The real estate market is turning around. Almost daily we see articles telling us that the market is heating up again and people are buying homes.. Real estate is local, so you may be seeing more or less activity in your own back yard than I see in mine. But I can tell you that what I am seeing in the Dallas/Fort Worth area is good news to anyone in the real estate community. The inventory of homes on the market is low. The buyers are abundant. But the mortgage companies are still having a heck of a time getting lot’s of good folks qualified for a loan. Since 2008 the credit qualifying quidelines have tightened. For the most part, I think it is a good thing, but it does present challenges to a lot of perspective homeowners. Especially the first time homebuyers. Purchasing a home for the first time is scarey enough. But their are lot’s of us out there that really enjoy helping those folks. I know I always have.
If you are a real estate agent, mortgage professional, real estate investor, landlord or someone that works in the industry to help place prospective homeowners into a home you will want to be apart for a team that has a 17 year track record of helping good people get mortgage ready. CLEANSLATE works directly with mortgage and real estate professionals to assist their clients who are in need of credit restoration before the mortgage loan process can begin.…View full post
When I think of all the houses I have seen the wheel in my head just spins. You name it I have seen it. How you prepare and stage your house is in direct relation to how you will be able to sell your home. By that I mean retail or wholesale. And if you follow the ‘Real EstateLife Inside Kathy’s Head’, you will see me refer to retail or wholesale often.
I bet you didn’t know that a house talks. Yes, that is right…a house talks. Not in words like you and me, but in appearance. To a trained real estate professional a house can tell you how it can best be served, sold and reinvented. You have most likely heard the term ‘If These Walls Could Talk’. Well that is something like I am referring to. The history of a home, who lived there and when, were children raised here, did grandpa live out his last days here?…View full post
Foundation. More houses than not at some point are going to show signs of foundation movement. Often times it is just normal settling, but how do you know if it needs attention. The obvious answer is to have an expert foundation repair company inspect and give you a report. The one common mistake I see and hear homeowner make time and time again is…”we have determined that we do have foundation problems, BUT it is minimal so we are not going to do anything. Well, WRONG! Just because it is something that you can live with now, or for the next few years, does not mean that it is just going to stop. Think about it. If one corner of the house is falling, it is not going to just stop…it will continue. Now that $3000 repair could be triple the cost and amount of repair years down the road. And another danger is, once it gets really bad, the likelihood of breaking plumbing increases. Now you have another problem.…View full post
Scott and Kathy–
Just wanted to thank you both for how the purchase went on my father in laws house. Even though we had two offers at the same amount, I went with my instinct after getting to know Kathy a little bit in our interactions, and the one meeting with Scott, that both of you would treat us fairly. I really appreciate that and sincerely thank you, you are two fine people.…
Thinking outside the box. When most people think about investing in real estate, they think rentals and all the headaches that are associated with rentals. The stopped up toilet calls, the tenants that trash house and break the lease and owing the last month of rent. But there are other ways to profit from real estate.…View full post