May 8th, 2008
If you are a Spring Texas home seller, you better be ready to compete against new construction homes for buyers. Because in and around the Spring Texas area, buyers have numerous new construction options.
How do you compete?
Better Pricing - New home builders are luring in buyers with huge discounts, financing incentives, flat screen TVs, and furniture gift cards. Now you don’t have to give the buyers your TV to get your house sold. But you need to have it priced right to attract the buyers. They will be comparing your home against others they view and they won’t make offers on over-priced homes.
Excellent Condition - The builders inventory homes are NEW. They do not have worn out carpet, outdated light fixtures, loud paint colors, grout that needs a deep cleaning, or sidewalks that could use power washing. The builders homes sparkle and so should yours.
Read Also: Top 30 things to do before putting your home on the market
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May 3rd, 2008
In negotiating price on Spring Texas homes, there are two things I can count on. First … buyers never want to overpay and Second … sellers want as much money possible for their home. Since this article is geared towards teaching buyers how to get the best deal on their home purchase, all you Spring Texas home sellers do not read any further. Instead read one of my many articles geared towards Spring Texas home sellers.
Okay buyers, now that the sellers have left, we can unveil the SECRETS to getting
the best deal on your home purchase.
Be Pre-Approved for a Loan - A pre-approval letter informs the sellers that you are a qualified buyer who has the financial means to purchase their home. In many instances, the sellers will not even begin the negotiating process until they have received your pre-approval letter. Read More »
April 23rd, 2008
If you want to make more money instead of less money on the sale of your Spring Texas home avoid these 9 mistakes.
9. Defer maintenance items (A.K.A. - “Honey Dos”) - Before you put your house on the market get all of those weekend projects that you have been putting off done. Buyers want to move in and immediately begin enjoying the home. They want their first action item to be unpacking and not repairs.
8. Don’t replace so the buyer can choose their own color - Buyers are unable to visualize what the new carpet will look like in your home. All they see is the carpet that is in need of replacing. And even if they were able to visualize it, they 1) are going to over estimate what the cost is going to be and 2) don’t want to deal with the hassle of having it installed.
7. Seek advice from friends and family members when establishing the price for your home - Your friends and family members have probably sold homes before and maybe even in your
general area. But are your friends full-time Realtors in your local real estate market? If so, listen to them and get their advice. If not, follow the advice of your full-time Spring Texas Realtor. Remember your Realtor is the expert. Your Realtor helps people buy and sell homes for a living not just every couple of years but day in and day out.
6. Make showings inconvenient for the buyers - The Spring Texas real estate market has plenty of inventory right now. If buyers can’t view your home at a time that is convenient for them, they will just move on. So don’t make the mistake of thinking buyers will or should work around your schedule. Because they won’t.
Read also:
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April 11th, 2008
The Houston Association of Realtors (HAR) has released the MLS statistics for the month of march 2008 for Area 13 which the majority of Area 13 would be considered Spring TX.
The closed sales for March 2008 were 231 which was 16% less than a year ago. The quantity of active listings for Area 13 are 1,717 which is 4% more than a year ago. The average days on market (DOM) remains relatively unchanged from the prior year at 87 days.
The combination of the decrease in closed sales and the increase in inventory over the prior year has added one month to the quantity of months of inventory increasing it to 6.8 months. Over six months of inventory typically is referred to as a buyer’s market. Read More »
April 6th, 2008
One of the questions, we are asked the most has to be “How are the schools in Spring Texas?” Its a good question. The quality of schools not only impact the education received by our children but they also impact real estate prices. A quality school that is in demand will increase real estate prices and just the reverse occurs with a lesser quality school.
“How do you determine which schools are good?” One of the methods we use to assess the quality of education provided by our schools are the Texas Assessment of Knowledge and Skills (TAKS) scores. The TAKS are standardized tests administered to students in grades 3 - 11. The Texas Education Agency (TEA) rates schools and districts based largely on the results from these scores. Read More »
April 5th, 2008
The wait is now over …. Spring Texas has its first Fine Arts Museum. The efforts of Clara Lewis and Rev. Glenn Wilkerson which started thirteen years ago have finally become a reality with the opening of the Pearl Fincher Museum of Fine Arts. The only Fine Arts Museum in the Houston TX area that is outside the Houston Museum district.
The museum came about its name in 2006 when The Fincher Family Trust made a major donation to the Museum of Fine Arts, Cypress Creek in honor of their mother, Pearl. The museum is a smaller scale version of the Museum of Fine Arts, Houston. The Pearl Fincher Museum of Fine Arts is an independent facility from MFAH but they have a strategic cooperative relationship which is certain to benefit the residents of Spring Texas. Read More »
April 3rd, 2008
When people ask us “Why do we live in Spring Texas?“, we usually respond with “How much time to do you have?“ So to help people understand why we choose to live here, we came up with a list of our favorite reasons to call Spring Texas “Home”.
“TOP 20 Reasons to Live in Spring Texas”
20. The Weather - In the last seven years, it has only snowed once and then it was gone the same day. We still own winter coats, but only need them a couple of weeks out of the year.
19. Location to other major Metropolitan areas - A 3.5 hour drive gets us to San Antonio, Dallas, or Austin for a long weekend, a short vacation, or just a change of scenery.
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March 25th, 2008
One of the bad things about growth is that sooner or later we are going to have to pay for its impact on our infrastructure. And pay we do, usually in the form of increased taxes. Over the last four years, our Klein school district has experienced growth. Growth of more than 16% or 6,000 students. Thus the need for another school bond election. If it passes, its projected to increase real estate taxes for Spring Texas homeowners by $0.20.
If you are like thinking, it wasn’t that long ago since Klein school district had their last bond election. You are right. Their last bond election was in 2004 for $224 million. It was projected to increase real estate taxes by $0.26 but luckily only reached $0.22. If you are not familiar with the components of our Texas property taxes, read Texas Property Taxes Why are they so HIGH?
What exactly is a school bond and why do we need it? Read More »
March 19th, 2008
Whenever I receive a low ball offer I have to hold back my gut reaction of wanting to call the buyer’s agent and say “Is your buyer CRAZY? How could they offer so little for such a great real estate property?”
I know that getting upset with the buyer’s agent is not going to get my seller’s house sold. So instead I calmly call the buyer’s agent and seek first to understand. As I am hopeful that the reason I received a low ball offer is because of a misunderstanding of the comps, the Spring Texas real estate market, or the cost of upgrades that need to be made to the home. Read More »