Karen Weger

Price Reduced on 1640 Hedgestone in Lakewood Hills

2009-05-18T01:23:00Z

Lakewood Hills, Canyon Lake - Announcing a price reduction on 1640 Hedgestone, a 1,889 sq. ft., 2 bath, 3 bdrm single story "Lake view. near Lake. ". Now MLS® $189000 - Walk to the Lake.

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Price Reduced on 1591 Greenhill in Canyon Lake Hills

2009-04-28T14:41:00Z

Canyon Lake Hills, Canyon Lake - Announcing a price reduction on 1591 Greenhill, a 1,040 sq. ft., 2 bath, 2 bdrm single story "Lake house, near lake & park". Now MLS® $114900 - Great price near lake.

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Price Reduced on 132 Cactus Breeze in River Chase 5

2009-01-17T17:26:00Z

River Chase 5, New Braunfels - Announcing a price reduction on 132 Cactus Breeze, a 2,239 sq. ft., 3 bath, 4 bdrm single story "4BR+office, 3 baths". Now $340,000 - Priced right..

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Times have changed, new legitimate opportunity for investors, owner financing

2009-01-05T20:50:00Z

As everyone has heard the mortgage companies have tightened their lending requirements. This latest has made it very difficult for the self employed or business owners to get home financing. These are all the folks in the community you may work with, your realtors, building contractors, store owners, landscaping companies, etc.....

In the past a lot of investors bought rental homes as investments. This brings with it the hassle of the property perhaps sitting vacant between tenants, the upkeep, the taxes, insurance, etc.....

An alternative would be to purchase homes and owner finance to these business owners and self employed. I myself used bank statements last time to prove income. No longer allowed. Most have good credit scores, you could set your standards. You collect the down payment, you have them pay the taxes and insurance all the while collect an interest rate between 6-8%. That is not a bad return. The rental homes in San Antonio for a while were seeing approximately 10% increase in equity each year, but then you had the cost of upkeep, insurance and taxes, etc....Then the cost to sell again.

What happens if they default? You keep the down payment and sell it again. A substancial down payment would be more than a one month deposit on a rental home and a lot less risky as most will probably not default.

In the past I have worked with folks on both sides of this as the realtor. I have these buyers waiting. An investor says yes, they will invest in a home in specific area, price range etc...I then take the buyer out to choose a home within that scope. You can also do this as a one time close saving money on closing costs.

Usually these notes are ammortized for 30 years to make the payments affordable. However you can ask for the note to be balooned if you wish to get your money back in 3-5 years or so. At 3 years the note holder has paid very little principle. So you would have made a lot of interest and they still owe close to what they paid. Which is typical when borrowing from any lender.

Everyone wins.

If you or someone you know would like to invest like this or something similar please contact me. If you are a business owner self employed buyer let me put you on our list.

We must think outside the box these days for ways to make our money work harder. Seems some of the past investments are not profitable any longer.

Also if you are wanting to sell a home and owe nothing and own it outright, this could be the upper edge you could have to make your home more attractive to more buyers.

Contact me today.

karenweger@gmail.com

Price Reduced on Lot 927 Green hill in Canyon Lake Hills

2009-01-04T16:35:00Z

Canyon Lake Hills, Canyon Lake - Announcing a price reduction on Lot 927 Green hill, a lot / land "Canyon Lake Hills Lot". Now MLS® $6,500 - Reduced!.

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Rent/Lease Reduced on 2112 Dorman in Avery Park

2008-12-21T20:48:00Z

Avery Park, New Braunfels - Announcing a rent/lease reduction on 2112 Dorman, a 1,500 sq. ft., 2 bath, 3 bdrm single story "Lease with option to buy, brand new home". Now MLS® $1,050 Monthly - Great buy, must sell.

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Rent/Lease Reduced on 1020 Ponderosa in Little Ponderosa

2008-11-06T15:41:00Z

Little Ponderosa, Canyon Lake - Announcing a rent/lease reduction on 1020 Ponderosa, a 1,422 sq. ft., 2 bath, 2 bdrm single story "Guadulupe River Front Vacation Home, great view". Now $150 USD Monthly - $150 night.

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620 Country Pike in Tranquility Park

2008-10-17T23:48:00Z

Tranquility Park, Canyon Lake - 620 Country Pike, a 3,776 sq. ft., 2 bath, 3 bdrm 2 story "Ranch House on 5 acres, garage apt. ". Now MLS® $535,000 - Ranch home.

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New FHA Guidelines beginning Oct. 1st???

2008-09-30T14:40:00Z

I just heard an economist say on Fox News channel that the only way a person will be able to get a Home Mortgage is with excellent credit and 10-20% down.

I thought we had a new FHA loan program starting on October 1st allowing a 3.5% down payment and a tax credit.

Rent/Lease Reduced on 2233 Lakeline in Avery Park

2008-08-02T18:25:00Z

Avery Park, New Braunfels - Announcing a rent/lease reduction on 2233 Lakeline, a 2,152 sq. ft., 2 bath, 4 bdrm 2 story "Brand new home for lease, 1st option ". Now $1,500 USD Monthly - Monthly.

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Price Reduced on 464 Deer Valley in Canyon Lake MH Estates

2008-04-24T22:14:00Z

Canyon Lake MH Estates, Canyon Lake - Announcing a price reduction on 464 Deer Valley, a 900 sq. ft., 1 bath, 2 bdrm single story "home on 2 lots ". Now MLS® $82,500 - includes additional lot.

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Visit and view Canyon Lake,TX Area Properties, get free $50 gas card

2008-03-09T18:48:00Z

With the recent rise in gasoline prices we wanted to help. This Spring Sunset Canyon Realty is offering their clients a $50 gas gift card to come visit and allow their friendly, professional and knowledgeable agents to show you homes of interest. They can show all homes listed in the Texas Hill Country and Canyon Lake, TX area. Members of two MLS and board of Realtors, they have access to all properties.

We feel it is worth the drive to view the beautiful Texas Hill Country and blue green clear water of Canyon Lake and Guadalupe River. Real Estate prices are still very reasonable in Central Texas compared to other areas with similar beauty. Low cost of living and friendly folks is an added bonus.

Real Estate Market is healthy. Many homes and properties selling and new listings daily provide a great balance.

All we need from you is your time, a pre-qualification letter from your lender. If you do not have a lender we can introduce you to one from our prefered lender list. All offer free pre-qualification and can do that by phone or e-mail. Despite recent conflicts and stories about lending, there are still 100% fianancing packages, VA, FHA, and many more loans to choose from.

Please visit our web site for contact information and to view great properties. We look forward to seeing you soon.

www.cityandlakehomes.com

Price Reduced on 651 Hancock in Hancock Oaks

2008-03-06T17:11:00Z

Hancock Oaks, Canyon Lake - Announcing a price reduction on 651 Hancock, a 2 bath, 2 bdrm single story "Renovated, furnished, 1/2 acre, near lake Reduced!". Now MLS® $163,500 - Renovated Beauty.

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Single Story For Sale in Rocky Creek

2008-02-23T14:17:00Z

• 1,426 sq. ft., 2 bath, 3 bdrm single story "Brand new hill country home near lake" - MLS® $144,900 - Brand new home

Rocky Creek, Canyon Lake - Nestled in Texas Hill Country, brand new home, open & bright. Tile floors, Fireplace, over 1/2 acre, master bed w/huge walk in closet, tile in baths, tile countertops in kitchen, nice cabinets & appliances, large inside utility, drive to back door for entry, near lake & parks, schools & shopping, secluded enough to enjoy sitting on your front porch enjoying evening shade & quiet. EZ maintenance.

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Price Reduced on 728 Lasso Loop in Rocky Creek

2008-02-23T14:17:00Z

Rocky Creek, Canyon Lake - Announcing a price reduction on 728 Lasso Loop, a 1,426 sq. ft., 2 bath, 3 bdrm single story "Brand new hill country home near lake". Now MLS® $144,900 - Brand new home.

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