Category: Buying
K. Hovnanian Homes announced on January 29, 2010 that it has purchased 88 lots in The Villas at Craig Ranch subdivision in McKinney, TX and will begin offering seven new floor plans created specifically for Craig Ranch (five of the plans will be single story).
Fannie Mae recently announced incentives to reduce the inventory of homes they now own (due to foreclosure). To entice home buyers, they are offering up to 3.5% of the sales price for the following:
Posted by Kari King in Buying, Home Buying Tips
Tuesday, February 2, 2010
Everyone knows that in most cases you’ll need at least a small down payment to purchase a home … but that’s not all. You’ll also need to come to the transaction with money for closing costs, which can be sizeable.
Posted by Kari King in Buying, Mortgage
Monday, February 1, 2010
After you buy an existing home, let’s face it—the last thing you want to worry about is a broken big-ticket item like the air conditioner or oven. For this reason, it’s a good idea to get a home warranty plan (also called a residential service contract).
Posted by Kari King in Buying, Home Buying Tips
Monday, February 1, 2010
If you’re considering buying residential real estate in Texas, you should know about a common contract feature called the termination option.
Posted by Kari King in Buying
Monday, February 1, 2010