FHA's new rule may hurt the purse of some buyers! Starting April 5, 2010, FHA is raising it's MIP from 1.75 to 2.25%, boosting the minimum down payment for borrowers with a credit score lower than 580 up to 10%! PLUS- it's reducing what the sellers can pay towards closing costs by half (down from 6 to 3%)...
For more information, contact me at 704-201-4602
"Only the Sun Covers Charlotte Better!"

Lots of listings coming onto the market in pursuit of an April Contract....It's a great time to be on the market, competitively priced , and ready to sell!
If you have questions about the Tax Credit that has been extended thru April, call 704-201-4602!
Check out this site for more interesting and fun facts surrounding the "what's what" in UC!
http://universitycitypartners.org/
A great resource for Electrolux, Husqvarna and other newcomers to Charlotte NC!
As always, I am here to answer any questions, comments or concerns you may have-704-201-4602!
Warm regards!
Michele Latham
Broker/ Realtor, NC/ SC, ABR, GRI, CRS
"Only The Sun Covers Charlotte Better!"
704-201-4602
Yes- you read that correctly.. I have 5.31 acres that percs for a 4 bd home in the Golden Crescent in Cabarrus County for under $70,000. THAT'S UNDER $13,000/ ACRE!!!!
CALL TODAY- WON'T LAST LONG!
ONLY THE SUN COVERS CHARLOTTE BETTER!
MICHELE LATHAM, BROKER, ABR, GRI, CRS
704-201-4602
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