In the prime location of East End Revitalized is this lovely free standing home. The Karina floor plan boasts all of Drake Homes signature features. 4 bedrooms and 3 full baths over 1,991 sq/ft of living space. This home provides a side/rear patio and windows throughout. Entire 1st, 2nd & 3rd floors have CUSTOM ORNATE solid oak hardwood flooring with granite/tile selections in kitchen and wet areas. 2nd floor open living plan w/ master retreat on 3rd level.
Recently listed, 5427 Camaguey Street is under construction but we have a cool photo of what is shaping up to be a great living area. This home is our new Luis Floor Plan (coming soon!) with 3 bedrooms and 2 1/2 baths in a great looking 2 story home.
Come experience the quality and take a tour of our furnished model home at 5439 Holguin Hollow Street, Houston, Texas, Thursday through Sunday, Noon till 5:00 PM.
Contact our in house sales agent to schedule an appointment to review specs and floor plans. Please reference 5365 Lawndale for GPS map instructions.
This an opportunity to make a Phase Two pre-construction purchase on your dream home. Our unique craftsman style homes are situated in a fantastic location with easy access to Downtown, I-45 / I-59 & I-10. Our homes are built with pride and all feature comfortable back yards, beautiful hand laid solid Oak Hardwood flooring, premium Granite / Silestone surfaces & Samsung chef grade kitchen appliances.
Come experience the quality and take a tour of our furnished model home at 5439 Holguin Hollow Street, Houston, TX, 77023 this Saturday and Sunday, Noon till 5:00 PM.
Ray Javaherian: (281) 224-7636 Informes en Español: (713) 598-8546 Email: Ray@areHouston.com
Home ownership is one of the most common goals that many people have to build their financial wealth over time. Investing in real estate can allow you to build equity with a property that you buy. If you want to determine if you’re financially ready to buy a new home, there are a few steps you’ll need to take.
Assess All of Your Debt
Assessing your debt is necessary to determine if you can afford to buy a home. Lenders will evaluate your debt-to-income ratio, which should be less than 43 percent of your income to ensure that you can continue to make your mortgage payments each month.
Improve Your Credit Score
Your credit score is one of the main factors that lenders evaluate when determining if you’re qualified for a home loan. Your credit score is a reflection of how well you manage your personal finances and if you’ll make your mortgage payment on time each month. Lenders require a credit score of at least 640. Those who have a credit score above 700 will be eligible for the lowest interest rates that are available.
You can improve your credit score by paying off remaining balances on your accounts and avoiding late payments. Paying more than the minimum amount required can also allow you to boost your score quickly. Avoid closing any of your accounts, which can have a negative impact on your score because it can shorten the amount of time you’ve had the credit history.
You can improve your credit score by paying off remaining balances on your accounts and avoiding late payments. Paying more than the minimum amount required can also allow you to boost your score quickly. Avoid closing any of your accounts, which can have a negative impact on your score because it can shorten the amount of time you’ve had the credit history.
Save for the Down Payment and Closing Costs
You’ll be required to make a down payment on the home that you purchase to secure the property. The amount of money that you put down can influence your interest rate and will also determine how much you pay on the home loan each month. The amount of money that is required for the down payment depends on the type of loan that you obtain.
As a first-time home buyer, you can obtain an FHA loan, which only requires putting down at least five percent of the selling price of the home. If you plan to buy a house in a rural area, you can obtain a USDA loan, which doesn’t require a down payment. VA loans also don’t require a down payment.
Conventional loans require 20 percent of a down payment of the selling price of the house. There are many benefits of paying 20 percent, which includes not being required by your lender to pay for homeowner’s insurance. There’s also lower upfront fees, a lower monthly payment, more equity on your home, and lower on-going fees.
Extra Money
In addition to the down payment, you’ll also need to save extra money for the closing costs. Closing costs include attorney fees, loan orientation fees, taxes, surveys, credit report charges, title searches, title insurance, and discount points.
These are just a few steps you can take to help you buy your dream home!
Disclaimer: All content is for informational purposes only and does not constituent any agreements, legal information or guarantees for home purchase.
Open House for this week is Thursday – Sunday | 12:00 PM till 5:00.
Our newest listing can be seen at 5411 Camaguey Street, The Asa Floor Plan, offering 1,447 SqFt of living space.
Oaks Of Lawndale is situated in a great location with easy access 5-minute access to Downtown, I-45 / I-59 & I-10. The homes in our gated community are built with pride and all feature beautiful hand laid solid Oak Hardwood flooring, premium Granite / Silestone surfaces, designer wet areas with open floor plans & Samsung chef grade kitchen appliances.
Gabriella Floor Plan by Drake Homes Inc., only at Oaks Of Lawndale!
Contact Ray Javaherian to schedule an appointment to review specs and floor plans: Ray Javaherian: (281) 224-7636 Informes en Español: (713) 598-8546 Email: Ray@areHouston.com
Please reference 5365 Lawndale, Houston, Texas for GPS map instructions. See you soon!
Drake Homes Inc - Blog 