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Burnet, TX Real Estate News

By The Legacy Group, The LegacyGroup of CrossCountry Mortgage
(CrossCountry Mortgage)
Special Government Home Renovation Loan Program using Burnet TX FHA 203k Renovation Loans.Many people are not aware of a special government loan program that is part of the Federal Housing Administration or FHA (a department within HUD). A buyer or existing home owner can do meaningful amounts of remodeling or updates to their existing home without having a higher cost second lien thanks to this special FHA loan program.However, this loan program doesn't allow for "luxury items" in your home such as a swimming pool, hot tub, or other accessories. Although, you can repaint, replace flooring and appliances, add a room to an existing structure (which can add to value tremendously as you increase the square feet of your home) as well as remodel cabinetry in kitchens and bathrooms.This loan ...
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By The Legacy Group, The LegacyGroup of CrossCountry Mortgage
(CrossCountry Mortgage)
Special Government Home Renovation Loan Program using FHA 203k Rehab Loans in Burnet Texas.Many people are not aware of a special government loan program that is part of the Federal Housing Administration or FHA (a department within HUD). A buyer or existing home owner can do meaningful amounts of remodeling or updates to their existing home without having a higher cost second lien thanks to this special FHA loan program.However, this loan program doesn't allow for "luxury items" in your home such as a swimming pool, hot tub, or other accessories. Although, you can repaint, replace flooring and appliances, add a room to an existing structure (which can add to value tremendously as you increase the square feet of your home) as well as remodel cabinetry in kitchens and bathrooms.This loan...
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By The Legacy Group, The LegacyGroup of CrossCountry Mortgage
(CrossCountry Mortgage)
The benefits of a preapproval (not prequalification) for Burnet Texas Home Loans. Many consumers are not informed on the proper way for buying a home. No question, this is a big decision, and one that can be either immensely stressful- or immensely enjoyable- depending on how you go about the home buying process of Burnet Texas Home Loans and the surrounding areas. The key is to take the proper steps to educate yourself on your buying power, initial investment, and taking some time to think about your lifestyle choices. This article will cover all of these.   Education   The steps necessary to purchasing a home in Burnet, Texas starts with getting pre-approved for your home loan. Notice we did not say get prequalified- in today’s world a prequalification is not meaningful. You should ch...
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By The Legacy Group, The LegacyGroup of CrossCountry Mortgage
(CrossCountry Mortgage)
Special Government Home Renovation Loan Program using FHA 203k Rehab Loans in Burnet Texas.Many people are not aware of a special government loan program that is part of the Federal Housing Administration or FHA (a department within HUD). A buyer or existing home owner can do meaningful amounts of remodeling or updates to their existing home without having a higher cost second lien thanks to this special FHA loan program.However, this loan program doesn't allow for "luxury items" in your home such as a swimming pool, hot tub, or other accessories. Although, you can repaint, replace flooring and appliances, add a room to an existing structure (which can add to value tremendously as you increase the square feet of your home) as well as remodel cabinetry in kitchens and bathrooms.This loan...
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By The Legacy Group, The LegacyGroup of CrossCountry Mortgage
(CrossCountry Mortgage)
There are many benefits to a VA home loan. It’s important to know how these loans can help you. First, thank you for your service to our country. According to the Mortgage reports, VA loans stand apart for its combination of low rates, lenient underwriting, and secondary benefits. These are 10 Burnet Texas VA loan benefits in 2019. These are:        No down payment on a VA loan        No mortgage insurance        VA loans have a government guarantee        Your ability to shop and compare VA loans        VA loans don’t allow a prepayment penalty        They come in many varieties        It’s easier to qualify for a VA loan        VA loan closing costs are lower        The VA loan offers funding fee flexibility    VA loans are assumable Backed by the U.S. Department of Veterans Affairs, ...
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By The Legacy Group, The LegacyGroup of CrossCountry Mortgage
(CrossCountry Mortgage)
There are many benefits to a VA home loan. It’s important to know how these loans can help you. First, thank you for your service to our country. According to the Mortgage reports, VA loans stand apart for its combination of low rates, lenient underwriting, and secondary benefits. These are 10 VA loan benefits in Burnet Texas in 2019. These are:        No down payment on a VA loan        No mortgage insurance        VA loans have a government guarantee        Your ability to shop and compare VA loans        VA loans don’t allow a prepayment penalty        They come in many varieties        It’s easier to qualify for a VA loan        VA loan closing costs are lower        The VA loan offers funding fee flexibility    VA loans are assumable Backed by the U.S. Department of Veterans Affair...
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By The Legacy Group, The LegacyGroup of CrossCountry Mortgage
(CrossCountry Mortgage)
Being a Burnet TX First Time Homebuyer makes you have to consider your options before you buy. The first thing you will need to consider is what your long-term goals are with being a home owner  and how your goals fit in with that plan. One goal could be to stop paying rent that just increases after every lease you renewBuying your own home first is one of the happiest times of your life! However, a lot of paperwork and time goes into it and finding a lender with great reviews will ease much of the stress. But, the satisfaction you get from your first home closing is something you will never forget! The benefits of being a Burnet TX First Time Homebuyer greatly outweighs renting for the following reasons:          Greater privacy.          Homes typically increase in value the older the...
Comments 0
By The Legacy Group, The LegacyGroup of CrossCountry Mortgage
(CrossCountry Mortgage)
Special Government Home Renovation Loan Program using Burnet TX FHA 203k Renovation Loans.Many people are not aware of a special government loan program that is part of the Federal Housing Administration or FHA(a department within HUD). A buyer or existing home owner can do meaningful amounts of remodeling or updates to their existing home without having a higher cost second lien thanks to this special FHA loan program.However, this loan program doesn't allow for "luxury items" in your home such as a swimming pool, hot tub, or other accessories. Although, you can repaint, replace flooring and appliances, add a room to an existing structure (which can add to value tremendously as you increase the square feet of your home) as well as remodel cabinetry in kitchens and bathrooms.This loan p...
Comments 0
By The Legacy Group, The LegacyGroup of CrossCountry Mortgage
(CrossCountry Mortgage)
Veterans now have access to a new VA renovation loan to refurbish or remodel their homes.  This loan program is available for new home purchases as well as for remodeling homes currently owned by the veteran.  It is estimated that over 50% of homes nationally are 40 years or older, and in the current housing market many homes are in need of updating, addressing deferred maintenance, or improving the energy efficiency of homes to lower utility costs.VA loan benefits include the following unique advantages:  a.  up to 100% financing, b.  no mortgage insurance, c.  up to $ 35,000 in renovation funds escrowed, d.  all renovations must be completed within 60 days of closing, e.  you can close on a purchase or refinance in the “as is” condition, f. you can borrow against the future value of t...
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By The Legacy Group, The LegacyGroup of CrossCountry Mortgage
(CrossCountry Mortgage)
Veterans now have access to a new VA renovation loan to refurbish or remodel their homes.  This loan program is available for new home purchases as well as for remodeling homes currently owned by the veteran.  It is estimated that over 50% of homes nationally are 40 years or older, and in the current housing market many homes are in need of updating, addressing deferred maintenance, or improving the energy efficiency of homes to lower utility costs.VA loan benefits include the following unique advantages:  a.  up to 100% financing, b.  no mortgage insurance, c.  up to $ 35,000 in renovation funds escrowed, d.  all renovations must be completed within 60 days of closing, e.  you can close on a purchase or refinance in the “as is” condition, f. you can borrow against the future value of t...
Comments 0
By The Legacy Group, The LegacyGroup of CrossCountry Mortgage
(CrossCountry Mortgage)
Burnet TX VA Loans is the best loan program in Texas! VA loans offer a special opportunity for our Veterans to become homeowners or refinance their existing VA guaranteed mortgage. VA Loans have more lenient underwriting criteria than other loan programs and offer lower interest rates than conventional loans. Plus, no down payment is required for Burnet TX VA Loans.This step by step guide is intended to give you all the quick answers you need to get started with the VA program, explain all the benefits of a VA Loans, and help you navigate through the loan process as an informed Veteran.Some of the information we will be discussing are:• What are VA Loans?• Interest Rates• How you can apply for a VA Loan?• Obtaining your Certificate of Eligibility from the Veterans administration• Who is...
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By The Legacy Group, The LegacyGroup of CrossCountry Mortgage
(CrossCountry Mortgage)
Being a First Time Homebuyer in Burnet TX makes you have to consider your options before you buy. The first thing you will need to consider is what your long-term goals are with being a home owner  and how your goals fit in with that plan. One goal could be to stop paying rent that just increases after every lease you renewBuying your own home first is one of the happiest times of your life! However, a lot of paperwork and time goes into it and finding a lender with great reviews will ease much of the stress. But, the satisfaction you get from your first home closing is something you will never forget! The benefits of being a First Time Homebuyer in Burnet TX greatly outweighs renting for the following reasons:          Greater privacy.          Homes typically increase in value the old...
Comments 1
By The Legacy Group, The LegacyGroup of CrossCountry Mortgage
(CrossCountry Mortgage)
Burnet Texas VA Loans- the best loan program and loan payment in the greater Dallas/Fort Worth area!   VA Mortgage Loans are one of the best mortgage loan programs available today for both honorably discharged Vets and active duty military personnel.   Here are some of the main features of this great program:    - No monthly mortgage insurance added to your payment.  - Easier credit qualifying compared to other types of mortgage loans. - VA Mortgage Rates are low compared to other types of home loans.    How do you know if you qualify for Burnet Texas VA Loans?   You must first verify your eligibility. This is done by ordering your Certificate of Eligibility or COE. A Farmersville VA loan lender can order your COE quickly for you, or you can go directly to the VA to obtain a copy. You w...
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By The Legacy Group, The LegacyGroup of CrossCountry Mortgage
(CrossCountry Mortgage)
There are many benefits to a pre-approval and not a pre-qualification for Burnet TX Home Loans.   Many consumers are not informed on the proper way for BUYING A HOME. Of course this is a big question that can stressful or enjoyable, it just depends on the steps you take in theHOME BUYING PROCESS for Burnet TX Home Loans and the surrounding areas. You must take the steps necessary to educate yourself on your buying power, take some time to think about your lifestyle choices, and the initial investment. Each of these will be discussed in this article.  Education The steps necessary to purchasing a home in Burnet, Texas starts with getting pre-approved for your HOME LOAN. Notice we did not say get prequalified- in today’s world a prequalification is not meaningful. You should choose aMORTG...
Comments 0
By The Legacy Group, The LegacyGroup of CrossCountry Mortgage
(CrossCountry Mortgage)
Burnet TX FHA 203k Rehab Loans are as special mortgage product, reserved for homeowners with existing FHA mortgages. FHA  Streamline refinancesare the fastest, simplest way for FHA-insured homeowners to refinance their respective mortgage into today’s low MORTGAGE RATES Below are some of the requirements for an FHA streamline:  You must be current on YOUR existing LOAN WITH all MORTGAGE PAYMENTS made on time for the last year. You must own the original property and have made at least six MONTHLY MORTGAGE PAYMENTS before you can qualify for REFINANCING. To REFINANCE, you’ll need an FHA-approved LENDER. If you don’t want to use your current LENDER, any MORTGAGE LENDER YOU CHOOSE must be FHA approved.  FHA Streamline LOANS do not require an appraisal, but a no-appraisal LOAN cannot exceedY...
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By The Legacy Group, The LegacyGroup of CrossCountry Mortgage
(CrossCountry Mortgage)
Burnet TX Streamline Loans are as special mortgage product, reserved for homeowners with existing FHA mortgages. FHA Streamline refinances are the fastest, simplest way for FHA-insured homeowners to refinance their respective mortgage into today’s low mortgage rates Below are some of the requirements for an FHA streamline: ·         You must be current on YOUR existing LOAN WITH all MORTGAGE PAYMENTS made on time for the last year.·         You must own the original property and have made at least six MONTHLY MORTGAGE PAYMENTS before you can qualify for REFINANCING.·         To REFINANCE, you’ll need an FHA-approved LENDER. If you don’t want to use yourcurrent LENDER, any MORTGAGE LENDER YOU CHOOSE must be FHA approved.·          FHAStreamline LOANS do not require an appraisal, but a no...
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By The Legacy Group, The LegacyGroup of CrossCountry Mortgage
(CrossCountry Mortgage)
USDA mortgage loans in the surrounding Burnet area are excellent mortgages to help with your home buying needs.A true 0% down option payment is available to home buyers looking to purchase homes in areas surrounding Burnet, Texas.  Many home buyers realize the importance of keeping their cash reserves for purposes other than a down payment on a home. Thankfully, there is a special government loan program from the USDA that can assist with this. PostCLOSING cash reserves are important to help set up home buyers for success for several reasons.  First, it is always a good plan for a home owner to have at least 6 months reserves on hand for emergencies- such as normal replacement of items like hot water heaters, air conditioning and heating units, washer and dryer, and other appliances lik...
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By The Legacy Group, The LegacyGroup of CrossCountry Mortgage
(CrossCountry Mortgage)
Burnet TX FHA 203k Rehab Loans is the best loan program in Texas!     Designed for both ACTIVE duty military and honorable discharged Veterans, VA MORTGAGE LOANS are one of the BEST MORTGAGE LOAN PROGRAMS AVAILABLE today.         Here are some of the great features of this fantastic PROGRAM:         - Up to 100% FINANCING, with no down required.     - No monthly mortgage insurance.     - Easier CREDIT qualifying compared to other TYPES OF MORTGAGE LOANS.       - VA MORTGAGE RATES are LOW compared to other types of HOME LOANS.         So how do you qualify for Burnet TX FHA 203k Rehab Loans?         First of all, you must verify YOUR eligibility. This is done by ordering your CERTIFICATE of Eligibility or COE. You can WORK with an approved Texas VA MORTGAGE LOAN LENDER to ORDER your COE ...
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By Dorie Dillard Austin TX, NW Austin ~ Canyon Creek and Spicewood/Balcones
(Coldwell Banker Realty ~ 512.750.6899)
I don't know about you but as a child I remember the excitement of going to summer camp.  Our grandson, Trey, is making memories at Camp Longhorn for 2 weeks this summer.  We are emailing him through a website they have established and they print out our notes to him and deliver them daily (sure beats sending letters and cards)!  It is a co-ed residential summer camp that lies in the scenic Texas Hill country, 60 miles northwest of Austin. Tex and Pat Robertson founded Camp Longhorn and there are two branches: Camp Longhorn Inks Lake (est. 1939) located on the shore of Inks Lake, along the Colorado River and Camp Longhorn Indian Springs (est. 1975) situated along two lakes fed by natural springs.  Both camps offer over 30 activities for children ages 8-16.  Trey is staying at the Ink's...
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By Ki Gray, Austin Real Estate
Spring is the perfect time of year to discover the small city of Burnet, Texas, which was named the Bluebonnet Capital of Texas by the 67th legislature. The small city is 48 miles northwest of Austin and one mile west of the divide between the Colorado and Brazos River watersheds, in the hills of central Texas. Burnet was settled in the mid-1800's around Fort Croghan, a military facility. The county of Burnet was formed in 1851, and Burnet was named the county seat, although at the time it was called Hamilton. The town was renamed Burnet in 1858, and built around the historic town square, which still features structures built in the 1800's. Some of the attractions of the Burnet area include the Highland Lakes, Longhorn Cavern and State Park, and the Fort Croghan Museum and Grounds. In t...
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