Westlake, TX Real Estate News

By The Legacy Group, The LegacyGroup of CrossCountry Mortgage
(CrossCountry Mortgage)
VA Mortgage Loans in Westlake, TX- the best loan program and loan payment in the greater Dallas/Fort Worth area!   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 main features of this great program:    - No monthly mortgage insurance added 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 a VA Mortgage Loans in Westlake, TX?   You must first verify your eligibility. This is done by ordering your Certificate of Eligibility or COE. A Farmersville VA loan lender can order your COE quickly for you, or you can go directly to the ...
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By The Legacy Group, The LegacyGroup of CrossCountry Mortgage
(CrossCountry Mortgage)
Being a Westlake TX First Time Home Buyer makes you have to consider your options before you buy. The first thing you will need to consider is what your long-term goals are with being a home owner  and how your goals fit in with that plan. One goal could be to stop paying rent that just increases after every lease you renewBuying your own home first is one of the happiest times of your life! However, a lot of paperwork and time goes into it and finding a lender with great reviews will ease much of the stress. But, the satisfaction you get from your first home closing is something you will never forget!  The benefits of being a Westlake TX First Time Home Buyer greatly outweighs renting for the following reasons:           Greater privacy.          Homes typically increase in value the o...
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By The Legacy Group, The LegacyGroup of CrossCountry Mortgage
(CrossCountry Mortgage)
Westlake TX FHA Streamline Refinance Loans are a special mortgage product, reserved for homeowners with existing FHA mortgages. FHA Streamline Refinances are the fastest, simplest way for FHA-insured homeowners to refinance their respective mortgage into today’s low mortgage rates. Below are some of the requirements for an FHA streamline:           You must be current on  your existing loan with all mortgage payments made on time for the last year.          You must own the original property and have made at least six monthly mortgage payments before you can qualify for refinancing.          To refinance, you’ll need an FHA-approved lender. If you don’t want to use your current lender, any mortgage lender you choose must be FHA approved.          FHA Streamline loans do not require an a...
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By The Legacy Group, The LegacyGroup of CrossCountry Mortgage
(CrossCountry Mortgage)
For over 20 years, we have been specializing in Westlake TX Veteran Loans.  We will teach you how to qualify for your VA home loan benefits in this article.   1: Verify  eligibility through your Certificate of eligibility (COE).   Obtaining a VA Loan is easy. The first step is to verify your eligibility. This is done by ordering your Certificate of Eligibility (COE) through VA which will also confirm the amount of your eligibility. If you are an honorably discharged Vet, or are active duty or reserves currently, then you are likely eligible.   How do you order your COE? Your lender can help you get your COE fast, usually the same day you request it. You can also order the COE through the Vet Loan either by mail or online. You will need a copy of your DD214 if you are an honorably discha...
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By The Legacy Group, The LegacyGroup of CrossCountry Mortgage
(CrossCountry Mortgage)
There are many benefits to a pre-approval and not a pre-qualification for Westlake TX Home Loans.   Many consumers are not informed on the proper way for BUYING A HOME. Of course this is a big question that canSTRESSFUL or enjoyable, it just depends on the steps you take in theHOME BUYING PROCESS for Westlake TX Home Loans and the surrounding areas. You must take the steps necessary to educate yourself on your buying power, take some time to think about your lifestyle choices, and the initial investment. Each of these will be discussed in this article.  Education The steps necessary to purchasing a home in Westlake, Texas starts with getting pre-approved for your HOME LOAN. Notice we did not say get prequalified- in today’s world a prequalification is not meaningful. You should choose a...
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By The Legacy Group, The LegacyGroup of CrossCountry Mortgage
(CrossCountry Mortgage)
The benefits of a pre-approval and not a pre-qualification for Westlake TX Home Loans      Many consumers are not educated on the proper way to go about buying a home. This can be extremely stressful or enjoyable depending on how you choose to go about the home buying process for homes in Westlake TX and surrounding areas. The key is to take the proper steps to educate yourself on your buying power, initial investment, and taking some time to think about your lifestyle choices. This article will cover all of these.     Education     There are many steps to buying a home in Westlake, TX, this is one and it begins with getting pre-approved for your home loan. Please note that we did not say to get pre-qualified, in today's mortgage world a pre-qualification means nothing. You should choos...
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By Prudential Texas Properties
(Prudential Texas Properties )
Around the DFW Metroplex in places like Colleyville, Southlake, and Westlake, the housing market is finally showing signs of a recovery. Sales are increasing and it's becoming somewhat of a seller's market because so many would-be buyers are on the hunt for a home they can close on and move into. In Westlake, home sales have nearly doubled and the area is seeing a real estate boom to be sure. Area home sales are being fueled by the lower prices that came because of the economic downturn, but the attractive prices aren't expected to last as interested buyers begin to make moves on available Westlake homes. Westlake prices are among the highest in the area, even in their discounted state. Adds Jim Gaines, research economist at the Texas A&M Real Estate Center, “We’ve most definitely got a...
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According to a recent article published by Forbes.com, the town of Westlake was named the most affluent town in the entire United States. Westlake is just north of Southlake where our offices here at Roxann Taylor & Associates are located. Several celebrities live in the town of Westlake, including the Jonas Brothers and Texas Rangers owner, Chuck Greenberg. We also have several listings in Westlake as well including some in Vaquero, which is one of the neighborhoods in the Westlake area. So what exactly makes this little town one of the best places to live in the country? Along with the quality of life here in the Southlake area, the Carroll Independent School District is one of the best in the country as well as having the highest annual median income per household. If you would like ...
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By R. Bruce Lynn, Broker Associate and Your Realtor
(Keller Williams Realty-DFW Preferred)
If you are looking for new residential construction in Westlake, TX and the DFW Dallas - Fort Worth Metroplex area, you've come to the right place. Click on the link for a list of New Homes in Westlake, TX. Please be advised new construction has slowed significantly in the past couple of years. There are often very few spec homes built by builders, so often you will need to start the process from the ground up. Many areas like Southlake, Flower Mound, and Colleyville have very few new residential developments due to space constraints. Lots of people like to shop for new homes on their own. My advice is to STOP, call Bruce Lynn, Your Realtor with Keller Williams Realty first at 214-675-6992 and bring me with you on the VERY 1st visit to the builder. You will save time, money, and often l...
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By Robert O'Haugherty
Yesterday, I attended a "Power Panel", a panel of 6 top producing agents in te Northeast Tarranty County area in Texas, and heard first hand how these agents are dealing with the current slow down, how they got into the business and questions from the attendees as to how they became "top" producers.  I took notes and here's a quick breakdown of how they achieved their success and what they are doing in slower times. Hard work, worked the real estate business just about every day of the week, 12 hrs, as if they actually worked for someone else. Strong, single minded thought. All began with a great "mentor". All made a plan, created a system of contacting prospects (who later became clients) and then stayed with the plan, worked their system consistantly, stayed focus on that plan. Prospe...
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By Robert O'Haugherty
I've had three very good deals fall through in just a week.  And as best as I can tell, due to the economic slowdown and changes in the lending practices.  No more income stated loans no matter how good the credit and cash.  And the others are pulling back to ride out the storm.  The leads are drying up, listings are expiring and not relisting and the phone's not ringing as much.  These three prospects 6 months ago would have been sales and completed. So now here's my plan.  FORGE AHEAD, WORK SMARTER, HANG ON, and make two extra phone calls each day, go on to the networking meetings, get more MCE credits, read, read, read, and tighten the belt, we may be in for a bumpy ride.  I attended an economic meeting this week and also heard from a "Power Panel" of experienced agents and this seem...
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