Jeff Wilmoth's Blog

I grew up in Conroe... MONTGOMERY, TEXAS ~ BIRTHPLACE OF THE TEXAS FLAG!  Montgomery, Texas located due northwest of Houston.  Montgomery was once a tiny town that served as a stagecoach line between Huntsville and Houston.  Many weary travelers stayed in Montgomery with such noted folks such as ...

THE DEPTH OF THE DEEP WATER OIL DISASTER!  The oil spill is certainly an environmental disaster that is making the news.  The other part of this disaster is the economic disaster to cities like Houston, Texas with many, many businesses that support the Oil & Gas industry. In speaking with many o...

Great article about the recent Fannia Mae guideline updates by Realtor judy Chapman...Fannie Mae came out with new underwriting guidelines for borrowers who have a history of pre-foreclosure, deed-in-lieu foreclosure, and short sales. The guidelines make it easier for some to get financing on a n...

Good advice about appraisals mostly geared towards Realtors and the current lending environment...Appraisals are an important part of the process in purchasing or selling a home. More than ever, the appraiser has the power to determine whether or not a sale goes to the closing table. As if it wer...

Excellent analogy by Richard Weisser, an e-pro realtor in Coweta County, GA   I’ll get right to the answer: They are both a dime a dozen. According to some sources, nearly 8% of the population plays the guitar. And while that may include those that rarely pick up an instrument, that’s still a lar...

Updated Income Limits for the USDA Guaranteed Rural Housing Program  Effective June 2, 2010, the USDA Guaranteed Rural Housing (GRH) Program offers even greater flexibility for your clients in terms of income limits.  The base income limits for the USDA Guaranteed Rural Housing (GRH) Program have...

SUPER EXCELLENT post regarding ideas on HOW TO SAVE MONEY using coupons.  Want to really save money?  Then read this...         One of our daughters went to a coupon class about a month ago. Her and her sister do not want to be in debt for anything other than a modest home. Even their cars are ei...

Is a Short sale really worth it?  well you'll have to decide if "the juice is worth the squeeze".  Many times buyers find out the hard way.  Here's a great article from a realtor experiencing the frustrations dealing with one of the nation's largest banks...another "Tail trying to wag the dog" sc...

Want to make an educated decision?  Great article on using market statistics to your advantage, whether buying or selling...Unfortunately many buyers and sellers do not take the time to review market statistics when purchasing and selling Real Estate. Often times this is because the real estate a...

Great reasons to buy a home!  Some of the FHA info is outdated, such as the required down payment is now 3.5%, unless the home qualifies for the HUD $100 down sales incentive... Why should I buy, instead of rent? Answer: A home is an investment. When you rent, you write your monthly check and tha...