Denton County Texas Real Estate

USDA Guaranteed Funding Fiscal Year 2010 Appropriated Funds

May 12, 2010

Issuing Conditional Commitments once Appropriated Funds are Exhausted Back in business with the USDA Funding. I never even had a chance to write about it, but for weeks there were fears that “the USDA was running out of money.” Most my motivated clients were sure to close before funding would have been exhausted. But today, Rural Development’s National Office in Washington D.C. sent this announcement. The Single Family Housing Guaranteed Loan Program (SFHGLP) will issue Conditional Commitments once currently appropriated funds for

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The Move-Up or Repeat Buyer Tax Credit

January 26, 2010

Also referred to as the Homeowners $6500 Tax Credit follows all the same income and qualifying date requirements as the FTHB tax credit. This credit is intended to be used for new buyers in the market that have owned and resided in the same home for at least five consecutive years of the eight years prior to the purchase date. If it is a married couple, both spouses must qualify as long-time residents, with at least five years of principal residency for

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The Extended First Time Home Buyer Tax Credit

January 26, 2010

There is really not a whole lot more that needs to be said that my other article here has not covered. Other than the dates, some changes to the income limits and the addition of the move-up buyer tax credit the 2010 credit is same. There is one advantage to those closing after November 7, 2009 that they would not have had prior — that is the Modified Adjusted Gross Income for qualifying person(s) being raised. The 2010 First Time Home Buyers

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USDA and Texas Veterans Land Board 2010 Update

January 23, 2010

The #2 and #3 most visited pages here at My Denton County Real Estate are the articles I have written that have made me the authoritative REALTOR© in North Texas for USDA Rural Development Loans and the Texas Veterans Land Board. Driven by Google searches as seen here and here I felt the need to reassure visitors in 2010 interested in either of these loan programs the information written here is still valid and up-to-date.

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First Time Homebuyer Tax Credit Extended for Military Personnel

October 17, 2009

Service Members Home Ownership Tax Act of 2009 Two of the hottest topics here at My Denton County Real Estate in the past 6 months has been the discussion of the $8000 First Time Homebuyer Tax Credit and the Texas Veterans Land Board. Now a a new bill unanimously passing the House of Representatives, and soon to be up for a vote on the Senate floor allows me to right a new post directly marrying the two together. Bill H.R. 3590 will

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Could the Google Car not find Highland Village?

October 15, 2009

I use Google Maps a lot being a real estate agent in Denton County, so I have noticed this for quite a while — Has the Google Car gotten lost trying to find Highland Village, TX? You all know what I mean don’t you? It is the vehicle used by Google since 2007 to capture the street view images we can find by zooming all the way in on an address using Google Maps. These views are available when you see Pegman,

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Buying a Bank-owned Home is "Easy"

October 11, 2009

While making the rounds to other real estate agents blogs, as I often do to keep up on the market in other parts of the country, I found this hilarious and sadly very true video created by Kris Berg from The San Diego Real Estate Blog. This is evidence the shows whether it be in San Diego, California or here in Denton County Texas buying a bank owned property or REO it is just as frustrating. Kris really shows the comical side

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