Pearland Area Real Estate Expert

Who Qualifies for the Extended Credit? First-time home buyers who purchase homes between November 7, 2009 and April 30, 2010. Current home owners purchasing a home between November 7, 2009 and April 30, 2010, who have used the home being sold or vacated as a principal residence for five consecutive years within the last eight. To qualify ...

Effective February 1, 2010 the Department of Housing and Urban Development (HUD) will relax FHA rules that prohibit insuring mortgages on homes that are owned by the seller for less than 90 days – a move that could help expedite the rehabilitation and resale of foreclosure properties. Do you want to get into the real estate business? ...

One of the first mistakes first time home buyers make, is to try and buy to MUCH home. As a first time home buyer you may qualify for a lot more home than you need to buy. I advise my clients to buy a home that fits their needs and still allows them to have a quality of life. You need to have a balance between monthly payments of your new ...

If you're already a homeowner, chances are you're familiar with the components of your monthly payment to your lender. If you have yet to make the leap into homeownership, you may not understand what this monthly payment includes. Breaking down PITI There are generally four components that go into the computation of your monthly payment: ...

Unless your bank account can cover a check for hundreds of thousands of dollars, you'll need to borrow money to purchase a house. That's where your mortgage loan enters the transaction. However, you should start the process of securing financing before you make an offer on a home so when the time comes, you'll be ready, willing and ...

Smart buyers know that starting the mortgage process early in their search for a home can make for a much smoother real estate transaction. However, simply corresponding with a mortgage lender before you make an offer on a property isn’t enough. You have two options available to you when you contact a lender: pre-qualification and ...

Could you pay cash for a home? Not many people can. Thankfully, we have mortgages at our disposal to make such a hefty purchase. But we’re all painfully aware of problems in the mortgage industry these days. What does this mean for your planned house purchase?How did we get here? For a time, some lenders were making loans they ...

If you work from home and want to get a new home loan, you could be in for a bit of a hard time.  According to an article in Realty Times, http://realtytimes.com/rtcpages/20071004_mortgmala.htm, Home-based business owners could finding a new home loan very hard to get.   For all of your Pearland Real Estate needs, please visit my site ...

The current upheaval in the market has given rise to significant opportunities to help you make informed decisions.  It is up to you to become an educated seller or buyer. For Sellers, the following points are key:Home values will stay stagnant or potentially decrease. Qualified borrowers are looking for deals.Fewer borrowers are ...

May 18, 2007 -- AUSTIN – An enforcement action brought by Texas Attorney General Greg Abbott has shut down an Austin real estate scam that targeted Hispanic home buyers. A permanent injunction issued by the 126th Judicial Court prohibits Roberto Flores and his Galindo Trust from selling homes to consumers without disclosing that the ...