Construction Progress at Grass Court in Southlake, TX

Creative financing: You’ve heard of it, and, as a seller, the idea sounds pretty attractive. But, do you know everything you need to know about carrying back a second; essentially, about becoming a lender? You better know the same things that financial institutions know – you better know about lender’s title insurance. It’s time to…

Custom homes offer the unique opportunity to create the home of your dreams. However, the process of designing and building a custom home can seem overwhelming. That’s why J. Lambert Custom Homes is here to guide you every step of the way. Designing and Constructing Your Dream Home Step 1: Finding the Right Lot The…

An increase in foreclosure rates will inevitably bring with it an increase in short sales. But what is a short sale? A short sale happens when you sell your house for less than your remaining mortgage balance, the proceeds of which go to the lender and in return the lender forgives the remaining balance. Selling…

Building a new home can be an exciting and rewarding experience, but it can also be overwhelming and stressful. As a home builder, J. Lambert Custom Homes understands the importance of preparing for your new home and what to expect during the home building process. In this blog post, we will discuss the key steps…

An adjustable rate mortgage (ARM) has an interest rate that fluctuates periodically. This is in contrast to a fixed rate mortgage, which always has the same interest rate. Every ARM has basic components: An index A margin Adjustment Period An interest rate cap An initial interest rate THE INDEX An ARM’s interest rate is tied…