Real Estate By The Book
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ARCHIVED BLOG POSTS
2008
We live in troubling times. Many Dallas homeowners are having difficulty paying for their homes. The number of foreclosures rise each month and it looks like things will get worse before they get better. Most Dallas homeowners who are behind on mortgage payments aren't as lucky as Ed McMahon, the...
08/30/2008
Existing-home sales rose from the first quarter in 13 states, largely from buyers responding to discounted home prices, according to the latest quarterly survey by the National Association of Realtors®. Nearly one-quarter of metropolitan areas showed rising home prices in the second quarter from ...
08/28/2008
Before lending you a large sum of money to purchase a piece of Dallas real estate, it is understandable that your lender will want to know a little bit about you and your ability to pay back the loan. If you are a first-time Dallas homebuyer, or if it has been a while since you last spoke with yo...
08/19/2008
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In the current Dallas real estate market, there has been a lot of buzz around "short sales." What is a short sale, exactly? A short sale is when a lender agrees to accept a mortgage payoff amount less than what is owed in order to facilitate a sale of a property by a financially distressed owner ...
08/15/2008
You have probably heard, last week President signed into law the Housing Rescue and Foreclosure Prevention Act. This is the most comprehensive housing bill to be enacted in over a decade. The bill is designed to help more buyers of Dallas real estate realize their dreams, as well as, boast the st...
08/12/2008
President Bush signed into law this week The Housing and Economic Recovery Act. This is the most sweeping change to housing reform since the New Deal of 1934. It is designed to assist more Americans invest in home ownership and shore up the faltering housing and mortgage markets. Like any legisla...
08/07/2008
If you have been trying to sell your Dallas real estate recently, you probably have realized that this is not the ideal time to try to sell a house. With a struggling economy and negative media surrounding the housing market, homes are staying on the market for longer and longer as fewer buyers a...
08/05/2008
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If you love to run... or just prefer to watch others do it, then join us, this Saturday, August 9th, at the third annual McKinney Historical Run. This event is a 5K for runners or walkers. The course takes you on relatively easy terrain through McKinney Historical District, beginning at the Old L...
08/01/2008
