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? ...

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: ...

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 ...

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 ...

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 ...