Open House: Sunday, March 20th From 2-4 pm
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Open House: Sunday, March 20th From 2-4 pm
Team Jodi has been a pristine, bright and spacious home on the market in SW Durham's Auburn Neighborhood.
In a recent study, the Chicago Booth/Kellogg School Financial Trust Index found that a full 36% of Americans would consider “strategic default”—another term for walking away from your mortgage—if they were underwater (owed more on their home than what it was worth).
Now that more than one in four American homeowners is “underwater,” I feel that it’s important for the community to know the truth about strategic default.
The truth is the foreclosure process carries with it credit issues, current and future employment challenges, issues with security clearance and possible debt collections.
That’s why it is vital to explain the 3 reasons why the term “strategic default” is misleading:
If you are underwater and can no longer afford your mortgage payments, you need to create a genuine strategy to avoid foreclosure, helping to provide stability for you and our community.
If you have any questions about what steps you or someone you care about should take next, contact me today at email@example.com or visit my web site at www.ShortSalesinNC.net and read my latest report entitled, "Don't Walk Away From Your Mortgage: Stragetic Default is Never Strategic."
The January numbers are out and they are interesting. While there are differences by area, in Chapel Hill, Durham and Orange County, closed sales were up in January compared with last January and average prices are up and days on market are down.
This would lead you to believe that the market is getting better. I am very suspect. It is now March and the market should be in full swing but it is not. It is very unclear how this year is going to stack up.
Interest rates dipped below 5% again. With rates as strong as ever, this is still a good time buy.
So, here are the specific numbers. . .
I will be watching the market closely and will report the February numbers as soon as they come out.
Are you interested in knowing your home’s value or getting sales information for your neighborhood? Visit www.TriangleHomeValue.com and register for a free report.
Are you interested in looking for a home in Chapel Hill, Durham or the surrounding area, visit www.TriangleHomeSearch.net and register for an auto home search with emails sent to you every time a property comes on the market that meets your criteria or when there is a price or status change in properties of interest.
Team Jodi has put a wonderful updated Cape Cod on the market. This home now has a wonderful, transitional floorplan and upgrades and special features throughout.
Click here to Search homes for sale in Chapel Hill and Durham and the surrounding Triangle NC area
Team Jodi has just listed an executive home for short sale in Chapel Hill's Hunts Reserve
It will come as no surprise, Chapel Hill has been named one of the top Distinctive Destinations. This honor was just bestowed by the National Trust for Historic Preservation. Chapel Hill was selected for its "charm, cultural offerings and dedication to protecting its heritage."
This is a high honor and one that Chapel Hill deserves.
Chapel Hill is one of 12 cities that has been put on the top Distinctive Destination list.
It is time to vote!!! Between today and March 15th, you can vote for which city you think deserves the top honor.
I encourage you to go to www.PreservationNation.org and vote for Chapel Hill today!
I will report back in mid-March with the winner of the competition. Of course it will be Chapel Hill!
Meet Team Jodi Property Management Group
This video introduces Bill Matthes and Heidi Manik who are running Team Jodi Property Management Group. They explain why Team Jodi PMG was formed and the services provided.
Team Jodi PMG: Rental Property and Home Owner Association (HOA) Management
Team Jodi PMG:
For more information view www.TeamJodiPMG.com.
Beautifully Appointed in N. Chatham's Powell Place Neighborhood
Meet Mandy Summerson. We sold her and her husband's house in Durham and worked with them on the purchase of a new home, also in Durham. Hear what Mandy has to say about Team Jodi's services.
Click here to learn more about Team Jodi
Click here to search homes for sale in Chapel Hill and Durham and the surrounding Triangle NC area