Archive for the 'Buying Real Estate' Category

Now is THE Time to Buy, Here is Everything You Need to Know About Buying a Home!

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 to purchase a home is a decision that requires careful consideration and planning.  But in an effort to help you, I have compiled just about everything you need to know about the current market, and the preliminary planning you should do to get started on purchasing your home! (more...)

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Posted by Clay Lee | Discussion: Your Comments Please »

Best of the Brazos Valley – category missing from the survey

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).  This is a five bedroom three bathroom house on 3.23 acres with a hidden bonus room upstairs and an additional studio downstairs, off of the garage. Results from the Bryan Broadcasting Corporation promotion have not yet been announced - their website says to check back soon for the winners. Happy washing! Cindy Seaton, REALTOR (979) 422-9763

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Posted by Cindy Seaton | Discussion: Your Comments Please »

FHA Loan Facts and Information for College Station Home Buyers

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...)

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Posted by Clay Lee | Discussion: Your Comments Please »

What Kind of Discount Can a Buyer Expect in Indian Lakes of College Station?

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...)

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Posted by Clay Lee | Discussion: Your Comments Please »

Contingency Contracts: Friend or Foe?

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 house to make the purchase. It is exactly the same as a standard contract except for the fact that it includes an addendum for the sale of another property by the buyer. For that reason, we will focus on the content of the addendum for this article. It is important to note, however, that ALL parts of the contract can affect the seller's willingness to accept an offer. The first question many people have is , "When can I submit a contingency offer?" The answer: Whenever you want. Will a knowledgeable seller take a contingency offer before your current house is under contract to sale? Probably not. For that reason, it is important that your first priority is getting your current house under...

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Posted by Robin Petty | Discussion: Your Comments Please »

What Kind of Discount Can a Buyer Expect to get on a Home in Pebble Creek of College Station?

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...)

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Posted by Clay Lee | Discussion: Your Comments Please »

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