Under Contract & House Has Been Damaged; Now What?

There’s an old adage He Who Has the Gold Makes the Rules aka ‘ The Other Golden Rule’. Nothing could be further from the truth in this scenario so the best answer here is ‘It depends’.

According to the National Association of Realtors, the number of pending home sales dipped to 5.04MM unlike in Raleigh and Wake County where closed sales surged by 3.3%

Raleigh Area Real Estate Update June 2015

Here are some of just some of the national and local numbers that we are tracking for you today. Raleigh Home Sales Surge Past National Average According to the National Association of Realtors, the number of pending home sales dipped to 5.04MM unlike in Raleigh and Wake County where closed sales…

When can Homeowners Association foreclose?

Can a Homeowners Associations foreclose when I have a mortgage? It’s a question that I am asked frequently by borrowers and clients who have found themselves embroiled in a legal battle with their Homeowners Association (HOA) over unpaid dues, levies, and fines. Generally the answer is no, however a recent Nevada State Supreme Court ruling…

Buying a home in Raleigh is getting tough!

In quite a few areas of the Triangle, houses are going under contract within 1-2 days of hitting the market and most of them have multiple offers on them. The inventory crunch is shaping up to be the same or worse than last year because rates seem to be rising and homeowners are still hesitant to put their homes on the market. As a result, the builders are having a field day. They can’t build them fast enough! – Justin Burleson – Raleigh-Cary Area Real Estate Broker

What is a CLUE Report and how could it impact my mortgage?

Most people are unaware of CLUE Reports and how they affect property ownership and protection. CLUE Reports include not only accepted claims, but denied claims and inquiries. They are meant to be a comprehensive record of all loss history on you as an individual and on a property.