About Kendall County, TX

MARKET DATA FOR COMFORT TEXAS: February was a good month!

March 6th, 2009 categories: Assessing the Local Market

Real estate sales in Comfort, Texas during February were stronger than last year’s figures. There were 3 sales totaling just under $1.4 million which compares with 6 sales totaling just under $1.2 million during February 2008.

Two of the 3 sales were properties greater than 25 acres. In a rural area such as Comfort, properties with large acreages generally make up a large portion of the overall sales figures. Hopefully last month’s results indicates a change in the trend as sales of large acreages were off during most of 2008.

We are generally optimistic about Comfort for 2009. Several new “tourist destinations” are expected to make their home in the Comfort area … which should help the overall economy and the appeal of the area. Also, we believe the trend toward “small town” living will continue. Many people believe that Comfort is the first “true” small town in the Hill Country outside of San Antonio … so it has great appeal to those looking for that quaint, “All American”, small town feel.

The Hill Country is a great place to live … So, if Comfort is what you’re looking for, give us a call. We’d love to help you find your “Hill Country Dream Home.”

PRICEY HOME SALES IN BOERNE CONTRIBUTED TO STELLAR SALES FIGURES FOR JANUARY & FEBRUARY

March 5th, 2009 categories: Assessing the Local Market

Four home sales totaling $7.1 Million contributed to better than average sales figures for the Boerne area during the months of January and February. One might actually use the word, “STELLAR” if comparing these statistics with the national market .

All in all, there were a total of 40 sales that amounted to $17 Million during the months of January and February as compared with 59 sales totalling $18.7 Million during the same time period the previous year.

Based on these figures, it appears that the Boerne market may be on the road to recovery. Good news for anyone that has been sitting on the fence waiting for the market to recover before placing their home on the market. If that’s you, give us a call and we’d be happy to give you a free market analysis for your home.

And, if you are interested in buying in the Boerne area, we’d love to represent you. Our number is 830-995-2511.

Our encouragement to you in this market: Get good advice! Move in peace! Live in Freedom!

LOOKING FOR REHAB INVESTOR - $20K Cash + 680 Credit Score

March 5th, 2009 categories: Real Estate Resourcing

I picked up a brochure the other day from a mortgage company catering to Re-Hab Investors. The terms are as follows:

They will fund the purchase price, all rehab costs and closing costs SO LONG AS all of those costs don't exceed 75% of the final appraised value. There are 2 appraisals done - One at the Purchase and One at the time of the Take Out Loan.

Pre-qualification is for both the Re-Hab Loan and the Take-out Loan (permanent financing once repairs are done). To be eligible for the Re-Hab portion of the loan, you must have at least $20,000 in available cash assets and a 680 Credit Score. The Permanent Loan generally follows FNMA guidelines.

You are your own contractor and up to three draws can be taken during the 90 day Re-Hab period.

Obviously, I am not guaranteeing these terms as this is the information that I was told from the loan officer ... but thought I'd pass it on as good information. For more information, email and I will give you the referral.

We have a listing that would be great for this type of loan. To see it, Click Here.

Check these great links for BOERNE TX REAL ESTATE LISTINGS and BOERNE TX REAL ESTATE FOR SALE

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March 7, 14, 21, 28 Guided Tour at Honey Creek State National Area

March 7 Chuck Wagon Cook Off & Heritqage Gathering

March 10 Live Music at Boerne Public Library

March 12 Great Northwest Tasting, Limestone Grille, Boerne

March 13-15 Friends of the Library Book Sale, Kendall County Fair Grounds

March 14-15 Boerne Market Days, Boerne Plaza

March 14 2nd Saturday Art & Wine

March 18 4th Annual Spahetti Dinner, Omega Center Dining Room 216 W. Highland

Drive,Boerne, TX 4:00-7:00 p.m. for Tickets call 830-816-8504

March 21 Outdoor Famiy Fair, see flyer below for details.

March 22 King Estate Awesome Dinner #86, Limestone Grill

March 28 St. Peter Catholic Church 7th Annual Art Auction - Scholarshipo Fundraiser, $20 per

person or $35 per couple, call 830-336-2421

March 28 Boerne Expo