you can negotiate or put more money down. If you need a realtor I can assist you to make sure this doesn't happen because you get pre approved first and then you want to start searching for a home that is in your budget to eliminate this sort of thing from happening. Please contact me at your earliest convenience.
The MCC Program might be your solution. Ask your lender if they offer this. If not, call me.
The MCC program is a tax credit from the IRS for home buyers who have not owned a home in last 3 years.Lenders can use this tax credit to help you qualify for a little more than you normally would be qualified for.
This program is used on conjunction with Conventional, FHA, VA, and USDA loans.
Vino Alonzo, Loan Officer
First Cal Mortgage
Its interesting to see that this along with other "hot" areas of Houston. It is a pretty good area but so are the Montrose. Really the best thing to do is see what your must haves are and then work with a realtor to realize those aims.
3333 Alabama, Suite 125
Houston, Tx 77098
License No. 0573768 Atlantic & Pacific Real Estate (US), LLC
This is a great little area in the heart of The Heights. There is only one active listing right now, but 2 in Option Pending, and one more in Pending. This is an affordable option if you want to live in this area, but do remember there are monthly maintainance fees
I echo most of the comments posted here. The Heights is a great area to purchase in. There are some pockets that are better than others. By the size and price of the home you mentioned, you are either purchasing a 3 story townhome or an older 2 story home. If it's the former, make sure the townhome is in line with similar construction in the area. The last thing you want to do is purchase a monstrosity in an area full of small bungalows. Also ask your Realtor to run the comps for similar new construction and resales for you. That will give you a good indicator as to the worth of the property. Unfortunately, many buyers get wooed by the new smell of new construction and stop paying attention to the pricing differences involved.
If the home is an older 2 story home in need of rehabbing, pay close attention to the costs involved in remodeling these types of homes. Most of the older homes in The Heights have very little updating. The costs involved with redoing the plumbing, electrical, roof, etc can be astronomical. Keep that in mind.
Champions Real Estate Group
Nhythecker, I would suggest that you go to HAR and pull up some properties in the area and as soon as you find some that you are interested in, please call me or e-mail me and I will be glad to set up an appointment to view. I agree with the previous agent when she stated that as Realtors we are not allowed to define which areas are safe and which are not. My suggestion is to drive all the areas you might be interested in over a weekend and feel out the neighborhood for yourself. Looking forward to hearing from you. Best of luck... more
Kathy you will want representation from a qualified agent. An agent that is willing to discount their commission or work on a non-exclusive basis will not be the bulldog negotiator you need to achieve the highest price for your home.. I've lived in Timbergrove since 2005, and just recently moved. It's my favorite jewel in the city, the neighborhood is undergoing a great deal of renovation and your property is definitely in high demand. I highly recommend teaming up with someone who understands the area, the implications in supply and demand for the area, and understands the price demand for the immediate future.... more
Rentals in the Heights Closed as of 1-1-2010, there were 7 properties found searching the Heights subdivision. The average cost per sqft was $1.11, there may be other "Heights" like rentals that agents named differently.... more