Things To Do In Marble Falls and Horseshoe Bay!
There is so much to do in the Marble Falls and Horseshoe Bay area you can stay busy 365 days a year if you want to! Enjoying the water sports, golf and other outdoor recreational activities is the main form of pleasure out here in this beautiful Hill Country, but we are also located near Austin. As you probably know, Austin is a cultural and musical center for Texas. From the Arts and Entertainment to fabulous shopping and dining,there is something for everyone. And don't forget all the sports and recreation possibilities too! To enjoy an overview of just a few of the many activities this region has to offer feel free to visit the websites featured on this page. Request my Free Relocation Package. It's packed full of useful and important information. Don't move here without it! Remember: I'll send it to you for free and without obligation. Just fill out the form and I will send it right out...
 
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First Time Buyers >The Seller May Pay
The costs of buying a home may be daunting. For example, you may have finally saved enough for a down payment on your first home, with a little left over to buy the furniture you will need. Then you hear about having to pay closing costs you weren't anticipating, and this may seem like a real setback.
One way to cover such a shortage is to make the sellers an offer that calls for them to credit you for some of the closing costs. As a rule, the sellers may pay a maximum of 3 percent of the sales price if the buyer is putting five percent down. If the buyer is making a down payment of 10 percent or more, the seller can contribute up to 6 percent of the sales price to cover the buyer's closing costs. Some items, such as prepaid taxes and the first month's mortgage payment, must be paid by the buyers. Sellers may also contribute to paying the appraisal, points, title insurance, settlement attorney fees, state or local transfer taxes and similar items.
Keep in mind that if the credit is included in the price of the house, the appraiser will have to justify the amount, based on sales prices of similar homes in the neighborhood.
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| Q |
Who is "Freddie Mac", and why is he a big name in real estate?
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| A |
"Freddie Mac" is the nickname for FHLMC, the Federal Home Loan Mortgage Corporation, which buys mortgages from lending agencies, thus allowing lenders to continually replenish funds for new mortgage loans. |
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