Short Sale – An Alternative to Foreclosure

triciacox Cashiers NC real estate , Glenville NC real estate , highlands nc real estate , Market conditions , Uncategorized Leave a Comment

In these uncertain economic times, many Americans are living from paycheck to paycheck, often extending themselves even further through credit card debt.     For owners who can no longer afford to keep mortgage payments current, there are alternatives to bankruptcy or foreclosure proceedings. One option is a real estate short sale. To help understand how a short sale differs from a …

Great News for Highlands and Cashiers Homebuyers

triciacox Cashiers NC real estate , highlands nc real estate , Highlands North Carolina Real Estate , Highlands/Cashiers NC Homes , Market conditions Leave a Comment

Bank of America has cut interest rates on jumbo mortgage loans in the hopes of expanding its share of what the bank sees as an underserved market for loans too big for purchase or guarantee by Fannie Mae and Freddie Mac. Not everybody will qualify for the 30-year, fixed-rate loans of up to $3 million that Bank of America has …

Now is the Best Time to Invest in Highlands North Carolina real estate

triciacox highlands nc real estate , Highlands North Carolina Real Estate , Highlands/Cashiers NC Homes , Market conditions , The Highlands Plateau Leave a Comment

Regarding the economy and current market conditions, Warren Buffet has been quoted as saying; “Be fearful when everyone is greedy and greedy when everyone is scared”. This is seems to be true in the real estate market.  When it is a Seller’s market, Buyers should be fearful and less interested in purchasing real estate.   Now, it is definitely a Buyer’s …