Linda Trevor's (lindatrevor) Blog

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Real Estate Agent - Linda Trevor and Company
This Blog highlights local events for the Greater Raleigh area and industry news for both Buyers and Sellers. Occasionally, we will post a listing or a neighborhood description for the Localism site. We welcome all comments and look forward to hearing from colleagues and prospective clients as well.

ARCHIVED BLOG POSTS

2009 

Just a little FYI on FHA mortgage limits...  Effective January 1, 2009 are new FHA mortgage limits for Wake County. The new limit is now $271, 050 for Wake County.   WAKE 183 NC $271,050
01/29/2009
Update: The $819 billion stimulus packaged passed by the House on Jan. 28 would eliminate a requirement that the $7,500 tax credit for first-time home buyers be repaid over a period of 15 years.  Click here for the full article. For those you wondering about the $7500.00 tax credit and how it app...
01/29/2009
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Things to Remember when Refinancing Appreciation & Appraisals: If you have been in your home less than 1 year the lender will use the sales price to determine your loan to value NOT the appraised value. So if you are close to that one year mark ask yourself and your lender "Does it makes sense to...
01/22/2009
Friends, For those of you considering a home purchase over the new few months, you might be interested in this proposed stimulus package. It differs greatly from the first time buyer tax credit.  The National Association of Homebuilders has representatives in Washington DC pressing for passage of...
01/22/2009
We all felt the challenges of the last two quarters in 2008, but I am optimistic about what lies ahead for 2009!   We have had three listings go under contract this month; two of which are in the $400K+ range!  The market forecast for the Raleigh area is optimistic to lead the way out of the rece...
01/21/2009
1010 Dresden Meadow --This stunning home is filled with custom designer details. Hardwood floors, extensive trim work, arched doorways, wainscoting, plantation shutters, transoms & ceramic bath floors to name a few! Cook your finest meals in the gourmet kitchen which features 42” cabinets, granit...
01/21/2009
Victorian style homes, wonderful front porches and sidewalks for strolling, this communitywill definitely remind you of the old South.  Historically inspired, Savannah is lovely community located in the heart of Morrisville.  Developed by DR Horton this neighborhood offers homes with fine interio...
01/18/2009
106 Noritake Drive - This 2,225 SF 2-story is located on a cul-de-sac & includes numerous valuable updates.  You'll enjoy the new carpeting and soft colors. Hardwoods in the foyer & powder bath. Spacious formal living & dining rooms. Cook your favorite meals in the kitchen which features raised c...
01/13/2009
Effective January 16, builders can no longer offer home buyers incentives, such as a guaranteed interest rate on a mortgage, for using an affiliated mortgage company.  One of the Housing and Urban Development's (HUD) motivating factors behind this statue was to provide additional buyer protection...
01/11/2009
There is good news for North Carolina in the way of population growth. Our latest accolade credits N.C. as the fourth-fastest growing state in the country by the U.S. Census Bureau. As for the Greater Raleigh area, our population growth has outpaced every other metro in North Carolina since 1990....
01/04/2009
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Linda Trevor

Compass, Cary, Raleigh
local_phone(919) 378-1807
smartphone(919) 730-7746
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This Blog highlights local events for the Greater Raleigh area and industry news for both Buyers and Sellers. Occasionally, we will post a listing or a neighborhood description for the Localism site. We welcome all comments and look forward to hearing from colleagues and prospective clients as well.