Articles for Buyers

Oct. 23, 2015
Here's your Home Loan Toolkit!

Give me a ring when you are interested in finding for your dream home!

Sep. 26, 2015
Existing Home Sales Slow Amongst Tight Inventory

Check out the graphic!

Some Highlights:
•Existing Home Sales slowed down slightly in August but remained 6.2% higher than August 2014.
•Inventory levels remain below the 6 months necessary for a normal market at a 5.2-month supply.
•First Time Buyers rebounded in August to make up 32% of sales, matching a 2015 high.

Sep. 24, 2015

If you are thinking about buying a home - waiting will only cost you more on your mortgage. Give me a call at 210-608-0650 to help your find your dream home!

Jun. 15, 2015
WEEKLY MORTGAGE WATCH - June 14, 2015

Home Buyers need to make their purchasing decisions while mortgage rates are still low. The lower the rate, the less money you pay monthly. With a lower rate, you can buy 'more' house and still stay within the monthly amount you want to spend. The higher the rate, the lower your purchase price will need to be in order for you to stay within your budgeted monthly payment. If you are on the fence about buying, buy before the interest rates go any higher.

Jun. 11, 2015

The Internet is a great source of information for Home Buyers.  I love it!  It helps to create educated home buyers.  Statistics, and other information that are gathered online is something that wasn’t available to Buyer’s 20-years ago.  In spite of all of this information (and don’t forget all of the cool pictures of homes that you can see), many buyers only have briefly scratched the surface of how to be a successful buyer, how to negotiate contracts, and how to start the home buying process here in Texas.

A good buyer’s agent can educate a home buyer on how the market is working, whether, based on a particular neighborhood, it is truly a buyer’s market, or a seller’s market.  They can easily find the comparable sold listings in the market, how much they sold for, whether or not a particular home is over (or under) priced, and they (most importantly) know other agents – making them extraordinarily valuable to their buyer clients by providing them with experience and knowledge.

For a buyer who works directly with a listing agent, without benefit of having their own real estate agent that works for them, the most important thing that they NEED TO KNOW is that the listing agent, by having a listing agreement directly with the seller, must look out first and foremost for the seller’s interests, not the buyer’s.

When the buyer works with a buyer’s agent (at no cost to the buyer) the buyer gets an agent who works on THEIR behalf and represents THEIR BEST INTERESTS.  A good buyer’s agent tracks the buyer’s process, introduces them to mortgage representatives (if they aren’t already pre-approved) to help them find out how much they can afford in a home, helps uncover unknowns about the market, or a particular property, and helps to negotiate the very best (and fair) deal for THE BUYER.  They can put together a market analysis of the area, and tell the buyer what a fair market price is for the home that they are interested in.

Buyers without a buyer’s agent, ‘don’t know what they don’t know’ – the buyer’s agent helps with this.

One important misconception to note – Is that there is NO savings for either the buyer or the seller if the buyer doesn’t have a buyer’s agent.  The seller pays the same agreed upon commission whether the buyer has an agent that represents him or not.  Ultimately, without an agent to guide the buyer, the risk is all on the buying side.