ARCHIVED BLOG POSTS
2008
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Lenders will implement the following Soft Market policy so their conventional loans can comply with Freddie Mac and Fannie Mae requirements. Below are the criteria by category and by clicking the link below you can access the ratings by State. Please note that the appraisal or appraisal review ...
02/23/2008
7
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I recently received a call from a company in Florida that sells timeshare. They are in need of a real estate agent/broker in Texas so that they can sell their time share in Texas. It seems that in order for them to sell time share in Texas, they need a license agent/broker in Texas. I will not...
02/23/2008
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It has been recently reported that there is now a new program to help homeowners facing foreclosure called, "Project Lifeline". The six participants are: Bank of AmericaCitigroupCountrywideChaseWashington MutualWells FargoThey plan to help homeowners by giving them an extra 30 days to evaluate ...
02/14/2008
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This 4 bedroom 3.5 bath home overlooks the Eagle's Bluff Golf Course and has been reduced to $385,900. This grand home offers over 3400 sq ft of living space and has 3 garage spaces. 2 golf course lots. Some of the amenities at Eagle's Bluff:swimming poolgated entrancegolf courseaccess to La...
02/13/2008
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Smith County is ranked #25 out of 254 Texas counties and covers 932 square miles. Smith County is in the heart of East Texas with Tyler, Tx being its county seat. Smith county contains several other growing cities:Arp BullardChapel HillFlintGreshamLindaleTroupWhitehouseWinonaMany of the above c...
02/11/2008
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I have had my Palm Treo for over 2 years and it is one of best investment that I have made for my real estate career. Actually, this is my 4th Treo (recently upgraded from Treo 650 to 680). The others were because of a software glitch and my butter fingers.I use my Treo to record data or leads ...
02/10/2008
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It seems that milions of US taxpayers will be receiving a Rebate soon. All to help speed up the slowing economy. Those eligible are:Single tax payers w/ Adjusted Gross Income below $75k - $600Joint filers w/ Adjusted Gross Income below $150k - $1200 (Parents will receive an additional $300 per...
02/10/2008
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Since working with HUD Homes, I found out about a neat program that allows homeowners to finance the cost of their repairs into their home loan. It is called a Rehab loan. FHA offers 203(k) financing or also know as a "Rehab loan" enables homebuyers to finance both the purchase of a house and t...
02/08/2008
Due to the current market, I discourage buyers from taking out home equity lines of credit. Who knows when the market will snap back? It also depends on how the market is in your area. Currently in East Texas, the market is not as bad as the news portrays it to be. We are still selling homes....
02/06/2008
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Until recently, Texas Veterans could only purchase at least an acre of land up to $60,000 and have it financed by the Texas Veterans Land Board. The amount increased to $80,000 on December 1, 2007.Texas veterans will have to make a 5% down payment at closing and pay $75 Contract service fee and ...
02/03/2008
Rainmaker
147,338
147,338
Tanya Redic
e-Pro, SFR
