As I have been citing for the past few months, now is one of the best times in history to purchase a home. And with each passing day, that statement becomes more true. The current real estate forecast is set in (and expected to continue to be) a very strong buyer's market. There was the tax credit, a current multitude of inexpensive foreclosures, incentives from home sellers galore, and mortgage rates that continue to drop to record lows. Still, deciding...Continue Reading!
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COLLEGE STATION, TX -- They left one off of the voting ballot this year...the absent classification was for the best laundry room in town. Not a washateria where you pay to use a commercial machine. But I mean the best utility/hobby/washing area ever! It is 140 square feet of organization, efficiency and wash command. A most important realm for large families. The location of this luxurious laundry room (and other fabulous amenities) is 51 Pamela Lane in College Station (MLS # 59974)....Continue Reading!
The Federal Housing Administration, or FHA, insures private loans that are issued for new and existing houses, and loans for home repairs. This agency of the government has been around since 1934, helping potential homeowners realize their dreams. Today, the mission of the FHA includes helping borrowers get amounts they qualify for, and assisting lenders by reducing their risk in issuing loans. (more…)Continue Reading!
How much will the seller take? Depends... How strong is your offer? I recently examined home sales in the Pebble Creek subdivision of College Station to assist potential buyers who are looking for the right deal. Another breathtaking and popular subdivision in College Station is Indian Lakes. By request, I have examined the home sales in Indian Lakes since January 1, 2010. This is a reminder that there is always the possibility that the seller may take another offer. (more…)Continue Reading!
In the world of real estate, there are few things more intimidating than the dreaded contingency contract. Though they can be confusing at times, I assure you contingency contracts are nothing to be afraid of. In fact, they can be quite beneficial to both the buyer and the seller when used correctly. Let's begin by discussing exactly what a contingency contract is. A contingency contract is what you use to buy a new home when you need the equity from your current...Continue Reading!
l How much will the seller take? Depends... How strong is your offer? If you are interested in buying a home in the remarkable Pebble Creek subdivision of College Station, you are likely to be considering one of the largest factors in a real estate deal: the price. If the listed price of your dream home is not quite in your range, there is always the possibility that the seller will take another offer. (more…)Continue Reading!