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Horseshoe Bay Real Estate

Horseshoe Bay One Real Estate


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Spectacular Views from this new home site in Horseshoe Bay, TX!

by Horseshoe Bay One Real Estate

Don't miss out on one of the best hilltop building sites available in Horseshoe Bay, Texas!

Spectacular views and half an acre (approximate total area of two lots) located at the corner

of Fault Line and Spider Valley in Bay West.  Priced to sell at $199,000!  Click the link below 

now for listing details!

HUD Announces Change to FHA Condo Policies at Realtors® Conference

by Horseshoe Bay One Real Estate

BREAKING: HUD Announces Change to FHA Condo Policies at Realtors® Conference


SAN DIEGO (November 12, 2015) – This evening, Federal Housing Administration Principal Deputy Assistant Secretary Ed Golding joined National Association of Realtors® President Chris Polychron on stage before a packed ballroom of Realtors® and industry experts to announce changes to FHA condominium policies.

NAR has long advocated for broad improvements to FHA’s condo rules, arguing that existing policy is overly restrictive and keeps many consumers from buying and selling a home.

To address these concerns, Golding announced at the conference’s kick-off event that FHA will make changes to its condo policies in line with those requested by NAR. Those include changes to the lengthy and complex recertification process in place today, burdensome owner-occupancy requirements, and limits on the types of property insurance that are considered acceptable coverage under FHA’s rules.

NAR has worked closely with the Department of Housing and Urban Development to push for changes to FHA condo policy, and NAR President Chris Polychron recently testified before Capitol Hill to bring attention to potential changes, including those related to recertification and owner-occupancy requirements. Golding told Realtors® at the event that changes related to insurance and recertification would take place immediately as part of a Mortgagee Letter to be released on Friday, Nov. 13. He added that policy changes related to owner occupancy, commercial space percentage, FHA concentration and spot approvals would be addressed in a formal rulemaking in the near future.

Polychron issued the following statement about FHA’s announcement:

“Realtors® and consumers got a welcome piece of news today with HUD’s commitment to fix FHA’s condo policies and broaden opportunities for families to find a home.

“Condos are often the most affordable option for homebuyers, especially first-time buyers, and making sure FHA financing is an option is important to supporting homeownership.

“This is a win and a tremendous step in the right direction. NAR applauds HUD Secretary Julian Castro and FHA Principal Deputy Assistant Secretary Edward Golding for taking action to improve access to credit for condos. We look forward to working with them again in the future to help more Americans achieve the dream of homeownership.”

The National Association of Realtors®, “The Voice for Real Estate,” is America’s largest trade association, representing 1.1 million members involved in all aspects of the residential and commercial real estate industries.

Should I Buy a Home Now?

by Horseshoe Bay One Realty

I'm often asked if this is a good time to buy a home. Some clients are concerned that home prices may fall down the road, while others are convinced that home prices will go up.

Home prices are one factor in determining your cost of ownership, but so are interest rates and financing availability. Even though interest rates have fluctuated, they are still near historic lows. Since your monthly mortgage payment is a combination of paying down your principal and paying the interest owed, a one point rise in interest rates could cost tens of thousands of dollars over the life of your mortgage!

While a home is a major investment, it is also the center of your personal life. It's important to live in a home that reflects your taste and values, yet is within your financial "comfort zone." To that end, it may be more important to lock in today's relatively low interest rates while they are still available.

Please give us a call if we can be of any assistance in determining how much home you can afford in today's market.

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Contact Information

Horseshoe Bay ONE Real Estate
13005 West FM 2147
Horseshoe Bay TX 78657
(830) 598-2292