About Reverse Mortgages
Monday, August 02
With so many baby boomers retiring there has been an increase in reverse mortgages. A reverse mortgage called the Home Equity Conversion Mortgage or HECM is the only reverse mortgage insured by the U.S. Federal Government.With this reverse mortgage one can choose to withdraw funds in a fixed mont...
Can You Make An Old House Turn “Green�
Tuesday, July 27
With everyone going green and builders being cognizant of the desire for green homes, why not talk about more green products or activities? There are green vehicles, “windtricity” , organic foods, recycle centers, organic bedding, green plumbing products (toilets/ showerheads, sink faucets that c...
To Lease or To Sell, That is the Question
Monday, July 26
When considering whether to sell or lease a home, one should consider the potential consequences of each option. The obvious and best option of course, is to have the home sold. However with current market conditions, a lease may be a viable option to keep from having to pay two mortgage payments...
What is a General Warranty Deed?
Sunday, July 25
When one sells a residential property the seller guarantees that they hold clear title and has the right to sell. A clear title is one that has no liens or encumbrance other than what is known in public records, such as a mortgage loan, home equity loan, or home equity line of credit. This guaran...
Avoiding Real Estate Fraud
Friday, July 23
As with any business, fraud can exist and even tempt people into doing things they would ordinarily not do. The obvious is that people commit fraud because it is tied to a financial gain. Professionals in the real estate market may find themselves involved in fraudulent activity, whether it is di...
Getting a Home Inspection
Thursday, July 22
Home inspections are an important part of getting to know the home you plan on buying. Texas licensed inspectors, like REALTORS®, are required to take continuing education courses. They must keep abreast of changes in building codes, and in recent years, are required to have insurance. Their rate...