Raleigh Mortgage News

FACT:  It is in your best interest to have a Buyer Agent represent you whether you purchase a new or existing home.

Myth:  If I go directly to the Builder Rep or Listing Agent - I will get a better deal. WRONG.  Did you know the Builder Rep and Listing Agent are being paid by the Seller to represent them and get them the best deal for the Seller/Builder? Did you know if you go directly to the Builder Rep or Listing Agent they will most likely get paid double commission for NOT representing you? 

Fact: The Listing Agent/Builder Reps are there to sell the Seller or Builder's home at the BEST price for the Seller/Builder.  They will not tell you what is wrong with house, the lot, or the neighborhood.  I have seen this happen many times over the years.  They cannot advise you when making an offer on things such as price, closing costs, upgrades, and other important things.

Question: So why would you NOT want a Buyer's Agent to represent you (and not the Seller) when there is no cost to you? 

Note: The Commission has already been set by Seller/Builder with the Listing Agent/Builder Rep.  The Seller pays the Buyer Agent.  So if you do not have a Buyer Agent then the Listing or Builder Rep makes more.  Talk about taxation without representation. 

If you do not have a Buyer's Agent and would like a Recommendation, then please Call/Email me. Mobile: 919-614-0388 or Email:  natalyahill@bellsouth.net.  I will connect you with an Experienced Buyer's Agent that can help you find your dream home and negotiate the BEST deal for you at NO Cost to you!! 


Posted in:General
Posted by Bobby Hill on September 6th, 2014 9:09 AM

What is Rate Alert?  It is a service some lenders use that provides them with real time MBS (Mortgage Backed Securities) Trading updates as to what is going on with the Bond Market. There are other companies that offer a similar service.  These type companies charge the lender to provide the updates and news feeds but it is well worth it for their clients.

Why is it important for the lender to use a service like this?  It provides the lender with information on what is going on in the market so they can advise their clients to lock or float their rate.  This allows the client to lock into the best interest rate at the best time.  Many times it can save their client thousands of dollars.

If you have questions, please feel free to contact me at: natalyahill@bellsouth.net or call 919-614-0388.

Posted in:General
Posted by Bobby Hill on April 21st, 2014 4:19 PM
Posted in:General
Posted by Bobby Hill on December 4th, 2013 12:29 PM

I recently found this video that although humorous reflects many truths.  Hope you enjoy!  http://youtu.be/4rif6r0vwyE


Posted in:General
Posted by Bobby Hill on June 22nd, 2013 6:03 PM
Posted in:General
Posted by Bobby Hill on June 1st, 2013 11:00 PM