Real Estate Information Archive

What a difference a year makes....

Monday, October 25, 2010

by Ashton Gustafson

Good Monday morning to you!

If you've read anything about the Real Estate market over the past 3 years, the main buzz was the 1st Time Home Buyer and Repeat Buyer Federal Tax Credits. This $8000 tax credit sent a wave of buyers into all markets...and, rightfully so.

However, in less than 6 months, interest rates have fallen on a 30 year fix from 5.25% to 4.25%. At a loan amount of $200,000, this is over $43,000 in savings over the life of that loan. The last time I checked, $43,000 was greater than $8,000...what a difference a year makes. The chart below puts this into great perspective.

To keep an eye on all of the opportunities that are hitting the market each day, remember to log in @ www.TheFallsHomeFinder.com. This has quickly become the best site for the buyer/investor in North Texas.

If you're thinking about taking advantage of these rates and moving up, see www.TexomaHomeValue.com for a free market analysis of your property.

If I can answer any other questions or serve someone you may know, please let me know.

Make it a great week and GO RANGERS!

"He who says he can, and he who says he can't both are usually correct." Confucius

Ashton on the Radio - January 22, 2010

Friday, January 22, 2010

by Ashton Gustafson

Click here to listen to Ashton Gustafson and Denny Bishop on the Rise and Shine Show with Joe Tom White.

www.riseandshine.texomacountry.com/2010/01/22/friday-january-22-2010.aspx

real estate homes for sale ashton gustafson Joe Tom White Denny Bishop Wichita Falls Texas

Help for First-Time Homebuyers

Tuesday, April 28, 2009

by Ashton Gustafson

Are you ready to buy a home but lack money for the down payment and closing costs? The First-Time Homebuyers Program, administered by the Neighborhood Resources Division of the City of Wichita Falls, Texas may offer the help you need. The First-Time Homebuyer Program, created with a grant from the US Department of Housing and Urban Development, helps low to moderate-income families and individuals with the substantial amount of cash required at the time of closing.

The First-Time Homebuyers Program was designed to help people who:

Desire more stability and control over their living conditions and housing expenses than what renting typically provides.
Wish to build an investment in a home, rather than pay monthly rent offers no financial return.
Want the pride, satisfaction, and benefits that homeownership brings.

The following details will help you decide if you might qualify and how to apply for the First-Time Homebuyers Program.

How Does the Program Help?

The FTHB Program provides $8,000 for qualified applicant that can be used for:

Buyer's closing costs, and/or
Down payment requirements and/or
Reducing the mortgage loan principal
In addition to the $8,000, additional funds many provide for certain repairs after property closing.

Over the next few days I will be offering you valuable information on the First-Time Home Buyer Program, so check my blog daily for new information or if you want to talk personally, please contact me. I want to see every First-Time Homebuyer take advantage of this great opportunity.

Wichita Falls Texas Neighborhood Resources Division of Wichi Texas homebuyer information US Department of Houseing and Urban Deve texas homeownership $8000 tax credit for texas First-Time Homebuyers Program