So, how do you pronounce Bexar? Newcomers to San Antonio frequently stumble over the name of San Antonio's home county by putting great emphasis on the X, thereby pronouncing a first syllable rhyming with Mex.
It's a common and understandable error.
So how should you pronounce Bexar? Click here for an unforgettable way to remember.
Yes, Bexar is correctly pronounced exactly like "bear."
No matter how you pronounce it, Bexar County is a roaring great place to live, work, and buy or sell a home. We're here to help.
Click if you're looking for homes for sale.
Click for expert advice about selling your home.
We’re Stephanie and Randy Kelley, Realtors® of Keller Williams Legacy, San Antonio, Texas. If you have questions, need San Antonio realty or mortgage loan advice or assistance, or just want to chat a bit about the wonderful Alamo City, please call us at (210) 863-2661 or (210) 867-8743, or E-mail us at swkrealtor@aol.com or kelleybus@aol.com. Our SanAntonioHomeQuest.com Realty Solutions Team is always ready to help you with your home buying or selling needs
Thursday, September 30, 2010
Monday, September 27, 2010
San Antonio, Texas, Residential Real Estate Taxes
Looking for information about San Antonio, Texas, real estate taxes? Look no further. Here are the basics.
First, here's the good news. The State of Texas doesn't charge a personal income tax.
Now, here's the less than good news. Texas residential property taxes tend to be a bit pricey.
Keep this in mind. The real estate property tax rate is standard for the taxing jurisdiction where a property is located.
So why is it, when neighbors compare their property taxes, they tend to become confused. They ask questions like, "Why is Joe's property tax so much higher than Jane's, when their houses look the same ?"
The reason that property taxes seem so different for similar homes is, for the most part, not because the tax rates are different, but because the tax appraised property values are different from property to property.
Also, there will be slight variations in the property tax rate based on the taxing jurisdiction where properties are located. For example, Joe's property is located in the Northside Independent School District within the incorporated limits of San Antonio. Jane's property is also located in the Northside Independent School District, but in a part of the neighborhood that happens to fall outside the city limits.
Although both will pay the same Northside Independent School District tax rate, city boy Joe's taxes will also include taxes for San Antonio services that county girl Jane doesn't enjoy. Consequently, even though Joe and Jane's comparable homes have the same tax appraised value, Joe's property tax will, nonetheless, be higher, because he's getting more services and is subject to a higher overall tax rate.
On the average, a citizen owning a property located in an incorporated Bexar County jurisdiction will pay a yearly property tax that equals approximately 2.7% of the property's appraised tax value. Home owners in unincorporated areas of the county will usually pay lower property taxes because they enjoy fewer services and, therefore, their basic tax rate is lower.
Texas law requires the local property tax appraiser to reappraise all residential property located within his or her jurisdiction as of 1 January of each year, based on the sales of comparable property during the preceding 12 months. When you become a Texas home owner, you'll receive a property tax reappraisal notice yearly, usually in March or April.
That's the basics for San Antonio, Texas, residential real estate taxes.
If you need other realty related advice or assistance, we offer the very best.
Click here if you're looking for homes for sale.
Click here for expert advice about selling your home.
We’re Stephanie and Randy Kelley, Realtors® of Keller Williams Legacy, San Antonio, Texas. If you have questions, need San Antonio realty or mortgage loan advice or assistance, or just want to chat a bit about the wonderful Alamo City, please call us at (210) 863-2661 or (210) 867-8743, or E-mail us at swkrealtor@aol.com or kelleybus@aol.com. Our SanAntonioHomeQuest.com Realty Solutions Team is always ready to help you with your home buying or selling needs
Friday, September 24, 2010
Mortgage Loans For San Antonio Physicians
Yes, there are still special mortgage loans for San Antonio physicians and other professionals.
We can refer you to a lender specializing in home financing programs designed specifically to meet the needs of doctors, dentists, medical students, lawyers, and members of similar professions.
Professional mortgage loans feature
■No down payments
■Up to $1,000,000
■No mortgage insurance
■Eligibility for condo financing
■High loan-to-value refinances
Interested? Click for more information.
We also offer the very best in San Antonio realty services.
Click here if you looking for homes for sale.
Click here for expert advice about selling your home.
We’re Stephanie and Randy Kelley, Realtors® of Keller Williams Legacy, San Antonio, Texas. If you have questions, need San Antonio realty or mortgage loan advice or assistance, or just want to chat a bit about the wonderful Alamo City, please call us at (210) 863-2661 or (210) 867-8743, or E-mail us at swkrealtor@aol.com or kelleybus@aol.com. Our SanAntonioHomeQuest.com Realty Solutions Team is always ready to help you with your home buying or selling needs including information about mortgage loans for San Antonio physicians and other professionals.
We can refer you to a lender specializing in home financing programs designed specifically to meet the needs of doctors, dentists, medical students, lawyers, and members of similar professions.
Professional mortgage loans feature
■No down payments
■Up to $1,000,000
■No mortgage insurance
■Eligibility for condo financing
■High loan-to-value refinances
Interested? Click for more information.
We also offer the very best in San Antonio realty services.
Click here if you looking for homes for sale.
Click here for expert advice about selling your home.
We’re Stephanie and Randy Kelley, Realtors® of Keller Williams Legacy, San Antonio, Texas. If you have questions, need San Antonio realty or mortgage loan advice or assistance, or just want to chat a bit about the wonderful Alamo City, please call us at (210) 863-2661 or (210) 867-8743, or E-mail us at swkrealtor@aol.com or kelleybus@aol.com. Our SanAntonioHomeQuest.com Realty Solutions Team is always ready to help you with your home buying or selling needs including information about mortgage loans for San Antonio physicians and other professionals.
It's Happening In Bulverde This Weekend
It's Happening In Bulverde This Weekend is brought to you by Stephanie and Randy Kelley, Realtors® at Keller Williams Legacy, San Antonio. If you're looking to buy or sell a San Antonio home, go to SanAntonioHomeQuest.com, read our newsletter, or visit our San Antonio military websites at sanantonioarmypcs.com , sanantonionavypcs.com, or sanantonioairforcepcs.com.
Mike's In The Village is the place to go for fine dining in Bulverde. Here's what's happening at Mikes this weekend.
Bon Appétit,
Chef Mike
PS- Call us at 830-438-2747 to make your dinner reservation.
Go see Chef Mike where it's happening in Bulverde This weekend
Mike's In The Village is the place to go for fine dining in Bulverde. Here's what's happening at Mikes this weekend.
Chef Mike
PS- Call us at 830-438-2747 to make your dinner reservation.
Go see Chef Mike where it's happening in Bulverde This weekend
Monday, September 20, 2010
San Antonio Mortgage Loan Comment - Week of Sep 20, 2010
Market Comment - Week of September 20th, 2010
(Save Reading Time - Read The Bold Highlights)
Mortgage bond prices rose last week pushing interest rates slightly lower. Tame inflation readings helped to counter the better than expected weekly jobless figures. Core producer and consumer price data was generally bond friendly. The Philadelphia Fed report showed tremendous weakness in that region. Industrial product and capacity use data also came in below estimates, which helped rates improve.
Rates fell by about 3/8 of a discount point for the week.
The Fed meeting Tuesday will be the most important even this week. The housing data the beginning and end of the week can result in mortgage interest rate movements. Expect more volatility, as stocks and bonds are likely to continue their back and forth trading pattern.
Inflation
Inflation is an increase in the level of prices of goods and services over a period of time. Signs of inflation do not generally bode well for mortgage bonds. Inflation erodes the value of fixed income securities generally causing bond prices to fall and interest rates to rise. Tame inflation readings are usually well received.
The mortgage bond market received mixed inflation data last week. The producer price index, a major gauge of inflation at the producer level, rose 0.4%, higher than the expected 0.3% increase. However, the core rate, which excludes volatile food and energy, rose 0.1% as expected.
The relatively flat core producer price figure helps reinforce the belief that inflation remains in check. However, the higher than expected producer price figure supports the opposite conclusion. The consumer price release followed the same pattern. Consumer prices rose 0.3%, higher than the expected 0.2% increase. However, the core, which excludes volatile food and energy prices, was unchanged and lower than the expected 0.1% increase. Tame core inflation readings are generally good for fixed income securities such as mortgage bonds. We saw an example of this Friday morning as bond prices rose and interest rates fell.
If future data echoes that of the core consumer price data, then it is a real possibility that mortgage interest rates can remain low. However, if future data shows inflation spikes be ready for a jump in rates. Floating in this environment is risky. The good news is that mortgage interest rates currently are historically favorable.
This article is compliments of Shannon Collier of WR Starkey Mortgage, LLP - A different kind of company...where people come first!
12500 San Pedro Ave., Suite 100
San Antonio, TX 78216
Shannon Collier
Senior Loan Officer
Office: 210-545-9300
e-Fax: 866-703-8734
Cell: 210-725-8470
scollier@wrstarkey.com
www.ShannonCollier.com
NMLS# 232124
(Save Reading Time - Read The Bold Highlights)
Mortgage bond prices rose last week pushing interest rates slightly lower. Tame inflation readings helped to counter the better than expected weekly jobless figures. Core producer and consumer price data was generally bond friendly. The Philadelphia Fed report showed tremendous weakness in that region. Industrial product and capacity use data also came in below estimates, which helped rates improve.
Rates fell by about 3/8 of a discount point for the week.
The Fed meeting Tuesday will be the most important even this week. The housing data the beginning and end of the week can result in mortgage interest rate movements. Expect more volatility, as stocks and bonds are likely to continue their back and forth trading pattern.
Inflation
Inflation is an increase in the level of prices of goods and services over a period of time. Signs of inflation do not generally bode well for mortgage bonds. Inflation erodes the value of fixed income securities generally causing bond prices to fall and interest rates to rise. Tame inflation readings are usually well received.
The mortgage bond market received mixed inflation data last week. The producer price index, a major gauge of inflation at the producer level, rose 0.4%, higher than the expected 0.3% increase. However, the core rate, which excludes volatile food and energy, rose 0.1% as expected.
The relatively flat core producer price figure helps reinforce the belief that inflation remains in check. However, the higher than expected producer price figure supports the opposite conclusion. The consumer price release followed the same pattern. Consumer prices rose 0.3%, higher than the expected 0.2% increase. However, the core, which excludes volatile food and energy prices, was unchanged and lower than the expected 0.1% increase. Tame core inflation readings are generally good for fixed income securities such as mortgage bonds. We saw an example of this Friday morning as bond prices rose and interest rates fell.
If future data echoes that of the core consumer price data, then it is a real possibility that mortgage interest rates can remain low. However, if future data shows inflation spikes be ready for a jump in rates. Floating in this environment is risky. The good news is that mortgage interest rates currently are historically favorable.
This article is compliments of Shannon Collier of WR Starkey Mortgage, LLP - A different kind of company...where people come first!
12500 San Pedro Ave., Suite 100
San Antonio, TX 78216
Shannon Collier
Senior Loan Officer
Office: 210-545-9300
e-Fax: 866-703-8734
Cell: 210-725-8470
scollier@wrstarkey.com
www.ShannonCollier.com
NMLS# 232124
Thursday, September 09, 2010
Seven Easy Tips For San Antonio Home Buyers
So you want to buy a San Antonio home, but aren’t sure how to go about it? Here are seven easy tips to keep you focused on the basics and on track toward meeting your home ownership goal.
■ The absolute first step is to determine your ability to buy a home in the first place. That means looking carefully at your debts and income to see if you’ll have the cash flow to manage a monthly mortgage payment. Ask a lender to qualify you for a loan. It’s as simple as a phone call to your bank, credit union, or a mortgage broker. After answering a few questions, you’ll be told if you'll qualify for a loan and where you should set your home purchase price limit.
■ Find a real estate agent, preferably one that’s credentialed as a Realtor®. The best way is to ask co-workers, friends and relatives for the name of a Realtor® who has given reliable personal service. For an excellent article on the basics for selecting a Realtor® , click here.
■ Ask your selected Realtor® to set up an ongoing automated San Antonio Multiple Listing Service (MLS) listings search for you. Your MLS search will be better than anything you can do on your own and will promptly send you information about the newest listings meeting your requirements.
■ When you find promising listings, ask your Realtor® to conduct showings for you. Act quickly - the best listings go under contract fast.
■ Trust your Realtor® to lead you through the property analysis, pricing, and offer submission processes. That’s what a Realtor® is trained to do.
■Work with your Realtor® to negotiate for the best price and for any incentives the seller might be willing to offer. Certainly a sales price reduction comes first, but incentives like a home protection plan, contributions to your closing costs, home repairs, and seller paid mortgage points add value to your purchase.
■ Make sure you carefully read and comprehend your purchase contract and stay fully in touch with the purchase process from beginning to closing. Although it’s your Realtor’s® job to keep you, and the process, on track, it’s your job to stay focused and concentrate persistently on the home buying tasks at hand. If you feel uncomfortable about anything, tell your Realtor® immediately.
Buying a home is always a challenging process, but, if you follow the preceding tips and trust the leadership of a reliable real estate professional, it will be as close to hassle free as possible.
For unexcelled home buyer representation, you need look no further than our San Antonio Home Quest Realty Solutions Team.
We’re Stephanie and Randy Kelley, Realtors® of Keller Williams Legacy, San Antonio, Texas. If you have questions, need San Antonio realty or mortgage loan advice or assistance, or just want to chat a bit about the wonderful Alamo City, please call us at (210) 863-2661 or (210) 867-8743, or E-mail us at swkrealtor@aol.com or kelleybus@aol.com. Our SanAntonioHomeQuest.com Realty Solutions Team is always ready to help you with your home buying or selling needs.
■ The absolute first step is to determine your ability to buy a home in the first place. That means looking carefully at your debts and income to see if you’ll have the cash flow to manage a monthly mortgage payment. Ask a lender to qualify you for a loan. It’s as simple as a phone call to your bank, credit union, or a mortgage broker. After answering a few questions, you’ll be told if you'll qualify for a loan and where you should set your home purchase price limit.
■ Find a real estate agent, preferably one that’s credentialed as a Realtor®. The best way is to ask co-workers, friends and relatives for the name of a Realtor® who has given reliable personal service. For an excellent article on the basics for selecting a Realtor® , click here.
■ Ask your selected Realtor® to set up an ongoing automated San Antonio Multiple Listing Service (MLS) listings search for you. Your MLS search will be better than anything you can do on your own and will promptly send you information about the newest listings meeting your requirements.
■ When you find promising listings, ask your Realtor® to conduct showings for you. Act quickly - the best listings go under contract fast.
■ Trust your Realtor® to lead you through the property analysis, pricing, and offer submission processes. That’s what a Realtor® is trained to do.
■Work with your Realtor® to negotiate for the best price and for any incentives the seller might be willing to offer. Certainly a sales price reduction comes first, but incentives like a home protection plan, contributions to your closing costs, home repairs, and seller paid mortgage points add value to your purchase.
■ Make sure you carefully read and comprehend your purchase contract and stay fully in touch with the purchase process from beginning to closing. Although it’s your Realtor’s® job to keep you, and the process, on track, it’s your job to stay focused and concentrate persistently on the home buying tasks at hand. If you feel uncomfortable about anything, tell your Realtor® immediately.
Buying a home is always a challenging process, but, if you follow the preceding tips and trust the leadership of a reliable real estate professional, it will be as close to hassle free as possible.
For unexcelled home buyer representation, you need look no further than our San Antonio Home Quest Realty Solutions Team.
We’re Stephanie and Randy Kelley, Realtors® of Keller Williams Legacy, San Antonio, Texas. If you have questions, need San Antonio realty or mortgage loan advice or assistance, or just want to chat a bit about the wonderful Alamo City, please call us at (210) 863-2661 or (210) 867-8743, or E-mail us at swkrealtor@aol.com or kelleybus@aol.com. Our SanAntonioHomeQuest.com Realty Solutions Team is always ready to help you with your home buying or selling needs.
Wednesday, September 08, 2010
San Antonio Home Buying - Improve Your Credit Score
If you’re looking to buy a San Antonio area home and you’ll need a mortgage loan to do it, it’s advisable to check your credit scores just to make sure you can qualify for a home loan. If the news is bad, click here for an excellent article on how to improve your credit rankings.
If you looking to buy or sell a San Antonio home or just want to chat about the wonderful Alamo City, contact us.
We’re Stephanie and Randy Kelley, Realtors® of Keller Williams Legacy, San Antonio, Texas. If you have questions, need San Antonio realty or mortgage loan advice or assistance, or just want to chat a bit about the wonderful Alamo City, please call us at (210) 863-2661 or (210) 867-8743, or E-mail us at swkrealtor@aol.com or kelleybus@aol.com. Our SanAntonioHomeQuest.com Realty Solutions Team is always ready to help you with your home buying or selling needs.
If you looking to buy or sell a San Antonio home or just want to chat about the wonderful Alamo City, contact us.
We’re Stephanie and Randy Kelley, Realtors® of Keller Williams Legacy, San Antonio, Texas. If you have questions, need San Antonio realty or mortgage loan advice or assistance, or just want to chat a bit about the wonderful Alamo City, please call us at (210) 863-2661 or (210) 867-8743, or E-mail us at swkrealtor@aol.com or kelleybus@aol.com. Our SanAntonioHomeQuest.com Realty Solutions Team is always ready to help you with your home buying or selling needs.
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