Considering Buying a Home? Contract to Close!


 

So you’ve done all of the preparation work, you’ve checked out some amazing homes with your Realtor and you’re ready to make an offer! Your Realtor will help guide you through your offer and any negotiations that may be needed to get your offer accepted. Many people think that this means they own a house ~ not so fast. Once your offer is accepted you begin your contract period, it will still be about a month, or possibly more, before that home becomes yours.

 

The first phase of your contract period is called the Option period. This is the time frame where you have the home and property inspected. Licensed professionals will be hired to come and look at the structure, the roof, the…

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This gorgeous home awaits you on a corner lot in Pebble Creek subdivision in south College Station. With 4 Bed/3.5 Bath, this home is family friendly and great for entertaining. In addition to the 4 bedrooms, this home offers a large study as well as two living spaces with large windows and plantation shutters filling the home with natural light. The handscraped hardwood floors are an exquisite detail that you are sure to notice. The custom kitchen is a dream space for storage and preparation, as the large granite island is the centerpiece. The stainless steel appliances, double ovens and, brick accents and painted cabinets are finishes that bring this space to life. The remodeled upstairs is a quaint area that is guest friendly with a large…

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  Absolutely breathtaking! This gorgeous 4 bedroom 4.5 bathroom custom Keith Ellis home in the much desired Indian Lakes neighborhood will knock you off your feet the moment you walk in the door. From custom balloon ceilings in the foyer, to wood beam ceilings in the living room and kitchen, and detailed wood work design in the formal dining, this home pulls out all the stops, truly no expense was spared. The elaborate stone and brick throughout is also sure to leave you astounded. Each chandelier was carefully chosen and elegantly placed, along with Lurton lighting system through out, 8 ft thresholds through the home and one of a kind LaCornue France custom stove and cook top. Every room has ample storage space with carefully thought out custom…

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  This stunning lakefront home with 5 bedrooms and 4 bathrooms is located in the ever popular Castlegate II subdivision. This gorgeous home boasts wood floors throughout the open living room, floor to ceiling stone fireplace with custom built in cabinets, and archways into the living and dining rooms. The look through to the kitchen shows off the spacious island with granite countertops and abundance of cabinets, perfect for storage. The farm-style chandeliers above the island and breakfast table add just the right amount of light to the already bright kitchen. The oversized master suite includes double vanity, stand up shower, large soaking tub, and walk-in closet - big enough for his and her wardrobes! There is an additional rooms upstairs with a…

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  This luxurious home nestled in the gated Gardens of Castlegate has 3 bedrooms and 3 bathrooms with a huge bonus room and is chock-full of upgrades. The immaculate landscaping will catch your eye the second you pull into the driveway. The gas exterior lanterns guide you towards the 3 car attached garage complete with work space. Once inside the house, the open floor plan, plantation shutters, and custom stained beams in the great room add to the warmth the space exudes. The immaculate chef's kitchen comes fully equipped with stainless Wolf range, double oven, built in refrigerator, and wine cooler. But the amenities don't stop there! The huge island with custom granite countertops and huge walk in pantry make up this dream kitchen! Love privacy? The…

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Today kicks off the first post of my Neighborhood Series. In this blog series, I will highlight the great neighborhoods that the Bryan-College Station area has to offer! First up is Eastgate in College Station. Eastgate is a great community close to campus that caters to both students and families!

Students will be drawn to Eastgate because of its amazing location. Getting to class is just a quick 5-minute bike, 10-minute walk, or 2-minute bus ride. Students and their parents also love this area because of the wide range of housing options. Newer college student specific homes are always going up, but Eastgate is also full of charming historic homes too! Families may even want to consider purchasing one of the many duplex floor…

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  This incredible 112 acre farm and ranch property is just 35 miles from Texas A&M, is great for recreational use and agriculture as it has both pasture land and wooded areas. This 112-acre piece of heaven can be used for building the home of your dreams or keeping it as-is and enjoying the natural beauty of this open land! The property comes with a large barn and storage sheds and has several ponds spread throughout the acreage! You won’t want to miss the sunrises and sunsets on this peaceful tract of Texas land. *This property is zoned in 2 different counties - Madison and Grimes - therefore, the total acreage is combined with MLS#17008019 to equal 112 acres. Being sold as 1 tract of land.*

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Neighborhoods in College Station, like Alexandria, have shown a consistent trend in their average sale price – they have appreciated, meaning their values have risen over the last 5 years.  As a seller, you could have more than 40% equity in your home if you purchased your home in 2012 or earlier AND originally had a down payment of 20%… that’s huge!  Also, those values don’t include the mortgage payments you’ve been making every month.  How great is that?!

 

There are many uses for a seller’s home equity, one of the major ones being leverage for their next purchase.  For example, if you have been looking to “upgrade” or buy something more fitting for your family, you could sell your current home and use the net profits as a down…

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  Immaculate 3 bed 2 bath home at end of a cul-de-sac directly across from Brother Park. This pristine homes features fresh paint through out, new water heater, recently replaced A/C, french doors, tile floors throughout the house and the list goes on and on with too many updates to mention. This adorable home is perfect for students, investors, or first time homebuyers. LOCATION,LOCATION,LOCATION!!! Near A&M Shuttle bus route.

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In a previous blog post, we talked about equity, which is the difference between the current market value of your property and the amount of money owed on the same property.  Homes in College Station had an average sales price of just over $160,000 in 2012.  Last year’s average sales price was just under $220,000.  If you had purchased your house in 2012 or earlier, that means you could have at least 30% equity in your home… that’s enough for a down payment on your next purchase!

 

Our market is cyclical and has truly heated up & taken off, there isn’t a better time to sell in Bryan/College Station!  Maybe you’ve been thinking about upsizing for your growing family?  Or your family has grown up and you have too much house?  There’s a lot of…

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