North Texas Real Estate Blog

Know your score? This spring brings good home deals for all and even better for some.
Negotiate a better loan with good scores for the home of your dreams in Southlake TX real estate (great schools) or Trophy Club TX ( new Byron Nelson High school should be awesome) especially now with all the incentives attracting buyers. From historic mortgage loan rates, huge inventories available in Grapevine homes or Keller TX and home builders offering big discounts, it’s a great time to be a buyer.

Winter slips into the distant past as spring time home sales increase. Families of school age children are trying to close on their new homes and settle in before fall brings a new year of education.
Here are some ways to better position yourself for the ample opportunities currently available in today’s real estate market and help you and your family get the lowest interest rate possible.
Getting your score.
There are lots of websites that offer to send you credit scores; however, the one directly related to the 3 major credit bureaus is FreeCreditReport.com. Do yourself a favor and before beginning your new home search take the time to retrieve your credit scores from the website and be sure that no errors exist, as sometimes occur. Also, see what areas can be improved by paying any delinquent bills or paying off any outstanding credit cards. Your preferred lender will be looking at these items carefully when applying for a loan. Work directly with the credit bureaus to clear up and improve your score. After all, your credit score will determine how good of an interest rate you can expect to receive from potential lenders.
Getting your Realtor.
Now that you have your credit score in tip top shape, give us a call. We’ll get you started on the right path to your new home. You should have a relatively good idea of the general vicinity in which you want to purchase a new home. Consider schools, access to major roads for easy commuting, arts, entertainment, churches and eateries. As far as neighborhoods are concerned, you may want to consider the number of foreclosures in the area, current market value dips and possible recovery rates. Property values have dropped in most areas of the metroplex, however some areas stand to recover quicker than others. If you plan on staying in the house long term, recovery speed for market value may weigh so much on your decision as to where to purchase. In any case, spring is in the air, it’s a great time to be a buyer and we are ready to assist you.
Dave Warden 817-706-3291