In Texas, we don’t have a state income tax; seems pretty nice, right? Unfortunately, this setup has its trade-offs, and in order to fund our essential programs and services, we rely on sales tax and (gulp) property taxes to do it. With skyrocketing North Texas home prices, you might be left with an inflated valuation… Read more »
If you’ve been paying attention to the news, then you might have some questions about the market. With tariffs changing left and right, and uncertainty all over the place, you might ask yourself if this is the right time to buy a home, but there are opportunities if you know where to look. When you… Read more »
The market today is different than it was before, and that’s leading to an older median age of North Texas homebuyers. While the first thought of a first-time buyer might make you think of a younger couple, more families in their 40s and 50s are starting to get in on the action. There are a… Read more »
If you are like many North Texans, then much of your net worth is housed in your house. While this can be a stable way to invest, it can also make it tough to spend that money for your comfortable retirement. Having some liquidity has value, and for those who have reached the age of… Read more »
Including your home in a trust could make things easier for your family in the event of your passing. But how do you do this? And is this the right choice for everyone? Let’s talk about it! Here at Family Home Loan Texas, we know the value of a trust. When you put your home in a trust,… Read more »
Buying your first home is, for many Americans, an important milestone to reach. It allows you to gain stability, build wealth, and have a space for yourself and your family. While this can be an exciting step, it can also be confusing to navigate all that you need to do on your own. That’s where… Read more »
Thinking of retiring soon? It is important to make sure that you have put yourself on the right financial path. If you are like many people in North Texas, then a big portion of your net worth is housed in your housing, and that can sometimes make it tough to make these big decisions. If… Read more »
In the past few years, the housing market has been a challenging environment for new homeowners. Limited housing stock, coupled with a steep rise in new residents, has made it really tough to find properties in people’s budgets. Thankfully, we have also been one of the drivers in new home development, meaning that there are… Read more »
If you’re like many in North Texas, then your home takes up a significant part of your net worth. While this has always been viewed as a helpful way to grow wealth, it means that you cannot access these funds simply whenever. Unless you plan on selling your home, in order to use your home… Read more »
In this country, and in North Texas in particular, housing often plays an important role in a financial portfolio. As you age, it is important to make positive decisions with how you manage your money, and when a significant portion of your net worth tied up in your home, it can make things a bit… Read more »
