Why a House is the Best Investment!

If you’re looking to put money to work for you, now is not really the best time to own your own home. With home sales starting to improve, and with prices now possibly forming a bottom, real estate could well be the asset class that represents the best low-risk buying opportunity out there today.

I have a few clients that are interested in purchasing a house but are hesitant.  They are getting Pre-Qualified, good credit, good job, family stable, but scared to take a leap, scared to jump on board and join the Home Ownership Experience.  The time is now if you want to purchase a home while interest rates are still low 4.75%, but rising.  House prices are still low (averaging $129,249), but going up. Builder’s prices are increasing, as well as gas prices, and the cost to build.  We just saw an issue with the government and Soldiers not knowing if they were going to get paid and having pay issues.  At one time the government was telling contractors not to even come in to work except for critical personnel.  Here in Texas we are also watching what’s going on with the security of teachers’ jobs.  If you have some money saved and a secure job and you are waiting on an investment opportunity then wait no longer.

The time to buy is now!

http://www.youtube.com/watch?v=1RqNw2iL6Zc

HUD and VA Foreclosed Homes

For the month of January and February 2011 I’ve written more foreclose contracts than I ever have before.  The volumes of distressed properties for sale are still growing, while interest rates are slowly rising. It’s still good news for value oriented byers to buy foreclosed properties.  There’s a greater degree of comfort among investors and lenders now that they know where prices are, “which makes them more willing to sell”, says Patrick Sargent.

Don’t expect to purchase many of these foreclosed properties for little of nothing.  Foreclosed properties are initially marked down by 30% from market price. These properties can sell for a little of nothing or sale at their listed price. Take these two examples: I had two different foreclosure properties in good condition.  They were both pretty much turnkey with two different Asset Managements.  On property (A) we were able to get about $3000.00 off the listed price and 3% of closing cost paid.  I had another property (B) that was VA Foreclosure.  I have to admit if you saw this house you would want it as your own home.  Great Neighborhood! The house looked amazing from the stained concrete drive way to the ceramic tile throughout the house.  All of the fixtures looked great and there was refreshing paint flowing throughout the house.  Go figure, a foreclosure, no way.  Yes way! But the bank wasn’t budging from the price.  In order for us to get the 3% closing cost from the (REO) department or Bank, they wanted us to go up on the price.  The house was a deal either way you looked at it.

***Always remember with foreclosures there are additional fees buyers may have to pay like the survey, title policy, re-wintering, federal expressing packages, and the possibility of losing the home inspection money if the house is taking off the market due to a missing deed.

Call me for more information: 254-285-4282

http://www.youtube.com/user/Jexithomevets#p/u/0/g3WaoXGC624

Why Choose Me as Your Real Estate Agent?

What can I give you that no other agent can give you?    Customer Care

SELLERS

If you’re selling your home my goal is to price your house just right.  The average house sits on the market for about 6 months.  Today’s statistics for the month of November 2010 reflex houses being on the market for 11 months.  Absorption rates may affect sellers more than they know.  These rates cause sellers to pay more money out of pocket than necessary.  My goal is to save you the additional expense and put you where you need to be (with your family).  By selling your home at the right price you will save money and you will not have to continually pay mortgage payments on a house that you no longer want.  Stop your continued expenses on electric, water, and being separated from your family. 

I am here to serve as your Real Estate Agent by helping you maximize your profit.  Advertisement is something that I’m big on.  My online present is significant.  I have numerous sites at buyers’ disposal.

BUYERS

Credit score is key to getting buyers into their dream house.  Buyers have to get their credit checked.  If we need to work on your credit then that is what I am here to help you do.  I will find the right loan officer for you so that you will be able to get qualified and even closer to the house of your dreams.  If you are having problems with you credit, then your loan officer and I will work with you.  After we get you pre-qualified, then house hunting can begin.  We will discuss your aspiration for location, the square footage you desire, number of bedrooms, or even your target school district.  I offer counseling and discuss possible cost as well as what is negotiable in buying the house.

Ø  Online Present

Ø  Mortgage lenders available

Ø  MLS

Ø  Realtor.com

Ø  Personal Website

Ø  Company Website

Ø  Real Estate Magazine Website

92% of buyers say owing a home make more sense

96% of buyers still see homeownership as a positve experience

Look at my You Tube Video. Link Below:

http://www.youtube.com/watch?v=g-658rITqkA

Clients Come First

When Real Estate Agents represent a buyer, seller, landlord, tenant, or other client as an agent, Realtors pledge themselves to protect and promote the interests of their client.  This obligation to the client is primary, but it does not relieve Realtors of their obligation to treat all parties honestly.  When serving a buyer, seller, landlord, tenant, or other party in a non-agent capacity, Realtors remain obligated to treat all parties honestly.

It is important for all agents to get a Residental Buyer/Tenant Representation Agreement, not only for the agent but also so that the agent can represent the buyer competely and honestly. You should know that the duties of a broker depend on whom the broker represents.  If you re a prospective seller or landlord (owner) or a prospective buyer or tenant (buyer), you should know that the broker who lists the property for sale or leasse is the owner's agent.  A broker who acts as a subagent represents the owner in cooperation with the listing broker.  A broker who acts as a buyer's agent represents the buyer.  A broker may act as an intermediary between the parties if the parties consent in writing.  A broker can assist you in location a property, preparing a contract or lease, or obtainig financing without representing you.  A broker is obligated by law to treat you honestly.