With home values in North Texas up more than 40 percent in the last four years, I’m surprised foreclosure filings aren’t even lower. In the Dallas area, fewer than 1 percent of homes with loans have.
The banks would provide the loans. Plano and other North Texas cities were also targeted, as were Houston and other Texas locations. While Barry and his various straw buyers were then responsible.
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If you are buying a home in The Colony that needs minor or major upgrades, an FHA 203k Loan is one of many Texas rehab loan programs that includes funding for home renovation costs in the original loan amount, at the time of purchase.
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