What Expenses do Homeowners Pay When They Sell?

What Expenses Do Homeowners Pay When They Sell?

Meghan Henderson Home Seller Tips Leave a Comment

In North Carolina, it is common knowledge that homeowners pay the commission for the real estate agents that list their home and bring a buyer. In Southeastern NC, that is typically 6% of the sale price split between the two agents (actually, the split starts at the brokerage and there are fees subtracted before it gets to the agent, but …

Melanie Cameron - Forbearance vs Loan Modification vs Loan Deferment

Forbearance vs. Loan Modification vs. Loan Deferment

Melanie Cameron Homeowner Tips Leave a Comment

 REALTOR® Melanie Cameron explains the differences between a Forbearance, Loan Modification, and Loan Deferment. Don’t make a blind choice just because someone says you don’t have to pay your mortgage for 3 months. Each of these actions have different consequences and one may make your financial situation worse. If you have any questions, don’t hesitate to reach out to …

Accounting - Analytics- Balance

Increased Home Values Do Not Equal Less Affordability

Meghan Henderson Home Buyer Tips Leave a Comment

A tight inventory and buyer demand has led to an increase in home values. The typical home in the United States now costs $244,054. That is 3.7% higher than December 2018, according to a report from Zillow. When potential buyers see prices rise, it’s a gut reaction to think that homes are less affordable, and they should hold off on …

Benefits and Disadvantages for Using Online Lender

The Benefits and Disadvantages of Using an Online Lender

Meghan Henderson Home Buyer Tips Leave a Comment

Their commercials are all over television and streaming devices – online lenders advertising quick approvals and apps that make the application process super easy. The ease of accessibility appeals to home buyers who like the low-pressure benefits of shopping online and the swiftness of information retrieval. However, is there a benefit to using these online lenders and is their application …

Self-employed business owner

Self-Employed Mortgage Requirements – Assure That You Qualify

Meghan Henderson Real Estate Leave a Comment

Being self-employed can be a very rewarding experience. You carry a lot of responsibility for your own success and that of your business, but when you receive your paycheck, there’s no question that you earned every penny.  With close to 42 million people in America (about 33 % of workers) being self-employed, it’s easy to say there are many successful …

Home Possible® Mortgage: Use Your Sweat Equity as a Down Payment

Home Possible® Mortgage: Use Your Sweat Equity as a Down Payment

Meghan Henderson Home Buyer Tips Leave a Comment

Are you a low to moderate-income home buyer struggling to save a down payment for a new home? You may be eligible to participate in a special loan program from Freddie Mac called Home Possible® Mortgage. For some time, this program has had one of the lowest down payment requirements on the market at just 3%, and it offers the …