After recent changes in the mortgage industry, it's become more
important than ever to be prepared when you apply for a mortgage loan
and occasionally I find a buyer who has "no credit" and therefore cannot
qualify.
What does "no credit" mean? One method mortgage companies
use to determine a buyers credit worthiness is to run a credit report
from the 3 major credit reporting agencies. If a person pays everything
in cash and does not have a current mortgage, car loan or credit card,
there will be no information on that person and it will show "no
credit."
How can paying cash for everything be bad? It seems like a
good idea to demonstrate fiscal responsibility by only purchasing what
you have cash to purchase but there is no traking method by which a
lender can determine that you will pay your mortgage bill and pay on
time therefore a person with "no credit" would be considered a high
risk.
How can someone establish "good credit?" If you find
yourself in a position with "no credit" you can establish "good credit"
easily. Open a credit card account and every month make a purchase and
when the bill comes pay it off on time. Over a period of 6 months, you
will establish "credit." The longer you hold the card and continue to
pay on time, the better your credit will become.
If you have any other questions about how to prepare to buy a house, email me at robin@robinscottrealtor.com
Austin, Texas. Robin Scott, BROKER. Certified Residential Specialist, Accredited Buyer's Representative, Seller's Representative Specialist. 512.589.7988.
Search for homes through Austin MLS
Find your home's value
Buying or selling? Hire an experienced professional. Call Robin Scott, Broker at 512.589.7988.
Like us on facebook!
Wednesday, October 19, 2011
Monday, October 17, 2011
Bastrop Home For Sale on 1 Acre Lot
CUSTOM HOME ON ONE ACRE LOT FOR SALE IN BASTROP.
This is a 4/2.5.2 with 2 living, 2 dining and an oversized patio for entertaining. It has a fenced back yard, wood laminate in living areas, travertine in wet areas, granite countertops, stainless appliances, dual vanity in master plus separate shower and jetted tub. Master down. Refrigerator conveys. Community pool, park, jog/bike and more. Gated. sprinkler system front and back. Purchase furnished for addistional $4,150. Visit the virtual tour at http://www.tourfactory.com/idx793191. ONLY $350,000.
This is a 4/2.5.2 with 2 living, 2 dining and an oversized patio for entertaining. It has a fenced back yard, wood laminate in living areas, travertine in wet areas, granite countertops, stainless appliances, dual vanity in master plus separate shower and jetted tub. Master down. Refrigerator conveys. Community pool, park, jog/bike and more. Gated. sprinkler system front and back. Purchase furnished for addistional $4,150. Visit the virtual tour at http://www.tourfactory.com/idx793191. ONLY $350,000.
Tuesday, October 4, 2011
August Market Statistics for Austin
AUSTIN AREA MARKET STATISTICS made simple
AUGUST 2011
Homes Sold: 2,145 - DOWN 8% from July
Median Sales Price: $205,000 - DOWN 2% from July
Days on Market: 75 - UP 5% from July
Active Listings: 9744 - DOWN 11% from July
Source: Austin Board of Realtors
AUGUST 2011
Homes Sold: 2,145 - DOWN 8% from July
Median Sales Price: $205,000 - DOWN 2% from July
Days on Market: 75 - UP 5% from July
Active Listings: 9744 - DOWN 11% from July
Source: Austin Board of Realtors
I want to be your REALTOR. If you are thinking of selling a house,
give me a call. I'm happy to answer any questions you may have
about the seller's disclosure or other matters involving selling a
home. 512. 589.7988.
If you are interested in finding out more about Austin, living in Austin, real estate or buying or selling a home in Austin, I want to be your REALTOR. And I appreciate your referrals as well. Call or email to find out how I can help you. 512.589.7988 or robin @robinscottrealtor.com
Austin, Texas Homes for Sale. Robin Scott, BROKER Certified Residential Specialist, Accredited Buyer's Representative, Seller's Representative Specialist. 512.589.7988.
If you are interested in finding out more about Austin, living in Austin, real estate or buying or selling a home in Austin, I want to be your REALTOR. And I appreciate your referrals as well. Call or email to find out how I can help you. 512.589.7988 or robin @robinscottrealtor.com
Austin, Texas Homes for Sale. Robin Scott, BROKER Certified Residential Specialist, Accredited Buyer's Representative, Seller's Representative Specialist. 512.589.7988.
October Issue of Austin Real Estate News
The October issue of Austin Real Estate enewsletter is out. If you would like to subscribe, send an email to robin@robinscottrealtor.com
HOME FOR SALE - EAST AUSTIN CHARMER - $214,900.
2535 Sol Wilson in east Austin was built in 2003. It's a 3 bedroom/1.5 bath home with 1160 sq.ft. per CAD. Located at the end of the block it has an ope floorplan with all tile downstairs, updated light fixtures, a tile countertop in the kitchen, indoor utility room and a security system. Conveniently located only minutes from downtown and shopping with a community garden. http://www.tourfactory.com/755502
HOME FOR LEASE - NORTHEAST AUSTIN - $1,400/MO
7513 Windrush Dr. in Milwodd/Rattan Creek. A 3/2.4/2 home of 1846 sq.ft.CAD that backs to the greenbelt. Laminate floor in living, tile in dining, kitchen, entry and baths, fireplace, covered patio and refrigerator conveys. Check out the photos here. And call Elle at 512.619.2598 to tour.
2535 Sol Wilson in east Austin was built in 2003. It's a 3 bedroom/1.5 bath home with 1160 sq.ft. per CAD. Located at the end of the block it has an ope floorplan with all tile downstairs, updated light fixtures, a tile countertop in the kitchen, indoor utility room and a security system. Conveniently located only minutes from downtown and shopping with a community garden. http://www.tourfactory.com/755502
HOME FOR LEASE - NORTHEAST AUSTIN - $1,400/MO
7513 Windrush Dr. in Milwodd/Rattan Creek. A 3/2.4/2 home of 1846 sq.ft.CAD that backs to the greenbelt. Laminate floor in living, tile in dining, kitchen, entry and baths, fireplace, covered patio and refrigerator conveys. Check out the photos here. And call Elle at 512.619.2598 to tour.
I want to be your REALTOR. If you are thinking of selling a house,
give me a call. I'm happy to answer any questions you may have
about the seller's disclosure or other matters involving selling a
home. 512. 589.7988.
If you are interested in finding out more about Austin, living in Austin, real estate or buying or selling a home in Austin, I want to be your REALTOR. And I appreciate your referrals as well. Call or email to find out how I can help you. 512.589.7988 or robin @robinscottrealtor.com
Austin, Texas. Robin Scott, BROKER. Certified Residential Specialist, Accredited Buyer's Representative, Seller's Representative Specialist. 512.589.7988.
Search for homes through Austin MLS
Find your home's value
Buying or selling? Hire an experienced professional. Call Robin Scott, Broker at 512.589.7988.
Like us on facebook!
If you are interested in finding out more about Austin, living in Austin, real estate or buying or selling a home in Austin, I want to be your REALTOR. And I appreciate your referrals as well. Call or email to find out how I can help you. 512.589.7988 or robin @robinscottrealtor.com
Austin, Texas. Robin Scott, BROKER. Certified Residential Specialist, Accredited Buyer's Representative, Seller's Representative Specialist. 512.589.7988.
Search for homes through Austin MLS
Find your home's value
Buying or selling? Hire an experienced professional. Call Robin Scott, Broker at 512.589.7988.
Like us on facebook!
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