Condos Information 
Information on Condos in the Texas Area
There are currently 83 blog entries related to this category.
5 Predictions for 2011
Saturday, December 11th, 2010 at 8:45am. 776 Views, 9 Comments.
Freddie Mac analysts point to five features that they believe will likely characterize the 2011 housing and mortgage markets:
1.
Low mortgage rates. With Fed observers expecting the central bank to
keep the federal funds rate at its current target range of 0 percent to
0.25 percent for most (or all) of 2011, relatively low mortgage rates
will be a feature of the 2011 mortgage market. Thirty-year fixed-rate
loans are likely to remain below 5 percent throughout the year, and
initial rates of 5/1 hybrid adjustable-rate mortgages will likely remain
below 4 percent in 2011.
2. Prices have hit bottom. House prices are likely to begin a gradual, but sustained recovery in the second half of 2011.
3.
Housing will remain affordable. With affordability…
Dallas New Condos Developments
Monday, December 6th, 2010 at 4:55pm. 489 Views, 3 Comments.
Dallas is one of the fastest growing cities in the United States and attracting many young professionals. It is a culture and business hub, a unique lifestyle and a high standard of living that is welcoming to people from all over the world. Out of cities in the United States the economy is one of the most exceptional and the average household income quite high being $80,000 and higher. For young families there are many areas that have been titled as the safest and best neighborhoods to live in and wonderful school districts such as the Melissa Independent School District. For retired couples there are wonderful ranches and retirement communities. It definitely has something to offer everyone.
There are many new developments in Dallas, Texas that are…
100% Financing with the BB&T CHIP Loan now in TEXAS!
Tuesday, August 31st, 2010 at 1:33pm. 2245 Views, 2 Comments.
We have 100% and 97% Programs available on traditional and "underserved" Census Tracts!
(NO Mortgage Insurance and NO Funding Fees Required on either loan)
The 100% loan requires a minimum 660 credit score.
The 97% loan does not have a minimum credit score but it does require a minimum of 2 current trade lines with 12 months history, no late payments on anything in the last 12 months and no new collections in the past 12 months when the credit score is under 620.
Both programs are available all over TEXAS but have a "Household" Income Cap if the property is not in an "Underserved Area" which is based on the HUD County Median Income.
How to find out if your listing is in an "Underserved Area":
New Neighborhoods in Lantana
Monday, July 12th, 2010 at 9:00am. 487 Views, 1 Comments.
New Neighborhoods in Lantana - Republic Property Group announced today it has begun plans for the second phase of the Bandera neighborhood. The additional 120 lots will be sold to Highland homes and will be an extension of their 60' product currently being built in Bandera. Access to phase II of Bandera will be off of Lily. The 120 lots will be added in two phases (A and B), the first being Phase A with 60 lots.
In addition, Highland Homes will be building in the newest neighborhood planned for Lantana named Kendall. Kendall will be located off of Golf Club Drive and will be located east of the Crescent neighborhood. In order to access Kendall, a bridge will be built over Poindexter Branch Creek which will preserve the natural area…
97% financing w/ no minimum credit score!
Monday, June 21st, 2010 at 12:05pm. 481 Views, 0 Comments.
No minimum score required! - (Most recent 12 months must be clean, no BK or Foreclosure in past 3 years)
Household income cap $67,600, for most areas in North Texas - (look for more on how the cap is waived in the coming days!)
3% down payment can be a gift
$500 minimum out of pocket must be verified in borrower's account
No cap on seller concessions for prepaid items or closing costs AND NO MORTGAGE INSURANCE!
email: rspring@bbandt.com with this exact subject line for more info: BBT Affordable Housing Info
To request an application by email, send an email to: rspring@bbandt.com with this exact subject line: APPLICATION
