Rockwall Real Estate Alert! – Weather Requires Final Inspections – Episode 186
HUD is requiring this..
This Just In – Weather Related:
Final Inspections will be required in the following counties for all properties that were appraised Prior to September 6th, 2010 –
Bastrop, Bee, Bell, Bexar, Blanco, Burnet, Caldwell, Cameron, Collin, Comal, Coryell, Dallas, Dewitt, Ellis, Fannin, Fayette, Gonzales, Grayson, Guadalupe, Hays, Hill, Hunt, Jim Wells, Johnson, Karnes, Kaufman, Kendall, Kenedy, Kleberg, Lavaca, Live Oak, McLennan, Medina, Navarro, Nueces, Rockwall, Tarrant, Travis, Willacy and Williamson
Expect to see the following condition for closing out your loan:
Final Inspection Required Due to Disaster Proclamation for the Subject County
“We have seen stuff like this before down in the Houston area or along coast after a hurricane or tropical storm – and I know exactly what you are thinking – massive over-kill of a requirement – and I agree – but I can see they want to make sure they don’t end up insuring a house they thought was one way and is actually now without a roof (yes, this is related to those tornadoes a couple weeks ago) – and the final inspection would prove that to them,” said Harold Smith of Inwood Bank.

For more info:
www.TheMattesonGroup.com
Coldwell Banker Apex, Realtors
214.405.3640
Your trusted real estate advisors providing a joy filled experience!
2010 Rockwall County School Ratings – Go Rockwall ISD!
Ratings are in for Rockwall County (among others) schools and we have something to be proud of, yes we do! Thanks to all the teachers and administration!
Read MoreRockwall County is the 3rd Growing County in the United States
North Texas continues to be a people magnet. The Dallas-Fort Worth area added more new residents last year than any other metropolitan area in the country, according to U.S. Census Bureau data released Tuesday. The region attracted nearly 147,000 people during a 12-month period starting in July 2008, topping the Houston metropolitan area, which ranked second with an additional 141,000 residents.
Helping to fuel the North Texas growth is Rockwall County, which was the third-fastest-growing county in the country during the last decade. According to the new numbers, its population has nearly doubled since 2000. Not far behind was Collin County, which ranked No. 13, growing more than 60 percent.
“Texas growth has been simply phenomenal this past decade,” said Steve Murdock, a professor at Rice University and a former U.S. Census Bureau director. Good jobs and a better-than-elsewhere economy are drawing people to Texas, experts say. And newcomers and old-timers alike are moving to suburban counties such as Rockwall and Collin for bigger houses and better schools – and to escape aggravating urban traffic.
Rockwall County was practically rural 10 years ago, with just 43,000 residents.
Now the county east of Dallas has 81,000 people and every type of shop and restaurant imaginable, County Judge Chris Florance said. “Once you get out here, all the amenities that people want are here,” he said. “No one has to go into Dallas anymore to find what they need.” To help plan for the future, Rockwall County residents recently passed a $100 million referendum to improve their most congested roads. “If you don’t build it, they’re going to come anyway,” Florance said.
Several other North Texas counties were home to the biggest county population jumps over the past decade. On the top 100 list, Denton was ranked 27th, while Kaufman was No. 40 and Ellis was No. 79. Other Texas counties ranking high include Williamson and Hays near Austin and Fort Bend and Montgomery near Houston.
The state’s economy and housing market, which have been better off than other states, are helping to fuel population growth, demographers say. “We have had a very vibrant economy with a diverse set of industries,” Murdock said. “When you have the kind of population growth we’ve had, you don’t have it without having economic growth.”
Texas’ robust population increase – it’s the fastest-growing state – means it’s bound to add at least three new seats in Congress after the 2010 census. The state will probably be home to more than 25 million people in the count, Murdock said. But don’t just credit the state’s population growth to newcomers moving to Texas. The state also has high fertility rates and a low mortality rate, said Lloyd Potter, director of the Texas State Data Center, which studies population trends. “Remove all types of migration from the equation and Texas would continue to grow,” he said.
Fastest-growing counties in Texas, U.S.
Several Texas counties (in bold) were among the country’s 40 fastest-growing in population over the last decade.
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Article Source: dallasnews.com
Read MoreRockwall County Foreclosures Down From Last Year!
The November 2007 foreclosures in Rockwall County when compared to the Rockwall County foreclosures of 2006 went down by 23%. Rockwall was the only market in the area that saw this great development (Dallas and Collin County were both up with Collin being up 32%).
In 2006, 64 properties were posted while in 2007 only 49 were posted. This actually reflects a 41 percent decline when compared with October 2007 and a 2% decline over 2005 as well.
GOOD NEWS for Rockwall.
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