Owning a home is a great opportunity that comes with many advantages. A significant percentage of homebuyers opting to finance, in this blog, we will provide the TOP THREE DON’Ts BEFORE CLOSING Do not apply for new credit Do not change jobs Do not transfer large amounts of money to your bank account without a …
When buyers are shopping for a mortgage, they wonder which is a better term, i.e., going with 15 years or 30 years note. The answer depends on the buyer financial situation. Indeed, a 15 years term will have a lower interest rate but higher monthly principal and interest (P&I). On the contrary, a 30 years …
Your dream to move is only days away, and you are very excited. Rightfully so as you searched for many homes, made an offer, went through the process of applying for the mortgage, etc., There is one crucial process right before closing called buyers’ final walkthrough. What is buyers’ final walk-through? As the name states …
Spring is here in North Texas! Blue skies, sunny and mild temperatures. Many families make an important decision to sell their home. These decisions are driven by factors like upsizing the home, downsizing the house, reduce job-related, be close to family and friends, etc., Based on our experience three critical factors affect the sellability of …
If you are a property owner in the state of Texas, watch Poogle explain and detail on how you can save money on property Taxes. HOMESTEAD EXEMPTION FORM: COLLIN COUNTY DALLAS COUNTY DENTON COUNTY TARRANT COUNTY
Your offer to purchase a property was accepted by the seller and you are wondering what your commitments are. If your agent has used TREC One to Four Single Family residential contract, you have to full fill two financial obligations in order to avoid a breach of contract. ONE Pay option money (OM) TWO Pay …
The answer is probably no if you are buying your fourth or fifth new home. A new home purchase is a complex process involving many entities like the builder, designer, architect, lender, title company and inspectors. The onsite sales representative/counselor is an employer of the builder, and his/her loyalty is only to his employer NOT …
Seems to be a simple question to answer. In theory, when one holds a real estate, it means the land, the improvements to the land (structure), the space above and the minerals beneath the land. In some cases, minerals rights might be owned by one or more individuals or a corporation. What this means is …
Every few years it’s interesting to review predictions about real estate cycles. The basic pattern of a real estate cycle is Recession, Recovery, Expansion, Over-supply, and Recession again. We’ve seen this playing out in real-time since 2008, when the market fell into a deep recession, followed by a robust recovery and a still-happening expansion. Eventually, …