Wednesday, August 15, 2007

GOVERNMENT BACKED MORTGAGES

Government backed mortgages are capped at $417,000, so the secondary market isn't keen on buying them. So the high-end properties aren't doing well for those who need to secure loans. Tyler Texas real estate is still very active, but we have an abundance of more expensive properties right now, as many other communities have. There are some excellent buys in and around the city, especially for those who don't need a mortgage, and for those who don't need more than the capped amount. Check it all out on http://www.johncmartin.com/ and email me to find your dream home in Tyler, Texas.

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