Archive for the 'Investment Property' Category

Pre-Sales Appraisal Services

Bryan, TX -- Looking for a second opinion on your home's value? Enlist the services of an objective, third party Appraiser. You will receive an accurate description of your home's features and a detailed analysis of the most recent and similar "comparable sales". [caption id="attachment_1872" align="alignleft" width="150" caption="Appraisals from Seaton"]Appraisals from Kelly Seaton[/caption] "Having a recent appraisal of your home can be very useful at the negotiating table," said Kelly Seaton, owner of Verdad Valuation Services. When interested parties see an appraisal, an inspection, a survey, or a map of the home, these serve as additional tools that cut down on the time it takes to close. Seaton says Verdad Valuation can complete a residential appraisal in as little as one day if necessary, where a narrative appraisal for a rural property could take one week. It all depends on how much sales data is available and how much time is necessary to adequately research the survey, title, and sales of comparable properties. In addition to answering questions like "how much is my house worth", Seaton suggests a few other things to consider prior to listing your home. Certain upgrades

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Posted by Cindy Seaton | Discussion: 1 Comment »

Credit Crunch? Media Feeding Frenzy

BRYAN, TX -- You and I know the media are out to make a buck. And most people know that a majority of the news is presented in a cunning way to grab your attention to increase media viewership to sell more ads to make a buck. What viewers may not know is that the recent hype on the alphabet soup mortgage companies (WaMu, AIG, FNM, FRM, ...) is just that - hype. Sensationalism to get you excited to grab your attention to increase media viewership to sell more ads to make a buck. It's like the Dallas Cowboys training camp... (more...)

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Posted by Cindy Seaton | Discussion: 1 Comment »

The Rich are Different than you and I

 They have more money! Aside from the obvious fact that they do have more money the rich can seem to have a different mindset. As a realtor for 14 years I have worked with all types of clients.   The people who have to get gift funds to buy their first house to the people that can write a check for any type of property they desire. It has been said that the poor plan for the weekend and the rich plan for their grandchildren's futures. Real estate is a wise long term investment if you have the right mindset. Email me at   cstex99@aol.com or call me at 575-4663 and I'll help you on your road to riches. Brenda

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Posted by Brenda Harmon | Discussion: Your Comments Please »

Bryan-College Station Tx Need Financing for a Rehab Home?

Detroit Foreclosure House

So you found a rehab deal in Bryan or College Station, Tx. And with the renovation costs and the after repair value, this property will turn into a nice profit. You probably can even set a price that will make for a quick sale when the rehab is at completion. There is just one thing holding you back – finding the money to purchase it! In recent times, it was fairly easy. You would pick up your phone and call your local lender. Sure, the terms were steep, but the financing cost (more...)

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Posted by Linda Stribling | Discussion: Your Comments Please »

Foreclosure Home for a $1.00?

Detroit Foreclosure House for $1!

From an article in the Detroit News, this house in Detroit, Michigan was recently listed for $1.00. That's right. One American greenback. It sold for full price! The buyer plans to pay cash. Between sales commission and $1,000 bonus, buyer's closing costs, back taxes and a past due water bill, the sale will cost the bank owner about $10,000. The empty, foreclosed home is now a shell of its former self. As a vacant home, (more...)

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Posted by Jason Johnston | Discussion: 1 Comment »

Record price paid for Riviera home

The UK's TimesOnline published a story on Monday, August 11, 2008 about a Russian oligarch who paid a record $750 million (£392 million) for a villa on the French Riviera. Villa Leopolda, a mansion once owned by King Leopold II of Belgium and Gianni Agnelli, the Fiat tycoon, is located on the French Riviera between Nice and Monaco. The previous record price for a residential property was said to be £57 million, paid by Lakshmi Mittal, a steel tycoon, for a property in Kensington Palace Gardens in 2004. Meanwhile, back in the real world, prices for College Station and Bryan real estate are much more affordable. The average and median sales prices, as reported by the Real Estate Center at Texas A&M University for the month of June 2008, are $168,100 and $144,400, respectively. While we do have some properties that are much more expensive than our local average, overall prices for Bryan and College Station, Texas have remained reasonable throughout the previous years' real estate boom, making this area one of the most affordable real estate markets in the nation! Our average prices have risen each year since 2002, but at

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Posted by Jason Johnston | Discussion: Your Comments Please »

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