Kingwood, TX Real Estate News

If you have excellent credit you will have the least amount of hurdles to jump through. When financial institutions and other companies that make mortgages in Kingwood Texas are looking at your credit they are generally referring to your FICO score. Most people don't know how to look at their credit scores. But this can be very important when it comes to getting credit. Many company's use these scores to determine whether you can pay your bills and how you pay your bills. Anything under 600 is considered bad credit. So this is why it is so important to keep an eye on your credit score. And to get a credit report every 6 months to determine if there is any false information on your credit history.When looking at your credit score you will have access to the best loans and more negotiatin...
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By Allen Keith Hebert, Kingwood Humble Atascocita Spring Huffman The Wood
(Register Real Estate Advisors Conroe)
Please join Exit Realty Associates this Thursday at NOON for lunch and an open house training event that is open to all. Food & beverages will be served. (Lunch will be served at 11:45) EXIT Realty continuously works to equip its Associates with Business Critical Information, Tools, and Training. To that end, we proudly present: "Inside Scoop on the Foreclosure Market" Get the "Inside Scoop" on: *Banking Trends *Policy *Process *Direction Some topics that will be covered are: Foreclosure 101 - the three stages of foreclosure 2007-2008 foreclosure market recap 2009 foreclosure outlook Working with foreclosures and distressed homeowners Open discussion - Q & A  Realtors of all experience levels can benefit from this presentation!  This event will be held this Thursday, from 12 pm to 1:30 ...
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By Edward Bachman, Your Kingwood TX Realtor
(EXIT REALTY SOLUTIONS)
The RULES HAVE CHANGED!  How Critical is Your Credit Score?  I know that we do not like it but in some sense, the lending rules needed some serious reform in order to sift out the people that can and should be homeowners from those who should not have a mortgage.  The American DREAM is not a dream if there is no work patience and responsibility involved in acquiring it. Part of the WORK involved is to have a good credit score.  If you are not somewhere in the range of a solid 620 or higher, you will probably NOT get a mortgage.  I recently had a potential home buyer make the remark that her credit was SO bad that she did not even think that she had a credit score.  Another person wanted to know if he could "add up several peoples scores to accumulate a 620 score."  The fact is....YOU mu...
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Top 3 Problems Kingwood Texas Investors Make when Buying Foreclosures, by Investing Expert Bryan FaganForeclosures have the reputation of being very profitable investments for real estate investors. Although that's a fact, they are not safe investments as you can make lose much money. This article explains the three most common pitfalls. Kingwood Texas investors make, so you can avoid these mistakes if you decide to invest in foreclosures.Pitfall #1 - "All Foreclosures are Good Deals"This simply isn't true. Remember, homes that have gone through foreclosure often have serious condition problems. For which government and banks are willing to provide discounts on the property's price. Even then, however, the property may not be a great investment.Not all investors believe foreclosed homes...
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By Edward Bachman, Your Kingwood TX Realtor
(EXIT REALTY SOLUTIONS)
  Now that we have submitted an offer and it has been EXECUTED, there are some Last Minute Details  that we want to address as we move forward.  Both the buyer and seller have agreed upon the terms and are moving forward with the purchase so we need to keep the ball rolling.  Upon EXECUTION, the clock begins to tick and "time is of the essence."  We more than likely put into the contract a "10 day OPTION PERIOD" for a minimal fee.  (usually $100)  This is inexpensive insurance that gives you 10 days to perform your inspections, and further investigate the property.  If for any reason you decide to walk away from the deal, you only forfeit $100.  This is probably one of the most challenging periods of time during the whole transaction for everyone involved.  Once the OP or OPTION PERIOD ...
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By Edward Bachman, Your Kingwood TX Realtor
(EXIT REALTY SOLUTIONS)
I spent a few hours on two back to back days with a client who was looking quite seriously at purchasing within the next month or so.  This couple wrote the book on HOME BUYING TIPS that are good for us all  to remember.  They were not in a huge hurry but they were serious. They were renting and under no pressure to leave his lease.  For he and his wife, the time had come to purchase their own home...again....they had owned homes in the past and thought that they would try renting a house.  They did not like it after a few years so it was time to end the experiment and get back into the swing of home ownership. There were a few things that impressed me about this buyer.  He carried with him a notebook and a camera.  Each home that we looked at, he not only took a LOT of notes about it b...
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You need to interview multiple brokers rather than just using the first one you come across. You should approach choosing a Kingwood Texas real estate agent just like you would hiring an attorney, doctor or insurance agent. You will want to be sure to shop around the Profile.market a place where you will have access to meet your financial necessity.It is much more difficult to get traditional financing for these properties because they are looked at a little different than a primary residence.When looking at purchasing a fixer in Kingwood Texas it may be that traditional banks and mortgage brokers just can't help. If this is the case you may have to see what is referred to as a hard money lender.Check with your real estate agent in the Kingwood Texas area, for people seeking hard money ...
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A number of reasons exist for wanting to sell off your house quickly. It will lower your stress level, since having the question of whether your home will sell while it's on the market hanging over your head can be quite unpleasant and stressful. The perceived value of your property can be greatly affected by the amount time it sits idly on the market. Whatever said and done, selling a house quickly is always better We'll cover how to sell your house quickly and profitably in this article.Make Your House Seem As It Is Worth MoreBe certain that your home is in the best condition. If you want to get the highest price and generate that spur-of-the-moment "I want this house" reaction from potential buyers, you need to have your house in the best condition you can get it.The kitchen and bath...
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Get the best loan for your investment property in Kingwood Texas. Whether you are looking for financing for a rental property in Kingwood Texas that you are going to keep as a rental or sell it for fast income. This exclusive group of reports will show you the place to start for financial investments. SPECIAL REPORT:Bryan Fagan Discusses How to Finance Your Investment Property in Kingwood Texas.Looking for investment properties in Kingwood Texas can be a lot of fun. One of the perks of buying property is thinking about how the property will appreciate over the years However, before you begin seeking out properties in earnest, you must have your financing squared away.If you are planning on financing a rental in Kingwood Texas It is best to start by contacting a mortgage broker that work...
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By Edward Bachman, Your Kingwood TX Realtor
(EXIT REALTY SOLUTIONS)
What in Heavens Name is PMI and Do I Even Need It?  Seems like almost everything concerning real estate has an acronym so it is easy for the consumer at times to ignore the things that they do not understand.  This could however be a costly mistake as some of these ACRONYMS cost you your hard earned money.  PMI would be one example of this.   In short, PMI stand for Private Mortgage Insurance.  It is insurance that lenders require on most loans that are more than 80% of the homes value.  So, if you put less than 20% down on the purchase you are normally required to pay PMI.  Depending on the value of the loan, this can add up to a substantial amount of money every year as it is in addition to the Interest and Principal payment every month. What does PMI do?  It is designed to protect th...
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By Bryan Fagan
(Law Office of Bryan Fagan)
The first man may lose something, but from his loss, the second man will profit.This is an old Latin proverb that has been used for centuries. Someone else's difficulties are another persons financial chances.Foreclosure investing in Kingwood Texas has become one of the top portfolio builders in the past decade. Obtaining easy credit with an adjustable interest rate with a subprime mortgage in the Kingwood Texas real estate market is a thing of the past, so expect to pay a higher rate of interest. According to Fitch Ratings, an investment analysis firm, nearly one fifth of all home loans are suprime, leaving a bleak future outlook for the number of people tenaciously holding on to their properties in the Kingwood Texas real estate market. In the currently decimated real estate market in...
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Buying a residence in Kingwood Texas can be a hair raising experience. You will experience a roller coaster of emotions while finding the right place, securing the loan and finally moving in. For most of us, the first time home purchase is the largest investment we've ever considered. The emotions of purchasing something so expensive and personal can often cloud our business judgment.Most home purchasers looking ot buy a home in Kingwood Texas, do little or no research before they invest their nest egg. Doesn't it make sense to become as completely informed as possible before you buy your first home? This special report is designed to help you avoid 10 common and crucial mistakes. The right real estate professional can help you make good, sound business decisions based on your personal ...
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By Edward Bachman, Your Kingwood TX Realtor
(EXIT REALTY SOLUTIONS)
There is no question that there are many considerations for the purchase of a home.  Yes, IT IS A BIG DEAL!  You are about to make probably one of the biggest expenditures and long term commitments of your families lives.  It needs to be approached carefully and with the guiding hand and council of a professional Realtor like myself.  This is the one time time that you cannot afford to make a mistake.  Surrounding yourself with professionals will in fact cost you some dollars up front but it can save you untold thousands down the road.   Another fact of surrounding yourself with professionals is that it will in fact save you TIME AND MONEY.  I had a client a few weeks ago supply me with a list of 25 homes that he wanted to go and "look at."    He and his wife needed to make a purchase i...
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By Bryan Fagan
(Law Office of Bryan Fagan)
Do you want to know what the appropriate price to offer is Kingwood Texas? Master it from Experienced Real Estate Expert. Bryan FaganNow that you have found a home that you would like to buy you need to present an offer. You might wonder how to decide upon the correct price for a home in Kingwood Texas? In this article, I'll show you exactly what you should consider when you're picking a number for your offer.Tip 1 - Understand the Kingwood Texas The first step is to consider what the market conditions are.The current state of the real estate market in this locale Kingwood Texas have had both upswings and downswings in the last several years. Is it a buyer's market right now, or a seller's market? Is a house likely to sit on the market for weeks, or is it likely to receive multiple offe...
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During the home buying process when youíre seeing house after house every day, the houses can sometimes seem to blend together. What exactly should you be looking for in a home? In this article, Iíll go over the top 5 things you should look for based on my experience with Kingwood Texas real estate.Factor #1 ñ LocationThe most important factor in considering a home purchase is its location. You can always remodel the kitchen or improve the lighting, but the location can never be changed.Factor #2 ñ The ViewFor many, the view is a key factor when purchasing a home. Does your home overlook a beautiful mountain top or does it face a busy, dusty road?Factor #3 ñ Overall Feel of the HouseHow does the house feel overall? Does it feel bright? Homely? Lively? Remember that how your house feels ...
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By Edward Bachman, Your Kingwood TX Realtor
(EXIT REALTY SOLUTIONS)
I remember the first time that I did IT.  Do you?  I was in LOVE and had pretty much made up my mind that I was going to do IT no matter what anyone else said or thought.  I met her at the house and we did it, right on the kitchen table no less.  A few friends tried to council me NOT to do IT but I was not listening.  It was quite an exhilarating experience.  I remember getting flush all over, my heart was racing, should I or shouldn't I, what will my mom and dad think, what will my friends think, for that matter, what will my priest even think.  Am I doing the right thing?   And then it happened.....I picked up the pen right in front of her....my Realtor .....and signed the contract to purchase.  The deal was consummated and I had just begun the process of purchasing my first home.  Wi...
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By Bryan Fagan
(Law Office of Bryan Fagan)
Alright. So hiring a Kingwood Texas home inspector is practically a given now. Hardly anyone who just recently purchased a new home ever foregoes a home inspection. But does a home inspection really only occurs after purchase or just prior to it? When is it really the time to hire a Kingwood Texas home inspector to check your potential new home Well, the answer actually depends on whether or not your house is newly constructed or a resale.New HomesIt is strongly recommended with any new home purchase that you ensure that you fully comprehend and understand all the rules and requirements of your warranty program prior to taking possession. You can visit the specific website of your program and review it in detail.However, if you have not yet purchased your new home, it is a good idea to ...
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