Fort Hood, TX Real Estate News

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 Fort Hood TXHOME Loans.   Many consumers are not informed on the proper way forBUYING A HOME. Of course this is a big question that can stressful or enjoyable, it just depends on the steps you take in the homebuying process for Fort Hood 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 initialINVESTMENT. Each of these will be discussed in this article.  Education Thesteps necessary to purchasing a home in Fort Hood, Texas starts with getting pre-approved for yourHOME LOAN. Notice we did not say get prequalified- in today’s world a prequalification is not meaningful. You should choose a ...
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By The Legacy Group, The LegacyGroup of CrossCountry Mortgage
(CrossCountry Mortgage)
Fort Hood Texas VA Loans  is the best loan program in Texas!     Designed for both active duty military and honorable discharged Veterans, VA MortgageLOANS are one of thebest mortgage loanPROGRAMS available today.         Here are some of the great features of this fantasticPROGRAM:         - Up to 100%FINANCING, with no down required.     - No monthly mortgageinsurance.     - Easier credit qualifying compared to other types ofMORTGAGE LOANS.       - VA Mortgage Rates are low compared to other types ofHOME LOANS.         So how do you qualify for Fort Hood Texas VALOANS?         First of all, you must verifyYOUR eligibility. This is done by ordering your Certificate of Eligibility or COE. You can work with an approved Texas VAMORTGAGE LOAN  lendertoORDER your COE quickly, or you can con...
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By The Legacy Group, The LegacyGroup of CrossCountry Mortgage
(CrossCountry Mortgage)
USDA mortgage loans in the surrounding Fort Hood 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 Fort Hood, 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. Post closing 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 applia...
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By Richard Overall, Your OVERALL Long-Term Real Estate Resource
(United Country Premier Properties)
That's right, as insane as it sounds, there are currently on the market in Killeen, Texas (right next to Fort Hood, Texas) brand new homes available for $67/ft.  This beautiful new home features 2134 square feet of comfort with four bedrooms, two full baths with a two car garage, a privacy fenced backyard and plenty of room to roam all for a miniscule price of just $143,000.   This brand New Killeen Home is complete and ready for your immediate move in.  The location couldn't be better, just minutes from Fort Hood's Clear Creek gate and a short one hour drive from Austin, Texas.  The new home builder here will assist with your closing costs and prepaid items on a VA loan using one of their many preferred lenders.  Of course, on a VA loan there is NO DOWN PAYMENT.  So, to recap, NO DOWN ...
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By Renysha "Rey" Maxam, Proudly Serving Those Who Serve!
(Maxam Team, RE/MAX RedZone)
    Meet SGT Paul Podhorn, a decorated war veteran, that was shot in the head by a sniper while serving in Iraq. He started his day unlike any other but knew that this day felt somewhat strange to say the least. He recalls being out on mission and hearing "a loud crack" followed by a massive headache. As he drifted in and out of consciousness, doctors and medical staff tried to explain to him what had just happened, but all he could think about was his wife Karen. Paul and Karen spoke every morning via Skype and he needed to tell her that he was ok. After a 9+ hour surgery and evacuation to Germany, it was then that Paul would be told that he had narrowly escaped death by one-quarter of an inch. His extensive injuries included a large surgical scar on the left side of his head and a for...
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We offer VA IRRRL Loans with NO APPRAISAL required in Fort Hood Texas, call us at 800 315 8803, 7 days a week or visit us at www.bartprequalifies.com  24/7. The VA Interest Rate Reduction Refinance Loan (IRRRL) lowers your interest rate by refinancing your existing VA mortgage. Call us today at 800 315 8803 or visit us at www.bartprequalifies.com  to discuss your VA loan scenario. We offer VA IRRRL loans on single family properties, condos, manufactured homes, townhomes, and modular homes. IRRRL Facts1.We offer no appraisal for a VA IRRRL on most loans 2.An IRRRL may be done with "no money out of pocket" by including all costs in the new loan or by making the new loan at an interest rate high enough to enable the lender to pay the costs.3.When refinancing from an existing VA ARM loan to...
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By Mary Ann Daniell Realtor, Delivering Successful Results Since 1999
(Coldwell Banker United, Realtors - Subsidiary of NRT LLC )
Home Sales in Killeen Fort Hood TX  2011 and 2012Real Estate Market Data for Killeen Ft Hood TX provided by Mary Ann Daniell, Realtor   Killeen Fort Hood Home Sales Report for 2012 Everyone has been holding their breath to see how 2012 stacked up against 2011, and the statistics are available and they do tell a very positive story.  Sales were up 311 units in 2012 over 2011, a 13% increase in a market that has been looking for good news wherever it can find it.  The largest increase in sales was seen in the $140,000 to $200,000 range.   The largest increase in financing methods was in VA loans, which signifies that military personnel returning from deployments have chosen to put down roots and stay in the Killeen Fort Hood area for the future.   List VS Sell Ratio stood steady at 98% f...
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By Mary Ann Daniell Realtor, Delivering Successful Results Since 1999
(Coldwell Banker United, Realtors - Subsidiary of NRT LLC )
The Fort Hood Texas real estate market is mostly driven by federal VA Loan Guidelines.  We see our military home buyers using FHA loans, and conventional loans on occasion, but the VA Loan is still the mortgage loan of choice for veterans buying homes at Ft. Hood. For over ten years, the rules on VA Loan Appraisals stated that the appraisal was for any veteran to use, and the appraisal stood in effect for six months.  If you were purchasing a home with a VA Loan, and an appraisal had been ordered for it in the past six months, the appraisal would be transferred to your name and to your lender, and it would be used for YOUR benefit so you could close. Now this rule has changed and caught many realtors AND appraisers by surprise. These changes affect sellers, also.  In the past, sellers h...
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By Debi McKamie, Realtor®/Property Manager
(McKamie Real Estate Services, LLC)
Step into the Story- National Museum of Mounted Warfare and Soldier Center was the topic of yesterday's general membership meeting of the Ft. Hood Association of REALTORS.     Ft. Hood, Texas is the largest active duty armored post in the United States Armed Services.  This legendary Army post prepares men and women- Mounted Warfare Soldiers to make a difference in the world.  To honor these Soldiers, to tell their untold stories, the National Mounted Warfare foundation is building a world class, 21st century museum  next to the gates of Ft. Hood. If you could imagine a place where you could make a personal connection to soldiers, and the community that supports them.  A place that shares the untold stories of those soldiers using state of the art technology to create an interactive exp...
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By Debi McKamie, Realtor®/Property Manager
(McKamie Real Estate Services, LLC)
Today is the first day in my new home office serving Ft. Hood/ Killeen Texas.  I spent all weekend with the help of friends and family packing up a UHAUL truck and heading to Central Texas.  This move has brought about alot of different emotions, but I am very excited to be in the Central Texas real estate market. Moving is hard work!!!  So is building a business!!! I am now ready to begin my daily work of networking, calling and marketing myself to a new area.  I am anxious to get out and meet the people in the Ft. Hood/Killeen and surrounding areas.  I spent many years in the Temple/Belton area, so I am failry  familiar with that housing market. I will spend this week familiarizing myself with the Ft. Hood MLS, touring properties and analyzing the housing market in Ft. Hood/Killeen ar...
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By Mary Ann Daniell Realtor, Delivering Successful Results Since 1999
(Coldwell Banker United, Realtors - Subsidiary of NRT LLC )
I've been getting a lot of questions lately about the HAP program.    There's a lot of talk floating around about it, and sellers are are wondering if they even qualify for any of the program benefits. The Home Owners Assistance Program may be of help to certain Ft. Hood home owners who need to sell and need some financial assistance to do so, but figuring out of you qualify for help takes a bit of analysis. One of the best features of HAP is that it is NOT a short sale, and it does not affect your VA loan eligibility nor your credit report! The main issue with the program is that they have recently instituted a date limitation for PCS orders, which keeps a large group of deserving PCS sellers from getting help. The restrictions come into play if you are making a PCS at least 50 miles f...
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By Lori Atkinson
(The FOCUS Team at Coldwell Banker United)
                      NEWS RELEASE                               FOR FURTHER INFORMATION CONTACT:   Howard Henslee, Vice President of Sales   254-547-5125   LORI ATKINSON NAMED TO COLDWELL BANKER® INTERNATIONAL PRESIDENT’S CIRCLE Copperas Cove, TX 3/15/2011 – Lori Atkinson of Copperas Cove, TX, a sales associate / representative with Coldwell Banker United REALTORS has qualified to join the company’s International President’s Circle. This prestigious membership has been awarded to the top 8 percent of all sales associates / representatives worldwide in the Coldwell Banker® system.   “Lori Atkinson has demonstrated the dedication and success embodied by the International President’s Circle,” says Jim Gillespie, chief executive officer of Coldwell Banker Real Estate LLC.  “With an extens...
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By Lori Atkinson
(The FOCUS Team at Coldwell Banker United)
                                          February Market Statistics in the Fort Hood Texas Area   Residential properties saw a slight decrease in comparison to the same period in 2010.  We had 406 new listings, 142 sold listings and 213 listings go under contract in comparasion to 426 new listings, 182 sold listings, and 247 under contract listings in February 2010.  The average sales price for Fort Hood TX Residential Properties in the month of February 2011 was $123,965 compared to Feb 2010's average sales price of $123,897.  The average list to sell ratio for the Month of February 2011 was 98.1% compared to 98.18% in Feb 2010.  The average days to sell in February 2011 is 119 compared to 73 in February 2010. WHAT DOES ALL OF THIS MEAN?? There has been a 4.3% decrease in new homes c...
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By Lori Atkinson
(The FOCUS Team at Coldwell Banker United)
Here in the Fort Hood Texas area, we have not been affected by the housing crash like other areas of the country, however, we have some decline in prices.  Because of that, there has not been a better time to buy a home in a long time.  Another reason that it is a good time to buy is because of the low interest rates.  Many of our buyers use their VA loan which is great - so that they do not have to put any money down.  In addition to the VA loan program, there is a program through the state of Texas called the Texas Veterans Land Board.  It is not just for land though.  Most local lenders can explain the TexVet program to the buyers.  The Texas Veteran Interest Rates remained low this week, at 4.6%.  There is also a 1/2% deduction for our disabled veterans of 30% or more.  
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By Richard Overall, Your OVERALL Long-Term Real Estate Resource
(United Country Premier Properties)
I wrote this post several years ago and now it is time for an update.    Being that Killeen is home to Fort Hood, the largest military installation in the free world, it is no surprise that more Killeen homes are bought using VA guaranteed home loans than any other loan type. As such, and as might be expected, there are also more VA foreclosed homes in the Killeen area than any other type of foreclosed home. A VA foreclosure happens when a veteran purchased a home using his/her VA entitlement to get a VA guaranteed loan and then defaults on the note. The name VA guaranteed loan is somewhat misleading since the guarantee is not to the veteran that he/she will get the loan, but guarantees the lender against loss of principal if the buyer defaults. The veteran must meet certain eligibility...
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By Andrea Curtis United Country Premier Properties Certified Military Relocation Professional, U C INTERNATIONAL DIRECTOR OF MILITARY PROPERTIES
(United CountryPremier Properties)
I can't help it. I love this part of Texas. I grew up in Killeen, TX and fell asleep with the sounds of Howitzers firing. Nothing like having your house shake. LOL Ii loved this area so much that after my husband got out of the Army and changed jobs in Texas we moved back. It has been a wonderful ride. I feel this is the best area to be a Realtor. The world comes to me. I get to meet great people every day from different part of our country and the world. The best part of all is I get to introduce them to my part of the country. Some of my funniest stories are where clients tell me "I surprised my friends when I cut throught town to get ____, I told them my Realtor showed me this short cut" or "I told my first sgt really my Realtor is good, she told me I needed to have enough money left...
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By Mary Ann Daniell Realtor, Delivering Successful Results Since 1999
(Coldwell Banker United, Realtors - Subsidiary of NRT LLC )
The Texas Veterans Land Board offers low interest home and land loans to qualifying veterans .  At this time, rates for disabled veterans with at least a 30% disability are at 3.88% for a 30 year fixed rate loan.  No downpayment is required, but a 1% participation fee is.   The seller may pay this participation fee for the buyer. Today's rate for veterans with no disability is at 4.38%, and also requires no down payment, but does require the 1% particpation fee. As a little bit of history, the Texas Veterans Land Board was created after WWII, to assist Texas veterans by providing low interest, long term loans to purchase land.   The program expanded in 1983 to provide loans for homes as well.   This is a self supporting program, funded by bonds approved  by Texas voters, and uses no tax...
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By Paula Raymond, REALTOR
(Texas Heritage Real Estate )
Killeen Texas is the city closest to Fort Hood Army Base in Central Texas. Other surrounding cities include Copperas Cove, Harker Heights, Nolanville and Kempner - all within a reasonable driving distance to the base - no more than 20 minutes at the most. Currently our area has 40 foreclosures (as of May 4, 2010) that are active on the MLS and most are really great deals! Click this link to see what is on the market today and let contact me for additional information. FORECLOSURES IN FORT HOOD AREA Primarily this is a first time buyer market- which also makes it popular for investors looking to purchase to rent- or purchase to fix and flip. Texas Heritage Real Estate offers assistance with selling, buying and property management. At this time we have around 350 properties in our managem...
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By Mary Ann Daniell Realtor, Delivering Successful Results Since 1999
(Coldwell Banker United, Realtors - Subsidiary of NRT LLC )
Jerry Wright, owner of Jerry Wright Homes, Inc., visited with me yesterday about his plans for the upcoming year.  And I have to say, I came away totally impressed with the exciting direction he is taking his new home builder business this year.!  Jerry said after reviewing contracts for 2009, he has decided that his goal this year as a new home builder is to "make it easy for everyone".. meaning making it easy for buyers AND for their realtors!   He's outfitting every home with the most requested upgrades of granite countertops, lawn sprinkler systems, full yard sod, and privacy fencing.   He will also be paying for all the buyer's closing costs, prepaid reserves, title insurance and for the property survey.   And he said as far as he is concerned, buyers can use any lender, as long as...
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By Mary Ann Daniell Realtor, Delivering Successful Results Since 1999
(Coldwell Banker United, Realtors - Subsidiary of NRT LLC )
Fort Hood Commute Times - #5 of 7 Things You Should Do Before Buying Fort Hood Real EstateBefore you finally make your offer on the perfect home, hit the road and check the actual Fort Hood commute time from your new home to the gate you will use to access Fort Hood. Traffic will be heaviest in the morning between 6 and 9, as everyone goes to PT, work and school. Then it's busy again around 3-4 as schools dismiss. From 4:-30 to 6:30 expect crazy, heavy traffic as everyone leaves work and heads home.And at all times drive defensively!   There's usually at least ONE crazy driver terrorizing the expressway at any time of day!  (Usually several of them!) Normal Fort Hood commute times run around 25-35 minutes, whether you are driving from Copperas Cove, Killeen, or Harker Heights. Getting i...
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Fort Hood, TX Real Estate Professionals