Greg Pape
October 2019
"Service Above Self"

New Program Makes It Possible to Rent Tesla Solar Panels
Dreaming of Tesla solar panels but don’t want to pay the thousands of dollars out of pocket to purchase them? The company is now offering solar panels for rent in six states as it rolls out a test program: Arizona, California, Connecticut, Massachusetts, New Jersey and New Mexico. 
      With no upfront costs, homeowners now have a newly affordable opportunity to add Tesla solar power to their home. 
      How it works: Homeowners don’t pay for installation and can start the process with a small deposit—as low as $50, which covers the first month of service. The monthly cost is fixed, and includes the panels
Mortgage Rates
U.S. averages as of October 2019:

30 yr. fixed: 3.64%
15 yr. fixed: 3.16%
5/1 yr. adj: 3.38%

themselves, hardware, and ongoing support and maintenance.
      The systems come in three sizes: “In every eligible state except for California, Tesla will
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Can’t Afford to Buy a Home? Have You Looked Into Down Payment Assistance?
     What’s the No. 1 reason renters fear taking the leap to homeownership or don't even think the leap is possible? That pesky down payment. Even with an FHA loan that requires a minimum of only 3.5% down, the idea of setting aside several thousand dollars is daunting at the least (and, in many cases, darn near impossible).
      A survey from Apartment List shows that most millennial homebuyers can’t come up with the funds for a down payment. "Seventy-two percent of millennial renters who plan to purchase a home cite affordability as a reason that they are delaying homeownership, with 62 percent pinpointing a lack of down payment savings specifically,” they said. "Forty-eight percent

How to Get a Jump on Fall Home Projects
     Starbucks just released a new pumpkin flavored drink and the Halloween gear is starting to replace the patio furniture outside the supermarket. That must mean fall is near. If you’re anything like us, the first freeze hits us and we remember all those projects we wanted to do and never started—projects that will help protect our house and make it run more efficiently. This year, we’re starting early to get our house ready for the cold, and you can too. 
      Consider your window coverings Conventional wisdom says you should trade out your lightweight draperies for something more substantial for the colder seasons. But sheers are great in fall and winter. Letting some sunlight trickle through can help heat the home while still providing privacy, and they can be added to any window, regardless of the type of treatment you already have. 
      Mulch. That. Yard.  "Should you

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Mortgage Rates Today

Regardless of one’s political leanings, housing is a topic that affects us all. Many of us face challenges in meeting housing costs, whether it is renting or owning a property, because  it has become more and more difficult for people to find affordable housing.  Some factors that cause this issue is that wages have stagnated and building costs have increased; thus, leading  the number of Americans burdened by housing costs increasing by almost 14 million in the last 30 years, and almost half of renters now pay more than half of their income on rent.



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First Time Home Buyers: Your Six Month Plan
You Might Still Qualify as a First Time Buyer–Even If You’ve Owned a Home Before
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Greg Pape,Broker-Associate
Allie Beth Allman & Associates
5015 Tracy St. #102 Dallas,Tx 75225

Equal Housing Opportunity

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