Browsing archives for 'refinancing'

Katy, Texas topping the list for ‘high growth’ areas in USA.

Housing Market,Katy,Texas,house hunting,lending,mortgages,refinancing 21 January 2011 | 0 Comments

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.

The Disadvantages of Paying Off Your Texas Mortgage

Housing Market,lending,mortgages,refinancing,texas lending 10 January 2011 | 0 Comments

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 [...]

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The Advantages of Paying Off Your Texas Mortgage

Housing Market,Texas,Uncategorized,lending,mortgages,refinancing,texas lending 7 January 2011 | 0 Comments

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 [...]

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How Will Obama’s Low Rate Refinance Program Affect Texas Mortgages?

Housing Market,Katy,laws,lending,mortgages,refinancing 21 December 2010 | 0 Comments

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 [...]

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Do’s and Don’ts for Consumers Applying for a Texas Mortgage Loan

Housing Market,Texas,lending,mortgages,refinancing,texas lending 16 December 2010 | 0 Comments

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 [...]

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5 Tips to Sell Your Texas Home

Housing Market,Katy,Texas,lending,mortgages,refinancing,texas lending 16 December 2010 | 0 Comments

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 [...]

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Four Steps to Refinancing Your Texas Mortgage Loan

Housing Market,Katy,Texas,mortgages,refinancing,texas lending 15 December 2010 | 0 Comments

Know how much you can save. By checking a mortgage calculator and entering the length of the loan, the interest rate, and monthly payments, you can determine the total paid interest that will be out of pocket. Know if you qualify. How much you owe on a previous mortgage and the value of your current [...]

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