Berkshire Broadcast

The U.S. Department of Housing and Urban Development recently revised its condominium loan policies to allow consumers greater access to mortgage loans that are federally guaranteed through the Federal Housing Administration(FHA). After Oct. 15, 2019, as many as 60,000 additional condo units will meet FHA-certification, making them eligible for buyers to purchase with an FHA loan.

The new guidelines will extend project certifications from two years to three, allow for single-unit mortgage approvals, allow a higher owner-occupant vs. renter occupancy ratio, and increase the number of units eligible to be purchased with FHA loans in a single project.

The FHA certifies eligibility for both condo projects and individual units, but according to

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September is time for Leaves, Lawns, Gardens & HVACs: Chuck Farr’s September 2019 “Talking Real Estate” eNewsletter

Hello again to all of you homeowners, tenants, prospective buyers, and real-estate investors. Before you check the “Talking Real Estate” monthly enewsletter, Fall is just around the corner and has its own home maintenance checklist in Central Texas. Here are a few items to consider during September:

  •       Outdoor Tasks:

o   Plant and fertilize. Fall is a great time to lay down some good fertilizer on the lawn, plant trees, bushes, and perennials; they will thank you for not planting them in the blaze of summer. Fall/winter planting allows the plants and their roots to dig in before next year.

o   Rake leaves and shred to

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Crazy fashion trends do more than strain closet space. They can sometimes send the message that trendiness is more important than building wealth. Here’s to saving the money you spend on new clothes for something more rewarding – a down payment on your own home.

Reduce your wardrobe. Consign, donate or give away clothes you haven’t worn in a year or two. Keep anything that goes with at least three other items, like a jacket that works with a dress, skirt, and blouse, or jeans.

Take better care. Fast fashion doesn’t last, so when you wash clothes, turn pants, skirts, and blouses inside out first. Don’t use wire hangers. Fold knits instead of hanging them. Your clothes will look better and last longer.

Buy less. If you buy something for

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Published By: Daisy Gregg

As a new homeowner, you may not know much about drainage, but rainwater that isn’t properly drained away from your home and yard can result in high repair costs and mold remediation that can deplete your equity quickly. Another part of homeownership you need to be aware of! This quick guide will give you ideas on how you can check for damage and stop it in its tracks!

So what can you do to avoid drainage problems? Drainage issues are typically man-made and can be easily fixed. Watch how your home performs when it rains for clues.

Check gutters. Rain gutters are designed to route rain into drain spouts that carry water away from your foundation and home. A gutter blocked with leaves and dirt will produce a gush of

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Check out this listing

https://www.zillow.com/community/big-sky-ranch-texana-collection/2083080434_zpid/?utm_source=Yahoo&utm_medium=referral&utm_campaign=serpclass

 

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Great House in Dripping Springs.

https://www.zillow.com/community/big-sky-ranch-texana-collection/2083080434_zpid/?utm_source=Yahoo&utm_medium=referral&utm_campaign=serpclass

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If you find yourself saying any of the following, you may be hurting your chances of selling your home quickly and for the most money possible.

“I’m not making any repairs.” According to the 2018 Home Buyer and Seller Generational Trends Report from the National Association of REALTORS®, 47 percent of buyers under the age of 37 purchased new homes to avoid renovations and problems. If many buyers don’t have the will, skill or time to make repairs, you’re eliminating a number of buyers who would otherwise love your home.

“My home has to be worth more than that.” You may believe your home should be worth more than you paid for it and provide you with enough equity to move. Your listing agent will supply you with tools to understand current

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Published by: Daisy Gregg

You’ve done everything right, or so you think. You’ve painted, landscaped and staged, but your home isn’t selling as fast as you thought it would. Here are some surprising reasons why buyers may have the wrong impression.

Poor photography. Don’t take pictures of anything that won’t help your home sell. Make your eye see details, like mail sticking out of the mailbox, trash receptacles on the front lawn and tricycles in the driveway. Take the time to remove anything that doesn’t enhance your home’s presentation.

Pets. Barking dogs can be intimidating, distracting and sometimes dangerous. Secure your pet in a crate during showings, board them, or take them with you. Otherwise, buyers won’t feel comfortable viewing

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Published by: Daisy Gregg

If you’re a seller refreshing your home for resale or an investor selling a remodeled home, you should know that some updates won’t impress today’s homebuyers. Inexpensive updates in lieu of the more durable and sustainable materials that buyers prefer may scare buyers into wondering where else you cut costs.  

Single coat paint – Single coats can leave a ghost of the previous color that peeks through, nor do they deliver the rich color and texture of carefully applied second coats.

Peel and stick tiles– Nothing says cheap like peel and stick tile for floors or backsplashes. Yes, you can remove them, but the real thing wears and looks better.

Faux Granite – What makes granite beautiful and the focal point of a

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◼️ 부동산 칼럼

지난주 칼럼에서는 대부분 모두의 관심사 중에 하나인 학교에 대해서 정리해 보았는데, 이번 칼럼에서는 일전에 다루었던 모기지에 대해서 가능한 모든 론의 종류에 대해서 보다 포괄적으로 자세히 다루고자 한다.



  • 모기지 (Mortgage)의 개념과 론 종류

    • 주택자금 수요자 (예: 주택구매자)가 은행을 비롯한 금융기관에서 장기저리자금을 빌리면 금융기관 (mortgage lender)은 주택을 담보로 대출하는 제도.   즉 쉽게 말하자면, 주택담보융자 이다.   이때, lender는 보통 제1순위 채권으로 Title에 등록이 된다.

    • 제도권 (금융기관, 정부) 융자 주택론에는 Conventional (3+% down)부터, 도심이 아닌 곳을 대상으로한 USDA (0% down), 미국 군 출신을 위한 VA (0% down), 서민을 위한 FHA (3.5+% down)과 다운페이지원 (DPA: Down Payment Assistance)등이 있다.   모두 여러가지 규제와 복잡한 서류제출 및 절차기간이 필요하다. 하지만, 대부분 공통적 서류와 절차를 거치기 때문에, 어느정도 예측이 가능하다고 할 수 있다. 가장 중요한 항목들이 하나의 Borrower (채무자)의 신용점수와 DTI (Dept-to-Income) 등과 세금보고내역 (보통 2년이상 필요) 이다. 

    • Non-QM (Non-Qualified Mortgage): 위의 론 (QM)이 아닌 bank

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