Stevesellsdfw's Blog

Updates from January, 2010 Toggle Comment Threads | Keyboard Shortcuts

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  Steve Young 8:48 AM on January 28, 2010 Permalink | Reply  

  Just listed-Overland Stage Estates 

  WOW, Overland Stage Estates beauty! 

  3-2-2 with inground pool, updated and shows like new. Great schools & location.

  Check it out and pass along to others at: http://www.5105elranchoct.com

  Steve Young
  RE/MAX Associates
  (817) 276-5149
  http://www.steveyoung.pro
  http://www.steveyoungtexasrealestate.pro
  https://stevesellsdfw.wordpress.com
  steve@steveyoung.pro

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  Steve Young 2:29 PM on January 27, 2010 Permalink | Reply  

  Those Who Wait Will Pay Thousands More This Spring 

  Waiting a few extra days or weeks to purchase a home this spring could cost buyers thousands of extra dollars as the office of Housing and Urban Development (HUD) implements several changes for loans guaranteed by the Federal Housing Authority (FHA).

   

  Coming just weeks before the April 30 deadline for the Home Buyer Tax Credit and just days after the March 31 expiration of the Federal Reserve Board's mortgage backed securities purchase program (which has kept home loan rates artificially low for over a year), these FHA changes make it even more important to act now to save big.

   

  Here are a few reasons why:

  On April 5th, the cost of required up-front mortgage insurance for loans guaranteed by the FHA will increase from 1.75% to 2.25%. For a borrower purchasing a $200,000 home with a $7,000 down payment, the up-front mortgage insurance will increase by $965. Up-front mortgage insurance is typically financed in the final loan amount so the impact to a monthly payment will be minimal but overall, the increase is still borne by the borrower both upfront and monthly.

   

  Later this spring, the amount of money that a seller can return to the buyer from their sale proceeds will be reduced from 6% to 3%. The reduction in these "seller concessions" can increase the amount of cash a buyer will be required to pay at closing by $6,000 for a home purchase of $200,000.

   

  There is only one way to avoid being affected by all of these costly changes that lie ahead – submit all FHA mortgage applications by the last week of March.

   

  Steve Young
  RE/MAX Associates
  (817) 276-5149
  http://www.steveyoung.pro
  http://www.steveyoungtexasrealestate.pro
  https://stevesellsdfw.wordpress.com
  steve@steveyoung.pro

  Posted via email from Steve Young’s posts

   
• 

  Steve Young 9:32 AM on January 27, 2010 Permalink | Reply  

  Article 

  Sorry about wrong web address for article. Here is correct:

  Article-Predatory lending

  Steve Young
  RE/MAX Associates
  (817) 276-5149
  http://www.steveyoung.pro
  http://www.steveyoungtexasrealestate.pro
  https://stevesellsdfw.wordpress.com
  steve@steveyoung.pro

  If you do not want to receive emails from Steve Young, please reply with “remove” in the subject line, and I will remove you from my mailing list.

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• 

  Steve Young 8:36 AM on January 27, 2010 Permalink | Reply  

  Real Estate news 

  Already some news out regarding fraud issues involving the new TAX credits. 

  Buyers, please get yourselves a professional full time Realtor that can get you hooked up with a professional mortgage company/bank and qualified mortgage officer!!  Article-Predatory Lending

  In my 20 years of business I've seen that by doing this, issues of getting taken to the bank…pun intended…can be alleviated. Had to use spell check for that last word!

  Steve Young
  RE/MAX Associates
  (817) 276-5149
  http://www.steveyoung.pro
  http://www.steveyoungtexasrealestate.pro
  https://stevesellsdfw.wordpress.com
  steve@steveyoung.pro

  If you do not want to receive emails from Steve Young, please reply with “remove” in the subject line, and I will remove you from my mailing list.

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• 

  Steve Young 8:31 AM on January 25, 2010 Permalink | Reply  

  New on the market for sale 

  Updated and move in ready for new owner! 3-2-2 in great neighborhood and location. 

  Check it out at: http://www.2116merrittway.com

  Steve Young
  RE/MAX Associates
  (817) 276-5149
  http://www.steveyoung.pro
  http://www.steveyoungtexasrealestate.pro
  https://stevesellsdfw.wordpress.com
  steve@steveyoung.pro

  If you do not want to receive emails from Steve Young, please reply with “remove” in the subject line, and I will remove you from my mailing list.

  Posted via email from Steve Young’s posts

   
• 

  Steve Young 3:22 PM on January 22, 2010 Permalink | Reply  

  Real estate articles 

  Good artilce on what are buyers wants & dont's at The Real Estate Center. I can't believe the "double shower head" is out!!

  Steve Young
  RE/MAX Associates
  (817) 276-5149
  http://www.steveyoung.pro
  http://www.steveyoungtexasrealestate.pro
  https://stevesellsdfw.wordpress.com
  steve@steveyoung.pro

  If you do not want to receive emails from Steve Young, please reply with “remove” in the subject line, and I will remove you from my mailing list.

  Posted via email from Steve Young’s posts

   
• 

  Steve Young 11:08 AM on January 21, 2010 Permalink | Reply  

  Meeting 

  Showing Dee Davey everything I know about blogging, well that's it, took 5 minutes

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• 

  Steve Young 8:01 AM on January 19, 2010 Permalink | Reply  

  SAVE THE DATE-BRING YOUR DATE! 

  February 13th 2010, 6:30-midnight at the Arlington Sheraton-An affair to remember highlighting and benefiting the Arlington Board of Realtors Community Service Foundation.  

  A great night of pre Valentine fun with 2 bands, silent & live auction, good food & desserts and supporting a wonderful foundation that was created to give support to our community! Call me for more details.

  MISSION STATEMENT

  "The purpose or purposes for which the corporation is organized are to support and strengthen the community through charitable donations, volunteer work, education, and charitable housing initiatives.  The corporation is specifically authorized to develop and implement grant and/or loan programs to rehabilitate, repair and beautify real property, including privately owned real property, provide disaster and relocation assistance programs for natural disasters and displaced persons, and other programs consistent with such purpose."

  Steve Young
  RE/MAX Associates
  (817) 276-5149
  http://www.steveyoung.pro
  http://www.steveyoungtexasrealestate.pro
  https://stevesellsdfw.wordpress.com
  steve@steveyoung.pro

  Posted via email from Steve Young’s posts

   
• 

  Steve Young 8:45 PM on January 13, 2010 Permalink | Reply  

  Get off the fence… 

  Coupled with home prices remaining relatively low, TAX credits for first time and current home owners plus first time bond monies and down payment assistance makes this a great time to sell and or buy in today's market! What do I do first you ask? 

  Call me and then I'll get you in touch with a mortgage officer that knows these programs that are available for you. 

  The foundation of your home purchase begins with getting approved for a loan, obtaining information that could save you money, then with that you are ready to find that perfect home for you and your family.

  Also check out my blog regarding importance of getting pre qualified by a reputable lender at: Predatory lending

  Steve Young
  RE/MAX Associates
  (817) 276-5149
  http://www.steveyoung.pro
  http://www.steveyoungtexasrealestate.pro
  https://stevesellsdfw.wordpress.com
  steve@steveyoung.pro

  Posted via email from Steve Young’s posts

   
• 

  Steve Young 8:17 AM on January 13, 2010 Permalink | Reply  

  GUESSING IS GREAT FOR PLAYING THE LOTTERY… 

  …NOT SO GOOD WHEN SELLING YOUR HOME.

  As a REALTOR®  I HAVE ACCESS TO THE MOST ACCURATE LOCAL REAL ESTATE DATA.

  As a REALTOR® I have exclusive access to industry statistics, trends and up-to-date information, and I know the local real estate market better than anyone. I also bring the expert knowledge and experience it takes to sell your home with as few hassles as possible.

  So when you’re ready to sell your home, work with a professional REALTOR® as myself who can explain options that best fit your situation.

  Because pricing your home for sale shouldn’t be a guessing game.

  Steve Young
  RE/MAX Associates
  (817) 276-5149
  http://www.steveyoung.pro
  http://www.steveyoungtexasrealestate.pro
  https://stevesellsdfw.wordpress.com
  steve@steveyoung.pro

  Posted via email from Steve Young’s posts