New Credit During Mortgage Application Process a No-No

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In an effort to improve the underwriting quality of home loans delivered to mortgage financier Fannie Mae, lenders will be required to take a closer look at your debt obligations beginning next month.
Come June 1, lenders will be directed to “review and evaluate the “inquiries” section of the borrower’s credit report to determine [...]

Plano Residents Among Richest in America

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In case you missed it, here is a sumary of an article in Saturday’s Dallas Morning News about Plano residents’ income and spending habits in 2009.  An online company Bundle which focuses on expenses and savings trends of Americans compiles an annual report using credit card transaction information as well as federal government data and [...]

Protect Your Credit When Buying a Home

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This information will protect you:
We are in the real estate business and would like to earn your business.   So, we try to do that by providing pertinent factual information that will make buying or selling a home easy.  Keeping you aware of identity fraud, illegal credit reporting and providing access to Home Buyers [...]

3 Big Reasons Not to Wait to Buy a Home

 
#1
If you are thinking of buying a home, now may be the best time to do it.  Whether you are a first time home buyer, thinking of buying a new primary residence or know someone who is I want to share some important upcoming dates.
Uncle Sam’s help for First Time and Repeat Buyer’s end soon.  [...]

Prosper Home For Sale…Short Sale That Is

Every buyer wants a deal…especially in this economy.  We are currently working with a couple from Farmers Branch who want to trade up into a nice 4 bedroom home with a 3 car garage.  To date, we have shown them at least 50 homes.  The journey began in McKinney, then Frisco, then Lantana and finally [...]

There Is More To Consider Than Monthly Payments

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Historically Low Mortgage Rates and Housing Prices Open Door to New Homeowners
The upside of the housing slump has been that potential homeowners
previously priced out of the market are finding that they can afford the American
Dream thanks to a combination of lower resale and new home prices along withrecord [...]