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Truth in Lending and other real estate updates
I feel as if I have been on a long vacation. Hopefully, you have been checking our website and viewing the videos. ( www.KatyDreamHomes.com ) There have been so many changes in real estate until I am not sure where to begin. Of course you have heard of Read More...
Commercial space to fit your need
For those with a one man operation and want to move it out of the home, to the larger business needing more than one floor in a professional atmosphere and accessible location, have we some information for you. Yesterday, we toured a professional building, Read More...
Tis the season to pay attention
This season brings out the best and the worst in people. We have received reminders of the worst that hopefully remind us all to be aware. 1. IRS - someone email or call you requesting information due to refund or inconsistency with your tax return. Don't Read More...
Tax Credit Extension
They say a picture is worth a thousand words. How about a video courtesy of the IRS on the tax credit extension. This window of opportunity is only open for a short period of time. http://www.youtube.com/watch?v=GkzB03uuGlg All success to you. Read More...
Flexibility and lifestyle in the home
Every time we participate in the sell or purchase of a home, we are reminded of how emotions, economics, and lifestyles, affects the transaction. The term flexible home keeps comng up and has caused us to stop and consider what this means. Once upon a Read More...
"Foreclosure", price is not everything
Nothing has been finalized but the tax credit maybe revised and extended to give you another bite at the apple. For those thinking about buying a f oreclosure home, be patient. If you need to move in the next 30 to possibly 60 days, you may want to reconsider Read More...
Whats Happening In the Market?
So you are still not convinced that Katy is the place for you. Let me add some fuel to the decision fire. 1. Foreclosures make up only 2.6% share of the market. (We are still doing something right) 2. We were bested only by Ft Bend on the hotness rank Read More...
You get what you pay for
In Texas, the realtor commission is normally paid by the Sellers. The Realtor listing the property, handling the marketing, the showings, the negotiations, and varies miscellaneous tasks, splits the commission with the buyer's agent. Commisions are Read More...
FDIC and prepayment of assessment by banks
Today the FDIC approved pre-payment of the FDIC assessment banks pay for years 2010, 2011, and 2012 beginning in 2010. There will be no special assessment for 2009. Initial reaction from commentators ranged from whether cost will be passed on to consumers, Read More...
Property Related Proposed Constitutional Amendments 2009
We have several proposed amendments to the Texas Constitution on the November 3rd ballot. Four of them are property related. Amendment 2: Deals with taxation of a residence homestead solely on the value as a homestead rather than highest and best use. Read More...
About Texas, for the newcomers
Go to www.KatyDreamHomes.com , in the upper right hand corner click the " About Texas" button and there you have it. Information on thngs to know when moving to Texas. If you haven't guessed it yet, we are trying to keep you coming back. Read More...
Waiting, Foreclosures and Short sales
Thoughts from a Realtor on " it is Monday again and I am still waiting with anticipation of Tuesday with more promise. " Short sales, Reo's/Foreclosures are a larger part of real estate now but for those of us who were not involved in real Read More...
Changes in 2 of Texas' laws
School has started in Texas and this year we have 2 laws with more teeth Texas House Bill 55 was signed by the Govenor in June 2009. The new law prohibits the use of a wireless communication device within a school crossing zone. The exception: use of Read More...
Credit Tip
This tip came from a Lender contact for my Clients. For those considering purchasing or refinancing a home, " DO NOT PAY OFF ALL YOUR CREDIT CARDS THEN CLOSE YOUR ACCOUNTS!" This would mean that you HAVE NO CREDIT and therefore cannot purchase Read More...
Seller common mistake #3
You found this deal on gorgeous hardwood flooring and installed it throughout the first floor. You repainted the interior of the home that beige sort of color you saw in the model home you liked. You changed out the front door to this gorgeous glass and Read More...
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