The Ten Commandments When Applying for a Real Estate Loan

If you thinking about buying a home and taking advantage of the tax credit be sure and follow these rules when applying for your loan.

1. Do not change jobs, become self-employed or quit or job.
2. Do not buy a car, truck or van.
3. Do not use credit cards excessively or let your accounts fall behind.
4. Do not spend money you have set aside for closing.
5. Do not omit debts or liabilities from your loan application.
6. Do not buy furniture.
7. Do not originate any inquiries into your credit.
8. Do not make large deposits without first checking with your loan officer.
9. Do not change bank accounts.
10. Do not co-sign a loan for anyone.

If you are thinking about purchasing a home I would be more that happy to help you. I can also give you recommendations for lenders to begin the loan process.

www.buyinclovisnm.com

Lubbock Market Statistics

Starting April 21st I will be posting the Lubbock real estate market statistics. I will do this on the second Wednesday of the month and will be posting the previous months statistics. I really want this blog to be a service to the community and to the readers. If anyone has any topics they would like featured on the blog please let me know. I am looking forward to keeping my readers up to date on what's going on in the Lubbock real estate market.

What is a REALTOR®?

Did you know there is a difference between a real estate agent and a REALTOR®?

It is important that when selecting an agent to help you sell or buy your home that you chose a REALTOR®. As a REALTOR® we are held to a strict Code of Ethics and Standards of Practice.

For more information on this topic you can go to the following site:
http://www.realtor.com/basics/allabout/realtors/whatis.asp

I hope that everyone had a wonderful spring break!

6108 10th Drive

3 Bedroom 2 Bath 1492 Sqft.
$97,500

Great home for students or family! Isolated master bedroom with double sinks and two closets in the master bathroom. Covered patio in back. New carpet and tile in bathrooms installed 09/08. New a/c unit installed 07/08. Double ovens in kitchen and separate laundry room. Don’t miss out on the $8,000 first time home buyer tax credit! Call me today for more information 806.441.9537.