Finding a Good Deal for Your Home

When it comes to real estate, it’s really hard to beat a cheap home.  Although you can find cheap homes, some will obviously be better than others.  Some are in great neighborhoods, giving you plenty to see and plenty to do all around you.  On the other hand, most towns that offer the cheapest homes normally have a bad situation when it comes to the job market.  

Keep in mind that buying cheap homes doesn’t necessarily mean buying a run down place or buying your home in a bad part of town.  You can get a cheap home in a great neighborhood, if you weigh your options accordingly.  If you shop around and look at different areas, you can find yourself surprised at just how many homes are available at reasonable prices.

Before you decide to buy a home, you should always think things through and be sure to look around different areas and neighborhoods.  Even though there are many cheap homes out there, you can get just as good of a deal through negotiating. 

Most cheap homes sell very quick, which is why you should always be on the lookout for one.  When you find a cheap home that fits your needs, you should act on it promptly.  

 Janus Real Estate Group    *    Heather Anderson     *    972-765-3773

Home Foreclosures Haulted in 23 States

Several banks have halted foreclosures on homes in 23 states this week as the foreclosure process in being investigaged for its accuracy and thoroughness. Bank of America, JPMorgan, and Ally Financial have decided to place a hold on all foreclosures currently in review to ensure that they are not being "robo-signed".

This term was coined as the banks confirmed that some "employees had signed off on foreclosure affidavits without verifying that the legal documents were accurate, in a process that has become known as "robo-signing".

At this point, the banks will verify that all legal documents are legit and correct any errors in the process.

Janus Real Estate Group    *    Heather Anderson     *    972-765-3773

Bi-Lingual Real Estate Agent in Allen

We strive to provide you with the best of professionalism and resources.  Each week we will spotlight one of our top agents that can assist you in your real estate needs: from buying your first home to selling an investment property. 

After living in West Texas for 10 years, Hector Cardenas moved to Allen TX in 1995. He worked for a major semiconductor company for 20+ years. In 2002 obtained a Master of Science in Engineering Management from Southern Methodist University.

He became a realtor in 2009. He is dedicated to taking care of his client's real estate needs (buying or selling). Working with him you can expect honesty, integrity and professional courtesy.

Hector is also bilingual English/Spanish.
 

Janus Real Estate Group    *    Heather Anderson     *    972-765-3773

Financing Your New Home

Home loans make the process of buying a new home more affordable than ever.  When buying a home, you should understand as much as you can about the process, as well as the questions you will be answering.  This way, you’ll be familiar with how things work and you’ll find the entire process to go much smoother.

First and foremost, make sure you understand your interest rate.  They are never the same and will vary among the different financial institutions, and time to time.  In many cases, home loans can change on a frequent basis, with little to no notice. As your interest rate fluctuates, your total payback amount fluctuates.

You will also need to understand the terms and the length of the loan.  There are a variety of programs you can choose from: 15 years, 30 years, Government financing, Conventional financing, etc.  Your mortgage loan officer can help you choose the best choice for your needs.  If you choose a longer period, in most cases your interest rate will drop. 

Of course, your ability to pay the loan back is very important.  Some lenders require that you keep your loan full term, while others may provide you with the option to pay it off any time you wish.  Home loans that give you the option to pay it off early will normally save you quite a bit of money in the end.  If you are able to pay your loan off several years early, you’ll save a lot of money in interest in the long run.

Before you rush out and get a home loan, you should always know what you are agreeing to.  Doing a little research and leg work on your loan program, lender and loan terms will help you make a sound decision before signing the final line.  

Janus Real Estate Group    *    Heather Anderson     *    972-765-3773

Allen High School Eagles - Homecoming Game

Congratulations to the Allen Eagles Football team. They are now 5-0. This Friday evening is the Homecoming Game. Come out and help Allen celebrate!

Friday, October 8th - Versus Plano East - 7:30 PM

 

 Janus Real Estate Group    *    Heather Anderson     *    972-765-3773