FHA Increased Loan Limit for 2017

 

The Federal Housing Administration announced it is increasing loan limits in 2017.  These loan limits are effective for case numbers assigned on or after Jan. 1, 2017.  The FHA set the loan limits on a yearly basis and they are based on a percentage calculation of the  nation conforming loan limit.  The loan limits increased in 2,948 counties due the rise in housing prices (List of counties).  

Here is how the new  2017 FHA loan limits look in North Texas

County 2016 2017 Increase
Collin $334,650 $362,250 $27,600
Denton $334,650 $362,250 $27,600
Dallas $334,650 $362,250 $27,600
Grayson $271,050 $275,665 $4,615
Rockwall $334,650 $362,250 $27,600
Tarrant $334,650 $362,250 $27,600

 

The FHA also increased the amount for FHA-Insured Home Equity Conversion Mortgages (Reverse Mortgages).  HECMs will increase to $636,150 in 2017.

There were no decreases for 2017 and 286 counties remained unchanged. 

If you are thinking about buying and want to take advantage of the increased limits in 2017 there is no better time than now to start looking.  Feel free to give us a call us at 214-620-0411 or Contact Us  if you have any questions.  We would love to answer them and help you find your dream home in 2017.

Italian Pork Chops – July Recipe Post Card – The Marr Team

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As real estate professionals, we have the knowledge and skills to answer your questions during this changing market.  We’re here for those you know who might be facing challenges or want to move up.

Italian Pork Chop
Ingredients:

  • 4 – 5 Pork Chops
  • 4 – 5 T Italian Dressing
  • 4 – 5 T Flour
  • 1/2 t salt
  • 1/4 t pepper
  • 1/4 to 1/2 C canola oil
  • 1 – 15oz can or jar of spaghetti sauce
  • 5 slices Swiss cheese
Directions:  Preheat oven to 350 degMarinate pork chops in Italian dressing for 60 – 90 minute before cooking.

Mix flour, salt and pepper and drench pork chops in mixture.  In large skillet, cook pork chops on medium high heat thoroughly in canola oil (about 5 – 6 minutes per side).  Once done, take pork chops out of the skillet and place in a baking dish.  Place 4 – 5 tablespoons of spaghetti sauce on each pork chop. Bake for 20 minutes.

Remove pork chops from the oven.  Place one slice of cheese on each chop.  Return to oven about 2 – 3 minutes or until cheese melts.  Remove from oven and serve.

July 2015 Postcard.

 

 

The Marr Team.  Homes for Sale in Collin County, Homes For Sale in McKinney, RE/MAX Prestige Celina Texas, Celina Texas Homes For Sale, Homes For Sale in Prosper

HOME FOR SALE | 5117 Sweetgum Court McKinney , TX 75071 | The Marr Team, RE/MAX Prestige

5117-Sweetgum-Court-Mckinney-TX-75071

http://www.marrteam.com/13165542/

PROPERTY DESCRIPTION:
MOVE-IN READY with spacious floor plan and good sized backyard. Blank canvas ready for your personal decorating touch. 4 bedrms, 2 dining areas, study or formal living and gamerm. Kitchen is open to living, dining w beautiful cherry colored cabinets. HUGE master suite with sitting area and spacious bath with dual sinks, separate shower and garden tub. Upgraded lighting and architectural features. Highly desired Prosper ISD Elem in neighborhood.

 

OVERVIEW:

Property Type: RES-Single Family
Listing Status: Active
Area Name: MCKINNEY AREA (53)
Subdivision: Heatherwood #1
Style: Traditional
Year Built: 2007
Construction Materials: Brick, Siding
Foundation: Slab
Square Feet: 3014
Acres: 0.14
Stories: 2
Roofing: Composition
Garage Description: Attached, Front, Garage Door Opener, Opener
Garage Spaces: 2
Heating: Central Air-Elec, Central Heat-Gas, Zoned
Utilities: City Sewer, City Water, Curbs, Sidewalk
Lot Dimension: 50 X 125
Lot Features: Landscaped, Some Trees, Subdivision
FEATURES:

Exterior Features: Patio Open, Sprinkler System
Interior Features: Window Coverings
Community Features: Community Pool, Greenbelt, Jogging Path/Bike Path, Park, Playground
Association Fee Includes: Full Use of Facilities, Maintenance of Common Areas, Management Fees
Other Equipment: Built-in Microwave, Dishwasher, Disposal, Range/Oven-Electric
Fireplace Features: Gas Starter, Wood Burning
Fireplaces Total: 1
Flooring: Carpet, Ceramic Tile
ROOM INFO:

Bedrooms: 4
Total Full Baths: 2
Total Half Baths: 1
ROOM SIZES:

Room Level Approx. Size Description
Master Bedroom 2 20 x 18 Dual Sinks, Garden Tub, Separate Shower, Sitting Area in Master, Walk-in Closets
Breakfast Room 1 8 x 13
Dining Room 1 12 x 10
Kitchen 1 14 x 12 Breakfast Bar, Walk-in Pantry
Utility Room 1 11 x 6 Drip/Dry Area, Dryer Hookup- Electric, Full Size W/D Area, Room for Freezer, Separate Utility Room, Washer Hookup
Game Room 2 17 x 20
Study/Den 1 11 x 12
Bedroom 2 10 x 13
Bedroom 2 12 x 10
Bedroom 2 12 x 12 Walk-in Closets
SCHOOLS:

School District: Prosper ISD
Elementary School: John A Baker
Middle School: Rogers
High School: Prosper

HOME FOR SALE – 146 County Road 915 – Anna TX | The Marr Team

Front

 

Click Here for more information.

COMING SOON! Country Living just minutes from the city in this 3 Bedroom, 2 Bath home on 2.3 acres. Flexible floor plan with family room, formal living/dining and study area currently used as 4th bedroom. Oversized two car garage and large storage building provide parking and storage space needed. Build in 1991, but with many recent updates including aerobic septic, HVAC, water heater and tile flooring. Outside enjoy the fresh air and sunshine. Back of property is a tree-lined creek and wide open acreage spaces or relax in the swimming pool. In the Woodland Meadows subdivision that offers access to fishing pond, pavilion and park with great commute access. Anna is growing and this home is just minutes from Brookshires, fast food, restaurants. Contact us today to be the first to see this fabulous home when it hits the market.

For additional information, contact

The Marr Team

Phone: (214) 620-0411

SOLD | 330 Peggy Lane | Gunter, Texas | A Marr Team Listing


330 Peggy Lane Gunter TexasCUSTOM HOME ON PEACEFUL 3.28 ACRES SETTING. Wonderful floor plan with two living areas or family and study. So many unique features including windows, doors, dual sided fireplace, french pocket doors make this home truly custom. An outdoor setting with wide open space, pool, extreme playhouse, firepit, volleyball or an evening relaxing on the patio enjoying the views.




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HOME FOR SALE | 330 Peggy Lane | Gunter, Texas | A Marr Team Listing | Keller Williams Realty