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Changes to Lending Practices in North Carolina

Posted 11-29-2008 at 12:44 PM by Tracy_Santrock
Updated 11-29-2008 at 12:47 PM by Tracy_Santrock (categorize post)
There are so many changes in lending practices and several that have had an impact on my clients lately that has effected their ability to obtain a loan I thought I'd share legislation that went into effect this past fall. I know several buyers that are trying to get in under the wire but the timing is very tight given loan approval on the different types of loans, especially FHA.

This is the readers digest of the summaries:

Bankruptcy and Foreclosure - The timeframe...
Real Estate Agent
Posted in Uncategorized
Views 228 Comments 2 Tracy_Santrock is offline
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Selling Your Home in A Buyers Market

Posted 11-29-2008 at 12:31 PM by Tracy_Santrock

As I mentioned in my Wake County Real Estate Market Conditions - September 2008 (LOCALISM FEATURED) the once red hot Triangle Real Estate Market has cooled. Keep in mind I said cooled, not crashed. Homes are still selling - just not at the rate they were in their hay-day in 2006.

As we move from a sellers market to a buyers market sellers are realizing that it is much more difficult to sell...
Real Estate Agent
Posted in Uncategorized
Views 196 Comments 1 Tracy_Santrock is offline

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