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77054 : Real Estate Advice

  • All8
  • Local Info2
  • Home Buying3
  • Home Selling3
  • Market Conditions0

Activity 8
Sat Jan 14, 2017
Jtoddtorg answered:
LOL These realtors are steering you wrong.

1) We posted just on Zillow, and had a house under contract in 15 days. I hadn't even received my yard signs from Amazon yet.

2) TREC forms CAN be used by Owners selling directly to buyers. Don't let these highly-paid form-fillers lie to you. From TREC's own form page as of a few minutes ago:

"Notice Regarding Contract Forms

"As public records, contract forms adopted by the Texas Real Estate Commission are available to any person. Real estate license holders are required to use these forms.

"However, TREC contract forms are intended for use primarily by licensed real estate brokers or sales agents who are trained in their correct use. Mistakes in the use of a form may result in financial loss or a contract which is unenforceable. Persons using these forms assume all risks associated with their proper use.

"If you are obtaining the forms for possible use in a real estate transaction, you should contact a real estate license holder or an attorney for assistance. TREC cannot provide legal advice to the public on private contractual matters.

"TREC does not promulgate listing or buyer representation agreements, property management contracts, forms for commercial property, or residential leases (other than temporary residential leases used in connection with a sale). Contact your attorney or a real estate trade association for such forms."
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0 votes 12 answers Share Flag
Mon Jan 19, 2015
Diane Christner answered:
I would suggest first verifying whether the sellers are on the "do not call" list. You can face rather large fines for soliciting business from anyone on that.
0 votes 2 answers Share Flag
Sun Jan 11, 2015
Quinntonia Berry answered:
Hi Sandy,

May I ask why are you selling your home as FSBO? You would have more exposure and success if you use a Realtor. I would love to help you get the best price for your home. Even if I'm not the agent for you there is definitely one out there who is.

For Sale By Owner (FSBO) Statistics
FSBOs accounted for 9% of home sales in 2013. The typical FSBO home sold for $184,000 compared to $230,000 for agent-assisted home sales.
FSBO methods used to market home:
Yard sign: 36%
Friends, relatives, or neighbors: 28%
Online classified advertisements: 16%
Open house: 14%
For-sale-by-owner websites: 13%
Social networking websites (e.g. Facebook, Twitter, etc.): 7%
Multiple Listing Service (MLS) website: 7%
Print newspaper advertisement: 7%
Direct mail (flyers, postcards, etc.): 1%
Video: 1%
Other: 2%
None: Did not actively market home: 32%

Most difficult tasks for FSBO sellers:
Understanding and performing paperwork: 18%
Getting the right price: 13%
Preparing/fixing up home for sale: 12%
Helping buyer obtain financing: 3%
Attracting potential buyers: 3%
Selling within the planned length of time: 7%
Having enough time to devote to all aspects of the sale: 6%
Source: 2013 National Association of REALTORS® Profile of Home Buyers and Sellers
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0 votes 2 answers Share Flag
Wed Nov 12, 2014
JamieUSR answered:
Since you are a first time apartment renter, you'll need help from someone who have idea on rentals. Most landlords check their tenants rental history. Try to list down all the places you have lived in the past. If you can't remember, try to obtain a report from annualcreditreport website. Look for the phone numbers of the places you've lived and write those down. Or you can call your landlords and ask for your rental history. ... more
0 votes 2 answers Share Flag
Tue Feb 11, 2014
Darren Morris answered:
Yes, this is a great time to buy due to the low interest rates. Don't think there's much room to go down, but there's plenty of room for them to rise. Every 1% they go up, you lose $15,000 + buying power on a $200,000 home. ... more
0 votes 5 answers Share Flag
Wed Sep 25, 2013
Al Geffon answered:
I think you mean HOA (homeowners' association) fees. Yes, there is a monthly charge for all condos. Some of them can be pretty outrageous, especially in high-rise buildings (I've seen them over $2000).

Most complexes are older (built in the 60' and 70's) and maintenance fees only rise over the years. Some include utilities (water/sewer and/or electricity), others don't. Depending on what's covered, $250 to $500 per month is not unusual. It's important that you understand what the charges cover.

The monthly cost is definitely a consideration. I don't recommend condos as a rule ... this is one reason. Best of luck.
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0 votes 3 answers Share Flag
Fri May 31, 2013
Jose Figarella answered:
Best I found for your daughter or girlfriend Joey... hope it helps. I also added a link on safety that has probably save me a couple times regardless of where i am, so just practice awareness. http://www.wikihow.com/Be-Safe-in-a-Bad-Neighborhood

Crime websites:

http://spotcrime.com/tx/houston

http://www.clrsearch.com/77054-Demographics/Crime-Rate

http://www.bustedmaps.com/incidents/texas/77054

*this links are only for informational purposes and do not determine facts. Please do your own due diligence and consult with experts

Jose Figarella
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0 votes 2 answers Share Flag
Mon May 12, 2008
no name answered:
You can go to the link below and search for rentals with your requirements. Lynn was correct in suggesting you have an agent represent you. You should treat Leases the same as you would when buying. Remember the agent listing the property represents the owner. You want some who will work toward your best interests. ... more
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