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short sales: Conventional Rates in Irving TX drop below 4% - 10/08/11 11:31 PM
Interest rates for a Conventional 30yr-fixed drops below 4% for the first time in history! This is great news for First Time Home Buyers looking for Irving TX Real Estate, who maybe doesn’t want to go through the stricter guidelines of an FHA loan.
Even the 15yr-fixed loans, popular among existing homeowners wanting to refinance fell to an all time low according to GSE’s market analysis. Freddy Mac’s chief economist, Frank Nothaft said the decline in fixed mortgage rates was due to the sharp drop in 10-yr Treasuries.
Lower rates and lenient guidelines… what could be better? Looking for a great deal? … (2 comments)
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short sales: The Sky Is Falling! - 09/23/11 07:36 PM
NASA has a decommissioned satellite that is heading towards earth and scheduled to land somewhere in the USA. The exact time and location is still undetermined. According to NASA, this satellite will begin it’s decent on Friday (9/23/11) or early Saturday (9/24/11), EDT. I just hope it doesn’t land in Irving Texas. This thing is the size of a bus, weighing in at around 6-tons! So heads up everyone!!!
Satellites aren’t the only thing dropping these days. Interest rates are still at an all-time low. Consider the latest announcement from the Texas State Affordable Housing Corporation (TSAHC), an interest rate of … (2 comments)
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short sales: The Lesser of Two Evils – Short Sales - 08/13/11 01:19 PM
In this case, I refer to the lesser of two evils as a short sale. Not only in Irving TX, but all across this nation banks and homeowners are at the ends of this dilemma. The first "evil" being that a homeowner is no longer able to continue making their mortgage payments. Sadly, 1-2 out of every 10 homeowners is completely unable to make his/her mortgage payments, and is already in foreclosure proceedings. While, 3 out of 10 are struggling to keep up with their payments, and just a matter of time before they also face foreclosure. This average continues to grow at … (1 comments)
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short sales: Irving TX Short Sales - What's Involved In a Short Sale? - 06/16/11 04:59 PM
What’s Involved in a Short Sale? If it’s been established that a homeowner needs to sell to avoid a foreclosure, a Short Sale may be the best choice over other options. So what exactly is involved in a Short Sale?1. Lender Request – most lenders now have an assembled package (forms) of what documents they need to see, before they decide if the homeowner qualifies for a Short Sale. This can be requested by contacting the lenders Loss Mitigation dept. Some professional Realtors also carry acceptable forms of these documents. 2. Letter of Authorization – before any profession assistance can be … (11 comments)
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short sales: Irving, TX Short Sales - What Is a Short Sale? - 06/03/11 05:50 PM
Irving Tx Short Sales - What Is A Short-Sale?
Short Sale Specialist - Diego Marin, Realtor®"Straight Talk.... Real Results"Irving, TexasWell, let’s first discuss why someone would need a Short Sale. Let’s say that things are going just peachy for you, you’re employed and although it takes two incomes, you’re able to cover your financial responsibilities and still have a little bit to put away. Suddenly one of the “financial” providers loses their job, or gets a life changing illness, making them unable to work. These are considered to be a life changing “hardships” in an otherwise normal situation. It often leaves … (0 comments)
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short sales: FORECLOSURES - Avoidable? - 11/20/09 08:29 PM
So you have a two family household income. You have two kids in school and life is good. You come to work, notice a memorandum in your inbox and it states "due to the fact' then mentions something about "cutbacks"... no doubt you start to think about your situation with the company... will you be effected? Emotions run high, and you can't concentrate on your work... and then the saga begins.
Aside from making your mortgage payments, what are your options? We all know payments have to be paid, but if a "wrench' like a layoff comes into the picture, what do we … (2 comments)
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Diego Marin - Irving TX Short Sales
Irving,
TX
More about me…
Champions Real Estate Group
Address: Euless, Bedford, Hurst, Grand Prairie, , Dallas/Oak Cliff, Las Colinas, Hackberry and all of, Irving, TX
Office Phone: (877) 846-2612 x 7
Cell Phone: (972) 877-0835
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