Texas Real Estate
Here’s the reality: 💡 Conclusion: A $300K house is probably out of reach on a $50K salary without additional help. Your monthly payment would likely be higher than what lenders consider safe, unless you: 💬 Our Take At Trealtorr, we help first-time buyers see the real numbers and find creative ways to make a home … Read more
With an FHA loan, you can buy a home with as little as 3.5% down, but your income still matters because lenders look at your debt-to-income ratio. Here’s a quick estimate: 💰 Income Needed 💡 Tip: With first-time buyer grants or down payment assistance, you could lower the amount you need upfront, which also reduces … Read more
🚫 The Downsides of an FHA Loan (Real Talk) FHA loans are awesome for first-time buyers because they let you buy with as little as 3.5% down — but there are a few catches you should know before you sign: 🔑 Mortgage Insurance You Can’t Escape (Easily) You’ll pay mortgage insurance (MIP) every month, and … Read more
Thinking about snagging free money for your first home? Here’s the quick scoop: ✅ Income Limit – Your household income has to be under a certain limit (usually ~80% of your area’s median income). Don’t worry, we can check that for you.✅ Your Own Skin in the Game – Most programs want you to chip … Read more
Good news — Texas has several amazing programs that can give you free money (yes, really!) to help with your down payment or closing costs. Here’s how to apply: 🏡 Step-by-Step Process At Trealtorr, we make the process easy — no guesswork, no endless forms on your own. We’ll guide you from grant approval → … Read more
Let’s break it down nice and simple: 💰 Estimated Monthly Payment (Principal + Interest):➡️ About $1,330 per month 💡 Things to Remember This does not include: So your all-in monthly payment could be closer to $1,600–$1,700/month depending on where you buy. At Trealtorr, we:✅ Show you your real payment with taxes & insurance included✅ Shop … Read more
A good rule of thumb: most lenders want your monthly housing costs (mortgage + taxes + insurance) to be no more than 28–31% of your gross income. 🏡 Quick Breakdown At today’s FHA interest rates (around 6%), that usually means you could afford a home priced around: 🏠 $250,000–$300,000(assuming a small down payment, no major … Read more
The truth? The “best lender” isn’t always a bank — it’s the one who gets you the best rate, lowest fees, and the right program for your situation. 🏡 Why Trealtorr Is Your Best Choice Unlike a single bank, Trealtorr is both your Realtor AND your Mortgage Broker — which means:✅ We shop multiple lenders … Read more
Having a mortgage can save you thousands of dollars on your taxes every year, thanks to a few key deductions: 🏡 Your Biggest Tax Breaks ✅ Mortgage Interest Deduction – You can deduct interest paid on your mortgage (for most people, this is your entire loan if it’s under $750,000).➡️ Example: On a $300,000 loan … Read more
One of the most overlooked tax breaks is the mortgage points deduction. When you buy a home, you might pay “points” (also called discount points) upfront to lower your mortgage interest rate. Most people forget that these points are 100% tax-deductible in the year you buy your home (as long as it’s your primary residence). … Read more