When buying a home, property taxes are one of the expenses that can make a significant difference in your monthly payment. Do you know how much you might pay for property taxes in your area or the area you want to relocate to? Get the Details on Texas Property Taxes Texas has no state income tax, so property taxes take up the slack. Taxes vary by city, school district and other factors. When Continue Reading
What to Expect from a Home Inspection
Kick-off the Inspection Process You made an offer on a house and the seller accepted it. What now? Your next task is to get the home inspection done during the option period. The home inspection is a pivotal point in the home buying process. Understanding the timing and value of a home inspection is easier than you think. A home inspection is a visual examination of a property's structure and Continue Reading
Owning a Home Can Increase Family Wealth
Increase Your Family’s Net Worth With a Home The Federal Reserve conducts a Survey of Consumer Finances every three years, collecting data across all economic and social groups. Their latest survey data covers 2013-2016. This study revealed that the median net worth of a homeowner is $231,400 – a 15% increase since 2013. Also, the median net worth of renters decreased by 5% ($5,200 today vs Continue Reading
Best Places to Retire Includes Dallas
DALLAS-FORT WORTH RANKS #10 Yes, we’re Texas proud! U.S. News and World Report recently released its list of the Best Places to Retire in 2020 and (no surprise to locals) it includes six Texas cities, with Dallas-Fort Worth taking the #10 spot nationally. This was a comprehensive evaluation of how well the 125 largest metropolitan areas in the U.S. (where the majority of the population lives) Continue Reading
DIY Fix-Ups for Fall
It’s October and the cooler weather is a reminder to get started on preventative maintenance for your home. I've yet to own a home that didn't benefit from a little fall fix-up. Here are a handful of do-it-yourself projects to get your home in tip-top shape for winter. Pick up all fallen leaves to limit damage to grass and “critter” invasions Unclog gutters to protect windows and Continue Reading
What Buyers Need to Know About HOA’s
When searching for a home in North Central Texas, you will probably end up selecting a property in a community with a Homeowners Association (HOA). Before you buy, it’s important to know how an HOA works and what they mean for you. ACCORDING TO A RECENT ARTICLE ON REALTOR.COM, “In a nutshell, an HOA helps ensure that your community looks its best and functions smoothly. The number of Continue Reading
Talk the Talk
Buying a Home: Do You Know the Lingo? Some Highlights: Buying a home can be intimidating if you’re not familiar with the terms used throughout the process. To point you in the right direction, here’s a list of some of the most common language you’ll hear when buying a home. The best way to ensure your home-buying process is a positive one is to find a real estate professional who Continue Reading
5 Reasons to Sell this Fall
As a Realtor® in Collin County, I’ve always said “I work all year round” and that’s true. People buy and sell homes every day of the year. It’s also true that the market reacts to events, holidays, school, and of course the economy. If you’re wondering if this is a good time to put your house on the market, below are 5 compelling reasons listing your home for sale this fall makes sense. 1. Continue Reading
Experts Say Strong Ending for 2019 Housing Market
We’re in the back half of the year, and with a decline in interest rates as well as home price and wage appreciation, many are wondering what the predictions are for the remainder of 2019. Here’s what some of the experts have to say: Ralph McLaughlin, Deputy Chief Economist for CoreLogic “We see the cooldown flattening or even reversing course in the coming months and expect the Continue Reading
American Confidence in Housing at an All-Time High
Fannie Mae just released the July edition of their Home Purchase Sentiment Index (HPSI). The HPSI takes information regarding consumers’ confidence in the real estate market from Fannie Mae’s National Housing Survey and condenses it into a single number. Therefore, the HPSI reflects consumers’ current views and forward-looking expectations of housing Continue Reading
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