With the economy in the state it's in and home prices plunging throughout the United States, many more people have found that the equity in their home no longer exists. Without that equity, some lenders will not allow you to refinance. Job losses continue to be in the news and with that, people are finding it hard to stay up to date on their mortgage. The loan modification program didn't turn out how it was designed to work and now people are running out of options. There are rumors of another big wave of foreclosures will hit our (6 comments)
san antonio real estate: Tax credit is coming to an end....
- 03/21/10 03:49 PM
We've been blessed to have a tax credit for first time home buyers and then for move up buyers, but it's coming to an end. there are less than 45 days to take advantage of a great deal, along with historical low interest rates to become a home owner. Don't wait and wonder in a year from now thinking, where were you when interest rates were an all time low and the government offered a great incentive...... Contact your local Realtor today! (8 comments)
san antonio real estate: New listing, Converse Texas
- 10/23/09 10:53 AM
Former model home, MLS 805479, in Converse Texas. 3 bedroom, 2 bath single story home. This home is in great shape and gingerly lived in. Upgrades galore! Office off the master bedroom is a unique addition. This is a great opportunity to have a great starter home at a great price. www.fabailey.com for more informaiton.
(4 comments)
san antonio real estate: Home for sale, 11034 Victors Hill, San Antonio TX., 78254 - MLS 803523
- 10/10/09 06:25 AM
Fantastic 3 bedroom 2 and half bath home located near Fiesta Texas and Sea-world. This home has been completely restored and in great shape. Hardwood floors on the first floor, separate dining room and a great kitchen overlooking the living area for entertaining. Game room up stairs adjacent to a very large master bedroom. This is a home you will love. Great subdivision (Bridgewood) with plenty of activities for the kids. Call or email me for more information.
(2 comments)
san antonio real estate: First time homebuyers tax credit, are you prepared for it to end?
- 10/07/09 05:12 PM
All the hoopla over the months have been the first time home buyers $8,000 tax credit. Yes, there have been some roadblocks and some criteria to follow, but have you made the effort, did the steps to take advantage of it as a "first time home buyer? If not, you may well be on your way of being too late to take advantage of a fantastic program. Fear not, if you didn't, all is not lost, here's why. Even though you may have decided to become a home owner now, you are still at an advantage.... home prices are at (11 comments)
san antonio real estate: Focus, Motivate, Act and deliver
- 09/02/09 03:25 PM
With the state of affairs and the markets, Topsy turvey attitude, now's a troubling but thought provoking time. You have to make the decision.....are my financing and state of affairs in place? Have I been "floating along" making minimum payments and just going with the flow? And now you find it's the time to buy, and sell actually!! The stock market has made a many people realize that the "get rich" scheme can come to a halt too fast for anyone's liking. And now, your home's lost this "ghost" equity!!! What is going on?? (if you bought the home 2 years (8 comments)
san antonio real estate: Lobbying to extend the first time home buyers tax credit
- 09/02/09 02:27 PM
I've been watching and reading the news, there's talks to extend the tax credit. That's great news! However, remember, when they extended it the last time (late last year) the rules changed. At first you got $7,500 that you had to pay back over an amount of time, then the revision changed and they gave you, if you were a first time home buyer or haven't owned a home in three years, $8,000!! Well...... what would be the change, if any, if they decided to extend the credit again? The banks are paying the money back from the stimulus package at (9 comments)
san antonio real estate: San Antonio real estate and what our market means to you
- 07/26/09 03:37 PM
Ah, the news is the news and it will never change. The news is designed to tell you how and what things are happening in our good ole USA. Now I know you all hear about how the housing market is "rock bottom" with no signs of recovering, but guess what.... San Antonio's median prices rose! Imagine that! Those that live here know, San Antonio is the big city with a small time feel, what that means is, things move steady, no spurts, no dramatic changes. And we love it! For sellers it means, the equity in your home is (4 comments)