The Best Way to Buy Foreclosures?
What is the best way to buy foreclosure properties? While it's a simple question, the answer is not quite as easy. Given the state of the real estate markets in the U.S. now is as good a time as any to try.
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When Bad Credit Marries Good Credit
You've found Mr. or Ms. Wonderful. Things are starting to get serious and you both see marraige on the horizon, so you're running through the marital checklist... but what happens when one's had trouble?
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Avoid Common Housebuying Mistakes
You're ready to buy a new home. Maybe it's your first shot at the American dream. Or perhaps you're moving up in the world. The same pitfalls exist whether you're buying a starter home or a mansion.
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How to Negotiate Closing Costs
Shopping around for a decent mortgage rate and terms should not be the end of your search for the perfect home purchase. Here's a quick primer to help you save money on your closing costs.
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Get a Mortgage in Your Pajamas
Time was that you used to have to spend all day huting for the perfect loan. Here's how you can find a mortgage dressed in pajamas and get a better deal than leaving your home dressed to the nines.
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The Lowest Rate Can COST You Money
By focusing entirely on shopping for the lowest mortgage interest rate you play right in to the hands of unscrupulous mortgage originators and can wind up spending thousands of dollars unnecessarily.
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Reinvest or Pay Off Debt?
Many homesellers come to a crossroads when deciding what they should do with the proceeds from a home sale. Should you re-invest all the equity from the sale of your current home? Maybe not...
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Property Details
All properties found on this website are also listed in the Houston area Multiple Listing Service. For more details about this property, simply complete the form below to have marketing materials delivered to your inbox automatically.
Brian Varvel, Listing Agent
Brian has lived, worked, and played in the Katy area for over 20 years and is intimately familiar with the area. He specializes in residential sales and leasing, with a specialized focus on marketing and selling REO (foreclosure) properties.
Call directly:
281.787.0930
Buying a home will be stressful. A home inspection is supposed to give you peace of mind, but often has the opposite effect. You will be asked to absorb a lot of information in a short time. This often includes a written report, checklist, photographs, and what the inspector himself says during the inspection. All this combined with the seller's disclosure and what you notice yourself makes the experience even more overwhelming. What should you do?
Relax. Most of your inspection will be maintenance recommendations, life expectancies and minor imperfections. These are nice to know about. However, the issues that really matter will fall into four categories:
- Major defects. An example of this would be a structural failure.
- Things that lead to major defects. A small roof-flashing leak, for example.
- Things that may hinder your ability to finance, legally occupy, or insure the home.
- Safety hazards, such as an exposed, live buss bar at the electric panel.
Anything in these categories should be addressed. Often a serious problem can be corrected inexpensively to protect both life and property (especially in categories 2 and 4).
Most sellers are honest and are often surprised to learn of defects uncovered during an inspection. Realize that sellers are under no obligation to repair everything mentioned in the report. No home is perfect. Keep things in perspective. Don't kill your deal over things that don't matter. It is inappropriate to demand that a seller address deferred maintenance, conditions already listed on the seller's disclosure, or nit-picky items.
