Hello, everybody. This is Abel Anguiano, Kb Homes Specialist for San Antonio located at Exit IH10 Reality here at San Antonio,Texas. Today I’m going to talk to you about credit restoration. Now, there is a lot of people with not so good credit out there because of the recession or whatever the case may be,your credit is not so good. Now, there’s nothing wrong with that. OK, maybe there is something wrong with that. Your credit is low and you need to get financed, especially to get in a great KB home here in San Antonio.So what we have here actually in our office we hired credit restoration of Texas to help with our clients beat back to par with their credit. In other words if you’re a 560 or 540, we’ll do whatever it takes. We’ll let you know exactly what you need to do to get back to at least a 620 to get financed with a good interest rate.So we do need your commitment to this,as well, because I will be committed to your and so with the Credit Restoration of Texas.As soon as you get on board with us we’re going to give you a free credit report and let you know exactly what needs to be done to put you back to where you need to be, even if that means getting a new credit line, and using it correctly.And then after you’re about a 620 Credit Restoration of Texas — Michael Hopkins is actually his name, the guy that actually works here for Credit Restoration of Texas.
He’s going to tell me exactly when you are ready and once it’s a 620, he’s going to let you know, let me know and that way we get back into the game of finding you a piece of real estate, whether it’s a Kb home here in San Antonio,commercial, farm and land. If you need to get financed you need a decent credit score.So go ahead and give me a call, 210-393-1978. 210-393-1978. that is my phone number, find out about my free 1 hour consultation or you can catch me on my website and read all about me or read all about whatever about all the services I can do for you. I’m looking forward to hearing from you and I’m here for you and it’s because of you is why I’m doing this business. What I’m doing is to find you a home whether its a Kb home here in San Antonio,commercial,land,or and property you are desiring to get. So, come on board. I’d be glad to help you out.
If you have been hesitant to obtain your Texas real estate license, there are many who wouldn’t blame you. These days, if you simply open a newspaper or turn on the television, you might think the world is going to end. Now, we are in fact in the middle of a recession, but even though the glass is half empty, it is also half full. For those willing to look past the pessimism to the opportunities, now is great to time to invest in yourself and become a real estate agent.
There are two sides to the current housing market. On one hand, home prices are falling and it’s difficult to sell. Also, an unfortunate amount of people—over 800,000 in 2008—are losing their homes to foreclosure. On the other, it’s a buyers market, and those with available resources are investing. Now is actually an ideal time to become a realtor.
It is truly a buyers market, for a couple of reason. Housing prices are falling nationwide. According to the latest S&P/Case-Shiller Home Price Index, they have fallen on average of 21% from their peak. Now it’s true that the lower that the home price, the lower your commission. But, buyers with the resources to do so are eager to snatch up these properties the lower they go, thus what is lost in quality is made up for in quantity. Even so, realtors in Texas may have it best: falling prices, but not so low that commissions suffer significantly. While the sunbelt has seen prices fall up to 40%, Texas home values on average have decreased by 5.5% in the last year. This looks like the trend for the future, in report by PMI Mortgage Insurance named San Antonio, Houston, Fort Worth and Dallas, among their top ten cities with the lowest risk for lower real estate values in the upcoming year.
There are a huge number of homes going to auction each day, so the opportunities for a wise investor are plentiful. If a home does not sell at auction it is purchased by the lender and put on the market for a traditional sale. Even at this point a buyer will get an incredible deal. Due to the large numbers of homes being foreclosed on each day, there are quite a bit of foreclosed properties on the market. This number is likely to increase. Banks continue to be overwhelmed by the sheer amount of properties, and some are deliberately slowing the process so they don’t have to take the markdowns in the books. Either way, it’s estimated thats 70% of the inventory hasn’t even been posted on the MLS yet. Thus, there will be no shortage of these properties in the upcoming year.
If you want to obtain your Texas real estate license there is no time like the present. The Texas Institute of Real Estate can guide you through the process and prepare you for every aspect of your real estate career. Considered the premiere business school for realtors, their courses are offered live, via correspondence, or online. In addition to obtaining your license, you will receive an invaluable education. Learn how to take advantage of the current economy and the opportunities it provides, and gain the know-how and skills necessary to continue to thrive in any environment.
They say that more millionaires were made during the Great Depression than any other time in history. Now, to call the current state of the economy a depression is an exaggeration, and you may not make millions. But the lesson is that resourceful individuals can take advantage of any situation. There are opportunities present in the current housing market, but it’s up to you to seek them out and capitalize on them.
Armando Montelongo was born in 1970 and grew up in San Antonio Texas. He co-founded Montelongo House Buyers along with his brother, David, and now presides as president of the company.
Armando’s main company is called Montelongo Worldwide Incorporated and is headquartered in his home town of San Antonio, Texas.
This Texans small family ran business became a huge success in just 5 short years after it became popular on the A&E television show “Flip This House”. He is accompanied by his wife, Veronica, and brother, David, in all of his housing flipping adventures on the show.
The reason behind the mans quick success is nothing but pure motivation. He firmly believes in hard work, a philosophical view on life and positive thinking. He also believes everyone should have very big dreams.
The Montelongo family are as laid back as they appear on the television show. They all love playing practical jokes and rarely pass up the opportunity to do so. This is seen often in their hilarious antics in front of the camera.
Most recently, Armando has brought his success to the internet to share with others. He is now offering a program filled with a home study course and ebooks that can teach just about anyone all the methods he uses to build a run a successful business. So far, things must be working too. There is an awful lot of buzz about this man all over the web.
He has met his share of heat from the fans for his sometimes forward attitude on the show, but most view this as someone who just doesn’t take well to being messed with. While there are some people that feel this doesn’t make for a good business owner, others feel it is the exact reason he became successful so quickly.
It is not at all uncommon to see “For Sale” signs posted in front yards throughout a typical neighborhood in America. Unfortunately, the reason for selling the property is not usually because a family’s income has increased and they are moving into a bigger yard with a swimming pool and three-car garage nor is it due to a newly retired couple who has just purchased an RV with the intention of seeing the country. Instead, more and more people around the country are losing their homes to foreclosure.
According to the Houston Association of Realtors, one in three homes that were sold last month had been in foreclosure. That is up nearly ten percent from the number of homes purchased through such circumstances last year. Of course, this number just accounts for the homes that are actually finding new owners. How many of us have seen the same house stay on the market for months on end? The number of homes sold last month fell 22.7%, with the total numbers of houses sold down more than thirty percent from the same period two years ago. This news is not good for realtors, contractors, construction workers, and anyone else involved in the housing industry.
In the stimulus package that was signed by President Obama, first-time homeowners have been offered an $8000 tax credit that does not need to be repaid if the home is not sold within three years. Will this be an important step in improving consumer confidence when potential buyers are considering a home purchase? I guess we will check on the statistics at this time next year and see.
At Bertolino LLP, we have Austin bankruptcy attorneys and San Antonio bankruptcy lawyers who practice Ch 7 and Ch 13 bankruptcy law and real estate law. We also have San Antonio bankruptcy lawyers who can provide the legal assistance you need if you are facing foreclosure or if you want to make sure that you are signing a fair contract when buying your first home in San Antonio. Please contact one of our attorneys in Austin, Houston, or San Antonio and let’s see how we can help. http://www.belolaw.com
Big Flip In San Antonio, Texas