Chuck Webb's (cfwebb) Blog

Last week, HUD Secretary Shaun Donovan announced that the Federal Housing Administration (FHA) will allow homebuyers to apply the Obama Administration's new $8,000 first-time homebuyer tax credit toward the purchase costs of a FHA-insured home. Donovan said that the action will help stabilize the...

Source: Forbes.com, May, 2009 Unemployment is on the rise, credit is tight and consumers aren't spending - which means they aren't picking up and moving much, either. Very few places in America saw significant population growth in 2008. Despite the overall economic slowdown, some parts of the cou...

721 Morrison is a mixed use community located in the heart of Myers Part and two blocks from upscale Southpark Mall.  The development  offers one-, two- and three-bedroom plans in 13 different styles.  A number of units are available and pricing range from the low $200's to the low $400's. Interi...

Before you decide on your next home purchase, it is important to evaluate what you can expect from the Real Estate Professional that you select to represent you. You will need to understand that, while there are plenty of us out there to assist you, not all Real Estate Agents offer or deliver the...

The Obama Administration has unveiled a Web site to assist homeowners in determining whether they are eligible for help with their current mortgages. This comes, as loan servicers determine how to implement the President 's foreclosure prevention plan. The new help for American's homeowners web s...

Business Week has just released their list of America's Top 10 Affordable Suburbs.  Among the top 10 are 2 Charlotte area communities that have long become synonymous with affordable housing, great lifestyle, and easy access to Charlotte and it's many activities.  Cornelius, located 30 miiles nor...

A tax credit of up to $8,000 is now available as part of the stimulus bill that was signed into law last month.   The credit applies to  qualified first-time home buyers purchasing a principal residence on or after January 1, 2009 and before December 1, 2009. Unlike the tax credit enacted in 2008...

- Reprinted from HUD web site. A Loan Modification is a permanent change in one or more of the terms of a mortgagor's loan, allows the loan to be reinstated, and results in a payment the mortgagor can afford. Question 1: In utilizing the Loan Modification option to bring an asset current, can the...

 Source: HomeServices Lending Market Update "I'M MELTING! MELTING! OH, WHAT A WORLD, WHAT A WORLD..." ...Wicked Witch of the West, Wizard of Oz 1939 Well, the Wicked Witch certainly knew a thing or two about meltdowns.  The headlines are now full of news from the mortgage and real estate front of...

Source: Charlotte Business Journal - March 9, 2007The McAlpine Group is drawing plans for a $70 million, 130-unit townhome project in south Charlotte, hoping to capitalize on the area's rapid growth. The unnamed project, proposed for an 18-acre site at Providence Road West and Old Ardrey Kell Roa...