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Displaying blog entries 251-259 of 259

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.

Wichita Falls World of Wheels - Feb 1-3

by Ashton Gustafson
The World of Wheels is fast approaching again. It's hard to believe that this fantasic car show has been coming to Wichita Falls for 29 years!
This year some of the finest cars in the nation will be at our show as well as some of the greatest local vehicles of which some of them have never before been seen!
If you have ever watched any of the car enthusiast shows such as Car Crazy, then you probably didn't miss the segment from the Detroit Autorama. The Gold 1932 Ford Roadster shown on Car Crazy as a Riddler Award Great Eight Runner up, owned by Sam and Patty Magarino, from Sparta, New Jersey, will be one of our front row vehicles this year.
Joe Mouton from New Orleans, Louisiana will be bringing his latest creation, built after Hurricane Katrina. It is a black 1955 Chevy with a motor that you would not believe! This is Joe's third vehicle that he has toured with for ISCA, (International Show Car Association.) Some of you might remember "Dragonheart", the red 1957 Chevy that was here a few years ago. Joe's newest creation won him the prestigious Millwinder's Award at the Houston Autorama on Thanksgiving weekend.

ENTERTAINMENT SCHEDULE

Sunday from Noon - 5 - Jason Earles who plays Miley Stewart/Hannah Montana's (Miley Cyrus) older brother, Jackson Stewart, in the Disney Channel Original Series Hannah Montana will appear. He is her dorky, annoying brother.

The cartoon character's this year for the kid's will be none other than SpongeBob Squarepants and Dora the Explorer They will appear off and on Friday, Saturday and Sunday with time off for breaks!

Preston Pearson ,Superbowl Champion from the Dallas Cowboys will appear on stage Saturday from 3-5.

Also appearing on Saturday is NASCAR Driver Kenny Schrader who will be on stage from 1-3!

And as in years before, we will have the dirt track racing at the Ag Center on Saturday and Sunday with Mini Sprints, Mini Pullers and Go Carts, which will run all day both days with hot laps and finals. Finals will begin when hot laps are over with gocart races and mini pullers in between. This is an all day event. Also at the Ag center there will be an old car parts swap meet. Call Kevin Wilson at (940) 782-0169 for more information about the swap meet.

One ticket price allows you to watch the races, come to the car show and see the celebrities! And don't forget about the Texas Bikini Team appearing all weekend and Casey Pilgreen will be on stage Saturday night! There will be special visits by Artie Wood and McGruff the Crime Dog and a special fundraiser for him at the Model Car Contest which is open to kids and adults!

We are looking for local entries! If you have a really nice ride and you want to enter our show, please give us a call. We need your car, truck, motorcycle, go-cart, junior dragster, pedal car, bicycle or any other motorized or non motorized vehicle! We have Show Classes for all!

Hours of the show are 6-10 Friday Feb. 1, 10-10 Saturday Feb. 2 and 11-7 Sunday Feb. 3.

Ticket prices are: $9.95 for adults and $2.95 for children 6-12 on Friday, $11.95 for adults and $3.95 for children 6-12 on Saturday and Sunday.

For more car show information call Jeff or Julie Coley - (940) 723-9849
For vendor space at the show call Geneva Wood at (940) 767-5197
For Dirt Track Race information before the days of the show call Orville Williams at (580) 654-1246
For information on the Model Car Contest call James or Judy at (940) 761-4775
Where: Ray Clymer Exhibit Hall and the Multi Purpose Events Center
When: Friday 6-10, Sat. 10-10, Sunday 11-7
Event Dates: This event takes place on 2/1/2008.

Kiwanis Pancake Festival - Wichita Falls

by Ashton Gustafson

The University Kiwanis will be holding their annual Pancake Festival on January 26 @ the Wichita Falls MPEC. This is a great event for the entire family to attend.

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

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 251-259 of 259

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