The Houston Condo Loft

Foreclosures are on many people’s minds lately.  Since the Federal Government has offered incentives to lenders to restructure people’s loans, local and state governments are encouraging home owners to seek help sooner rather than later and work with their lender to avoid foreclosure.  Help includes restructuring loans, and the purchase of homes by municipalities and non profits.

Foreclosure is the last stop on the money crisis train for home owners.  Once a home is foreclosed, the lender really does not want to own it.  This is why for the savvy buyer, these homes can be a great deal.

Houston foreclosures are no longer just in risky neighborhoods.  The foreclosure crisis has hit all sorts of homes in all types of areas.  Pre-foreclosure, many homeowners and developers are willing to negotiate with a buyer/investor.  If they can walk away with a little cash and satisfied liens, and you have a property for less than the market value, it can be a win – win proposition.

How do you find pre-foreclosure opportunities?  By searching for them on our site!  Our partnership with RealtyTrac enables you to search all Houston foreclosure listings.  Pre-foreclosures, foreclosure auctions, and bank owned properties are all at your fingertips on our site, and we can help you make sense of the entire process.  We can also assist you with obtaining financing.  Contact us today to learn more about Houston foreclosure opportunities.

Houston Condos are everywhere … so now, living in downtown Houston has never been better!

Houston is the fourth-largest city in the United States of America and the largest city within the state of Texas. As of the 2007 U.S. Census estimate, the city has a population of 2.2 million within an area of 600 square miles (1,600 km²). Houston is the seat of Harris County and the economic center of the Houston–Sugar Land–Baytown metropolitan area—the sixth-largest metropolitan area in the U.S. with a population of 5.7 million. (via wikipedia)

Looking to live downtown Houston, TX?  You probably want to start searching on the #1 Houston Condos website that provides not just New Construction developments and MLS listings but Houston Foreclosures and Houston Auctions too!

Here is the kicker — and the BIG POINT on why to buy your next Houston Condo with us!

When you buy your new condo with CondoDomain Houston – you are automatically signed up to get thousands back via our “CASH BACK” commission refund model.  Yes – CASH BACK!   Want to learn more on how to get CASH BACK when you buy a Houston Condo?  Check this out!

Got it now?  So now you know when searching for Houston condos – make sure you call us before you visit any properties to insure that you will get CASH BACK when you buy your next  Houston condo!

Got more questions regarding our special refund model on Houston Condos – feel free to contact us!

Houston lofts are a popular lifestyle choice right now.  Whether built brand new, or converted from formerly commercial and industrial space, the convenient locations, ample space, soaring ceilings and light pouring in through large windows make an attractive choice, and are a magnet for urban designers.

The 20 loft units of 6007 Memorial are authentic loft style homes.  Exposed brick, concrete floors, and 18 foot soaring ceilings are the features that are classic loft design.  In these two story Houston lofts, large windows overlook beautiful greenspace on the west side.  In addition to the wonderful open floor plans inside the lofts themselves, 6007 Memorial features large open common areas as well.

Call us to tour 6007 Memorial and remember, with CondoDomain, we give you money back at closing.

There’s been a lot of attention to nationwide foreclosures in the news lately. The number of foreclosures is up this month, and looks pretty drastic. This is partly because of the moratorium on foreclosures in December and through February, awaiting word from the White House on how the federal government would intervene. Now that the moratorium is over, foreclosed properties that were already set for auction have been again scheduled for sale, and now there is a backlog of them.

Foreclosures are pressuring the real estate market in many cities, but providing many opportunities for home ownership. Formerly investors and “house flippers” were the majority at Houston foreclosure auctions. But now, regular home buyers who want a chance at an affordable home are flocking to Houston foreclosure auctions.

While foreclosures in huge numbers hammer housing prices, efforts to sell the homes and get them off the market have two benefits. One is that once the large inventory of Houston foreclosures is off the market, housing prices can stabilize and a true market value can again be established, with homeowners once again building equity. The second benefit is obvious – the buyer gets a home at a low price.

Buying a Houston foreclosure is not without risk, since the buyer is responsible for repairs and all liens against the property, including taxes, construction liens, and second mortgages. When it comes to Houston condos, it’s possible to have less risk exposure than with a freestanding house.   We can help you with this. We can give you information about the building, the community, and assisting you in finding out the truth about all outstanding liens. We can also assist you with purchasing any foreclosure you choose, not just a condo.

Here at CondoDomain, we have partnered with RealtyTrac so that you can search all available and pending foreclosures in the Houston area. Take a look at these, and then call us with your questions.

Good news for FHA loans! As of last week, there are new maximum loan limits that are available due to the American Recovery & Reinvestment Act. These new loan limits are for new and existing loan applications that are submitted with credit approval on or after March 12, 2009.

Here is a list of the 2009 FHA Maximum Mortgage Limits*:

$729,750 for one-unit properties
$934,200 for two-unit properties
$1,129,250 for three-unit properties
$1,403,400 for four-unit properties

These new limits open up the possibilities for many new buyers! Now lenders can go as high as a $729,750 loan amount with only 3.5% down! So if you are in the market to buy and have previously been unable to put 10-20%  down, this is excellent news!

Contact Christina Longo immediately for more information at 978.886.9359

View the all-new Condo Loan Center to learn more information. The Condo Loan Center offers everything from first-time homebuyer programs with down payment assistance, to private mortgage banking with unlimited loan amounts. In addition, the Condo Loan Center has the ability to act as a broker gives clients even more loan programs. Through the Condo Loan Center, you can rest assured that you will be provided with a competitive loan that meets your individual needs.

A complete schedule of FHA’s maximum county mortgage limits can be viewed through the HUD website by clicking here
*the list excludes financed UFMIP or EEM cost

Live in a prime River Oaks location, convenient to shopping, transportation, restaurants, and nightlife. Have great views of downtown Houston. Now imagine a new Houston condo residence with one to three bedrooms, 10 foot ceilings, large windows, granite countertops and wood cabinets in the kitchen, and a beautiful common terrace with pool and BBQ area.

This is what you have at Piedmont at River Oaks. A brand new, well designed, sleek, hip Houston Condo, and close to everything.

And the price? Less than $200K for starters, and very affordable.

Call us today to find out more about these beautiful and affordable Houston condos. And remember, at CondoDomain, we give you money back at closing.

There’s a lot of attention being paid lately to foreclosures, and how they are pressuring the market. Here at Condodomain, we’ve partnered with Realtytrac to bring you the latest information on Houston foreclosures.

There’s also a lot of confusion about foreclosures – so lets talk about what they are. When a homeowner defaults on a mortgage payment, over a period of time (which varies from state to state) the lender may take action to possess the property, or foreclose on it. These properties are then auctioned at a public sale, usually in the county courthouse or sheriff’s office. Those are only a few of the foreclosure sales – most foreclosure sales actually happen pre foreclosure, when the home owner has received notice that the bank intends to foreclose.

Investors/home buyers may approach an individual who has fallen behind in their mortgage and try to make a deal — usually taking over the mortgage payments and any other liens on the property. Sometimes they rent the property back to the former home owner. Usually, the home owner has to leave so that the new owner can take possession.

Sometimes a homeowner can get the bank to agree to take less money than is owed if the house sells. This is known as a short sale, and requires all lienholders to agree to the amount of the sale. Many homes on the market today are shortsales, as homeowners attempt to avoid foreclosure.

If you don’t buy the home from the homeowner directly and it does not sell at the sheriff.s sale, you may be able to buy it directly from the bank.

You can get a great deal with a Houston foreclosure, but you have to be aware of a few things. One – the property may be in less than prime condition and you may not have a chance to really thoroughly inspect it before bidding. With repairs and paying all liens, back taxes, and obligations, you may wind up paying more than the house is worth – not such a great bargain. Two – you may have difficulty evicting the occupants and require the assistance of law enforcement. Three – you need to have your financing lined up and your down payment ready at an auction. Professional foreclosure investors come with bank checks already prepared.

Houston foreclosures are a great opportunity, but don’t go into the venture alone, especially if you are new to buying real estate. Our Houston foreclosure listings show properties in various stages of foreclosure. Contact us about these listings, and we will assist you every step of the way.

Houston - we have NO problem.

No problem showing you the great deals in Houston Condos, that is. We love the Mediterranean elegance of 7575 Kirby, the stunning views from Emerald by the Sea, the hip neo-deco contemporary appeal of the midtown midrise, The Edge. We love it all, and we’d love to show you the best Houston condo for you.

Talk to us about neighborhood, price, financing, and getting the best deal. We’ll help you with that and more – we’ll give you money back at closing.

Houston is one of the most exciting contemporary urban areas, and we’re happy to be a part of it. It’s one of the BEST places in the United States for growth, jobs, and opportunity, even in tough times.  Whether you are looking for a luxurious oasis in the heart of the city, or a home of your own for the first time, Houston condos are a great buy right now – and a great variety to choose from.

Give us a call and we’ll show you the town – at least the parts of it where all the great Houston condos are. And remember, when you buy your Houston Condo with CondoDomain, we give you money back at closing.

The Houston Condo Loft to Go Live Soon.  Get ready for daily updates on the downtown Houston Condo market including all of the new developments.  Check in soon for the grand launch of The Houston Condo Loft

Washington place lofts are executive and very unique & impressive property. Washington place lofts have double entry doors,gothic-style private balcony with incredible downtown views. There are only 2 units per floor, stainless steel appliances, 2 bdrms, built-in wall closet, plus 2 add”l closets. master. bath .whirlpool tub & walk-in glass shower. refrigerator, washer, dryer, water & basic cable are also included! 2-car private tandem garage in Washington place lofts.

Tour Washington place lofts condo Today

Remember when you buy with CondoDomain in Houston you save thousands via our commission refund business model. On average our clients get back more than $10,000 cash back at closing! (Learn More)

Search: Houston Condos | Houston Lofts | Houston Real Estate Agent

Finance & Mortgage: For the lowest rates on your next Houston Condo check out our Exclusive Partner on our Finance & Mortgage page.

The Pine Hollow is a great home in an excellent location. Close to I-45, Shopping, Restaurants & Schools the Pine Hollow allow to enter in a nice wild centre. Posh backyard landscaping is fully fenced from it. It assigned 2 car parking.The lush pool area for the family to enjoy. The Pine Hollow one of Houston’’s architectural treasures, personal home of renowned architect Preston Bolton. Stunning Mid Century Modern design on high bluff above Buffalo Bayou is present here.It featured on CAMH and RDA home tours and in excellent condition. Amenities the Pine Hollow include sweeping open spaces planned for entertaining 2 or 200;10 to 12-ft. ceilings; domed skylights; walls of glass overlooking natural woodland; ample wall space for art display; copious storage; very spacious cook”’s kitchen. Classic architecture is timeless.

Tour The Pine Hollow condos Today

Remember when you buy with CondoDomain in Houston you save thousands via our commission refund business model. On average our clients get back more than $10,000 cash back at closing! (Learn More)

Search: Houston Condos | Houston Lofts | Houston Real Estate Agent

Finance & Mortgage: For the lowest rates on your next Houston Condo check out our Exclusive Partner on our Finance & Mortgage page.

The Mark is an attractive building situated at 3505,sage stof Houston. The Mark gives a nice breathtaking skyline views .It offers various facilities like :
-Sparkling swimmng pool and recreation area
-Business Centers
-Lush landscaped courtyard with reflection benches
-Soaring 10 foot ceilings
-Unified concrete construction
-”Ultra-Quiet” soundproofing system
-Private garages available
-Private storage available
-Restricted access bulding perimeter
-Smoke detectors
-Individual HVAC system
-Perimeter cameras
-High-speed traction elevators
-Full building coverage fire sprinkler system
The mark provide 24 Hour Staff, Concierge and valet service,Fully equipped cardiovascular fitness center
,Private alarm systemsand Ceiling fan in every bedroom.

Tour The Mark Today

Remember when you buy with CondoDomain in Houston you save thousands via our commission refund business model. On average our clients get back more than $10,000 cash back at closing! (Learn More)

Search: Houston Condos | Houston Lofts | Houston Real Estate Agent

Finance & Mortgage: For the lowest rates on your next Houston Condo check out our Exclusive Partner on our Finance & Mortgage page.