negotiating Technique When Using USDA Mortgage Loans
Typically, when negotiating on a home purchase contract, many home buyers will offer a price that is lower than the listing price. The idea is to get a deal… a bargain. No matter who…
Posted in Buying a Home, Mortgages
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