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Posts Tagged ‘real estate’

Glossary added

Thank you Jackie Lynaugh for contributing a mortgage and real estate glossary to the website. View the common mortgage and real estate terms now at http://carolinamortgageconnection.foundbydesign.net/mortgages/glossary/

Find out more about Jackie at http://carolinamortgageconnection.foundbydesign.net/author/jlynaugh/

Suzy Orman’s Advice on Real Estate

Look, I like Suzy. For the most part I think she gives very good solid GENERIC advice on finances. She even has a great product (Suze Orman’s FICO® Kit Platinum*) that helps with credit scores. But here lately Suzy is becoming just another “Talking Head” on the TV.

A colleague of mine recently expressed frustration in dealing with a client. This client wanted to sell their home and had recently watched Suzy Orman advise someone NOT to sell right now, so they were going to wait for now. As my collegue tried to explain to the client, “We do not live in one of those areas that are suffering from a major declining market”, the client seemed to take Suzy’s advice more seriously.

Folks, please remember that when you are getting your advice in life, make sure that the advice you are getting is from good counsel that is not only informed in general, but also knows your own situation. If you watch Suzy’s show, she gives advice to folks on the TV after a 30 second Q&A drill! This means that she has to take a sliver of information about your situation and then provides you with potentially LIFE ALTERING financial advice! Is this the advice you really want to listen to?

Find a professional in your area that can sit down with you and actually offer solid advice based on YOUR situation… not what the media news claims. After all, when the current story changes tomorrow, so will the advice given by these “experts.”

As a professional mortgage lender in Charlotte, I have told folks that they should not buy a home, or they should not refinance their mortgage. YES… I turned business away! Why? Because it was the right thing for that customer! And by doing the right thing for my customers, I will always be able to give solid advice without compromise and my customers know that they can trust it. I am here for the long haul, not just seeking the quick buck!

So if you need financial advice, give me a call. At least I will listen to your entire situation BEFORE offering potentially life altering advice! And you will know that since I took the time to get to know you, you can trust what I am sharing with you.

Thanks,

Ed Nailor
Ed Nailor

877-411-9327

Thank you Eleanor Thorne for the inspiration for this article.  Eleanor is a top mortgage professional in the Raleigh, NC area. Visit her site at http://stevethorneonline.com/

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Buy My Investment Properties With My Money — Seller is Lender: NO!

Special Contribution Article

We see them all the time with these great lists of investment properties for sale. The prices appear to be good values and, hey - the seller will finance it for you. No credit check! All you need is a small down payment and the property is yours for 10% 12% or 14% interest.  And here is a real money saver - you don’t even need to pay for the closing costs because they are built in and THE APPRAISAL IS INCLUDED. Read the rest of this entry »

A Good Name

Hello Readers. This one I was on the fence with posting. However, while it does have a little bit of a “preachy” feeling to it, pay attention to the overall message about my beloved industry. This is a sentiment I also share…. Read the rest of this entry »

Video: Introduction to Charlotte, NC

Real Estate Agent Terry McDonald gives a nice introduction to the Charlotte, NC area.

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ARM Reset Video

Alan Wastler, an analyst on CNNMoney.com attempts to explain how ARMS will rest and the impact that will have on the economy.   Read the rest of this entry »

The Current Market of Wynfield Creek, Wynfield Forest, and Wynfield in Huntersville

In Huntersville, there are three distinctly separate neighborhoods known as Wynfield Creek, Wynfield Forest, and Wynfield.  Often, they are all referred to as Wynfield, but they are three different neighborhoods nonetheless.  All three are very desirable neighborhoods with mature trees, oodles of lush landscaping, and breathtaking homes. Read the rest of this entry »

Here’s to a Happy New Year for Your Home!

Allen Norwood did a great piece in the Charlotte Observer on how to keep your home in shape by doing a little bit of maintenance each month.  This way, the work load is manageable and doesn’t take the entire Summer to complete.  He gives great reminders about all of the little things that we might forget or try not to remember.  I love it that he starts the year with making a list of projects that will need completed throughout the year.  You need a plan for success! Read the rest of this entry »

Gentlemen. Start Your Engines!

Special Contribution Article

 I know what you are thinking…what a junk post.  It isn’t even worth my time.  However, NASCAR is the second most popular sport in the U.S. behind pro football.  Plus if you’re looking for a family-friendly sport now that baseball is back on the hotseat, I would suggest you check out this incredible sport.  Additionally, I can’t think of another sport that is more important to a city than NASCAR is to the Charlotte area.  So, for this, here is NASCAR for dummies, my perspective. Read the rest of this entry »

Buyers: How to Make Sure your REO doesn’t leave you DOA

Purchasing a distressed property is a great way to purchase a larger home for money and pick up some instant potential equity.  However, there are many mistakes that buyers of REO properties make that can can leave you feeling like you’ve bitten off more than you bargained for. Read the rest of this entry »

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