Category Archives: Real Estate Financing

Lake Norman Real Estate Predictions for 2010

  Truthfully,  2009 was a pretty easy year to predict real estate trends in our Lake Norman area. (See my 2009 predictions).  Prices came down, foreclosures and short sales dominated our market, new construction ground to a screeching halt putting many of our local builders out of business, and lenders made everyones’  lives extremely difficult. Yes, it was a [...]
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New Home Buyer Tax Credit Confusion Addressed by IRS

  According to a recent update I received from the National Assoication of Home Builders, two scenarios since the extension of the First-Time Home Buyer tax credit and the creation of the repeat home buyer tax credit have risen and been addressed by the IRS:   “With the addition of the second tax credit, there may now be a [...]
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Lake Norman Real Estate: Home Loans; The Good and Bad News

  While you might think that listing a home and getting a good offer is the toughest part of our Lake Norman real estate market these days, in my opinion you would be wrong.  The greatest challenge in most cases right now truly is getting a lender to actally make a loan and close a sale! We all know that [...]
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Lake Norman Real Estate’s Update on $8,000 Tax Credit

    By now most every potential Lake Norman home buyer or seller has at least heard about the new $8,000 tax credit for home buyers included in the recently enacted Economic Stimulus Package signed into law by President Obama on February 17th. Unfortunately, there is a bit of confusion regarding the details of this bill.  In short [...]
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Homeownership Fair is being held this Saturday at UNC Charlotte; Lake Norman Buyers and Sellers Welcome!

  Learn about foreclosures, refinancing, home buying or selling tips and even get individual counseling at this Saturday’s free Homeownership Opportunities & Foreclosure Prevention Expo at UNC Charlotte. Organized by federal officials from the U.S. Department of Housing and Development, this forum will be an opportunity for homeowners worried about foreclosures, thinking about refinancing or potential home [...]
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