Real Estate Again Seen as Best Investment

We are almost back to ‘pre-housing crash’ home values. The inventories of distressed properties (foreclosures & short sales) are shrinking dramatically. The economy is improving. The job numbers are headed in the right direction.

The big question that still remains: Have Americans regained their confidence in real estate as a worthy investment?

According to a survey conducted by Princeton Survey Research Associates, Americans have put real estate back into first place as the best of all investments.

Here are the results of the survey:

Bottom Line

Homeownership never lost its place as a key component of the American Dream for a host of financial and non-financial reasons. It is good to see that it has regained the top spot as best overall investment.

Cost Across Time

Some Highlights:

• With interest rates still around 4% now is a great time to look back at where rates have been over the last 40 years.
• Rates are projected to go up a full percentage point by this time next year according to Freddie Mac.
• The impact your interest rate makes on your monthly mortgage cost is significant!
• Lock in a low rate now while you can!

Tips for Choosing the Right Agent With the Right Property

According to experts, the help of an agent when buying a home makes the process smooth and easy. A real estate agent will provide you the necessary information you need to navigate the buying process.

Experts also suggest that you use caution when choosing the right agent for your property. It is recommended to choose an agent who specializes in the type of property you are want. Here are some tips in choosing the right agent:

1. Real estate agents have their own specializations and not all of them are qualified.
2. Make sure the agent you choose understands the type of market and the type of property you want to buy.
3. If the real estate agent you contact can’t help you, ask for a referral.
4. Check the credentials of the agent and talk to her previous clients.
5. Ask about their prefered commision structure to ensure you are aligned.

Call Homes for Sale in Irving TX.  We can locally served you in Dallas Fort Worth Metroplex. We listen, understand, provide and offer you the best service. There are many real estate firms and agents who will offer you service.  When you are prepared to choose the best and most experienced, call Homes for Sale in Irving TX.

Reasons Home Mortgages Are Denied

You may be currently renting out and are now planning to buy a home. You may also have weighed the pros and cons of buying versus renting. If you are a first time buyer and are now looking for homes in the market, do your research so you are informed about the real estate process.

The very first thing you need to consider is applying for a mortgage. Here are some reasons that home mortgage are denied, so you can prevent these issues when you apply.

The number one reason home loans are denied is a bad credit score. You may have ignored debts in the past years and when you apply for a home loan, this will be brought out and could drag you to the point of a denied mortgage. To prevent this, clear up your debts before applying for a mortgage.

Another reason for denial is the unbalanced ratio of debt and income. Lenders will check how much your debts are compared to your current income. An additional reason for denial can be a  small down payment. Most lenders will require 10 to 20% of the price of the home for the downpayment.

Another reason can be inconsistent employment. Lenders will verify and require you to have a stable work history. It is also critical to be honest and forthright with your lender

Thinking of buying a home? Call Homes for Sale in Irving TX. We will help you with the entire home buying process from getting pre approval for a mortgage to closing, signing of contracts and moving in.

Home Buying with Irving Tx Real Estate

The year 2015 has begun, and with it new changes and updates are being brought out in the housing market. Mortgage rates and interest rates have dropped.  New homes are listed online. Buying a home has been always part of the American dream. A home is the greatest investment one can have.

The year 2015 has started in a positive way, with the drop in oil prices and unemployment rate.  Buying a home requires a lot of time, money and effort. If you’ve decided to buy a home, the first thing you must do is to check your credit so you will know how much you can afford without risking financially. If you don’t have a great credit score, Homes for Sale in Irving suggests you to make a move to increase your credit.

Next make a list of what home do you want to buy? What size home do you want to buy, do you want an attached garage? A patio? A big master bedroom or walk in closets? Determine what features you want your new home to include.

Call Homes for Sale in Irving TX.  We can provide new homes available in the market with complete property details, virtual tours and actual HD photos. We can also help you find the experienced agent you need in the process, who isn’t focused on the commission but who wants to provide you the best service.

When you find the house you want to buy, Homes for Sale in Irving TX will work with you to finalize the process, from negotiation to closing. We will prepare all the paperwork and keep you updated through the entire process.

Call us today!, Homes for Sale in Irving TX will ensure you have a smooth buying process.