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Austin Texas 1031 Exchange company

When property is sold, the seller pays tax on any gain or deducts a loss. Section 1031 of the tax code gives taxpayers an opportunity to defer any gain on the sale of qualified property. 
Most exchanges are completed through an intermediary (such as 1031 Exchange Corporation).  The IRS has published rules (safe harbor rules)  [...]

Posted in Financial planning begins with the right mortgage on November 29th, 2007
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Citysearch.com #1 rated Texas Mortgage Broker

From time to time our clients honor us with their referrals and recommendations.    There are lots of mortgage people in Austin, we just do business a little differently 
 http://austin.citysearch.com/yellowpages/results/Austin_TX/page1.html?gcats=100&cats=300&sorted=csrating

Posted in Mortgage News on November 25th, 2007
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Refinancing your home loan in Texas (Home equity HELOC)

Refinancing your home loan in Texas, especially cash out (home equity) refinances,  is harder than in other states.  For example, when doing a Texas cash out refinance (home equity loan) there are several legal limitations:
1) The total fees can exceed 3% of the loan amount.   This rule makes it harder to do smaller loan refinances.  For example, if [...]

Posted in Getting out of Debt on November 25th, 2007
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Got a low mortgage rate, it’s still a compound interest loan

Mortgage:  The word “mortgage” is from the Latin word mori (via old french mort) for death and -gage is from the sense of that word meaning a pledge to forfeit something of value if a debt is not repaid. So mortgage is literally a death pledge. —
 Not if I have anything to do with [...]

Posted in Financial planning begins with the right mortgage on November 24th, 2007
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