Buyers Receive up to 3.5% Toward Closing Costs from Fannie Mae!

Friday, April 29th, 2011

To encourage the purchase of REO properties,Fannie Mae is introducing a closing cost incentive for home buyers for primary residence purchases with a closing date on or before June 30, 2011. This incentive reinforces Fannie Mae’s commitment to stabilizing communities and assisting buyers purchasing a HomePath® REO home.Overview of incentive:
Buyers purchasing properties listed on HomePath.com will be offered an incentive of up to 3.5% of the final sales price that can be used toward closing cost assistance.
To be eligible for the incentive:  
  Initial offers must be submitted on or after April 11, 2011.
  Property sales must close on or before June 30, 2011.
  Purchases must be used by buyers as their primary residence (second homes and investment properties are excluded).
  Buyers and Selling Agents must request incentive upon submission of initial offer in order to be eligible.
  Buyers must sign the Owner Occupant Certification Rider to the Real Estate Purchase Addendum.
  If a buyer’s total costs are under 3.5%, the difference will not be available as a credit to the buyer.
  Pool and auction sales are not eligible.

 
Contact me today to learn how HomePath® financing can get buyers into homes!Ricardo Cobos is a Mortgage Loan Officer in Raleigh North Carolina. For expert advice on FHA loans and other types of low down payment and low interest mortgage loans call
(919) 559-3384.

Tags: , , ,
Posted in Raleigh Mortgage Updates | 1 Comment »

6208 Trevor Court, Raleigh NC 27613

Monday, April 18th, 2011

You are looking at a one-of-a-kind home. This house sits on a sprawling scenic hilltop in North Raleigh, NC . A series of nested spaces all connected by unique rooms and views. This private retreat is surrounded by the beauty of large oaks, Japanese Maple, and azaleas.

The neighborhood is surrounded  by acres of land teaming with wildlife like deer, squirrels and songbirds. The beackyard is smaller with a large deck, and represents a wonderful opportunity for the new homeowner to put their personal touches to. This home although built in the early 1990’s has been updated with all the modern trends.

 6208 Trevor Court Raleigh NC 27613

Tags: , , , ,
Posted in Raleigh Homes For Sale, Raleigh Real Estate | No Comments »

Heritage of Wake Forest Market News

Monday, April 18th, 2011

Heritage Wake Forest is continuing its winning ways early into 2011. To date Heritage has put over 77 new homes under contract. This a far contrast from 2010 where the market was sluggish. Hammers and saws are a frequent sound and sight. To the custom builders team in Heritage this a welcome sound. With the latest release in Heritage Valley public excitement is abound with the surrounding area and the continued commitment from the developer to allow for plenty of green space, walking trails and more the community will continue to prosper.

Heritage Wake Forest Homes is a great place to start your search in the Triangle area of North Carolina. Heritage Wake Forest NC is a great location for those relocating to North Carolina and locals alike. For further information on Heritage or other community please contact

Jeff Dicks of Keller Williams Realty at 919-793-4730 or visit Heritage Wake Forest Homes

Tags: , , , , , ,
Posted in Heritage Wake Forest, North Carolina Golf Communities | No Comments »