04/14/2017 | Author: Editorial Staff
Sure, REALTORS® help you buy, sell, and lease property, but they also advocate for public policy that helps consumers.
For example, the Texas Association of REALTORS® recently announced its support for the property tax reforms provided in Senate Bill 2, now making its way through the Texas Legislature. The bill is a positive step forward in ending the common practice of local elected officials misleading taxpayers when budgets are adopted at the local level.
"When local elected officials hide behind increasing property values to justify larger budgets, taxpayers suffer. Senate Bill 2 goes a long way to fix this problem and provide more transparency and honesty in the local tax-rate setting process,” said TAR Chairman Vicki Fullerton.
The bill reduces the rollback rate for local taxing entities and requires an automatic rollback election if the local taxing entity exceeds the rollback rate. Despite some comments to the contrary, the bill does not limit the amount of revenue a local taxing entity may generate.
The association believes the bill will help give property owners transparency during the tax-rate setting process and encourage voter participation. To better understand the property tax process, visit hiddenpropertytax.com.
04/07/2017 | Author: Editorial Staff
It’s nice having options, right? Especially when it comes to making a big purchase like a home. If you’ve started your home search by using online listing sites, you’ve probably found a long list of properties you want to tour.
Even though it’s exciting to see what’s out there, are you wondering how you’ll be able to choose a favorite? Are you overwhelmed with your choices? That’s normal. In fact, research shows that when people have too many options, they have a harder time making a decision and tend to be less satisfied with their selection. Instead of making such an important decision on your own, there’s an easy way to get there faster: Hire a Texas REALTOR®.
Texas REALTORS® can help you quickly focus on properties worth seeing because they can eliminate those that may look good online but don’t actually meet your needs. They also have access to current information about whether a home is still on the market, and when homes you thought are out of your price range might actually be open to negotiations. This is information you won’t find on your own searching online, and even if you could, it would take a lot of your valuable time.
Visit texasrealestate.com to find a Texas REALTOR® who can help you avoid wasting your time and the stress that can come with choosing the perfect home.
Categories: Buyers, Homeowners, Renters Tags: homebuyers, consumers, buying
Selling a home is rarely as simple as; receiving a great offer,
accepting that offer, and moving forward to the closing date. More often, than
not, the home seller will receive more than one attractive offer. When this
happens; what factors should be considered before selecting and accepting a
Is the offer the best
financially profitable offer for the seller?
Price is the number one concern when choosing which offer to
accept. Every seller wants to make a great deal; and leave the closing table
with as much money as possible. But the monetary value of the offer is not the
only factor to be considered. All offers must be examined together; because if
a buyer’s offer includes a lot of concessions, the seller may end up putting
out more money than they had originally intended.
The offer may sound
great, but is it coming from a qualified buyer?
Sellers must also converse with their agents to be sure that a
desirable offer is coming from a qualified buyer. The seller should ask right
away if the buyer has already been approved for funding his/her offer. No
seller wants to get their hopes up, or take a For Sale sign down, if the buyer
cannot meet his/her financial obligations.
Is it a cash sale? And
if so, does the buyer have the total amount of cash on-hand?
Cash sales are often desired by a seller, because it can
potentially be a quick, seamless sale. No waiting is required for the buyer to
obtain a mortgage loan or some other type of financial funding. However, the
seller should be certain that the buyer has the total amount of cash available
to him/her before time of closing, before accepting the offer. The buyer may have
the cash, but be unable to obtain the total amount in a timely manner. This
situation causes frustration and delays.
If the buyer is seeking
funding, does the buyer have a significant down payment for the sale?
A buyer who requires a mortgage loan or other type of funding
may be required to put down a specific amount of money on the sale. Depending
on the type of home loan they are seeking, Conventional, or FHA loans; the
financial institution may request a certain amount from the buyer to show intent
to purchase, and to demonstrate the buyer’s ability to afford the loan.
The selling or purchasing of a home is not an easy process.
There are many crucial factors that need to be considered before all the
parties involved will know if there is a mutually good deal on the table. The
agent is the seller’s best friend during this time period, and all sellers
should ask questions as they arise, to ensure that they are accepting the best
There are a lot of things that you can do in order to make sure you can afford that dream home you have always wanted. Here are a couple of easy steps that you can take.
The first is analyzing your income. Knowing how much you can afford before going into the transaction is going to make it easier to stick to a budget. This might even give you more motivation to see if you can lower the asking price on that home that is just slightly too expensive!
Many people have thought that you need to have at least 20% down, but this just isn’t the case anymore. Many places will sell with a down payment that is even lower. Working on your credit score will also help with this; they are more likely to look at you favorably when they see that you have paid your bills on time in the past.
The second is to check into programs that are available for you. You will need all the help you can get when it comes to keeping track of your payments, so you will want to find out what all of your options are.
The third is to keep in mind that documents are extremely important! If you are applying for a loan, there is going to be a lot of paperwork involved. This also means when you are preparing a loan as well- because they will need a thorough background of your payment history,
This is the biggest purchase of your life- so be prepared!
If you go into a new build home you may see five bathrooms and three bedrooms. This may seem very strange as there are more bathrooms than places for people to sleep! It is the norm of society today. Bathrooms are very expensive and are a status symbol to all who come in to see them. There are many different types of bathrooms you can have in a home which makes it even more exciting to look at.
The first very traditional bathroom is the one that has a vanity, toilet, tub and shower. These you will find in many homes and actually almost all homes have at least one of these bathrooms.
The next type of bathroom is a half bath. A half bath is typically a small sink and a toilet. These are very convenient on a floor in the home with no bedrooms. If you don’t have bedrooms then you probably do not need to have a large vanity with space for things like toothbrushes or hairbrushes. Then last on our list of most popular bathroom types is the bathroom that separates the toilet from everything else. This could be extremely helpful when you have children getting ready for school. One can use the toilet while the other is brushing their teeth.
Now that you know about all the different types of bathrooms you have to decide how many you need in your home. First imagine all the people you have in your family now and how many you may have in the future. Typically for four people or less you will want two bathrooms. If you go over four people you many want to consider a third bathroom. That doesn’t mean all of these have to be full baths, check out your options and see what fits your lifestyle the best.
Top Texas Realty is proud to announce that they have
been awarded “The Ann Heberle Business Beautification Award”. This
was presented by the Keep Burleson Beautiful committee.
The Ann Heberle Business Beautification award recognizes local
businesses that have made an effort to beautify our community through aesthetic
enhancement. Ann Heberle founded the Burleson Beautification Council in 1984
and the award was named in her honor in 2002.
The award is presented to local business owners by Keep Burleson Beautiful on a
quarterly basis. Each award winner receives a special sign to place in the
front of their business until the next quarters winner is announced. The owner
is also given a plaque that can be displayed inside their business.
Homes generally do not go flying off the market. This is why the art of staging is so important. Staging is how you represent your house to a potential buyer. You want to increase the potential value of your property as high as possible, and paying careful attention to how you and your house are presented go a long way. Essentially, staging is decoration, furniture choice, space left open and space occupied; it is how your buyer should envision themselves living in your home. Here are a few tips for great home staging.
First, many home sellers tend to ignore the obvious and most crucial step to home staging: preparing the front of your home. You want your property to have “curb appeal.” The term means exactly as it sounds. When your buyer arrives at the property’s curb, have you already impressed them? You want the buyer to walk into your house already wanting the house -- it makes the world of difference and can make the rest of the sale a lot smoother. Also, curb appeal could apply to how well your property looks in comparison to its surroundings. Don’t overdo the outside, but create a piece of property that is tasteful in relation to the houses and environment on the block.
Once the potential buyers enter the house, there are main rooms in a house that they are naturally attracted to, and you should highlight these rooms as best you can. When it comes to the living room, think playful and friendly. One normally entertains guests in a living room, or perhaps spends it with the family. Highlight both of these potential activities. Leave plenty of space and use neutral colors. The living room is a space for movement and the staging should make this statement.
When it comes to the kitchen, think simple and clean. Kitchens are important in successfully selling your property. One trick that might amaze buyers is having a perfectly clean kitchen. It’s so unusual to have a kitchen that is shining, and flawless, because naturally one has their kitchen cluttered, so this small psychological quirk can win over a buyer. Scrub surfaces and remove all items that aren’t ultimately necessary to the decor or function of the kitchen. Flawlessness sells in kitchens.
Just like the kitchen, the bathroom should be simple and clean. Wash down the shower doors and surfaces thoroughly. Hang up clean and perfectly aligned towels. Think pure and beautiful.
When it comes to the bedrooms, you want to encourage the potential buyers to imagine staying in them. Make the walls a neutral color, so that they can impose their own decorating style in their mind. This can make a buyer feel at home before they even put in an offer!
Our culture likes to tell us that bigger is better, and that we need more stuff. But this needn’t be the case. Many people move into bigger homes because they have more money from a promotion, or they do it to feel important. But there are plenty of good reasons to move into a smaller home, too:
So while bigger houses can be very flashy and exciting, downsizing can be extremely practical and homey for you and your family.
Trying to move to a new location can be a pretty hectic time, and there are so many things on your mind. It is really easy for things to be forgotten, but this list is things that will save you a lot of hassle if you stay on top of them.
These things are just a few of many things to try to juggle while beginning your new adventure at your new home.
Top Texas Realty has purchased property in Historic Old Town Burleson that is soon to become our new office location.
We have have had the lot cleared and have final building plans to city for approval.
I will keep you posted when we break ground and how the building it going!