Home Buying Tips

When inputting the listing of a Spring Texas home for sale in our local MLS, we are provided with four options from which to choose as the source of the square footage. The options are builder, seller, appraisal, or appraisal district. Since there is no common standard for calculating square footage, it is easy to understand how four different sources would yield […]

A little over two weeks ago, I wrote about a substantial 1% drop in the Mortgage Interest Rates. The decrease in the interest rates was the result of the Federal Reserve’s announcement of their purchase of $600 billion of mortgage-backed securities backed by Fannie Mae, Freddie Mac, and Ginnie Mae. The mortgage interest rates took another […]

My Christmas gift from our HOA (Home Owners Association) has arrived. Each year around the first of December, my HOA sends me the same old thing. So by now all the anticipation and excitement is gone. The gift from my HOA is the bill for our annual HOA fee. This year’s bill was the same as last year’s […]

If you have been sitting on the fence and waiting for the mortgage interest rates to go lower before purchasing a Spring Texas home, the time to ACT is NOW. Last week after the FED announced they would purchase $600 Billion of Mortgage-Backed securities backed by Fannie Mae, Freddie Mac, and Ginnie Mae, the mortgage […]

$10,000 discount on selected homes, $15,000 decorator allowance, $10,000 towards closing costs, $2,000 gift card  … all of these are forms of incentives Spring Texas home builders are offering to attract buyers. But does a big discount equal a good deal on a home? The builders certainly want you to think so. And home buyers, you want […]

It seems like every couple of days I hear about the government bailing out this company or giving this other company a loan. I am to a point that I want to know what I have to do to get a government loan.  Because after all if the government is giving out money …. I want some too. You probably have not […]

FALSE.  All real estate sites DO NOT have the same listings.  In addition to real estate sites missing active home listings, their listing data contains OUTDATED PRICES and homes no longer on the market. Say it isn’t so Batman. Well, I am not batman but it is the TRUTH.  A recent survey performed by WAV Group for Roost.com identified the inaccuracies […]

If you thought you missed out on the lower minimum down payment for FHA loans, don’t worry due to a postponement you still have time. The minimum down payment for FHA loans which was scheduled to increase from 3% to 3.5% on October 1, 2008 has been postponed. The revised effective date of the increase […]