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November 2013 Houston and National Housing Market Trends

by Lorna Calder

This month's featured video discusses homeowners insurance. Home insurance also called hazard insurance or homeowners insurance is the type of property insurance that covers private homes. It is an insurance policy that combines various personal insurance protections which can included loses occurring to ones home, its contents, lose of its use or lose of other personal possessions of the homeowner as well as, liability insurance for accidents that may happen at the home.

 

It generally requires at least one of the people listed on the policy occupies the home. The insurance policy itself is a lengthy contract that names what will and will not be paid in the case of various events. Typically claims due to floods or war are excluded. Special insurance can be purchased for these possibilities including flood insurance. Fire insurance requires a special premium charge plus the additions of smoke detectors and on site fire suppression systems to qualify.

 

The home insurance policy is normally a term contract that is affective for a fixed period of time. The payment the insured makes to the insurer is called the premium. The insured must pay the insurer the premium each term. Most insurers charge a lower premium if is appears that the home is less likely to be damaged or destroyed. For example, if the home is situated next to a fire station or if the house is equipped with fire sprinklers and monitored fire alarms.

 

Most mortgages require a homeowner to carry this insurance during all times that the mortgage remains in effect. Anyone with an insurable interest in the property should be listed on the insurance policy. 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 November 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:

How to Choose the Right Home

5 Biggest Moving Day Mistakes

How to Buy a Home in Foreclosure or a Short Sale?

Are You Ready to Buy a Home?

Detroit, Santa Barbara, Reno Lead Housing Markets' Rebound

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.

June 2013 Houston and National Housing Market Trends

by Lorna Calder

This month’s feature video will discusses the importance of having a property inspected prior to purchase. A home inspection is an objective visual examination of the physical structure and systems of a home from the roof to the foundation. The standard home inspectors report will include an evaluation of the condition of the homes heating system, central air conditioning system, interior pluming and electrical systems, the roof, attic and visible insulation, walls, ceilings, floors, windows and doors, the foundation, basement and visible structure. Why do you need a home inspection? The purchase of a home is probably the largest single investment you will ever make. You should learn as much as you can about the condition of the property and the need for any major repairs before you buy so you can minimize unpleasant surprises and difficulties afterwards.

 How much does a home inspections cost? The inspection fee varies geographically. The fee may also vary depending on the size of the house, its age and possible additional services, such as septic, well, and radon testing.The knowledge gained from the inspection is well worth the cost and the lowest priced inspector is not necessarily a bargain.  Though it may be natural to wonder if you can do it yourself even the most experienced homeowner lacks the knowledge and expertise of a professional home inspector. An inspector is familiar with all the elements of home construction, their proper installation and maintenance. More information about licensed professional inspectors can be found at www.trec.state.tx.us/inspector/levelsandpaths.asp .

You may wonder if a house can fail an inspection, the answer is no.  A professional home inspection is an examination of the current condition of your prospective home. A home inspector will not pass or fail a house but rather describes it’s physical condition and indicates what may need repair or replacement.  

So now you have learned why it is so important to always have a property inspected as part of the purchase process. 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 June 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:

What Homeowners' Insurance Discounts Are You Missing?

What Goes With You When You Sell Your Home?

Punch Up Your Porch for Under $100

How to Sell Your Home & Buy Another at the Same Time 

Celebrity Rentals

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.

February 2013 Houston and National Housing Market Trends

by Lorna Calder

This month's featured video discusses the MLS or multiple listing service property status terms. During your selling process your realtor will be frequently updating the MLS system to make sure your properties correct status is reflected. This is critical because this is how other agents know whether or not your property can be shown. To assist you with this process you should know about the following terms used by the MLS to represent the current availability of each listed property.

The term active is used to designated a listed property that is currently active and available for showing. The term option pending is used to designate a listed a property is under contract and the seller and buyer have agreed to use the termination option in the contract. The term pending is used to designate a listed property that is under contract and is no longer available to show. The term pending continue to show is used to designate a listed property that is currently under contract but it still available to show. The term sold is used to designate a listed property that is funded and closed. All sales closed must be reported to the MLS. Sold status should not be used before the actual closing.

The term withdrawn is used when a listing is temporary taken off the market but a valid listing agreement still exists. The term terminated is used when the listing agreement between the owner and the listing agent is terminated prior to the listing expiration date. The term expired is used when the contract btw the owner and selling agent ends up at and agreed upon date in the listing agreement.

The MLS has a language of its own. 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 February 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:

5 Ways to Gain Creditworthiness in 2013

Should you Prepay Your Mortgage or Invest?

Top 10 Remodeling Projects Offer Bigger Returns

How to Protect Your Home From Water Damage Makeover

Relax Beside Backyard Pond

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.

 

January 2013 Houston and National Housing Market Trends

by Lorna Calder

This month's featured video discusses what your home is worth. It's simple. It is what someone is willing to pay for it. The challenge may come in determining what amount this may be. For an accurate estimate of what someone would be willing to pay for your home, you need to ask your realtor to conduct a Comparative Market Analysis or CMA. A thorough knowledge of the dynamics of property sales in the specific area is required to make judgments based on the data presented.

Your realtor will add or subtract value based on lot or acreage size, bedrooms, bathrooms, garage space etc. It will also look at financing differences that could have influenced the sales price. Keep in mind that a CMA is not an appraisal. A solid well researched CMA will allow you to list it for a price that will generate immediate interest.

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 January 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:

9 Easy Mistakes Home Owners Make on Their Taxes

7 Tips to Keep Your Home Warm & Save Money

Radio Host Don Imus Lowers Price to Sell Magnificent Water Front Home

Downton Abbey is Given Energy Makeover

10 Things a Burglar Doesn't Want You to Know

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.

 

December 2012 Houston and National Housing Market Trends

by Lorna Calder

This month's featured video discusses green homes. A green home is one that incorporates smart design, construction and maintenance elements to significantly lessen the negative effects of the home on the environment and improve the health of the people who live inside. No matter your location or living situation the opportunities for living a green life at home are only limited by your imagination and to some extent your budget.

One of the features that makes a home green is location. Close proximity to work, schools, grocery stores and parks will cut down on the number of miles you drive and reduce your environmental impact. The ability to use public transportation will also help the environment.

Some other options that will help you be green are size of your home, building design, green building materials, energy star rated appliances, water conservation system, rain water collection system and drought tolerant landscaping.

Making your home a greener place is a commitment to yourself, your family, and your community but more than that it is a learning process. 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 December 2012 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:

Recycling Your Christmas Tree

Holiday Left Scuffed Countertops? Here's Easy 99 Cent Solution

10 Tips to Survive Packing for Your Move

Outfit Your Bed with Style

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.

 

November 2012 Houston and National Housing Market Trends

by Lorna Calder

When your search leads to a property in which you want to make an offer your realtor can create a comparative market analysis (CMA report). The CMA will help determine that properties current value. A CMA requires a through knowledge of the dynamics of property sales in a specific ares to make judgments based on the information available. When conducting your CMA your realtor will identify comparable properties whose sales prices will help determine the probable value of the property you want to buy.

Even within groups of comparable properties there will be important differences. Your realtor will consider difference in lot or acreage size, as well as, feature differences such as number of bedrooms and bathrooms. They will also look at financing differences that could have influenced sales price. A well researched CMA will give you the confidence to submit a viable offer on your dream home. 

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 November 2012 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:

7 Unique Home Office Solutions

Buying and Storing Firewood

Justin Beiber Almost Ashton Kutcher's Landlord

Fall Maintenance: Inside and Out

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.

 

Displaying blog entries 1-6 of 6

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