Qualifying For Your First Home
If you’re like many first-time homebuyers, chances are you’ve been spending your weekends driving around visiting open houses and new model homes. This is a great way to get a feel for what you want. The problem is that what you want isn’t always what you should get. Before you start touring homes for sale, it’s important to start off with a budget so you know how much you can afford to spend. Knowing what mortgage payment you can handle will also help you narrow the field so you don’t waste precious time touring homes that are out of your reach. Where to begin The key factor in figuring how much home you can afford is your d

Dallas Condo in Gated Community: $260,000
3204 Wycliff, # 3208   To search other condos like this go to my website: www.TheFastestGrowingCityinTexas.com

Market Update
SHORT-TERM TREND (10 days or less). Favors lower rates. SUGGESTED PIPELINE STRATEGY: The mortgage market has been astoundingly strong – denying every technical indicator flashing warning signals that a top was imminent. My earlier projection suggesting the price of the Fannie Mae 4.5% 30-year mortgage-backed security would struggle to move more than a basis point or two above 102.000 has proven to be too conservative.I underestimated what a force-to-be-reckoned-with the Federal Reserve would prove to be in these waning moments of their direct mortgage-backed security purchase program. Agency mortgage-backed security prices have climbed to levels that few inve

Expanded Tax-Credit: Does This Offset Any Taxes You Owe, or Will You Get a Check?
Many have had this question in relation to the expanded tax-credit. Feel free to comment or post your own related questions. I would be happy to help in any way that I can. “In regard to the homebuyer credit, I am eligible for the $6500. Does this credit simply offset any taxes I would pay in for 2009 & 2010, or does the government send a check for $6500 to me? I’m just wondering how this credit really works”. Answer: The tax credit is used to offset your tax liability when you file your tax return. If your tax liability is less then the amount of credit you qualify for, the difference will be sent in the form of

Home for Sale in Carrollton: 3811 Anitoch Circle
**Mark your Calendars for an Open house on Saturday, December 12th from 2:00-5:00 pm for this home** For information about the expanded home buyers credit to “existing” clients, or to get up-date-information on today’s mortgage rates, visit my website at: www.TheFastestGrowingCityinTexas.com. I am always here for your questions. -Amy