Alex Sullivan

Why purchase in winter? Many people believe spring is the best time to buy a home, but winter is a great time to make a purchase, especially in North Carolina. While the weather may not be as inviting, there are several advantages to buying a home during the winter months. Buying a home during winter can be a smart …

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What are the advantages of an escrow holdback? Purchasing a home can be an exciting experience. Still, it also comes with challenges, especially when dealing with a delayed closing due to repairs and improvements discovered during the homebuying process. Sometimes, the loan closing could be contingent upon these …

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Reverse mortgages have become an increasingly popular option for older adults to use as a strategic financial tool for retirement. Reverse mortgages, also known as Home Equity Conversion Mortgages (HECM), are still a somewhat misunderstood mortgage product; however, if appropriately used, a reverse mortgage can unlock …

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Exciting announcement: Fannie Mae introduces 5% down payment opportunity for multi-family homes! Calling all aspiring North Carolina real estate investors! Fannie Mae has made a groundbreaking policy shift to revolutionize your homeownership path. Starting November 18, 2023, they are rolling out a game-changing 5% …

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A pre-approval is the first step in the homebuying journey for most people who need financing to purchase a new home. A pre-approval involves a mortgage lender reviewing your income, assets, credit, and debt to determine whether you qualify for a mortgage and how much you can receive. Getting a pre-approval letter …

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