Updated 8/12/16; originally published 8/3/15 Takeaways Selling a $120,000 home is different to selling a $240,000 home – there are different quantities of buyers at different price points. Knowing how many buyers to expect will be interested in your home at any given moment can help set expectations Every showing counts! Let’s say you are getting […]
5 Tips for Living in the Fort Hood Area
Fort Hood Area Foreclosures
You may have heard about foreclosure and what a good deal they can be. And they certainly can be exactly that, depending on your circumstances, resources and what you are looking for. In my experience, buying foreclosures can be a great option to consider if you have some extra money for closing costs and any […]
The Fort Hood Area MLS
Updated 2/4/18; Originally published 9/1/15 What is the MLS? The Multiple Listing Service (MLS) is a marketplace available to professional real estate agents, brokers, and other affiliate members like appraisers. It was born out of a need for cooperation between agents. I may have a home listed, but some other agent has a buyer. The […]
Fort Hood Area Builders
Fort Hood Area Inventory Is Shrinking
Is it a buyer’s market or a seller’s market? Is there a way to tell other than gut feelings and anecdotes about how quickly homes are selling or not? Of course. It’s called months of inventory (or absorption rate). Months of Inventory and Absorption Rates are the same thing. “Absorption Rate” is a term more […]
The Purchase Contract (Resale): Para. 5 – Earnest Money
Note: The Texas Association of Realtors and TREC update promulgated forms regularly. For the most recent updates, check with TAR, TREC, or contact me at brian@starpointerealty.com. Note: I am a real estate professional, not a lawyer. Nothing herein should be construed as legal advice or instructions. We previously discussed the Sales Price and Financing terms […]