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Interest Rates Have Fallen Again!

A lot of buyers have been holding out for the 4.5% interest rate, well guess what, it’s here now. According to loan officer extraordinaire John Schutze of Bank of America this is the case as of right now. FHA is at 4.75%.
By the way, you can buy an investment property with an FHA Loan, I [...]

January 9th, 2009 | Category: Buyers, First Time Buyers, Market update, Mortgage, Mortgage News, Sellers | Leave a comment

Circle C Open House! Sunday 1-4!

7505 Doswell Ln, Austin, TX 78739
Offered at $500,000
4 Bedrooms, 3.5 Baths 4387 Square Feet
Your own private oasis.  This truly phenomenal property will provide a relaxing retreat from the hustle and bustle of everyday life.  Take outdoor living to the next level with dual covered patios, wood deck, outdoor kitchen, deluxe playscape, and colossal backyard on [...]

January 9th, 2009 | Category: Buyers, Circle C, Open House, Sellers | Leave a comment

First Time Buyers, Here’s Something To Think About

If you were to buy a condo in the S.Congress St area (SoCo) for $97,900 at 5% interest with an FHA Loan, and with 3.5% down, what would you payments be? Take a look at one possible financing scenario below. If the condo was one bedroom, one bath with granite countertops and stainless steel [...]

January 9th, 2009 | Category: Buyers, First Time Buyers, Mortgage, Sellers, South Austin | Leave a comment