Some Places Your Down Payment Could Be Hiding

Like many people who start out as renters, you may have decided that it’s high time you take the homeownership plunge yourself. But there’s a huge hurdle – that little problem of the down payment money! Just be glad you’re in Texas – not Australia – you might have had to give up your avocado-toast … Continued

The Seller’s Disclosure: What Sellers and Buyers Need to Know

Sometimes, it seems that buying and selling property has a whole language of its own you need to know and understand before venturing into the market. One such term would be “seller’s disclosure.” What are they and how can they impact on you and your transaction? Buyers and sellers are both affected by this key … Continued

Take Steps to Safeguard Your Earnest Money

The money you bring to the table when you make an offer on a property, signals your intent to see the deal through. This finance will represent a good chunk of change and before you hand it over, there are steps you should take to safeguard your “earnest money.” Eventually, the money will form part … Continued

Common Mistakes First Time Home Buyers Make

Most of us would agree that when we buy our own home, we are making a major investment. But even with the significance of this venture, some of the common mistakes first time home buyers make can be mind boggling. Residential real estate is no less an investment than stocks and shares but you wouldn’t … Continued

Sale Pending: Is It Final or Can I Make an Offer?

Have you fallen in love with a home but think all hope is lost because it shows as sale pending? Although “sale pending” usually means all contingencies have been taken care of and the property is moving toward closing, this isn’t always the case. In order to know if a home marked as “sale pending” … Continued

Buying Less House Can Be a Good Financial Move

Buying less house is a radically different idea in this age of “bigger is better.” Although the Mac-Mansion hasn’t lost its appeal, there’s a lot to be said for going a little smaller or a little cheaper than you have to. For starters, the reality is the more money you spend on your property, the … Continued

What to Look For: Your Own Home Inspection Made Easy

These guidelines on doing your own home inspection are to help you get an idea of what you should be looking for when buying a house. Knowing what to look for, should give you confidence when viewing a prospective purchase, bearing in mind you are going to be living in and maintaining that building. Before … Continued

Aging in Your Dream Home

Baby boomers are the largest seniors’ generation of all time and most of them are aging homeowners. Called the great grey tsunami, they represent enormous buying power and commercial clout. This is the demographic that should make people like sellers, buyers and real estate professionals pay attention. Are you aging? Let’s take a look at … Continued

Stop! Bad House, Bad Buy

Buyer beware is not just an expression, it’s a lesson to keep in mind, always, lest you end up with a bad buy. The property market may be hot but that doesn’t suggest you should now be reckless all of a sudden. In view of that, stick to your guns and keep to your budget. … Continued

Buying and Selling in a Sellers’ Market

We’re hearing the term “sellers’ market” a lot these days. Certainly the DFW property market is “hot” with no signs of it cooling anytime soon. As long as there are more willing and able buyers than houses to buy – also known as inventory – a buyer is going to have to work harder to … Continued

10 Tips to Help You Choose the Right Agent

The rise of online real estate information means everyone with an internet connection can be an informed consumer when buying or selling a home. But, even with all the data available, it’s more important than ever to choose the right agent. Surprisingly, most buyers and sellers give little or no thought to picking their agent. … Continued

Quit Claim Deed or Warranty Deed: What’s the Difference

If you’re just embarking on a property purchase adventure, you’ll need to know about Quit Claim Deeds and Warranty Deeds. Property transactions seem to make paper like a rabbit makes bunnies and a Deed is just one of the many documents with which you’ll become familiar with and possibly the most important! One of the … Continued

Doing the Final Walkthrough: What to Look For

In the process of buying a home, the final walkthrough is one of the last steps to take before you get the keys to your new home. This crucial procedure is organized by your agent about a week before closing and is your final chance to make sure everything is in working condition. This is … Continued

Walking Away from a Property Purchase: Contingencies

Contingencies are those, sometimes pesky conditions listed in your purchase contract. These are conditions that must be fulfilled, relating to inspections, financing, insurance and the like. Your property purchase will be dependent on these contingencies being met.  For you, the buyer, contingencies form the escape hatch if your financing falls through, some uncontrollable event occurs … Continued

Getting on the Property Ladder: 7 Tips from Property Investors

You would be surprised at the everyday people who are property investors. That nice looking grandmother who volunteers at you son’s school, the bearded young man in the checkout line at the supermarket; property investors come in all shapes and sizes. The one trait these investors all share is the belief that owning property is … Continued