CIMG Friends & Neighbors,
As we’ve mourned and reflected on the unconscionable deaths of George Floyd, Ahmaud Arbery, Breonna Taylor, and many others over these past few weeks, we wanted to ensure that our statement of outrage was coupled with a substantive action plan. We aim to walk the thin line between ceding the stage and listening, with our responsibility to use our platform to bring about change.
We see ourselves as a small business with a big responsibility to our communities. As you know, we live where we loan, and it’s been heartbreaking to see so many of our friends and neighbors hurting over these past few weeks. We want you to know that we see you, we hear you, and that Black Lives Matter.
We’ve thought a lot about housing, and the support and stability that comes with it. Unfortunately, this piece of the American Dream is not immune to discrimination and racism. In North Carolina, between 2000-2018, the most common basis of discrimination listed in official complaints was racial discrimination.
Which is why we’ll be donating to The Fair Housing Project of Legal Aid North Carolina, who works to eliminate housing discrimination and to ensure equal housing opportunity for all people through education, outreach, public policy initiatives, advocacy and enforcement. In addition to our immediate donation, we will be annually supporting this fund with the full understanding that systemic change will only occur through multi-generational efforts of education, financial support, and social advocacy.
We encourage you to learn more about this incredible organization and, if you’re able, make your own contribution to their important cause. www.FairHousingNC.org
Jeremy M. Salemson
Chief Executive Officer
Corporate Investors Mortgage Group, Inc.
As an experienced realtor, you know immediately when you step in the door of a listing clients home what the market will bear. Unfortunately, many times the homeowner is wearing blinders, in denial about what their home will fetch, or simply unrealistic about how they are valuing their home.
This can make for a difficult conversation and selling process. Pricing the home too high will see it sit, even in this brisk market Raleigh-Durham is enjoying this spring. A home in North Raleigh is experiencing this right now.
Interest rates are expected to remain very volatile for the rest of the 2013 year, and into 2014.
In addition to this news, the USDA has changed property eligibility guidelines. This means that in Wake County – some towns are no longer eligible for a USDA loan.
The main affected areas include Wake Forest, Knightdale, Holly Springs, Fuquay Varina, and Clayton. A small section of Wake County is still eligible – north of State Route 98 and west pf Camp Kanata Road, also north of Purnell Road. Lizard Lick is eligible.
All of Granville and Franklin counties are eligible EXCEPT Wake Forest in those two counties.
For more information, contact Dan or Allison today.
If you’ve been waiting it out to get pre-qualified to buy a new home, think of 2013 as your last chance to act.
Seriously – sure, you can do it next year. Or the year after. Right now though, interest rates are expected to remain volatile for the new few months and into early 2014 – so right now you can still get some great rates and lock in a lower rate with some of our great loan programs like Lock and Shop.
In our area, property values are climbing creating another good reason to buy – if have been on the fence about making the move.
With good credit, persistence and some shopping skills, you can still snag phenomenal deals this year.
Forbes Ranks Raleigh NC as No. 2 Biggest Boom Town in U.S.
Raleigh has experienced the second-highest overall population increase and the third-highest job growth over the past two decades in the U.S.
It also ranked among those regions seeing the biggest jump in new immigrants and is the No. 1 city for families with young children. The area is a magnet for technology companies fleeing the more expensive, congested and highly regulated northeast corridor.