Dallas-based Mortgage Company Prepares for Summer of Sizzling Hot Business
Based on recent signs, TexasLending.com, a major Dallas mortgage company, and Consumers’ Choice Award recipient, anticipates a boom time for new home mortgages this summer. The leading indicator is the prevailing lack of inventory in the marketplace.
Dallas-Ft. Worth, Texas (PRWEB) May 15, 2013
The summer home-buying and home-selling season is almost here, and across the nation sales appear to be heating up. In Dallas, TexasLending.com, a multiple year winner of the Consumers’ Choice Award for customer service, has seen this positive trend build in the last few weeks. Kevin Miller, President of TexasLending.com, is also seeing some other types of promising indicators. For example, real estate agents they work with have been increasingly busy. And for the first time in years, they’ve seen some serious competition for homes in certain neighborhoods.
According to the Wall Street Journal: “In a reversal from just two years ago, the biggest challenge facing housing markets today is too few homes being offered for sale, according to industry executives. The lack of supply is fueling activities that are reminiscent of the housing boom of the past decade: bidding wars, lotteries to purchase new homes and home flipping.”
In order to move quickly and take advantage of the opportunity to get that home you really want, it is wise to seek advice from a mortgage professional. In order to make sure you qualify before you sign a contract be prepared for these 3 top priorities; 1. To have your credit report pulled, with your mid score at least in the mid 600s. Generally speaking, the higher your score, the lower your interest rate will be. 2. To verify employment, and 3. To submit tax returns for the last two years. Of course everyone’s circumstance is different so consumers need to be prepared to provide other documentation as requested.
If you are selling your current home, TexasLending.com suggests the following tips to help get the price you need and reduce the time on the market: Tip 1. This is a great time of year to spruce up your landscape in the front of your home for curb appeal with a well-trimmed yard and some colorful annuals. Tip 2. Reduce clutter inside and make it as bright, clean and airy as possible. Tip 3. Do those little fix up chores you may have been putting off so you can pass the necessary inspection. Tip 4. Fresh paint always helps.
For more information about home mortgages, contact: Gary A. Miller Manager, Client Services Direct: 214-593-9947 X 542 gmiller(at)TexasLending(dot)com
4100 Alpha Road Suite 400
Dallas, Texas 75244