Susan Fang's (susanfangrtp) Blog

Despite sharp reductions in debt, land holdings, and headcount over the past three years, the builder ran out of time and cash before it could find a buyer. By:John Caulfield   Orleans Homebuilders, the Bensalem, Pa.-based builder with 11 operating divisions in eight states, on Monday became the...

From http://www.wral.com/news/education/story/7150967/   RALEIGH, N.C. — The Wake County Board of Education voted Tuesday to end its long-standing diversity policy in student assignment in favor of a neighborhood schools concept. By a 5-4 vote, the board approved a resolution to begin planning fo...

From: http://www.newsobserver.com/2010/02/19/346681/raleigh-housing-market-ranks-first.html The Triangle has received more affirmation that it is better-positioned than most regions to emerge quickly from this recession. Hanley Wood Market Intelligence, a California research firm, has ranked the...

From: http://www.builderonline.com/debt/orleans-homebuilders-strikes-tentative-agreement-with-lenders.aspx Pennsylvania builder must find more cash to survive beyond a year. By:Teresa Burney   Orleans Homebuilders announced it has struck an agreement with its revolving credit line lender that sh...

From http://www.furnacecompare.com/heat-pumps/ Since a heat pump can both heat and cool a house, wouldn't you always rather buy a heat pump than a central air conditioner? And wouldn't you rather have a single piece of equipment to purchase, install and maintain than both a central air condition...

  From: http://realestate.bryanellis.com/1195/fannie-mae-removes-its-4-financed-property-limit/#fvIyqPTTTNb1   Effective March 1, 2009, real estate investors can once again own and finance up to 10 individual properties. The restriction reversal does come with new minimum requirements, however. H...

From http://localtechwire.com/business/local_tech_wire/opinion/blogpost/6912102/   Note: The Skinny blog is written by Rick Smith, editor and co-founder of Local Tech Wire and business editor of WRAL.com. RESEARCH TRIANGLE PARK, N.C. – Believe it or not, Triangle, the region is still drawing new ...

Nice house in Cary Park. Bank owned in 12/2/2009. Priced at 350K around, 100K below purchase price and tax value. Good bargain. Please call for more information. 

  From http://www.federalhousingtaxcredit.com/faq1.php Who is eligible to claim the $8,000 tax credit?First-time home buyers purchasing any kind of home—new or resale—are eligible for the tax credit. To qualify for the tax credit, a home purchase must occur on or after January 1, 2009 and on or b...

From http://www.federalhousingtaxcredit.com/faq2.php Who is eligible to claim the $6,500 tax credit?Qualified move-up or repeat home buyers purchasing any kind of home are eligible to claim this credit. What is the definition of a move-up or repeat home buyer?The law defines a tax credit qualifi...