March 2013 Houston and National Housing Market Trends
This month's featured video discusses a buyer's potential closing cost.The final step in any real estate transaction is the closing. During the closing all funds are accounted for and distributed. It is during the final accounting process the buyer learns what the ultimate cost and expenses will be.
At some point prior the closing the buyer will receive a HUD-1 form also known as a closing statement. This form will identify the buyers and sellers financial responsibilities and distribution of funds. Here are some of the fees a buyer may be responsible for: lenders points, loan applications fee, cost of credit report, attorneys fees, escrow taxes and insurance and title insurance just to name a few.
Depending on the location, type of property being purchased and other factors the fees may or may not apply. All of your particular closing costs will itemized on your closing statement. While it can feel like they are quickly adding up, the closing costs are a routine part of the buying process and many of the fees paid actually help protect your investment and insure your interests are represented.
There is a lot to know about owning a home. A Realtor is always your best source of information for all your real estate needs...
If you have not reviewed my monthly Housing Trends Newsletter - you could be missing out. Everywhere I go, people are asking me about the housing market conditions - it's on everyone's mind. Staying abreast of local and national market conditions and factors that can affect the future sale or purchase of your home can make the decision process less daunting. I always tell my clients that in order to make the best decision they need to have all the information they can upfront. My Housing Trends Newsletter is just one of the tools in my arsenal to make sure you keep informed.
The March 2013 Local and National Housing Trends has just been released. This month's newsletter is packed full of local and national housing market statistics and news you need to know to stay current with today's changing housing market.
This month's housing trends issue features:
6 Home Deduction Traps and How to Avoid Them
Get Top Dollar with Clean House
Buying? Selling? Moving? "10 Packing Tips"
Celebrity Larry David Lists in Pacific Palisades
You can view the newsletter here.
If you wish to receive FREE Housing Trends eNewsletter e-mailed to you monthly, click here to Subscribe.
If you are considering selling your house or buying a home and need more information, I am never too busy to help, please contact me for more information.