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Displaying blog entries 211-220 of 224

Looking for an Investmen Property in Wichita Falls?

by Ashton Gustafson

It has become very popular as of late to become involved in the investment side of real estate. I have helped numerous people accomplish all different types of goals in this arena. Some are looking to pay for their childs college, others are looking to start something that will be their retirement, others are looking for an income producing hobby. No matter your reason for looking into this, I can help.

See www.TexomaListings.com - This will give the opportunity to fill out what you are looking for...single family, duplex, apartments? You can find it all here.

If I can answer any other questions about the market or creative financing, please let me know.

Weekly Real Estate Update Feb 2, 2009

by Ashton Gustafson

With already 1 month behind us in 2009, the Bishop Team is setting the pace for another record breaking year. In 31 days we had 22 sales. Rates are great and inventory is full - please let me know if there is anything I can do or any questions I can answer for you this week.
www.TexomaListings.com - Buying?   

   
www.TexomaHomeValue.com - Selling?


www.TexomaForeclosure.com - Prevention?       


www.TexomaHomeSource.com - Info?

Buying A Foreclosue in Wichita Falls

by Ashton Gustafson

BUYING A FORECLOSURE IN WICHITA FALLS?


                  With the number of foreclosed homes on the market, buying a foreclosed home is something many people are considering.  As we all know, a foreclosure means that a home owner is unable to pay the mortgage and  therefore the bank has taken back the property.  The main advantage of buying a foreclosed home is that because a bank wants to recover as much of its investment as quickly as possible, foreclosed homes are often sold for a significant discount with record lows being currently reported of up to 30% the current market value.
                  Many times the process of finding and acquiring a foreclosed home can be much more complex than the traditional ways of purchasing a home from the personal resident.  Because of these complications, it is more important than ever when buying a foreclosed home to work with an experienced agent. Some Banks won't accept offers from unrepresented buyers, and there is more negotiating and more paperwork with a foreclosure than you would deal with in a conventional purchase. 
                  Tour the property and inspect it as closely as possible. Some foreclosures may be in fairly good shape while others may need significant maintenance.  Have your agent check comparable homes in the area to see if the listing price for a foreclosed home really is a bargain.
                  Once you find the foreclosure you like, it is also important to know that any contract on a foreclosed home will require a letter of approval from a lender, some Banks even require that you be approved by their bank as well.  This letter must be presented with the initial offer.  After the offers have been submitted, many times banks will be slow to respond as it can be a long approval process for every step of the negotiation. 
                   Once the terms of the contract are fully negotiated, the Bank will require the buyer to sign multiple addendums to the offer that protect the bank from the liability of the property.  These are nothing to be alarmed about the majority of the time, but definitely need to be reviewed by an attorney. 
                   Have the home inspected by a professional home inspector, your agent can help you with this.  Many foreclosures are sold "as is", meaning the sellers will not do any repairs or provide monetary compensation for repairs on the home, but an inspection will uncover any serious problems with the house and allow you to decide whether to move forward with the purchase.
                  As a whole, the process can be somewhat complex, but definitely worth it with the type of savings that we are currently seeing in the market.   If you or someone you know is interested in finding a foreclosure to purchase, let Ashton Gustafson help you find that deal and make the process easy for you.

Pay For Your Child's College with Real Estate

by Ashton Gustafson

Have Your Tenant Pay for Your Child’s College Education!

 

 

Did you realize that if your purchase a rental property while your child is young, you will have a property to sell in 15 years (using a 15 year mortgage) that will pay for their college education….

and it didn’t cost you anything!

 

 

Here is the equity created in a $125,000 rental property with a 10% down payment with NO CONSIDERATION for the property appreciating!

 

            Equity today (down payment)                         $12,500

            Equity in 5 years                                                      $52,054

            Equity in 10 years                                                   $84,311

            Equity in 15 years                                                   $125,000

 

 

 

Let me help you find the right kind of property to meet your financial needs. Taking the first step is scary, but I can show you how numerous people have added a property to their portfolio each year, how the properties are managed, pitfalls to avoid and vendors you can depend on!

 

www.TexomaHomeSource.com

940.224.0881

 

Ashton Gustafson

The Bishop Realtor Group

Lake Wellington Homes - Wichita Falls

by Ashton Gustafson

Ashton is proud to announce the launching of Lake Wellington's first website, www.LakeWellingtonHomes.com . If you are looking for a home in Lake Wellington, simply go to this site and email Ashton with the criteria that you are looking for. The available homes will be emailed to within 24 hours.

Ashton continues to seek a "modern approach to real estate" for his clients and the community.

If you have any other questions concerning your next move or the market, feel free to email ashton @ ashton@bishoprealtors.com or call at 940.224.0881

www.TexomaListings.com - For Buyers

www.TexomaHomeValue.com - For Sellers

Facing Foreclosure in Wichita Falls, TX

by Ashton Gustafson

Are you currently facing the possibilities of foreclosure in Wichita Falls, TX?

If so, you are not the only one. We have launched a new site to help serve those that have hit hard times and are looking for a way out.

There are countless hardships that can turn home ownership from a joy into a burden.  The loss of a job, medical bills, or an unexpected hike in monthly payments can all make a mortgage unaffordable.  But ignoring the bills will not make them go away, it will only make things worse.

If you need help, there are approaches that can help, but you may not be familiar with them.  One of these is a "short sale."

In an approved short sale, the lender agrees to accept less than is owed for the property, and the homeowner is relieved of the debt.  A lender may be willing to do this because it spares a lot of hassle and expense involved in executing a foreclosure.  And typically, a short sale does far less damage to the homeowner's credit than a foreclosure does.

Please go to www.TexomaForeclosure.com - SAFE - FREE - SECURE

For more information on foreclosure prevention, call Ashton Gustafson of The Bishop Realtor Group at 940.224.0881 or ashton@bishoprealtors.com

Canyon Trails Homes - Wichita Falls, TX

by Ashton Gustafson

Ashton Gustafson of The Bishop Realtor Group is proud to announce the launching of www.CanyonTrailsHomes.com . If you or anyone you know is looking for a home in the Canyon Trails addition of Wichita Falls, see www.CanyonTrailsHomes.com .

Ashton continues to lead the Wichita Falls Real Estate market in a modern approach with technology.

www.TexomaListings.com - For Buyers

www.TexomaHomeValue.com - For Sellers

 

New Growth at Sheppard Air Force Base

by Ashton Gustafson

SAFB to get huge personnel influx

WASHINGTON -- About 2,300 more airmen will land at Sheppard Air Force Base for training in the near future because the Air Force is ramping up manpower, officials said.

That’s about 55 percent of the total increase in manpower expected for fiscal year 2009, George Woodward, base public affairs director, said. It’s uncertain how many more airmen the service will recruit in fiscal year 2010.

“But it is likely that about half will be trained at Sheppard since about 55 percent of all Air Force technical training graduates are trained by the 82nd Training Wing,” Woodward said.

The base will also receive new permanent instructors to teach the influx of students, but officials don’t know how many yet, he said.

Meanwhile, the base will increase some class sizes, extend the tours of duty of some instructors and take other steps to meet demand, Woodward said.

Sheppard has adequate facilities for the airmen coming in and more, he said.

“However, many of our facilities are aging and will need to be upgraded or replaced so we can continue to provide the quality of life these young airmen deserve,” Woodward said.

Sheppard is working closely with the Air Education and Training Command to make that happen, he said.

The influx of service members could help fill the gap left by the coming departure of basic medical training students and instructors from Sheppard. The 2005 Base Realignment and Closure Commission recommended the creation of a medical-training hub in San Antonio.

So the base is due to lose more than 2,200 students, more than 500 permanent military positions and 85 civilian positions to Fort Sam Houston, officials have estimated.

 

All New Websites For Wichita Falls Real Estate

by Ashton Gustafson

Website Information

 Provided by:

ASHTON GUSTAFSON

THE BISHOP REALTOR GROUP

 

TexomaHomeSource.com

 

TexomaListings.com

 

TexomaHomeValue.com

 

TexomaForeclosure.com

 

CanyonTrailsHomes.com

 

LakeWellingtonHomes.com

 

BrookVillageHomes.com

 

CountryClubCottages.com

 

WFCountryClubHomes.com

 

FallsOnTheMove.com

 

WFNewHomes.com

 

Wichita Falls Country Club Home Search

by Ashton Gustafson

Are you looking to move in Wichita Falls to the historic Country Club or Country Club Cottage section? Ashton Gustafson, of the Bishop Realtor Group, has launched two new sites for both buyers and sellers in these areas: www.WFCountryClubHomes.com and www.CountryClubCottages.com .

If you have any questions about the homes available for sale in this area, please email ashton @ ashton@bishoprealtors.com or call at 940.224.0881.

Another great site is www.TexomaListings.com - FAST - FREE - AUTOMATED home searches.

Ashton Gustafson

Wichita Falls Realtor

940.224.0881 cell

Displaying blog entries 211-220 of 224

Contact Information

Photo of Ashton Gustafson Real Estate
Ashton Gustafson
The Bishop Realtor Group
1916 N. Elmwood Ave.
Wichita Falls TX 76308
Office: 940-691-7355
Fax: 940-691-7363