Elena Garrett, Realtor in Dallas Texas - My Blog

Residential and Investment Properties in Dallas - Fort Worth

Elena Garrett, Realtor in Dallas Texas - My Blog

DSCR Loans For Rental Properties

In this insightful session, we dive deep into the realm of Debt Service Coverage Ratio (DSCR) Loans, a pivotal concept for anyone looking to step foot into property investment. This video is more than just a tutorial; it’s a treasure trove of expert advice, practical examples, and answers to pressing questions that every investor, novice or seasoned, needs to know.

Realtor Commission Lawsuit and What it Means for Home Buyers and Seller (Sitzer-Burnett Lawsuit)

Are you ready for a real estate shake-up? Hold on tight because the game is changing, and it’s hitting home buyers and sellers where it hurts the most – their wallets! Get this: a legal bombshell called the Sitzer-Burnett lawsuit just dropped right before the Thanksgiving holidays, and it’s turning the real estate world upside down.

Father’s Day Reflection: Financial Planning for Modern Day Fathers

by Elena Garrett, June 16, 2023 Financial wellness is crucial for fathers, and it’s important to consider various strategies to secure their future and the well-being of their families. Budgeting and Planning: Create a comprehensive monthly budget to manage income and expenses effectively. This will lay the foundation for your Read more…

A Mother’s Day Gift That Lasts A Lifetime

Celebration of Mother’s Day typically comes with bouquets of flowers, boxes of chocolates, fruit baskets, photo frames, and other cute but meaningless gifts that rarely address the true financial and personal sacrifices that women and mothers do for their families. This year, consider doing something more meaningful and more unique. Read more…

Protect Your Mortgage & Your Income Security

A well-designed insurance policy can pay off the entire remaining balance of your mortgage, as well as cover the costs of other living expenses for your family in the event any of the following happens to you or your spouse:
long-term disability
critical illness (such as cancer, heart attack, stroke, organ failure, loss of mobility, etc)
terminal illness
serious illnesses preventing employment for 90 days or more

Applying for a Homestead Exemption in Texas

The completed application and required documentation are due no later than April 30 of the tax year for which you are applying.

Credit Score-Based House Purchase Options

Ok, so you are tired of renting. But what should be your next step? Should you rent-to-own? Or buy using seller financing? Or apply for a mortgage? Or keep renting? What do all those terms mean? Which one is better for you? Nothing is absolute, but we can set some Read more…

Buying a house with ITIN

Buying a house with ITIN in North Texas

Most bank loans require the applicant to have an SSN number to apply. But what if you only have an ITIN number? You can still apply for a 30-year conventional (Fannie Mae) mortgage loan. What is typically needed to get approved for a loan using ITIN card? passport or matricula Read more…

Divvy Homes Rent-to-Own Program in Texas

Many people are feeling the pinch of today’s home market prices in DFW. Credit issues, no downpayment, lack of cash to bid over the asking price on homes – all of these factors contribute to many people renting and watching the home prices rise. Feel like you cannot win in Read more…