Amazing Interest Rates!

Have you noticed the 4.58% interest rate today?!?!?  Use the mortgage calculator on my home page to calculate estimated payments.  You will need to add in taxes and insurance.  Note:  If you put 20% down you will not have to pay P.M.I. (Private Mortgage Insurance), which is a chunk of change each monthly payment.  Plus, you will have great equity in your home!  It’s a fantastic time to buy!!  I have a couple of wonderful lenders that I would love to refer you to if you need one.

Katie

Corner Post Real Estate welcomes Ace Homes to Seguin!

Welcome to Seguin Ace Homes!!  I am pleased to announced that Brent Hammond and Hunter Shadburne with Austin Civil Engineering, Inc. & Ace Homes are building a new garden home in beautiful Easthill in Seguin.  Swing by 1708 Nordberg to see the construction underway.  Completion is expected around August 10th, so now is the time to negotiate a contract and get everything ready to move in.

Note:  Hunter and Brent are both good Aggies. . .Whoop!

Flood Insurance Program is Back!

Flood Insurance Program Back in Business Until Sept. 30 July 1, 2010 The U.S. Senate last night approved a temporary reauthorization of the federal flood insurance program until Sept. 30. The reauthorization of the National Flood Insurance Program (NFIP) is retroactive to June 1, the date the program was halted. The unanimous Senate vote sent the measure to President Barack Obama for his signature. The House had previously approved reauthorization. Once President Obama signs the bill into law, the NFIP should return to normal operations, according to the Independent Insurance Agents & Brokers of America (the Big “I”). Also, since the extension is retroactive, any new policy applications or renewals that were signed and submitted during the hiatus will be effective from the date of application or, in the case of waiting periods, the waiting period will start from the date of application. http://www.insurancejournal.com/news/national/2010/07/01/111226.htm

Tax Credit Homebuyers Get Extension to Close

WASHINGTON (Dow Jones)–The Senate Wednesday approved more time for homebuyers seeking to claim a federal tax credit, but tabled a six-month extension of jobless benefits.

The homebuyer measure would help only those that entered into binding contracts before April 30. It would give such homebuyers until Sept. 30 to close the sale. Under current law, they would have had to close by today to be eligible for tax credits.

It passed the Senate by unanimous voice vote. President Barack Obama is expected to sign the homebuyer measure, which the House passed earlier this week.