Archives for December 2020

Down Payment Assistance Opens the Door to Homeownership

December 7, 2020 by chorton Leave a Comment

A newspaper on a wooden desk – Real Estate

A lot of men and women are happy to get a house right now while affordability is still a highlight of their current housing market. This is certainly clear.

If you do not feel comfy with the fiscal procedure of purchasing property, it’s tough to generate a certain choice. In reality, four homebuyers say they want help to know what they could even manage in the first location. That is the reason why finding the ideal professionals to assist you get through the procedure is so essential.

In addition to that, the exact same poll reports on two-thirds of potential homebuyers think they will require assistance to conserve enough to get a deposit . What they might not understand is there are a great deal of down payment assistance programs in the regional and state levels, and a number have capital readily available for potential customers.

Remember, these apps are not only for first-time homebuyers, therefore it is well worth researching your choices wherever you’re in your own homeownership journey. By way of instance, if you are working at home today, you could be considering moving to a less expensive area where you can stretch your dollar further and have more room, indoors and outside.

If affordability is in your mind and you are hoping to be operating from home longterm, the ideal home might be in a place you have not thought yet. Additionally, the help program you need may be within reach also.

If you are interested in knowing more about down payment assistance programs, extra information can be found via Down Payment Resource. Your property adviser can help you choose which choice is right for you personally.

Thanks to a range of down payment assistance programs, affordable options are out there for today’s hopeful homebuyers. Let’s connect today to get you started on the path to your dream home. Contact Preferred Properties of Texas today.

Ways Low Inventory Is A Win For Sellers

December 6, 2020 by chorton Leave a Comment

The amount of houses available today is significantly lower compared to high buyer action in the current housing market.

After the demand for houses is greater than what’s available on the market, it’s a great time for homeowners to sell their residence. Listed below are three ways low inventory can help you win in case you’re ready to make a transfer this winter.

With a lot more buyers in the marketplace than homes offered for sale, homebuyers are often entering into bidding wars for the houses they want to buy. This purchaser competition drives home prices up. As a vendor, this can certainly work to your advantage, potentially netting you more for your house once you close the deal.

Greater Return on Your Investment. Increasing prices mean houses are also gaining worth, which drives an increase in the equity you have in your home.

This year-over-year growth in equity gives you the capacity to put that money toward a down payment on your next home or to maintain it as additional savings.

Better Terms. When we’re in a sellers’ market like we are now, you are in the driver’s seat if you sell your house. You have the capacity to sell on your terms, and buyers are more inclined to work together with you if it means they could eventually move into their dream house.

So, is low housing stock a major thing?
Yes, particularly in the event that you want to sell your house in the perfect moment. The market today gives sellers immense negotiating capability. But, it won’t continue forever, particularly as more sellers return to the home market following year. If you’re considering selling your house, the very best time to do this is currently .

If you’re interested in taking advantage of the current sellers’ market, let’s connect today to determine your best move in our local market. Contact Preferred Properties of Texas and speak to one of our knowledgeable agents.

Ways To Make Your Guest Feel At Home During The Holidays

December 5, 2020 by chorton Leave a Comment

To increase the stressful period of the vacations, guests arriving to spend this special time of year with you is just around the corner. While being away from home is always challenging, being gone during the holidays can be even harder. Try these easy ways to make a”home away from home” for the visitors to help them feel relaxed and welcome.

Produce a particular place for your TV remotes so that they are easy for the visitors to locate, and it welcomes them into appreciating the TV without feeling as though they’re bothering anything. Include a mobile charger and some cans. You know everybody is going to be searching for it!

Enhance the mattress. Be sure to have fine, clean sheets and a good deal of fluffy cushions . Keep out blankets in the event they get chilly during the evening. Be certain they have comfy cushions to sleep other than simply decorative cushions, also.

Have snacks and beverages available for visitors to enjoy every time they want. Establish a coffee and snack channel in the kitchen so that they do not need to go searching for something to bite or warm up with. Maintain the refrigerator stocked will all kinds of beverages, also.

Have something to see. Before throwing those out old magazines, place them alongside the guest bed for the visitors to flip through. A couple of publications or novels will make your visitors feel welcome and give them something to check at if they are early risers or only need a few quiet moments .

Ensure to have requirements out. Contain any other essentials that are simple to overlook when traveling.

Include them in matters. The top conversations can occur in the kitchen. Have out some games and earn an enjoyable day from it, particularly if there are children around.

Should I Buy A New Or Older Home?

December 4, 2020 by chorton Leave a Comment

Click through to have a peek at the cost differences, upkeep and operation expenses, location and kind of the house when making your choice.

Now, what type of house are you contemplating purchasing? Among the initial questions which you’re likely to be asked is if you want to know more about a new building or an present home. There are quite a few distinct components to weigh between them both, such as radically different rates and prices and some quite interesting pros and cons.

Contemplate Price. New structure will maintain a more restricted source, which often raises the selling cost. As a purchaser, you’ll also receive choices for customizing and updating a new house that may also significantly boost the selling price above an already present home. Generally, new houses cost up to 20 percent over a similar present home in exactly the exact same location. Finally, however, this is based upon the sort of house and where you are.

Reflect on price. Additionally, with appliances new, little repairs and upkeep might be dealt with under house warranty and will be less likely to happen.

Homeowner’s insurance may also have a tendency to be reduced because of the newness element. On the downside, there’s a high probability that a new building is going to be a part of a locality that’s insured by a Homeowner’s Association and will need HOA fees.

An present house might have a different tax base compared to a brand new structure since the house has been less costly to buy. However, an older dwelling may have more substantial upkeep expenses or require considerable and expensive renovations.

Have a notice of the location. If you’re interested in finding a quaint-tree lined road that’s in walking distance to stores and houses with big yards, an present home could be your very best option.

New structure will be farther from conveniences such as schools and grocery shops as well as many sizes are smaller compared to the typical. Also notice that in case the home which you’re taking a look at is among the very first to be constructed in a brand new area, you might be living in a construction zone to the upcoming few decades.

Design is genuinely an issue of personal taste. Many elderly, existing houses have desired architectural allure including crown moldings and stained glass which frequently can not be seen in a brand new structure.

A recently constructed neighborhood can be built by a restricted number of contractors using just a select few layouts while an elderly neighborhood could signify a decade’s value of design. A new house may also be customized to reflect layout components which make life simple for the busy lifestyle such as having technologies built into the house.

Old or new, Preferred Properties of Texas can help guide you into the perfect home for you. Please call today to get started on your search.

Ways Your Bathroom Can Affect The Value Of Your Home

December 3, 2020 by chorton Leave a Comment

Most real estate professionals agree that a home’s kitchen and bathroom are a couple of the biggest selling points for homebuyers. But even if you’re not planning to sell your home in the not too distant future, you ought to want your bathroom to be as cozy and adapting as possible as most men and women spend substantial time in that room every day.

To add value to Your Home, here are several updates to consider:

Shower, Tub, Sink and Toilet. Have a professional check your bathroom plumbing to ensure it remains in good condition. Fix any leaks from the water lines and remove evidence of mold or mildew. Repair a leaking faucet and replace worn or rusty hardware on your shower, sink or tub. Furthermore, remove hard water stains from the toilet bowl or grunge round the base. You may choose to repair or replace fittings that seem dated or that show wear, such as a chipped bathtub finish or cracked countertops.

Lighting. Outdated lighting fixtures can make a room seem stylish and boring. If the electrical isn’t up to code, that issue should be managed immediately to guarantee safety when using bathroom appliances like a blow dryer or electric shaver. Install recessed lighting or wall sconces to coordinate with the remainder of your home decor.

Flooring. A bathroom floor that is cracked or showing signs of age can be replaced easily by using newer water-resistant flooring tile or linoleum. Choose a style that meshes with your toilet’s colour scheme and blends with the remainder of your home. New flooring can quickly brighten up a bathroom to make it feel much more welcoming and upgraded.

Decor. You may want to add or paint wallpaper to just one wall to deliver some character to your bathroom. Add a few plants that will flourish on the moisture and help reduce the danger of mold. A wall shelf for decorative vases, linens or blossoms adds storage to make the toilet more operational. Furthermore, hang framed wall art to decide on a themed shower curtain as focal points of interest.

It will not need much time or money to get your bathroom in prime condition. You can continue to enjoy it forever or be assured that if you choose to sell your home, the updated bathroom could just help close a sale.

Looking At New Homes

December 1, 2020 by chorton Leave a Comment

Looking at a New Home We frequently get ahead of ourselves when looking at a new residence, and if it is beautiful, has sufficient bedrooms and the price is correct, we wish to put pen to paper and make it our own. Rushing into such an important decision and neglecting to be comprehensive can be disastrous, though.

Look closely at how the seller has kept the home and determine whether any issues are problems you’re inclined to accept on. Also get a disclosure statement of any existing issues of which you may not be aware. If you want to obtain the house, stipulate in the contract that the problems be rectified or agree to repair it to get a reduction in the price.

Think about your family’s requirements and how the house may do the job for you. Open stairs into a basement might be impractical when you have toddlers, while a loft bedroom might be a fantastic thing if you have a musical adolescent. You want a space which is reasonable for your family as well as your possessions.

If you would like to get a vegetable garden, a house on a golf course might not match you, but a country cabin will.

Have a tour of this elongated neighborhood. How long will it take you to get into a grocery store or pharmacy? Are there restaurants nearby? Are you currently in a food delivery region? What is the traffic like at different times?

If you have children, research the colleges, child care and recreation opportunities in the area and also think about the protection of the area — both traffic safety and crime.

Preferred Properties of Texas can help you start the process of honestly evaluating the property to make the best decision for your new home and for your family.

Contact us today to learn more about available homes and property in the Stephenville, Erath County and surrounding area.

For all of Stephenville’s new listings text HOMES to 1-877-965-7775