Wednesday, March 8, 2023 / by Jamie Sturgill
Texas real estate contracts can be complex, with many legal terms and clauses that can be easily misunderstood or overlooked. Unfortunately, even a small mistake in a real estate contract can end up costing you a significant amount of money. In this blog, we will discuss some of the most common Texas real estate contract mistakes that can cost you a lot of money.
Failing to Get the Contract in Writing
One of the most significant mistakes you can make in a real estate transaction is failing to get the contract in writing. Verbal agreements are not enforceable in Texas real estate law, which means that if there is a dispute, you will not have any legal recourse. Always get the terms of the agreement in writing, and make sure that all parties involved sign the contract.
Not Reviewing the Contract Carefully
Another common mistake that can cost you a lot of money is failing to review the contract carefully. Real estate contracts can be lengthy, and it is crucial that you rea. ...
texas real estate, financial risks, attorney, deadlines, closing costs, property defects, contingencies, legal obligations, contract mistakes, real estate contracts
Tuesday, March 7, 2023 / by Angela Weller
When it comes to selling your home, first impressions are crucial. That's why home staging can make all the difference in attracting potential buyers and getting top dollar for your property. Here are some top home staging tips to help you sell your home quickly and for the best price:
Declutter and Depersonalize: Remove all personal items and clutter from your home, including family photos, knick-knacks, and excess furniture. This will help buyers envision themselves in the space and focus on the home's features and potential.
Clean and Repair: Make sure your home is clean, fresh, and in good repair. This includes deep cleaning carpets and floors, repairing any leaks or cracks, and touching up paint where needed. A well-maintained home can help buyers feel confident and comfortable with their potential purchase.
Highlight Key Features: Accentuate the best features of your home, such as a cozy fireplace, a spacious kitchen, or a beautiful view. Use furniture and accessor. ...
Friday, December 16, 2022 / by Jake Uriegas
Purchase price is important, but it is not the only factor when buying a home. Consider the following “costs” when choosing a place to live.
COST OF TRAVEL
Your home is your starting point for everywhere you go. How much time does it take to get to work? Where is the nearest grocery store? How long does it take you to reach other places you want and need to go? If you drive, add fuel costs and travel time to your considerations. Are public transit options nearby? Can you walk or bike to your destination?
COST OF INSURANCE
Insurance helps protect your property when something bad happens. Homeowners insurance is a good start: It typically covers certain types of damage to your home, your belongings, liability, and expenses if displaced. Consider additional policies based on where you live. Do you need flood or earthquake insurance?
COST OF LIVING THERE
The expenses don’t end after you move in. Some properties may have more costly utilities and upkeep. If your prop; ...
Friday, December 9, 2022 / by Jake Uriegas
Are you ready to purchase a home but want to avoid paying the hefty downpayment? I will show you how you can buy a property without having 20% down.
While cash and the stock market can be volatile in recessions, real estate is considered one of the safest investments historically.
With so many investment opportunities out there, more and more people are putting their money into real estate rather than focusing on saving up. But did you know you can invest in real estate without a massive down payment?
Here are FOUR excellent choices for home loans that you may qualify for:
Option 1: FHA MORTGAGE
If you're struggling to get loan approval or have credit challenges, then the Federal Housing Administration's 3.5% down payment option may be just the loan for you. This loan is especially popular with first-time home buyers.
Option 2: VA LOAN (no money down loan)
The VA loan is designed to help active-duty members, veterans, and surviving spouses secure th; ...
Friday, December 2, 2022 / by Jake Uriegas
Putting your home on the market is exciting. It can be nerve-wracking, too. How do you sort through all the decisions and options? Here are some considerations to keep in mind:
IS IT WORTH YOUR TIME AND MONEY?
Before you update your 1970s bathroom, know that you may not recoup all your remodeling costs when you sell. Some remodeling choices actually make it harder to sell a home, such as materials on their way out of style. Other upgrades may be necessary to attract any reasonable offers at all. Additional factors are the condition of nearby homes for sale, the price range of the home, and how much current conditions lean toward a buyer’s or seller’s market.
WHAT HELPS EVERY HOME
No matter the size, age, price, or location of your home, it pays to make sure it’s clean, uncluttered, attractive, and free from minor nuisances. New paint and a few plants go a long way to making a positive first impression. On the other hand, sticking doors, an overgrown lawn, or drippa ...