recent blog posts from Deb & Jay Schmitt
Posted by Deb & Jay Schmitt | on October 19, 2009, 7:47 pmFirst time homebuyers of Youngsville. Time is running out for the $8000 tax credit. You have until the end of November to close on a home and still receive the credit. No word has been given yet as to whether the program will be continued. So don’t wait, start looking for that American dream today. » Read more
Posted by Deb & Jay Schmitt | on August 5, 2009, 10:06 pmJust for the heck of it I decided to pull some statistics on Youngsville. There are currently 159 active listings in Youngsville. That means there are 159 homes for sale in the Youngsville area. The prices range from $34,900 up to $1,495,000. The median price is $249,900. When you look at the price range it » Read more
Posted by Deb & Jay Schmitt | on June 29, 2009, 7:47 pmYoungsville is a small town just north of Raleigh and Wake Forest, NC. When we started in real estate 20 + years ago, Youngsville was the place to go for first time home buyers. At that time subdivisions like Mill Creek offered 1000+ sq ft on lots just under an acre. Now, first time home » Read more
Posted by Deb & Jay Schmitt | on June 8, 2009, 5:38 pmSo we’ve talked about the foreclosure process. Then we talked about doing a short sale in lieu of a foreclosure. You might be wondering if there is anything you can do besides either of those. The answer is “yes”. More and more banks/mortgage companies are offering Loss Mitigation. Loss Mitigation is when your lender offers » Read more
Posted by Deb & Jay Schmitt | on May 26, 2009, 4:39 pmIn lieu of foreclosure you may have the choice of doing a short sale. First off you must know that a short sale is for someone who is in default on his or her mortgage(s). If you are struggling to make your monthly mortgage payment and aren’t sure what to do, listen up. Perhaps you » Read more