recent blog posts from Greg Fowler
Posted by Greg Fowler | on March 25, 2009, 3:21 pmThere’s a lot of talk regarding the purchase of foreclosure properties in the news right now, but exactly what does it take to purchase a foreclosure property? And how does this process differ from just buying a house that is listed for sale through a real estate company? This post will explain some of the » Read more
Posted by Greg Fowler | on February 25, 2009, 6:34 pmAlthough scaled back from the $15,000 credit proposed in the Senate, the $787 billion economic recovery package signed into law by President Obama does contain tax incentives for first time home-buyers. The new program is a tax credit of 10% of the purchase price of the home with a maximum credit of $8,000. USA Today » Read more
Posted by Greg Fowler | on February 9, 2009, 6:23 pmWith a voice vote last Wednesday, the US Senate voted to expand the existing $7,500 first time home buyer tax credit. The existing program, which is better described as a zero interest loan went into effect last spring, and has been available to first time home buyers only. The National Association of Home Builders. The » Read more
Posted by Greg Fowler | on February 3, 2009, 4:56 pmAcross the country, mortgage rates rose toward the end of January, from an average of 4.89% for 30-yr fixed loans in early January to rates averaging 5.24% in the latter part of January. This rise in mortgage interest rates caused a significant decrease in mortgage loan application volume, especially in the refinance sector of Dallas. » Read more
Posted by Greg Fowler | on January 27, 2009, 8:00 pmThere is an existing bike trail that circles White Rock Lake in east Dallas. This trail extends north from the lake along White Rock Creek all the way to LBJ Freeway and Hillcrest Road. The Santa Fe Trail is currently under construction. Upon its completion, White Rock Lake will be linked by a bike trail » Read more