Pearland Area Real Estate Expert

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? ...

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 ...

A strong financial history can be the key to securing a mortgage loan when buying a new home. Even if you can purchase a home with little or no money down, you still need a strong credit history to pay the balance. And, although you can't erase decades of poor credit in a week, there are steps you can take-before you apply for a loan-toward ...

There are some misconceptions out there—beliefs about the real estate business that could affect your decisions when buying or selling a home. I’d like to clear up some of the most widely held misconceptions about how real estate really works.There is no standard commissionThis is a big one. Despite media claims about “standard ...

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 ...

By Bradley Keoun May 22 (Bloomberg) -- Fremont General Corp., whose loans to risky borrowers helped trigger the subprime mortgage crisis, will sell its commercial real-estate unit for $1.9 billion and bring in new managers led by billionaire banker Gerald J. Ford. IStar Financial Inc., a real-estate lending and leasing company, will buy the ...

By John Tompkins The Facts Published February 11, 2007 Local non-profit groups might be turning out the lights on rent and utility assistance programs offered to low-income residents in Brazoria County. About $120,000 in funding provided for rent and utility assistance programs was cut by the Federal Emergency Management Agency for 2007. The ...

TEXAS (San Antonio Express-News) – Texas regulators have ordered title insurers to reduce their rates by 3.2 percent effective Feb. 1. The order, signed by Texas Insurance Commissioner Mike Geeslin, will cut the cost of title insurance for a typical $100,000 home to $843, compared with $1,023 in 1998. In the last eight years, Texas has ...