Military millennials, big home-buyers in Killeen

Via Texas A&M:

(2/10/2015 7:00:00 AM)

KILLEEN – Killeen’s housing markets are on the rise and it is young people, many of them young military couples, who are leading the way.


“Last year and continuing into this year, the majority of our purchase volume has been driven by first-time homebuyers,” said Katie Miller, Navy-Federal Credit Union’s vice president of mortgage lending. “The vast majority of those are ages 25 to 34.”

“In Bell County and the Killeen (area), 70 percent of our first-time homebuyers are active-duty military,” Miller said.

Many young military men and women are investing in homes at a time when interest rates are as low as 3.2 percent for qualified buyers who take out VA home loans.


“Texas is absolutely hot,” Miller said.

“From 2013 to 2014, our purchase volume in Texas alone increased 41 percent. In Bell County, our purchase volume increased 80 percent. We recognize the opportunity in Texas.

We see ourselves as first-time home-buyer experts and VA experts so, when you talk about military millennials, that’s our bread and butter.”

How to arrive at the best listing price for your property


02/27/2015 | Author: Editorial Staff

Before you list your home for sale, you have to decide on an asking price. Many consumers consult real estate websites, but be aware that not all such websites have reliable information.


The best source for reliable info
A Texas REALTOR® has the accurate information you need to arrive at a competitive price to attract buyers. What makes a Texas REALTOR® a trusted source?

One reason is that a Texas REALTOR® has access to actual sold data that he or she can use to determine the sales price of properties similar to yours. Some of the criteria used are:

  • Location. Properties in the same neighborhood or located as close as possible to yours.
  • Timing. Properties that were sold recently, preferably within the past few months.
  • Size. Properties that are relatively the same size based on square footage, number of floors, or the size of the lot.
  • Features. Properties with the same number of rooms, comparable amenities, or similar upgrades.

How’s the market?
Another important factor in determining a listing price is how your local real estate market is performing when you decide to sell. Is it a buyer’s market where inventory is high, or is it a seller’s market because there aren’t many homes listed?


A Texas REALTOR® has the resources, experience, and knowledge to help you reach your real estate goals. So, if you must go online for help, make sure you’re going to the Find a Texas REALTOR® search at

Million Dollar Home with Priceless Views on Lake Belton!!!

The Boren-Scott Homestead

12700 Dripping Springs
Belton, TX  76513

This feels like living on a private island. You must see the aerial video, FABULOUS!

Yes, two homes, a separate apartment, 8 bedrooms, 7 bathrooms, 4 dining areas, 5 garages, 2 massive workshops, beautiful treed lot with 10.26 acres surrounded by water. Enjoy over 300 feet of a sparkling lake front that seems to blend right into Corp of Engineer land.


The land surrounding the homes has been beautifully cleared to take advantage of spectacular sunrises and sunsets. The largest home is 4634 sq. ft. with 4 bedrooms, 2 dining, 4 baths and 2 walls of windows that seem to face the lake at every turn. Its handicapped equipped with a dedicated bathroom and an elevator for easy access throughout the two story property.


The owners spared no expense at making sure the property was built with the highest energy efficient material and appliances available. It is a big house but the operating costs are extremely low because of the IFC Insulated Concrete Forms and Thermal HVAC systems. The second home is a single story, 1938 sq. ft., 3 bedrooms, 2 baths, that is attached by a breezeway to a separate 550 sq. ft., 1 bedroom, and 1 bath apartment.


It is not up to us to tell you what the final use of your property should be, however we’d like to offer a few ideas to spark your imagination. What about a family compound like the Bush’s, a Corporate Retreat, a Bed & Breakfast or a Wedding Chapel and the list can go on and on. Call me, I’d love to introduce you to the sellers and get you a first person tour of every inch of the property. Bank References are required for a private tour.

Contact Me For more Info: Modtrice Ford- Exit Homevets Realty (254)462-7172

Bathroom bliss: Upscale touches top manufactured homes trends in 2015

The convenience and affordability of manufactured housing is well-known; a manufactured home costs less than a comparable site-built home and takes about one-fifth the time to build, according to the non-profitCorporation for Enterprise Development (“CFED”). Because the homes are precision-built in a factory and delivered to the home site, construction is less hindered by weather delays. What’s more, manufactured homes built to federal energy-efficiency standards can yield savings on energy costs when compared to standard HUD code built manufactured homes, CFED says.

Owners of manufactured homes can also enjoy many of the luxury features found in new site-built homes.

“Buyers don’t need to sacrifice quality, luxury or beauty in order to enjoy the advantages of buying a manufactured or modular home,” says Kevin Clayton, CEO of Clayton Homes, a leading maker of manufactured homes, including the popular model, The Centre. “If you want a great bathroom with double vanities, marble tile and a garden-style soaker tub, you can have it – all while enjoying the affordability traditionally associated with manufactured housing.”

This trend toward affordable luxury is most evident in master bathrooms, where manufactured home buyers will demand – and get – many of the most popular elements found in site-built homes.

“Great bathrooms are a must for homebuyers, no matter if they’re buying a resale, having a home site-built or opting for a manufactured home,” Clayton notes.

Among the most popular master bathroom options chosen by manufactured home buyers are:

* His and hers double vanities

* Granite countertops

* Solid oak cabinets

* Additional built-in shelving

* Leaded glass block windows above tubs and in shower stalls

* Window benches

Focal points such as double sinks and vanities, showers and tubs are also receiving a more upscale treatment. Buyers may opt for built-in sinks, or choose raised china vessels and add brushed nickel hardware for a sophisticated effect. While traditional shower/tub combinations will always have their place, many master bathrooms in manufactured homes now separate the two. Buyers can choose to incorporate a garden-style soaking tub or Whirlpool(R) jetted tub in their master, paired with a marble-tiled stand-up shower complete with a glass outswing door. Waterfall or rainfall showerheads elevate the shower to a luxurious experience.

Additional storage is also popular. Buyers can choose to add an attached walk-in closet to the master bathroom and incorporate built-in shelving for storage in the bathroom itself. Space-saving touches like pocket sliding doors, a chute to an adjacent laundry room and a Jack-and-Jill layout also enhance the master bathroom’s livability.

Finally, Clayton predicts, in 2015 manufactured home buyers will embrace spa-like design elements. Window benches, leaded glass block windows, vessel sinks and rainfall showerheads all evoke the restful, oasis-like atmosphere of a luxury hotel or spa.

“Modern manufactured homes are far from cookie cutter,” Clayton says. “Dozens of models are available with hundreds of options that allow buyers to truly customize their manufactured home with the features and look they desire.”

To learn more about manufactured homes and to find a Clayton Homes location in your area,

8 ways first-time homebuyers can make themselves mortgage-ready

Via: KDH News

It’s rare to get something right the very first time you try it, but when it comes to buying your first home, a lack of knowledge and experience can lead to costly mistakes. One in four first-time homebuyers say they are completely unfamiliar with the mortgage financing process, according to a report by the Consumer Financial Protection Bureau. Even among those with an understanding of the overall process, the report found that many first time homebuyers still had significant knowledge gaps in important areas such as available mortgage rates, closing costs, down-payment requirements and income required to qualify for a loan.

“Not having all the information available could lead to consumers paying a higher interest rate or failing to secure an affordable mortgage for the home they want,” says Eric Hamilton, President of Vanderbilt Mortgage and Finance. “While most first-time homebuyers understand the importance of their credit report score in securing a mortgage, it’s important they arm themselves with comprehensive knowledge. Fortunately, there’s plenty of useful information out there for borrowers who want to do their homework before diving into the loan process.”


Vanderbilt Mortgage offers eight tips for first-time homebuyers:

1. Adjust your budget. A mortgage payment can increase your monthly housing expenses, so prepare by calculating what that amount will be and begin saving that same amount every month so you can get used to the budget change in advance. Use a free online payment calculator to help you predict your payment and understand your current debt-to-income ratio.

2. Plan for a down payment. Nearly all home loans will require you to put some money down as a down payment. Some home loans may require as much as 20 percent of the purchase cost as a down payment, although some Federal Housing Administration loans may require less. Decide on the amount you think you’ll need and create a savings plan to help you reach that goal.

3. Consider the location and type of home you want to buy. Many factors influence the cost of a home, including its location, size, style and more. A larger home in a high-income area will generally cost more, and property taxes will be higher on a bigger, newer, well-located home. Many first-time homebuyers find manufactured or mobile homes are a good option. Knowing the estimated cost of the type of home you want to purchase can help you better manage your budget.

4. Stay on top of your credit. Lenders will consider your credit score and report history when determining your mortgage eligibility and the interest rate they may offer you. Make sure to review your credit report in advance. You can download a free credit report once a year from all three major bureaus at If you’re planning to apply for a mortgage, it’s a good idea to review your report more frequently and to consider paying to obtain your credit score from at least one major bureau. If your report contains errors, work with the credit bureaus to have them corrected before you apply for a mortgage.

5. Keep current on monthly bills. While it’s important to save toward a down payment, don’t let monthly bills slide. Paying your bills on time every month can help increase your credit score, and a good payment history is something lenders look for when reviewing your credit report. Use online tools like email reminders and automatic payment options to help ensure you never miss or make a late payment.

6. Work on your debt. If you have delinquent balances, bring them up to date as quickly as possible. If you carry a lot of revolving credit card debt, you may want to work to reduce it by paying more than the monthly minimum payment. While it helps to have a report that shows no late payments, the most important thing is to not have any delinquent balances before you apply for a mortgage.

7. Plan for escrow. In addition to the amount you will need each month toward repaying your mortgage, you’ll need escrow – an amount added to and collected with each monthly mortgage payment that is applied toward annual homeowners’ insurance premiums and/or taxes. Estimating taxes and total insurance costs can help you better understand how much your escrow will be each month, and you’ll be able to budget more accurately as you prepare for home ownership. Don’t forget that this amount may adjust every twelve months if your insurance premium or taxes change for the next year.

8. Take advantage of educational resources. From lenders’ websites to government agencies, it’s easy to find plenty of information online. Check out resources like the Consumer Financial Protection Bureau, the U.S. Department of Housing and Urban Development (HUD) and the Federal Housing Administration.

For homesearch:


Move In Ready and Waiting for a New Owner!!

Open House this weekend from 12-2pm!!


Beautiful Home waiting for new owners!! This freshly remodeled home is conveniently located near schools, shopping and entertainment. The home features many upgrades! Fresh paint, new flooring, a new A/C unit, and updated bathrooms make this home Shine!! You will fall in love with the Floor Plan with a Spacious Living Room and Open Kitchen that leads to a Roomy Dining area which is perfect for entertaining family a friends!! Outside the home Boast freshly painted trim and colorful landscaping along with an extended driveway which has plenty of room for parking. A large back yard and a side patio with mature trees has great potential for outside entertaining. Come and see for yourself, the possibilities are endless!

For this and more properties go to:

Click link for the tour!!

The Most Unique Home you will ever see!!

Open House This Sunday Feb 22nd From 1-3pm!!


Come see this unique and breathtaking three story home in a cul-de-sac. Gorgeous entry with a circular driveway. The two car garage is at the back of the home. As you enter the front door, the man cave / entertainment room is on your left. Seller updated this room with custom tile floors. This room also features a half bath, storage closets and glass sliding doors to the enclosed side patio. As you go up the first flight of stairs, you’ll enter the large kitchen, featuring a glass top drop in range, tile floors, extended breakfast bar, pantry, loads of cabinets and a half bath. There’s a second dining area off the kitchen, which includes a wet bar. The living room has a fireplace and built-in cabinets, new bamboo floors, glass sliding door to the patio with a gorgeous view. As you go up the second flight of stairs, you’ll find four bedrooms, 2 completely remodeled baths. Seller has done loads of upgrades, such as new bamboo flooring, paint, remodeled upstairs bathrooms, metal roof, new AC condenser. Seller had the home professionally cleaned, it’s move-in ready! This is a one of a kind home. It’s not going to last, so schedule your showing before it’s gone!!!

Click The link for a Tour!!!