Buyer Tips: Interest Rates in 2019

Last week on Instagram, we posted that interest rates were holding steady & that we may not see more increases in 2019! We got a lot of messages with questions, so we wanted to share a few quick takeaway & stats, and what all this may mean to you as a buyer or a seller.

As of March 27, headlines still read “Mortgage Rates Still Moving Lower After Last Week’s Stellar Drop” (Mortgage News Daily), “Mortgage interest rates dropped last week and may stay down for months“, and “Falling mortgage rates propel mortgage applications” (The Housing Wire)… so if you’re thinking about entering the real estate market, now may be the time to do so!

If you’re not planning on moving in 2019 or 2020, perhaps it’s time to refinance or find an investment property. We work with a lot of great lenders and loan officers that can help you to weigh your options. 

For all things real estate, give us a call today at 832-317-6006.

Coldwell Banker United, REALTORS® – Metropolitan

Katie Day, REALTOR®
2 Greenway Plaza #150 Houston, TX 77046
Phone: 832.317.6006
Email: katie@movemetotx.com
Web: http://www.katiedayteam.com | http://www.movemetotx.com

Buyer Tips: Why Get a Home Inspection?

As a home buyer, it’s important to understand the current condition of the home you are purchasing.

Here are a few tips for buyers when home inspections!

If you’re thinking about buying, contact us today so we can discuss your plans and come up with a game plan to purchase your dream home!  

Coldwell Banker United, REALTORS® – Metropolitan
Katie Day, REALTOR®
2 Greenway Plaza #150 Houston, TX 77046

Phone: 832.317.6006
Email: katie@movemetotx.com
Web: http://www.katiedayteam.com | http://www.movemetotx.com

The TRUTH About Viewing Homes Online

It’s so easy to get sucked into looking at home listing after home listing online, drawn to the stunningly filtered photos of manicured lawns, sharp-looking kitchens, and giant bedrooms. Although this is a great place to begin, it’s important to keep in mind that all may not be as it seems.

Here are our top tips to avoid getting duped by listings online.

  • Photos don’t always capture the full picture. Real estate photographers are very good at highlighting the best features of the home and often use wide angle lenses to make spaces appear larger than they really are. But, be aware that there may be less photo-worthy features they aren’t displaying. Don’t forget to look at the property features listed below to gather a better idea of what the home has to offer.
  • Ensure you are looking at current listings. Nothing is worse than falling in love with the perfect home, only to check out the listing date to find it was posted two years ago. Make sure you use websites that are pulling information daily from the Multiple Listing Service (MLS) and have your real estate agent verify it is available.

One GREAT feature we’re able to provide for you is our exclusive HAR.com App, where you can view Premium Content not normally accessible on the HAR.com, such as Sale Prices on nearby listings, and Property History Reports.

Use your real estate agent as a resource. If you find a seemingly great listing online, always run it by your agent to confirm you aren’t missing something important. They can also provide neighborhood details, price comparisons for similar properties just sold in the area, additional listings that match your criteria, and more.

Once you a find a home you’re ready to view, make sure you bring them with you to answer questions and be an extra set of eyes.

If you’re in the market for a new rental or want to buy a house, reach out today! We’ve got a team of agents, ready to work for you.

Coldwell Banker United, REALTORS® – Metropolitan
Katie Day, REALTOR®
2 Greenway Plaza #150 Houston, TX 77046

Phone: 832.317.6006
Email: katie@movemetotx.com
Web: http://www.katiedayteam.com | http://www.movemetotx.com

Buyer Tips: 5 Things to Know about Home Inspections

Home inspection is an important part of the home sale process, both for buyers and sellers. When it’s time for you to hire an inspector, here are five things you should be thinking about:

1. It’s your choice: You are not bound or obligated to use any particular inspector. Your real estate professional may have some recommendations, but it’s ultimately up to you. Ask around and choose wisely—better to pay a little more now for a highly-respected inspector than to be surprised by a problem that the inspection didn’t reveal.

2. Looking for big problems: The inspector will be focused on the integrity of the home—safety, electrical work, foundation, load-bearing walls, etc. The inspector is not there to point out problems with ugly paint colors or light fixtures.

3. The report: There are hundreds of items to inspect in a home, so the inspector’s report will focus on the basics: What’s damaged, what needs repaired, etc. The report should be easy to read and understand.

4. Code of ethics: Though the inspector is working for the party that pays the inspector’s fee, the inspector will not deliver a report that intentionally hides or omits damaging information about the home. The report is private between you and the inspector, but if you’re the seller, you’re required to disclose any problems that the inspection reveals.

5. The inspector is not liable: Even the best inspectors can’t find every single problem in a home. They can’t see inside the walls or through the floors, so there could still be problems lurking. If a problem is revealed down the road, the inspector can’t be held responsible.

Coldwell Banker United, REALTORS® – Metropolitan
Katie Day, REALTOR®
2 Greenway Plaza #150 Houston, TX 77046

Phone: 832.317.6006
Email: katie@movemetotx.com
Web: http://www.katiedayteam.com | http://www.movemetotx.com