Katy was one of the top 25 candidates in 2008, took the number-five position on the 9 from 2009 list, and occupies the number-one position on the 2010 list. This suburb of Houston added 17,641 households since 2000, increasing 8.7% from 2009 to 2010. Overall, Katy was the fourth fastest growing area of the ten since 2000, with a 267.0% growth rate. The Cinco Ranch development continues to contribute new households to Katy’s growth.
Unfortunately, divorce is something that occurs to many marriages and usually there is a home being sold in the process. Buyers beware! Sometimes when house hunting you may come across a home that a soon-to-split couple may be selling. It can seem great because many of times they just want to sell and move on, [...]
The last post went over the advantages of paying off your Mortgage Loans TX. Now for the disadvantages. 1) Missing out on tax deductions for interest. The interest paid on your mortgage is usually tax deductible. If you no longer have payments, then you no longer have tax advantages for that reason. 2) Other assets [...]
Knowing you have no mortgage debt. You can rest easy knowing you do not owe any more payments to your lender. Increased financial flexibility. You can use your income towards other large purchases due to you’re a greater sense of financial independence. Security. With no balance left to pay on your Texas Mortgage than you [...]
The Obama Administration has made the details of the stimulus plan public, part of it made to help those who are incapable of repaying their loans. The plan does not call for home refinancing but for loan modification. The program is said to benefit around 9 million homeowners. According to the payment plans enacted by [...]
Douglas B. Foster, Commissioner of the Texas Department of Savings & Mortgage Lending released a notice with valuable tips for local consumers applying for a Texas mortgage loan: Before Applying for a Loan— Verify: Foster urges consumers to constantly check the State of Texas website to determine whether the lending company or broker/loan officer are [...]
Real Estate Expert and Blogger Barbra Corcoran offers tips and advice on how to sell your home in today’s economy via MSNBC. Time it Right. If your house has been on the market for a while, take it off for two months and then relist it as new. Few houses sell around the holidays up [...]
An FHA Mortgage is insurance to protect lenders in the case that a homeowner cannot pay the loan amount back. In the event of a homeowner not repaying the loans, a fee will be paid to the lender by the FHA, if the loan has met requirements for the insurance. Unlike regular loan agreements, Federal [...]
How long will the buyers market last? As home prices are low, interest rates are falling, and without much competition, potential home buyers are feeling pretty calm. But how long will that feeling last? Mortgage professionals guess that housing prices will drop another 5 to 10% and bottom out sometime in 2011, but what about [...]
The Bodwin Family of South Oak Cliff, Texas, had a very happy Thanksgiving this year as a group of complete strangers provided them with a place to live. Chuck Bodwin, a local pastor, along with his wife and eight kids were forced out of their home as it was foreclosed upon due to hard times. [...]
