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Serving Chapel Hill, Durham, Raleigh, Greensboro, Wilmington, Charlotte, Morehead City and all of North Carolina.

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When Is It A Good Idea To Use A Home Equity Loan?

October 8, 2013 by Robby Oakes Leave a Comment

A home equity loan is a type of loan that allows you to use the equity of your home as collateral. It is an option that home owners have available to them and that some people use to pay for major expenses such as home renovations, college education or medical bills.

These types of loans became popular in 1996 because they provided a way for consumers to circumvent their tax charges for that year, which eliminated the deductions on the interest for most consumer purchases.

Filed Under: Home Mortgage Tips Tagged With: Home Mortgage Tips,Home Prices,Home Buyer Tips

What’s Ahead For Mortgage Rates This Week – October 7, 2013

October 7, 2013 by Robby Oakes Leave a Comment

This week’s economic news commentary has been dominated by the “what ifs” of a government shutdown; opinions of potential consequences are limited only by the number of commentators sharing their opinions. Unfortunately, more concrete examples of the shutdown were evident last Tuesday and Friday.

The Department of Commerce delayed release of August’s Construction Spending report that were due last Tuesday and The Bureau of Labor Statistics delayed the release of September’s Non-farm Payroll and Unemployment that were due last Friday.

Filed Under: Housing Analysis Tagged With: Mortgage Rates,Jobless Claims,Financial Reports

Do Fence Me In, Here Are A Few Good Yard Fencing Options

October 4, 2013 by Robby Oakes 2 Comments

Whether you just got a puppy, have newly mobile children or built a pool, there are a multitude of reasons for wanting to keep people and animals in your yard, while preventing other from entering. Picking the perfect fence can be difficult, so below we’ve outlined the main fencing materials to choose from and characteristics to consider about each.

Filed Under: Around The Home Tagged With: Around The Home,Home Improvement,Home Renovations

Do Those Additions Really Add Value To Your Home?

October 3, 2013 by Robby Oakes Leave a Comment

When you own a home, there are additions that you can make to the property that will improve the value of your home. For example, a newly renovated kitchen or bathroom is a popular choice that will really make the home more desirable to buyers.

Filed Under: Home Selling Tips Tagged With: Home Seller Tips,Home Prices,Home Renovations

How Does An Interest-Only Mortgage Work?

October 2, 2013 by Robby Oakes Leave a Comment

When you have been researching your different options for a mortgage on your home, you might have heard of an “Interest-Only Mortgage”. What exactly does this type of mortgage mean and how does it work?

Filed Under: Mortgage Tips Tagged With: Mortgage Tips,Interest Only Mortgage,Home Buyer Tips

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Robby Oakes


Robby Oakes

CIMG Managing  Director
NMLS# 91606

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