BAP site syndication http://www.thesellersteamkaty.com Tue, 16 Mar 2010 02:24:16 +0100 FeedCreator 1.7.2 http://www.thesellersteamkaty.com/images/M_images/ http://www.thesellersteamkaty.com BAP site syndication http://www.thesellersteamkaty.com/profile.market2-home-inspectors.html The best Katy Texas home inspectors are also teachers. How so? Well, you see, in a typical home inspection, people always expect the Katy Texas home inspector to point out all the bad news. The furnace of your new home may have already exceeded its life expectancy by ten years. Or the garage door may present a hazard to a young child or pet. The bathroom faucet may show a leak. Or the roofing may need some repairs a few weeks after you close the purchase. All this will obviously be worth the $300 or $700 fees for your Katy Texas home inspector will cost.However, the Katy Texas home inspector is not all about bad news. Problems are not the only things he can point out. In fact, there are much, much more things that your Katy Texas home inspector can show you and, in the process, teach you about your house.The Walk ThroughThe best time to learn about your own house is right before you buy it, while walking through it with your Katy Texas home inspector. Do whatever you have to do in order to be present during the inspection, because you will learn a lot about your house and its systems when you do.If this is your first time owning a house, there are just a few things you absolutely must learn. You might not know about the necessity of changing furnace filters, how to shut off the main water supply when a pipe bursts, or that stacking firewood next to a wooden deck is a very idea. Any of these things can present a hazard to you and your family as you move in to your new home. Having an Katy Texas home inspector teach you how to handle these things and other issues will make the difference.An Katy Texas home inspector can advise you about maintenance on any number of things in your home. If you want to increase the safety and comfort in the home, he can give you suggestions on small modifications you can manage on your own. Often, he may prioritize his suggestions. So, the water intrusion in the fuse box must be corrected immediately but you might want to think about replacing shower heads with low-flow models when you have the time and some extra money. Knowing What’s Wrong, Knowing What’s RightThe best Katy Texas home inspectors will not only tell you what is wrong with your potential home, but what is right. His job is to make an objective and independent visual assessment of the house. That goes without saying that everything he observes – the good and the bad – he jots down in his report and hands it to you and based on that, you can then go on and make an intelligent decision.After your Katy Texas home inspector is done with his job, he will probably sit with you and run through his principal findings. This is the time to ask him any other questions you may not have already asked. Don’t pass up the opportunity. Pick his brains as much as he will allow, but stick to specific questions about specific issues. And then, breathe freely.There is a lot of free information available to you about buying, selling or investing in Katy Texas real estate. For complete information about the Katy Texas real estate market including current homes for sale, property values and more please visit the most complete website online dedicated to everything Katy Texas real estate. So please feel free to contact me with any of your mortgage questions and I will me more than glad to answer you queries. Call me on my cell at (832) 814-8715 or email me at Sanford@KatyDreamHomes.com (mailto:Sanford@KatyDreamHomes.com). Main Content - Buyer Reports Tue, 06 Oct 2009 21:37:34 +0100 http://www.thesellersteamkaty.com/profile.market2-home-inspectors.html http://www.thesellersteamkaty.com/profile.market2-real-estate-professional-profile.full-name-discusses-ways-to-finance-rehab-propertie You need to interview multiple brokers rather than just using the first one you come across. You should approach choosing a Profile.market real estate agent just like you would hiring an attorney, doctor or insurance agent. Look at several resources in the Katy Texas a place where you will have access to meet your financial necessity.When it comes to getting loans for handyman's dream properties, getting financing is more difficult than for traditional home purchases.When working on fixers you may want to consider seeking a hard money lender for financing rather than a traditional mortgage broker.Read the local paper in the Profile.market area, and you can find financing options and alternative mortgages here as well as through your real estate agent and via investment property finance firms.Hard money lenders are much more flexible. For example, while most banks look at the current estimated value to determine how much money they will loan, hard money lenders will look at the projected value after repairs to determine the amount of money they will loan.It might be a local mortgage banker in Katy Texas that knows the procedures to follow and how to find the right people to assist you in obtaining acceptable financing for your investment property.It costs a lot more to get a hard money loan than it does to finance traditionally. Typically interest rates range from 12-16%. Please note that you may be required to pay 3 to 5 points upfront as well.The reason people go this route is they can get money Beyond the actual purchase of the property which is generally unheard of in traditional financing. This money can then be used to make repairs to increase the value of the property.Make sure you include them in your purchase and holding costs so that you end up with the profits you are looking for on the property after all is said and done and you simply look at the costs of hard money loans as a cost of doing business.In order to qualify for your very first loan in Profile.market is your toughest. Once you do it once or twice it will become much easier. Blog - Investor Info Fri, 02 Oct 2009 08:30:43 +0100 http://www.thesellersteamkaty.com/profile.market2-real-estate-professional-profile.full-name-discusses-ways-to-finance-rehab-propertie http://www.thesellersteamkaty.com/profile.full-name-talks-about-how-to-ensure-your-profile.market2-home-sells-without-a-h.html There are a ton of folks that will be concerned in the exchange of purchasing your house. The list may be smaller but you can see there are plenty of folk concerned in the acquisition of a home.So here's a punch list to keep the method moving when you're purchasing a home in Katy Texas. As quickly as the offer has been accepted it's best to schedule a home inspection straight away. Typically they can be done inside a day or 2 of calling the inspection company. It could appear to be a needless cost, but regard it as an insurance policy. You pay vehicle insurance each month without expecting to get in an accident. It can cost a Katy Texas home owner thousands of bucks to get rid of a tank if the soil is polluted so that the price of an inspection is cash spent well.Once your inspections are done if there are items that came up that might be bartered, you may need to study the probability of re-negotiating the contract. Bear in mind the bank might have fix wants that they need finished themselves to process the loan. After the appraisal the bank will let you know what must be corrected before you can get the loan.When your inspections are out of the way it's time to have the appraisal of your place in Katy Texas scheduled. The bank should be approached and informed the appraisal should be ordered. Once per week you may also need to contact your escrow officer that is responsible for the closing at the title company. They are real busy, but just make them aware it's important that you stay notified of anything you can do to help with the loan.Like every other business it is the squeaky wheel gets the grease. At this time you may also need to call your insurance agent and inform them you'll be purchasing a place and will need coverage for the closing of the loan. The title company will send you out a form that you'll fill out with your insurance info, but it's a smart idea to contact your agent up front and get the wheels moving as quickly as possible. Whenever the title company or the bank calls you asking for info get it to them in a hurry. The quicker you reply the quicker the loan process will occur. You can usually expect a closing to take about thirty days from the time an offer is accepted, If you have all your ducks in a row you can move the closing forward about a week. But that is about the quickest you should prepare for the closing to occur. You can talk with your home loan broker and get a figure from them as well on what their average closing time is in Katy Texas. There is a lot of free information available to you about buying, selling or investing in Katy Texas real estate. For complete information about the Katy Texas real estate market including current homes for sale, property values and more please The Sellers Team Katy visit the most complete website online dedicated to everything Katy Texas real estate. So please feel free to contact me with any of your real estate questions and I will me more than glad to answer your questions. Call me on my cell at (832) 814-8715 or email me at Sanford@KatyDreamHomes.com (mailto:Sanford@KatyDreamHomes.com). Main Content - Search for Homes Tue, 29 Sep 2009 06:26:02 +0100 http://www.thesellersteamkaty.com/profile.full-name-talks-about-how-to-ensure-your-profile.market2-home-sells-without-a-h.html http://www.thesellersteamkaty.com/top-3-mistakes-profile.market2-beginner-investors-make-when-buying-foreclosures-in-profile.market2-a Here are the 3 most common mistakes Katy Texas Investors Make when Buying Foreclosures, by Investing Expert Sanford & Seretha SellersReal estate investors have found that foreclosures can sometimes be extremely profitable. Although that's a fact, they are not safe investments as you can make lose much money. Here is three common mistakes. Katy Texas investors make, this way you can avoid the mistakes in the event you decide to invest in foreclosuresPitfall #1 - "All Foreclosures are Good Deals"This simply isn't true. Remember, homes that have gone through foreclosure often have serious condition problems. For which government and banks are willing to provide discounts on the property's price. Even then, however, the property may not be a great investment.It's only beginning investors that think all foreclosures are good deals. Locating a good foreclosure property involves not only time, but expertise and dedicated research.One thing to avoid is too quickly purchasing a home in need of repair in the hopes of fixing it up and then reselling for a profit. It also has its pitfalls,while this can be a very profitable model.The greatest downfall is first time investors jumping into the fixer market without the back up of experts. How much you can sell the property for and then work your way backwards to what the selling price must be in order to be profitable, then you're not ready for a fixer upper,unless you can predict how much your repairs will cost.There are many profitable deals that don't require the level of expertise that a fixer does. For a beginning investor, it's usually better to start with those deals.You need to research if you want to be profitable. It's important to know what the fair market value of the property you own. Make sure you research the area thoroughly, including any new building projects, community initiatives and local crime rates.Also, don't forget to have your home inspected. It's important that you actually step foot in all the properties you plan on bidding on before you bid on them,if you're bidding on multiple properties at an auction.You will find 3 or more common pitfalls that Katy Texas which trap investors. You'll set yourself ahead of most beginning foreclosure investors in,by avoiding these pitfalls. Katy TexasYou can find a variety of information that is free for buying, selling or investing in Katy Texas real estate. If you want further details regarding this topic Katy Texas Please visit our website to view current listings and property values. Katy Texas real estate. If you have any mortgage or real estate related questions at all, please feel free to contact me. I would be more than happy to help in any way I can. Give me a ring on my cell (832) 814-8715 either this or email me at Sanford@KatyDreamHomes.com (mailto:Sanford@KatyDreamHomes.com). Blog - Investor Info Sun, 20 Sep 2009 19:15:18 +0100 http://www.thesellersteamkaty.com/top-3-mistakes-profile.market2-beginner-investors-make-when-buying-foreclosures-in-profile.market2-a http://www.thesellersteamkaty.com/get-the-most-out-of-a-profile.market2-property-inspection-by-asking-these-5-questions-by-real-estate Now that youíve found a house youíre interested in purchasing, the next step is to make sure that everything is in order both inside and outside the house. In this article, weíll go over a series of questions you should ask your home inspector during the inspection. These questions will help you get a good idea of what condition your property is in.Remember that youíre paying for a service when you have a home inspector come by. Donít be shy about asking questions. Most home inspectors expect their customers to ask a lot of questions.Question #1 ñ Have the Foundations CheckedMost buyers know to ask the inspector about the foundations. While this is an important question to ask, do keep in mind that the inspector can only tell you about what he sees.He cannot tell you if there are termites in the wood without a proper termite inspection. Rotting wood or water damage thatís hidden is difficult to spot as well. The inspector can tell you what he thinks based on whatís visible, but usually not much more.Question #2 ñ ElectricalWhat condition is the electrical system in? Are there any panels or wiring thatís done unprofessionally? Is there any knob and tube wiring or any aluminum wiring in the house?Question #3 ñ The Heating SystemThe heating system should always be inspected. Itís important to ask about what kind of equipment you have, how old it is, how much longer you can expect it to last, etc.Question #4 ñ The Plumbing SystemMake sure your inspector checks the plumbing system and tells you how old the system is. Check for signs of recent issues, such as a new sewer cap.Question #5 ñ Are there any potential fire hazards?Safety is a prime concern when buying a home. With older electrical or heating systems, there may be potential fire hazards that you should be aware of. Make sure with older homes to ask your home inspector about these.These are some of the more important questions to ask a home inspector during a home inspection. Again, remember that youíre hiring this person for a paid service, so donít hesitate to make full use of their expertise.There is a lot of free information available to you about buying, selling or investing in Katy Texas real estate. For complete information about the Katy Texas real estate market including current homes for sale, property values and more please visit the most complete website online dedicated to everything Katy Texas real estate at The Sellers Team Katy. Please feel free to contact me with any of your real estate or mortgage related questions and I will be more than glad to answer your questions. Call me on my cell at (832) 814-8715 or email me at Sanford@KatyDreamHomes.com (mailto:Sanford@KatyDreamHomes.com). Blog - Buyer Info Sun, 20 Sep 2009 19:01:51 +0100 http://www.thesellersteamkaty.com/get-the-most-out-of-a-profile.market2-property-inspection-by-asking-these-5-questions-by-real-estate