• Extends the existing $8000 1st time buyer credit until June 30, 2010
• Adds $6,500 credit for existing home owners that have occupied a home they own (if you have a mortgage, you still own it and it doesn't have to be paid off) for 5 out of the last 8 years
• Raised the purchase price limit to $800,000
• Raised income limits for singles to $125,000 and couples to $225,000

No. Individuals who move from a high cost area to a lower cost area and who eet all eligibility requirements will qualify for the $6,500 credit.

Senate likely to extend homebuyers' tax credit

CNN is reporting they have a source in the Senate that has indicated a tenative agreement to extend the FIRST TIME HOME BUYER TAX CREDIT of $8,000.

The deal is not done yet and details are not published but here is what the CNN source is saying:

• First time buyer credit would be extended through April 2010
• Current home owners that have lived in their current residnce for 5 years that purchase a home for primary residence purposes could receive up to $6500

We'll keep you posted!

Custom Homes in Southlake and Fort Worth

Looking for a state of the art custom home in Southlake? We have the perfect builder for you. Jimmy Lambert, owner and master builder of J. Lambert Custom homes, has been in business for more than 20 years and builds the best home on the block. Ask any of Jimmy’s clients and they will tell you that Jimmy builds the best house around and has the best customer service after the house is built.

All of J. Lambert Custom Homes are built with exquisite designs. From the elevations all the way to the landscape package, you are definitely getting the top of the line with a J. Lambert Custom Home. In all of Jimmy’s homes you will find heavy crown moulding, rich textured walls and ceilings, attention to …

If you appreciate sophisticated, luxurious surroundings, then you'll appreciate what Trophy Club can offer you.  This quaint community offers a hometown lifestyle and a great social environment for your family to enjoy along with many amenities including award-winning schools in the recognized Northwest ISD, city parks and the worlds only Ben Hogan designed championship golf course.  

One of the Homes in The Highlands in Trophy Club for Sale

Why Should you buy this property?

So You want…

Dear Real Estate Friends and Family,

Katina Norris (one of our buyers) recently accepted the challenge to raise funds to support the 2009 Komen Dallas Race for the Cure®  on October 17th. 

Please join us in the fight by donating in support of my participation in the Race.  Your tax-deductible contribution will fund local outreach and awareness programs for underserved communities in the Dallas County area and national breast cancer research.

Donating is quick and easy.  Click here to visit my personal page and pledge your support.  If you would prefer you can mail a check or money order to my attention to the address below.  No donation is too small.  I truly appreciate your support.

Sincerely,

Katrina Norris

4117 High Crest Dr

Irving,…

Santa Fe Enclave

Your Premier Gated Community in Keller ISD!!

Santa Fe Enclave is a D. R. Horton Premier Community featuring gated security with private swim center, stocked fishing pond, private park and bike trail. Our community features exclusive designs with unique stone elevations only available at Santa Fe Enclave.

Highly Acclaimed Keller Schools!

Santa Fe Enclave is located in the highly acclaimed Keller Independent School District. With homes priced from the $180's to the $270's and featuring standard items such as granite countertops, tile floors, wrought iron stairs, full brick exteriors on one story homes, vinyl exterior trim and much more makes this the best value available in the Keller School District.

For More info on…

Good Morning Everyone - I have a bit of bad news,

I wanted everyone to know the Texas Dept of Housing and Community Affairs has stopped the "Tax Credit Advance" loans.  When I issued your pre-approvals it was subject to a 2nd lien from the State of Texas for your down-payment.  At this time, that is not possible.  We can still use a GIFT from a family member for the 3.5% down-payment or you can use your own verified funds.  The $8,000 Federal Tax Credit is not going away, but for now in Texas you will not get it until after closing and are unable to use it for down-payment. 
 
Anyone that has already received a commitment of funds from TDHCA.  That would mean you have an executed contract, your FHA first lien has already been approved by…

It May Not Last Long! 

If you are currently looking for a home or thinking of looking, it's time to make a move today's interest rates are smoking and they probably won't last through the end of the week.

Conventional Purchase loans w/ 10% down (Minimum 720 credit score)

• 30 YR FIXED 4.875% with only 0.5 POINTS
• 15 YR FIXED 4.375% with only 0.25 POINTS

Conventional Refinance loans to 90% loan to value (Minimum 720 credit score)

• 30 YR FIXED 4.875% with only 0.75 POINTS
• 15 YR FIXED 4.375% with only 0.5 POINTS

FHA Purchase or Refinance loans (First time buyers ask me how to get a loan with NO DOWN PAYMENT REQUIRED!) Minimum 620 credit score 

• 30 YR FIXED 5.125% with only 1 POINT
• 15 YR FIXED 4.5% with only 1…
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