Here is a collection of .gifs that demonstrate some fun and useful tips that will come in handy for buying a home. You’ll notice that #1 on the list is “pick the right agent.” As an Accredited Buyer’s Representative (ABR®), I am the buyer’s advocate and I promise to help you through every step of the home buying process. Please let me know if you have any questions!
Today is the last day to e-file your protest to your 2016 Tax Notice of Value. My advice, everyone should do this. It only takes about 5 minutes. You can still protest your notice of value by mail through the 31st.
FOR BUYERS: THERE’S A FIRST TIME FOR EVERYTHING
When you’re making a big decision like buying a house, it’s impossible to know everything you need if you don’t ask questions. When you work with an Accredited Buyer’s Representative (ABR®), you gain access to information that other homebuyers don’t have, and have a dedicated professional that will serve as your advocate in the home buying process. I promise that you’ll have all the information you need to make an informed decision. I can’t wait to help you find your dream home!
When you’re buying a home, you may think that you’ve taken care of every last detail and the home is basically yours! Then, out of nowhere, you’re thrown a curveball. What do you do now? How do you proceed? When you work with an Accredited Buyer’s Representative (ABR®), we can help you through any snag in the process, regardless of what it is. I am a buyer’s representative which means that I am your advocate. Let me know if you have any questions! I look forward to working with you!
I found this article quite interesting on closing day curveballs.
It’s my 15-year anniversary as a practicing Realtor and I’m more grateful than ever for the people I’ve worked with and the friends I’ve made along the way. The road we’ve traveled together over the past 15 years is quite remarkable so bear with me a moment while I reflect on a journey that includes participation in over 1000 transactions.
My real estate career began February 2001, The Outkast were on top of the music charts with their hit “Ms. Jackson”. Spy Kids was just over a month away from debuting, Intel was tapping the brakes on its 10-story chip design center and ACL-Fest was still a year away from its first festival. One day tickets for that festival were only $25. Oh, and mortgage interest rates were over 7% for a 30-year fixed.
Since then, much has changed including the following setbacks and trends:
- 2001 – 2003
- The tragedies of 9/11 had a profound effect on consumerism and the housing market
- The dot-com collapse was followed by an explosion of new Realtors, former engineers and programmers looking for new work
- Seller financing, wrap-around mortgages and rent-to-own were prevalent
- Zero-down financing with rolled-in closing costs meant mortgages were made at 110% of sales prices leaving buyers upside-down from day one
- Interest rates hit record lows, 5.5% for a 30-year fixed
- A refinance boom kept homeowners in homes longer as opposed to buying new homes
- Builder incentives skyrocketed and builder move-ups & guaranteed sales became the norm
- Realtor and mortgage creativity moved the market at record paces
- In 2006, Scott predicted a market slow-down in the Austin metro area based on excessive and overly creative financing
- The real estate market came to a halt due to the financial crisis of 2008, absorption rates plummeted and inventory supply hit record levels
- Short sales and foreclosures plagued the market; Realtors left the industry in record numbers
- Federal bailouts began followed by multiple housing stimulus packages
- Interest rates continue to drop getting as low as 3.125% for a 30-year fixed
- The market heats up as the economy improves, inventory falls bringing in the age of highly competitive multiple offers
- Realtors flood the marketplace again as confidence in the housing market returns in full force
Through all of that your favorite Realtor kept busy with a rich variety of transactions-
- Across Central Texas from Hutto to Lago Vista, Georgetown to Kyle & Buda, and every single town and niche in between (2003-present)
- Across the DFW metroplex from Dallas to Ft. Worth, Plano to Southlake and of course my home town of Coppell (2001-2003)
- Ranging from $25k lots to million-dollar luxury homes
- Representing banks on their REO properties
- Negotiating against banks for sellers in distress
- Working with first-time home buyers, move-up clients who sell & buy simultaneously, countless investors, plus second and vacation homes
- Commercial investments and condo community representation
- Flipping and building
…Plus participation in every major coaching program across the nation!
- Countless workshops, training & coaching programs from the likes of Brian Buffini, Tom Ferry, Mike Ferry, Gary Keller, Floyd Wickman & the late-great Howard Britton
- Numerous peer-to-peer mastermind groups amongst top agents across our great state
- New designations and a few shelves of awards
I share this not to bore, nor to brag, but because I think it’s worth celebrating…and to remind you of the experienced hands you are in when you work with me. When I sat for my real estate licensing exam, I never could have imagined the path in front of me nor the experience I’d collect in 15 short years.
To all of my clients, past present and future, my friends and family, thank you so much for your support! I hope this helps remind you of why you chose to work with me for the first time and offers you the confidence to refer your family and friends our way. And when you do, we will treat them with the respect they deserve, make sure all of their needs are met, their concerns are addressed, and we’ll report back to let you know just how happy they are!
Now, let’s get back to work and keep making it happen!
Here’s to the next 15 years!
The Creative Fund will be invading the American Legion in central Austin for “A Night Fit For Dionysius” and we’ll be there as one of the lead sponsors. Will you join us?
The Creative Fund was launched in 2011 with the sole mission to raise funds to offset rising rents for performance artists right here in Austin. Please join us March 4th and help us keep the artistic scene as vibrant as ever! Oh, and the first two that email me direct will get a pair of free tickets!
January stats have been posted and it looks like we’re off to a bit of a slow start. Keep in mind that January closings are a result of December sales and as previously discussed, the last quarter was suggested to be slower than expected due to new mortgage regulations known as TRID. That said, I fully expect the stats to catch and surpass those of 2015.
Election years are historically slower than others and though I’m still predicting a year that looks a lot like the past few years statistically, the slow start suggests now is the time to be a buyer! Why, call me and I’ll explain!
Even if you haven’t considered a move in 2016, I’d love to visit with you about the prospects of home ownership here in Central Texas. Reach out at your convenience and let’s make that happen!
Once again, 2015 was another amazing year for the Central Texas housing market for homeowners as well as those in the housing industry. Now that the final numbers for 2015 have been released, we can see that 2015 bested 2014 in every major category. Median and average prices are both up 8.6% and 7.6% respectively. All signs point to more of the same yet again for the Central Texas housing market. It’s a wonderful time to be a homeowner for sure!
Of note, the number of sales for October, November and December look remarkably similar to those of 2014. However, local loan officers that we work with suggest that numbers for those months would have been higher if not for the new mortgage guidelines (TRID) that finally kicked in October 2 causing a dip in new loan applications as the market and industry adapted.
With interest rates once again hovering around 4%, it’s still a wonderful time to buy a home in Central Texas. If you are ready to take advantage of this market, drop us a note and we’ll take it from there!
Wake up a bit early over the next month for another celestial treat! Between now and late February, Mercury, Venus, Mars, Jupiter and Saturn will all be visible in the couple of hours before sunrise!
And if you’re having a hard time distinguishing planets from stars, try the suggestion Jason Kendall of the Amateur Astronomers Association of New York shared with the New York Times! “… close one eye, stretch out your arm and slowly pass your thumb over a bright dot in the sky. If the dot slowly dims out when your thumb passes over it, it’s a planet. If it quickly blinks out, it’s a distant star.”
What a great tip!