Preferred Properties of Texas

The Preferred way to buy & sell property for over 25 years

Why You’ll Win by Selling with a Real Estate Agent This Fall

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There are numerous advantages to working with a real estate professional when purchasing your house. During hard times, like what we confront now, it becomes even more important to have an expert that you trust to help guide you through the procedure.

Your family’s safety should always come first, which is more critical than ever given the present health condition in our country. When you FSBO, it is incredibly hard to control entry into your house. A real estate professional is going to have the proper protocols in place to protect not only your belongings but your family’s health and well-being too. From controlling the amount of men and women in your house at one time to ensuring good sanitization through and after a showing, as well as easing virtual tours for buyers, real estate professionals are equipped to follow the latest industry criteria recommended by the National Association of Realtors (NAR) to help protect you and your family.

Recent studies in NAR have proven that, even before COVID-19, the first step 44% of buyers obtained when looking for a home was to search online. During the process, that number jumps to 93 percent. Now, those numbers have grown exponentially. Most real estate agents have developed a strong Internet and social media strategy to market the sale of your residence. Have you?

As a part of their instruction, brokers are instructed how to negotiate every aspect of the real estate transaction and how to mediate the emotions felt by buyers seeking to make what is probably the largest purchase of their own lives.

Possessing a buyer who wants to purchase your home is the first step. Making sure they can afford to purchase it is just as important. As a FSBO, it is almost impossible to participate in the mortgage process of your purchaser.

Further complicating the situation is the way the current mortgage market is quickly evolving due to the amount of households out of work and in mortgage forbearance. A loan program which was available yesterday could be gone tomorrow. You need someone who’s working with lenders every day to ensure your buyer makes it to the final table.

The documentation included in the selling process has improved dramatically as more and more disclosures and regulations have become mandatory. In a litigious society, the agent acts as a third party to aid the seller avoid legal jeopardy. This is only one of the major reasons why the percentage of people FSBOing has dropped from 19% to 8% over the last 20+ years.

Many homeowners believe they’ll save the actual estate commission by selling on their own. Realize that the chief reason buyers look at FSBOs is since they also think they can save the real estate agent’s commission. The seller and buyer can’t both save on the commission.The more buyers who view a house, the greater the opportunity a bidding war will take place.

Listing on your own leaves you to manage the entire transaction by yourself. Why do that when you can hire an agent and still net the same amount of money? Before you decide to take on the challenge of selling your house alone, reach out to a local real estate professional to discuss your options.

Preferred Properties of Texas is here for all your real estate needs. Give us a call today.

Buying Hunting Land

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From the searching discourse, few competitions the sense of owning your own hunting property. Hunters, who have searched to a buddy’s property or public property in prior years, will notably experience unprecedented liberty. For once, they’ll be the sole owner setting and creating the governing rules and regulations of the searching land.

Hunters possessing their own territory will have the ability to handle several aspects of this land they would need to compromise . How a lot of people would you like access to your property? Would you need to be the sole hunter on the property? You have to pick.

These advice for purchasing hunting property will direct first-time buyers through all the main variables to take into account while buying that ideal back 40.

1. CONSIDER YOUR BUDGET

The main suggestion to consider when buying your hunting property is to ascertain your budget before starting to look for the ideal property. A hunter’s funding will determine a good deal of different facets surrounding potential searching plots. These variables include the size, place, and carrying capacity of their property (how many human animals in certain species that the property can hold).

This step in the procedure also includes determining if you’re going to write a check to your property or fund a loan connected to the property.

2. Pick a RECREATION REALTOR

Individuals seeking to purchase their first home usually get in touch with a residential property specialist. Hunters seeking to purchase their very first plot of land must behave similarly and get in touch with a realtor that’s familiar and comfortable with hunting hosting and for searching territory.

A realtor that’s knowledgeable about the recreational land-owning procedure and understands what to look for while purchasing hunting property won’t just speed up the searching process but also supply additional wisdom which may positively impact your buying experience.

3. TYPE OF HUNTING LAND

Not all hunting property is made equally. Are you seeking to construct a hunting cabin or other construction on the home? Are you really going to get the property from the street or from ATV or alternative procedures? Are there sufficient trees to maintain different tree stands?

Every one these questions, together with a couple of other people, should be taken into account when assessing a possible article of hunting property. Other concerns to be considered include the properties situated adjacent to the searching territory.

4. DO THE NEIGHBORS HUNT?

Allowing to landowners in the region is a good way to learn extra information related to the property you’re assessing. Do your neighbors follow pest control practices? Are they seekers themselves? Can they allow many different seekers to get their territory?

Establishing a wholesome relationship with your adjoining neighbors early on from the landowning procedure will provide you a fantastic idea of how things will unfold later in the season if you’re competing for wildlife.

5. FOOD & SHELTER FOR WILDLIFE

The entire reason to get hunting property is in order to search on it. It is difficult to search on a plot of land which retains no wildlife. The ideal method to judge the carrying capability of a specific plot of land, besides really seeing deer or other species around the property, is to gauge how much shelter and food are gift for wildlife around the house.

ENJOY YOUR HUNTING LAND!

Owning your own article of hunting property can be quite a rewarding and pleasurable experience. Hunters after the prior strategies for purchasing hunting property will certainly understand what to look during the land-owning procedure. If you are thinking about buying hunting property, take a look at the wide choice of properties accessible at Preferred Properties of Texas, now.

 

Is Fall The New Spring?

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As the summer market ends and the beginning of the autumn property season begins, it looks like the historically fast-paced spring and summer seasons will take over to the colder seasons. So, does that mean fall is the new spring real estate season? It sure seems to look like that. With record-low mortgage rates, rapid action, higher demand for houses with less inventory, and a change of buyer needs, get ready for a strong fall housing market.

Mortgage rates have remained at record lows. The Federal Reserve has kept interest rates low during the pandemic in an attempt to keep the economy moving. Their effort has been successful as 2020’s housing market has outperformed 2019 using a forecast from the National Association of Realtors Chief Economist Lawrence Yung that this year’s home sales will surge past the 5.34 million homes sold in 2019.

The autumn property season should radically surpass previous seasons especially because of greater action. Together with low mortgage rates comes less stock. Realtors across the nation are seeing a surplus in clients along with a drop in available homes. In other words, there aren’t enough houses to keep up with the current demand. Due to the incredibly large demand, current projections forecast the aggressive competition among prospective buyers noticed this summer to last into the autumn season. Average houses available are expected to continue the trend of multiple offers, causing the average home cost to leap considerably. Along with the present trends, we are also visiting first-time homebuyers fearlessly make the jump to homeowner status.

While our current norm of everyday living has evolved so have the requirements of our property. The need for multifunctional, spacious houses has improved. Before the pandemic, a three-bedroom, two-bath, kitchen with upgraded appliances, and a comfortable living room were enough for homebuyers to register their name on the dotted line. However, as the global pandemic carries life as we once knew homeowners’ needs have altered. With millions of Americans working from home and the powerful indication that this will continue after the eradication of the COVID-19 pandemic, homebuyers are searching for a home, office, and school all in one. Together with the increase of Americans working in the home, location gets less of a deal-breaker because it was allowing prospective buyers to expand their search parameters.

“Zoom rooms” is a increasingly common phrase being thrown around when searching for a new home. Zoom rooms have been considered aesthetically pleasing rooms that are best for virtual meetings, not just rooms with 70-inch displays, camera, and noise-canceling microphone arrays, which are what a Zoom room technically is defined as. With pupils at home whilst practically learning, having space for children’s various needs such as a safe space outside has fireplaces changing their needs.

Together with the quick pace at which houses are being marketed, mortgage rates likely to stay at record lows, along with a pandemic which have altered how Americans live it is safe to suppose that autumn might be the new spring for property in 2020.

If you’re in the market for a new home, Preferred Properties of Texas  would love to help you buy and sell anywhere in Stephenville, Erath County & surroundng area. Just give us a call, we are here for you!

First Time Homebuyers

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Red real estate sign near house outdoors on sunny day

Things First Time Homebuyers in Stephenville Texas need to be aware of:

Explain Connections
As an instance, a purchaser’s credit rating has a substantial effect on the interest rate they will be asked to payoff. By taking the opportunity to describe how different credit sources work in pulling these links to buyers credit rating and interest rates, you will have the ability to prevent a great deal of questions and confusion in the future.

Narrow Their Choices
As a broker, however, it is your job to guide your buyers to houses for sale in Stephenville that represent a fantastic compromise, checking as many boxes as you can while still giving a fantastic price. By narrowing down their options to two or three standout Stephenville Texas  houses, you’re help shorten their search period and possibly close your purchase earlier.

Know What They Could Afford
One more thing which some first-time buyers’ in Stephenville Texas battle with is knowing how their earnings relates to their purchasing power. As you don’t wish to show your buyer’s houses they can not afford, it is important to walk together throughout the pre-approval procedure before requesting them about what they desire in a house. This will lower the amount of houses which you will need to check through and assist in preventing significant disappointment in the future.

Use Digital Records
Asking your clients to fulfill you to sign up a pile of files does not do much in the means of simplifying the procedure. But if you’re able to send your clients all the essential documents digitally, then you provide them the liberty to check over the files in their period and guarantee they aren’t left with unnecessary mess. Besides, you may attach the files to an email and clarify the goal of the files in order for your buyers are not inundated with legal-ease.

Throughout the home-buying procedure, it can be simple for first-time buyers in Stephenville Texas to eliminate sight of their objective. In the middle of paperwork, evaluations and all the other crucial steps involved with the procedure, your buyers might become overwhelmed because they have never noticed how everything ends up in the long run. Thus, when the going gets rough, it is important to remind your clients which each step in the procedure has a goal. This can help promote them to keep moving until they eventually get to the end line.

How Window Replacement Improves Home Value

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If you’re looking to enhance the value of your home, one of the easiest and most affordable upgrades you can make is to install new windows. Older windows could make your home appear out-of-date and raise questions about their ability to insulate the home’s interior.

New windows are available in many styles that can let more light into your home, filter or adjust the light that enters and even offer built-in shades that can be managed digitally. Here are four ways that new windows can increase your property value:

Update the Home’s Decor

Replacing your older windows can make any room more attractive and functional. Many homeowners have all their windows replaced at the same time for consistent style and effectiveness, but even one room with upgraded windows can add that ‘wow’ factor to your home. You can choose from options like a bay window, a skylight, a stained glass effect, various pane designs and windows with an internal shading feature. With incoming light adjusted through the new windows, you can arrange for each room to have its own ambiance.

Eliminate Air and Moisture Flow

The frame seal on older windows can begin to deteriorate over time. Moisture from rain, snow and ice can creep into the property to create a damp or chilly effect. Strong breezes may cause older windows to rattle, revealing your home’s age and reduced ability to control airflow to the interior of the home. Having new windows installed will seal up any leaks to prevent further problems from outdoor air and damp weather.

Maintain Value

Newer windows are built to last with sturdy materials and expert construction. You won’t have to worry about replacing your new windows anytime in the next few years. They’ll continue to look good as well; keeping your home up-to-date and aesthetically appealing. With a firm seal and quality products, your windows will hold their value without breaking down due to inclement weather conditions.

Reduce Utility Bills

Replacing your home’s windows will keep the cold air out so you don’t end up paying to heat your home against cold air squeezing into aging window frames. The glass of newer windows is also tempered to withstand strong heat, which may also help to reduce heating costs. Windy days won’t cause your new windows to rattle and you don’t have to worry about moisture seeping into the home to increase humidity or glass condensation.

Consider updating the windows in your home for a new look and more efficient heating and cooling. Windows can improve the appearance and overall comfort of your property!

Preferred Properties of Texas

(254) 965-7775|Contact Preferred Properties of Texas