DFW and Flower Mound's Latest Trends, Market Conditions and Events. Tips for Home Buyers, Sellers & Friends along with fun facts and ideas. Directly from your Neighborhood Real Estate Expert. Link to Search Homes for Sale with information updated daily.
It's great to know Texas is one of the strongest States in this tough economy. Take a look at this video and you'll know why we not only live in a great place but why you should be proud of living in a wonderful place. And if you don't live here already it's time to think about it.
“Texaplex” was created to describe the booming triangular region of Texas that contains 75% of the state’s population. Watch the video and see why everyone is talking about the Texaplex. Click on the link below or cut and past the link.
Do I buy or do I wait… Is the question everyone asks. Is the timing right? Interest rates are at their lowest and houses are priced aggressively lower than recent years. There are reports the housing market has hit bottom. You may have already missed the bus. And if you are a first time home buyer... absolutely!
November is quickly approaching and we’re nearing the end of the $8,000 first-time home buyer tax credit. As I was looking at my calendar today I realized we are about a month away from the November 30th deadline for the Tax credit. While it may seem as though there are 6 weeks left to take advantage of this government incentive, many people do not realize that the tax credit is only available if the transaction is completed on or before the expiration date. Keeping in mind that the closing process could take 30-45 days, first-time home buyers have a little less than 10-15 days to find their dream home and sign a contract.
Four Essential Steps to help consumers go into closing by November 30th:
Find A Qualified Real Estate Agent. A real estate agent will arrange showings; keep track of the properties visited, and can help identify suitable lawyers, mortgage lenders and home inspectors. Remember, an agent is an expert that can negotiate the best price and incentives on a home. They can also keep the process on track to ensure that closing on the new home occurs within the deadline for the $8,000 tax credit.
Know before you go. Separate the “must haves” from the “wants.” Our website is available to help consumers compare home prices, learn about neighborhoods and view what is on the market. See: www.ZipRealty.com/agent/tsantiago
Compile your paperwork. Lenders require a number of items from potential home buyers so it’s best to be prepared. Pull together the following documents for yourself and any co-applicants on the loan:
Get Your Pre-Approval. “Pre-approval” means that a lender has verified the borrower's credit and other credentials and is committed to making a loan. Getting this early green light will put you in a stronger position with sellers by demonstrating that you are serious and well-qualified.
