What Are Your Options When Student Loans Go To Collection

Sometimes, the worst happens. Like failing to pay your bills. Or defaulting on a federal student loan. Rest assured, the government will eventually get their money. But there are things you can do to make the process more pleasant. Fortunately, we’ve discovered the magic number to cut through all the red tape and get down to brass tax. What’s the magic number? The Department of Education Default Resolution Group is your best resource to help answer the question everyone should, but no one seems to, know; “Who is servicing the loan?” They can be reached at 1-800-621-3115 (TTY: 1-877-825-9923) or [...]

By | 2018-07-06T12:26:34+00:00 July 6th, 2018|Loan|Comments Off on What Are Your Options When Student Loans Go To Collection

Why technology plays second fiddle in mortgage lending

Listing agents are always so surprised to hear from me when I call on behalf of my clients. I’ll never understand why. The borrower is technically my client. But really, the seller is too. Because if the transaction doesn’t close, everyone loses. Nevertheless, sellers and selling agents are always surprised when we call...n’t count how many times they’ve responded with “I’ve never had a lender call me on behalf of their buyer on a listing. This is wonderful for my seller!” Just more proof that despite all this technology, the simple things still work! Winning Deals Daily My Realtor Partners [...]

By | 2018-07-06T12:26:40+00:00 July 2nd, 2018|Mortgage|Comments Off on Why technology plays second fiddle in mortgage lending

The hidden cost of renting & waiting to buy

As a renter or first time home buyer, it’s easy to look at home ownership as potentially expensive. You’ve got home maintenance, insurance, repairs, landscaping and any number of things which may require money to maintain. But here’s the thing that almost NO ONE REALIZES: When you rent, there is a cost involved in waiting. And it’s a HUGE number. Way bigger than you think. That’s why I bought a home as early as I could. And it’s why I’ve encouraged MY OWN children to buy their first home’s as early as possible. It’s the COST OF WAITING! Forget hundreds, [...]

By | 2018-07-06T12:29:29+00:00 June 20th, 2018|Home Ownership|Comments Off on The hidden cost of renting & waiting to buy

Why Closing an Old Account Can DROP Your Score

  It’s a popular opinion amongst those who work with any lines of credit that logic is discarded as often as possible. We’ve seen plenty of cases where someone was utterly dismayed when presented with the information that paying off something like a five-year automobile note actually lowered their score up to 40 points.  Why Does This Happen? The pure and simple answer is completely counterintuitive (see first sentence of blog) but here it is: The bureaus would rather you show consistent payments over years and decades than to succinctly pay it off. The older the trade line the more [...]

By | 2018-07-06T12:31:24+00:00 June 19th, 2018|Mortgage|Comments Off on Why Closing an Old Account Can DROP Your Score

How NOT to Lose $50,000 When Buying a Home

Last Thursday afternoon was humming along when my phone rang. It was a past client. She sounded stressed. “Hey, are you still in the mortgage business?” she asked. “Why yes!” I said. “I’m about to lose $50,000 because these people can’t get my loan closed, and my contract expires in a week”. Yikes. The Anatomy of a $50k Mistake Our client thought they were in a good spot. They were selling their prior home and had PLENTY of money to put down on the new one. So much, in fact, that they gave the seller a $50k deposit! The problem [...]

By | 2018-05-24T22:05:49+00:00 May 24th, 2018|Home Ownership|Comments Off on How NOT to Lose $50,000 When Buying a Home

Been turned down 4 times? Don’t give up…

When you REALLY want something so bad you can TASTE IT, sometimes you just have to keep at it until it gets done. Even when it’s not easy. Can you relate? We recently had a borrower who came to us feeling a little beat up. He had been turned down for a mortgage loan not once, or twice, or three times. Yes… he had been turned down by 4 other lenders. But he REALLY wanted this house for his family! So he stuck it out. He found us. Self-Employed Borrowers Have It Rough Self-employed business owners are the backbone of [...]

By | 2018-04-20T18:35:22+00:00 April 20th, 2018|Mortgage|Comments Off on Been turned down 4 times? Don’t give up…

Learn from the home buying pros this Saturday April 21st

If you're even THINKING about buying a home soon, don't miss this rare opportunity to learn from Raleigh's TOP real estate professionals. Join us THIS SATURDAY from 10:00 am – 12:00 pm at the Hampton Inn & Suites- Crabtree Valley. Less than 10 free seats left! Register for your free tickets  http://bit.ly/SmartHomeBuyer

By | 2018-04-17T10:54:30+00:00 April 18th, 2018|Event|Comments Off on Learn from the home buying pros this Saturday April 21st

FREE Homebuyer Class 4-21-18 – Save Thousands on Your Next Purchase

Want to save THOUSANDS of dollars in your next home purchase? This Saturday, April 21st, we are hosting a FREE masterclass for home buyers with other top local real estate professionals! Latte your morning up by enjoying our in house coffee barista, and get your grub on by enjoying our spread of delicious breakfast bites! Learn from the top pros in the real estate industry as we cover hot topics like: How to buy a home with NO MONEY DOWN  How to buy a home with bad credit  The best grants & loans for your current circumstances  Tricks to win the negotiation on your [...]

By | 2018-04-17T10:46:44+00:00 April 17th, 2018|Uncategorized|Comments Off on FREE Homebuyer Class 4-21-18 – Save Thousands on Your Next Purchase

Quick Close – No problem

A recent client of ours found her dream house in Raleigh NC. It had everything she wanted; a one of a kind house. She knew which rooms the kids would be in. She knew what changes she wanted to make to the house all their own. She could feel what it was going to be like to have her family living in this new house. It would be theirs in about a week. Their loan was approved. They were packing. And just like that… it almost vanished. The Call Nobody Wants Just 7 days before the closing, their lender called. [...]

By | 2018-04-20T18:36:10+00:00 April 13th, 2018|Loan|Comments Off on Quick Close – No problem

Little house. Big family. Happy parents.

It’s hard to really put down roots with your family when you’re renting. It’s someone else’s house. You know it & the kids know it. For families with kids, buying a home is so important to really establishing your “story” as a family. You can start to really make friends. It’s where you create memories. What does a first time homebuyer look like? Alot of first time homebuyers we see are young people just starting out. Maybe they’re single and buying a home. Sometimes they’re soon-to-be or recently married. Every once in awhile we hear from a family with children [...]

By | 2018-03-28T17:02:50+00:00 March 19th, 2018|Home Ownership|Comments Off on Little house. Big family. Happy parents.