| |
| |
|
Showing posts with label San Antonio Physician Loan. Show all posts
Showing posts with label San Antonio Physician Loan. Show all posts
Friday, October 25, 2013
San Antonio, Texas, Mortgage Rates For October 25, 2013
Call for Super Service!!
Tuesday, March 26, 2013
San Antonio Texas Best Mortgage Rates 26 March 2013
If you're looking to buy or sell a San Antonio area home, visit sanantoniohomequest.com Keller Williams Legacy for the latest San Antonio real estate news, best listings search engine and reliable online realty advice and assistance. Buyers, see our Public Service Home Buyer Reward Program to learn how we might help you save money on your home purchase settlement fees.
Now, here is the 26 March 2013 San Antonio mortgage rate sheet from Homewood Mortgage.
San Antonio Texas Purchase & Refinance Mortgage Rates
You'll be happy with these low rates & low fee loans. Let your friends and family know that we will beat any deal on rates, fee's and service.
We are from Texas, we are operated in Texas, and we are Texas Strong!
All loans close on-time and within 30 Days or less.
Refinance Rates & Purchase Rates could be lower. Call me to discuss.
Now, here is the 26 March 2013 San Antonio mortgage rate sheet from Homewood Mortgage.
San Antonio Texas Purchase & Refinance Mortgage Rates
You'll be happy with these low rates & low fee loans. Let your friends and family know that we will beat any deal on rates, fee's and service.
We are from Texas, we are operated in Texas, and we are Texas Strong!
All loans close on-time and within 30 Days or less.
Refinance Rates & Purchase Rates could be lower. Call me to discuss.
| |
| |
|
Monday, January 28, 2013
San Antonio Weekly Mortgage Newsletter
Monday, January 09, 2012
San Antonio VA Home Loans
If you’re looking to buy or sell a San Antonio area home, please visit Randy and Stephanie Kelley’s sanantoniohomequest.com website for the essential advice and assistance you’ll need, including access to our world class realty search engine.
Now, speaking of San Antonio home buying, here is important information about San Antonio VA home loan benefits.
Mortgage interest rates are at historic lows.
Now is the time to get $417,000 or more through your VA Home Loan benefit.
Buy a home or refinance now to:
Lock In A Low Rate and Lower Monthly Payments,
With No Downpayment or PMI Required, Or
To Pay Off Higher-Rate Balances, Or
Pay Off a Second Mortgage
These San Antonio VA Home Loan lenders can help you buy or refinance :
Jamie Spanley
Mortgage Banking Officer
Physician And Other Professional Loan Programs & VA Loans
BBVA Compass Bank, San Antonio
200 Concord Plaza, Ste 600
San Antonio, TX 78216
(210) 370-6028 (office)
(210) 274-5011 (cell)
(866) 491-5619 (fax)
jaime.spanley@bbvacompass.com
Mortgage Banking Officer
Physician And Other Professional Loan Programs & VA Loans
BBVA Compass Bank, San Antonio
200 Concord Plaza, Ste 600
San Antonio, TX 78216
(210) 370-6028 (office)
(210) 274-5011 (cell)
(866) 491-5619 (fax)
jaime.spanley@bbvacompass.com
or
Patrick Fitzgerald
Senior Loan Officer and Military Expert
Prime Lending
(210) 483-4900 (office)
(800) 671-4995 (toll free)
(210) 862-6296 (mobile)
(877) 877-9028 (fax)
Pat@PrimeLending.com
or
J.P. Watkins, Mortgage Broker
True Texas Lending, LLC
9311 San Pedro , Ste 100
San Antonio, TX 78216
Toll Free (1-800) 460-6990
Office: (210) 490-4253
Cell: (210) 837-3006
FAX: (210) 490-7253
Jpwatkins@truetexaslending.com
True Texas Lending, LLC
9311 San Pedro , Ste 100
San Antonio, TX 78216
Toll Free (1-800) 460-6990
Office: (210) 490-4253
Cell: (210) 837-3006
FAX: (210) 490-7253
Jpwatkins@truetexaslending.com
or
Melissa Kulikoff
Sr. Loan Officer
AMCAP Mortgage, Ltd.
Cell: (210) 849-9030
Fax: (210) 957-8535
yourtexaslender@gmail.com
Tuesday, December 13, 2011
San Antonio, Texas, FHA Mortgage Loan Limits
If you’re looking to buy or sell a San Antonio area home, please visit Randy and Stephanie Kelley’s website for all the advice and assistance you’ll need, including access to our world class realty search engine. You can find us at sanantoniohomequest.com.
Now, here’s today’s blog article, based on a recent notice from J.P. Watkins, loan officer at SWBC Mortgage Corporation, San Antonio.
J. P. writes that there’s great news for San Antonio area home buyers regarding an increase in FHA loan limits.
The result is that borrowers can once again qualify to buy a higher priced home because the FHA loan limits are higher.
The limits were announced in Mortgagee Letter 2011-39. You can look up the new limits for the San Antonio area and other areas throughout the country by visiting: https://entp.hud.gov/idapp/html/hicostlook.cfm.
The site shows the following limits for home in Bexar County/San Antonio, as of 30 November 2011:
One-Family Home $332,500
Two-Family Home $425,650
Three-Family Home $514,500
Four-Family-Home $639, 400
For more information, please contact JP Watkins Loan Officer, NMLS#220598, at SWBC Mortgage Corporation, 9311 San Pedro, Ste 100, San Antonio, TX 78216 Ph. 210.581.1533 Fx. 210-581-1633 Cell 210.837.3006 Website: www.swbcmortgage.com/watkins
Thursday, November 10, 2011
Loan Prequalification And Down Payment For San Antonio Homes For Sale
The SanAntonioHomeQuest.com Realty Solutions Team loves to answer questions about buying and selling homes. Here's the latest one.Question: How do I get pre-qualified and what is a good down-payment for a home?
Our Answer: If you are just wanting to get an idea, you could use the link below for some general information:
http://cgi.money.cnn.com/tools/houseafford/houseafford.html
If you are seriously considering purchasing, you will want to visit with a loan officer that you feel you can trust. Your agent might recommend one or you could ask friends to suggest someone with whom they have had a good experience. You could also visit your personal bank or credit union.
A pre-qualification should not cost you anything. A pre-approval is often required when you are ready to make an offer and that will usually have the cost of a loan application and credit check. The pre-qual is enough to get started in most areas, but there will be a point where you need approval.
The down payment is variable and is different from your earnest money. How much you choose to put down (along with other things) can affect the interest rate. If you are VA eligible, or qualify for a USDA financing, you may get by with 00 down payment. FHA will require 3.5 percent down. A conventional loan will vary and can run anywhere from 5% to as much as you want to put down. Many people choose 20% down on a conventional loan to avoid private mortgage insurance (PMI).
A good agent and/or a good loan officer will guide you through this maze? Good luck!
If you're looking for San Antonio homes for sale, visit our world class search engine at
http://www.sanantoniohomequest.com/ext-search-listings.asp.
Brought to you by the SanAntonioHomeQuest.com Realty Solutions team. If you have a question about San Antonio, real estate, mortgage loans, anything realty -- go here -- and we'll get back to you with our answer as soon as possible.
Friday, November 05, 2010
Sunday, November 7 - Turn Your Clocks Back
Compliments of:
JAY GILMORE
Senior Loan Officer
W.R. Starkey Mortgage
Office: 210-545-9300
e-Fax: 866-694-0243
Cell: 210-287-2659
jgilmore@wrstarkey.com
http://www.leavejayaloan.com/
NMLS# 232136
When it's time to buy or sell a San Antonio home, call on us.
We're Stephanie and Randy Kelley, Realtors® at 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 our 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.
Don't Forget - Sunday, November 7 - Turn Your Clocks Back
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.
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.
Wednesday, August 18, 2010
San Antonio Living - The Botanical Garden
San Antonio is a great place to work and live. A favorite recreation spot is the wonderful San Antonio Botanical Garden. It's very conveniently located close to center city, sponsors a farmer's market, and has activities that appeal to adults and children.
Here are the remaining special events for 2010:
Playhouses and Forts Exhibit. June 26 through October 24 This activity is a kiddie must.
Gardens by Moonlight. September 25
Art in the Garden. October 14 - George Schroeder opening
BOOtanica - October 24 Not to be missed by the kids. It's a Halloween happening.
For classes, tours, and more information click here.
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.
Friday, August 13, 2010
First Rule For San Antonio Home Buying
At SanAntonioHomeQuest.com, we believe an informed home buyer is a wise buyer. That’s why our Realty Solutions Team has compiled a series of easy to remember hints and rules for our home buyer guests.
First and foremost, here's the “Cardinal Rule” that home buyers should always keep in mind.
DON’T START YOUR SEARCH WITHOUT KNOWING WHAT YOU CAN AFFORD.
Sounds logical, doesn’t it, but a surprising number of buyers waste time and effort looking at houses they can’t afford. Now, if you’re wealthy enough to make a cash purchase, just make sure your money is liquid enough to bring to the closing table. But, if you’ll need a mortgage loan to seal the deal, don’t hesitate to consult with one or more lenders before starting your home quest. Mortgage loan officers want your business and, usually without charge, will happily help you determine your purchasing power based on your available assets, income to debt ratio, and credit history. So, don’t be afraid to talk with at least one lender before seriously shopping for a home.
There are lenders with more reliable experience than others. If you want names and contact information for those lenders, please 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.
First and foremost, here's the “Cardinal Rule” that home buyers should always keep in mind.
DON’T START YOUR SEARCH WITHOUT KNOWING WHAT YOU CAN AFFORD.
Sounds logical, doesn’t it, but a surprising number of buyers waste time and effort looking at houses they can’t afford. Now, if you’re wealthy enough to make a cash purchase, just make sure your money is liquid enough to bring to the closing table. But, if you’ll need a mortgage loan to seal the deal, don’t hesitate to consult with one or more lenders before starting your home quest. Mortgage loan officers want your business and, usually without charge, will happily help you determine your purchasing power based on your available assets, income to debt ratio, and credit history. So, don’t be afraid to talk with at least one lender before seriously shopping for a home.
There are lenders with more reliable experience than others. If you want names and contact information for those lenders, please 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.
Thursday, August 12, 2010
Buying A New Construction San Antonio Home
It’s always worthwhile to look at the new home builders’ products. A newly built home’s appeal is great. It’s easy to see why. Each year, the builders seem to have more and more enticing features built into their products. The homes are new and unspoiled. They don’t have the expected wear and tear found in every resale home, no matter its age. The builders’ lending programs are very competitive and the builders offer additional incentives to encourage the buyer to use their affiliate lenders.
That said, be cautious if you decide to buy a new construction product . It’s not in your best interest to rely on the sales representative and construction staff to adequately represent your interests. Take along someone who knows the hooks and pitfalls of every new home buyer incentive and mortgage loan program. Use someone who knows how to monitor the process from contract writing to closing and who’s ready to step in on your behalf is something goes awry.
If you decide to buy a new construction home - or a resale - we'll be happy to help.
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.
That said, be cautious if you decide to buy a new construction product . It’s not in your best interest to rely on the sales representative and construction staff to adequately represent your interests. Take along someone who knows the hooks and pitfalls of every new home buyer incentive and mortgage loan program. Use someone who knows how to monitor the process from contract writing to closing and who’s ready to step in on your behalf is something goes awry.
If you decide to buy a new construction home - or a resale - we'll be happy to help.
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.
Tuesday, August 10, 2010
San Antonio Area Taxes, Auto Registration, Insurance Information
If you're moving to the San Antonio area, you’ll want to know about local taxes and the cost of registering your automobile and insuring your home. Here are the facts.
The area’s sales tax rate averages 8.125% but may vary a little between the various incorporated jurisdictions in and around San Antonio and Bexar County.
The real estate property tax varies between jurisdictions and is influenced mostly by the school tax component. Count on paying approximately 3% of your home's tax appraised value for the more costly school districts to as low as 2% or less for rural areas.
What about homeowner’s insurance? The cost will vary between insurers. As a rule of thumb, count on paying approximately .005 times your home’s value.
And now, what about the cost of bringing a non-Texas registered auto into the area? You’ll pay a registration fee of $60 to $90, a title application fee of $28 to $33 - depending on the county - and a new resident auto tax of $90. You’ll required to have the auto inspected. That will cost approximately $18.00.
That's the facts.
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 area’s sales tax rate averages 8.125% but may vary a little between the various incorporated jurisdictions in and around San Antonio and Bexar County.
The real estate property tax varies between jurisdictions and is influenced mostly by the school tax component. Count on paying approximately 3% of your home's tax appraised value for the more costly school districts to as low as 2% or less for rural areas.
What about homeowner’s insurance? The cost will vary between insurers. As a rule of thumb, count on paying approximately .005 times your home’s value.
And now, what about the cost of bringing a non-Texas registered auto into the area? You’ll pay a registration fee of $60 to $90, a title application fee of $28 to $33 - depending on the county - and a new resident auto tax of $90. You’ll required to have the auto inspected. That will cost approximately $18.00.
That's the facts.
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, July 30, 2010
San Antonio Homes For Sale - Property Taxes
So, what can a home buyer expect to pay in yearly real estate taxes in and around San Antonio and Bexar and adjoining counties?
The following is a very good article from the Bexar County tax assessor’s website. It’s worth reading because it explains how the property taxes are set and collected, but doesn’t specifically address tax rates.
To save research time, simply contact a San Antonio area real estate advisor and ask for tax information on a representative property meeting your home ownership wants and needs. For example, tell the advisor you want to know about property taxes for the average recent vintage $100,000, 3 bedroom, 2 and 1/2 bath, 2 car garage home near Randolph Air Force Base.
Your real estate advisor should be able to tell you very quickly about the average property tax bill for such a property. By the way, the answer is approximately $3,000 per year.
Here’s the article explaining the Texas property tax system:
Property Taxes. Property taxes are local taxes. Local officials value your property, set your tax rates, and collect your taxes. State law governs how this process works.There are four main parts to the property tax system. The appraisal district values property, administers exemptions, calculates tax ceilings and maintains current ownership information on the appraisal records. The appraisal review board is a panel made up of people from the local community. They are independent from the appraisal district. They settle any disagreements between the appraisal district and the property owner about the valuation of the property. The governing bodies of the taxing units, such as the city councils, school boards, or county commissioners decide the annual budgets and set the tax rates. This determines the total amount of taxes to be paid. The tax office calculates the levy, mails the statements, collects the taxes and disburses the tax revenue to the taxing units.The Bexar County Tax Office collects taxes for 52 taxing entities. All property in Bexar County is taxable by the county, Flood Control, Alamo Community College District, University Health System, San Antonio River Authority and one of the independent school districts. There may also be additional taxes for cities or towns, or special districts such as municipal utility and Emergency Service Districts.Property taxes are a major source of funding for local services. They help pay for public schools, community health services, fire and police protection, streets, roads, flood control projects, and many other services.The property tax is an ad valorem tax. Ad valorem is a Latin phrase which means according to value. The tax is based on the value of the property. For example the property tax on land valued at $10,000 will be ten times higher than land valued at $1,000.
All property is taxable unless state or federal law exempts all or part of the value. Total exemptions may be granted for public properties or those owned by qualifying organizations such as churches, schools, or charitable organizations. A partial property tax exemption excludes part of a property´s value from taxation (i.e., General Residential Homestead, Over-65 Homestead, Disability Homestead and Disabled Veterans Exemptions).
What a property is used for on January 1, market conditions at the time, and who owns the property on that date, determine whether the property is taxed, its value, and who is responsible for paying the tax. A tax lien attaches to property on January 1 to secure payment of taxes for the year.
Of course, we’ll be pleased to answer your property tax questions and, if you’re a buyer looking to visit listings or a seller wanting to sell ahome, we can help.
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 http://kelleybus@aol.c/om. Our SanAntonioHomeQuest.com Realty Solutions Team is always ready to help you with your home buying or selling needs.
Labels: Homes For Sale San Antonio, PCS San Antonio, San Antonio Army PCS, San Antonio Navy PCS, San Antonio Physician Loans , San Antonio Real Estate, San Antonio Realty, San Antonio Realty Market Report
The following is a very good article from the Bexar County tax assessor’s website. It’s worth reading because it explains how the property taxes are set and collected, but doesn’t specifically address tax rates.
To save research time, simply contact a San Antonio area real estate advisor and ask for tax information on a representative property meeting your home ownership wants and needs. For example, tell the advisor you want to know about property taxes for the average recent vintage $100,000, 3 bedroom, 2 and 1/2 bath, 2 car garage home near Randolph Air Force Base.
Your real estate advisor should be able to tell you very quickly about the average property tax bill for such a property. By the way, the answer is approximately $3,000 per year.
Here’s the article explaining the Texas property tax system:
Property Taxes. Property taxes are local taxes. Local officials value your property, set your tax rates, and collect your taxes. State law governs how this process works.There are four main parts to the property tax system. The appraisal district values property, administers exemptions, calculates tax ceilings and maintains current ownership information on the appraisal records. The appraisal review board is a panel made up of people from the local community. They are independent from the appraisal district. They settle any disagreements between the appraisal district and the property owner about the valuation of the property. The governing bodies of the taxing units, such as the city councils, school boards, or county commissioners decide the annual budgets and set the tax rates. This determines the total amount of taxes to be paid. The tax office calculates the levy, mails the statements, collects the taxes and disburses the tax revenue to the taxing units.The Bexar County Tax Office collects taxes for 52 taxing entities. All property in Bexar County is taxable by the county, Flood Control, Alamo Community College District, University Health System, San Antonio River Authority and one of the independent school districts. There may also be additional taxes for cities or towns, or special districts such as municipal utility and Emergency Service Districts.Property taxes are a major source of funding for local services. They help pay for public schools, community health services, fire and police protection, streets, roads, flood control projects, and many other services.The property tax is an ad valorem tax. Ad valorem is a Latin phrase which means according to value. The tax is based on the value of the property. For example the property tax on land valued at $10,000 will be ten times higher than land valued at $1,000.
All property is taxable unless state or federal law exempts all or part of the value. Total exemptions may be granted for public properties or those owned by qualifying organizations such as churches, schools, or charitable organizations. A partial property tax exemption excludes part of a property´s value from taxation (i.e., General Residential Homestead, Over-65 Homestead, Disability Homestead and Disabled Veterans Exemptions).
What a property is used for on January 1, market conditions at the time, and who owns the property on that date, determine whether the property is taxed, its value, and who is responsible for paying the tax. A tax lien attaches to property on January 1 to secure payment of taxes for the year.
END OF ARTICLE
Of course, we’ll be pleased to answer your property tax questions and, if you’re a buyer looking to visit listings or a seller wanting to sell ahome, we can help.
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 http://kelleybus@aol.c/om. Our SanAntonioHomeQuest.com Realty Solutions Team is always ready to help you with your home buying or selling needs.
Labels: Homes For Sale San Antonio, PCS San Antonio, San Antonio Army PCS, San Antonio Navy PCS, San Antonio Physician Loans , San Antonio Real Estate, San Antonio Realty, San Antonio Realty Market Report
Thursday, July 29, 2010
Tips For Buying A San Antonio Home - Coming Up With The Down Payment
If you’re looking to buy a San Antonio home and you’re entitled to VA mortgage loan benefits, you’ll most likely use a VA mortgage to make your purchase. Why? Because your VA mortgage loan provides 100% financing, ie., you can be in with no down payment.
But, what if you can’t qualify for a VA mortgage loan?
The good news is this. In today’s market, if your credit score (minimum 620) and your debt-to-income ratios are good, there will be a mortgage loan program available for you. The bad news is this. You’ll have to come up with a down payment.
So, how do you come up with down payment money?
Click here for timely tips offered by San Francisco blogger Tara-Nicholle Nelson. It’s a good article - well worth the reading.
And, of course, when you’re ready to visit homes for sale and deal with mortgage lenders, we can help.
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.
But, what if you can’t qualify for a VA mortgage loan?
The good news is this. In today’s market, if your credit score (minimum 620) and your debt-to-income ratios are good, there will be a mortgage loan program available for you. The bad news is this. You’ll have to come up with a down payment.
So, how do you come up with down payment money?
Click here for timely tips offered by San Francisco blogger Tara-Nicholle Nelson. It’s a good article - well worth the reading.
And, of course, when you’re ready to visit homes for sale and deal with mortgage lenders, we can help.
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, July 28, 2010
Buying A San Antonio Foreclosure Property
So, you might want to buy a "foreclosure?"
You've heard a foreclosure might be an opportunity to snag a home for a bargain price. But, what, exactly, is a foreclosure?
The term "foreclosure" is defined by the status of the property.
First, there is the foreclosure being auctioned at the courthouse steps by a trustee representing the lender after the homeowner has defaulted on the mortgage payments. This type of foreclosure is risky and most buyers avoid taking the risk if they aren't well versed with the legal and technical aspects of buying a foreclosure auction property.
Second, there is the foreclosure that has already been sold at the courthouse steps and, more often than not, bought by the lender foreclosing on the property in the first place. These foreclosure properties are most commonly referred to as REO (real estate owned) properties, meaning they are owned by lending institutions. Usually, a REO is eventually listed for sale in the local Multiple Listing Service (MLS).
Third, there is foreclosure signed over to the government by a lender after a borrower has defaulted on a FHA or VA loan. The lender gets the loan insurance proceeds guaranteed by the FHA or VA program and gets off the hook. The government takes over, MLS advertises the property, and, through an intermediary asset manager, sells the property.
A foreclosure may be a good deal, but don't count on it in the San Antonio realty market. It seems like our market has stayed too healthy to drive down the value of foreclosures in good condition. The best foreclosures can even sell for a price above market value.
If you find a foreclosure that meets your needs, seek the assistance of an experienced realty advisor to help you through the bidding process.
We can help. 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.
You've heard a foreclosure might be an opportunity to snag a home for a bargain price. But, what, exactly, is a foreclosure?
The term "foreclosure" is defined by the status of the property.
First, there is the foreclosure being auctioned at the courthouse steps by a trustee representing the lender after the homeowner has defaulted on the mortgage payments. This type of foreclosure is risky and most buyers avoid taking the risk if they aren't well versed with the legal and technical aspects of buying a foreclosure auction property.
Second, there is the foreclosure that has already been sold at the courthouse steps and, more often than not, bought by the lender foreclosing on the property in the first place. These foreclosure properties are most commonly referred to as REO (real estate owned) properties, meaning they are owned by lending institutions. Usually, a REO is eventually listed for sale in the local Multiple Listing Service (MLS).
Third, there is foreclosure signed over to the government by a lender after a borrower has defaulted on a FHA or VA loan. The lender gets the loan insurance proceeds guaranteed by the FHA or VA program and gets off the hook. The government takes over, MLS advertises the property, and, through an intermediary asset manager, sells the property.
A foreclosure may be a good deal, but don't count on it in the San Antonio realty market. It seems like our market has stayed too healthy to drive down the value of foreclosures in good condition. The best foreclosures can even sell for a price above market value.
If you find a foreclosure that meets your needs, seek the assistance of an experienced realty advisor to help you through the bidding process.
We can help. 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.
Tuesday, July 27, 2010
VA Loan Eligibility For Buying A San Antonio Home
Do you have questions about your VA eligibility for buying a San Antonio home?
Your eligibility is determined on a case-by-case basis by the Department of Veteran Affairs and is proven by a Certificate of Eligibility showing the amount of your entitlement.
To be considered for a VA home loan, you must meet one or a combination of these basic military service requirements:
90 days of active duty during wartime
181 days of continuous active duty during peacetime
6 years of service for Reservist/National Guard
Must you have an honorable discharge to qualify? Perhaps not. When it comes to the question of discharge type, the VA determines eligibility on a case-by-case basis.
Issuance of your Certificate of Eligibility (COE) is essential before you apply for your VA backed home mortgage. It tells the lender the amount of your entitlement.
So, what's so great about a VA home loan? Basically, it's a wonderful reward for your dedication and service to your country. Specifically, you'll enjoy:
No down payment (100% financing)
No private mortgage insurance (PMI)
Relaxed qualifying standards
Competitive interest rates
No penalties for mortgage pre-payment
Cash-out and debt consolidation
Streamline rate reduction
For more information on your eligibility, you should contact the U.S. Department of Veterans Affairs, or speak with a VA loan professional at your credit union, bank, or at a mortgage brokerage.
We can help you find a VA loan expert. 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.
Your eligibility is determined on a case-by-case basis by the Department of Veteran Affairs and is proven by a Certificate of Eligibility showing the amount of your entitlement.
To be considered for a VA home loan, you must meet one or a combination of these basic military service requirements:
90 days of active duty during wartime
181 days of continuous active duty during peacetime
6 years of service for Reservist/National Guard
Must you have an honorable discharge to qualify? Perhaps not. When it comes to the question of discharge type, the VA determines eligibility on a case-by-case basis.
Issuance of your Certificate of Eligibility (COE) is essential before you apply for your VA backed home mortgage. It tells the lender the amount of your entitlement.
So, what's so great about a VA home loan? Basically, it's a wonderful reward for your dedication and service to your country. Specifically, you'll enjoy:
No down payment (100% financing)
No private mortgage insurance (PMI)
Relaxed qualifying standards
Competitive interest rates
No penalties for mortgage pre-payment
Cash-out and debt consolidation
Streamline rate reduction
For more information on your eligibility, you should contact the U.S. Department of Veterans Affairs, or speak with a VA loan professional at your credit union, bank, or at a mortgage brokerage.
We can help you find a VA loan expert. 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.
Thursday, July 22, 2010
Minimum Credit Score To Qualify To Buy A San Antonio Home
It's a fabulous summer for San Antonio home sales. There's a larger than usual inventory of reasonably priced and well prepared resale homes. New home builders are enticing buyers with valuable incentives. Mortgage interest rates are historically low.
Yet, many buyers have been holding back, concerned about their ability to acquire a mortage loan and confused about the sustainability of the national economic recovery.
Nonetheless, lenders report a promising trend. It appears more prospective buyers are now willing to launch their home search and are wisely consulting with a loan officer about qualifing for a mortgage loan.
Lenders report the average loan seeker almost always starts the loan qualifying discussion with questions about the significance of the FICO credit score. Most people already know their score but aren't sure what it means. Here's the answer.
FICO scores generally fall between 550 and 800. Nearly 20% of the U.S. population have a credit score under 620 and that's the cutoff for a prime-rate loan. But the FICO score is only one of many factors taken into consideration when qualifying for loan. For example, income and debt issues can offset even the best FICO score.
Once all factors are taken into consideration, a loan officer can advise a prospective buyer to either start looking for a dream home or to take steps to improve the financial factors holding back qualiflying for a mortgage loan.
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.
Yet, many buyers have been holding back, concerned about their ability to acquire a mortage loan and confused about the sustainability of the national economic recovery.
Nonetheless, lenders report a promising trend. It appears more prospective buyers are now willing to launch their home search and are wisely consulting with a loan officer about qualifing for a mortgage loan.
Lenders report the average loan seeker almost always starts the loan qualifying discussion with questions about the significance of the FICO credit score. Most people already know their score but aren't sure what it means. Here's the answer.
FICO scores generally fall between 550 and 800. Nearly 20% of the U.S. population have a credit score under 620 and that's the cutoff for a prime-rate loan. But the FICO score is only one of many factors taken into consideration when qualifying for loan. For example, income and debt issues can offset even the best FICO score.
Once all factors are taken into consideration, a loan officer can advise a prospective buyer to either start looking for a dream home or to take steps to improve the financial factors holding back qualiflying for a mortgage loan.
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.
Subscribe to:
Posts (Atom)