Austin Real Estate

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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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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