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From the category archives:

Real Estate News

USDA Guaranteed Funding Fiscal Year 2010 Appropriated Funds

May 12, 2010
USDA Rural Housing Logo

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, [...]

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Buying a Bank-owned Home is “Easy”

October 11, 2009
Bank-Owned and REO Properties in Denton County

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 ((Real Estate Owned Property)) it is just as frustrating.
Kris really shows the comical side of a real estate transaction that many first time home buyers, and even move-up buyers trying to take advantage of great value and bargains in the market today that is saturated with short-sale and foreclosure properties. Sad thing is, stories like this, and the frustration experienced by buyers agents and buyers alike will continue for years to come unless there is some reform with how banks manage these properties. For the record, I have a short sale I have been waiting on for 5 months now, after it closes I will be sharing that story here.

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Can you help me buy or sell real estate in…?

October 1, 2009
Thumbnail image for Can you help me buy or sell real estate in…?

This is a question I get far to often, and I should have addressed here publicly long ago. I make no bones about it ((To state a fact in a way that allows no doubt. To have no objection to)) I concentrate on the buying and selling real estate in Denton County, concentrating on Highland Village, Lewisville, Corinth, Little Elm, and all points in between within Denton County. I even work on the fringes of Grapevine and Saginaw which are in Tarrant County Texas. I believe this best allows me to provide superior service to those I represent.

But, far to often I get emails or phone calls from those who are in need of assistance with some of the loan programs, or services I discuss here. So this is announcement saying Yes I can help you…

* Buy real estate in Collin County
* Sell your home in Plano, Texas
* Buy a property in Fort Worth, Texas
* List your home in Tarrant County
* Buy vacant land anywhere in the state of Texas
* Real Estate services all over the country

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How Searching Homes for Sale is Changing at My Denton County Real Estate

September 16, 2009
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I have always been an advocate for the No Registration Required mantra here at My Denton County Real Estate. It’s been obvious I encourage visitors here to search for homes at their leisure, and to have unlimited access to the information available with the MLS/IDX search much like this point of view.

But now is time for a change. If you would like to see the new guidelines and skip all my commentary you can go here.

There has always been lot of talk and debate about real estate websites that offer this tool for searching real estate and even more lately can be seen here and over here.
Typically Registration for Access falls into one of these 4 categories:

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Is a 5% Interest Rate a magic number?

September 4, 2009
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Below is a commentary from CNBC on September 3, 2007 pointing at that historically speaking when the interest rates fall below 5% the Home Buyers comes out to play, and in a big way. The Fall selling season we are entering needs this; but as this story also points out when rates drop as they did last Spring it shows an increase in mortgage applications, not necessarily people buying homes. In the Spring of 2009 a huge portion of this was done for refinancing existing loans. As of now, the re-financing rates are not as attractive as they were last Spring, and still not near new purchase rates.

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Monetizing the Tax Credit for a Down Payment: Clear as Mud

June 1, 2009
Eight Thousand Dollar Tax Credit

Ever since the May 12th announcement from HUD that the $8000 First Time Homebuyer Tax Credit was going to be able to be used as a down payment I believe there has been more misconceptions, ill conceived speculation, and just down-right misinformed banter from those in the real estate industry and future home buyers alike. [...]

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Real Estate Agent Arrested for Cutting the Competition

March 21, 2009
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Here is a story I caught across the news wire recently. A Fort Mills, South Carolina Real Estate Agent was caught on tape cutting up, and knocking down a competitors real estate signs. Evidently, he is the former boss of the victim according to the story. Now what really caught my attention about this was the type of signs this real estate agent was using, why is he using cardboard signs in front of houses?

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