While vacation rentals are far and few between within the Asheville city boundaries, outside of the city limits there are many short term rentals within Buncombe and the surrounding counties of Western North Carolina. So while rare, it's important to consider the following scenario... You live …
Budgeting for Closing Costs
Saving for a down payment in preparation for buying a new Asheville, NC home is pretty common knowledge. With the mortgage meltdown, most mortgages that allowed zero down payments disappeared. While FHA and VA loans still offer little to no money down, most potential homebuyers will need to save at …
What Is Manual Underwriting?
Manual underwriting is how all loans were evaluated before computer algorithms took the human logic out of the process. Simply stated, a loan that is manually underwritten is one where a person evaluates the file for the borrower’s ability to make the loan payments. For those who have had credit …
