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| Marie Scheuring's Real Estate Blog Banks tightening lending Securing a loan is becoming a major challenge for many buyers. Realtors are seeing more deals fall apart due to buyer’s inability to get their loan. I personally was involved in a transaction where the buyer had a mortgage pre-approval but was not able to close the deal. The buyer lost out on the money [...] Cary and Chapel Hill top places to live in 2010 Cary and Chapel Hill were ranked as best places to live in 2010 by Money Magazine. Cary took the 23rd spot with Chapel Hill at number 40 on the top 100 list. Money has just given us all another reason to love life in NC. I recently moved to Cary and I am enjoying all [...] Square footage; know your number before you buy Buyers need to be proactive and ask questions when making an offer to purchase. One of the questions you need to ask is, “how was the square footage verified”. Leaving that to chance will leave you overpaying or if you are lucky, getting more than you bargained for in the deal. The problem is, you [...] Florida passes law to make investors pay up on HOA dues Florida has passed a groundbreaking bill that will protect homeowner associations from dead beat investors who collect rent but don’t pay their dues. The new law allows HOAs to evict tenants from the property unless the tenant pays the dues. There is also a provision that the tenant may deduct the dues from the rent [...] $6500 tax credit extension gives buyers a second chance The $6500 tax credit for the buyers who were lucky enough to sell their home this year and move forward with a home purchase, has been extended. The key point is that it only applies to buyers who were in a valid contract prior to April 30, 2010. The original bill stated that closing on [...] Green lawn care list of how to work smart-not hard We all want to work smart not hard and lawn care should be no exception. Going green with lawn care is easy. Here is my list to help you on the path of redemption. My list of of “how to” work smart not hard and still have green lawn care goes like this: Start with [...] Seven ways to ?green? your real estate purchase A survey of baby boomers showed that this demographic wants green but they don’t want to pay extra for it. To me, it also showed that people still are struggling to find the place where green living can coexist with what they are accustomed to. The survey found that persons 55+ want a ranch home [...] The real reason banks won?t reduce the principle amount on upside down mortgages I love it when someone figures out the “real issue”. Sometimes it takes an expert who really understands a market to provide the insight that the rest of us can’t discover on our own. In a rebuff to the Obama plans to help homeowners hang on to their homes and avoid foreclosure, Chase and Wells [...] |