Showing posts with label real-estate information. Show all posts
Showing posts with label real-estate information. Show all posts

Friday, March 7, 2014

Thank you Austin Business Journal for 2014 Residential Real Estate Awards luncheon.

Yesterday the Austin business journal held their annual Realtor recognition awards luncheon.

It was an honor to be selected as a finalist in the individual agents category. I want to congratulate all of my colleagues in Austin that were recognized for their hard work and contributions to the Austin real estate community.


I wish you all a successful 2014!

Sunday, February 16, 2014

More on what to do while in Austin. 2 Amazing resources for the residents and visitors of Austin. If you have not been you need to go.


 
 
 
 
 
 
 
 
 
 
Photos : Bob Kenney
 Source:http://www.veloway.com/
Developed in the area of Circle C just south of Slaughter Lane and East of MOPAC (1). Development at them time was controversial but many will agree that the additions of these 2 unique venues adds  to the Austin appeal of outdoor activity and the beauty of Central Texas native plants and landscapes.

History of the Veloway
The Veloway has controversial roots. 
One of Austin's prized natural features is a spring fed pool known as Barton Springs. Barton Springs is filled year round with almost unbearably cold water and has provided a much needed respite from our brutal summers for thousands of years. The watershed that feeds the aquifer that fills the Springs is a relatively attractive rolling land with small trees and brush. 
Only sparsely developed in the early 80's, the land in southwest Austin above the aquifer became the target of development, some chaotic and some well-planned. One of the best planned developments created during the boom years of the 80's was Circle C. The mastermind behind Circle C is Gary Bradley, who is either the devil incarnate or the most forward thinking community creator to ever live in Texas.
Jeff Latimer of Gus' Bike shop in New Hampshire recently emailed this interesting background on the Veloway's founding: 
"Back in the 80's I was a real estate broker working for First Austin Properties.  I was am also cyclist and today I own a bike shop in New Hampshire.  A friend of mine worked for Gary Bradley. She told me that Gary was interested in doing a bicycle project and wondered about building a velodrome on his new development, Circle C Ranch. I think the velodrome came up because another Austin developer (whose name escapes me at the moment) had formed a committee to make a bid for the Pan Am games to be in Austin. Anyway  I pulled in Richard DeGarmo, who at that time was the director of the Tour of Texas. He was also president of the United States Cycling Federation, which later became USA Cycling. The Tour of Texas was  a  week long stage race held every March in Central Texas.  Richard was years ahead of his time with the race, this was way before Lance. It brought in all the great teams of the time including 7-11 with Bob Roll, the big Raleigh team and several European junior teams.  At that time the Tour was still going on and Circle C became one of the sponsors of the event.  The Velodrome actually got some serious consideration, I remember going down to the Houston Velodrome to take a look at the one that had been built there.  Richard and Gary thought a Veloway made more sense then the Velodrome as it could be used to hold the criteriums that were part of the Tour. They traditionally had been held on 6th street or on the big loop in Zilker Park. Sadly the Tour came to an end due to lack of sponsorship before a race could be held there, but the Veloway is indeed a jewel."
Circle C incorporated many unique features for its time, including a wonderful swimming facility, the Lady Bird Johnson Wildflower Center, and the Veloway. Much to the consternation of the road cyclists of Austin, public money that had been earmarked for creation of urban bike lanes was diverted to help fund Gary Bradley's bike path way out in the middle of nowhere serving his subdivision's residents, who weren't even in the city limits at the time.
Fast-forward 15 years and you'll find the Veloway becoming surrounded by development. The rapid loss of bike friendly roads makes its existence seem most fortunate, even to those who pooh/pooh the idea of riding a short 3 mile loop over and over again. A decision was made a while back to allow the rollerblades to legally use the facility ... they now comprise about half the users.  The City of Austin repaved the Veloway in 2004. We are alarmed at the deterioration of the pavement surface, and hope the city will add a protective topping before the pavement becomes dangerous again.
Thus, a combination of optimistic investors, over-reaching developers, political opportunists, and creative visionaries gave the citizens of Austin a great recreational resource that, unfortunately, might outlive our constantly threatened Barton Springs.


source: http://www.wildflower.org/about/

Wildflower Center Mission

The mission of the Lady Bird Johnson Wildflower Center is to increase the sustainable use and conservation of native wildflowers, plants and landscapes.
Lady Bird Johnson and Helen Hayes hold a press conference to announce the creation of the Wildflower Center - May 12, 1982
Lady Bird Johnson, our former first lady, and actress Helen Hayes founded an organization in 1982 to protect and preserve North America's native plants and natural landscapes. First as the National Wildflower Research Center and later as the Lady Bird Johnson Wildflower Center, this special place exists to introduce people to the beauty and diversity of wildflowers and other native plants. Every day, the Wildflower Center brings life to Mrs. Johnson's vision in its public gardens, its woodlands and sweeping meadows as well as in internationally influential research. In 2006, the Center became an Organized Research Unit of the University of Texas at Austin.
Decades ago, Mrs. Johnson recognized that our country was losing its natural landscapes and its natural beauty. As much as 30 percent of the world’s native flora is at risk of extinction. The Wildflower Center was intended to help preserve and restore that beauty and the biological richness of North America. Since then, the Center has become one of the country’s most credible research institutions and effective advocates for native plants.
The Center’s gardens display the native plants of the Central Texas Hill Country, South and West Texas, while the Plant Conservation Program protects the ecological heritage of Texas by conserving its rare and endangered flora. The Native Plant Information Network is a database of more than 7,200 native species available online.
The Land Restoration Program applies knowledge of ecological processes to restoring  damaged landscapes. The Center’s education programs for children and adults teach people about their natural surroundings and how to grow native plants in their own backyards.
Wildflower Center Chronology
Susan Rieff, Executive Director
2011-2012 Annual Report


Tuesday, February 11, 2014

Ever wonder who was the Zilker in Zikler Park? and how it bacame a public park? Read on!

 source: http://en.wikipedia.org/wiki/Andrew_Jackson_Zilker

Andrew Jackson Zilker (1858–1934)[1] was a political figure and philanthropist in Austin, Texas, after whom Zilker Park was named. He was the last private owner of Barton Springs.
Andrew Zilker was born in New Albany, Indiana. In his youth he'd read Henderson King Yoakum's two-volume History of Texas,[2] and was inspired to head for its capital to make his fortune. In 1876, at the age of 18, he arrived in Austin with fifty cents in his pocket, immediately acquired work as a dishwasher, and doubled his money by shift's end. His next job would be on the construction of the Congress Avenue Bridge. But the real money to be made in the Texas heat, he discovered, was in the manufacture of ice, and he quickly climbed the ladder from new hire to foreman for one icemaker in a matter of months. He was quick to learn the value of business connections, joining Austin Lodge #201 of the Benevolent and Protective Order of Elks shortly after its founding in 1891.
Soon he owned an ice plant of his own outright, and in 1901 began buying land between the Colorado River and Barton Creek. He had soon acquired 350 acres (1.4 km²) surrounding Barton Springs, including the Springs themselves from John Rabb, and used the land to pasture the horses and mules that pulled his ice wagons, and the clear, clean Barton Springs water to make the ice itself. There he also built a small concrete pool and amphitheater for members of his Elks Club organization at the site of one of the three springs.
Zilker also found the time to be a volunteer fireman, Director of the First National Bank, Water and Light Commissioner, and served both as alderman from the old Tenth Ward and president of the Travis County School Board. He would own a variety of businesses, including a brickyard (perhaps to spite his rival neighbor, and brickmaker, Michael Butler[3]), a wood and coal concern, the Austin electrical system, and the water supply systems in Llano and Taylor counties. He even became the first Coca-Cola bottler in Austin.
The year was 1917 when, in his role as head of the school board, he cut a curious deal giving Barton Springs, and, over the next seventeen years, the surrounding acres, to the Public Free Schools of Austin (i.e. the school district) to sell to the city, which in turn paid for a $100,000 school endowment with the proceeds. This trust fund still pays for what is known today as the school-to-work program. In 1950, nearly two decades after Zilker's death, the district opened Zilker Elementary in his honor. The area itself, of course, became Zilker Metropolitan Park.
He is also remembered for his disdain for Austin mayor A. P. Wooldridge, and for encouraging Tom Miller to enter municipal politics and run for mayor in 1933.[4] Nicknamed "the Colonel", Zilker's contribution to Austin was quite substantial.

Source: http://www.texasmonthly.com/story/pen-pals

 Designed by noted Santa Fe sculptor Glenna Goodacre and put in place in the fall of 1994, the statue commemorates a trio of writers—J. Frank Dobie, Roy Bedichek, and Walter Prescott Webb—who did as much as any in Austin’s history to define the city’s special qualities. In the rich synergy that developed among the three men over many decades of public life and private friendship, they became the spiritual godfathers of Austin.  The philosophers Rock
 If you want to read a book, play some ball, fly a kite, take a train ride, Swing in a cool (cold) springs or walk for miles you can do all this and more just minutes away from down town Austin!


My kids spent hours and hours on the playscape with the Fire Truck and watching the little train The Zephyr (above) pull it's carloads of riders through the park.
 
 

Robert Kenney, Realtor

®
Reilly Realtors

13500 Galleria Circle, Suite U-115

Austin, TX 78738

 
 
Source of all photos: Bob Kenney

Monday, February 10, 2014

Austin's Historic STATE Theater - downtown Austin

 Photo: Bob Kenney

source: http://www.austintheatre.org/

State Theatre - History

"The State Theatre is a historical cornerstone to Austin's downtown arts district, so ensuring its soundness and longevity are key to the future fabric of our city. We want the community to understand the history of the State Theatre and to continue to enjoy its unique Austin setting for many, many more years." - Former Mayor Will Wynn
This vintage movie house—built in 1935 by Interstate Circuit Inc.—stands next door to the Paramount Theatre and within sight of the State Capitol building. It was built on the site of the old Avenue Hotel, which stood until after the turn of the century.

The State Theatre was the first theatre in Austin built specifically to show motion pictures and opened on Christmas Day of 1935 with The Bride Comes Home, featuring Claudette Colbert and Fred MacMurray. Downtown movie houses were popular during the era; the theatre screened films along with many others like The Paramount, The Queen—which stood on the west side of Congress Avenue—and The Ritz, now an Alamo Drafthouse location on 6th Street. The State flourished under the helm of Louis Noovy, a general manager for Interstate's four Austin movie houses, which included the Paramount, Queen and Capitol theatres.

Designed by W. Scott Dunn in the Art Deco style that was popular when it was built, the State lobby retains much of the charm of its past due to a major facelift in 1981 that returned it to its original Art Deco splendor. Vacant beginning in 1986, the City of Austin bought the structure and leased it to Live Oak Theatre. Live Oak, a local, producing theatre company, spurred the most notable renovations to the facility. Austin architect Sinclair Black and Live Oak’s director Don Toner embarked on a $3.5 million rehabilitation in 1998, transforming the interior into an inviting, open 320-seat space with backstage work areas, dressing rooms, a rehearsal hall, and a new lobby.
Six months later, the company finalized its purchase of the State Theatre, moved into the building and continued its tradition of presenting quality work and supporting the growth of new plays. Embracing the spirit of its new permanent home, the company changed its name to The State Theatre Company.

In 2000, the company merged with its next-door neighbor, The Paramount Theatre for the Performing Arts, to form the Austin Theatre Alliance (ATA). An endeavor that began with two distinct operational and business models has combined the best of both to become one of Austin's most uniquely productive performing arts resources - a thriving organization that both presents and produces a broad range of drama, comedy, music, dance and spoken-word events of the highest caliber, in downtown Austin's most commanding venues.

In June of 2006, the State Theatre, having just celebrated its 70th anniversary and in the middle of a successful run of the play Bunk Bed Brothers, suffered the effects of a city water main break that resulted in the flooding of the State’s stage and basement, ruining hundreds of thousands of dollars worth of equipment and forcing the cancellation of part of the theatre’s 2006-07 season. Some productions were moved to other venues—the State’s remount of the award-winning American Fiesta was moved to the University of Texas’ McCullough Theatre and Judith Ivey’s Women on Fire was performed at the Paramount.

After approximately $300,000 worth of repairs were completed, the Austin Theatre Alliance was proud to celebrate the grand re-opening of the State Theatre on March 1st, 2011 with a private performance by Austin favorite, Bob Schneider. The venue is now available for both rental and additional presented performances.
If you ever get a chance to see a performance here do it! great theater renovation, Great performances!

Robert Kenney. Realtor

®

Reilly Realtors

13500 Galleria Circle, Suite U-115

Austin, TX 78738


Top Austin Agent Joins Reilly Realtors

 

Posted by Michael Reilly on Monday, February 10th, 2014 at 8:20am.


Reilly Realtors agent Robert Kenney http://www.austinhomelistings.com/agents/robert-kenney/
We at Reilly Realtors would like to welcome Robert Kenney to our team of expert agents. Bob comes to Reilly Realtors with 12 years of experience as a Realtor and over $5 million in sales in 2013. He has consistently established himself as one of Austin’s top producers thanks to his diverse portfolio of not only real estate experience, but marketing, website development and management as well. Prior to his success in real estate, Bob was the principal in a textile commodity business, where he gained experience working with national as well as international clients from regions such as Europe, South America, Africa and Australia. Bob not only brings his in-depth knowledge of the real estate market with him to Reilly Realtors, but over five years of corporate relocation experience, as well. Having made a successful transfer to Austin himself 16 years ago, Bob knows what clients are looking for when they make the move to the Texas capital. Bob’s expertise isn’t just limited to relocation, but extends to all aspects of real estate and knowledge of the Austin area.

We're also excited to announce that Bob has been nominated for the Austin Business Journal’s 2014 Residential Real Estate Awards! These awards honor the top 50 residential real estate agents as well as master-planned communities and builders for custom, production and green homes. Bob was nominated as one of the top licensed agents in the Austin area with no licensed assistants. Nominees will be honored with a lunch and awards presentation at the Sheraton Hotel in downtown Austin on Thursday, March 6th. This is not the first time Bob has been honored as a top agent in the Austin area. He was also a finalist for the Platinum Top 50 Realtors Awards Program in 2011, 2012 and 2013, which recognizes achievements in sales, civic leadership and education. When he's not working hard for his clients, Bob enjoys spending time with his wife and two kids, which often involves coaching youth sports teams. He is also very active in the Austin community with Mobile Loaves and Fishes, a charity that provides food and other goods to the Austin homeless.

Bob’s addition to the Reilly Realtors team makes us more confident than ever that we have all the experience and tools to help our clients reach their real estate goals. We now have over 40 top-producing agents that specialize in all areas of Austin real estate and focus on providing the best service to their clients. Bringing in top agents like Bob Kenney is just one of the exciting plans unfolding for Reilly Realtors in 2014. After bringing in about $120,000,000 in residential sales in 2013, we are focused on continuing to develop the best products and services to help our agents better serve their clients in 2014. You can look forward to many exciting changes to our easy-to-use search tools as well as other aspects of our popular website. If you’re interested in working with Robert Kenney or any of our other top agents, please contact us today.

Friday, February 7, 2014

What is the favorite whine of Austinites? "I want to go to the winery!"

Hers is some fun and perhaps surprising facts about Texas wine production.

Information courtesy of: Texas wine and Grape growers association.
Link: http://www.txwines.org/facts.asp



TEXAS WINE INDUSTRY FACTS

Texas is the site of the first vineyard established in North America by Franciscan priests circa 1662. As European settlers followed the development of mission outposts, they brought more grapevine cuttings, further developing the industry through the 1800s.

Today Texas has approximately 4,400 acres of producing vineyard farmland. The U.S. Department of Treasury through the Alcohol and Tobacco Tax and Trade Bureau officially designates American Viticulture (Grape Growing) Areas, or AVAs. Texas has eight AVAs although many vineyards exist outside the specified AVAs. For a wine to mention an AVA on the label, 75% of the volume of wine must come from grapes grown in that designated region.

Texas has eight recognized American Viticultural Areas (AVA).

Texas High Plains: Located west of Lubbock in the Panhandle at an elevation of 3000-4000 feet, the climate of this appellation is very dry. While the AVA encompasses over 8 million acres, there were approximately 3500 acres dedicated to grape growing in 2005.

Escondido Valley: This appellation established in 1992 covers 50 square miles in Pecos County in far West Texas, located near Fort Stockton

Texas Hill Country: Located west of Austin and San Antonio, this appellation, like Texas, is large. It is the second largest AVA in the USA, containing more than 9 million acres. Two smaller appellations, listed below, have been designated within the Texas Hill Country due to the unique microclimates they embody. Many wineries are located in this scenic area.

Bell Mountain (within Texas Hill Country): Designated in 1986, it is the first established AVA in Texas, covering five square acres about 15 miles north of Fredericksburg.

Fredericksburg (within Texas Hill Country): This viticultural area covers about 110 acres with approximately 60 under vine.

Mesilla Valley: Located at the far western tip of the Texas border north and west of El Paso, this area is hot and dry with a long growing season and approximately 40 acres of cultivated grapes.

Texas Davis Mountains: With about 50 acres planted with vines, this west Texas appellation is cool and wet at an elevation ranging from 4,500 to 8,300 feet.

Texoma: Located in north-central Texas, this area contains approximately 3,650 square miles along the Texas-Oklahoma line.

Texas Wine and Wine grape Industry Profile
  • America’s No. 5 grape and wine producer
  • Contributes more than $1.83 Billion of Economic Value to the State of Texas
  • 420 growers covering 4,400 acres
  • 100% for wine
  • 273 Wineries (G permit issued by TABC as of January 18, 2013)

Texas Hill Country vineyard's 


 
For more information or questions about real estate and moving to Austin please feel free to contact me.
 
Regards,
 
Bob Kenney, Realtor
®
 
Mobile/Text: 512-922-4922
 


Thursday, February 6, 2014


What Palm trees in Texas? Yes Austin is the place that intrigues and surprises people from all over the world. We have an amazing country side, away from the Capital of Texas, that even amazes and mesmerizes Texans1 this is an overlook of one of the many lakes in the lake region to the west of Austin.

Keep you eyes open for more beautiful photos of the area...

Let m know if you want a view like this!

Bob Kenney,
Realtor
®
 
Email: bobkenney@reillyrealtors.com
  

Monday, February 3, 2014

HELP! My husband and I have our home under contract to close in March. How do we calculate our property tax obligation?


Hi Sue,

Hopefully your title company or closing attorney will verify this for you. I suggest you contact them 1st thing in the morning.

To calculate your property tax obligation. Take the appraised value in the last tax year (2013) divide the number by 365 then multiply by the number of days in the year you own the home for example with a closing of March 17, 2014:


Taxes based on tax authority appraisal value : $10,000

$10,000/365 = $27.40 daily tax rate

$27.40 * 76 Days (include the closing day) = $2082.40

So this is the amount you will credit buyers at closing so that when the taxes are due the 3 of days you owned the home in 2014 is taken into account. Most closings will also have a document that both buyer and seller sign that is basically an outside agreement that if there is an underpayment of taxes at closing the sellers agree to reimburse the difference to the buyers. Same if there is an overpayment of taxes at closing the buyers will refund the sellers.

In order to make this happen both buyer and seller are responsible for contacting the other party with an accounting of actual taxes based on new tax appraisals since most taxing authorities do not typically set tax rates until fall time frame.

I hope this information helps you in your planning. If you have any other questions or need assistance in a referral for Realtor® services for your next home please contact me!

Kind Regards,

Bob Kenney, Realtor®

Reilly Realtors


Mobile/Text : 512-922-4922

Thursday, December 26, 2013

“I am ready to look for a new home. What should I do first?”


Congratulations!

OK 1st thing you want to do is determine how you want to purchase the next home. Several options

A)     Cash

B)      Mortgage

C)      Borrow against assets

These are but 3 most conventional options. The point is to have a financing plan in place so you do not spend time looking for something you might not be able to purchase.

When you contact a mortgage professional there are a few things you want to make sure of.  Like any vendor relationship get referrals from people you trust then do some checking on your own.

A)     They are a licensed lender

B)      The company the work for should have reviews/ratings on various web sites

C)      Find out what fees are involved above and beyond the amount borrowed and how long it will take to close a transaction once you go under contract.

This is as serious step as making the actual purchase. You will be providing the selected mortgage company and individual with very sensitive financial information and you need to know that the information is not going to be disclosed to anyone outside the transaction.  Be prepared with 2 years of Tax returns, Debt information, all sources of income verification. This is all used to calculate your debt to income ratio which will be used to determine how much you will be able to borrow and the terms of the loan.

The company you choose will need to be able to conclude the transaction based on the terms of the purchase agreement. So it is important to ask how long you will need for the loan process to be completed and the loan funded.

This is part of the contact that deals with ‘Time is of the essence”. If you are financing any portion of the purchase the 1st time deadline is usually the time negotiated in the contract to get financing approval. There are several things associated with this 1st step all of them have to happen in order for you to get approval for the mortgage

 

A)     You must make written application with a mortgage company. This is when you are going to need all of the records that will be needed to determine your ability to receive your loan. I strongly suggest you ask your representative as soon as you talk to them a list of the required documents. Each company has slightly different underwriting standards so the things they require from you may vary.

1)      Tax Returns – They will pull what is called a tax transcript from the IRS. This should be done very soon after you make application. This will verify that you have submitted your tax return to the IRS and that the information matches the copy of the return you provide them with. It is important to provided them with the return tht matches what the IRS has on file. So if you submit an amended return include it with what you provide the mortgage compay. Any discrepancies can delay your loan approval considerably.

 

2)      The lender will pull your credit report (typically you only need to provide them with permission to access the report on your behalf) some people will pull credit reports on themselves within 6 months of making a large purchase. One reason is to see what the score is and the other reason is to see if there are any mistakes on the report. You would be surprised what come people find on their reports and if you have a little time to try and get them straightened out before a big purchase than it will help the process along

If a lender finds something that if adversely affecting the report rating, they can sometimes help fix the issue so this step is usually taken very close to the application date as well. Some time fixes can take up to a week or more depending on the reporting institution.

3)      The period from the application date to final approval is typically referred to as the 3rd party Financing Option period. This can be anywhere between 15-21 days typically but varies by lender. Please make sure you ask your vender how long it will take them to get financing approval. If you contract at 15 days and then find out you need 25 days then you put additional pressure on all parties and if the lender is feeling rushed or cannot process the load application w/in the time line they may reject it based on incomplete information.

 

4)      Interest rate – The lender is going to give you information on what the interest rate is for loans on a given day (Yes it fluctuates daily). Once the lender feels good with the information you provide and has a handle on the application process they should begin to talk about “locking the interest rate”. What this means is that they will offer to close your loan on the negotiated closing date based on the “lock rate”. So if you apply and the rate os 4.5% and you see it inching up to say 4.75% you will want to talk to the mortgage person to see if you can keep it from floating on you. This is called “locking” and is an agreement by both sides to close the transaction at a set rate. This option is available to all consumers but you should be aware of what the economic conditions are. Most lenders will only lock out so far (typically 30-45 Days) they are taking a risk when they “Lock” so everyone has to be aware of what factors may influence the rates either up or down.

 

5)      Appraisal – This is property appraisal and part of the approval process. In today’s fluid real estate market this is a very important component of the whole process. The financial entity you will be using is going to lend you money based on your loan to value ratio(LTV).  The term is commonly used by banks and building societies to represent the ratio of the first mortgage lien as a percentage of the total appraised value of real property.

 

For instance, if a consumer borrows $130,000 to purchase a house worth $150,000, the LTV ratio is $130,000 to $150,000 or $130,000/$150,000, or 87%. The remaining 13% represent the lender's haircut, or amount at risk if the loan is defaulted on, all adding up to 100% and being covered from the borrower's equity. The higher the LTV ratio, the riskier the loan is for a lender.

 

Appraisals are responsible for more deals falling apart in some markets than any other factor.  Selling agents and buying agents will have done their due diligence to make sure the home is being marketed at current market price. Unfortunately appraisals are sometime behind the market values if an area if very popular. It could be because they can only use data from homes that are comparable to the subject property and if a particular neighborhood has not had many homes for sale then they will need to expand outside the area and adjust prices according to makeup of the other neighborhoods. Another determining factor is what sale information is available to the appraiser. A home closing w/in a week of the appraisal my not have the information in a place that can be used to help determine value.

 

Having a knowledgeable appraiser who is educated on a particular areas values and sale histories is crucial but not always possible. As a result an appraisal may come in “Under value” which will adversely affect the LTV ratio and may cause a loan to be denied based on the lenders criteria. There are solutions to these issues but they may well add delays to the closing of the transaction.

So as you can see it is very important that everyone involved in the transaction is active and aware what is going on during this initial financing option period. Everyone from the agent(s) to the borrower needs to be actively updated and advised on any delays or early acceptance so that the expectations of the contract can be managed effectively. Make a note on your calendar for a reminder to check in with the mortgage person at regular and short intervals and keep notes when possible about the conversations so you have a clear understanding on where in the process your loan application sits.

The Agents do not need to know the personal financial particulars of your loan only whether or not the criteria is being meet or if something is going to be a factor in successfully making the contract close as per the contracted date.

So the short story is: Make sure you are dealing with a competent, seasoned and trusted lender when making a loan application. Talk to friends and your Realtor and get referrals and PLEASE make sure you ask for references.

If you should have any questions please do not hesitate to contact me anytime

Mobile: 512-922-4922   email rkenney51@gmail.com

Bob Kenney, Realtor