Unemployment, divorce, job transfer, death, financial crisis is finding many Raleigh homeowner’s struggling to make their mortgage payments. Mortgage payments are due by the first day of each calendar month. They are late on the 15th day of the month. After 15 days a late payment reminder letter arrives, after 30 days it is mortgage…
5 Things to Know When You Are Trying to Avoid Foreclosure and Save Your Credit
By Linda Craft on March 26th, 2009Unemployment, divorce, job transfer, death, financial crisis is finding many Raleigh homeowner’s struggling to make their mortgage payments. Mortgage payments are due by the first day of each calendar month. They are late on the 15th day of the month. After 15 days a late payment reminder letter arrives, after 30 days it is mortgage…
Real Estate Broker Shot Over Earnest Money
By Linda Craft on March 16th, 2009Today I had an email from a REALTOR friend who works in another state telling me that an 88 year old man had walked into a local real estate office and shot the Broker in Charge because he wanted his earnest money back. I have seen many home buyers, and home sellers dispute over who should receive…
Should Buyers Buy in a Buyers Market?
By Linda Craft on March 6th, 2009Interest rates are below 5%, there is a surplus of housing which gives buyers unbelivable choices, sellers are motivated to sell and are pricing realistically and are still negotiating even lower than list price…Sounds like a fabulous buyers market to me and buyers should buy. Right? But, here it is January 2009 and buyers who…
Raleigh Real Estate Boasts Unique Homes
By Linda Craft on March 6th, 2009Most of the homes in Raleigh have very similar features; bonus rooms, cul-de-sac lots, family rooms that open to the kitchen, neighborhood pools etc. But today, I wanted to share with you about a home that I have recently listed a home that is uncharacteristic for Raleigh homes. This Raleigh home is a rare treasure…