interest: Wrap Around Transactions - 08/28/12 08:04 AM
Wrap Around Transactions A Wrap Around Transaction is a form of seller financing. There is a difference however, between a traditional seller financing of a property and a Wrap Around Transaction in that on a “Wrap” or "Wrap-Around" the current Mortgage lien on the property is not paid off. In this type of real estate Transaction the property is conveyed while the Mortgage lien that has the seller’s name on it stays in place. The Wrap Transaction now has a second, junior lien held by the seller.Just to clarify, a Wrap Around Transaction is not illegal. A Wrap-Around is not a … (0 comments)

interest: Mortgage rates are at rock bottom and won’t stay there forever! - 08/01/11 02:38 AM
Mortgage rates are at rock bottom and won’t stay there forever!
The national average on a 30-year fixed-rate mortgage dropped to 4.36 percent in August 2010—lower than it’s been in the past half century. Interest rates for the same time last year averaged 5.19 percent, representing a difference of $90 in the monthly payment on a $200,000 home with 10 percent down, as well as a savings of $32,460 over the life of the loan. For more reasons why now is prime time to buy an Affordable San Antonio Home, contact Randy Elgin me and I’ll send you the free ebook … (0 comments)

interest: Best San Antonio Real Estate Deal Today! - 04/18/11 02:53 AM
Best San Antonio Real Estate Deal Today!
What is the best San Antonio Real Estate deal today?  Interest rates hands down! Just look at the historic rates and you will realize that you need to buy today.

I mean just look at that graph and compare the 30 year fixed interest rate loan of today below 5% and that of April 2010 at around 5.5%.  If the interest rate that you got today on a $100,000 loan for 30 years was 5% instead of 5.5% and you stayed in the home at least 5 years, you would save yourself over … (0 comments)

_gaq.push(['_trackPageview']); (function() { var ga = document.createElement('script'); ga.type = 'text/javascript'; ga.async = true; ga.src = ('https:' == document.location.protocol ? 'https://ssl' : 'http://www') + ''; var s = document.getElementsByTagName('script')[0]; s.parentNode.insertBefore(ga, s); })();

Author Bio: Randy Elgin specializes in affordable homes for sale in Northwest San Antonio, TX. He serves residential, commercial and investor clients. He believes a needs analysis is an important first step and understanding what their goals are and how to help them achieve those goals is paramount.

San Antonio TX Real Estate information forum where anyone interested in buying, selling, or investing in the real estate market can ask questions and get answers.



RSS 2.0 Feed for this blog