Blog

April 6, 2009

Mortgage interest rates make history

The recent announcement of the Federal Reserve’s intentions to purchase Treasury securities over the next six months has pushed mortgage interest rates down to levels so low that the rates are making history.   Rates so low that 30 year fixed home mortgages are below 5% and who would have guessed that?   Certainly not the manufacturer of Rick’s (my working partner and […]
April 3, 2009

Home Buyers Beware – what a Sellers Disclosure does not tell you!

Pursuant to Texas Property Code 5.008, sellers of residential real estate shall deliver a Seller’s Disclosure Notice to the buyer containing the minimum disclosures of the seller’s knowledge of the condition of the property.  When you are considering purchasing a Spring Texas home, a sellers disclosure is a good source of information to learn about the condition […]
March 29, 2009

10 Tips for Spring Texas first-time homebuyers

If you are thinking about becoming a Spring Texas first time homebuyer, here’s 10 tips for you: 1.  Be choosy but don’t be unrealistic. The only home that comes close to being perfect is one you design and build yourself and still later you will think of things you would have done differently. 2. Establish your […]
March 26, 2009

Discover Mercer Arboretum & Botanic Gardens

Encompassing over 300 acres of East Texas Piney Woods along Cypress Creek is the nationally recognized Mercer Arboretum & Botanic Gardens.  On the east side of Aldine Westfield is where the over 20 acres of Botanic Gardens, courtyards, and the Visitors Center are located. To avoid missing a single garden, stop by the visitors center and pick […]
March 22, 2009

Sellers Leaseback – Should you get one?

What is a sellers leaseback?  A sellers leaseback is a temporary residential lease between the sellers and buyers whereby the sellers lease back the home they sold from the buyers for a short period of time. Why would a Spring Texas home seller want a sellers leaseback? – If you need the funds from the sale of your […]
March 17, 2009

How to come up with a down payment for your first home

You have heard about the first time home buyer tax credit and you want to take advantage of it by purchasing your first Spring Texas home.  But there is only one small problem, 100% financed mortgage loans are no longer available and that means you need to come up with a down payment. So how […]
March 15, 2009

Spring TX Real Estate: Market Report February 2009

The latest MLS numbers for the Spring TX Real Estate market have been released and the numbers have provided no real surprises. Buyers were just not in the home buying mood during the month as evidenced by 32% less sales versus the previous year.  The months of inventory in the over $500,000 price ranges are at […]
March 12, 2009

Spring has arrived

I know it is not officially Spring yet since that occurs on March 20th but there are enough signs of Spring for me to say “Spring has arrived in Spring Texas”.   The trees have new buds, my daylillies are poking their heads up, the Azaleas are in bloom, and blue bonnets are transforming some of our medians into […]
March 8, 2009

Spring Forward

Today starts daylight savings time. Time to Spring Forward and turn your clocks ahead 1 hour.  An extra hour of daylight means I can show homes after my clients get off work during the week without stumbling around in the dark. And that is a good thing.  Not because Spring Texas homes are spooky but because homes look very different at […]