Greenville, NC

Greenville Wine and Stein

02-09-10

Katie Evans: Real Estate Agent in Greenville, NC

view my blog
Office: (252) 317-8143

Mobile: (252) 341-5052

Greenville Wine & Stein Festival that will be on Sunday, March 21. It is going to be a great event with wineries, breweries, and distributors pouring tastings and local restaurants serving samples. There will be live entertainment as well.

For more information, visit www.greenvillewineandstein.com <http://www.greenvillewineandstein.com/> .

Tickets are available at the Greenville Convention Center or by calling 252-321-7671. There will be a VIP hour that will feature more upscale food and premium wines, and less people will be tasting at this time.

VIP tickets are $50 in advance ($60 at the door if available). General Admission tickets are $35 in advance ($40 at the door).

Discounted tickets ($5 off) are available for groups of 20 or more.

0 Comments

Greenville NC Subdivision Guide - GreenvilleMove.com - Explore your Neighbors!

01-22-10

Deryck Wilson

view my blog
Office: (252) 439-4010 x228

Mobile: (252) 714-5950

EXPLORE NEIGHBORHOODS IN THE PITT COUNTY AREA WITH GREENVILLE MOVE!

SIMPLY CLICK LINK ABOVE OR CLICK HERE

SIMPLY CLICK ABOVE FOR THE DREAM HOME FINDER OPTION OR CLICK HERE

0 Comments

FHA Changes Significant

01-20-10

Katie Evans

view my blog
Office: (252) 317-8143

Mobile: (252) 341-5052

The Federal Housing Administration (FHA) insures about 30 percent of new loans, and its health is vital for the housing market. But as foreclosures have risen, the government agency has seen its losses rise and its reserves sink below the minimum level required by Congress.

According to the Mortgage Bankers Association (MBA) more than 18 percent of FHA borrowers are at least one payment behind or in foreclosure, compared with 14 percent for all loans. In addition, some unscrupulous operators have shifted their business to the FHA after the subprime business went bust. Last week, the FHA served subpoenas on 15 mortgage companies with suspiciously high default rates for FHA loans, part of a broad crackdown on dubious lenders.

To address the problems, the FHA announced policy changes designed to more revenue into the agency, while at the same time keeping loans available.

The changes include:

1) homebuyers will Pay an upfront mortgage insurance premium of 2.25 percent of the total loan amount, up from the current level of 1.75 percent. FHA officials also plan to ask Congress to increase the maximum annual premium that FHA can charge. Borrowers will still be able to wrap these fees into the total amount borrowed.

2) homebuyers will need a credit score of at least 580 to qualify. Borrowers with a score lower than 580 will need a down payment of at least 10 percent.

2 Comments