If you’re a first-time home buyer in Texas, you’re probably already overwhelmed just thinking about the whole process. There are so many steps you’ll have to do that it may feel like you’ll never get the keys to your dream home. We hope the advice in this article can help you better understand this aspect of the home buying process.
President of the National Association of Realtors, Chris Polychron, testified on Capitol Hill last week to voice his support for the House of Representatives bill called the “Housing Opportunities Through Modernization Act of 2015.” This bill, if passed, will relax some of the Federal Housing Administration’s policies concerning condominiums. Specifically, the requirements for condominium developments […]
Before the conventional mortgage loan market collapsed, approximately 10% of home buyers utilized FHA financing. Conventional loans were king. Borrowers who had less than perfect credit and little money down could utilize the FHA programs to purchase a home. FHA required 3 percent down and the seller could contribute up to 6 percent in seller […]