Home Buying Tips

January 24, 2011

There’s more to consider than just your commute to work

Would your annual transportation costs be less if you lived in a home in Magnolia or in Spring Texas?  A tool named Abogo can help you answer the question. I used Abogo to calculate the monthly transportation costs based upon the address of our Better Homes and Gardens Gary Greene offices at 8817 Louetta Spring Texas.  […]
January 21, 2011

Life’s good until …. Shortage in the escrow account

18 months ago you bought a new construction home in Spring Texas. You moved in, bought new furniture, painted a few rooms, and made it your home. Life was GOOD! Until the day you received a notice from your lender, demanding $9,000 due to a shortage in your escrow account. Your first reaction is what the […]
January 19, 2011

What the heck is a QR code?

Have you heard about QR codes?  If you haven’t, you will soon. Ralph Lauren, Pepsi, Coke, and McDonalds have been using QR codes in their advertisements in Japan for years.  But 2011 will be the year QR codes finally invade the U.S. A QR (Quick Response) code is a 2 dimensional code that is readable […]
November 12, 2010

Where are mortgage interest rates headed?

I wish I had a crystal ball that I could gaze into and ask the question “Where are mortgage interest rates headed?”  But since I don’t I will have to refer the question to the National Association of Realtors (NAR) and the Mortgage Bankers Association (MBA). Both the NAR and MBA agree […]
November 1, 2010

FHA and VA minimum credit scores increase

Have you already been pre-approved for an FHA or a VA loan but you haven’t found the right Spring Texas home yet?   The bad news is that as of November 1st, 2010, you may no longer be pre-approved. Why??  Because many investors are increasing the minimum credit score requirements […]
October 28, 2010

What is a split floor plan?

In a Spring Texas home with a split floor plan, the home’s bedrooms are not all located together.  The master bedroom is located away from the secondary bedrooms. Click on the photo to the right to view a split floor plan.   Homes with split floor plans are popular with buyers because the separation between the bedrooms […]
October 26, 2010

How lower interest rates increase your buying power

Mortgage interest rates for loans on Spring Texas homes have been sitting at historical lows for quite a while now.  Back in 2003 which is not that long ago, mortgage interest rates were 6.25% while today’s interest rates on 30-year loans are 4.25%. The lower the mortgage interest rate the more buying power you have. […]