President Bush Signs Massive Housing Bill

Early this morning, President Bush signed the housing bill that he had previously threatened to veto.  The bill is designed to provide assistance to 400,000 homeowners across the country that are struggling to make the mortgage payments.  It is also supposed to help stabilize financial markets.Â
The measure, regarded as the most significant housing legislation in [...]

Best Cities To Buy A Home

Real Estate
Best Cities To Buy A Home
Maurna Desmond, 07.14.08, 6:00 PM ET
Houston, we don’t have a housing problem.
The city’s $152,500 median home sale price is up 6.6% from 2005. It boasts a low vacancy rate and an oil-rich economy. Throw in a bubbling entrepreneurial tech scene, and you’ve got four factors that put Houston on [...]

How does an escrow account work?

If you are considering the purchase of real estate in Katy, Texas you’ll want to familiarize yourself with some of the processes such as escrow. It is important to understand what an escrow is and how it will benefit both you, as the buyer, as well as the lender involved.
Let’s start with a basic idea [...]