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Preferred Properties of Texas

The Preferred way to buy & sell real estate for you

7 Good Signs Your House Will Sell on the Market

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Selling a home can be an important undertaking. Various factors can affect its marketability.

If your home is located in an area with top-rated schools and amenities, as well as convenient transportation, it could be a good sign that you’ll sell your house quickly and at a fair price.

This guide is for you if you’re selling your home. This guide will explain the seven good signs that your home will sell.

1. Your house is in a desirable location

When looking for a home, location is a key factor. It’s important that your home is close to good schools, shopping and public transport. Your house will stand out if it is convenient and attractive.

2. You have the right price for your property

The right price for your home is one of the best indicators that it will sell quickly. People may not even look at your house if it costs too much. If it is priced reasonably, then more people will be interested.

The buyers are smart and will do their homework. Your house will be more attractive to buyers if it is priced competitively.

3. Low inventory of comparable properties

It’s more likely that if there are fewer houses on the market with similar features, sizes, locations or prices, yours will be noticed quickly. By making buyers move quickly, the laws of supply-and-demand work in your favor.

4. Your home’s curb appeal is high

When it comes to selling a home, first impressions are important. A home with high curb attraction attracts potential buyers from the first moment they see it. It’s all about creating an inviting and appealing first impression that will make people want to see more.

5. The house is move-in ready

A single-family house for sale that is move-in-ready will have a big advantage. It means that buyers will be able to move in immediately after receiving the keys. They won’t have to make any repairs or changes first. This saves the buyer money, time and stress.

6. Positive Market Conditions

When the economy is doing well, many people are more willing to spend money on anything, including houses. There could be many people looking to purchase a house like yours when the market is doing well, particularly when interest rates are low and there are plenty of jobs. In times of prosperity, may provide more options and help to sell your home quickly.

7. There’s a lot of interest in your home

You will see a spike in the number of inquiries and foot traffic at open houses after listing your property. This is a good sign that your home will sell quickly.

This indicates that there are certain factors in your property that buyers find appealing, such as the price, location or other unique features.

Recognizing the Good Signs Your House Will Sell

These signs can make you feel relieved and excited. You’re on track. Market trends and buyer reactions are important.

Your house is likely to sell quickly if it meets these criteria. Stay positive and proactive. These signs will show that you are moving in the right directions. Selling a home is a huge step. Call Preferred Properties of Texas today to get started!!

Original Blog: https://realtytimes.com/consumeradvice/ask-the-expert/item/1048647-7-good-signs-your-house-will-sell-on-the-market?rtmpage=wishes

What is a Certificate of Occupancy?

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You want to make sure that the home you are buying is safe. You may need a certificate when you purchase a home. The CO is another name for a certificate of occupancy. The CO’s main purpose is to verify that a home is suitable for living.

Here are some more details about a certificate if occupancy.

The Basics

A certificate of occupancy (CO) is a document which certifies that a building, such as a home or office, can be occupied. The CO will include the legal classification of the property in terms zoning. The CO, for example, will state whether the property has a residential, retail, or industrial use. This means the property is used in its intended purpose. Residential property, for example, should be used as the primary residence.

A CO verifies that a property meets code and is in compliance.

Thirdly, a CO will show that the property meets the requirements of the municipality in which it is located.

The CO will also include the address of the property, its legal description, including the square footage, as well as the zoning codes, owner and any other relevant notes to the safety of the property.

When do you need a CO?

You will need to check local rules and circumstances before you can sell your house.

You’ll need a certificate if you have converted space. This could mean that you need a certificate if you are selling a multifamily home, but have converted it to a single family home. You’ll also need a CO if you are converting your business to a residence.

You’ll need an agent if you’ve done a lot to renovate your home.

It’s important to check if you need to get a CO before selling a house if you have done any remodeling.

You may have to do some work to bring your home up to code if you don’t have one and need it to sell.

You would need to include a CO in the sale of a newly built house.

Your home probably had a CO when it was built. If you haven’t done any major renovations, or if the building code hasn’t changed since your home was built, you can use this CO.

How do you get one?

You can contact the local building or zoning department if you need one. You should find contact information on the website of your city or town.

You can apply for an CO if you already own a home. You may need to submit architectural plans if the home has undergone extensive renovations, or if it was newly built.

If you need a CO then someone from the local government will have to inspect your home. This is not the same thing as a house inspection when you are doing a real-estate transaction.

The professional inspecting the building will compare it to the current codes and ensure that there are no violations. They will examine the general components of a building, as well as plumbing, electrical systems, fire safety and other minor elements.

You will receive a final report at the end.

You can proceed with the sale of the house if you have passed the inspection. If you fail, you will receive a list with what you need to fix within a certain time frame. After you have made the necessary repairs, you will be subjected to another inspection.

You might be unable to complete your purchase if you do not have a CO. This is because lenders will not provide financing for an unsafe home. Your municipality may also fine you or sue you if your home is not safe.

In some municipalities you will need to obtain a new certificate each time you rent or sell a home. Check with your local zoning or building authority if you’re not sure.

Original Blog: https://realtytimes.com/archives/item/1043057-what-is-a-certificate-of-occupancy?rtmpage=

Buying a Home? Don’t Forget to Ask These Questions!

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The responsibility and liability of buying a house is considerable. You are bound to the home you purchase until you successfully sell it. You must therefore be extra cautious and ask as many questions as you can before closing a deal. Here are some questions that you should not forget to ask before buying a house.

Can you have a copy of the home’s sales history?

You should know how many times your home has been sold over the years, as well as the price each time. You will be able to see the value changes of your property, which you can use in future negotiations and when selling the house.

What are the monthly and annual costs of utility and maintenance?

Nobody wants to live in a house that has astronomical utility bills. It makes the owner look like he or she is rich. You should know the annual maintenance costs, as well as water, gas, and power bills, to determine if you are able to afford a home.

What is the property tax?

The value of the home is what determines the main property tax. However, the amount the current owners pay is an important factor in determining future costs.

Is the house unusually old or has it been involved in any crimes?

Brokers or sellers should disclose any history of suicide, murder or death. A history that is unusual, such as appearing in a movie, magazine or commercial, should also be disclosed. If a house is featured in the public media, it could be a sign of a privacy breach in the future. A negative history may make it difficult to sell a house in future.

When was the roof last repaired or replaced?

Roof replacements can cost up to $10,000. Future homeowners should be aware of when such a large expense may be due.

Is there a parking restriction around the property?

It is possible for future guests to need to park outside the home, even if it has a garage. The last thing you need is to have your guests’ cars towed.

Are there on-going warranties for the kitchen appliances, garage door, HVAC system, and more?

The cost of replacing any of these items can easily reach thousands of dollars. The warranties will save you a lot of cash in the future.

Are there any renovations or additions made by the current and past owners?

Upgrades can cost a lot. If you are planning to add or renovate the home, it is important to know who worked there before.

Are there any problems with sewage or broken pipes?

It is better to be aware of these problems before hiring a home inspection. The cost to repair such issues can be a significant amount.

Is there a current or past pest infestation?

It can be expensive and time-consuming to get rid of a rodent or insect problem. It is better to know about this than wait until it’s too late.

Original Blog: https://realtytimes.com/archives/item/1029918-buying-a-home-don-t-forget-to-ask-these-questions?rtmpage=

Protecting Your House from Rainwater Damage: 5 Tips

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In the last few years there have been many cases of heavy rains in the US. In many cases, heavy rains were followed by floods. Experts warn, based on new research that such weather conditions will only get worse.

First Street Foundation reports that climate change causes more rain and flooding to occur in different parts of America. Already, the impact of heavy rains is being felt in America.

ABC News reported that fifteen million Americans were on flood alert in the last weeks of January. The Northeast was soaked by a coastal storm. As such weather becomes more common, Americans must learn how to protect their home from rain damage.

This article will discuss some tips on how to protect your home against rainwater damage.

#1 Gutters and downspouts maintenance 

Begin by checking your gutters to see if there are any debris such as leaves or twigs that could obstruct the flow of water. To ensure that your gutters remain clear, regularly clean and flush them.

The downspouts are crucial to the function of gutters. Extend the downspouts, ideally at least five feet from the foundation. Install downspout extension or diverters that will direct water to designated drainage areas.

fascia boards must be selected correctly. Fascia boards add moisture protection to the roofing system of your home. They protect the edge of your roof from moisture, which in turn prevents mold.

Belco Forest Products says that high-quality fascia material makes your roofing system more durable and stronger. The edges will last longer, even in heavy rain.

#2 Sealant Applications

Sealants are a great way to protect against rainwater. Unfortunately, this is a home protection strategy that many people overlook.

Sealants must be inspected and reapplied around your windows, doors and other exterior openings. These seals will degrade over time due to exposure to elements. Water can easily enter your home when it rains heavily.

Choose a silicone sealant to use in your home. It is a reliable and durable sealant that provides a barrier against moisture.

#3 Landscaping for Drainage

Create a thoughtful grading plan for your home so that water flows naturally away from the foundation. Encourage rainwater to flow away from your house by sloping the land.

Install permeable surfaces such as pavers or gravel in areas that tend to accumulate water. These surfaces allow for water to permeate the ground and prevent pooling. They also reduce the risk of foundation damages. Water-absorbing native vegetation can be planted in strategic places to help with water absorption.

Don’t hesitate to hire a professional landscaper if you don’t want to do it yourself. According to Forbes such services cost between $2,600 and $14,700. Costs will vary depending on how large the area is, the length of the project and the number of tasks required.

#4 Window Well Covers

Basements are especially vulnerable to damage from rainwater, and often become the first victims during heavy downpours. If not properly protected, window wells can allow rainwater to seep down into the basement. This vulnerability can be addressed by installing window well covers.

These covers are typically made from durable materials like metal or polycarbonate. They protect window wells against rainwater, debris, and snow. Make sure the covers are properly fitted and securely fastened to avoid any gaps which could allow water into your home. To maintain maximum functionality, clean the covers regularly.

#5 Foundation Waterproofing

The foundation is both the literal and symbolic bedrock for your home’s structural integrity. The foundation must be waterproofed to prevent rainwater damage. Start by checking the foundation for signs of water leakage, such as cracks or fissures. Address any problems with immediate professional repairs.

A waterproofing membrane applied to the foundation walls on the outside can act as an impermeable barrier that prevents rainwater from entering. Sealant paints and coatings can also be used on the interior, particularly in basements that are finished. To ensure lasting protection, it’s important to use products designed specifically for waterproofing foundations.

Protecting your home against rainwater damage is a proactive and comprehensive approach. You can protect your home from the destructive effects of rain by following these tips.

Rainwater can cause immediate damage to your home. Regular inspections and timely repairs will help you protect it. All of these things will help to increase the resilience of your home over time.

Original Blog: https://realtytimes.com/consumeradvice/ask-the-expert/item/1048468-protecting-your-house-from-rainwater-damage-5-tips?rtmpage=wishes

Just Listed! Beautiful 2 Story Home on 21.75 Acres in Tolar, Texas!!

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A beautiful stone home built with 2 stories and 3,456 square feet of space on 21,75 acres. The large living area and spacious kitchen are ideal for entertaining. A shady patio allows you to enjoy the views. A covered area for entertainment is located in the three-car stained concrete garage, which is just off of the barbecue area and smoker. Upstairs, you will find the large main suite. The large primary suite has a double-sided fireplace to be enjoyed while bathing. It also opens up to a balcony that offers stunning views. There are two more bedrooms and a bathroom with a loft. High-fenced property. The property is currently occupied by whitetail deer. There are multiple feeders as well as exotic pens. In the summer, two large ponds can be enjoyed by families. Near the largest pond, there is a barbecue and a rock picnic area. A 40-foot tower offers a 360 degree view of the area. Water fountain with decorative design in front. This extra-large two car garage comes with a workshop measuring 30 by 40 feet, which has multiple roll up doors and an electric outlet, as well as water. RV parking, storm shelter and equipment carport. This is all within a 3.5 mile radius of the Tolar Schools. 

Call Preferred Properties of Texas today to schedule a showing.

PENDING – 11520 Stonecrest Court in Tolar, Texas!!

Marjorie Nuckols- Real Estate Agent

Marjorie Nuckols

830-534-8378

Email Marjorie

 

 

 

I was raised in a very small town .My family owned the only feed store and my dad was a deputy sheriff. We showed and bred Quarter horses, hunted deer and bear. I have one daughter that graduated with honors from OU and is a Naval officer, she was deployed 3 times and she just made Lieutenant Commander for the Navy.

Moved to the Texas Hill Country in 2002, I have been a Texas realtor since 2004, at the time I lived in Harper, Tx just outside of Fredericksburg. We raised Quarter horses and exotics, mouflon sheep and blackbuck antelope. I concentrated my sales on game ranches, equestrian properties, and dream homes. I am excited to be here for the last 2 1/2 years in North Texas and look forward to being a part of the family at Preferred Properties of Texas here in Stephenville.

Buying or Selling? Let me help you find that perfect property!

 

What to Expect When You Close on a House

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The purchase of a home is one of the most important decisions you will make in your lifetime.

Closing is usually the final step. It can be a relief to reach this stage, as you’ve completed the underwriting process. But what should you expect at closing?

The contract negotiations usually determine the closing date. The closing date will be on your purchase contract. The seller accepts the offer, earnest money is paid and then you will have your closing.

The closing date may be several weeks or even months after your offer has been accepted, depending on the time needed to complete the transaction. Being prepared can help speed up the process.

Go Over Your Closing Contingencies

If you have an experienced team, the closing process will go smoothly.

You will need to make sure all the closing contingencies are completed.

These include the completion of loan documents, the home inspection, and the purchase of homeowners insurance.

Usually, the final walkthrough is scheduled 24 hours prior to closing. This is not the inspection. Your agent should schedule a final walkthrough. During this period, the seller should remove all of their belongings.

If the condition of the house does not match what you agreed upon, then let your agent know.

Common problems that delay closings

As we have already mentioned, it can take weeks or months to reach a closing date. You can avoid some of the biggest obstacles by knowing what they are. The following are some of the things which can delay the closing date:

* Appraisal problems
* Loan Issues – Preapproval can help avoid loan issues
* Home inspection problems
* Issues that may arise during the walkthrough
* Problems with the paperwork

Closing costs

Closing costs are incurred once you reach your closing date. These are third-party fees that must be paid before your home purchase can be finalized.

Closing costs tend to include attorney fees, appraisal fees, and your homeowners insurance premium.

Closing fees can range anywhere between 3 and 4% of your home’s purchase price.

Your lender should send a Closing Disclosure to you at least three days before the closing date. This will give you all the details and costs as well as who is responsible for what and how much. Make sure that these costs match the information you received in your loan estimate.

What Happens During the Day?

When you arrive on the closing date, you will need to bring a photo ID, any paperwork that is still needed by the mortgage loan officer, title company or other parties, and a certified check or cashier’s cheque. The check must be made payable to either the title company or closing company. The check is to cover any closing costs not deducted from the sale price.

You will pay the remaining closing costs on closing day. These are the costs you should have already been aware of after reviewing your Closing Disclosure.

The seller signs documents transferring ownership.

You will need to sign several documents, including a settlement note that details all costs associated with the sale, an mortgage note stating your promise to repay the loan and a deed or mortgage of trust. A title company then registers the deed under your name.

If you have already signed your contract, you will be able move into your new home as soon as all the paperwork is complete.

Original Blog: https://realtytimes.com/consumeradvice/buyersadvice/item/1040826-what-to-expect-when-you-close-on-a-house?rtmpage=

Preferred Properties of Texas

(254) 965-7775|Contact Preferred Properties of Texas