Monday, July 25, 2011

I Want a Bigger/Nicer Home but...Is a Good Time to Sell in Lake Ray Hubbard TX Area?!?

YES, it IS a great time for you to sell so you can buy that Bigger/Nicer home you want!
There are homeowners that would like to have a larger/nicer home but are patiently waiting for the market to improve. A frequently heard objection is that they can't Sell their Home for what it is Currently Worth.
Believe it or not, it's actually to your advantage to Buy up in a down market because while you might get less for the home you're selling, you're also getting the larger home for less. For instance, if you had to sell a $200,000 home for a 10% discount, you might feel that you left $20,000 on the table. However, buying a $300,000 for the same 10% discount would put you $10,000 ahead on the sale and purchase.
The other obvious matter is that when the mortgage rates increase while you're waiting for the market to improve, it dramatically increases your cost of housing with higher payments. The cost of housing is affected by price and mortgage rates. So though you might be "losing" money selling your current house at a lower price, you're actually saving money and getting a deal!
To accurately evaluate your current options, you need facts and assessment tools that will provide you the information to make an informed decision. Below is an example of one of the assessment tools that I use, that can give you Figures/Numbers to help you decide what's best for you. If you'd like to schedule a FREE consultation, simply send me an email or give me a call.

Monday, July 18, 2011

Buying a Home with FHA Gift Registry

Forget Macy's and Crate & Barrel. Set up your bridal registry at the BANK! That's right, at the Bank and use the funds received for the FHA Down Payment on a HOME. This could be perfect for people getting married who already have their household items and really need help getting into a home. This registry option is also available for other occasions where gifts are typically received by individuals like graduation from college or birthdays.


FHA has had this little known program that allows cash gifts since 1996. It's not difficult to set up and it's available with any FHA lender.
  1. Inform your mortgage professional early of your intention to obtain all or part of your down payment from gifts to the FHA homeowner bridal registry.
  2. Open a savings account at your bank named "bridal registry account" or "gift account"
  3. Friends and family are given account deposit information
Gift registries are commonplace and really benefit both the giver and recipient. Etiquette websites like Emily Post state that alternative registries are acceptable. Couples are now suggesting to friends and family that they want help with their honeymoon, education or furnishing a home.

Let me know if you would like to talk with a Mortgage Specialist to get started on your Gift Registry and/or to get Pre Approved, I'd be happy to recommend someone for you. 

Monday, July 4, 2011

Looking for a WATER FRONT or WATER VIEW home in Rockwall or Heath TX?

Looking for a WATER FRONT or WATER VIEW home in Rockwall or Heath TX?  
· There are 11 homes in Rockwall available for sale in the price range up to $199,999;
·  20 homes in Rockwall available in the $200,000 to $299,999 price range;
·  15 homes in Rockwall & 2 homes in Heath available in the $300,000 to $399,999 price range and
·  12 homes in Rockwall & 26 homes in Heath available over $400,000.
Ø In addition, there are 289 homes for SALE in Rockwall & 101 homes for SALE in Heath that are not Water front property or have a Water view and in the price range of $100,000 up.



Rockwall Texas is known to be one the most progressive cities in the Metroplex & the “live music capital” of North Texas! Rockwall is just 22 miles east of Dallas on I-30 & is on the eastern shore of Lake Ray Hubbard. With a population of just over 32,000, residents can enjoy fishing, boating/sailing, 3 golf courses, 4 marinas, 3 public boat ramps, a yacht club famous for sailing regattas, an award winning Parks & Recreation Program & an Exemplary School District.  http://www.rockwall.com/ 

Heath TX is the sister city to Rockwall TX and is a premier residential community located on the eastern shores of Lake Ray Hubbard. Heath is a growing community and has more than 7,400 residents. Like Rockwall, the residents of Heath enjoy fishing, boating/sailing, 2 municipal parks, Rush Creek Yacht Club (home to the Olympic Gold Medalist Sailors), the award winning Buffalo Creek Golf & Country Club & Exemplary Schools. http://www.heathtx.com/

Do you need a Realtor that specializes in Rockwall, Heath or the Lake Ray Hubbard area? Call or Email me today! Whether selling or buying, today's complex real estate market requires a professional who can structure a transaction to benefit all parties involved and meet their needs. Let me know how I can serve you or your referrals ... because NOW really is a GREAT time to BUY!

WATER FRONT or WATER VIEW HOME in Rowlett TX

Looking for a WATER FRONT or WATER VIEW HOME in Rowlett TX?  
· There are 8 homes available for sale in the price range up to $199,999;
· 8 homes available in the $200,000 to $299,999 price range;
· 4 homes available in the $300,000 to $399,999 price range and
· 7 homes available over $400,000.
ØIn addition, there are 285 homes for SALE in Rowlett, TX that are not Water front property or have a view of the water.


Rowlett Texas truly isthe City on the Water - the City on the Move!”  
Named in the top 25 Best Places to Live by Money Magazine & selected by KaBoom (1 of only 118 cities) to be named Playful City USA! It's easy to see why over 55,000 people call Rowlett home. Life in Rowlett offers a relaxed atmosphere and a quiet escape from the weeks hussle & bussle and cutting the commute time to Dallas with the expansion of the George Bush Turnpike/Toll Road and the Rapid Transit Light Rail (blue line).


Do you need a Realtor that specializes in the Rowlett or the Lake Ray Hubbard area? Call or Email me today! Whether selling or buying, today's complex real estate market requires a professional who can structure a transaction to benefit all parties involved and meet their needs. Let me know how I can serve you or your referrals ... because NOW really is a GREAT time to BUY!