Texas Real Estate Bible Podcast

Jen and Mike finally made the decision to stop being renters and become homeowners.  They were excited!  They both knew they had great credit since they checked their credit rating with a free credit reporting service, so they called an agent and started shopping.  They saw some great houses, and some not so great houses.  In all, they went to 30 different properties before they found THE ONE. It was perfect.  Great curb appeal, great school district, close to work, and had more than enough room for their growing family.  The kitchen and the living spaces were exactly what Jen had always dreamed of, and Mike could already see himself relaxing in the built in man-cave.  Before putting in their offer, they calculated for themselves what the loan payment would be and decided that it would be a stretch, but it would be worth it!  So they put in their offer, and after a little negotiation, they agreed on a purchase price of $350,000.  They took their executed contract to their local bank where they'd been customer