Archive for June, 2010
Patriotic Banking
Recently I have been asking my friends where they do their banking. The majority respond with names of the Mega Banks. Then I go into my mini-teaching moment and ask them what exactly does their Mega Bank do for them and do for America. And of course, the answer is – NOTHING! Americans have some [...]
An Investor Event / Open House July 7
Pride of Austin Capital Partners and Pride of Austin Homes are hosting an Investor Event on Wednesday July 7, 2010 from 6PM to 8PM at 810 Christopher Austin 78704. Pride of Austin Homes will be showcasing this newly completed custom home designed by Chase Dame and built for Dr. Phillip Caterbone. Pride of Austin Capital [...]
Update to Previous Post on Seller Financing
Texas Realtors are very concerned about the implementation of federal legislation known as the SAFE Act that would severely limit an individual’s ability to seller finance property in Texas. The Texas Association of Realtors are working on numerous regulatory and legislative solutions to this affront to private-property owners, and have some good news to report. [...]
Foreign National Owner Occupied Mortgages
Pride of Austin Capital Partners has added a loan program for foreign nationals who need a mortgage on an owner occupied property. These loans are limited to the Austin, San Antonio and Houston areas. Please call or email for details.
Are you aware of the changes in seller financing?
On May 31, 2010 a new Federal law went into effect that President Bush signed into law on July 30, 2008; the Secure and Fair Enforcement for Mortgage Licensing Act. If you are an investor that carries your own paper it is important that you are aware of how this law affects you. If you [...]
