Blog

August 21, 2010

Do you have to attend the closing?

In Spring Texas the closing on a real estate transaction is held at a title company.  Since the closing is scheduled in advance, the majority of buyers and sellers are able to arrange their schedules and do attend the closing on their house. Sometimes a buyer’s or seller’s schedule does not permit them to physically attend the closing.  […]
August 19, 2010

Spring Texas Real Estate: Market Report July 2010

What’s going on with the Spring Texas Real Estate Market?  The market looks a lot like last year in terms of YTD sales.  As YTD home sales are down only 4% compared to 2009.  Home prices are remaining stable with minimal changes.  Minor decreases in sales activity and stable home prices usually means good news to […]
August 17, 2010

It’s back to school for Spring Texas area schools

If you still read the newspaper like I do, you know Spring Texas area schools will be starting soon. I know this not because of a newspaper article I read but because of the abundance of “back to school” advertisements.  Advertisements for “back to school” clothes, supplies, book bags, and even food for the lunch boxes.  This year the […]
August 15, 2010

Is your Real Estate Agent pushy?

Here’s a fun YouTube video on pushy real estate agents. Rick and I are not pushy real estate agents. As buyers agents, we will show you any house on the Spring Texas real estate market you would like to view.  We work hard to help you find and purchase the right house for your lifestyle and your finances. A thank […]
August 13, 2010

Will paying cash get you a discount on real estate?

The majority of the time if you pay cash for Spring Texas real estate you will get a discount. The real question is not will you get a discount but how big of a discount.  The answer depends on how big of an advantage cash is to the seller. The biggest discounts for cash will be on […]
August 11, 2010

Accepting property in its present condition doesn’t mean you can’t ask for repairs

In section 7 of our Spring Texas real estate contract the touchy subject of property condition is addressed. Buyers, sellers, and Realtors seem to generally understand the majority of the items in this section. That is until they reach 7.D. ACCEPTANCE OF PROPERTY CONDITION which is where confusion takes over. In section 7.D., Spring Texas home buyers have to either check […]
August 9, 2010

500 Characters

500 characters sounds like a lot but it’s not.  500 characters is the quantity of characters the Houston MLS system gives me to describe my listings.  500 characters that’s it. That is all I get to describe why you want to buy this particular house over all the other houses on the Spring Texas real estate market. It’s just not […]
August 7, 2010

Monthly payments on FHA loans increase on October 4th

Earlier this year, the FHA increased the upfront mortgage insurance premium from 1.75% of the loan value to 2.25%. Now the FHA has decided to reduce the upfront mortgage insurance premium from 2.25% to 1% and increase the annual premium from 0.55% to 0.9% on loan to value (LTV) ratios greater than 95%. What does […]
July 26, 2010

My House, My Rules

I remember my parents saying “My House, My Rules” a lot when I was a kid.  It was their common response to my questions of “why can’t I eat in the living room?” and “why can’t I put my feet on the coffee table?” and “why do I have to take off my boots by the back door?” The other day when […]