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Arlington, TX Real Estate News

By The Legacy Group, The LegacyGroup of CrossCountry Mortgage
(CrossCountry Mortgage)
There are many benefits to a VA home loan. It’s important to know how these loans can help you. First, thank you for your service to our country. According to the Mortgage reports, VA loans stand apart for its combination of low rates, lenient underwriting, and secondary benefits. These are 10 VA loan benefits in Arlington, TX in 2019. These are:        No down payment on a VA loan        No mortgage insurance        VA loans have a government guarantee        Your ability to shop and compare VA loans        VA loans don’t allow a prepayment penalty        They come in many varieties        It’s easier to qualify for a VA loan        VA loan closing costs are lower        The VA loan offers funding fee flexibility    VA loans are assumable Backed by the U.S. Department of Veterans Affai...
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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)
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)
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 ...
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By The Legacy Group, The LegacyGroup of CrossCountry Mortgage
(CrossCountry Mortgage)
The benefits of a preapproval (not prequalification) for Arlington Texas Home Loans. Many consumers are not informed on the proper way for buying a home. No question, this is a big decision, and one that can be either immensely stressful- or immensely enjoyable- depending on how you go about the home buying process of Arlington Texas Home Loans and the 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   The steps necessary to purchasing a home in Arlington, 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 ...
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By The Legacy Group, The LegacyGroup of CrossCountry Mortgage
(CrossCountry Mortgage)
Arlington Texas VA Loans- 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 Arlington Texas VA Loans?   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 VA to obtain a copy....
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By The Legacy Group, The LegacyGroup of CrossCountry Mortgage
(CrossCountry Mortgage)
The Legacy Group is happy to announce a new mobile app that allows HOME BUYERS to search for real, up to the minute, live MLS listings. The app is called “Home Scouting” and is a FREE home finding service provided directly to consumers by Home BuyersMARKETING II, Inc, a licensed brokerage services company. Whether you’re ready to buy a home or just browsing, you’ll want to take advantage of the free Home Scouting app. This convenient app makes finding yourDREAM HOME fast and easy. Home Scouting provides you with 100% of the ACTIVE MLS listings, unlike some other public home search websites and apps. You receive the most accurate information AVAILABLE and with Home Scouting you can:  View every MLS listing·       Schedule a home showing  View sold home information  See detailed school di...
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By The Legacy Group, The LegacyGroup of CrossCountry Mortgage
(CrossCountry Mortgage)
Being a First Time Home Buyer in Arlington, Texas 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 First Time Home Buyer in Arlington, Texas greatly outweighs renting for the following reasons:           Greater privacy.          Homes typically increas...
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By The Legacy Group, The LegacyGroup of CrossCountry Mortgage
(CrossCountry Mortgage)
 Buying 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! Being a First Time Home Buyer in Arlington, Texas 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 renew. The benefits of being a First Time Home Buyer  in Arlington, Texas greatly outweighs renting for the following reasons:           Greater privacy.          Homes typically inc...
Comments 0
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 Arlington, TX Home Loans Many consumers are not informed on the proper way for buying a home. Of course this is a big question that can stressful or enjoyable, it just depends on the steps you take in the home buying process for Arlington, 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 Arlington, Texas starts with getting pre-approved for your home loans. Notice we did not say get prequalified- in today’s world a prequalification is not meaningful. You should ch...
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In selling a home, you know all too well how picky some buyers can be. That said putting a home on the market means making sure it is actually ready to be on the market. Too many homeowners don’t have their places up to snuff when the time comes to list them. As a result, they can get lower offers or even none at all. As you prepare to list a client’s home, are you ready for the questions you will get on not only the home, but the location? Everyday Needs Are Important to Most Homebuyers In listing your next home for sale, what features will head towards the top of the list? Among some of the key ones that both new and more experienced agents should remember: 1. Size – It is true that size matters to many potential home-buyers. Whether looking to start a family or one already has one, t...
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By The Legacy Group, The LegacyGroup of CrossCountry Mortgage
(CrossCountry Mortgage)
 Special Government Home Renovation Loan Program using Arlington TX FHA 203K Loans.  Many are not aware of a special government loan program that is actually a part of FHA (Federal Housing Administration- a department within HUD). Existing home owners or potential home buyers can remodel and update their homes without having a higher cost second lien because of this FHA loan program.  "Luxury items" like a hot tub and a swimming pool are not allowed by this FHA loan program. Repaint, remodel cabinetry in kitchens and bathrooms, add wallpaper, replace appliances and flooring and even a add a room to an existing structure (which will increase the value of the homes square footage).   One of the biggest advantages to this government loan program is you have all of your acquisition or refin...
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By The Legacy Group, The LegacyGroup of CrossCountry Mortgage
(CrossCountry Mortgage)
If you are looking to purchase a home or refinance using your Arlington Texas VA Loan benefits, the rate you can obtain is a huge factor in determining which lender you choose as well as what your payment will be. The market can be volatile, and Arlington Texas VA Rates can change daily, and can even fluctuate during the course of aday. So why is this, and what determines what interest rates are? All mortgage products are backed by bonds, or securities that are traded on wall street like stocks. These bonds are what backs the mortgages, including Arlington Texas VA Loan products. Mortgage bonds are also called mortgage backed securities. Just as the stock market can go up and down during a day, so can mortgage backed securities, therefore influencing all mortgage rates including Arlingt...
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By The Legacy Group, The LegacyGroup of CrossCountry Mortgage
(CrossCountry Mortgage)
Arlington TX Veterans Loans and 100% - the best loan program in Texas. Save $500 on closing costs today!  Designed for both active duty military and honorable discharged Veterans, VA Mortgage Loans are one of the best mortgage loan programs available today.   Here are some of the great features of this fantastic program:   - Up to 100% financing, with no down required.  - No monthly mortgage insurance.  - Easier credit qualifying compared to other types of mortgage loans. - VA Mortgage Rates are low compared to other types of home loans.    So how do you qualify for Arlington TX Veterans Loans?   First of all, you must verify your eligibility. This is done by ordering your Certificate of Eligibility or COE. You can work with an approved Texas VA mortgage loan lender to order your COE qu...
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By The Legacy Group, The LegacyGroup of CrossCountry Mortgage
(CrossCountry Mortgage)
Special Government Home Renovation and Remodeling Loan Program using a FHA 203K Renovation Loan for Arlington Texas.Many are not aware of a special government loan program that is actually a part of FHA (Federal Housing Administration- a department within HUD).  This FHA loan program allows the buyer or existing owner of a home to do significant amounts of remodeling or updating to their home without a higher cost second lien. The loan program does not allow for “luxury items” which are defined as items like a swimming pool or hot tub, etc.  But you can repaint, replace flooring, remodel cabinetry in kitchens and bathrooms, add wallpaper, replace appliances – even add a room to an existing structure (which can significantly add to value as you increase the square footage of your home). ...
Comments 1
By The Legacy Group, The LegacyGroup of CrossCountry Mortgage
(CrossCountry Mortgage)
Buying 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! Being a First Time Home Buyer in Arlington, Texas 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 renew. The benefits of being a First Time Home Buyer  in Arlington , Texas greatly outweighs renting for the following reasons:           Greater privacy.          Homes typically inc...
Comments 0
By The Legacy Group, The LegacyGroup of CrossCountry Mortgage
(CrossCountry Mortgage)
Buying 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! Being a Arlington Texas 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 renew. The benefits of being a Arlington Texas First Time Home Buyer greatly outweighs renting for the following reasons:           Greater privacy.          Homes typically increase in v...
Comments 0
By The Legacy Group, The LegacyGroup of CrossCountry Mortgage
(CrossCountry Mortgage)
 Being a First Time Home Buyer in Arlington, Texas 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 First Time Home Buyer in Arlington, Texas greatly outweighs renting for the following reasons:           Greater privacy.          Homes typically increa...
Comments 0
By The Legacy Group, The LegacyGroup of CrossCountry Mortgage
(CrossCountry Mortgage)
 Being a First Time Home Buyer in Arlington, Texas 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 First Time Home Buyer in Arlington, Texas greatly outweighs renting for the following reasons:           Greater privacy.          Homes typically increa...
Comments 0
By The Legacy Group, The LegacyGroup of CrossCountry Mortgage
(CrossCountry Mortgage)
Arlington TX StreamlineREFINANCE LOANS are as special  mortgageproduct, reserved for homeowners with existingFHA MORTGAGES.  FHA Streamline Refinancesare the fastest, simplest way for FHA-insured homeowners to refinance their respective mortgage into today’s lowMORTGAGE RATES Below are some of the requirements for an FHA Streamline:           You must be current on your existing loan with allMORTGAGE PAYMENTS made on time for the last year.          You must own the original property and have made at least six monthlyMORTGAGE 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, anyMORTGAGE LENDER you choose must be FHA approved.         FHA Streamline loans do not require an appraisal, b...
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