Pearland Area Real Estate Expert

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: ...

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 ...

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 ...