Raine's Blog

Follow me
By
Managing Real Estate Broker - REIGN REALTY
RECENT BLOG POSTS
With the economy wreaking havoc on many families, many are having issues with deciding which bill to pay over others.  If this sounds like you, then you should consider going to a budget counselor.  One that will be serious about helping you become more capable of successful financial management....
01/29/2010
According to Forbes, Charlotte, NC is the 2nd Best Place to go from Renting to Buying (here's the link to the article) http://www.forbes.com/2010/01/21/buying-versus-renting-lifestyle-real-estate-homes_slide.html I can't argue with this report, however, one should understand what it states: The j...
01/27/2010
According to Forbes, Charlotte, NC is the 2nd Best Place to go from Renting to Buying (here's the link to the article) http://www.forbes.com/2010/01/21/buying-versus-renting-lifestyle-real-estate-homes_slide.html I can't argue with this report, however, one should understand what it states: The j...
01/27/2010
According to Forbes, Charlotte, NC is the 2nd Best Place to go from Renting to Buying (here's the link to the article) http://www.forbes.com/2010/01/21/buying-versus-renting-lifestyle-real-estate-homes_slide.html I can't argue with this report, however, one should understand what it states: The j...
01/27/2010
With the new HUD rule in effect as of January 1, 2010 - "To Simply and Improve the Process of Obtaining Mortgages and Reduce Consumer Settlement Costs", I truly hope this is the final curtain to predatory lending and an end to shoddy lending tactics. When Buyers are blatantly lied to, and not edu...
01/26/2010
With the new HUD rule in effect as of January 1, 2010 - "To Simply and Improve the Process of Obtaining Mortgages and Reduce Consumer Settlement Costs", I truly hope this is the final curtain to predatory lending and an end to shoddy lending tactics. When Buyers are blatantly lied to, and not edu...
01/26/2010
The reports are now stating there are talks about increases in interest rates from 50 basis points to about 100 basis points.  That's a whole percent increase!  In addition to that, FHA (which is, by the way, the most viable loan product for most 1st Time Buyers) has increased their upfront premi...
01/25/2010
Well it seems like the market has finally made some lenders, including investors, to put their foot down.  They are demanding higher credit scores from borrowers, and more money into the deal. Gone are the days of a 580 credit score and getting interest rates compatible to those with a 650 score....
01/22/2010
They say this is a "Buyers market" right?  Well, where are all the Buyers?  Are they unable to obtain financing because the banks have tightened up their belts and are very selective in whom they loan money?  Or are they in their apartments watching CNBC and other media tell them this is the wors...
10/26/2008
Rainmaker
53,045

Raine Spivey

Realtor
local_phone(704) 935-5292
smartphone(704) 931-8133
Contact The Author