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 languages 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 will Continue Reading
Right to Cancel on Refinancing
As part of the federal Truth-in-Lending Act, refinancing homeowners are granted a 3-day “cooling off” period post-closing during which they retain the right to rescind, or “cancel”, their recent refinance without penalty or cost. The Right To Cancel is protection against surprises at closing and/or a change of heart. It’s also a safety valve for homeowners signing paperwork under duress. With 3 Continue Reading
Safety Tips for Using Space Heaters
Using Space Heaters? Take This Safety Advice. Space heaters are popular among homeowners because, as portable appliances, they can heat a small space quickly and inexpensively. It requires less energy to run a space heater than to raise the temperature of an entire home by a few degrees. Space heaters can be dangerous! If not used properly, space heaters pose significant fire and electric shock Continue Reading
Best Places to Retire 2021 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
Texas Contract Addendum COVID-19
Editors Note: This is not legal advice and is intended only to make you aware that this promulgated form is available. In the event that this form is presented for your consideration on an existing or new contract, you may want to consult an attorney. The following is taken directly from the Informational page about the COVID-19 Addendum. The use of the COVID-19 Addendum to Texas real estate Continue Reading
Need a Mood Boost? Get a Plant!
House plants aren't just for looks - the right house plant can help de-stress your home. Studies show that having a house plant is a known mood booster, plus they provide you with cleaner air and can create a sanctuary of peace and tranquillity. House plants can scrub the air of toxins and help improve our overall well-being. They clean the air by removing harmful pollutants from the air and 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
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
