Market Update for the week of January 2, 2012
Monday, 02 January 2012 16:07
Happy New Year!!! QUOTE OF THE WEEK..."Of all the things you wear, your expression is the most important." --AnonymousINFO THAT HITS US WHERE WE LIVE...It's good to show your best face to the world as the new year begins (see Business Tip of the Week, below) and that just got easier to do. Last wee...
READ MOREPrimeLending Announces 2011 Producer Awards!
Tuesday, 27 December 2011 15:16
In a recent PrimeLending National Production Announcement, Russell Smith was named a 2011 President's Club Prime Power Production Member! Along with other qualifiers that were named to this club, Russell will be honored with his award in Key Biscayne, Florida in May, 2012. Congratulations Russell ...
READ MOREMarket update for the week of December 26, 2011
Tuesday, 27 December 2011 15:13
QUOTE OF THE WEEK..."...never retreat, never retract...never admit a mistake."--Napoleon BonaparteINFO THAT HITS US WHERE WE LIVE...Wisely, the National Association of Realtors (NAR) did not follow the diminutive Emperor's advice last week, admitting they uncovered some mistakes in the statistical m...
READ MOREFHA 90 day rule for investors selling flipped properties
Friday, 23 December 2011 13:35
In February 2011, FHA extended the temporary waiver to allow FHA financing on single family residences within 90 days of acquisition through the end of 2011. This temporary waiver will expire on December 31, 2011 and all sales contracts written after that date will be subject to the 90 day rule. Beg...
READ MOREMarket Update for the week of December 19, 2011
Monday, 19 December 2011 18:47
Happy Holidays! QUOTE OF THE WEEK..."Do what you can with what you have where you are."--Theodore RooseveltINFO THAT HITS US WHERE WE LIVE...The famous President's sage advice from a century ago is still the appropriate approach to today's housing market. In the midst of all the media noise, it's a...
READ MOREMarket update for the week of December 5, 2011
Monday, 05 December 2011 12:38
QUOTE OF THE WEEK..."Motivation is the art of getting people to do what you want them to do because they want to do it."--Dwight D. Eisenhower INFO THAT HITS US WHERE WE LIVE...Enough people were motivated to buy new homes in October to push monthly sales up 1.3% to a 307,000 annual rate. Even be...
READ MOREMarket update for the week of November 28, 2011
Monday, 28 November 2011 13:26
QUOTE OF THE WEEK..."One who is a master of patience is master of everything else."--George Savile (1633–1695), English statesman, writer and politician INFO THAT HITS US WHERE WE LIVE...The patient approach advocated by the 1st Marquess of Halifax is proving to be the right tactic for masterin...
READ MORETopsail Beach Condo approved for financing!
Wednesday, 16 November 2011 15:31
Villa Capriani Condos in Topsail Beach, NC are approved for conventional financing with PrimeLending. Take a look at their site for more information. http://www.villacapriani.com/...
READ MOREMarket update for the week of November 14, 2011
Monday, 14 November 2011 21:40
QUOTE OF THE WEEK..."Life will always be to a large extent what we ourselves make it."--Samuel Smiles, Scottish author and reformer INFO THAT HITS US WHERE WE LIVE...Like life, the situation in the housing market depends on what we make of it. Last week, both options were covered in the latest ...
READ MORECheck out this newly completed "green" house
Thursday, 10 November 2011 14:15
http://www.trulia.com/property/3049060480-4781-Fish-Factory-Rd-SE-Southport-NC-28461# Click on "read more" and then copy and paste the link in your browser to check out this new "green" home. This home is offered by Hailey Knecht with Intracoastal Realty. She would love to show you this awesome ho...
READ MORECut your electric bill by 10% without even knowing it!
Wednesday, 09 November 2011 18:47
Most people don't know that TVs, DVD players, game consoles, computers and chargers for cell phones and other electronic devices can draw energy 24/7, even when idle. The typical American home has 40 of these electronic devices, continuously drawing power. The U.S. Department of Energy's Lawren...
READ MOREMarket update for the week of November 7, 2011
Monday, 07 November 2011 11:38
QUOTE OF THE WEEK..."It all will come your way, once you understand that you have to make it come your way, by your own exertions."--Ben Stein INFO THAT HITS US WHERE WE LIVE...Last week, more signs appeared that things are coming our way in housing. Wednesday the Census Bureau reported that the ...
READ MOREMarket update for the week of October 31, 2011
Monday, 31 October 2011 17:30
QUOTE OF THE WEEK..."Success seems to be largely a matter of hanging on after others have let go."--William Feather, American author and publisher INFO THAT HITS US WHERE WE LIVE...Last week's housing news did give all of us in the industry a few more things to hang onto. First, we saw new single...
READ MOREMarket update for the week of October 24, 2011
Monday, 24 October 2011 13:05
QUOTE OF THE WEEK..."It would be so nice if something made sense for a change."--"Alice in Wonderland," Lewis Carroll INFO THAT HITS US WHERE WE LIVE...What didn't make sense last week was the way the media reported the latest housing data. Housing Starts were UP a strong 15% in September, hittin...
READ MOREMarket update for the week of October 17, 2011
Monday, 17 October 2011 15:37
QUOTE OF THE WEEK..."When you cease to dream you cease to live."--Malcolm S. Forbes INFO THAT HITS US WHERE WE LIVE...One dream that, happily, doesn't seem to be going away is the one we Americans have of owning our own home. In fact, in spite of all the negative news we hear about housing, the p...
READ MOREUSDA Market Update!
Wednesday, 12 October 2011 13:17
WE Are Still Lending USDA Mortgages!!! We are very excited to announce that it was confirmed that our purchasing investors for USDA Rural Housing will be accepting “subject to” conditional commitments! This means that PrimeLending may continue business as usual in regards to origin...
READ MOREWe are closing USDA Loans!
Tuesday, 11 October 2011 17:26
We are still closing USDA mortgages!!! PrimeLending will continue business as usual in regards to originating, closing, and funding USDA Rural Housing Loans. If you are a lender that has a freeze on USDA lending or you are looking to borrow using a USDA loan, contact me....
READ MOREMarket update for the week of October 10,2011
Monday, 10 October 2011 18:08
QUOTE OF THE WEEK..."Waste of time is the most extravagant and costly of all expenses."--Anonymous INFO THAT HITS US WHERE WE LIVE...The week before last, the Fed announced 'Operation Twist,' where they'll switch their short term bond holdings to longer term maturities. This strategy wasted no ti...
READ MOREMarket Update for the week of October 3, 2011
Monday, 03 October 2011 16:31
QUOTE OF THE WEEK..."If you only care enough for a result, you will almost certainly attain it."--William James INFO THAT HITS US WHERE WE LIVE...One result we care a lot about is a turnaround for new homes. We haven't attained it quite yet, with New Home Sales down 2.3% in August, at a 295,000 ann...
READ MOREMarket Update for the week of September 26, 2011
Monday, 26 September 2011 13:06
QUOTE OF THE WEEK..."Success is the maximum utilization of the ability that you have."--Zig Ziglar, American author and motivational speaker INFO THAT HITS US WHERE WE LIVE...To help the economy succeed, the Fed is certainly using its ability to the max. Coming out of the FOMC meeting Wednesday, th...
READ MOREDid you know that a USDA loan can be used to pay off or “take out” a new construction loan?
Wednesday, 14 September 2011 17:27
Per USDA guidelines: § 1980.310 Loan purposes. The purpose of a loan guaranteed under this subpart must be to acquire a completed dwelling and related facilities to be used by the applicant as a primary residence. The loan may be to purchase a new dwelling or an existing dwelling. The guaranteed ...
READ MOREMarket Update for the Week of September 12, 2011
Monday, 12 September 2011 13:16
QUOTE OF THE WEEK..."The lure of the distant and the difficult is deceptive. The great opportunity is where you are."--John Burroughs, American naturalist and essayist INFO THAT HITS US WHERE WE LIVE...The great opportunity now is for home buyers to get a mortgage at an historically low rate. Fredd...
READ MOREMarket Update for the week of September 5, 2011
Monday, 05 September 2011 14:40
Please note: We all know mortgage rates are extremely low and refinance activity has increased; however, our primary focus is, and always will be, on providing professional, caring service to our partners. Thank you for trusting us to get the job done for you and your clients. >> Market Update QU...
READ MOREMarket Update for the Week of August 29, 2011
Monday, 29 August 2011 15:52
Please note: We all know mortgage rates are extremely low and refinance activity has increased; however, our primary focus is, and always will be, on providing professional, caring service to our partners. Thank you for trusting us to get the job done for you and your clients. >> Market Update QU...
READ MOREExtension of 2011 VA Maximum Guaranty Loan Limits
Thursday, 25 August 2011 13:51
The Department of Veteran Affairs (VA) recently announced that the 2011 VA maximum guaranty loan limits for high-cost counties has been extended from September 31, 2011, to December 31, 2011. The extension allows lenders to apply the 2011 VA maximum guaranty loan limits to VA loans closed on or befo...
READ MOREMarket Update for the Week of August 22, 2011
Monday, 22 August 2011 13:46
Please note: We all know mortgage rates are extremely low and refinance activity has increased; however, our primary focus is, and always will be, on providing professional, caring service to our partners. Thank you for trusting us to get the job done for you and your clients. >> Market Update QU...
READ MOREIRS's Top 10 Tax Tips For Home Sellers
Tuesday, 16 August 2011 13:15
Ten Tax Tips for Individuals Selling Their Home IRS Summertime Tax Tip 2011-15, August 8, 2011 The Internal Revenue Service has some important information to share with individuals who have sold or are about to sell their home. If you have a gain from the sale of yo...
READ MOREMarket Update for the Week of August 15, 2011
Monday, 15 August 2011 10:55
Please note: We all know mortgage rates are extremely low and refinance activity has increased; however, our primary focus is, and always will be, on providing professional, caring service to our partners. Thank you for trusting us to get the job done for you and your clients. >> Market Update QU...
READ MOREClear to Close...
Monday, 08 August 2011 15:49
Clear to close on a conventional loan purchase in 1 week from receiving the signed purchase contract in Lumberton! ...
READ MOREMarket Update for the Week of August 8, 2011
Monday, 08 August 2011 12:53
QUOTE OF THE WEEK..."Every silver lining has a cloud."--Mary Kay Ash, founder of Mary Kay Cosmetics INFO THAT HITS US WHERE WE LIVE...Last week's silver lining for housing came in the form of mortgage rates, pushed lower by the cloud of financial market turmoil. The average 30-year fixed rate stay...
READ MOREPage 5 of 11
