Many of us make New Year’s resolutions from dieting, exercising, traveling, etc.  If one of your resolutions is to purchase that dream home in 2018, here are some helpful steps you can take to make that dream a reality.

Check your credit score.

FICO scores range from 300-850.  If your score is above 740, typically you will get a better interest rate on a loan.  This lower rate could mean saving thousands of dollars per year.  If your credit falls a little short you should look into repairing it.  You can start by correcting any errors and paying bills on time.  It is wise to use 30 percent or less of your total available credit.

Don’t open new credit cards.

Opening new lines of credit could hurt your chances of getting a mortgage or getting the best rate.  As tempting as it may be to save 20 percent of your purchase that one time at a store, it is not worth it in the long run.

Interview real estate agents.

You may ask fm ...

About:
This master-planned community includes over 2,000 acres including 600 acres of open space, walking trails, parks and outdoor fields and resort-style amenities. There are 3 planned Prosper ISD school sites located within the community along with an elementary school and a fire station site. Windsong Ranch offers lower tax rates and No MUD taxes. You will find smaller communities within including Anthem, Cadence, Crosswater, The Landing, Lakeside and Villas at Windsong Ranch.
Price Range per Builder and Type:
Darling Homes From the low 400s on 61’ Lots & From the mid 400s on the 71’ lots
American Legend Homes From the low 400s
Britton Homes From the mid 400s
Chesmar Homes From the upper 300s
David Weekly Homes From the upper $500s
Drees Custom Homes From the low 500s
Grenadier Homes From the mid 200s
Highland Homes From the mid 400s on 61’ Lots & From the low 500s on the 76’ Lots
Huntington Homes From the low 600s
Mainview Hom ...

Did you make any New Year’s Resolutions this year? Perhaps to exercise more, eat better, etc.? Or, did you decide this is the year you purchase that home you always wanted? If this is the case, you may not want to put it off but take the plunge sooner rather than later. If you are looking to downsize, upsize, relocate or you are a first time home buyer, the current economic outlook of 2017 may push you over the fence.
So we ended 2016 in better economic shape than in previous years. Little impact was felt even with the rise in mortgage rates. This produces optimism around the housing market especially here in North Texas and areas such as Frisco, Plano, Prosper, Celina and McKinney. What creates this confidence is the low unemployment rates which is at its lowest since August of 2007 and an increase in consumer confidence. Many major markets around the country have stabilized or recovered and stock market is reaching all-time highs. In North Texas, we have seen our home values! ...