Purchasing real estate in Flower Mound, or any location for that matter, is most likely going to be the largest investment you make in your life. Given the enormity of the decision, it only makes sense to be armed with the best possible information to get the best possible deal. This post is meant to provide you with tips to make your home buying dreams a reality.
When looking at a home that you are considering buying, take a look around to see if you can find any potential hazards that you are going to have to change. You may find that you will have to add new railings, lighting or garage doors to keep your kids safe. These things will all cost money, so be sure to calculate what the cost is going to be and take that information to the negotiation table with you.
Research any liens on the property. Before you purchase a property, be sure to ask the seller whether there are any current or impending liens against the property. A current lien will most likely already be disclosed to you. However, there is no required notification of impending liens. An impending lien could mean something like the city putting in new sewer pipes and requiring you to pay the bill.
If you have always wanted a vacation home, now is the time to purchase one. Some of the most depressed housing markets in the country are in great vacation areas. You could pick up a nice property for a cheaper price than you would have been able to get five years ago. Interest rates are also very attractive right now. It is a great time to buy a vacation home in Flower Mound, where residents and visitors enjoy unlimited recreational and leisure activities.
If you have had the misfortune of experiencing foreclosure, don’t be discouraged. Although a foreclosure can stay on your record for as much as seven years, FHA, Freddie Mac and Fannie Mae usually require a minimum of only three years before they’ll help with another home loan. That’s assuming that your foreclosure was due to incidents like illness, job loss or relocation. You may be asked for as much as a 20 percent down payment and a somewhat higher interest rate, however.
Following a big move, temporarily renting might be a better option than buying a house right away. Time is at a premium following the relocation process. This makes it tempting to find and purchase a home quickly, but rushing through the home buying process can be dangerous. Renting in the short-term, gives the potential homeowner the time to find the best house and the best bargain.
Buying real estate is truly part of the American dream. It will almost certainly be your largest investment, and therefore, the most important decision you make. Choosing the right Flower Mound home and getting the right price can be an overwhelming process, but if you apply the advice from this post, you will help ensure your American dream comes true.
If you’re in the market for a home in Flower Mound, TX and are looking for a real estate agent to help you through the process, give The Buehlers & Associates a call at 972-355-1600.
Kurt Buehler and Jared Rosckes have a short Q&A on some aspects of homeowner’s insurance.
If you are thinking about selling your home, there are several reasons why selling your home over the holidays is a great idea.
Enjoy this video spoof we did in cooperation with PEMCO to promote HUD homes.
Please call us at 972-355-1600. We are here to help!
Kurt & Darla talk about the dangers of overpricing and how you can net more money for your home by pricing it correctly to begin with.
A recent client wanted rave about the Buehler Team
We want to talk with you about something that we have been doing that has been very effective for us. We don’t know the stock market and we’ve seen our money go up and down. So, we contacted a gentleman in Colorado and we can flip properties within our IRA. We just finished one that made us $16,000 and we only held the property for two months.
On one specific property, we closed on December 20th. It took us 20 days to rehab the property with hardwood floors, paint, and appliances. We worked with great vendors who do work at a very reasonable cost as a way to save money. This house was on the market at $209,000 and we bought it at $200,000. In the end, we put the home back on the market at $239,000 and it sold in three days with multiple offers. We would love to talk with you if you are thinking about investing in real estate. The one bad thing about this process is that we can’t take the money out to purchase an RV.
We would love to help you find ways to make your assets increase and grown your money. Give us a call at 972-355-1600. We would love to help.
Good Afternoon. We’d like to speak to you about purchasing foreclosures. We recently went to look at a house that was in foreclosure, with the intention of flipping it. Just because it says ‘foreclosure’ don’t assume that it is a great deal.
The specific house that we were looking at is in Wellington, a subdivision here in Flower Mound. We thought it was a great buy at $234,000. After loooking through the home and figuring out how much money we would have to put into the house before we flip it, we decided that we could spend $200,000 on the home. We found out later that the winning bid was $255,000, higher than the original list price. People got caught up in the fact that it was a foreclosure. Make sure that when you are making these decisions on what you will buy you have the comps pulled. Look at the hard costs you will be putting into the home. Be careful. Give us a call and we can offer some advice.
A new survey from NAR shows that 89% of all home buyers start their search on the internet.
If you’re thinking of selling your home, catering to the internet home shopper could give you the jump on sellers who wait until spring.
We’re happy to announce our first raffle winner! Be sure to watch and enter next time! You can do this by sending us your answer to the question found in the newsletter.
Happy Thanksgiving!!

