The Snowden Team's Blog

The Snowden Team

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Displaying blog entries 51-60 of 109

Fort Worth-Arlington Makes the List

by The Snowden Team, Cindy Perman, CNBC

Fort Worth-Arlington, Texas is listed as the #4 Best Cities to Move to in America, according to an article recently published by Cindy Perman, CNBC.com

 

Fort Worth the secret: It's close enough to Dallas that you get all of the amenities of a world-class city, from shopping to cultural events, and it's cheaper. What the report doesn't talk about; plenty of great shopping opportunities right here at home; Hulen Mall, Ridgmar Mall, University Park Village, Sundance Square, Chapel Hill, Grapevine Mills Malls, and the new Sam Moons location by Alliance.  The average home price is about $119,300 in Fort Worth is well below the national average of $171,700. Plus, the cost of living is nearly 14 percent cheaper than the national average.

It has a growing arts & culture scene, including an orchestra, ballet, opera, a great science musem, the Cowgirl musem, the Botanical Gardens and one of the best zoos in the country. In fact, the city has started billing itself as the "City of Cowboys and Culture."

Arlington is home to the Dallas Cowboys, the Texas Rangers, as well as American Mensa, the U.S. chapter of the high-IQ society, and the International Bowling Museum.

The unemployment rate in the area is 8.3 percent, below the national average of 10.2 percent.

Companies That Are Hiring Now: Texas Health Resources, JPS Health Network and Bank of America, according to Indeed.com.

Weekend Special! Just Reduced!

by The Snowden Team

Buy this house this weekend!  Seller just reduced price and very motivated.  Home ready for immediate occupancy.  Brand new beautiful custom home in the Woodlands Subdivision with Guest house on almost 2 acres.  This is a must see! Click <a href="http://www.visualtour.com/showvt.asp?t=2205177" style="color: #0967ad; text-decoration: none;" target="_blank">here</a> for a VisualTour. Call today for a showing 817-690-0976.

Christmas Tyme in Aledo

by The Snowden Team

The holidays are coming fast and it's almost that time again for a night of fun festivities with Christmas Tyme in Aledo on Saturday, December 4, 2010 from 5-9pm.  Please contact Pam if you or someone you know has a business and wants to participate as a vendor.  There are several spots open at the community center from 9am to 9pm or at the Aledo Town Center from 5pm to 9pm.  For more information on a great way to promote your business and have fun for the night call Pam Today at 817-690-0976.     

Business Expo Thursday 10/14/2010

by The Snowden Team

East Parker County Chamber of Commerce is sponsoring the First Annual Business Expo Thursday, October 14, 2010 at Willow Park Baptish Church.  Trade show open to the public with over 55 local businesses participating.  There will a silent auction, door prizes and sample foods from local restuarants and LOTS of FUN!  Hope to see you there.  For directions go to: www.willowparkbaptist.org 129 South Ranch House Rd.

Local Market Existing Sales Up

by The Snowden Team/Patrick McCarroll

The national numbers were posted this morning and Existing Home Sales increased 7.6% nationally.  The South portion of that number increased 5.0% with prices declining -1.5% from August 2009.  Our local market is greatly exceeding the national statistics with Existing Sales increasing 11.7% and the average sales price in August was 12.6% higher then numbers posted in August 2009. 

Now finally is really good news!   Call today to take advantage of the historically low interest rates.  Pam 817-690-0976

Reasons Why To Buy A Home!

by The Snowden Team

Four Reasons To Buy a Home Now!

1) Record Low Interest Rates

2) Low Prices

3) Option to live in a nice neighborhood

4) Forced savings for retirement

Call us TODAY for your DREAM HOME List, Pam 817-690-0976, Mark 817-690-0954, Alicia 817-680-7786 or Office 817-441-7707.

Labor Day Fun!

by The Snowden Team

Relax and Enjoy and have a Happy and Safe Labor Day Weekend! 

Feel free to call us if you have any Real Estate Needs 817-690-0976 Pam, 817-690-0954 Mark

All Time Low Interest Rates!

by The Snowden Team

Wow! Interest Rates are unbelieveably as low as 4.25% for a 30 year mortgage loan and 3.75% for 15 year loan.  Whether you are considering refinancing your house or buying a new one, NOW is the time to do it.  We would love to help you with all your Real Estate needs and questions!  Call us TODAY 817-441-7707 office or 817-690-0976 Pam's mobile.

FHA Changes Coming

by The Snowden Team

FHA on the Prowl

On September 7th 2010 FHA is expected to make changes to the upfront and monthly mortgage insurance premiums for FHA mortgages.  Current FHA loans have an upfront mortgage insurance requirement of 2.25% and a monthly requirement of .55%.  The proposed changes will reduce the upfront expense to 1% however increase the monthly expense from current levels to .85% -- 1.5%. This move will certainly cause restraints on debt to income ratios and borrowers will need more income to qualify. 

Let’s compare the two:                                                                                    Current                                                                       Proposed

$150,0000 Loan amount

Upfront MI                                                                   $3253                                                                         $1447

Loan Amount                                                             $148,006                                                                   $146,197

P&I                                                                              $749.92                                                                      $740.75

Monthly MI                                                                  $67.83                                                                        $182.74 (if FHA chooses the max amount)

Payment (excluding taxes and ins)                         $817.75                                                                      $923.49

WOW!  Don’t you love when value is sold however true value is missing?  FHA has not published what they will increase the monthly PMI amount to however as we’ve discussed on a number of occasions, FHA is desperate to save more money for the MMIF capital reserve account so a worst case scenario is expected.  That have the right to max out at 1.5%. 

If that does occur, the same home will now cost $115 more to purchase.  Or, on the flipside of that, the payment at $150,000 was $817.75.  To maintain that same payment after September 7th, you must now show properties with a sales price of $130,000 to meet that same payment expectation. 

Remember, FHA is still pushing very hard to reduce the seller paid cost from 6% to 3% and I would assume they’ll win that battle. 

The above information provided by: Patrick McCarroll Benchmark Mortgage

 

Reduced Lake Hills Home

by The Snowden Team

Gorgeous Lake Hills upgraded home offers privacy and seclusion just minutes away from City convenience or escape to peaceful lake get aways at Lake Weatherford.

Beautifully landscaped with your own backyard haven.  Enjoy spacious kitchen with granite counter tops. Open concept in this great family home with wood, tile & carpet flooring. Oversized utility room with built in ironing board and large pantry. Huge master suite, split bedrooms & loads of storage. Immaculate & move in ready! 

View this great home at: http://www.visualtour.com/shownp.asp?sk=13&t=2157594&prt=80901

Hurry on this one!  Call today for your private showing before it slips away!           Office 817-441-7707, Mark 817-690-0954, or Pam 817-690-0976

Displaying blog entries 51-60 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