• 5 reasons to consider living in a multigenerational home

    5 Reasons to Consider Living in a Multigenerational Home

    Did you know that 1 in 6 Americans currently live in a multigenerational household? According to Generations United, the number of multigenerational households rose from 42.4 million in 2000 to 64 million in 2016. The 2018 Profile of Home Buyers and Sellers from the National Association of Realtors shows that 12% of all buyers have a multigenerational household. Why Are Many Americans Choosing to Live in a Multigenerational Household? The benefits to multigenerational living are significant. According to Toll Brothers, “In recent years, there’s been a steady rise in the number of multigenerational homes in America. Homeowners and their families are discovering new ways to get the most out of home with choices that fit the many…

  • want to be in a new home by the end of the year_

    Want to be in a new home by the end of the year?

    It’s entirely possible to be in a new home by the end of the year. Why? Interest rates are still low Appreciation is still strong People who are home-shopping at this time of year are serious buyers Your house should sell quickly so you can move-up. Let’s connect… so you can list now and settle into your new home before the holidays. Need another reason? Once you find a house it typically takes 30 days to close once you go under contract. That means you could go under contract around Thanksgiving and possibly close before New Year’s Eve.

  • What FICO® Score Do You Need to Qualify for a Mortgage?

    The good news for potential buyers is that you don’t need a high FICO score to qualify for a mortgage While a recent announcement from CNBC shares that the average national FICO® score has reached an all-time high of 706, the good news for potential buyers is that you don’t need a score that high to qualify for a mortgage. Let’s unpack the credit score myth so you can to become a homeowner sooner than you may think. With today’s low interest rates, many believe now is a great time to buy – and rightfully so! Fannie Mae recently noted that 58% of Americans surveyed say it is a good time to buy. Similarly, the Q3 2019…

  • Home are Selling Quickly (Infographic)

    Homes Are Selling Quickly [INFOGRAPHIC] Some Highlights: The National Association of REALTORS® surveyed their members for the release of their Confidence Index. The REALTORS® Confidence Index is a key indicator of housing market strength based on a monthly survey sent to over 50,000 real estate practitioners. Practitioners are asked about their expectations for home sales, prices, and market conditions. Across the country, homes are selling quickly, in an average of just 31 days. 49% of homes sold in less than a month.

  • 23 Golden Poppy

    SOLD! 23 Golden Poppy – Morgan’s Point

    Living in Morgan’s Point has many benefits … lake living, smaller community on the outskirts of Belton, plus it’s in close proximity to Belton, Harker Heights, Killeen, and Temple. If you’re considering making a move out of a larger city (like Austin), consider 23 Golden Poppy in Morgan’s Point. Price: $165,000 3 bedrooms 2 baths 1520 sq ft New carpet and paint within the last 12 months Stove and microwave are less than a year old Cute wood tile floor in the main living area Wooded property Minutes to Belton Lake For more information about 23 Golden Poppy, email us at johnduketeam@gmail.com or call Meredith Duke, the listing agent, at…

  • 10 acres - Liberty HIll

    10 Acres – Liberty Hill

    We have listed 10 acres of amazing land in Liberty Hill. This is raw land, with no known restrictions (per 2 title agents). Beautiful land with both open spaces and a grove of trees. Build your house on the prairie or tuck it back under the trees for privacy. Lots of oaks! New owner will need to add a septic and well. It truly is a beautiful piece of Texas. Property is located on the north side of Liberty Hill – 370-3 CR 204…about 4 miles north of Highway 29. It’s in the acclaimed Liberty Hill ISD school district. Live the country life! Bring your critters. And yet, you’re still…

  • how does the loan process work_

    How does the loan process work?

    There are many moving pieces when purchasing a home- whether it’s getting pre-approved, finding the right house, inspections, appraisal, etc. One piece you might be wondering about is, how does the loan process work? Tom Hallock with Bank of Texas Mortgage takes a few minutes to explain the loan process, including the time involved. Believe it or not, once you find a home, you could be closed and moving in within 30-45 days. Let’s see what Tom has to say. This is a great 2 minute video…definitely worth the watch. Keep in mind that to be pre-approved, you’ll need to supply this information to your lender (this is not an…

  • How do interest rates affect a home loan_

    How Do Interest Rates Affect a Home Loan?

    Whoa. This is a biggy. Interest rates are rising slowly and that can affect how much home you can afford. John Duke and Tom Hallock with Bank of Texas Mortgage have teamed up once again to go over how rising interest rates can affect how much home you can purchase. Just like Tom mentions in the video, for every 1% increase in interest rates, a person’s buying power drops by 11%. Check out the info in the graph below. If your maximum monthly payment is $2000, with rates at 4.5% a buyer can purchase a home at $495,000. However, if the interest rates increase to 5.5%, the maximum home loan…

  • challenges in the home buying process

    Challenges in the Home Buying Process

    There are many challenges that we see for home buyers, including credit issues, not knowing the buying process, looking at houses that are above their budget, and many more. John Duke with The John Duke Team and Thomas Hallock with Bank of Texas Mortgage, got together to discuss some of the challenges in the home buying process. Tom includes a few tips on getting approved, suggestions for repairing credit, and more. This five minute video is a great intro to what you need to be aware of as you start your home buying journey. Special thanks to Thomas Hallock with Bank of Texas Mortgage for joining us on a series…

  • 2018 tax season

    2018 Tax Season is here

    It rolls around every year and every year it seems there are changes in the tax laws. Well, this 2018 tax season is no different. Take a look at this quick break down for what’s happening to your taxes. There are many things we can do to get ready for tax season. Here’s a .pdf that explains a little more about how to prepare for the 2018 tax season, whether you’re ready for it or not! Hope this info is helpful. If you have any questions or need a CPA or accountant, I have a few names I can send your way. Just let me know! Shoot us an email…