Friday, December 30, 2016

Home Buying Information Presented by TexasLending.com

TexasLending.com
The National Association of Realtors estimates that nearly 65% of all homebuyers with children rate neighborhood quality as important. According to the mortgage experts at TexasLending.com, quality is defined differently for everyone. Here are a few ideas on how to determine which neighborhood is right for your family before buying a home.

Make a list of important features

TexasLending.com mortgage professionals say the first step in knowing the “best” neighborhood is to understand which community features are most desirable to you and your family. Some homeowners want access to recreational areas while others are more interested in an easy urban commute.

Wednesday, December 28, 2016

TexasLending.com | Saving for a First Home

TexasLending.com
If you’ve ever thought about buying a home, there’s no better time than now to start getting ready, say the experts from TexasLending.com. Here, representatives from the most trusted mortgage firm in Texas share their best tips on saving up for that first big purchase.

Create a budget – and stick to it

Even if you’re lucky enough to score a house under the $200,000 mark, you’ll still have to pay 20% down, in most cases. TexasLending.com mortgage bankers explain that the best way to have the cash on hand is to evaluate your current spending habits and make adjustments. Apps like Mint are great ways to track your spending and watch your budget in real time.

Friday, December 26, 2014

TexasLending.com Celebrates Holiday Season with Decorating Tips

TexasLending.com
For today’s homeowners, one of the greatest joys of the holiday seasons is decorating the exterior of the home with bright, colorful lights and other beautiful ornamentation that appeals to the rest of the neighborhood or community. To support these ambitious and thoughtful efforts, many landscape companies have offered their assistance and guidance for this complex task. The experienced leaders of TexasLending.com outline a few significant concerns that may arise when planning these decoration projects and explain why safety may often be compromised.

Q: Before beginning to decorate, what steps should a homeowner take?

TexasLending.com: The first part of the plan should include the inspection of all decorations, lights and extension cards to ensure that no wiring issues would occur.

Friday, November 28, 2014

TexasLending.com on the Foundation of Neighborhood Watch

TexasLending.com
Neighborhood Watch was created over four decades ago by the National Sheriffs’ Association, reports TexasLending.com. The program was designed to empower citizens and strengthen their relationships with local law enforcement officials. Additionally, it offered neighbors an opportunity to meet and form friendships to help the community as a whole.

Before encouraging others to take part in a Neighborhood Watch, it’s important to know exactly how each member can help, says Texas Lending. Examine the program’s history and background and learn how its processes might benefit the community. The National Neighborhood Watch Institute features a website that contains a number of resources and talking points.

Once all of the information has been organized, the representatives of TexasLending.com advise interested parties to rally their neighbors and share the word about this tremendous program. In order to do so, create an invitation that includes the meeting place, time and date, along with a short summary of the itinerary. Distribute this invitation around the neighborhood at gathering places such as the library and post office. Social media – Facebook, Twitter, etc. – has become an increasingly powerful tool that allows community members to join in discussions and talk about their concerns. Going door to door to meet neighbors is another great option, notes Texas Lending.

Monday, January 20, 2014

TexasLending.com Teaches Homeowners about the Role of Appraisers and Underwriters in Home Loan Process

TexasLending.com
In today’s world, homebuyers are often unclear about the roles of both the appraiser and the underwriter throughout a loan process, says TexasLending.com. The company’s highly qualified and experienced staff of professionals stands ready to put clients at ease regarding all aspects of this complex effort. Working in tandem, the appraiser and the underwriter have distinct tasks that must be accomplished.

Appraisers

TexasLending.com explains the most significant role of the appraiser is to calculate the property’s true value. Most appraisers should have attained a state license, or at least hold certifications or qualifications of some type. Please note that appraisers are independent contractors and are not employed by TexasLending.com A licensed appraiser must follow the rules of conduct and code of ethics determined by The Appraisal Foundation.

TexasLending.com Discusses Potential for Texas Housing Bubble

TexasLending.com
Q: How does the current housing market in Texas compare with other states?

TexasLending.com: Home prices in Texas are more encouraging than in most states. Only three other states – Oklahoma, South Dakota and Nebraska – have also rebounded to the same rates they’d seen pre-recession.

Q: Why has Texas succeeded in a way that other states haven’t?

TexasLending.com: When the American economy collapsed in 2008, the housing bubble wasn’t as extreme in Texas. While many homeowners outside of Texas experienced serious price decline, it was easier to recover in Texas. Generally, Texas has a more stable economy than most states, meaning that the housing market typically does not reach one extreme or another every time there’s a disturbance.

Wednesday, August 15, 2012

Credit Improvement Tips from TexasLending.com

TexasLending.com
Even in today’s economy, it is possible to repair damaged credit ratings, says TexasLending.com TexasLending.com, one of the leading mortgage brokers in Texas, says that people with a credit score of just 620 may be eligible to buy a home at the present-day low rates and bargain prices. However, many Americans are sitting on credit ratings of 500 or less and fear the American dream may never become reality, reportsTexasLending.com. Here, TexasLending.com offers some practical advice about how to get a wayward credit score in position for future purchases.

Face Your Fears

According to TexasLending.com, many people don’t want to see their score out of fear of the unknown. It’s important to face those fears and check your credit report from all three major credit reporting agencies, says Kevin Miller, CEO of TexasLending.com. Experian, Equifax, and TransUnion all calculate scores with a slightly different algorithm and some creditors may not report to all three. Even if one score is under that 620 point mark, the average is what most creditors look at so you may have better overall credit than you’d expect, points out TexasLending.com. Either way, knowledge is power and once you know where you stand you can decide where you are going.