Real Estate Information Archive

Good Monday morning to you!

We now have 19 days left to capitalize on the federal tax credit for both first time and repeat buyers. If you have any questions on qualification or how this works, please let me know - ashton@bishoprealtors.com.

Our market continues to act as a "price war" and a "beauty contest". While we have seen record sales in the last 30 days, the inventory available is as high as we have ever seen. Nevertheless, mortgage rates remain at historical lows, and our market has successfully navigated through one of the toughest economic conditions ever - for that, we should have gratitude.

If you know someone that has fallen behind on their mortgage, please forward them to www.WichitaFallsShortSale.com. They can find great information on how to resolve their mortgage problems.

Also, if you or someone you know is looking to purchase in this market, forward the site www.TheFallsHomeFinder.com to them. This site has quickly become the most used site for buyers in the Greater Wichita Falls.

If we can serve you or anyone you may know this week, please let me know. Best of luck this week.

"Adopt the pace of nature: her secret is patience." Ralph Waldo Emerson

Ashton
Owner - Bishop Realtor Group                                         

Wichita Falls and North Texas, now is the time to act. The tax credit is set to expire on April 30, 2010. You must be in contract by this date.

We have never seen such a great inventory of homes - www.TheFallsHomeFinder.com. 

If we can help you get pre-qualified, please let us know. Call us @ 940.691.7355.

If you would like to set up a time to view any home for sale, see www.TheFallsHomeFinder.com.

Also, repeat buyers may qualify for up to a $6500 tax credit - call us for details here as well.

Good Monday morning to you!

We only have 25 days left for first time home buyers and repeat buyers to claim their tax credits. If you would like more information, simply reply to this email.
Buyers, remember www.TheFallsHomeFinder.com to preview every home available and request showing times.

If there is anything that I can do for you or someone you may know this week, please let me know.

" Small opportunities are often the beginning of great enterprises." Demosthenes
Ashton
Owner - Bishop Realtor Group                                 

Friends, family, and clients - would be honored to have your vote for Realtor Magazine's top 30 agents under the age of 30. See link below - voting ends March 29, 2009. Thanks again! Ashton

http://www.realtor.org/rmonews_and_commentary/30under30/2010/3030_2010_gustafson

Good Monday morning to you!

Great news here in The Falls - the MSU Mustang basketball team is in the Regional Finals!!! And its here in Wichita Falls! Ticket go on sale this morning @ 9:00 AM @ DL Ligon Coliseum. Grant McCasland has done an unreal job in his first year as Head Coach. If you're in town, I hope to see you there.

Now back to Real Estate....I had the opportunity to be in over 40 homes this weekend. I cannot explain how great our inventory is right now. If you are coming to Sheppard AFB, or heading this way for any other reason, let's talk soon. Chances are, I've seen the place that will work for you. And remember, www.TheFallsHomeFinder.com. If you haven't created a profile here, please do - it is THE BEST site for buyers in our area.

Hope all is well with you. If I can do anything to serve you or anyone you may know, please let me know.

"It is not length of life, but depth of life." Ralph Waldo Emerson

Good Monday morning to you!

We got to experience moments of Spring here and there this week, speaking in terms of weather. We had a huge Spring experience this week in terms of Real Estate. Currently, we've got 12 pending contracts with just 8 days into March. However, this market continues to be a price war and a beauty contest.

We just posted the podcast for March. Click this link to listen in: http://talkrealty.com/ashtongustafson

SPOTLIGHT HOME OF THE WEEK - 5110 Lake Wellington

3 bed + office. Just reduced to $299,900, this is a stunning Wachsman built home in Lake Wellington Estates. This home has it all: Lovely open kitchen, open floor plan, handsome office space, 3 car garage, hardwoods throughout, and large master bath. This home defines "move in ready." Call us today @ 940.691.7355 for an appointment to preview.

REMEMBER THESE SITES:

www.TheFallsHomeFinder.com - Looking to buy?

www.TexomaHomeValue.com - Thinking of selling?

www.WichitaFallsShortSale.com - Behind on mortgage?

www.TexasBankOwned.com - Investing?

Hope all is well. 

May we all live great stories this week.

Ashton

Owner - Bishop Realtor Group                                                

Good Monday morning to you!

We saw rates tick up a little bit this week, but the market definitely had a great boost of activity. With the current PCS to Sheppard Air Force Base and the news of over 300 new jobs coming to our in the next 3 years, things are looking great. Also, this weekend brought 4 new pending contracts and even more offers still in negotiations. Contrary to what you may hear, we are busy here @ the Bishop Realtor Group.

I also found some great HUD Repo's this morning @ www.SouthwestAlliance.com . Please visit the site, and if you would like to view any of these properties, just let me know. You will see that most of them have bid deadlines, so be sure to be mindful of that.

We are just inches away, again, from saving another home owner from foreclosure this week too. If you know of someone that is behind on their payments, please send them to www.WichitaFallsShortSale.com to view some options. There are many popular opinions right now that claim foreclosure is a suitable option for those behind on their payments - this simply is not true. This site will discuss some other options as well to avoiding foreclosure.

And remember, www.TheFallsHomeFinder.com - this site continues to grow in popularity with 1000's of hits each week. Finding a home and creating a favorites list has never been easier. I invite you to return or create an account to see why over 1500 buyers have registered here.

Make it a great week, and please let me know if I can serve you or anyone you may know.

"Everyone who got where he is had to begin where he was." Richard L. Evans

Rates have trended up this week with reaction to the Fed’s announcement that the discount rate was increasing from .5% to .75%. This is the rate banks lend to each other.  The 10 year treasury is now above 3.8% and has taken mortgage rates to a slightly higher level.  Rates as of today are………
 
Conventional
30 year fixed                      5.125% 0+0         (740 FICO, $120,000 maximum loan amount)
15 year fixed                      4.500% 0+0         (740 FICO, $120,000 maximum loan amount)
 
FHA
30 year fixed                      5.250%  0+0         (660 FICO, $120,000 maximum loan amount)
15 year fixed                      4.500%  0+0         (660 FICO, $120,000 maximum loan amount)
 
Jeff McClatchy
VP, Mortgage Manager
Fidelity Bank
940-720-5425 direct
940-564-6650 cell
jmcclatchy@fidelitybankwf.com

Good Monday morning to you!

Did you know that the Federal Tax Credit for 1st Time Home Buyers and Existing Home Owners is set to expire at the end of April? If you or someone you know has buying a home on their "to-do" list for 2010, now is the time. Interest rates are at historic lows and our local lenders have money to lend. See www.TheFallsHomeFinder.com for information or to make an appointment to view any home for sale in our area.

Great Buy of the Week - 5127 Rock Point - $79,500

This 3 bed 1.5 bath home in Meadowlake is the perfect home for the 1st Time Home Buyer, Newlywed, or small family. Recent paint and crown molding can be found on the inside. The backyard is also complete with a newly installed covered patio and a great shop with power. Call us today @ 940.691.7355 for an appointment to preview.

Word on the Street - Short Sales

Through my experience handling distressed properties at Bishop Realtor Group, I've found that homeowners today have more questions than answers about their circumstances. I have created the site, www.WichitaFallsShortSale.com to help everyone understand the possible solutions to foreclosure, as well as provide a detailed explanation of short sales, which may be the best course of action for some homeowners.

You will also notice that I'm offering a FREE Report to explain options to help one decide on a course of action. The idea of losing a home can be overwhelming, and I feel it is vital for everyone to have all the facts necessary to make an informed decision.

As an agent with the CDPE® Designation, I have a strong and unique appreciation of the factors affecting the market, and know that there are options available to you.

If you would like to know more about your options, please call me at (940) 224-0881. I am here to help … in any way I can.

Quote of the Week

To sensible men, every day is a day of reckoning.  ~John W. Gardner

Let's live great stories this week,

Ashton

Good Monday morning to you!!!!

Remember that if you or someone you know is looking to buy and get the first time Home Buyer's Tax Credit, they need to be in contract by the end of April and close by the end of June.

This also goes for the $6500 Tax Credit for current home owners. Some have asked about details on this issue. They are as follows:

Its been a great year thus far for the Bishop Team. If we can serve you or anyone you may know this week, please let us know.

www.TheFallsHomeFinder.com - For Buyers

www.TexomaHomeValue.com - Thinking of Selling?

www.TexasBankOwned.com - Investing?

www.WichitaFallsShortSale.com - Mortgage problems?

"Dreams pass into the reality of action. From the actions stems the dream again; and this interdependence produces the highest form of living." Anais Nin