We change lives by bringing people together!

News

Edinburg Chamber of Commerce & Congressman Gonzalez Honor Retired Colonel Norris Overly

The Edinburg Chamber of Commerce welcomed Congressman Vicente Gonzalez as the program speaker during the Public Affairs Luncheon. The event welcomed over 250 business and civic leaders on October 30 at the Edinburg Conference Center at Renaissance.  Congressman Gonzalez provided an update on several issues that he is focusing on while serving in Congress. His focus continues to include improved services for veterans, solutions for the border wall and immigration concerns.  

Prior to addressing the guests, Congressman Gonzalez made a special presentation to a veteran who served during the Vietnam War.  Retired Colonel Norris Overly (U.S. Air Force) was invited by the Edinburg Chamber of Commerce as a special guest to lead guests in the Pledge of Allegiance.  Congressman Gonzalez presented Colonel Overly with a United States flag flown over the nation’s capital in his honor. He was also presented with a certificate commemorating the event.

Colonel Overly is a decorated Vietnam Veteran who was held as a Prison of War.  Colonel Overly flew missions in a B-57 Tactical Dive Bomber during the Vietnam War while based out of the Philippines. He was part of the 13th Tactical Air Command Bomb Squadron and was shot down on September 11, 1967 during a late night mission.  

Upon his capture, he was transported and held as a Prisoner of War at the Hanoi Hilton and listed as Missing in Action throughout his captivity.

During Colonel Overly's captivity, Navy airman John McCain was shot down and became his cell mate.  Senator McCain credits Colonel Overly with saving his life during his captivity in Hanoi, as his physical injuries were life threatening during that time and Colonel Overly cared for his well-being.

After a year in captivity, Colonel Overly was released and returned to the United States where he was reunited with his wife, Ruth, and two children, Debbie and Mike.  

Colonel Overly attended the National War College in Washington DC and continued his military career as a full Colonel until his military retirement at the age of 48.  For his service, he was awarded the Purple Heart and the Silver Star.

Shortly after retiring at the age of 59 from a civilian job in California, Colonel Overly and his wife Ruth moved to Texas to be closer to their family.  They have called the Rio Grande Valley their home for the past 22 years.

Elva Jackson Garza, (Edwards Abstract and Title Co.) Mistress of Ceremonies commented “Thank you Colonel Overly for your service to our country and we truly appreciate that you have joined us today. You are such an inspiration to all of us.”

Attending the Public Affairs Luncheon were Colonel Overly’s wife Ruth, his daughter in law Sandy and his son N. Michael Overly who is the Chief Financial Officer and Chief Operating Officer for Edwards Abstract and Title Co.

The Public Affairs Luncheon was made possible by the generous support of the following sponsors: Edwards Abstract and Title Co. the  Title Sponsor; Linebarger, Goggan, Blair & Sampson, L.L.P.; Doctors Hospital at Renaissance and PlainsCapital Bank – Diamond Sponsors and the Silver Sponsors were The University of Texas Rio Grande Valley and Greater State Bank.

For more information on the upcoming P.A.L. or other programs, please contact the Edinburg Chamber of Commerce at This email address is being protected from spambots. You need JavaScript enabled to view it. or 383-4974.

2017 Colonel Overly Group Pic The Edinburg Chamber of Commerce Board of Directors are joined by the Public Affairs sponsors, board members, city officials and special guest Retired Colonel Norris Overly. Pictured are (1st row l-r) Byron Jay Lewis, Edwards Abstract and Title Co.; Council Member David Torres; Michael Overly, Edwards Abstract and Title Co.; Colonel Norris Overly; Congressman Vicente Gonzalez; Former Mayor Richard Garcia; Alex Rios, Chairman of the Board (Kid’s Kollege Learning Center) Michael Willamson, PlainsCapital Bank and Hiren Govind, Best Western Plus – Edinburg Inn & Suites. Second row: Hidalgo County Clerk Arturo Guajardo, Jr.; Elva Jackson Garza, Edwards Abstract and Title Co.; Letty Gonzalez - President, Edinburg Chamber of Commerce; Jacob De Leon, Memorial Funeral Home; Kelly Salazar, Linebarger, Goggan, Blair & Sampson, L.L.P; David Franz, Linebarger, Goggan, Blair & Sampson, L.L.P; Mario Lizcano, Doctor’s Hospital at Renaissance; Dina Araguz, International Bank of Commerce and Tito Salinas, Linebarger, Goggan, Blair & Sampson, L.L.P. Not pictured are Greater State Bank and the University of Texas RGV representatives.

Edinburg's newest residential subdivisions

FullSizeRender

One of Edinburg's newest residential subdivisions, Sugar Oaks,  held a ground breaking ceremony to officially kick off new construction in Southwest Edinburg. Located at the corner of Wisconsin Road and Sugar Road, Sugar Oaks is convenient to local medical facilities, shopping, excellent schools and the University of Texas Rio Grande Valley.  Congratulations to developers GGP Inc. on behalf of the Edwards Team.

IMG 8691 IMG 8692

McAllen Customer Appreciation Fiesta saw over 150 customers

Over 150 loyal customers attended the McAllen Customer Appreciation Fiesta on Sept. 15! The evening was filled with great food, wonderful customers and fantastic Edwards staff members. Edwards staff would like to extend a special thank you to all that participated. We'll see you next time! 

View the embedded image gallery online at:
http://edwardsabstract.com/news#sigProId57a256fe1a

Edwards Director of Education and Training awarded NTP designation

A huge congratulations to our very own Marilyn De Luna, Director of Education and Training, who has been awarded the National Title Professional designation by the American Land Title Association. Through her hard work, dedication, knowledge and experience, Marilyn has demonstrated professional integrity and commitment in the ever-changing land title industry. Marilyn is the first title Texas title agent to collect all four designations (CESP, CTIP, CAEP and NTP). We are so proud of you, Marilyn! Congratulations!Marilyn 2014

Edwards Team contributes to hurricane Harvey relief efforts

The Edwards team doesn’t shy away from doing their part in helping fellow Texas communities. All Edwards Abstract and Title Co. locations throughout Cameron and Hidalgo counties contributed in donating items for hurricane Harvey victims in east Texas.

Each Edwards location throughout the Valley collected medical supplies, food items, toiletries, pet food and clothing items for the survivors needing it the most in the areas effected by Harvey.

Staff members worked closely with the City of Edinburg, the Edinburg Fire Department, Greater McAllen Association of Realtors and the Edinburg Police Department to ensure all donated items were sent off at the appropriate collection sites.

Through donations, relief efforts and active volunteering, the families faced with tragedy in east Texas will slowly be able to reshape their lives. The Edwards team helped support these efforts by banding together in a time of need. Way to go, team! 

View the embedded image gallery online at:
http://edwardsabstract.com/news#sigProId8852dd0ea1

Millennial Homebuyers: The Future of the Housing Market

Author: Brianna Gilpin in Daily DoseDataFeaturedNews 
September 6, 2017

Considering they are the future of the housing market, the mortgage industry is becoming increasingly interested in millennials. According to Joe Tyrrell, EVP of Corporate Strategy at Ellie Mae, more millennials are interested in becoming homeowners for the first time, which is leading to continued strength in the purchase market.

In its July Millennial Tracker, which focuses on mortgage applications for applicants born between 1980 and 1999, Ellie Mae reported the average days for millennial borrowers to close on a loan was 44. However, this varied depending largely on their location.

While Millennials in New York averaged 60 days to close on a loan, those in California only averaged 37. Falling in between those, Illinois millennials averaged 39 days while those in Florida averaged 45. The average time to close an FHA loan increased by one day since last month to 44 while VA loans decreased from 46 to 42 days. FHA refinance loans experienced the biggest jump from 45 days to close in June to 50 days in July.

“Between the competitive housing market with limited inventory and the 30-year note rate at a 2017 low, some millennial homeowners may be deciding to stay put and take advantage of the opportunity to refinance,” said Tyrell.

Refinances accounted for 11 percent of all closed loans by millennial buyers, up from 10 percent in June. The most popular loan product, Conventional loans, showed refinances increasing two points to 14 percent.

On average, single millennial men took out loans for $181,568, while single women averaged $170,301. Their average FICO credit score was 724, up from 723 in June and lower than July 2016’s 725. The average score for a conventional loan was 748, FHA loan at 688, and VA loan at 742.

Read the whole article here