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mortgages: Evictions are not a pretty sight - 12/16/10 12:36 PM
Possessions and people are being discarded and too many are getting used to this sight:



Rent or mortgages have not been paid in months and the inevitable happens...eviction!  What happens to these possesions people can't or won't haul out of their dwellings?  Scavengers ransack the spoils and the rest blows in the wind.  We can only surmise where the people fled and how they are now living.
It's a vicious clycle; buyers or renters lose their jobs and can't pay to stay. Landlords need their rent money to make payments or risk losing their property.
Just look at what … (22 comments)

mortgages: A Good Agent Can Make The Difference - 08/31/10 07:20 AM


There are many homeowners wanting to make a move to a larger home due to an expanding family or to a smaller home as family members grow up and move on.  It's a perfect time to choose a new lifestyle with home prices lower coupled with historic low interest rates.
A home I listed is for the desire of my seller to purchase a larger home, in a better school district after their home goes under contract.
Guiding them through the process to ensure their goal is a priority.  It's not rocket science but it does take planning and perserverance … (12 comments)

mortgages: Beware The Last Minute Credit Check - 08/30/10 12:33 PM
Your buyer may have found the home of their dreams,  made an offer, gotten loan approval and feel it is time to celebrate!  Before they pop that cork on their bottle of champagne they need to beware of opening any new lines of credits or moving forward on purchases of new furniture and appliances.  They could be putting their loan in jeopardy and as their agent you need to remind them of this pitfall.
This past June mortgage giant Fannie Mae launched a "loan quality initiative" that requires lenders to get credit reports for each mortgage transaction at two different times, … (18 comments)

mortgages: I Didn't Ask For You To "Show Me The Money", I Said "Show Me You Can Get The Money!!" - 07/22/10 06:35 PM
I was reading several blogs this morning and the one Judi Barrett with Integrity Real Estate wrote on Homebuyers needing to get qualified: " Home Buyers, Please Don't be Offended... Just get Pre-Qualified. " stuck with me throughout the day.  We all get calls from buyers wanting us to show them houses.  Sellers want to make sure their homes are being shown to qualified buyers.
It is our jobs as professionals to make sure a buyer has taken the time to get pre-qualified so we are showing homes to them they can afford and for what they are qualified to purchase given … (98 comments)

mortgages: FHA Requirements as of January 1, 2010 - 11/24/09 12:54 PM

 
Marie Funston with Coldwell Banker Mortgage always keeps us updated on changes in the lending industry (which this past year has been numerous).  For further information you can reach her at 512-750-7270 or marie@austinmortgageadvisor.com. Her latest advisory is about the new FHA Requirements being implemented as of January 1,2010:
Effective for FHA case numbers issue as of January 1, 2010, there are new requirements for FHA case numbers affecting all lenders originating FHA-insured mortgages:
The new FHA requirements are in line with the Home Valuation Code of Conduct (HVCC), which became effective May 1, 2009, on conventional loans.
Here … (2 comments)

mortgages: WHAT IS BEHIND THE FAUCET??? - 01/27/09 04:26 PM

 
In today's news we are bombarded with negative...negative reporting concerning drastic sliding home prices and mortgages unable to be obtained by consumers.  There appears to be no rays of hope ahead!  It's hard to understand because in Austin we have steady job growth, lower builder starts ( a whole other issue) but a bustling economy.
According to Alamo Title in the month of January our listing inventory is down 32.12% compared to January of 2008.  Taking the week of 1/18-1/24/09 there are 10,311 active listings as compared to 10,219 during the same week in 2008.  That is only a … (26 comments)

 
Dorie_022 Rainmaker_large

Dorie Dillard Realtor® Canyon Creek NW Austin TX homes for sale

Austin, TX

More about me…

Coldwell Banker United Realtors

Address: 9442 N. Capital TX Highway, Plaza One Suite 600, Austin, TX, 78759

Office Phone: (512) 346-1799

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Welcome to my ActiveRain real estate blog and profile. I'm a Realtor with Coldwell Banker United and specialize in NW Austin. Once a school teacher I still like the learning process. Only now I enjoy learning what dreams my clients have and what I can do to help them. Dorie Dillard, Real Estate Professional in Austin, TX

Dorie Dillard

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