The Snowden Team's Blog

The Snowden Team

Blog

Displaying blog entries 41-50 of 109

Snowed In Again in DFW

by The Snowden Team

Snowed in again in the DFW metroplex.  We are very fortunate to live in the milder temperatures of the country and it is very unusual to have this much snow and ice.  Remember to keep faucets covered and keep an inside faucet dripping to prevent pipes from freezing.  Bundle up and stay warm. If you have any real estate questions, feel free to call me any time 817-690-0976.

Bi-Weekly Mortgage

by The Snowden Team

Bi-Weekly Mortgage Payments

What are they? Basically when you sign up for Bi-Weekly Mortgage Payments instead of making one single monthly mortgage payment each month, or 12 mortgage payments a year, you make a 1/2 mortgage payment every two weeks. And because there are 52 weeks in a year, that equates to 26 half mortgage payments a year, or 13 total monthly mortgage payments.

Since you are paying two half payments a month your principal decreases faster and as a result you are charged less interest. The result? years can be shaved off of the life of your loan. You will save thousands of dollars over the life of the mortgage. For example, by paying biweekly on a $100,000, 30-year fixed rate mortgage at a 6.5 percent interest rate, you could save more than $30,000 and pay off your loan in 22 years.
 

How do you go about setting it up? Call your mortgage company and ask them if they offer biweekly payments and if there is a charge for it. Also make sure that they are applying the payment twice a month and not just once.

Another option is to pay an extra amount towards your principal each month or once a year. Can you pay $25, $50, or $100 a month extra towards the principal of the loan? You will build a substantial amount of equity in your home in no time.
 

Example, if you have a 30 year mortgage at 5% interest rate and you pay $50 extra towards principal a month you will save $21,299 in interest! Say that you are only planning on living in your home for 5 years, that's all the more reason to do it and build your equity as the beginning of the loan is when the least amount of principal is being paid and the majority of your payment is interest.

If you have any additional questions feel free to contact us at 817-441-7707.

New Listing on Acreage

by The Snowden Team

Beautiful country setting just 3 miles from courthouse square on 7+ acres, fenced & cross fenced with stable for animals & huge 20x60 workshop. Nice clean open home with large country front & back porches to enjoy the countryside. Huge utility room.  Great place & value.  Take a virtual tour at:  www.visualtour.com/show.asp?T=2381981

Aledo Lot Reduced

by The Snowden Team

Great 1.07 acre lot on Cul-De-Sac with Water Frontage. NO CITY TAXES OR WATER BILL! DRILL YOUR OWN WELL. Beautiful Country Setting Ideal to Build Your Dream Home!! Great Buy!! Bring Your Builder! Aledo ISD. REDUCED TO $55,000. 

Directions: I-20 West, Exit 415, S on FM 5, R on Muir Rd., L on Savage, R on Bear Creek, L on Scenic View, R on Goldstrike, Lot on Right 

Happy New Year!

by The Snowden Team

We want to take this time to wish you all a very Happy and Safe New Year and Many Blessings in 2011.  The Snowden Team, Pam, Mark and Alicia

New Year - New Price - New Owners!

by The Snowden Team

Reduced to $140,000.  Wonderful home and neighborhood, vacant and ready for new owners. This home offers a great split bedroom and open concept floor plan with a private backyard and covered patio.  New kitchen flooring.  You don't want to miss out on this bargain. Call today for your private showing, 817-690-0976 Pam.

Tax Deal Has Home Owner Benefits

by The Snowden Team

Did you know?  Home owners were among those who benefited from the tax compromise that President Obama signed last week. Among the most home owner-friendly provisions are:

Deductions for private mortgage insurance: The agreement extends through 2011 a provision allowing home owners to deduct mortgage insurance premiums. To qualify for the full deduction, homeowners must have an adjusted gross income of $100,000 or less. Taxpayers with AGI of $100,000 to $109,000 can claim a partial deduction. Borrowers can’t deduct mortgage premiums on home loans that closed before 2007.

Tax credits for energy-efficient home improvements. Home owners who install insulation, new windows or other energy-saving improvement in 2010 are eligible for a tax credit worth 30 percent of the cost up to a lifetime maximum of $1,500. Improvements must be bought and installed by Dec. 31. Those who delay improvements to 2011 still get a tax credit, but it is capped at $500.

Source: USA Today, Sandra Block (12/21/2010)

Reduced and Ready for New Owners!

by The Snowden Team

Room for Everyone in this Sprawling single story with 5 bedrooms & 3 baths has lots of room for a large family or families caring for aging parents. Split bedrooms provide privacy, 3 living areas (including large bonus room), gorgeous hardwood flooring, 2 fireplaces, 2 dining areas & vaulted ceilings. Beautiful 2 acre grounds with huge workshop, lots of storage, horses welcome! 

Christmas Tyme in Aledo

by The Snowden Team

Christmas Tyme in Aledo is Tonight between 5-9pm. Many venues through the City. We will have many vendors, child crafts, door prizes and food. Please come by and see Santa at Realty World Professionals from 7-9pm. It's going to be a blast and what better way to welcome the Christmas Season. Hope to see you there.

Fall Back Time Change 11/7/10

by The Snowden Team

Ready for some extra zzzzzzzzzzzzzzzz!

Fall Back Time Change

This Weekend 11/7/10

 

Fall is perfect time to capture serious buyers!

Call Pam 817-690-0976 or Mark 817-690-0954 TODAY!

Displaying blog entries 41-50 of 109

Contact Information

Photo of The Snowden Team Real Estate
The Snowden Team
Realty World Professionals
311 FM 1187 South Suite 300
Aledo TX 76008
817-441-7707
Fax: 817-441-7993

Pam Snowden of Realty World provides real estate services in the Fort Worth, Texas Metroplex including Aledo, Hudson Oaks, Willow Park and Weatherford, Texas. Search for homes in the Fort Worth Metroplex.  We list and sell residential real estate, investment properties, vacant land, lots for sale, condominiums, townhomes, luxury property in Fort Worth, Texas.

 

This website is maintained by Kim Hughes - Real Estate Virtual Assistant