The Carvajal Group Blog

Entries from June 2008

Payment Shock: It’s not a Medical Condition

June 20th, 2008

In the way of the recent mortgage crisis, a new phenomenon has popped on the real estate mortgage market radar.  Payment shock is an event that takes place usually from predatory lending.  People who are unaware that they are signing onto an adjustable-rate mortgage (ARM), a balloon interest loan or some other obscure financial package, […]

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Tags: Austin Home Search · Austin Real Estate · Austin Real Estate Agent · Buying homes in Austin

Selling your Home in a Slowing Economy

June 16th, 2008

Over the past few months, the housing market has suffered huge losses with little sign of immediate recovery.  Numerous defaulted loans have exacerbated the situation, as banks are unwilling to fund new home purchases unless the buyer is extremely qualified.  The atmosphere has thus put a stronghold on the market and sellers are having a […]

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Tags: Austin Home Search · Austin Real Estate Agent

Austin Homes Become Handicap Accessible

June 5th, 2008

The Austin City Council is planning a meeting that could change the way house are built in the Austin area. The council is thinking that they want to make all the new upcoming homes more accessible for those who are handicapped. The council is hoping to pass a city ordinance that will make it required […]

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Tags: Austin Real Estate