Buyer’s remorse is a perfectly natural thing to go though when purchasing a house. Most of the time it is the largest single purchase we have ever made. Especially for first time buyers. A first time buyer could be making a purchase in excess of 10 times larger than anything else they
HUD has issued a letter that outlines changes starting as of April 1, 2012. There are a few changes, but the most important one to most borrowers is shown below in an excerpt from the HUD letter. In summary, Starting with FHA case numbers pulled on or after 4/1/2012, loans
Zero down loans do still exist, that’s right, they do! To get a zero down loan, you must use a loan program offered by USDA, the U.S. Department of Agriculture! Most loan officers or banks can help with figuring this out, but if you have any questions, please contact
Searching for a home requires looking at the Austin School Ratings. Even if you don’t have a child, knowing about the school your home is zoned to can help you make a good buying decision. Location, location, location, those are the hardest things to change about a house. And
You start looking online for homes. The problem is how do you know what you can afford? What is your credit score? How much debt do you have compared to your monthly income? Well, that’s where we can point you in the right direction. A majority of people purchasing
DO’S AND DON’T’S FOR BUYERS During the processing of your loan there are certain “DO’S” and “DON’T’S” which may affect the outcome of your loan request. These “DO’S” and “DON’T’S” remain in effect until your loan is approved, closed and funded. We suggest you comply with this list,
Thanks to TV channels like HGTV and magazines like Better Homes and Gardens, home buyers want updated homes. They want the newest and greatest. One request I hear all the time is “as long as it has granite counters”. Some of my clients could care less where the house
In the past 12 years, the net worth of the typical home owner has ranged between 31 and 46 times that of the net worth of the typical renter.
For the last few weeks the news media has been talking about education. A whole half hour live the interview with President Obama this morning on the subject. Things in Texas are much different from the situation in the North East, where the discussion focused its attention, it is still important to check out the school system before you buy you next home. To the right are some quick links to the local independent school district websites. If you want more detail you can check out our Great Schools page. There you can find ratings on all the schools in the area. For the last few weeks the news media has been talking about education.
Recently I have been getting a lot of questions about buying vs renting a home. The current economic environment has led many people to think renting is better than buying. After all no one wants to put their money in an asset class that may decrease in value. Throwing away money on rent seems like the lesser of two evils.