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FHA Flipping Waiver Expires

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On December 10, 2014, the Federal Housing Administration (FHA) announced that it will not extend the temporary waiver of FHA’s regulation that prohibits the use of FHA financing to purchase single family properties that are being resold within 90 days…

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Commercial Property in Wallace North Carolina

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Well maintained 2902 square foot commercial building situated on 2+ acres available in Wallace. Formally known as First Bank, this spacious building features four offices, storage/file room, vault, break room, two half baths, and counter area. It has 616 square…

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Price Reduction in Kenansville North Carolina

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311 Williamson Street Kenansville, NC 28349 Live in historic Kenansville in the perfect neighborhood for walking. Uptown shopping and elementary school within walking distance. Enter the foyer of this lovely home with beautiful wood stairway. Light and airy formal living…

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Why Everyone Is Talking About Mortgage Rates

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Borrowing costs got even cheaper for home buyers and refinancers this week, as mortgage rates continued to descend. The 30-year fixed-rate mortgage averaged 3.66 percent this week, the lowest weekly average since May 23, 2013, Freddie Mac reports in its…

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Financing and Refinancing News

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Great News for our Buyers… FHA has just made financing the purchase or refinancing of a home cheaper by lowering the amount of monthly payment of mortgage insurance premium by over 1/3! The latest announcement by HUD states that the…

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Good News for Buyers

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The key feature of the so-called wealth-building home loan is a sharply reduced interest rate on a 15-year term. Instead of requiring a down payment, banks allow borrowers to use their money to pay interest upfront, often called “buying down”…

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SOLD in Burgaw!

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2115 Penderlea Highway Burgaw, NC…Sold Price $116,000 Country living just minutes from Burgaw and I-40, less than 30 minutes to Wilmington and Jacksonville. 3 Bedroom 1.5 Bath Brick Ranch completely remodeled on a 1.6 acre lot with small pond. The…

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How to Manage Your Credit

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Guaranteed Rate knows that managing your credit can be a daunting task given all of the ‘expert’ advice and criminal credit quick fix schemes. The truth of the matter is, discipline, time and a little knowledge will heal all credit…

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