Don Burns Team- Houston Real Estate

Once Harvey is gone and life gets back in track. Saxonwood Ct Property has something big to offer This stunningly beautiful home on a 3/4 acre treed corner lot on a cul de sac street in a great neighborhood with many lakes and a community horse barn. There is a living room, dining, study, a huge game room/theater room, a family room open to the kitchen and breakfast room. The master closet is gigantic with a vanity dressing and a safe. Outdoor accent lighting. Large pool and spa. Outdoor kitchen and covered patio finish off the space for easy summer living enjoyment. & room for your pets.  DON BURNS TEAM- REAL ESTATE as one of the TOP 500 Top Producing Teams/Individuals in Texas CDPE, CRS, ePRO® www.donburns.com http://www.har.com/donburns don@donburns.com (281) 491-6274 (281) 734-8715 Houston, Texas Sugarland, Texas Richmond, Texas Missouri City, Texas Katy,Texas

Once Harvey is gone and life gets back in track. Check out this Beautiful home. Bring your buyers. Cozy  home ready for you to move in. Freshly painted. New wood floors in formal living and dining rooms and stairs and bedroom hallway. New carpet in bedrooms. Granite in kitchen and powder room. Great neighborhood. Only 2 blocks to the swimming pool and Settlers Way Elementary. Also close to the middle school. http://www.har.com/donburns/listing_detail/38164446 DON BURNS TEAM- REAL ESTATE as one of the TOP 500 Top Producing Teams/Individuals in Texas CDPE, CRS, ePRO® www.donburns.com http://www.har.com/donburns don@donburns.com (281) 491-6274 (281) 734-8715 Houston, Texas Sugarland, Texas Richmond, Texas Missouri City, Texas Katy,Texas

A home equity line of credit, HELOC, is a mortgage loan made to homeowners to be used on an as-needed basis. A lender, such as a bank, will approve a borrower for a specified amount based on the equity in their home and all the necessary paperwork is signed to authorize the loan. The line of credit amount is available to the borrower and no interest is due until some or all the money is used. When the money is paid back, the line of credit is again available in full to the borrower. The specifics of the repayment will depend on the HELOC lender. It may require interest only or it may require amortized payments of principal and interest. The proceeds from a HELOC can be used to make improvements on the home or anything else such as medical expenses, college tuition or unexpected expenses or other liquidity issues. Unlike personal credit card interest, the interest on a HELOC may be tax deductible. Your tax advisor will be able to let you know about your situation. Rates and fee

Appreciation, tax advantages, cash flow, leverage and equity build-up contribute to the rate of return on rental real estate. If that sounds confusing and it’s keeping you from investing in rentals, try looking at it a different way. Consider this, look at only cash flow and equity build-up to determine whether to buy the property. They are easy to calculate and their outcomes are both reliable and predictable. Most homeowners, based on their familiarity with their own home, should feel more comfortable with a rental than alternative investments. A conservative strategy is to purchase slightly below average price range homes in a predominantly owner-occupied neighborhood. Collect the rent, pay the bills and make necessary repairs. A cash on cash rate of return is determined by dividing the cash flow before taxes by the cash invested in the property. It considers all of the “real world” income and expenses related to the property. The equity build-up occurs from the normal pr

If you haven’t heard of a CLUE report, it has nothing to do with the table game searching for a murderer. It is a report showing the insurance claims on your home and car for the past five to seven years. This database is used by insurance companies to evaluate risks and determine rates. C.L.U.E. stands for Comprehensive Loss Underwriting Exchange. Rates can be increased not only due to legitimate claims but data entry errors also. Sometimes, simply asking a question without filing a claim can be logged as a claim. For that reason, similar to verifying the accuracy of your credit report, it is important to check out the   CLUE report   on your home and car. The reports are free and there is a process for correcting mistakes. An interesting and sometimes costly surprise occurs during the home buying process. The claim experience of the prior seller could impact the price of the premium of the new buyer. For that reason, you can ask for a copy of the CLUE report on the home you’re

For Sale on this Luxurious and Captivating Home ready for you to move in. Freshly painted. New wood floors in formal living and dining rooms and stairs and bedroom hallway. New carpet in bedrooms. Granite in kitchen and powder room. Great neighborhood. Only 2 blocks to the swimming pool and Settlers Way Elementary. Also close to the middle school. You need to see this one today! 3 Bedroom 2.5 Bathroom Built 1982 2 Stories Home Lot size =6,103 sq.ft Call for showing! (281) 734-8715 http://ow.ly/sjvM30eCH4b DON BURNS TEAM- REAL ESTATE as one of the TOP 500 Top Producing Teams/Individuals in Texas CDPE, CRS, ePRO® www.donburns.com http://www.har.com/donburns don@donburns.com (281) 491-6274 (281) 734-8715 Houston, Texas Sugarland, Texas Richmond, Texas Missouri City, Texas Katy,Texas

What your home is worth depends on why you ask the question. It could be one value based on a purchase or sale and an entirely different value for insurance purposes. Fair market value is the price a buyer and seller can agree upon assuming both are knowledgeable, willing and unpressured by extraordinary events. This value is generally indicated by a comparable market analysis done by real estate professionals. Insured value is determined for insurance coverage. Homeowner policies typically have replacement clauses in them and the cost of demolition, new construction and the added complexities of matching existing construction could exceed the cost of new construction. Investment value is based on the income it can generate during its useful life. This value is dependent on what kind of yield an investor requires to capitalize the value over time. The formula for this is to divide net operating income by the capitalization rate required by the investor. The assessed value of

Absolutely Gorgeous Home on Cul De Sac Street in Missouri City with Pool and Spa. -Sparkling pool and spa for summertime fun. -Wood floors in living room and dining room and the master bedroom. -Cozy den with a fireplace that's open to the kitchen and breakfast room. -The master bedroom is huge and the bath has a garden tub and a separate shower. -The utility room is up stairs and convenient to the bedrooms. -The back yard is made for entertaining and for fun. Call for showing! (281) 734-8715 http://www.har.com/donburns/listing_detail/58280913 DON BURNS TEAM- REAL ESTATE as one of the TOP 500 Top Producing Teams/Individuals in Texas CDPE, CRS, ePRO® www.donburns.com http://www.har.com/donburns don@donburns.com (281) 491-6274 (281) 734-8715 Houston, Texas Sugarland, Texas Richmond, Texas Missouri City, Texas Katy,Texas

-Beautiful two story home -With pool, spa, fireplace, hardwood floors, and more. -Island kitchen, -formal living room with wet bar -dining room -game room -den and sun room. -PLUS a one bedroom, one bath apartment above the garage accessible to the house and it has a private entrance. -Lots of upgrades in the house. -Only one block to the elementary school. -Built in 1983 -Traditional Style Single Family -2 car garage attached -Harris County Call for more info! (281) 734-8715 http://www.har.com/donburns/listing_detail/5134488 DON BURNS TEAM- REAL ESTATE as one of the TOP 500 Top Producing Teams/Individual in Texas CDPE, CRS, ePRO® www.donburns.com http://www.har.com/donburns don@donburns.com (281) 491-6274 (281) 734-8715 Houston, Texas Sugarland, Texas Richmond, Texas Missouri City, Texas Katy,Texas

-Multi- Family in Houston, Texas -Built 1925 with 4,400 sqft -Great Investment Rental Property -It is one of the best locations near Downtown -The area is has access to Hwy 45 and 59. -3 units in all, -a duplexes and a garage apartment. -Both of the units in the duplex have long term leases. -One has 3 bedrooms and 2 baths -the other has 2 bedrooms 1 bath and a sun room. -Hardwood floors in both units. -100% leased - The garage apartment is leased as well. Please contact us(281) 734-8715 for more information and Don Burns will speak with you Don Burns Team is one of the Top 250 Top Producing Teams and Individuals in the whole state of Texas DON BURNS TEAM- REAL ESTATE CDPE, CRS, ePRO® www.donburns.com http://www.har.com/donburns don@donburns.com (281) 491-6274 (281) 734-8715 Houston, Texas Sugarland, Texas Richmond, Texas Missouri City, Texas Katy,Texas

-This stunningly beautiful home on a 3/4 acre treed corner lot on a cul de sac street in a great neighborhood with many lakes and a community horse barn. -There is a living room, dining, study, a huge game room/theater room, a family room open to the kitchen and breakfast room. -The master closet is gigantic with a vanity dressing and a safe. -Outdoor accent lighting. Large pool and spa. -Outdoor kitchen and covered patio finish off the space for easy summer living enjoyment. & room for your pets. http://www.har.com/donburns/listing_detail/888386 DON BURNS TEAM- REAL ESTATE CDPE, CRS, ePRO® www.donburns.com http://www.har.com/donburns don@donburns.com (281) 491-6274 (281) 734-8715 Houston, Texas Sugarland, Texas Richmond, Texas Missouri City, Texas Katy,Texas

Whether you’re refinancing your current home or buying a new one, something worth considering is a 15-year loan rather than a 30-year term. The payments will be a little higher but you’ll get a lower interest rate and you’ll build equity much faster. Let’s look at an example of a $300,000 mortgage with the choice of a 30-year term with a 3.92% rate compared to a 15-year term with a 3.2% rate. The payments would be $682.28 higher on the shorter term but the equity would be considerably higher even after you adjust for the higher payments. Another benefit is that the shorter-term loan creates a forced savings situation where the savings on longer term loan might end up being spent rather than being saved and invested.  A conscious decision to pay more in payments could pay big dividends in the future. DON BURNS TEAM- REAL ESTATE CDPE, CRS, ePRO® www.donburns.com http://www.har.com/donburns don@donburns.com (281) 491-6274 (281) 734-8715 Houston, Texas

During the banking crisis in the Great Recession, certain types of mortgages were unavailable that are once again being offered. Fortunately, the 80-10-10 mortgage is one of those making a reappearance and it can save borrowers a considerable amount of money. The objective of an 80-10-10 mortgage is to avoid the expense of mortgage insurance for buyers wanting a 90% loan. A buyer can obtain an 80% first mortgage and a 10% second mortgage with a 10% down payment and not be required to have private mortgage insurance. For example, a buyer could put $30,000 down on a home priced at $300,000 and get an 80% first mortgage without mortgage insurance. The borrower could get a second mortgage, either through the same lender or a third party. In the example, the 80-10-10 would save a buyer $193.71 per month which can be a considerable amount of money over a ten-year period. The interest rate on the second loan will be higher than the first because there is more risk. Helping buyers make

This stunningly beautiful home on a 3/4 acre treed corner lot on a cul de sac street in a great neighborhood with many lakes and a community horse barn. There is a living room, dining, study, a huge game room/theater room, a family room open to the kitchen and breakfast room. The master closet is gigantic with a vanity dressing and a safe. Outdoor accent lighting. Large pool and spa. Outdoor kitchen and covered patio finish off the space for easy summer living enjoyment. & room for your pets. http://ow.ly/VQWX30ejkKB DON BURNS TEAM- REAL ESTATE CDPE, CRS, ePRO® www.donburns.com http://www.har.com/donburns don@donburns.com (281) 491-6274 (281) 734-8715 Houston, Texas Sugarland, Texas Richmond, Texas Missouri City, Texas Katy,Texas

Rental homes are the IDEAL investment because they offer a higher rate of return than other investments without the volatility of the stock market. With certificates of deposit and bonds at less than 2%, people need an alternative investment that they understand and with a reasonable amount of control. In this case, IDEAL is an acronym identifying the advantages of rental properties. Income from the monthly rent contributes to paying the expenses and a return on the investment. Depreciation is a non-cash deduction that shelters income for some investors. Equity buildup occurs with amortized mortgages because each payment is composed of interest owed and principal reduction to retire the loan by the end of the term. Appreciation is achieved as the value of the property goes up. Leverage can increase the return on investment by using borrowed funds to control a larger asset. These individual benefits working together make rental real estate a good investment for today’s econo

-Beautiful two stories home -With pool, spa, fireplace, hardwood floors, and more. -Island kitchen, -formal living room with wet bar, dining room, game room, den and sun room. -PLUS a one bedroom, one bath apartment above the garage accessible to the house and it has a private entrance. -Lots of  new upgrades in the house. Only one block to the elementary school. -5 Bedroom and 3.5 bathroom -2 car garage attached -Traditional Style -Built in 1983 with 7989 sq. ft Contact me directly at (281) 734-8715 Don@DonBurns.com or visit http://www.donburns.com if you're looking to lease, buy or sell a home in Houston, Katy, Missouri, or Sugar Land https://www.youtube.com/watch?v=NbehGYFsxmw Call for showing! (281) 734-8715 DON BURNS TEAM- REAL ESTATE CDPE, CRS, ePRO® www.donburns.com http://www.har.com/donburns don@donburns.com (281) 491-6274 (281) 734-8715 Houston, Texas Sugarland, Texas Richmond, Texas Missouri City, Texas Katy,Texas