Whats New
Nancy David has earned the nationally recognized Short Sale and Foreclosure Resource (SFR) certification. View the press release. She was also awarded membership in the prestigious RE/MAX Executive Club for top producers closing more than $2.5 million in transactions in 2011. View the press release.
Current News
Freddie Mac recently released the results of its Primary Mortgage Market survey showing mortgage rates easing to new all-time record lows for all products covered in the survey, helping to keep homebuyer affordability high. The average rate on a 30-year fixed-rate mortage fell to a record low of 3.89% for the week ending January 12, down from the previous week when it averaged 3.91%. A year ago, the 30-year rate was at 4.71% Read the full article are HARconnect.
Recent Events
RE/MAX ranks highest in customer satisfaction among both home buyers and home sellers in 2011 J.D. Powers & Associates study. Read the press release.
Real Estate Investor Tools
I have compiled a list of helpful links for my real estate investor clients. Please bookmark this page to keep helpful investor tools at your fingertips.
Section 8 Housing
- Harris County Housing Authority - Landlord Info
- Harris County Housing Authority - Register to List Properties through gosection8.com
Eviction Information and Laws
- Evictions in Texas (from RentLaw.com)
- Tenant Lockout in Texas (from RentLaw.com)
- Evictions in Harris County
Tenant Screening
- SmartMove Tenant Screening (choose who pays, landlord or tenant applicant) For a limited time RE/MAX associates and clients can receive an exclusive discount of 20% off one transaction with a landlord account. Use offer code MAXLPQCD.
- Landlord Protection Services
- US Real Estate Investors Association LLC
Investment Property Financing Programs
The HomePath Program from Fannie Mae is available to investors for special loan programs on Fannie Mae-owned properties offering loans with no lender-required appraisal and no mortage insurance with low down payments.
General Landlord Resources
- FHA Eases Title Seasoning Requirements (June 13, 2008)
- Normal Wear and Tear Guide for Landlords
- Landlord/Tenant Law - by The People's Lawyer, Prof. Richard Alderman
- Tenants Rights - from the Texas Attorney General
Did You Know?
A property owner has seven days to make a decision on a rental application, otherwise the applicant is deemed rejected. Section 92.352 of the Texas Property Code says that the seven-day clock begins on the date the applicant submits a completed rental application on an application form furnished by the property owner, or the date the property owner accepts the application deposit if the property owner did not furnish the application form.
