Calculating Buyer Closing Costs

May 20, 2010 by · Leave a Comment 

Laura Duggan talks with lender, Ben Morton about the typical closing costs that a buyer pays when making a home purchase. Ben outlines these expenses that fall into four main categories—the lender costs, the title costs, insurance costs and escrows of taxes and insurance. The lender is required within three days after a property is […]

Credit Scores and the Loan Process

May 19, 2010 by · Leave a Comment 

Laura Duggan talks with lender, Ben Morton about the importance that credit scores play in the loan process. Ben describes how credit scores are calculated and reported by the three credit bureaus, Equifax, Transunion and Experian and how your credit rating will affect your interest rate. Credit scores play an important role in the loan […]

Protesting Your Tax Appraisal

May 6, 2010 by · Leave a Comment 

In the next few days you should get the 2010 Notice of Appraised Value for your property. It will come from the county tax office where your property is located so keep an eye out for it. The notice gives you the assessed value for the market value of the land and the improvements or […]

Calculating Your Property Tax

May 6, 2010 by · Leave a Comment 

People often ask us how the property tax in Texas is figured.   The county establishes a property value on January 1st . Assessments are mailed to property owners in April or May with a letter outlining the appeal process. Each tax district decides on a tax rate based on the revenue they need to operate, […]

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