Stafford, TX Real Estate News

By The Legacy Group, The LegacyGroup of CrossCountry Mortgage
(CrossCountry Mortgage)
Veterans now have access to a new VA renovation loan to refurbish or remodel their homes.  This loan program is available for new home purchases as well as for remodeling homes currently owned by the veteran.  It is estimated that over 50% of homes nationally are 40 years or older, and in the current housing market many homes are in need of updating, addressing deferred maintenance, or improving the energy efficiency of homes to lower utility costs.VA loan benefits include the following unique advantages:  a.  up to 100% financing, b.  no mortgage insurance, c.  up to $ 35,000 in renovation funds escrowed, d.  all renovations must be completed within 60 days of closing, e.  you can close on a purchase or refinance in the “as is” condition, f. you can borrow against the future value of t...
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By The Legacy Group, The LegacyGroup of CrossCountry Mortgage
(CrossCountry Mortgage)
Special Government Home Renovation Loan Program using Stafford TX FHA 203k Renovation Loans.Many people are not aware of a special government loan program that is part of the Federal Housing Administration or FHA (a department within HUD). A buyer or existing home owner can do meaningful amounts of remodeling or updates to their existing home without having a higher cost second lien thanks to this special FHA loan program.However, this loan program doesn't allow for "luxury items" in your home such as a swimming pool, hot tub, or other accessories. Although, you can repaint, replace flooring and appliances, add a room to an existing structure (which can add to value tremendously as you increase the square feet of your home) as well as remodel cabinetry in kitchens and bathrooms.This loa...
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By The Legacy Group, The LegacyGroup of CrossCountry Mortgage
(CrossCountry Mortgage)
Veterans now have access to a new VA renovation loan to refurbish or remodel their homes.  This loan program is available for new home purchases as well as for remodeling homes currently owned by the veteran.  It is estimated that over 50% of homes nationally are 40 years or older, and in the current housing market many homes are in need of updating, addressing deferred maintenance, or improving the energy efficiency of homes to lower utility costs.VA loan benefits include the following unique advantages:  a.  up to 100% financing, b.  no mortgage insurance, c.  up to $ 35,000 in renovation funds escrowed, d.  all renovations must be completed within 60 days of closing, e.  you can close on a purchase or refinance in the “as is” condition, f. you can borrow against the future value of t...
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By The Legacy Group, The LegacyGroup of CrossCountry Mortgage
(CrossCountry Mortgage)
Stafford TX Veterans Loans - the best loan program in Texas!  VA Mortgage Loans are one of the best mortgage loan programs available today for both honorably discharged Vets and active duty military personnel.  Here are some of the great features of this fantastic program:  - Zero Down Payment, 100% financing.  - Monthly mortgage insurance is not tacked on to your payment.  - Easier credit qualifying compared to other types of mortgage loans.- VA Mortgage Rates are low compared to other types of home loans.   How do you know if you qualify for Stafford TX Veterans Loans.  You must first verify your eligibility. Eligibility is verified by ordering your Certificate of Eligibility or COE. A Texas VA loan lender can order your COE quickly for you, or you can go directly to the VA to obtain ...
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By The Legacy Group, The LegacyGroup of CrossCountry Mortgage
(CrossCountry Mortgage)
Veterans now have access to a new VA renovation loan to refurbish or remodel their homes.  This loan program is available for new home purchases as well as for remodeling homes currently owned by the veteran.  It is estimated that over 50% of homes nationally are 40 years or older, and in the current housing market many homes are in need of updating, addressing deferred maintenance, or improving the energy efficiency of homes to lower utility costs.VA loan benefits include the following unique advantages:  a.  up to 100% financing, b.  no mortgage insurance, c.  up to $ 35,000 in renovation funds escrowed, d.  all renovations must be completed within 60 days of closing, e.  you can close on a purchase or refinance in the “as is” condition, f. you can borrow against the future value of t...
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By Joy Roussell, Dedicated Realtor
Market report: This real estate market report is a focus on homes for sale in Stafford TX 77477. It analyzes the current real estate market situation in Stafford TX and gives an overview of the current local real estate trends.   The median list price for Stafford TX is currently $159,450. The price has relatively stayed the same since January. Which means the prices of homes are staying steady currently in Stafford TX. So if you're looking for a home, now might be the time to buy. With 32 properties on the real estate market, you shouldn't have a problem finding a home in Stafford TX. Considering Stafford TX is not a large city, 32 properties in the 77477 area is a lot. Give me a call and I can help you find the perfect home for you. Although, compared to last month, the number of prop...
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By Joy Roussell, Dedicated Realtor
Market report: This market report is a focus on homes for sale in Stafford TX 77477. It analyzes the current real estate market situation in Stafford TX and gives an overview of the current local real estate trends.   The median list price for Stafford TX is currently $159,000. The price has relatively stayed the same since December. Which means the prices of homes are staying steady currently in Stafford TX. So if you're looking for a home, now might be the time to buy. With 25 properties on the real estate market, you shouldn't have a problem finding a home in Stafford TX. Considering Stafford is not a large city, 25 properties in the 77477 area is a lot. Give me a call and I can help you find the perfect home for you. Although, compared to last month, the number of properties has dec...
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By Joy Roussell, Dedicated Realtor
Like I said in my last market report, The market is very unpredictable! It can change in literally a week! Or better yet, even in a day!  The median list price for Stafford is currently $185,000! There are also 45 properties on the market! That has increased significantly from last week!! So if you're looking for a home, there going quick! Compared to Missouri City, this is a very large difference in the number of homes we have on the market! Which means, as of right now, it is both a Seller's and Buyer's Market Advantage! If you're thinking about buying or selling a home in the Stafford area, it might be your time to shine! Right now, our average for properties to stay on the market is 66 days! And compared to last week, this has gone down! Which means homes are starting to sell quick!...
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By Clint Weldon
(Weldon Realty Group - Jaron Hall Properties)
 My first blog today. I have launched a new realtor website that is focused on Meadows Place TX real estate and the surrounding areas.  You can visit the Meadows Place TX website to search for real estate in a great location to commute to the Galleria, Town & Country, the Medical Center, and Downtown Houston.    The City of Meadows Place is a one-square mile "city" right in middle the commute from Sugar Land to Houston on highway 59.  We have our own mayor, city council, police force, etc. If you know of anyone who might be interested in affordable homes in the 100k-200k range, like a sense of small town community, and want to be close to Houston, please send them my website.   Additionally, if you’d consider mentioning it on your blog or writing a review that would help make this littl...
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By David Krichmar, DaveYourMortgageGuy.com
(www.DaveYourMortgageGuy.com - Legend Lending)
Conventional 30 year Mortgage: 3.25% Credit score:740 LTV:80% Loan Amount:$200k APR: 3.53% FHA 30 year:3.25% Credit Score:640 LTV:96.5% loan amount:$200k APR:4.35% Conventional 15 year:2.625% Credit score:740 LTV:80% Loan Amount:$200k APR:2.95%   Call me today if you are thinking of refinancing or buying a home, for the best mortgage rate possible.
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By David Krichmar, DaveYourMortgageGuy.com
(www.DaveYourMortgageGuy.com - Legend Lending)
Did you know that Stafford Texas has no Property Taxes?   It’s true, they don’t.  And it is all because of their mayor Leonard Scarcella.  Since 1995 they have gone with a no property tax system.  That is a risky plan, but it has worked for 17 years.  When many cities, towns and Counties are going bankrupt, how does Stafford make it work?  They focus on staying within the budget and use Sales Tax as their main source of income.  Along with Hotel Tax, Building permits and franchise tax.  Without Property(real estate) Taxes, it is possible to buy more home in Stafford than in other regions of Fort Bend County or the Houston area.  Or buy the same size home but have a lower mortgage payment.  Leonard Scarcella is truly a talented man and a Fort Bend County Legend, for coming up with this p...
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By David Krichmar, DaveYourMortgageGuy.com
(www.DaveYourMortgageGuy.com - Legend Lending)
Here is your weekly interest rate update: Conventional 30 year Mortgage: 4.875% Credit score:740 LTV:80% Loan Amount:$200k APR: 5.375% FHA 30 year:4.625% Credit Score:640 LTV:96.5% loan amount:$200k APR:5.55% Conventional 15 year:4.125% Credit score:740 LTV:80% Loan Amount:$200k APR:4.25%   Call me today if you are thinking of refinancing or buying a home, for the best mortgage rate possible.   
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By David Krichmar, DaveYourMortgageGuy.com
(www.DaveYourMortgageGuy.com - Legend Lending)
Fort Bend Independent(FBISD) and Stafford Municipal(SMSD) School Districts recently received their district and campus accountability rankings.  This rating is provided by the Texas Education Agency and ranks them on their overall performance.  Fort Bend received a 82% Exemplary, which was 55 of the 67 campuses.  This is a large increase over the 67% Exemplary score from last year.  FBISD Superintendent Dr Timothy Jenney had this to say "Once again, we've seen exceptional growth in many of our scores, and we congratulate our teachers and students for their continued hard work, that is reflected in the significant gains made on TAKS this year".    Stafford Municipal School District received an overall rating of "recognized" and was the fist such in 8 years.  While Stafford Intermediate a...
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Stafford, TX Real Estate Professionals