I can send you some lot listings that enable a moodular home. The utilities will come in to play though.
Fine Homes International
Prudential Don Johnson
18534 Fourty-Six Parkway Suite 1C
Spring Branch, TX 78070
Cell: (210) 325-1833
Bus: (830) 438-5540
Fax: (830) 438-6730
Texas Law requires all real estate licensees to give the following information about brokerage services:
Recommend to contact the tax office who are the experts for these types of questions.
Lynn911 Dallas Realtor & Consultant, Credit Repair Advisor
Multimillion Dollar Sales Producer
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Did you mean Cypress Lake Gardens? If so it is an older neighborhood that has some manufactured homes in it. The average lot is around .22 of an acre. ALthough there are some owners that have several lots owned to make a larger lot. I have HOA information if you need it? Before you consider any lot, make sure you research the neighborhood thuroughly. Get an agent that knows the area. Take care!... more
A short sale is a bit contrary to what it may sound to be. In fact, a Short Sale will typically take double or triple the time to close as a conventional sale of a home. To answer your question however, a Short Sale is an option a home owner would choose in lieu of having the bank foreclose on the property. A Short Sale usually begins by the home owner facing a loss of income that makes it difficult for them to keep up with the mortgage payments. In turn, the bank may offer a few solutions such as a forbearance (temporary suspension or reduction in payments) or a Loan Modification (their current interest rate may be lowered with an adjusted monthly payment). These options sometimes still fail to get the home owner at a comfortable monthly payment to where they are able to afford the mortgage and many times they breach the terms of the modification by sending payments late or not at all. Having no other solutions, they decide to contact a Realtor to try and sell the home in order to at least try and recoup some of their equity or at least break even and owe the bank nothing. Unfortunately with the market downturn, what many home owners find out is their property's market value is less than the payoff amount of their mortgage.
That's when the Realtor wisely suggests the home owner consider a Short Sale as an option to the homeowner to avoid foreclosure.
The gaining popularity of these types of sales was introduced in 2007 with the enactment of "The Mortgage Forgiveness Debt Relief Act" or HR3648
You can view the actual wording of this bill online via the Library of Congress website.
You can also view more about it via the IRS website.
In short, when home owners made any modifications on their loans that resulted in a loss to the bank or the home was foreclosed, the reality was that it would reflect as actual income to the home owner in the form of a 1099 making the home owner's tax liability quite a bit higher than what they actually earned from wages. The bill resolved that under many situations, this debt could be forgiven and the home owner/taxpayer would simply submit form 982 with their taxes to take advantage of this much needed bill.
So if "The Mortgage Forgiveness Debt Relief Act" forgives the debt whether the bank forecloses or the property is a Short Sale, why not just let the bank foreclose?
While a foreclosure and a short sale may in fact impact your credit score the same, the reality is that a Short Sale will almost always return a higher net to the the lender than a foreclosure (if you can get the bank to accept the Short Sale). This is important to mention because the home owner who does a Short Sale may be eligible to buy another home with an institutional loan backed by Fannie Mae or Freddie Mac much more quickly than a homeowner who allowed the bank to foreclose.
If you or anyone you know is thinking foreclosure is their only option, please make sure to contact us first. We have a great deal of experience in helping home owners avoid the stigma of foreclosures on their credit & they will never pay a commission or fee for our services.
Robert Regan, Realtor ®
R. K. Regan Team
HUD Registered & Approved Agent... more
When you pay cash, you really only have title company fees to pay. They are approx $600 on average. If you want to order a survey, then they are $350. If you want to purchase a home warranty, then that would be about another $350 (recommended). That's pretty much it. Please let me know if I can help you with your purchase!
Amber Carrillo, Broker/Owner
Txcountydata.com - This site is a comprehensive online source of property tax information for all Texas counties.
Just go here and put your county in http://www.txcountydata.com/selectCounty.asp . Then on the left side of the site type in your name or address and you will get the info you need.