Concord, Lake Norman and University City real estate and homes for sale in North Carolina, lake homes, golf course properties, homes with acreage - Neal Pender, REALTOR® Neal Pender REALTOR(r) for Concord, Lake Norman and University City, North Carolina real estate, lake homes, golf course properties, homes with acreage - NUMBER1EXPERT™ Neal Pender NUMBER1EXPERT(tm) for Concord, Lake Norman and University City, North Carolina real estate, lake homes, golf course properties, homes with acreage
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Real Estate Tips
Financing Your Home >FHA Advisory

If you are in default on an FHA-insured mortgage, and the lender intends to foreclose, you should know about the Mortgage Assignment Program. You will have to provide certain information to the FHA to apply for this program.

To be considered eligible for assistance, the home must your principal residence. You must be at least three full payments behind on the mortgage, and the reason for your failure to make the mortgage payments must be due to circumstances beyond your control, such as unexpected unemployment. The FHA must be reasonably certain that you can resume making the payments at the end of 36 months and that the accrued deficiencies will be paid back before taking over the loan.

The Veteran's Administration also has a mortgage assistance program for those who have VA mortgages.

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Real Estate Trivia
Q 
What does "contingency" mean in real estate?

A 
A contingency is a specified event that must take place before a home purchase contract is binding; for example, a sale can be said to be "contingent upon the sale of the buyer's current residence."
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Neal Pender, REALTOR®, real estate agent and broker for Concord, Lake Norman and University City North Carolina home listings, property and land for sale - NUMBER1EXPERT(tm)

Neal Pender
Keller Williams Realty

6001 Gateway Center Drive Suite 105
Kannapolis NC 28081
Tel: 704 737-7653
Fax: 704-973-0060
Email: nealpender1@NUMBER1EXPERT.com

Neal Pender CRS, CNHS, Broker in NC/SC (Keller Williams Realty): Real Estate Agent in Concord, Cabarrus County, North Carolina Since 1996, Neal Pender has been a full-time REALTOR helping people with real estate in greater Cabarrus County, Lake Norman and Charlotte. He creates “raving fans” as the result of an intense devotion to customer service. Neal’s clients benefit from his advanced negotiating expertise, trustworthiness and vast market knowledge.

CRS Equal Housing MLS REALTOR


Keller Williams real estate and homes for sale in Concord, Lake Norman and University City North Carolina

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