Register Real Estate Advisors

Do you need to sell your home? Are you planning to purchase a home in the Houston area? Either way, now is a great time! Right now, interest rates remain low. Indictors predict they will be rising soon. So now might be the best time to purchase before rates go up. If you have good credit, stable income, and a down payment, it’s even a good time to qualify for a loan. In general, it’s usually more cost effective to buy rather than lease a home right now. On the other hand, if you are selling, it’s nice to know our Houston area home prices have not fluctuated a lot like the homes on a national level have gone down. According to the MLS, home prices are actually up now compared to last year at this time. The amount of inventory on the market has reduced, so there’s less competition on the market now. It’s a great time to consider buying or selling a home in the Houston area! Right now you can purchase more home for less money – so if you have been thinking about making a move – now could be the very best time! Call RREA today to find an agent that can meet all of your buying and selling needs.
There are a few things to consider when purchasing a home. You will need to consider factors like your finances, what areas of town you prefer to live in, proximity to your employment, and where you like to socialize. At RREA, our in house lender can pre-qualify you for your next home within twenty four hours. You can apply online anytime through our website.
Your lender will print off a list of your purchasing costs. Use that to compare lenders based on interest rates, fees, monthly expenses, and upfront costs. Our in house lender has a track record for saving our clients money on purchases. He works closely with our Realtors to find the best mortgage for your buying needs. It will take time to compile all of the necessary documents, so plan with your lender before the purchase. Lenders are asking for a lot of additional documentation these days.
The bottom line is that although now is a great time to buy or sell a home – you need someone on your side protecting your best interest. You need someone who understands the changes going on with new complicated laws, regulations, and a more conservative mortgage industry. The Realtors at RREA are very well educated on this changing market and can help protect you and maximize your savings when buying or selling a home.

1134 N. Main St, Pearland, TX 77581 (MLS # 26546925)

Beautiful lot cleared for a business w/huge established trees. Currently Scooter's Ice House in business for 25 years. Immediately off Beltway 8 - TX. 35 Frontage. Business & Land for Sales. Can be a teardown land sale with land uses: restaurant, truck stop, medical, strip mall & more! 4800 sf. building, entrances for 2 roads, corner lot.

Property Type(s): Lots

Schools

Additional Details

Features

Location

Listing information deemed reliable but not guaranteed. Read full disclaimer.

Listed with Register Real Estate Advisors

(view all details for MLS #26546925)

Spring Lakes in Spring Texas had a wonderful Easter Egg hunt for the neighborhood kids this morning. With more eggs than they could collect and prizes, a great time was had by all of the kids.

Here are some of the homes currently for sale in Spring Lakes

RREA agents are standing by to show you any home on the market. Call or email today to get started. 281.288.3500 or info@rrea.com

Showing properties 1 - 14 of 14. See more Spring Lakes - Spring, TX 77373.
(all data current as of 5/22/2012)

1. $2,000 : MLS # 83222525 in Spring
   
   4 beds, 3 full, 1 part baths

   Home size: 3,062 sq ft

   Lot size: 8,635 sqft

   Year built: 2009

   Parking spots: 3

   Days on market: 7

   Listed with RE/MAX Vintage
2. $229,900 : 25826 Sarah Springs Ct, Spring
   
   5 beds, 3 full, 1 part baths

   Home size: 3,270 sq ft

   Lot size: 7,800 sqft

   Year built: 2003

   Parking spots: 3

   Days on market: 16

   Listed with The Taylor Group
3. $265,000 : 25603 Wrexham Springs Ct, Spring
   
   4 beds, 3 full, 1 part baths

   Home size: 3,596 sq ft

   Lot size: 11,647 sqft

   Year built: 2004

   Parking spots: 3

   Days on market: 24

   Listed with Coldwell Banker United, REALTORS
4. $1,900 : 25415 China Springs, Spring
   
   4 beds, 2 full, 1 part baths

   Home size: 2,599 sq ft

   Lot size: 7,761 sqft

   Year built: 2001

   Parking spots: 2

   Days on market: 29

   Listed with Realty Associates
5. $164,900 : 935 Sierra Springs Ln, Spring
   
   4 beds, 2 full baths

   Home size: 2,232 sq ft

   Lot size: 6,719 sqft

   Year built: 2003

   Parking spots: 2

   Days on market: 32

   Listed with RE/MAX Fine Properties
6. $180,990 : 25818 Clear Springs Wa, Spring
   
   4 beds, 3 full, 1 part baths

   Home size: 2,739 sq ft

   Lot size: 8,375 sqft

   Year built: 2001

   Parking spots: 2

   Days on market: 42

   Listed with Realty Right Texas, LLC
7. $2,400 : 25811 Coyote Springs Ct, Spring
   
   5 beds, 3 full, 1 part baths

   Home size: 3,649 sq ft

   Lot size: 7,928 sqft

   Year built: 2002

   Parking spots: 3

   Days on market: 50

   Listed with Premier Real Estate Group
8. $150,000 : 919 Sierra Springs Ln, Spring
   
   3 beds, 2 full baths

   Home size: 2,101 sq ft

   Lot size: 6,538 sqft

   Year built: 2003

   Parking spots: 2

   Days on market: 50

   Listed with Texas Home Group, REALTORS
9. $235,000 : 25811 Coyote Springs Ct, Spring
   
   5 beds, 3 full, 1 part baths

   Home size: 3,649 sq ft

   Lot size: 7,928 sqft

   Year built: 2002

   Parking spots: 3

   Days on market: 50

   Listed with Premier Real Estate Group
10. $1,600 : 25642 Myrtle Springs, Spring
    
    4 beds, 2 full, 1 part baths

    Home size: 2,294 sq ft

    Lot size: 5,314 sqft

    Year built: 1999

    Parking spots: 2

    Days on market: 111

    Listed with RE/MAX Northwest, REALTORS
11. $154,000 : 25502 Forest Springs Lake, Spring
    
    4 beds, 2 full baths

    Home size: 2,319 sq ft

    Lot size: 10,508 sqft

    Year built: 2005

    Parking spots: 2

    Days on market: 112

    Listed with RE/MAX Integrity
12. $205,000 : 519 Savannah Springs Wa, Spring
    
    4 beds, 3 full, 1 part baths

    Home size: 2,945 sq ft

    Lot size: 9,090 sqft

    Year built: 2003

    Parking spots: 2

    Days on market: 225

    Listed with Register Real Estate Advisors
13. $1,450 : 25502 Forest Springs Lake, Spring
    
    4 beds, 2 full baths

    Home size: 2,319 sq ft

    Lot size: 10,508 sqft

    Year built: 2005

    Parking spots: 2

    Days on market: 232

    Listed with RE/MAX Integrity
14. $192,000 : 25735 Beckham Springs Ct, Spring
    
    4 beds, 3 full, 1 part baths

    Home size: 3,587 sq ft

    Lot size: 7,723 sqft

    Year built: 2005

    Parking spots: 3

    Days on market: 233

    Listed with Register Real Estate Advisors

Listing information deemed reliable but not guaranteed. Read full disclaimer.

This post was published via iPhone app.

Here is a segment from yesterday on the “Price of Business” (1070 AM Houston), hosted by Kevin Price, with myself and guest Jeff Wagner, mortgage banker with On Q Financial. We talked about the current lending environment and what this means to home buyers. Enjoy.

Wondering why your neighbor that hasn’t paid a mortgage payment in a year is still living nextdoor or down the street from you?  You might not think it’s fair since you pay your mortgage payment every month, but Freddie Mac is allowing forebearance on mortgage payments for up to 12 months.  In some cases it’s longer than 12 months.  Freddie Mac is trying to help unemployed homeowners, hoping they will find employment and be able to keep thier home.  Below is an article about the help Freddie Mac is offering to homeowners.

By Ronald D. Orol

I read the article below and think it makes some good points about what is currently going on in the real estate market.  Most of the short sales that I deal with have homeowners that are able to rent houses after their short sale.  Many people who are foreclosed on are also able to go rent a home afterwards.  Does that seem right to you?  Should their credit still be good enough to be able to rent a house?  It’s good for the landlord business.  In 2011 we saw a big demand for rentals in the Houston real estate market.  So if you have thought about buying an investment property to rent, please give me a call at 281.288.3500 and I can help you find one and get it rented.  There’s a demand for it, so call me today while interest rates are low.  Hope you enjoy the article below that got me thinking about this and how it can benefit you.

Posted By susanne On October 23, 2011 In Consumer News and Advice,Home Owner News,Real Estate Information,Real Estate News,Real Estate Trends,Today’s Marketplace,Today’s Top Story – Consumer

A new survey of former homeowners who have walked away from their homes found that their credit was good enough after foreclosure for the vast majority to rent new housing and few were required to make a larger than normal deposit.

YouWalkAway.com, which counsels troubled buyers to strategically default, found that owners and managers of rental properties regard the influx of renters in the market due to the housing market meltdown as a boon, and many are willing to accept potential renters even if they do not have credit scores as high as landlords previously would have required. (more…)

Gas Pipeline Easement Negotiations Giving You a Headache? Help is Available
By Bryan Pope, Associate Editor, Real Estate Center
March 19, 2012/Release No. 18

COLLEGE STATION, Tex. (Real Estate Center) — Natural gas drilling in Texas’ shale regions may be lucrative for mineral rights owners, but it can be a headache for landowners with surface rights who are unprepared to negotiate with pipeline companies.

“Most landowners are unfamiliar with how to deal with companies that are acquiring pipeline easements to move gas,” said Judon Fambrough, an attorney with the Real Estate Center at Texas A&M University. “If the landowner and the company can’t reach a deal, the easement will be condemned.”

The condemnation process can be complex, but Fambrough walks landowners through all three stages in Understanding the Condemnation Process in Texas.

The publication has been revised to include changes implemented Sept. 1, 2011, by SB 18. It covers a wide range of facts surface owners need to know.

For example, the condemnor has the right to enter a property to conduct preliminary surveys even before any documents are signed.

“The landowner cannot stop them legally, but the condemnor will be liable for any damages to the land incurred during the survey,” Fambrough said.

Also, the proposed Pipeline Easement Agreement that the condemnor offers to landowners is negotiable. This is important since the condemnor can legally attempt to purchase (acquire) in that document property and property rights not needed for the project.

“For example, the company needs a 30-foot easement for one 20-inch pipeline to transport natural gas,” Fambrough said. “However, according to the high court, they can attempt to purchase in the proposal — without telling the landowners — a 50-foot easement for multiple lines to carry multiple products. It’s up to the landowners to limit them to what is reasonably needed during negotiations.”

Fambrough said the pipeline company does not have to offer the landowner fair market value for the easement, but they must make a bona fide attempt to purchase it as outlined in SB 18.

Finally, landowners should be compensated for two items: the fair market value of the easement and the resulting damages to the remaining uncondemned property caused by the presence of the pipeline.

“Generally, condemnors recognize the need to pay the landowner for the easement, but they take the position that there is no resulting damage to the remaining property,” Fambrough said. “This is where the battles generally lie.”

When you purchase a home, the home inspection is one of the move important parts of the process. If you don’t get a home inspection, you may pay for a house that has a leaky roof, poor wiring, termites and other pest damage, dangerous asbestos qualities in the air, or a cracked foundation. After you’ve purchased the house, there is little you can do if you’ve waived your right to a home inspection. As a Realtor, I highly recommend all buyers get home inspections. I have many inspectors that I have personally worked with and can give you a list to choose from if you are not familiar with an inspector to call on.

1. Not getting a home inspection is the number one mistake you can make when purcahsing a home.
2. You should always sign a contract with your home inspector that outlines the services he will provide for you and the price.
3. Don’t use a person, use a company for your home inspections.
4. Read the contract carefully that the home inspector provides so you understand what he will be inspecting. There should be a guarantee in the contract against mistakes and omissions the inspector might make.
5. Consider all of your payment options. When did sellers last get a home inspection? Maaybe they have a recent one you can use. Or maybe you can get them to pay for part of it.
6. Make sure your inspector is not affiliated with a contractor. That’s just bad…don’t go there.
7. Make sure you get samples of thier work and recommendations before you lock into a contract with an inspector.
8. Buyers should attend the home inspection so they understand any negatives the inspector adds to the report. You need to understand your home inspection report.
9. For anything you don’t understand about the inspection results, ask the inspector to explain it to you. Many inspectos provide photos in their reports which can be helpful.
10. Sellers will need to understand the inspection if they are going to be asked to make repairs on the home.

I liked this article below about renters paying more money a year on housing than homeowners.  I encourage everyone I know to buy a house instead of renting.  Why pay someone else’s taxes, insurance, and mortgage?  I even have a rent vs. buy calculator.  Call me today and I can tell you how much money you could be saving by buying a home instead of renting.  Call me today at 281.288.3500 and we can discuss your options for purchasing a home.

Posted By susanne On October 25, 2011 @ 3:59 pm In Consumer News and Advice,Home Owner News,Real Estate News,Real Estate Trends,Today’s Marketplace

Sheryl was RREA’s Winner of our first quarter listing contest for 2012. Congratulations Sheryl!