Mortgage Rates are Falling
Monday, October 27, 2014
Mortgage Rates have just dropped! Now is the time to get into that new home. Call me today!
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Mortgage Prequal v/s PreApproval - all the same....right?
Tuesday, August 12, 2014
Here is a question that we do get from time to time.... from both Sellers & Buyers:
A Mortgage PreQualification or PreApproval - pretty much same thing... right?
..... So we asked Derek Altoonian of the Marcel Deitrich Team with WR Starkey for their explanation....
So… what’s the difference between a Pre-Approval versus a Pre-Qualification and why does it matter? In simply terms, the main difference between a pre-approval and a pre-qualification: income and asset documentation.
A pre-approval means that the loan officer has pulled credit, and collected enough information to fill out a mortgage application to form the details of the loan to purchase a new home. Additionally, a buyer has furnished paystubs, tax returns, and asset statements that show their viability to be approved for a mortgage. We have even gone so far as to underwrite the borrower without a potential address to make sure that there are no “surprises” when the borrower’s “dream home” is found.
A pre-qualification is when a loan officer pulls credit to see if the buyer has a qualifying credit score, and gathers enough information through a verbal interview with the buyer to fill out a mortgage application to see how much buying power your client has. There is often zero documentation with a pre-qualification.
We believe the Pre-Approval is, obviously, much more meaningful to sellers in today's marketplace. The more thorough analysis of the buyer’s income, assets and credit ensures the greatest chance that the pre-approved buyer will fund on the purchase.
- The Deitrich Team - 972-672-3246 - www.marceldeitrich.com - WR STARKEY MORTGAGE, LLP NMLSR#2146
Thank you to Marcel & Derek.
The "Take Away" - as a Buyer seeking every advantage in this low-inventory & competitive market, the extra work to achieve a Pre-Approval v/s a Pre-Approval may make all the difference to a savy Seller reviewing multiple offers!
- Christie Cannon
Thank you Texas Monthly Magazine - 5 Star Professional Award
Friday, May 30, 2014
Thank you to our wonderful clients, awesome staff, & buyer agents for their part in The Christie Cannon Team being selected again as a 5-Star Professional & featured in Texas Monthly Magazine for the 3rd year in a row! I truly appreciate the confidence our clients place in us and am thrilled by the dedication of my staff & team in ensuring that we continue to provide the highest level of service.
- Christie Cannon - 469-951-9588 - www.christiecannon.com -
Insights from Highland Homes' VP of Market Trends
Monday, April 28, 2014
Recently, Highland Homes' blog featured a Q&A with Highland's VP of Architecture & Market Trends, Gonzalo Romero (with whom my clients & I have had the pleasure of working). It offers an interesting insight in to the latest trends & designs in new home constructions.
You can find Mr Romero's comments & thoughts here - http://blog.highlandhomes.com/category/q-architecture
- thanks, Christie Cannon
Tis the Season - for Protesting your Property Tax Value
Saturday, April 26, 2014
The season is almost upon us.... property tax protest season! So what do you do when that envelope arrives & your value went sky high? You do have the opportunity & option to contest/protest your tax value. Despite what some may lead you to believe, it is not a terribly difficult process.
While counties do have variations, tax protests start about May 1st. While most counties offer easy steps & explanations to the process, the how & why a value was derived still leaves many of us wondering.
Once again Texas A&M's Real Estate Center has come to the rescue in this month's Tierra Grande, offering a wonderful article on the detai ls of the Property Tax Protest & Appeal!
You can find the article on their website - http://recenter.tamu.edu/pdf/2062.pdf
Need help or have questions about the comps for your home (from Jan 1st time)? - please feel free to give me a call...
- Christie Cannon
What's up in Frisco ?!? - Frisco EDC Update
Friday, April 25, 2014
The Frisco Economic Development Council -http://www.friscoedc.com/ - offered a wonderful presentation to the Heritage Green HOA earlier this month.
For anyone getting to know Frisco - or just looking for an update on the information that you have, it is a great place to start!
You can find their presentation here - Heritage Green HOA - Frisco EDC - it is an excellent source of some of the newest developments, demographics, & growth!
Thanks - Christie Cannon - 469-951-9588
Frisco Family Services Gala - Reminder!
Wednesday, April 23, 2014
Frisco Family Services 2014 Gala -This Weekend!
Information for this awesome event can be found here!
Frisco, TX - Frisco Schools - Seniors' Tour Day
Wednesday, April 9, 2014
Wednesday April 16th - Frisco ISD offers their frist ever Senior Adult Bus Tour! -
Residents 55+ are invited by Frisco ISD to join them on a school bus tour of three Frisco ISD schools. What a neat opportunity to see our city's schools through the eyes of students. Lunch catered by Frisco ISD Culinary Arts students!
Additional Information can be found here - Spots are limited so be sure to RSVP!
- Christie Cannon
FRISCO TX - Frisco StrEATS -Gourmet Food
Friday, April 4, 2014
Frisco StrEATS - Gourmet Food Truck & Music Festival - Sat April 12th - 1pm-7pm!
You heard that correct - FOOD TRUCK & if you missed it the last 2-years.... it is simply amazing! Do NOT miss it!
2014 Frisco StrEATs Food Truck List!
- Bobaddiction - Boba Drinks and Teas
- Cajun Tailgators – Cajun Food
- Cup-Cakin - Cupcakes and Cakes
- Easy Slider - Sliders
- Gandolfos – New York style deli on-the-go
- Guava Tree Truck - Cuban Food
- Jack's Chowhound – Comfort Food
- JoDawgs – Gourmet Hotdogs -
- Nammi Food Truck – Vietnamese fusion cuisine
- Pompeii –Modern Italian
- Little Greek – Greek Food
- Ruthies Grill Cheese – Grilled Cheese Sandwiches
- Ssahm BBQ – Korean Tacos & Fries
- The Butcher’s Son – Sausages, Brats,& more
- Whats Da Scoop - Ice Cream Truck
Frisco, TX by the Numbers!
Thursday, March 13, 2014
People often ask me about Frisco's size, growth, population, demographics & more!
Here is apeek at Frisco's latest numbers:
Quick Facts:
- Current Population Estimate: 138,360 (as of March 1, 2014)
| • Current Area: | 67.7 square miles (includes everything currently annexed) | ||
| • Area at Build out: | 70.23± square miles; 44,950 acres (includes ETJ) | ||
| • Build out Percentage: |
59.1% Built or Platted (as of January 1, 2014) |
||
| • Median age: | 34 years | ||
| • Housing Units: | 49,620 | (as of March 1, 2014) | |
| • Households: | 47,420 | (as of March 1, 2014) | |
| • Median Household Income: | $111,690 | ||
| Median Family Income: | $120,940 | ||
| Per Capita Income: | $42,750 | ||
| • Frisco ISD Students: |
46,260 |
(as of January 6, 2014) |
|
| • Educational Attainment: (adults 25 years and older) |
96.5% |
high school graduates or GED |
|
- Detailed information from the City of Frisco can be found here: Frisco at a Glance
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