Realty Executives has the best technology tools to help you sell your home. In todays world of high speed and instant information, we can get the job done. Our Executives have access to the finest tools available.
HUD has approved a new $100 Down Payment Program for “Owner Occupied Buyers” of their HUD Foreclosure inventory. From now until October of 2012, in selected states (including Texas), Buyers using FHA Financing and standard qualifying guidelines can take advantage of this fantastic opportunity.
The program can also be applied to an FHA 203K Loan to fund repairs on the home purchased. So, a Buyer can find a suitable HUD foreclosed property, fix it up, and finance it all for only $100 down payment. Plus, HUD is willing to cover up to 3% in Buyers closing costs.
We think this program will help to eliminate some of the huge inventory. To get in on this opportunity, be sure to ask one of our Executives to help you find a HUD Home. You will need a pre-qualification letter from your lender. These homes are offered in an online bid process. Check out www.HUDHomestore.com to search on your own, or ask one of our Executives to show available homes in your price range.
Sales of single family homes in the San Antonio area have been fairly steady over the last 3 years. Although off since the high in 2006, we have closed around 17000 plus homes per year from 2008 to 2010 and are on line to close around the same number this year.
Certain price ranges are in short supply however. There is only a 4-5 month supply of homes priced under $175,000. We think it is a stretch to call it a Seller’s market, but the short supply certainly helps the Seller. Homes priced from $350,000 to $900,000 have a 1-2 year supply.
As always, pricing is the key to a timely sale. Price your home right, present it well by properly preparing it for sale, and hire a Realty Executive to get the job done.
Buyers only get one first look at a property, and they don’t want to use their imagination. They assume the house they see is as good as it’s going to get. If you want your home to sell, step out of your comfort zone and think like a buyer. Here are three ways to help you turn your house into the home of someone else’s dreams. We’ve broken down each category into low-cost, “Basic” tips and tricks, and an “All-Out” blow-the-budget transformation. How far you take it is up to you. Continue reading →
Many purchasers have been sitting on the sidelines waiting for home prices to hit bottom. They want to guarantee that they are purchasing at the best possible price. Like them, we also believe that prices still have some room to fall in most markets. However, we disagree that waiting is a good financial decision. The buyer should not be concerned about housing prices. They should be concerned about cost.
The cost of a house is made up of the price AND THE INTEREST RATE they will be paying. Two different pieces of news released yesterday highlight this point.
PRICES
The National Association of Realtors (NAR) released their 4th quarter housing research report. In the release, they reported that home sales rose 15.4% in the 4th quarter over the 3rd quarter. They also showed that prices remained stable during the year: Continue reading →
As Dean Hartman said last week, the purchase of a home is a personal decision. However, we want to give everyone four great financial reasons why you should not wait before taking the plunge into homeownership.
Interest Rates Are Increasing
Interest rates have increased almost 3/4 of a point in the last six months. Most experts expect rates to continue to increase through the year. Interest rates along with price determine the overall cost of a home. Even with prices softening, if interest rates rise, it may be less expensive to buy now rather than wait. Continue reading →
Lorem ipsum dolor sit amet, consectetur adipiscing elit. Vestibulum massa risus, condimentum sed pellentesque ut, venenatis in dolor. Duis vestibulum purus vel sem malesuada sed fermentum enim ultricies. Vestibulum consequat dignissim lacus, sit amet sodales augue dignissim ac. Nulla non iaculis massa. Donec in diam varius nibh interdum posuere non ac velit. Suspendisse potenti. Mauris quis vulputate sapien. Sed egestas posuere vestibulum. Pellentesque dui lacus, egestas a porta vel, lobortis sed nisl. Cras ac dui a tortor luctus elementum. Fusce augue nunc, ultricies quis commodo id, vulputate et risus. Nulla eros arcu, elementum vel ornare vitae, tincidunt vitae nulla. Phasellus tristique ipsum et nisi ultrices rhoncus. Curabitur aliquet erat et nibh ultricies tincidunt rutrum ligula adipiscing.
Buyers only get one first look at a property, and they don’t want to use their imagination. They assume the house they see is as good as it’s going to get. If you want your home to sell, step out of your comfort zone and think like a buyer. Here are three ways to help you turn your house into the home of someone else’s dreams. We’ve broken down each category into low-cost, “Basic” tips and tricks, and an “All-Out” blow-the-budget transformation. How far you take it is up to you.
by Steve Harney, Keeping Current Matters
As Dean Hartman said last week, the purchase of a home is a personal decision. However, we want to give everyone four great financial reasons why you should not wait before taking the plunge into homeownership.
More Options
What is This?
