Embarking on the journey to purchase a Barndominium or land involves understanding distinct financing processes tailored to each property type. This guide outlines the steps for both Barndominium and land loans, providing clarity to prospective buyers. Barndominium Loan Process: Evaluate Your Financial Standing: Credit Score: Ensure your credit score meets the minimum requirement of 660. A higher...
January 2025
Purchasing a new construction home in Texas is an exciting milestone, but it can come with surprises—especially when it comes to property taxes. New homes often experience significant tax increases after the first year, which can lead to unexpected payment hikes if you’re not prepared. Let’s explore why these tax jumps occur, how they affect your mortgage payments, and strategies to minimize...
Did you know you have more than one FICO® Score? Since their introduction over 25 years ago, FICO® Scores have become the most recognized and widely used credit scores. But as the credit landscape evolves, so do FICO® Scores, adapting to changes in consumer credit behavior and lender needs. Let’s explore the world of FICO® Scores, their different versions, and why they matter to you. Can we...
When you’re applying for a mortgage, one of the most critical parts of the process is providing the necessary documentation. The type of documents you need can vary depending on how you’re employed. Whether you’re a W-2 employee or a 1099 independent contractor, this guide breaks down the requirements so you can prepare with confidence. Documents Required for W-2 Employees If you’re a...
Imagine this: you’re paying rent every month, diligently ensuring your landlord’s mortgage is covered, but at the end of the year, you have nothing to show for it. Now imagine if those payments were building equity in a property you own—a home that could grow in value and create opportunities for your family for years to come. That’s the difference between leasing and ownership. Ownership is not...
What to Expect at Netflix House Netflix is set to revolutionize entertainment with the introduction of “Netflix House,” an immersive venue where fans can experience their favorite shows and movies beyond the screen. Dallas has been selected as one of the inaugural locations, with Netflix House slated to open at Galleria Dallas in fall 2025. Occupying over 100,000 square feet in the former...