Beware of Unsolicited Letters Suggesting Potential Mortgage Audit Refunds

Written by on January 23, 2012 · Leave a Comment

I have been contacted by several homebuyers and homeowners with questions about letters being received by them in the mail from “Mortgage Auditing Program, Division of A.M.T.” These letters are being received all over the county and they get the attention of homeowners by offering risk free mortgage audits that can lead to potential refunds due to miscalculations that occurred with their most recent mortgage transaction.

These letters should be tossed. There is chatter all over the internet in regards to these letters and this company and various news channels have also reported on them. The company appears not to be reputable and little is known of what they are really trying to accomplish.

If you ever get a letter regarding your mortgage and you are not sure who it is from or why they sent it… it is most likely a SCAM.  Even if legitimate, at best it is a deceptive advertisement and they are just trying to get you to refinance your home loan.  Anything regarding your loan would come to you from the same company you make you monthly payments to each month.

Feel free to call or email me if you would like me to take a look at something you are not sure about.  It’s better to be safe than to be sorry later!

It’s ok to RENT… for a while!

Written by on December 15, 2011 · Leave a Comment

Renting is ok for a whileAre you a renter who wants to become a homeowner but you’re just not ready?  I am here to tell you that is just fine!!  You might not be ready to buy a home today, and whether you need 5 months or 5 years to get ready, that is OK.  Don’t let anyone tell you that now is the time to buy if you are not ready.  It’s ok to wait, but its not OK not to have a plan.

Well over 95% of all renters we have surveyed have said that they do not intend to be a lifetime renter.  Almost everyone renting today would like to buy a home, but many are not ready now.  If that’s you, why not start preparing now so that when the time is right you will be educated, prepared and in control?

Many people are cautious to buy in today’s economy because of various reasons.  In order to better understand the mindset and challenges of renters today, we did extensive research.

Would you like to know the 7 and 1/2 reasons why the renter is struggling to make a decision to buy a home in today’s economy?  If yes, click here to watch a great video that will explain what our research has discovered and how you might benefit from working with a certified Path2Buy coach!

If you would like to get started right away, simply pick up the phone and give me a call today at 980-721-7478.  We can schedule you a FREE consultation to set your “METER” and get you on the Path2Buy!

How to Shop for a Mortgage – Don’t take my word for it!

Written by on October 25, 2011 · Leave a Comment

I talk to new homebuyers or homeowners looking to refinance every day of my life.  I love it!  I love helping families in Charlotte to navigate the ever changing mortgage world and buy their first home, move up to that dream home or even refinance the home they have to save thousands of dollars!  It is an exciting time, but to most people it is just plain scary.  People are afraid about the market and aren’t confident about the mortgage process because of all the mess out industry caused a few years ago… a mess we are still clawing our way out of today! Read more »

USDA Loans Back Online!

Written by on October 20, 2011 · Leave a Comment

I wrote a recent post about possible delays with USDA Rural Housing loans.  The good news is that the delays were very short lived and USDA is back funding loans once again!!  There have been some small changes made to USDA but the overall benefit of the programs remains intact.

Just in case you are reading this and asking, “what is a USDA loan??  I thought they approved beef?”  Here is a quick overview of the program and its many benefits:

  • 100% financing
  • It is possible to financing closing costs and even some repairs
  • Great low fixed rates (similar to FHA rates)
  • Very low monthly mortgage insurance (called something different, but its the same thing as PMI)
  • Restricted to certain areas and income limits (http://eligibility.sc.egov.usda.gov/eligibility/welcomeAction.do)
  • Easy qualifying quidelines (you don’t have to have great credit to qualify)

If you would like to learn more about USDA loans in Charlotte and the surrounding areas, give me a call at 980-721-7478.  Most of Mecklenburg County is ineligible but most of the area right outside of Charlotte is eligible for this great mortgage program.  I offer a FREE pre-approval service if you would like to find out if you qualify.

 

Charlotte Home Prices

Written by on September 29, 2011 · Leave a Comment

Did you know that all Charlotte homes have NOT dropped in price!!  The problem many times is that we all here national or regional numbers, but when you are buying real estate what matters most is what is closest to you.  What are homes selling for in your zip code?  What about your neighorhood? Read more »

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