17
Jun
Author: real estate / Category:
Buying
A challenge that many current homeowners face is that they do not want to sell now because this is such a bad market for sellers. Many people need the profit from their current home to be able to afford to buy another one. This is not so much a challenge, as it is an opportunity, if you have equity in your home and you know how to use it.
Get a low interest rate home equity line of credit for the home that you are in. There are many opportunities for getting great home equity loans right now with no closing… Continue reading
Tags:
home loan,
Foreclosure
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17
Jun
Author: real estate / Category:
Buying
When you’re in the market for a new home, there are endless things to consider. First, you want to find the right house…something with enough room to grow, something that suits your taste and budget. But more importantly, you need to consider the neighborhood. If you buy in the wrong neighborhood, even the most perfect home will soon become a source of resentment.
Real estate agents are always pushing location. They know that purchasing location is more important than purchasing square footage, style and status. They know that a small, squat house in a desirable neighborhood beats a mansion in a… Continue reading
Tags:
real estate agents,
Real Estate Agent
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17
Jun
Author: real estate / Category:
Buying
Destined to become the “Diamond” of Collin County between by 2035 there are big plans in store for the master-planned city of Prosper.
How much can you improve on a town that throughout years of steady growth, still maintained its small town charm, and provided quality amenities to its residents. This includes one of the most sought after public school systems with s student-teacher ratio of 12:1.
A large growth spurt is in the cards for Prosper. In fact, it’s estimated that the current population of 7,116 will reach almost 85,000 by year 2035. Reports at a recent Economic Development Meeting in… Continue reading
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17
Jun
Author: real estate / Category:
Buying
When buying investment property, you should always consider land speculation. A lot of people have heard stories about how someone got rich speculating on land. Sometimes we hear stories about how someone just missed out on the investment opportunity of a lifetime by passing up on buying that land.
Here is a story from my own family: When the first generation of my family came to America, they worked very hard to save enough to buy a property. All the children wanted to buy a big piece of land outside the city. The parents nixed their plan, however, since you could… Continue reading
Tags:
buying investment property
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17
Jun
Author: real estate / Category:
Buying
The first question you have to ask yourself is are you looking for a new home for sale or a home that is just “new to you”.?There is a big difference.
A “new home” is one that is Brand New and you are the first owner of the home, whereas if someone has already lived in the home, the home may be “new to you” but it is not a “New Home”
One of the most valuable resources you can use to find a new home for sale is a Real Estate Professional.?Most real estate professionals will have search resources on their… Continue reading
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17
Jun
Author: real estate / Category:
Buying
The $8,000 tax credit, to be valid, must close by and/or before November 30, 2009. Even though the government has stated the monies can be used towards closing costs, the lenders do not presently have a plan in action to provide bridge loans at this time. This could change rapidly. There is talk about extending it to all buyers.
There is also talk about extending credit to $15,000. If you are a first time home buyer in particular at this point please keep the above information at hand.
The tax credit can not be part of the 3.5% needed in funds to… Continue reading
Tags:
Lease,
mortgage
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