ARCTIC ICE

They say that arctic ice is melting, and we may be able to sail to the north pole unobstructed! If that's the case, maybe we can drill for oil and bring the price down!

At any rate, a five or ten minute commute to work sounds good, doesn't it? A ten minute round trip to the store for milk burns only a little fuel. Got a 7:30 reservation for dinner? Well, you can leave at 7:20 and be there in plenty of time. Not in your city?? How about ours?

Tyler Texas real estate, http://www.johncmartin.com/, can find you an absolutely gorgeous home, nicer than yours and at a fraction of the price, that will save you hundreds in fuel costs. All you have to do is sell yours and buy ours! We can help on this end.

FORECLOSURES

Texas foreclosures are down 11.4% from 2007 figures. Most of those are in the three major cities, and most of those were low income, low credit rating folks who couldn't afford the properties they bought. That's not to say that the mortgage brokers who sold them on the mortgages weren't at fault, but buyers shouldn't be released from biting the bullet. They bought what they shouldn't have bought.

The professional mortgage brokers we deal with at http://www.johncmartin.com/ seek the very best for our customers.

HOMES FOR SALE

We have about ten percent more homes for sale in Tyler Texas than we would normally have. Some are luxury homes; some are lake homes; some are golf course homes. But most of them are the average priced homes in the $150,000 to $175,000 range. These, of course, would be your "average" priced homes at about $600,000 in many other places! In some places they would be priced at a million or better. So sell yours, and buy one here. Put the rest of the money in the bank. Buy a boat and sail around Lake Tyler.

FHA

Most buyers who need a new loan are having to apply through the FHA. And that is a real pain. But now the FHA is required to give everybody the same interest rate, no matter what the credit score is! So, if you qualify as able to pay the monthly note, you get the loan.

For folks with lower credit scores, the FHA "same rate for everybody" policy means that they get a much lower interest rate than they would had they applied for a conventional mortgage. And you get into your home with only 3% down should you have very little money. And the interest rate is very good!

With this scenario, buying a home today means going to the FHA for the loan. And the process is tedious.

Be that as it may, http://www.johncmartin.com is ready to help you, no matter how you wish to buy.

OIL AND HOUSING

Well, last week was a tough week, wasn't it? Oil is pushing up close to $140 a barrel; foreclosures are up in some markets; FHA seems to be the lender of choice for homes due to its interest rate for every borrower, no matter what their credit score is.........

All three of those are "dings" on the market. And they are, indeed, slowing things. However, there's always an answer. http://johncmartin.com has answers.

Move to Tyler, Texas. That's the answer. Drive five or ten minutes to work, rather than an hour where you are. Buy a home or a ranch for the money that's a small percentage of the one you live in. Put the rest in the bank. Work in your garden, or go fishing.

Are those not "answers"?

RADICAL CHANGE?

There's a chance here that our next chief executive may be far to the left - maybe even radical. Batten down the hatches and buckle your seat-belts. It might be a scary ride. But it would certainly be less risky to be sequestered in the piney woods of East Texas. Come on down, and let's talk. http://www.johncmartin.com