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Hot - 3851C Elder Hill Rd (Lot Only)

$249,900 Great Value

Photo of 3851C Elder Hill Rd, Dripping Springs, TX, 78620.

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Address: 3851C Elder Hill Rd	City/ST: Dripping Springs, TX	Zip Code: 78620
Location: Dripping Springs	Property Type: Land	New or Resale: Resale
MLS# 5317269

Exclusive, 5 lot, gated, hilltop enclave adjoining Driftwood Vineyard! 7.5 to 9.5 ac. sites with paved, private drive & undergroud utilities. Site has strong potential for a significant pond below homesite with distant 10 mile views beyond!

Last Updated: 9/8/2010 12:14:21 PM

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Financing Your Home >Mortgage Fears

It is not unusual for home buyers to feel that the lender is being very critical during the loan approval process. The buyer is required to provide all kinds of financial information, and then the lender asks for more. If this is your experience, and the process seems discouraging, remember that none of this is personal!

Some lenders have more stringent requirements than others, but every lender requires a substantial amount of documentation on a mortgage loan. They must verify employment, credit history, and recent financial transactions involving your liquid assets. If your Visa payment was late, they may ask for a letter explaining why. If you are self-employed, they will ask for tax returns from at least three years and probably a year-to-date profit and loss statement.

Government regulations require mortgage companies to document everything. And while the loan officer may know that you are a reliable risk, the underwriters must be able to defend the loan to a federal bank examiner or auditor.

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Q	What is the world's largest palace?
A	The Imperial Palace (Gugong) in the center of Beijing, China covers over 178 acres and dates back to the early 1400s.
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Jeff Coffman, REALTOR�, real estate agent and broker for Dripping Springs, Austin and Driftwood, Texas home listings, property and land for sale

Jeff Coffman
Keller Williams
333 e. hwy 290
Dripping Springs, TX 78620
512-894-4043
Fax: 512-697-2843
jeffcoffman@BestImageAgent.com

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