Homes for sale/lease

Several very nice homes for sale & or lease. Please click on the links below to view. If you are not interested, please pass along to someone who might be!

www.2712honeysuckle.com

www.928hiddenoaks.com

www.1200hudson.com

Hope everyone has a great New Year,

Steve Young
RE/MAX Associates
(817) 276-5149
www.steveyoung.pro
www.steveyoungtexasrealestate.pro
http://stevesellsdfw.wordpress.com
steve@steveyoung.pro

Posted via email from Steve Young's posts

DECEMBER-2009 Newsletter by Steve Young

<strong><h3>DECEMBER-2009 Newsletter Housing Trends eNewsletter</h3></strong>

Welcome to the most current Housing Trends eNewsletter. This eNewsletter is specially designed for you, with national and local housing information that you may find useful whether you’re in the market for a home, thinking about selling your home, or just interested in homeowner issues in general. <br><br>

The Housing Trends eNewsletter contains the latest information from the National Association of REALTORS®, the U.S. Census Bureau and Realtor.org reports, videos, key market indicators and real estate sales statistics, a video message by a nationally recognized economist, maps, mortgage rates and calculators, consumer articles, plus local neighborhood information and more. 

</ br></ br>

Please click here to view the DECEMBER-2009 Newsletter Housing Trends eNewsletter.

<br><br>

If you are interested in determining the value of your home, click the Home Evaluator link for a free evaluation report.

<a href="http://steveyoung.housingtrendsenewsletter.com?Newsletter_ID=238" >http://steveyoung.housingtrendsenewsletter.com?Newsletter_ID=238</a>

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As Buyers Respond to Tax Credit...

Existing home sales rose again in November '09 7.4% according to the National Association of Realtors. Looks like the extension was a very good thing to do. I believe we will also see a surge after first of year. Continued Low interest rates and home prices, the TAX credits & lets don't forget living in the State of TEXAS makes for a wonderful time to sell and or buy a home or property.

Merry Christmas,

Steve Young
RE/MAX Associates
(817) 276-5149
www.steveyoung.pro
www.steveyoungtexasrealestate.pro
http://stevesellsdfw.wordpress.com
steve@steveyoung.pro

Posted via email from Steve Young's posts

Cook hospital visits

Heard on the news this morning that some of the Dallas Cowboys football team came to visit at Cook Children's in Fort Worth and the comment from several players was they know it did the kids good but the good it did the players was probably even greater. 

Grandma always said if you think you've got it bad or your having a pity party, you know, the party where no one shows up but you, then look around and you'll usually find someone or others in a whole lot worse condition. 

Such it is, especially this time of year, with the kids that are ill, have diseases and many fighting for their very life. Couple that with the strain and stress on the parents and it makes our little problems seem fairly small or at least more manageable. Say a little prayer for these families please, for you see, I know what they are experiencing.

Merry Christmas,

Steve Young

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Short sales

HUD has recently come out with new short sale guidelines and, well, fairly confusing, but then if it wasn't wouldn't we be shocked! think big work small

 

Please save the date: February 13th, 2010, Sheraton Arlington, 1st annual Arlington Board of Realtor's Gala event highlighting and benefiting the ARBOR Community Service Foundation. Silent and live auctions, dinner, desserts served by celebs, TWO music groups and FUN!!

 

The red font is for Christmas...this green too!!

Steve Young
RE/MAX Associates
(817) 276-5149
www.steveyoung.pro
www.steveyoungtexasrealestate.pro
http://stevesellsdfw.wordpress.com
steve@steveyoung.pro

Posted via email from Steve Young's posts

Christmas time

This is Christmas week, and I thought it might be worthwhile to spend a moment to reflect on the words to the hymn, "O Little Town of Bethlehem." It was written in 1867 by Phillips Brooks (an Episcopal pastor from Philadelphia). He had been in Israel two years earlier and had celebrated Christmas in Bethlehem. He wrote this song to reflect on what the night of the birth of Jesus might have been like.
 
O little town of Bethlehem, how still we see thee lie! Above thy deep and dreamless sleep the silent stars go by. Yet in thy dark streets shineth the everlasting light; The hopes and fears of all the years are met in thee tonight.
 
While the streets of our cities are quiet on Christmas day, most likely that day was just like any other day for the people in Bethlehem. But as evening came, the town grew quiet and something remarkable took place.
 
In the second verse the hymn says, "While mortals sleep, the angels keep their watch of wondering love." This is just like today. Our world goes about its business, usually oblivious to the spiritual realities around it.
 
Jesus came into the world quietly. Yes, there was the angelic announcement to the shepherds, but most other people were unaware of the fact that the most significant event in history was taking place. God became a man. But he was born in a stable and laid in a feeding trough. There was no pomp or circumstance as you would expect of a King.
 
Jesus came not only to live among us but to ultimately die for our sins. He took upon Himself the sins of the world (your sins and my sins) and paid the ultimate penalty that we deserved to pay that we might have everlasting life.
 
During this Christmas week, I hope you will stop long enough to consider what happened in that little town of Bethlehem. But even more so, I hope you will think about what Jesus did for us at Calvary.

Steve Young
RE/MAX Associates
(817) 276-5149
www.steveyoung.pro
www.steveyoungtexasrealestate.pro
http://stevesellsdfw.wordpress.com
steve@steveyoung.pro

Posted via email from Steve Young's posts

Brand new on the market

Wow, builders loss will be your gain! This is a gorgeous custom built home with decorator touches through out.

Please go to www.1200hudson.com to see.

 

If you are not interested please pass along to someone who is.

Steve Young
RE/MAX Associates
(817) 276-5149
www.steveyoung.pro
www.steveyoungtexasrealestate.pro
http://stevesellsdfw.wordpress.com
steve@steveyoung.pro

Posted via email from Steve Young's posts

Continued low rates...

...Coupled with home prices remaining relatively low, TAX credits

 for first time and current home owners plus first time bond monies and down payment assistance makes this a great time to sell and or buy in today's market! 

What do I do first you ask? Call me, 817-276-5149, and then I'll get you in touch with a mortgage officer that knows the programs that are available for you. The foundation of your home purchase begins with getting approved for a loan, obtaining information that could save you money, then with that you are ready to find that perfect home for you and your family.

Also check out my blog regarding importance of getting pre qualified by a reputable lender at: Predatory lending. 

Scary stuff but not if you do your home work upfront with a full time, professional Rrealtor & mortgage officer! 

Steve Young
RE/MAX Associates
(817) 276-5149
www.steveyoung.pro
www.steveyoungtexasrealestate.pro
http://stevesellsdfw.wordpress.com
steve@steveyoung.pro

Posted via email from Steve Young's posts

FHA RELEASES CONDO LOAN RULES

The Federal Housing Administration (FHA) has released new lending insurance restrictions for condominium buyers and developers.

The FHA’s tighter lending standards include restrictions on buildings with poor finances, too many delinquent owners and a high number of rentals. The agency will also require at least 30 percent of units in new buildings be pre-sold before it will insure any loans; this will rise to 50 percent in 2011.

The stipulations have been set to protect the FHA from insuring loans with a risk of falling into delinquency.

About 18 percent of loans currently insured by the FHA are either delinquent or in foreclosure, and the agency’s money reserves have dipped below the federal minimum.

The Real Estate Center

Steve Young
RE/MAX Associates
(817) 276-5149
www.steveyoung.pro
www.steveyoungtexasrealestate.pro
http://stevesellsdfw.wordpress.com
steve@steveyoung.pro

Posted via email from Steve Young's posts

Tonights installation & awards dinner

Hope your able to come to Cowboy stadium for this big shindig. Look forward to being MC & seeing everyone

Steve Young
817-276-5149
www.steveyoung.pro
steve@steveyoung.pro

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ARBOR Foundation Gala

 An affair to remember...

Our first annual Gala event raising funds for the Arlington Board of Realtors Community Service Foundation www.arborcsf.org will be held

Saturday, February 13th 2010 at the Arlington Sheraton

located at  

1500 Convention Center Drive · Arlington, TX 76011. Two live bands, silent auction & live auction, great food & networking & best of all help support an organization that is SUPPORTING ARLINGTON! 

Please check out our new web site for more information and also to be able to donate & request assistance. www.arborcsf.org.

Call or email Steve Young, Chairman, to get more info.

Steve Young
RE/MAX Associates
(817) 276-5149
www.steveyoung.pro
www.steveyoungtexasrealestate.pro
http://stevesellsdfw.wordpress.com
steve@steveyoung.pro

Posted via email from Steve Young's posts

HOMEBUYER TAX CREDIT RULES CLARIFIED

WASHINGTON, D.C. (Realtor.org) – IRS eligibility guidelines for the home buyer tax credit when co-borrowers purchase a property have been spelled out.

When a home owning parent of an adult child co-signs for a mortgage and both names appear on the note, the first-time home buyer can qualify for the whole amount under some circumstances.

The IRS says the parent doesn’t qualify for any portion of the credit, but if the child hasn’t owned a home during the three years preceding the current purchase and can qualify based on income, he or she can be allocated the entire $8,000 credit.

When unmarried individuals co-purchase a home and only one of them is eligible for the credit, then the full $8,000 can be allocated to the eligible buyer.

The Real Estate Center

Steve Young
RE/MAX Associates
(817) 276-5149
www.steveyoung.pro
www.steveyoungtexasrealestate.pro
http://stevesellsdfw.wordpress.com
steve@steveyoung.pro

Posted via email from Steve Young's posts

Continued low rates

Coupled with home prices remaining relatively low, TAX credits for first time and current home owners plus first time bond monies and down payment assistance makes this a great time to sell and or buy in today's market! What do I do first you ask? Call me and then I'll get you in touch with a mortgage officer that knows these programs that are available for you. The foundation of your home purchase begins with getting approved for a loan, obtaining information that could save you money, then with that you are ready to find that perfect home for you and your family.

Also check out my blog regarding importance of getting pre qualified by a reputable lender at: Predatory lending

Steve Young
RE/MAX Associates
(817) 276-5149
www.steveyoung.pro
www.steveyoungtexasrealestate.pro
http://stevesellsdfw.wordpress.com
steve@steveyoung.pro

Posted via email from Steve Young's posts

Web site sign up

I want to thank you for taking the time to visit my website at www.steveyoung.pro. As a consummate real estate professional, I’m committed to providing the absolute best service to my clients. I feel that by educating my customers & clients regarding Texas Real Estate,  I put them in the position to make informed decisions, and I can take care of the details so that any transaction runs as smoothly as possible.

When you are ready to move forward on selling, leasing or buying a home or other real estate properties in the surrounding DFW area,  please call or email me. I’d appreciate the opportunity to help you with any of your real estate needs. Once again, thanks for visiting the site. Don’t hesitate to call or e-mail me with any of your real estate needs.

steve@steveyoung.pro or  817-276-5149. Also please follow my real estate blogs at   http://stevesellsdfw.blogspot.com/

Steve Young
RE/MAX Associates
(817) 276-5149
www.steveyoung.pro
www.steveyoungtexasrealestate.pro
http://stevesellsdfw.wordpress.com
steve@steveyoung.pro

Posted via email from Steve Young's posts

Web site sign up

Steve Young
RE/MAX Associates
(817) 276-5149
www.steveyoung.pro
www.steveyoungtexasrealestate.pro
http://stevesellsdfw.wordpress.com
steve@steveyoung.pro

If you do not want to receive emails from Steve Young, please reply with “remove” in the subject line, and I will remove you from my mailing list.

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SHORT SALE GUIDELINES REVISED

WASHINGTON (Associated Press) – Guidelines for short sales to help homeowners who need to sell their houses but cannot secure contracts at a high enough price to pay off their mortgages have been revised by the Treasury Department.

The plan was created to aid homeowners whose income or debt is too low to qualify them for a loan modification under the Making Home Affordable program. The plan establishes timetables, a standard process and documents, and cash incentives for participation.

The new guidelines require the:

• property be the homeowner’s primary residence;
• homeowner be delinquent on the mortgage or likely to default;
• loan was made before Jan.1 this year and is less than $729,750; and
• borrowers’ total monthly mortgage payment exceeds 31 percent of their before-tax income.

The guidelines are expected to reduce paperwork by requiring mortgage companies to use the financial and hardship documents submitted by borrowers seeking a loan modification. To speed up the approval process, mortgage companies will have to approve short-sale terms, including the minimum listing price, before the house is put on the market.

Mortgage companies will be required to offer the program as of April 5, 2010.

The Real Estate Center

If you are in this situation, email or call me to get some advice. I have been dealing with short sales since 1989.

Steve Young
RE/MAX Associates
(817) 276-5149
www.steveyoung.pro
www.steveyoungtexasrealestate.pro
http://stevesellsdfw.wordpress.com
steve@steveyoung.pro

Posted via email from Steve Young's posts

New on the market for sale

Just listed: Wonderful home in well established Fort Worth neighborhood. Well kept, wooded area and close to all schools.

Please click on http://www.2712honeysuckle.com/

Let me know if you or maybe someone you know might be interested in this lovely, updated home.

Steve Young
RE/MAX Associates
(817) 276-5149
www.steveyoung.pro
www.steveyoungtexasrealestate.pro
http://stevesellsdfw.wordpress.com
steve@steveyoung.pro

If you do not want to receive emails from Steve Young, please reply with “remove” in the subject line, and I will remove you from my mailing list.

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Short sale/Foreclosure help?

The U.S. Treasury Department's long-awaited guidelines to streamline Short Sales, announced Monday, will have a significant impact on families facing foreclosure, according to RE/MAX International Chairman and Co-Founder Dave Liniger.

The Home Affordable Foreclosure Alternatives Program (HAFA), part of the Home Affordable Modification Program (HAMP), provides financial incentives and simplifies Short Sales procedures by setting limits on the time it takes lenders to respond, freeing borrowers from debt and capping claims of subordinate lenders.

The Treasury's announcement comes on the heels of more than a year's work by RE/MAX leadership to persuade federal lawmakers to address the need for a simpler Short Sale process.

"While the plan doesn't include all of our suggestions, we feel it's a big step in the right direction," Liniger says. "These new policies will make Short Sales much more attractive to our clients and much easier for us to complete."

Steve Young
RE/MAX Associates
(817) 276-5149
www.steveyoung.pro
www.steveyoungtexasrealestate.pro
http://stevesellsdfw.wordpress.com
steve@steveyoung.pro

Posted via email from Steve Young's posts

CMN radiothon December 10,11, & 12th

I am proud to share my time and finances to help raise funds for Cook Children's Hospital through the national and local support of Radiothon. I will be manning the phones on Saturday, December 12th from 9:30 AM to 12 PM. Please call and donate to an organization that has blessed my family and I so much. 

For almost 21 years Cara and I experienced the first rate medical care and just as important, the first rate family care given by all who not only work at Cook but the volunteers as well. If you've not ever been to see and experience the Cook Children's hospital in Fort Worth, all I can say is WOW! What a place!! Come down during radiothon and see what I mean.

Please tune in to 103.7 Lite FM and listen to on-air personalities Gene & Julie, Tony Zazza and Leigh Ann telling live stories of hope and healing from children across North Texas. Each year, the Children’s Miracle Network Radiothon raises much-needed funds to benefit the patients of Cook Children’s Medical Center and Children’s Medical Center.

To donate, call (800) 800-7277 on December 10, 11 and 12,
or 

click here.

Together, our support means that every dollar raised during Radiothon stays in the community to support the work of our hospital. 

Thank you,

Steve Young

Steve Young
RE/MAX Associates
(817) 276-5149
www.steveyoung.pro
www.steveyoungtexasrealestate.pro
http://stevesellsdfw.wordpress.com
steve@steveyoung.pro

If you do not want to receive emails from Steve Young, please reply with “remove” in the subject line, and I will remove you from my mailing list.

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Rates Have Hit All-Time Low Levels Again!

In case you haven't caught the news, home loan rates have done it again, dropping to their lowest level...ever. Not only has the 30 Year Fixed rate returned to its lowest all time level, rates across the board are at their lowest levels.

Yes, that means, go ahead and choose your flavor – 30 Fixed, 15 Fixed, 5/1 ARM or 1/1 ARM – all loan types hit their lowest levels of the year! For the weekly Freddie Mac survey of all lenders, this is the first time that all have been at their lowest level.

Steve Young
RE/MAX Associates
(817) 276-5149
www.steveyoung.pro
www.steveyoungtexasrealestate.pro
http://stevesellsdfw.wordpress.com
steve@steveyoung.pro

Posted via email from Steve Young's posts

Improved TAX credits...Buy that home??

Times change and create opportunities. Today's first time home buyer and new move up buyer tax credits have some significant advantages.

I have what might be the easiest pencil to paper analysis to help you analyze the possible purchase of a home. It also covers rent to buy scenarios too.

Have a great rest of the weekend.

Steve Young
RE/MAX Associates
(817) 276-5149
www.steveyoung.pro
www.steveyoungtexasrealestate.pro
http://stevesellsdfw.wordpress.com
steve@steveyoung.pro

If you do not want to receive emails from Steve Young, please reply with “remove” in the subject line, and I will remove you from my mailing list.

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Get the price right first

Price it RIGHT... Or you'll get a lower price later

In my  20 years of real estate I've observed one key thing, folks thinking of selling their home really don't like to hear this statement. Most feel, when they hear "price it right" they are being asked to sell at a reduced price and the realtor just wants a quick sale. In reality it is a TIMELY sale both the seller and realtor should want. In a market where we have an over abundance of pre-owned & new construction homes for sale, pricing becomes even more critical and as a rule, the longer your home remains on the market...the less you will get. Overpricing, especially in a market that is saturated with homes for sale, is a big, big mistake. An agent that knows and keeps current with the market and what is going on in that particular neighborhood and surrounding area will know how to price your home to get it sold expediently while still realizing for you the highest and best sales price. There can in some cases be the need for a "pre-listing" appraisal and a "pre-listing" inspection.

*In conclusion most showings for any home will take place during its first 2-4 weeks on the market - when it’s an exciting, new listing! So, it’s critical that the asking price be razor sharp to the actual value right from the start of your home being put on the market!!

*Steve Young has been a top producing Realtor since 1989. Growing up in the DFW metroplex, he knows areas and values extremely well. He is a member of the RE/MAX 100% club, rookie of the year 1990 and Realtor of the year 2005 for the Arlington Board of Realtor's, is the past chairman for the Arlington Board of Realtor's for 2008 and current Chairman of the Arlington Board of Realtors Community Service Foundation.
817-276-5149
www.searchtxhomes.com

Steve Young
RE/MAX Associates
(817) 276-5149
www.steveyoung.pro
www.steveyoungtexasrealestate.pro
http://stevesellsdfw.wordpress.com
steve@steveyoung.pro

Posted via email from Steve Young's posts

Thanksgiving

Hope all have a peaceful and blessed Thanksgiving. Here is a site that has a really cool Thanksgiving quiz. Maybe help us to remember the firm foundation that this Country was founded on. 

Thanksgiving Quiz

Steve Young
RE/MAX Associates
(817) 276-5149
www.steveyoung.pro
www.steveyoungtexasrealestate.pro
http://stevesellsdfw.wordpress.com
steve@steveyoung.pro

If you do not want to receive emails from Steve Young, please reply with “remove” in the subject line, and I will remove you from my mailing list.

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HVCC info

Received a very good update yesterday at board meeting regarding the home value code of conduct going on. There are also some good sites reporting on this too. Bottom line, we need to be pro active for our customers & clients as well as our own business. To whom much is given much is required.

Steve Young
817-276-5149
www.steveyoung.pro
steve@steveyoung.pro

Posted via email from Steve Young's posts

Repeat buyers

The new homebuyer program

offers an exciting new opportunity missing from the previous incentives – a tax credit of up to $6,500 for qualified purchasers who have owned and occupied a primary residence for a period of five consecutive years during the last eight years. This gives those who already own a qualifying residence some additional reasons to take advantage of lower home prices and interest rates and finally move up to the home of their dreams.
 
Important Deadlines
Purchase agreements must be signed by April 30, 2010, and closings must be final by June 30.

Get the Facts
There are other important rules and guidelines you must meet to qualify for this great opportunity. So, if you or someone you know has missed out on the first two home buyer tax credit programs in the last two years, don't wait. Give me a call today. I'll get you in touch with some of the best mortgage officers in the business that will gladly review your situation and see if you can benefit from this new and improved program.

There are also NEW Tarrant County bond programs coming for first time buyers that will work with the $8,000 first time buyer TAX credit. Out of pocket money to purchase your new home could be as little as $1,000 plus receiving the Governments TAX credit too!

Steve Young
RE/MAX Associates
(817) 276-5149
www.steveyoung.pro
www.steveyoungtexasrealestate.pro
http://stevesellsdfw.wordpress.com
steve@steveyoung.pro

Posted via email from Steve Young's posts

Insurance web site

This is a good site to keep up with Insurance info for Texas. http://tcais.org/

You can also sign up for their email newsletter which gives a good synopsis of current events.

Some of the latest things are a drop in auto insurance rates, per there info, of 14%. This will help all of us and also Arlington, Tarrant and Johnson Counties Real Estate sales. 

Steve Young
RE/MAX Associates
(817) 276-5149
www.steveyoung.pro
www.steveyoungtexasrealestate.pro
http://stevesellsdfw.wordpress.com
steve@steveyoung.pro

Posted via email from Steve Young's posts

EVENTS CENTER AT UT ARLINGTON

Some pretty cool stuff coming...The University of Texas System Board of Regents has unanimously approved the final design for the University of Texas at Arlington’s $78 million special events center.
The 6,500-seat center will be home to the UT Arlington Mavericks basketball and volleyball teams, commencement and other community events once it opens in early 2012.
Groundbreaking for the building is slated for spring 2010.
A four-story, mixed-use residence hall and parking garage is planned just north of the events center, and the university is partnering with the City of Arlington to carve out a walkway along Center St. and green space on the center’s south side.

Story courtesy of: The Real Estate Center

Steve Young
RE/MAX Associates
(817) 276-5149
www.steveyoung.pro
www.steveyoungtexasrealestate.pro
http://stevesellsdfw.wordpress.com
steve@steveyoung.pro

.

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Lincolns opinion on Property Rights

"Property is the fruit of labor...property is desirable...is a positive good in the world. That some should be rich shows that others may become rich, and hence is just encouragement to industry and enterprise. Let not him who is houseless pull down the house of another; but let him labor diligently and build one for himself, thus by example assuring that his own shall be safe from violence when built." The Collected Works of Abraham Lincoln edited by Roy P. Basler, Volume VII, "Reply to New York Workingmen's Democratic Republican Association" (March 21, 1864), pp. 259-260.

Steve Young
RE/MAX Associates
(817) 276-5149
www.steveyoung.pro
www.steveyoungtexasrealestate.pro
http://stevesellsdfw.wordpress.com
steve@steveyoung.pro

Posted via email from Steve Young's posts

TEXAS CITIES DOMINATE LIST OF TOP PERFORMERS

In a "Best-Performing Cities Index" the Arlington-Fort Worth ranked #12 out of all! 

Leaders in this year’s index, which ranks U.S. metros based on their ability to create and sustain jobs, are all metros that succeeded in avoiding the worst of economic declines driven by falling housing markets and job losses in manufacturing and global trade.

Regional economic factors also strongly influenced the rankings this year, with the oil and gas sector, technology and alternative energy providing stability among metros in Texas, North Carolina, Washington and Louisiana.

Another factor helping Texas metros move up in the rankings is the state’s favorable business climate and its ability to attract jobs and corporations away from higher-cost states. 

You can get a list/ranking of all the cities by going to: The Real Estate Center

Steve Young
RE/MAX Associates
(817) 276-5149
www.steveyoung.pro
www.steveyoungtexasrealestate.pro
http://stevesellsdfw.wordpress.com
steve@steveyoung.pro

If you do not want to receive emails from Steve Young, please reply with “remove” in the subject line, and I will remove you from my mailing list.

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Downtown Arlington Farmers market until Dec 18th

Don't forget to visit the Downtown Farmers Market on Fridays now through December 18. The market is located on Front Street between Mesquite and Elm streets, adjacent to the railroad tracks just south of Division.  Market vendors sell tasty fresh produce, seasonal fruits and vegetables, herbs, and unique food products starting at 9:00 a.m. and closing up around 1:00 p.m. 

Steve Young
RE/MAX Associates
(817) 276-5149
www.steveyoung.pro
www.steveyoungtexasrealestate.pro
http://stevesellsdfw.wordpress.com
steve@steveyoung.pro

Posted via email from Steve Young's posts

New on the market for sale

www.2108merrittway.com  Please click on the address link to see more!

Steve Young
RE/MAX Associates
(817) 276-5149
www.steveyoung.pro
www.steveyoungtexasrealestate.pro
http://stevesellsdfw.wordpress.com
steve@steveyoung.pro

.

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Real Estate & life thought...

Time is like gold, and good spending habits are essential! 

The Maxwell Leadership Bible 

Steve Young
RE/MAX Associates
(817) 276-5149
www.steveyoung.pro
www.steveyoungtexasrealestate.pro
http://stevesellsdfw.wordpress.com
steve@steveyoung.pro

Posted via email from Steve Young's posts

FannieMae info

Defaulter's now have the option to rent their home from Fannie Mae. Good or bad? 

Some thoughts...who manages the properties & keeps the books? What's the cost of all this? When, for example, a water pipe breaks in the home, who takes care of the situation and how quickly does it get resolved. Per law, most states have a  certain time frame for high priority items such as this to be done. Do we want the Government to become a landlord? Anyone remember the RTC? 

Just some thoughts, any opinions?

Steve Young
RE/MAX Associates
(817) 276-5149
www.steveyoung.pro
www.steveyoungtexasrealestate.pro
steve@steveyoung.pro

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Just listed

Newly listed in S Arlington Hunter Pointe addition.

2108 Merritt Way, Arl

Steve Young
RE/MAX Associates
(817) 276-5149
www.steveyoung.pro
www.steveyoungtexasrealestate.pro
steve@steveyoung.pro

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Regarding health care vote

Interested in seeing how Yours & other legislators have voted on the health care issue? Click this link:  

 Point of View . 

Then you can enter your address to see your local legislators vote and all the others as well.

Steve Young
RE/MAX Associates
(817) 276-5149
www.steveyoung.pro
www.steveyoungtexasrealestate.pro
steve@steveyoung.pro

Posted via email from Steve Young's posts

Social networking

20 Possible Goals for social media use.  Webpro news

1. I'm a content provider, and I want to expand my reach.

2. I want my customers to be able to stay updated with news about my company.

3. I want to get to know my customers.

4. I want to promote my product.

5. I want to stay abreast of current news and trends.

6. I want to share my ideas with likeminded individuals.

7. I want to increase brand awareness.

8. I want to provide customer service and support easily.

9. I want to find a job.

10. I want to recruit.

11. I want people to like my brand. 

12. I want to collaborate on business projects.

13. I want to directly sell a product.

14. I want to earn respect within my industry.

15. I am getting information overload, and I want to get organized.

16. I want to drive traffic to my site.

17. I want to attract advertisers and make money.

18. I want to get more involved with local prospects.

19. I want to get more involved with people on an international and global level.

20. I want to keep up with my competitors.

I found this after I saw a quote from a good friend of mine on Tweeter the other day…”Brilliant people talk about ideas, average people talk about things and small people talk about other people...”

 

Steve Young
RE/MAX Associates
(817) 276-5149
www.steveyoung.pro
www.steveyoungtexasrealestate.pro
steve@steveyoung.pro

Posted via email from Steve Young's posts

More TAX credit info

Good Monday morning. Okay, just ONE more information site that I have been using for myself. I like anything that puts pretty much everything I need at one place! National Association of Home Builders

Have a great week,

Steve Young
RE/MAX Associates
(817) 276-5149
www.steveyoung.pro
www.steveyoungtexasrealestate.pro
steve@steveyoung.pro

If you do not want to receive emails from Steve Young, please reply with “remove” in the subject line, and I will remove you from my mailing list.

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Homebuyer TAX credit info

Congress has extended and expanded the homebuyer tax credit. If you would like a brief explanation of the changes to the homebuyer tax credit and a chart that outlines these changes in an easy to understand format, email me and I'll send them to you.

I work with the very best loan and mortgage officers in the business that know the new tax credit and first time home buyer programs available,  so when you're ready to get serious about buying a home, email or call me and I can get you in touch with one of them.

Also please check out my blog on predatory lending: stevesellsdfw's blog

Steve Young
RE/MAX Associates
(817) 276-5149
www.steveyoung.pro
www.steveyoungtexasrealestate.pro
steve@steveyoung.pro

If you do not want to receive emails from Steve Young, please reply with “remove” in the subject line, and I will remove you from my mailing list.

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Friday real estate

Hi folks, getting enough emails regarding the TAX credit extension? I was thinking okay, enough is enough but then realized that this is such a good thing, why not send it out en masse! Add to that the great State of Texas we live in and we are very very blessed.

 

Steve Young
RE/MAX Associates
(817) 276-5149
www.steveyoung.pro
www.steveyoungtexasrealestate.pro

www.arborcsf.org
steve@steveyoung.pro

If you do not want to receive emails from Steve Young, please reply with “remove” in the subject line, and I will remove you from my mailing list.

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Election results

Cool State of Texas site shows breakdown/percentage of  2009 Constitutional Amendment Election for Texas!

Election night returns

Steve Young
RE/MAX Associates
(817) 276-5149
www.steveyoung.pro
www.steveyoungtexasrealestate.pro
steve@steveyoung.pro

If you do not want to receive emails from Steve Young, please reply with “remove” in the subject line, and I will remove you from my mailing list.

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Rates stay low

WASHINGTON (AP) - The Federal Reserve on Wednesday held its bank lending rate near 0% and again pledged to keep it there for an "extended period" to foster the fragile economic recovery. The Fed also said economic activity has "continued to pick up" and that the housing market also has grown stronger, a key ingredient to a sustained recovery.

For more on this story, go to http://www.usatoday.com.

Steve Young
RE/MAX Associates
(817) 276-5149
www.steveyoung.pro
www.steveyoungtexasrealestate.pro
steve@steveyoung.pro

If you do not want to receive emails from Steve Young, please reply with “remove” in the subject line, and I will remove you from my mailing list.

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Real Estate news

Fort Worth is tenth fastest-growing city in the nation (Demographics : Dallas-Fort Worth-Arlington) 6/30/2009

(Fort Worth) - Fort Worth was the tenth fastest-growing city in the country in 2008, and three other Texas towns were in the top ten, according to U.S. census population estimates released Tuesday. Texas was well-represented among the fast gainers. Round Rock, north of Austin, was number two on the list with a gain of 7,877 residents. McKinney was number five and Killeen was number nine on the growth chart of cities with populations over 100,000. However, Fort Worth, which added 24,413 residents over the 12-month period and grew to 703,073, stands out in the crowd, census demographer Greg Harper said. "If you look at the ten fastest-growing cities, Fort Worth is number ten, but it is by far the largest city among the ten," Harper said. "It is growing at 3.6 percent over that time, and it is a little unusual to see a city of that size among the fastest-growing. If you look at the top 25, it is still the largest city among those cities in terms of percent change from 2007 to 2008." In Dallas, an increase of 13,538 people made for a total population of 1,279,910. See other demographics & news at http://recenter.tamu.edu/mnews/newssearch.asp?TID=12&AID=8&STX=               Real Estate Center at Texas A&M University

Steve Young
RE/MAX Associates
(817) 276-5149
www.steveyoung.pro
www.steveyoungtexasrealestate.pro
steve@steveyoung.pro

If you do not want to receive emails from Steve Young, please reply with “remove” in the subject line, and I will remove you from my mailing list.

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TX credit extension

Vote on tax credit expected this week
Senate bill amended to extend, expand credit

Congress has approved a one-year extension of higher loan limits for mortgages backed by the Federal Housing Administration, Fannie Mae or Freddie Mac, and an amendment that would extend the first-time home buyer tax credit has been incorporated into a Senate bill to prolong unemployment benefits.
A procedural vote on the unemployment benefit legislation, HR 3548, is expected today, Congressional Quarterly reported, with final passage by the end of the week. Call me if you have questions or would like to get pre approaved for your mortgage loan now.

Steve Young
RE/MAX Associates
(817) 276-5149
www.steveyoung.pro
www.steveyoungtexasrealestate.pro
steve@steveyoung.pro

If you do not want to receive emails from Steve Young, please reply with “remove” in the subject line, and I will remove you from my mailing list.

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Timely issue...

Something other than Real Estate?...okay, set your clocks back one hour Saturday evening and I believe I can actually get in some riding this weekend as well!!  The R1 & the Harley. 

Have a great weekend,

Steve Young
RE/MAX Associates
(817) 276-5149
www.steveyoung.pro
www.steveyoungtexasrealestate.pro
steve@steveyoung.pro

If you do not want to receive emails from Steve Young, please reply with “remove” in the subject line, and I will remove you from my mailing list.

Posted via email from Steve Young's posts

Extending the Home buyers TAX Credit

A strong housing market is vital to the survival of other industries. The retail of goods and services like carpeting, furniture, appliances, title companies and insurance depend on a healthy housing market. The National Association of Realtor's is pushing strongly for the extension of the "home buyers TAX credit" that is due to expire November 30th, 2009. 

Realtor's can go to: 

http://tinyurl.com/yhrszmj & tell your members of Congress to extend and expand the TAX credit.

Steve Young
RE/MAX Associates
(817) 276-5149
www.steveyoung.pro

steve@steveyoung.pro

www.arbor.csf.org

Posted via email from Steve Young's posts

Johnson County early voting

For those of us that live in Johnson County early voting info. 

Johnson County, Texas - Elections - Early Voting

http://www.johnsoncountyelections.com/earlyvote/

Johnson County, Texas - Elections

Any society that would give up a little liberty to gain a little security will deserve neither and lose both.

 
Benjamin Franklin

Steve Young
RE/MAX Associates
(817) 276-5149
www.steveyoung.pro
steve@steveyoung.pro

Posted via email from Steve Young's posts

November 3rd voting

I read an email the other day from another Realtor that was full of misinformation regarding the November 3rd Constitutional Amendment Election. I would rather direct someone to what I consider a fair and impartial site that lists both pros & cons to each proposition. I've already discussed in a previous blog about a few who are in favor of certain props but this way it's better that you read both sides and become, hopefully, more informed about each issue. Then after careful thought and prayer, you decide!

 

The Texas Eagle Forum is not the only site to see both sides but it's a good start.

 

http://www.texaseagle.org/index.php?option=com_content&view=article&id=190:november-3rd-constitutional-amendment-election&catid=44:october09&Itemid=205

Steve Young
RE/MAX Associates
(817) 276-5149
www.searchtxhomes.com
www.steveyoung.pro
steve@steveyoung.pro

Posted via email from Steve Young's posts

Arlington housing stats Sept '09

Home sales data for September, 2009:

 

Number of sales: 358

Average price: $137,300

Total listings: 1,754

Months inventory: 5.2

Notes: Residential data includes single-family, townhouses and condominiums.
Information courtesy of : http://recenter.tamu.edu/

 

Monthly Review of the Texas Economy
September 2009

The Texas economy lost 295,400 nonfarm jobs from August 2008 to August 2009, an annual job loss of 2.8 percent. Over the same period, the U.S. economy lost close to 6 million jobs or 4.4 percent of its total nonfarm jobs. The state's seasonally adjusted unemployment rate rose from 5 percent in August 2008 to 8 percent in August 2009, while the U.S. rate rose from 6.2 percent to 9.7 percent during the same period. http://recenter.tamu.edu/

 

Steve Young
RE/MAX Associates
(817) 276-5149
www.searchtxhomes.com
www.steveyoung.pro
steve@steveyoung.pro

Posted via email from Steve Young's posts

ARBOR Foundation Gala

Our first annual Gala event raising funds for the Arlington Board of Realtors Community Service Foundation www.arborcsf.org will be held Saturday, February 13th 2010 at the Arlington Sheraton located at

 1500 Convention Center Drive · Arlington, TX 76011. 

Call or email Steve Young, Chairman, to get more info.

Steve Young
RE/MAX Associates
(817) 276-5149
www.searchtxhomes.com
www.steveyoung.pro
steve@steveyoung.pro

Posted via email from stevesellsdfw's posterous

ARBOR Foundation Gala

  Our first annual Gala event raising funds for the Arlington Board of Realtors Community Service Foundation will be held Saturday, February 13th 2010 at the Arlington Sheraton located at 1500 Convention Center Drive · Arlington, TX 76011. 

Call or email Steve Young, Chairman to get more info.

Steve Young
RE/MAX Associates
(817) 276-5149
www.searchtxhomes.com
www.steveyoung.pro
steve@steveyoung.pro

Posted via email from stevesellsdfw's posterous

More Foundation info!

Assisted Projects

The Community Service Foundation has helped Arlington area homeowners
complete repairs and improvements that was economically impossible
without the Foundation's help. You can see some of the folks we've
been able to help at http://www.arborcsf.org/assisted_projects.htm.
To donate or request assistance, please go to http://www.arborcsf.org.

Please Call Steve Young, Chairman for more info at 817-276-5149 or
steve@steveyoung.pro

Steve Young
RE/MAX Associates
(817) 276-5149
www.searchtxhomes.com
www.steveyoung.pro
steve@steveyoung.pro

Posted via email from stevesellsdfw's posterous

ARBOR Community Service Foundation

There are many sources of contributions within our membership who will give outside of faith-based commitments through the real estate industry they work and love. To maximize the community service effort of our association, the Arlington Board of REALTORS authorized the establishment of a "tax-exempt, charitable foundation" named the Arlington Board of REALTORS Community Service Foundation (ARBOR CSF) in 2007. It is the Foundation's goal to use 100% of funds raised or donated to go to important programs and projects within our local community. 

"The purpose or purposes for which the corporation is organized are to support and strengthen the community through charitable donations, volunteer work, education, and charitable housing initiatives.  The corporation is specifically authorized to develop and implement grant and/or loan programs to rehabilitate, repair and beautify real property, including privately owned real property, provide disaster and relocation assistance programs for natural disasters and displaced persons, and other programs consistent with such purpose."

Steve Young

Chairman Arlington Board of Realtors Community Service Foundation

817 276 5149

http://www.arbori.com/

steve@steveyoung.pro

Posted via web from stevesellsdfw's posterous

Don't forget early voting starts 10-19-09

Here is a good site to see the pros & cons regarding the 11 propositions on the ballet:

Texas Eagle Forum.

They are all important and props 2, 3, 5 & 11 are extremely important as they deal with ensuring fair and uniform tax appraisals for property owners. The Republican Party of Texas, endorses Props 2,3,5 and 11 and urges voters to approve them on Nov 3. The Texas Farm Bureau has also endorsed Prop 11. The Texas Association of Realtor's has come out in support of Props 2,3 & 5.

Steve Young

More on foreclosures & short sales

My last note I talked about opportunities for folks having a hard time making their payments. This message will deal with buyer's purchasing these properties.

Now if you think your going to get a great deal on a short sale, better think again. Lot's of times the buyer, and part time agents, will see what the property was listed for to begin with, usually this is a list price to try and get the seller out and maybe even make them some money, but on further examination, mainly a market evaluation of the neighborhood, realize the true value is much lower.

Be it know that the lender will also do a market analysis of the area and if they do agree to a short sale, their price that they accept won't be much off this "true value" or value based on comparable homes that have sold.

For example, the home was first listed for $149,900. Now the lender agrees to a short sale and a new market analysis is done. The "true value" comes in at $127,500, (I'm using this because this is a deal I did earlier in the year with these exact numbers).

A prospective purchaser sees the huge difference, and thinks they are getting the deal of a lifetime. They are not, but now lets look at the net net bottom line, if the buyer likes the home and neighborhood, schools, etc. then they are getting a fair deal, maybe even a little under market value, and a house they can make into a HOME! Isn't this what it is all about?

I'll cover foreclosures next.

Important dates to remember

November 3rd Election – Important DatesOctober 19 – First Day of Early VotingOctober 30 – Last Day of Early Voting November 3 – Election Day

Buyers beware

After several testimonials this year from realtor's and prospective buyers, and again yesterday another horror story, makes the picture I've chosen apropos (does the word "predatory lending" mean anything?).

Here it is: Buyer's hire an agent to represent them in finding and purchasing a home. The professional agents will get the buyer pre-qualified with a reputable lender, usually one the agent has done business with and knows the lender and mortgage officer to have a good track record of not only knowing their business but being honest as well. Lender tells buyer that at this time they can not obtain a loan based on credit, job history or maybe both. Buyer wants a home so they go out and, are you going to be surprised at this?...they are able to find a lender (many times it's over the Internet) that tells the buyer, why yes, we can do the loan for you.

Understandably the potential purchaser is very excited, figures the first lender and the Realtor don't know what they are talking about, and proceeds with the contract to purchase the home they've picked out. In this last case, as with most of the others I've been hearing, the buyers now have an accepted contract, they pay the lender another $65-80.00 for loan application, put up earnest money-lets say $1,000, they paid the seller $100.00 option fee, paid approx. $350.00 for their inspections and had already paid the appraisal fee of $350.00. Then one week (most of time it's several days) before the scheduled close, lender says oops, sorry, can't do your loan. All this could have been avoided if they would have done a little more homework. At least get the opinion of another local lender that came highly recommended.

Call or email me for the article on predatory lending. I'll be glad to send it to you. My work #817-276-5149 & email is steve@steveyoung.pro

Mortgage lending is complicated and confusing and that is why historically Realtors and honest mortgage lenders have always worked together. A professional Realtor who holds the lender accountable to working in your best interest is always a great defense against the Predatory Lender. Not all buyer's who are turned down for a loan are the victims of predatory lending. It is the ones who are promised a loan when chances are the lender knew all along they could not do the loan but were glad to take the buyer's money upfront and hope that it somehow might work. Also check out Lonnie Coffey's blogs on the mortgage industry!

Pressing toward the mark...

Word of the day for 9-29-9-ameliorate \uh-MEEL-yuh-rayt\, transitive verb: 1. To make better; to improve.

Not a bad idea to ask myself this every so often, sometimes when I do I find I'm floating downstream with dead fish...and that stinks. Or...changing bad habits such as being late, procrastination, etc to good habits, be on time, take care of responsibilities, etc. Easier to get those changed at the start before they get rooted deep, then it can take awhile.