March 19, 2017

How to lower your closing costs when purchasing a home..

Real Estate

There are many options for lowering your closing costs and/or down payment amount, but the first question you need to answer (or investigate) is what is your credit score? If there are imperfections on your credit report making it drastically lower than needed, I personally do not recommend hiring anyone but a lawyer to help remove things from your credit report. I can recommend a low cost and reputable law firm, if you need one. If you are only off by 10-20 points, most lenders can give you recommendations on how to bump it up and do a “rapid rescore” all in the same week. Below, I will break down the different types of loans options in relation to credit score.. FHA :: 3.5% Down (580 minimum credit score and less than $2000 in collections debt.) If you find your credit score at least a 560, you can probably repair it to meet the minimum 580 required to obtain an FHA loan. FHA loans require 3.5% down plus closing costs. USDA Loan :: 0% Down (620-640 minimum credit score and a income must fall between a bracket.) A USDA Home Loan is a 0% down loan from the USDA loan program, also known as […]

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by Jordan Marie Schilleci, Realtor®, Beth Ferester & Company
March 18, 2017

Closing Costs Incentive Program

Features/Real Estate

Do you know that your REALTOR® can help you with closing costs? I am doing just that for my clients with a new program I launched earlier this year. You can read about that program below.. The Sharing Pieces of My Pie Program.. Did you know, on average, the state of Texas has the highest cost of closing? I would love more than anything to assist my buyers by absorbing some of the costs, so I developed a program. With the Sharing Pieces of My Pie Program, the buyer has the ability to earn up to $1000* towards closing costs, by following the guidelines below.. If you sign a buyer-rep agreement within the first 5 days, which basically says “I work for you, and you work with me exclusively, or in laymen terms, ‘I am your REALTOR®.’”, then I will credit you $200 towards closing. If you get your preapproval letter with my preferred lender within the first 14 days, and you close with this lender, I will credit you $200 at closing. If your initial offer gets accepted, I will credit you $200 at closing. If you close within the first 60 days, I will credit you $200 at closing. If you purchase an […]

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by Jordan Marie Schilleci, Realtor®, Beth Ferester & Company
June 12, 2016

Seeking Sponsors for “Skate Night for a Cause”

Seeking

Hello Friends, Neighbors, and Community Members, Jordan here, and I wanted to reach out to all my Katy area businesses in hopes to find some more sponsors for our upcoming event on Wednesday, June 22nd, 2016. The event on the calendar for that date is Skate Night for a Cause. Skate Night for a Cause will be held at Kingdom & Wheels from 5 PM – 8 PM. The address is 25757 Westheimer Pkwy #190, Katy, TX 77494. Tickets are available for reservation until we run out. There will be three evening skate times: 5 – 5:45, 6 – 6:45, and 7:00 – 7:45. The event is open to children entering K through 8th grade. Families are encouraged to attend. There will be two food trucks parked out front (Piggy Pibil & The Lucky Fig), as well as pizza available inside. There will be a photographer photographing the event and an artist painting faces. The whole evening will be donation driven. For each reserved skate ticket, we request you bring a backpack with a note of encouragement. Backpacks can be purchased anywhere, and are available through Amazon, Target, and Walmart. If you forget to bring your backpack, a 10 cash donation will […]

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by Jordan Marie Schilleci, Realtor®, Beth Ferester & Company
May 29, 2016

Skate Night for a Cause

For A Cause

Date: Wednesday, June 22nd, 2016 Time: 5 PM – 8 PM For a Cause: YMCA Operation Backpack Where: Kingdom & Wheels 25757 Westheimer Pkwy #190, Katy, TX 77494 Details: Skate Night for a Cause tickets are free and can be reserved for children aged 5 to 13 years old. This event is donation and school supply driven, so we do ask that you bring a backpack and/or school supplies. To learn more about what is needed follow this school supply list link. We ask that you please take the time to handwrite one note of encouragement for each backpack. The main goal and purpose of June’s drive is to collect backpacks. In July another fundraiser will take place to collect school supplies. (If you forget your backpack, a $10 cash donation will suffice, and will be used to purchase a backpack after the event.) Food Trucks: The food trucks of the evening will be Piggy Pibil [link] and The Lucky Fig [link]. Fundraiser T-shirt: Preorder your event t-shirt. All proceeds from the sell of these t-shirts go directly to the cause! [link] Giveaways: For every backpack that is donated, you will receive one raffle ticket. Prizes have been donated by our sponsors. For […]

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by Jordan Marie Schilleci, Realtor®, Beth Ferester & Company