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When buying your home, it's recommended that you get a home inspection. There are many home inspectors out there, and your Realtor probably has a few to recommend. Before deciding on an inspector, take a look at the Texas Real Estate Commission website (http://www.trec.state.tx.us/inspector/def...
05/23/2008
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More and more houses are going into foreclosure or are listed at low prices so sellers can prevent foreclosure. This recent change in the market has prompted a lot of people to consider becoming a real estate investor. For the new investors, there's a lot that must be considered. It's not jus...
05/23/2008
So, the answer to last week's question... Chris makes more money at $150,000, but Sam has more credit. Chris, owing $24,000 on each of his 3 cards with $25,000 limits is almost maxed out on his available credit. So, Sam has a better chance of getting a loan. Generally, lenders don't what your ...
05/23/2008
Save for the Home Buying Expenses When buying a home, there's a lot more money you'll need upfront besides a down payment. With tougher lending rules, more and more lenders want buyers to put up higher down payments than in the past. There are some that require as little as 5%, but if you want...
05/23/2008
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I just ran into this situation with a client of mine. I brought in a home stager to give recommendations on improving the house for the market. Things on the list included updating the lighting, painting some walls, and fixing other cosmetic things throughout the house. One of the first thing...
05/23/2008
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If you've ever taken a business course, you've heard the terms SWOT analysis and the 4-P's. While these ideas refer to a business plan, they can also refer to selling your home. A SWOT analysis is a detailed look at your Strengths, Weaknesses, Opportunities, and Threats. Once you determine the...
05/23/2008
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ongratulations, you just got an offer on your home. This is a fragile time in the process of selling your home and having an agent with negotiating finesse is vital. As of right now, most buyers are being told that it's a buyer's market and they can get a steal. In some parts of the country th...
05/23/2008
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Had Hamlet been around today and worked in real estate, he may have said something like, "To price high, or not to price high, that is the question. Whether 'tis nobler in in the mind to suffer the slings and arrows of outrageous real estate prices..." Okay, so that might be a stretch. Almost ...
05/23/2008
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I heard this statement again yesterday, "If buyers like it enough, they'll submit an offer regardless of the list price." This just isn't true for many reasons. 1. Pricing high helps your competition sell faster. If you price your house above other homes that are competing with yours, you actu...
05/23/2008
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I've always been a fan of staging. Because it's a tight market and every home needs some sort of an edge to appeal more than the competition, I encourage more and more of my clients to invest in a complete home staging. Due to the price, however, many people believe the return can't be that gre...
11/26/2007