Texas AG Ken Paxton Under Scrutiny for Mortgage Declarations on Multiple Homes

Texas Attorney General Ken Paxton and his wife, Angela, have drawn attention for claiming three separate homes—one near Dallas and two in Austin—as their primary residence on mortgage documents. This designation allowed the couple to secure lower interest rates, potentially saving tens of thousands over the life of the loans, according to public records. Mortgage … Read more

Former NASA Employee and Husband Convicted in Mortgage Fraud Scheme

Key Details: Fact Info Individuals Involved Noreen Khan (aka Noreen Khan-Mayberry), 52, former NASA technical manager; Christopher Mayberry, 53, NASA contractor employee Crime Conspiracy to commit mortgage fraud via false statements and documents Timeline 2016–2021 Scheme – Took large personal loans to fund a luxury home purchase– Defaulted on loans quickly– Falsely claimed identity theft– … Read more

Mortgage Rates Hit Lowest in Nearly a Year — What It Means for Texas Homebuyers

Key fact: The average 30-year fixed mortgage rate dropped to 6.35%, the lowest in almost a year. Lower rates give buyers more purchasing power, but home prices are still historically high. How Mortgage Rates Affect Buyers Rate Effect on Buyers Notes 6.35% Better than earlier this year Still higher than pre-pandemic levels 5–5.5% “Magic number” … Read more

Texas Law Blocks Foreigners From Buying Land — What It Means

Texas land law and foreigners: A new Texas law, SB 17, stops people from certain countries from buying or leasing homes long-term in the state. Some students and renters are already challenging the law in court. Who Is Affected Group/Person Impact of SB 17 Notes Foreign students Can’t sign leases for 1 year or longer … Read more

Are apartments a good first investment?

Yes, apartments can be a good first investment, but it depends on your goals, finances, and risk tolerance. Let’s break it down: Pros: Cons / Risks: Bottom Line: Apartments are often a solid first investment if you’re prepared financially and willing to learn about property management. They provide income potential and asset growth, but you … Read more

How profitable is owning an apartment?

Owning an apartment can be profitable, but it depends on several factors. Let’s break it down clearly: 1. Income Potential 2. Costs to Consider 3. Appreciation 4. Tax Benefits 5. Profitability Example Let’s say you buy an apartment for $200,000 and rent it for $1,500/month: If the apartment appreciates 5% annually, that’s $10,000 in potential … Read more