Welcome back to Home Buying 101 – Throughout this series I will be detailing the various parts of the transaction process for purchasing a single family home.  My goal is to answer the many questions looming around purchasing, especially for first-time home buyers. If you are just beginning, I recommend starting with Part One: Understanding Equity.

 

 

Previously I detailed what a REALTOR® is.  Keeping all of that information in mind, I like to meet with customers when they are within the 6 month range of moving into their new house for several reasons.  The first of which is to put faces to name – I like knowing who I’m working with and from experience, buyers do, too.  When we schedule our sit-down, I will ask several questions that…

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Welcome back to Home Buying 101 – Throughout this series I will be detailing the various parts of the transaction process for purchasing a single family home.  My goal is to answer the many questions looming around purchasing, especially for first-time home buyers. If you are just beginning, I recommend starting with Part One: Understanding Equity.

 

  

In 2015, 88% of home buyers decided to use a REALTOR®; and those numbers are up from 2001 at 69%.  Why is there an increase in the partnerships?  Buyers realize the benefits of using a REALTOR® - as part of the local MLS, the agent has access to the most updated sales statistics which is invaluable when preparing an offer.  From the sales statistics, an agent can pull comparison…

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On February 11th, Nathan Rich and I will be co-hosting another Home Buying 101 Class!  It is a FREE event for anyone that is interested in learning more about the process involved with buying a house – including both sides of the transaction, lending and real estate.  PLUS we will provide breakfast and coffee! 

While enjoying breakfast, you can expect to learn about the following:

-       What happens from being under contract to the day you receive your keys

-       Important documents, ex: Information About Brokerage Services, Buyer/Tenant Representation Agreement, and 1-4 Family Residential Contract

-       The various types of properties available to purchase – did you know there’s more than just a traditional single family home?

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$269,900                      1,852 Sq Ft                  3 Bed/2 Bath                  MLS 17000248

This charming home is nestled on a 1 acre lot in Hunter’s Creek minutes away from all that College Station has to offer. With 3 beds/2 baths, this home offers an open living space, formal dining area, wood, tile and carpet flooring throughout, and a living room fireplace with wide windows to enjoy the country feel that awaits outdoors. The over-sized island in the kitchen will delight you, as will the granite countertops, tile backsplash, stainless steel appliances including a Kenmore elite double oven and microwave as well as a walk-in pantry. The spacious laundry room is equipped with a hanging rod. From the master bedroom, enjoy his and…

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  You will be awed by the charm of this exquisite craftsman home! Beautifully nestled among trees and surrounded by a lush green belt, this home provides the utmost privacy. Boasting 3 beds & 3.5 baths, a quaint study and an elegant chefs kitchen this home is of the foremost desire. The great room features beautiful wooden ceiling beams, gorgeous butted glass and custom touches throughout. Kitchen offers commercial grade range with pot filler, built in island storage and impeccable 15+ ft ceilings. The master suite offers hand scraped wood floors, a private bar area and large his/hers vanity spaces. Outdoor living area includes a kitchen and fireplace overlooking a fantastic pool and hot tub.

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Welcome back to Home Buying 101 – Throughout this series I will be detailing the various parts of the transaction process for purchasing a single family home.  My goal is to answer the many questions looming around purchasing, especially for first-time home buyers. If you are just beginning, I recommend starting with Part One: Understanding Equity.

 

In 2015, 32% of all home buyers were first-time buyers, with a median income of $69,400.  According to Zillow, 47% of all purchasers were first-time home buyers in 2016, which is a significant increase.  Why did so many decide to take the plunge? Let’s start by looking at the differences between renting and buying below.

As you can see from above, there are more pros to buying than…

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$260,000      2 bedroom, 2 bathroom    1,777 SqFt    MLS# 17000060 RARE 2 bed-2 FULL Bath duplex with open concept in Eastgate. On Bus Route and biking distance to campus! Ample parking and NEW fenced-in backyard with patio. Large living room and eat-in kitchen with granite counters and new appliances, including washer/dryer. Don't miss this one! Recently updated, new HVAC, lighting, etc! Motivated Seller!    

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Welcome to my new blog series, Home Buying 101! I will be detailing the various parts of the transaction process for purchasing a single family home.  My goal is to answer the many questions looming around purchasing, especially for first-time home buyers.

 

There are a lot of words thrown around when discussing purchasing property.  One of the most confusing concepts for first-time home buyers is equity.  It’s not a dirty word, I swear. 

 Equity in real estate is defined as the difference between the market value of your property and what you owe to the lender for the mortgage.  For example, let’s say the market value of your home is $150,000 and you owe the lender $120,000; that makes your equity $30,0000.  Sometimes equity is…

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    $449,000       4 bedroom, 3 bathroom        3,963 SqFt In the heart of Eastgate, nestled on a large (.82 acre) heavily wooded lot just blocks from Texas A&M University, this one-story, 4 bedroom, 3.5 bath room home marries indoor spaces to the outside. An architectural delight, this striking home features vaulted ceilings with exposed beams, expansive walls of glass, clean lines and a wide open floor plan. All new energy efficient windows welcome the natural light while the beautifully updated bathrooms and Brazilian cherry-wood flooring highlight the rustic and natural elements. A large master suite beckons relaxation and features vaulted ceilings and a personal coffee bar as well as separate his and her bath areas. At…

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