Home Buying Tips

August 15, 2010

Is your Real Estate Agent pushy?

Here’s a fun YouTube video on pushy real estate agents. Rick and I are not pushy real estate agents. As buyers agents, we will show you any house on the Spring Texas real estate market you would like to view.  We work hard to help you find and purchase the right house for your lifestyle […]
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August 11, 2010
Accepting property as is

Accepting property in its present condition doesn’t mean you can’t ask for repairs

In section 7 of our Spring Texas real estate contract the touchy subject of property condition is addressed. Buyers, sellers, and Realtors seem to generally understand the majority of the items in this section. That is until they reach 7.D. ACCEPTANCE OF PROPERTY CONDITION which is where confusion takes over. In section 7.D., Spring Texas home […]
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August 7, 2010
Mortgage insurance premium fha loans

Monthly payments on FHA loans increase on October 4th

Earlier this year, the FHA increased the upfront mortgage insurance premium from 1.75% of the loan value to 2.25%. Now the FHA has decided to reduce the upfront mortgage insurance premium from 2.25% to 1% and increase the annual premium from 0.55% to 0.9% on loan to value (LTV) ratios […]
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July 10, 2010
Spring Tx new homes

Home size declines; buyers demand for 1 story homes increase

The National Association of Home Builders announced that builders are listening to buyers preferences and constructing smaller homes. After nearly 30 years of increases, the size of new single-family homes built experiences its first decrease. The nationwide average of 2,438 sqft for homes built in 2009 is about a 100 feet smaller than […]
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June 30, 2010

Is now a good time to refinance?

With the interest rates for 30-year home mortgages at 50 year lows, NOW may be not only a good time but a great time to refinance. What’s in store for mortgage interest rates?  According to the Mortgage Bankers Association you should expect interest rates to steadily rise. But does low interest rates and a predicted rise in interest rates […]
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June 17, 2010

Mortgage Rates to slowly increase

The Mortgage Bankers Association (MBA) economists have revised their mortgage interest rates projections and are now predicting a slower than anticipated increase.  The interest rate for 30-year mortgages are still projected to be in the high 6% range by fourth quarter of 2012.  The revision is in how quickly the 30-year mortgage interest […]
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