Of course, if you are prepared to put higher amounts down, we can't say for sure what price it would be. Taxes and Insurances would be higher on those increased prices.
So we all suggest you get with an experienced and licensed loan officer to match your goals and abilities with the right loan and home price.
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100% Home Loans All Over Texas for 30 Years
The problem with answering this question is that no one can really give you this answer without knowing really where you want to live. The reason is San Antonio/Bexar County and surrounding counites have different tax rates and many areas in San Antonio are actually outside the city and therefore have less taxes. Why this is important is your taxes play into what is your PITI (Prinicple, Interest, Taxes, and Insurance). Even your Insurance can be affected by city and counties, but not as much. Unless you are putting down 20% on your home, you must escrow your taxes and insurance and therefore this is including in your payments every month.
That being said, if I as a Realtor, knew what are of town you were interested in that would help get us started. I would then let the lender you selected (I have numerous ones I can recommend if you don't have one) know the area and we (the lender and I) could come up with a price range for you. We (you and I) could then set up home searches in MLS for you and send you homes only matching that price range as well as your specific criteria.
So as you can see it isn't as easy as just giving you a range and that is why some gave you a range of $150K and some in the $200K range. They may not be wrong as it all depends on where you live. However, depending on interest rates, I do think $200K range is a stretch. The $150K range is more likely.
Please feel free to call me and I would be happy to help with referrals or as a Realtor. If you have any questions at all, please don't hesitate to ask.
Terri Saari, RealtorÂ®
GRI, CNE, SFR, e-Pro, ABR, AHLS, CHMS, CNHS
Certified Relocation Specialist
Retired United States Air Force
Kimberly Howell Properties
21252 Gathering Oak, Ste 100, San Antonio TX 78260
Texas' FIVE STAR Realtor 2012 and 2011 as seen in Texas Monthly
Platinum Top 50 Award Winner 2011
Texas Law requires all Real Estate Licensees to give the following information about brokerage services: Please click or cut and paste this URL into your browser Http://www.trec.state.tx.us/pdf/contracts/OP-K.pdf
Lynn911 Dallas Realtor & Consultant, Credit Repair Advisor
Multimillion Dollar Sales Producer
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Without considering interest or taxes, we are looking at a stretched price range of $225,000 to $250,000. Feel free to contact me anytime. I am glad to be of SERVICE!
19210 Huebner Rd Ste 205
San Antonio, TX 78258
The bottom line is that the first answer is correct - it's best to first see what you qualify for and what interest rate you can obtain. To do this, I recommend you contact Lisa Warren at SWBC Mortgage. She can let you know where you stand financing wise and see where you are credit wise. And it won't cost you a penny. Here is her contact info:
Senior Mortgage Banker - SWBC Mortgage
8400 Blanco Rd, Ste 100
San Antonio, TX 78216
She is super easy to work with. Let her know Darrell recommended her and whenever you are set to start your house hunting, I'll be glad to assist. Good Luck!
Darrell D. Drouillard
Home Team of America
16719 Huebner Rd., Bldg 4
San Antonio, Texas 78248
'Serving all Your Real Estate Needs'
I can provide you with the contact information of great loan officers I work with and trust. Of course, if you are looking for an experienced agent, look no further. Just give me a call or e-mail me.
Joyce Klein Realtors
The monthly payment will depend on several factors including the tax rate for that home and the loan program you use. It's always a great idea to start off with a lender and see what the payments will be for you and your situation. From there you can determine your buying power. I have a lender I can refer to you if you like.
Also, if you are ready to start your search today you can visit http://laughyrealtygrouptx.com/property-search/.
What we tell you may change when you try to get the mortgage for that house. Real Estate starts with the financing first truth be told.
Chris Hutchinson Real Estate
The Michael Group