Weekly Motivational

Good morning to all!

I hope you had a great yet relaxing weekend. Here is something that will help you this morning and last you for a long time to come. Please feel free to share this with others as well.

"I am the true vine, and my Father is the gardener. He cuts off every branch in me that bears no fruit, while every branch that does bear fruit he prunes so that it will be even more fruitful. You are already clean because of the word I have spoken to you. Remain in me, and I will remain in you. No branch can bear fruit by itself; it must remain in the vine. Neither can you bear fruit unless you remain in me."

John 15:1 - 15:4


What are you still waiting for? Let me get your home SOLD!!!


Want to get your property listed For Sale? Give me a call, e-mail me or click on the link to the left for a free market analysis.

I look forward to exceeding your service expectations in 2010.

So before you call other La Marque Realtors or Texas City Realtors give me a call and lets talk!

Your Neighbor,

Brian Taylor

(832)722-1756
brian.taylor@garygreene.com

Prudential Gary Greene Realtors- Friendswood
Prudential Relocation Certified Inventory Agent
Prudential Relocation Certified Marketing Agent
Prudential Relocation Certified Destination Agent
Freddie Mac Foreclosure Specialist
Quality Service Certified Agent
Multi-Million Dollar Producer

Winner of CBU International Sterling Society Award 2008
Winner of CBU International Diamond Society Award 2008
Ranked in Top 100 Listing Agents CB United -Texas 2008
Member of the Million Dollar Month Club-2007, 2008

The Skinny on the Short Sale

Good afternoon Amburn Oaks,


Here is an article that talks about another option instead of foreclosure. If done correctly it can be a good solution for all parties.
.There are many flavors of compromise you can strike with your lender if you are facing foreclosure. One of the toughest to execute is the short sale.



What Is a "Short Sale"?

The title "short sale" is somewhat misleading; many assume that "short" means quick, implying a transaction that has a short escrow period. Au contraire. A short sale refers to a homeowner's sale of their home for a net sales price (after commissions, closing costs, etc.) that is less than what the homeowner owes their mortgage lender(s).



Why Is a Short Sale Desirable?

A short sale is an alternative to foreclosure. A short sale prevents you from having to go through the foreclosure and eviction. A short sale does make a smudge on your credit report but is much less traumatic to your credit than foreclosure.



What Makes a Short Sale Hard to Complete?

Because a short sale results in the lender losing (a) funds they are owed and (b) the property which secured the mortgage loan, these transactions must be done with the full participation and agreement of the homeowner's lender(s).

By Tara-Nicholle Nelson, Esq., FrontDoor.com




Published: 2/01/2008


For more information on this process give me a call or email me at brian.taylor@garygreene.com


 What are you still waiting for? Let me get your home SOLD!!!


Want to get your property listed For Sale? Give me a call, e-mail me or click on the link to the left for a free market analysis.

I look forward to exceeding your service expectations in 2010.

So before you call other La Marque Realtors or Texas City Realtors give me a call and lets talk!



Your Neighbor,

Brian Taylor

(832)722-1756

Prudential Gary Greene Realtors- Friendswood
Prudential Relocation Certified Inventory Agent
Prudential Relocation Certified Marketing Agent
Prudential Relocation Certified Destination Agent
Freddie Mac Foreclosure Specialist
Quality Service Certified Agent
Multi-Million Dollar Producer


Winner of CBU International Sterling Society Award 2008
Winner of CBU International Diamond Society Award 2008
Ranked in Top 100 Listing Agents CB United -Texas 2008
Member of the Million Dollar Month Club-2007, 2008

Weekly Motivational

Good morning Amburn Oaks,

I want you all to have a great day that leads into a fantastic week. So without further delay here is your weekly motivational.

" So don't worry about tomorrow, for tomorrow will bring it's own worries. Today's trouble is enough for today."

The Book of Matthew


What are you still waiting for? Let me get your home SOLD!!!


Want to get your property listed For Sale? Give me a call, e-mail me or click on the link to the left for a free market analysis.

I look forward to exceeding your service expectations in 2010.

So before you call other La Marque Realtors or Texas City Realtors give me a call and lets talk!

Your Neighbor,

Brian Taylor

(832)722-1756

Prudential Gary Greene Realtors- Friendswood
Prudential Relocation Certified Inventory Agent
Prudential Relocation Certified Marketing Agent
Prudential Relocation Certified Destination Agent
Freddie Mac Foreclosure Specialist
Quality Service Certified Agent
Multi-Million Dollar Producer

Winner of CBU International Sterling Society Award 2008
Winner of CBU International Diamond Society Award 2008
Ranked in Top 100 Listing Agents CB United -Texas 2008
Member of the Million Dollar Month Club-2007, 2008

Daily Rate Lock

Friday's bond market has opened flat even though the stock markets are posting another round of losses. The Dow is following yesterday's 144 point drop with a 74 point loss during early trading. The Nasdaq is currently down 8 points after losing almost 37 points yesterday. The bond market is currently nearly unchanged from yesterday's close, which should keep this morning's mortgage rates close to yesterday's levels.


There is no relevant economic data or related events scheduled today. As we have seen a couple days this week, the bond market and mortgage rates will likely be left up to the direction of stocks. If stocks move higher, bonds will likely weaken, leading to slightly higher mortgage rates this afternoon. However, more stock selling could translate into lower mortgage pricing.

The bond market has put together another rally recently, pushing the benchmark 10-year Treasury Note yield down to 2.57%. While this is good news for mortgage pricing because yields and mortgage rates move in the same direction, I would like to see some stabilization at this level before moving any lower. Rates tend to spike higher much quicker than they drop and often come as a complete surprise. Unless we have some time elapse with yields in this area, I fear that we could see profit-profit taking or a reversal at anytime that would lead to yields and mortgage rates spiking higher. Therefore, I am recommending extreme caution if still floating an interest rate and closing on a loan in the near future.

That doesn't mean that I believe mortgage rates have bottomed-out. It simply means that too much, too quickly isn't necessarily good for the longer-term picture. With some stabilization at this level, we can establish a trading range that will allow us to spot red flags or warning signs before rates begin to move higher. Until then, please be careful if playing the floating game with your interest rate.

Next week brings us the release of a handful of economic reports along with a couple relevant Treasury auctions, none of which come Monday. That can be labeled a pretty busy week, but I don't think it will be much more active than this week was. Look for details on next week's events in Sunday's weekly preview.

If I were considering financing/refinancing a home, I would.... Lock if my closing was taking place within 7 days... Lock if my closing was taking place between 8 and 20 days... Lock if my closing was taking place between 21 and 60 days... Float if my closing was taking place over 60 days from now... This is only my opinion of what I would do if I were financing a home. It is only an opinion and cannot be guaranteed to be in the best interest of all/any other borrowers.


©Mortgage Commentary 2010


What are you still waiting for? Let me get your home SOLD!!!


Want to get your property listed For Sale? Give me a call, e-mail me or click on the link to the left for a free market analysis.

I look forward to exceeding your service expectations in 2010.

So before you call other La Marque Realtors or Texas City Realtors give me a call and lets talk!

Your Neighbor,

Brian Taylor

(832)722-1756


Prudential Gary Greene Realtors- Friendswood
Prudential Relocation Certified Inventory Agent
Prudential Relocation Certified Marketing Agent
Prudential Relocation Certified Destination Agent
Freddie Mac Foreclosure Specialist
Quality Service Certified Agent
Multi-Million Dollar Producer

Winner of CBU International Sterling Society Award 2008
Winner of CBU International Diamond Society Award 2008
Ranked in Top 100 Listing Agents CB United -Texas 2008
Member of the Million Dollar Month Club-2007, 2008

JUST LISTED!!!!

JUST LISTED!!!!

3610 Whitestone Dr

MLS # 91084555

Being Offered at $144,900

Buyer Alert!!! You must see this spacious 1847sq.ft. one story brick home convienently located in Pearland. The home features beautiful wood flooring, high ceilings, breakfast bar and views from the kitchen to the den. Enjoy coffee at the table in your breakfast room w/tons of natural light and views outside. All appliance stay with this home making it move in ready!!! No thru traffic on this street. Hurry and make your appointment to view it today!

What are you still waiting for? Let me get your home SOLD!!!


Want to get your property listed For Sale? Give me a call, e-mail me or click on the link to the left for a free market analysis.

I look forward to exceeding your service expectations in 2010.

So before you call other La Marque Realtors or Texas City Realtors give me a call and lets talk!


Your Neighbor,

Brian Taylor

(832)722-1756


Prudential Gary Greene Realtors- Friendswood
Prudential Relocation Certified Inventory Agent
Prudential Relocation Certified Marketing Agent
Prudential Relocation Certified Destination Agent
Freddie Mac Foreclosure Specialist
Quality Service Certified Agent
Multi-Million Dollar Producer

Winner of CBU International Sterling Society Award 2008
Winner of CBU International Diamond Society Award 2008
Ranked in Top 100 Listing Agents CB United -Texas 2008
Member of the Million Dollar Month Club-2007, 2008

JUST LISTED!!!

318 Golden Oak Dr.

JUST LISTED!!!!!
MLS# 91212737
Being Offered at $129,000

This is a well kept 3bed/2bath all brick home.This home has one of the few 3 car garages in the subdivision & does have remote door opener. The living area is open to the kitchen & dining room which makes it great for entertaining. The master bedroom has plenty of room for any large pieces of furniture.
Be sure to check back soon for a video tour of the home!



What are you still waiting for? Let me get your home SOLD!!!


Want to get your property listed For Sale? Give me a call, e-mail me or click on the link to the left for a free market analysis.

I look forward to exceeding your service expectations in 2010.

So before you call other La Marque Realtors or Texas City Realtors give me a call and lets talk!

Your Neighbor,

Brian Taylor


(832)722-1756

Prudential Gary Greene Realtors- Friendswood
Prudential Relocation Certified Inventory Agent
Prudential Relocation Certified Marketing Agent
Prudential Relocation Certified Destination Agent
Freddie Mac Foreclosure Specialist
Quality Service Certified Agent
Multi-Million Dollar Producer

Winner of CBU International Sterling Society Award 2008
Winner of CBU International Diamond Society Award 2008
Ranked in Top 100 Listing Agents CB United -Texas 2008
Member of the Million Dollar Month Club-2007, 2008

COMING SOON TO THE MARKET!!!

What are you still waiting for? Let me get your home SOLD!!!

Want to get your property listed For Sale? Give me a call, e-mail me or click on the link to the left for a free market analysis.

I look forward to exceeding your service expectations in 2010.

So before you call other La Marque Realtors or Texas City Realtors give me a call and lets talk!


Your Neighbor,

Brian Taylor
(832)722-1756

Prudential Gary Greene Realtors- Friendswood
Prudential Relocation Certified Inventory Agent
Prudential Relocation Certified Marketing Agent
Prudential Relocation Certified Destination Agent
Quality Service Certified Agent
Multi-Million Dollar Producer


Winner of CBU International Sterling Society Award 2008
Winner of CBU International Diamond Society Award 2008
Ranked in Top 100 Listing Agents CB United -Texas 2008
Member of the Million Dollar Month Club-2007, 2008

Vacant Homes Pose Insurance Risks

RISMEDIA, August 4, 2010--As the U.S. housing market struggles to rebound, many homeowners are stuck with hard-to-sell properties longer than expected. Some frustrated home sellers who must relocate for a new job opportunity, want to downsize or simply want to buy a new place have left homes empty. Vacant or unoccupied homes can leave the homeowner exposed to loss and liability that may not be covered by their insurance, according to the National Association of Insurance Commissioners (NAIC).



The Pending Home Sales Index, released today by the National Association of Realtors, dropped 2.6 percent to 75.7 based on contracts signed in June from 77.7 in May, and is 18.6 percent below June 2009 - another sign of the stagnant housing market.



"In many cases, people who have been trying to sell their homes for awhile have moved forward with their plans regardless, leaving a vacant home on the market," said NAIC President and West Virginia Insurance Commissioner Jane L. Cline. "Having an unoccupied home can create several insurance implications that typically are not covered under a standard homeowners policy."



The Added Risks of Vacant Homes

Homeowners policies are meant to insure homes that are occupied, so they generally include exclusions for neglect or property abandonment on a home left vacant or unoccupied for a specified number of consecutive days.



In insurance terms, a vacant home is one the resident has moved out of and taken his/her belongings with him/her. An unoccupied home is one where the resident is not staying at the home, but the furniture and other belongings remain.



Because vacant and unoccupied homes pose a higher risk for damage than occupied homes, insurance companies insure these properties differently and usually at a higher price. These risks include:



-- Break-ins: When a home has been unoccupied for awhile, it can show signs that nobody is around - unkempt lawn, full mailbox, no lights on - that can tip off burglars to an easy target.



-- No emergency response: Without anyone home to call 911 or respond to emergencies, a manageable problem - such as a small electrical fire - can turn into a much larger, more costly disaster.



-- Property liability: There is no one present to prevent others from entering the property or to supervise activity, which could increase the likeliness of an accident on the premises or property damage when the owner is not there.



Keeping A Vacant Home Properly Insured

The definition of vacancy and unoccupancy can vary from policy to policy. Some insurers may not pay claims if a home is vacant for 60 days or more. Some policies might automatically shift to a different amount of coverage (e.g. liability insurance only) after a specific number of days unoccupied.



Many homeowners policies have a "vacancy clause" that can be triggered if the homeowner is gone for an extended period of time. If this happens, the homeowner could violate the terms of their contract and some or all of their coverage may not apply in the event of a loss.



"Before you decide to leave a home vacant or unoccupied for a long period of time, talk to your insurance agent or company to learn how they define vacancy and unoccupancy, and whether the company will pay claims if a house is unoccupied," said Cline. "Be honest about your situation, because while an extra policy might cost more, it could save you money down the road should there be an accident or damage to the home."



Many insurance companies offer an endorsement that will provide coverage for a dwelling that is unoccupied for an extended period of time. Vacancy policies can also be purchased for different term lengths to cover a few months to a year, depending on the need.



The cost of vacancy coverage depends on the company and state in which the property is located, but costs usually are higher than a typical homeowners policy due to the overall increase in risk.


www.HeritageParkFriendswood4Sale.com


What are you still waiting for? Let me get your home SOLD!!!



Want to get your property listed For Sale? Give me a call, e-mail me or click on the link to the left for a free market analysis.



I look forward to exceeding your service expectations in 2010.



So before you call other La Marque Realtors or Texas City Realtors give me a call and lets talk!



Your Neighbor,

Brian Taylor


(832)722-1756



Prudential Gary Greene Realtors- Friendswood


Prudential Relocation Certified Inventory Agent


Prudential Relocation Certified Marketing Agent


Prudential Relocation Certified Destination Agent


Quality Service Certified Agent


Multi-Million Dollar Producer



Winner of CBU International Sterling Society Award 2008


Winner of CBU International Diamond Society Award 2008


Ranked in Top 100 Listing Agents CB United -Texas 2008


Member of the Million Dollar Month Club-2007, 2008

FHA Loan Update

Here is very important information for all of the buyers and sellers out there in todays market.

The information is provided by one of the members of my real estate team and one of the best lenders out there today, Jason Holter.

FHA Loan Update

Looks like the date will be Sept 7th. This will be the day the mortgage insurance premiums will be going up. The up front may decrease a bit.

In order to get the lower monthly mortgage insurance, we will need to pull the case numbers prior to September 7th. We will need an executed contract to do so.

I will be sending out the mortgagee letter when it becomes available with the new premiums.

Thank you for the business,

Jason Holter

ProLending Mortgage - A branch of NTFN

1560 Live Oak Ste. D

Webster, TX 77598

work 281 557 3700

fax 832 213 0362

visit the NEW Heritage Park real estate website. You can find this type of helpful information right at your fingertips.

www.HeritageParkFriendswood4Sale.com


What are you still waiting for? Let me get your home SOLD!!!

Want to get your property listed For Sale? Give me a call, e-mail me or click on the link to the left for a free market analysis.

I look forward to exceeding your service expectations in 2010.

So before you call other La Marque Realtors or Texas City Realtors give me a call and lets talk!

Your Neighbor,

Brian Taylor
(832)722-1756

Prudential Gary Greene Realtors- Friendswood
Prudential Relocation Certified Inventory Agent
Prudential Relocation Certified Marketing Agent
Prudential Relocation Certified Destination Agent
Quality Service Certified Agent
Multi-Million Dollar Producer

Winner of CBU International Sterling Society Award 2008
Winner of CBU International Diamond Society Award 2008
Ranked in Top 100 Listing Agents CB United -Texas 2008
Member of the Million Dollar Month Club-2007, 2008