It’s a good idea to gain a basic understanding of the kinds of home mortgages that are available. As you review the list, keep in mind that these categories widely overlap — for example, we provide adjustable-rate FHA loans and fixed-rate jumbo mortgages. As your partner through the mortgage process, Tamborrel Properties can help you determine the best loan to fit your needs and design a custom financing solution for you.

Fixed-rate mortgages. The interest rate remains fixed for the life of the loan.

• Offer predictable monthly payments of principal and interest throughout the life of the loan.
• Provide protection from rising rates. No matter how high market rates go up, your interest rate stays the same.
• Generally well-suited to borrowers who…

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The importance of good credit is an important consideration in securing a mortgage for the purchase of a home. Banks and credit card companies decide whether to lend you money and what interest rates you will pay based on your credit score. Be prepared to examine your past credit performance and, if necessary, make changes to your money habits. Your credit score is a number that helps a lender predict how likely an individual is to repay a loan, or make credit payments on time.

The most common credit scoring system is FICO (Fair, Isaac, & Co.) scoring which has a scoring range of from
300 – 850. The higher your FICO score, the more likely a creditor will extend credit and the most advantageous (lower) will be the interest rates available to…

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Before you start looking for a house, ask yourself:

Are you comfortable with what you can afford?
If you can’t afford to buy in a certain neighborhood where you want to live, or if you’ll face a significantly longer commute from the places you can afford to live, it may make more sense to continue renting.

Do you have a reserve of cash saved?
You’ll need money for your down payment, and you may be responsible for closing costs on the loan.
You’ll also face new costs in addition to your mortgage payment. If you have limited savings, it may make sense to continue a lower cost living arrangement until you can save more.

How financially stable are you?
If there’s a chance you could be laid off soon, or if your job requires you to move to a…

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After you’ve completed a comprehensive search across the local market and zeroed in one the home for sale you want, it’s time to get the purchase process in full gear. Of course, bidding on a listing is just one step in the buying a home. There’s plenty to do once the paperwork gets going and after all of the t’s have been crossed and i’s have been dotted.

DETERMINE THE RIGHT BID

While those selling the listing you bid on have a specific list price, that doesn’t necessarily mean your first (or second or third) bid needs to meet their pricing requirement. Rather, work with your REALTOR to develop a price point that you’re comfortable with and leaves room for negotiation with the sellers. One major factor in your bid should be what other homes near…

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All the builders in Woodforest have been carefully selected for their quality and attention to detail. However as buyer's you want to know who are the best, to make the best choice, that is why we selected 5 home builders who in our opinion are the best.

PERRY HOMES

Perry Homes, in its 50th year, has a sterling reputation as one of the largest and most trusted home builders in Texas. They offer a variety of designs for every lifestyle at unmistakable values and quality in the most desirable communities across Austin, Dallas, Houston and San Antonio. Perry Homes is dedicated to providing first-class customer service before, during and after the sale. Their continuing loyalty to their customers, combined with their distinguished reputation,…

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Purchasing a “Dream Home” is one of those life accomplishments that tops nearly everyone’s bucket list. Whether you prefer a modernized urban loft or a sprawling suburban home most of us hope to find a home that feels like it was made specifically for our family. However, searching for your dream home comes with different considerations than any other real estate purchase

Since you’ll likely be aiming to stay in the property for the foreseeable future, you’ll want to look for a property that will keep you and your family happy for the long term.

Before visiting a home you can make a list of those that interest you:

"Property Search Houston, Tx" 


If you’re thinking of buying a house, consider these four factors:

1.CONDITION

It’s vital…

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Despite all of the technology available to buyers these days, their search for their dream home still takes time and careful research — regardless of whether they’re a first-time home buyer or a veteran who’s purchased multiple residences over the years.

Use this quick guide to help navigate your home search, become even more knowledgeable about what to look for in your ideal home, and, in the end, find the right property to purchase in 2017.

Prior to hitting the market and checking out listings, you need to take care of some necessary tasks, including saving up plenty of money for a new home, enhancing your credit score, and getting pre-approved for a home loan.

BUILD UP YOUR SAVINGS

Though America’s financial crisis is now in the…

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Children’s Lighthouse is the second childcare center to purchase land in Woodforest. Kiddie Academy obtained a 2.1-acre site last year also near Stewart Elementary.

“With more than 1,600 homes sold in Woodforest, more and more retailers, childcare facilities and other commercial enterprises are interested in establishing themselves in our community,” said Virgil Yoakum, general manager of Woodforest. “Having an on-site elementary is particularly attractive to child care facilities who typically offer after-school programs.”

Founded in Fort Worth in 1997, Children’s Lighthouse holds a Franchise 500 designation by Entrepreneur magazine and can be found in eight states. The Woodforest location will be the company’s 13th Houston-area center and will…

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Banks are the traditional source of mortgage funding. They offer face-to-face service, recognized name-brands and fees that are generally competitive with other lenders. What they may lack is a broad variety of loan programs, which may mean that they may not offer the lowest interest rates or the lowest fees.

Mortgage brokers generally offer a large variety of loans, which includes loans for people with bad credit. Variety also often results in the lowest interest rate and the most convenient one-stop-shopping for comparison purposes. Because you can physically meet with a broker, the face-to-face service is another plus. In the minus column, mortgage brokers are often more expensive than other funding sources.

Online mortgage providers offer a…

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Google is the most conspicuous developer of autonomous vehicles, but it is hardly alone in pursuing this venture

Most automakers are competing to introduce their own driverless cars to the public, and are doing so piecemeal, system by system. The components of the upcoming driverless car are being introduced into current models as ever more elaborate mechanisms to aid the driver, such as self-parking features and automated collision avoidance systems. Recently, a group of researchers at Oxford University developed a self-driving system which can be installed in existing manually driven vehicles, and whose cost is hoped to fall as low as 150 dollars within a matter of years.

Driverless cars will affect urban form mostly in two forms...

Cities…

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