Closing costs typically include charges required by lenders and other parties. Pre-paid costs and escrows are also included in settlement statements and are frequently referred to as closing costs, but are actually a separate category. Information on pre-paid expenses and escrows for Gehan Homes closings is provided in this article.
It is useful to find out what is included in your Gehan Homes monthly home loan payments for budgeting purposes. The acronym PITI is commonly used to remember the items, which are principal, interest, taxes, and insurance. All mortgages do not automatically include each of these. It will vary based on your specific loan.
Personal finances play a large role in home loan pre-approvals. All lenders evaluate your assets, earnings, credit score and existing debts. These determine whether you qualify for a mortgage and for what amount. Below is information on income to debt ratio for Texas mortgage pre-approvals.
It is especially helpful to use Gehan Homes preferred lender. Their team of mortgage professionals will guide you through every step of the mortgage process.
There are several major distinct steps in the real estate purchase process, and several relate to the mortgage. It may be confusing for both first time and repeat home buyers. This blog offers important information on mortgage steps for buying your new Gehan Home and covers what you may want to know prior to starting the process.
Texas Home Buyer Relocation Advice
Moving to a new community can be stressful. There are several factors to take into account including rating of local schools, local amenities, crime levels, tax rates and commuting to employment. The following is some useful advice when relocating to a new Gehan Home.
Minimizing energy usage in your new Gehan Home is not only good for the environment but will also reduce your expenses. There are things that you can do all year long. Below you will find ways to reduce energy use in your new home.
There are different things that you may do to get ready for the home loan process. An especially crucial one is to look through your credit scores ahead of time as it affects your mortgage alternatives and interest rate.
Gehan Homes is now offering their latest series of new floor plans in two exciting communities in the Houston area. With 6 new home plans ranging from 1,500 to over 2,300 square feet, this lineup of homes is designed for the first time homebuyer, empty nester or anyone looking for a new home at a great value.
As the Holidays approach, we are each reminded how much we have to be thankful for. Sometimes it is easy to take necessities like food, shelter and clothing for granted. These are just some of the few things the Red Cross provides to thousands of disaster victims each year. Gehan Homes is honored to be a partner of the American Red Cross, an organization that has provided assistance in the face of the many challenges faced in 2017.
For the 5th year in a row, Gehan Homes pledged to donate $250 for every home sold during the month of October, to the Susan G. Komen Foundation. This year we were honored to present a check to them in the amount of $27,750. This brings our total donation amount to $122,000 toward a cure for breast cancer!
This Saturday, Gehan Homes participated in The Susan G. Komen Race for the Cure®. This was our team’s third year in a row participating. We had a great time bonding as a group, while raising money that will be allocated to the Komen mission. We were honored to walk in honor of survivors and in remembrance of those who have lost their fight.
Gehan Homes is consistently recognized for our outstanding customer service, beautiful home designs and engaging marketing campaigns. This week, Gehan Homes was awarded a 2017 Home Shopper’s Choice Award from Hot on Homes for “Best Use of Personalized Emails”!
To create a home that reflects your sense of individuality and fits your family's lifestyle, browse through magazines, peruse the internet or visit Gehan Homes models and gather pictures of rooms that appeal to you. Answer the following questions to design your dream home:
For your new home in McKinney, Texas, come to Trinity Falls! This picturesque neighborhood is situated on the banks of the Trinity River. This 1,700-acre master planned community offers a wide selection of homes, unique and plentiful amenities, fun community events, miles of hike-and-bike trails and more than 450 acres of open space, all just a short drive from historic Downtown McKinney.
New Homes in a Private Gated Community in Conroe, Texas
Preservation is at the heart of Harper’s Preserve, providing an endless supply of natural beauty to this sustainable community of new homes in Conroe.
Is buying a home now the right decision for you? The pathway to homeownership is your own journey that is based on the groundwork you have laid so far. Here are some ideas to determine if now is the time for you to buy a new home: