The US government has given the Texas department of transportation $15,000,000 to study the feasibility of high speed rail in Texas. There is a strong possibility that the route chosen will start with the tracks along highway 290. These tracks are ideal because they go in an east west direction. The railroads main traffic pattern from the Port of Houston is north. This allows for the rails to be used by commuter trains in the morning and afternoon. Freight trains would use the rails at other … [Read more...]
Archives for July 2011
Casino Night fundraiser benefiting the Houston Fire Museum
On behalf of the Houston Fire Museum and Firefighters everywhere, we would like to invite you to attend Casino Night at Saint Arnold’s Brewery, August 25, 2013, from 4-7pm. The HFM helps to educate children about fire safety at Tyke Town. The Museum’s mission is to educate our community as a way of increasing awareness of fires and how to prevent them. Children between the ages of 1 to 5 continue to die from fire related injuries each year. Homeland Security determined that children who are educated in fire … [Read more...]
Financial crisis has changed JUMBO LOANS
In the days before the Housing crisis lenders competed for Jumbo loan mortgages. Buyers were able to make documented loans by simply blowing on mirrors. The underwriter would see their breath had fogged the mirror and say they were approved. I had a client would was an Elvis impersonator. He said that he made a minimum of $500 a night and worked a minimum of 200 nights a year. His income tax did not agree with his bank account. No problem, the loan was approved for the full amount. Fast forward to today a … [Read more...]