Top Tips for North Texas Home Buyers and Sellers


 

Homes selling above asking price, numerous offers for the same property, hip-pocket listings shared only by word of mouth – it’s no secret that the North Texas housing market is booming.

To help you navigate these unprecedented home-buying and selling waters, we polled Ebby Halliday Associates and collected their top tips for today’s buyers and sellers.

 

Buyer’s Tips
*  Be qualified. Pre-plan financing by meeting with a mortgage lender ahead of time and receive a pre-approval letter that may be submitted when you make a written offer. “Less paperwork and more personal attention” is more than a saying at Home Team Mortgage Company, Ebby Halliday’s affiliated mortgage source. Contact Home Team Mortgage Company for a frustration-free experience from loan application to decision.

 

*  Act quickly. In a hot market, acting slowly or sleeping on it may cost you the opportunity to buy the home of your dreams. If you’ve found a home you’d be thrilled with, don’t wait to submit an offer – other buyers will likely be doing the same.

 

*  Offer a compelling price. Sellers often price their homes based on historical sold data or appraisals, and in a strong market where prices are rising rapidly, homes may sell for the listing price or higher. Study the sold comps, but also compare the house you want to other homes on the market, and ask yourself, “What price am I willing to pay, and at what price am I willing to lose this house?”

 

 

Seller’s Tips
*  Market to everyone near and far. You have the best chance of selling your home for the highest price by exposing it to the largest number of potential buyers. When you list your home with Ebby Halliday, it will enjoy worldwide exposure on ebby.com, the gold standard in residential real estate websites. Ebby.com is one of the most-visited residential real estate sites in the nation, far outpacing the competition.

 

*  Respond and keep momentum. There is an old adage that time kills deals. A buyer’s interest is at a peak level at the time he or she submits an offer, so keep the momentum going, choose the best offer, and respond promptly in writing.

 

*  Don’t be greedy. If a buyer offers an acceptable price and terms, sign the offer and your Ebby Halliday Associate will schedule a closing appointment and expertly guide you through the home-inspection and closing process.

 

Have a buying or selling question not addressed in this post? Contact one of Ebby Halliday’s North Texas offices and we’ll be happy to help in any way we can.

 

6 Tips for North Texas Home Buyers and Sellers


Finally a home of our own!

With a shortage of available inventory, numerous offers for the same property, hip-pocket listings shared only by word of mouth — it’s no secret that the North Texas housing market is strong.

To help you navigate the home-buying and selling waters, we polled Ebby Halliday Associates and collected their top tips for today’s buyers and sellers.

Buyer’s Tips

Be qualified
Pre-plan financing by meeting with a mortgage lender ahead of time and receive a pre-approval letter that may be submitted when you make a written offer. “Less paperwork and more personal attention” is more than a saying at Prosperity Home Mortgage, Ebby Halliday’s affiliated mortgage source. Contact Prosperity Home Mortgage for a frustration-free experience from loan application to decision.

Act quickly
In a hot market, acting slowly or sleeping on it may cost you the opportunity to buy the home of your dreams. If you’ve found a home you’d be thrilled with, don’t wait to submit an offer — other buyers will likely be doing the same.

Offer a compelling price
Sellers often price their homes based on historical sold data or appraisals, and in a strong market where prices are rising rapidly, homes may sell for the listing price or higher. Study the sold comps, but also compare the house you want to other homes on the market, and ask yourself, “What price am I willing to pay, and at what price am I willing to lose this house?”

Seller’s Tips

Market to everyone near and far
You have the best chance of selling your home for the highest price by exposing it to the largest number of potential buyers. When you list your home with Ebby Halliday Realtors, it will enjoy worldwide exposure on ebby.com, the gold standard in residential real estate websites. Ebby.com is one of the most-visited residential real estate sites in the nation, far outpacing the competition.

Respond and keep momentum
There is an old adage that time kills deals. A buyer’s interest is at a peak level at the time he or she submits an offer, so keep the momentum going, choose the best offer, and respond promptly in writing.

Don’t be greedy
If a buyer offers an acceptable price and terms, sign the offer and your Ebby Halliday Associate will schedule a closing appointment and expertly guide you through the home inspection and closing process.

Have a buying or selling question not addressed in this post? Contact one of Ebby Halliday Realtor’s North Texas offices and we’ll be happy to help in any way we can.

5 Tips for House Hunters


 

5 Top Tips for House Hunters

 

When shopping for a new home, it’s easy to get swept away by a property’s most charming characteristics — and to play down important things you may regret later. Define your priorities early on to streamline the house-hunting process.

 

Below are five tips to help you stay organized and focused:

 

Location matters.  Location is a key consideration when choosing a home, and there are multiple factors that can affect your decision. Just a few of these include schools, commute times to work, and local amenities such as nearby restaurants, shopping and attractions.

 

List your priorities. You’ll save hours of shopping for a home if you list what you need and want in a home ahead of time. Zero in on the features you must have, would like to have, would prefer not to have — and definitely don’t want.

 

Get pre-approved for a mortgage. How much you can pay for a home is a function of your income, creditworthiness, interest rates, the type of loan and how much cash you have for the down payment and closing costs. Rather than guessing, ask a mortgage banker to give you a full assessment and a pre-approval letter stating how much you’re qualified to borrow. A great place to start is at Home Team Mortgage, Ebby Halliday’s affiliated mortgage company.

 

Use a checklist. Touring multiple properties is a confusing experience for most buyers. Rather than trying to rely on your memory, make notes about the homes you visit. Turn your priorities into a personalized home-shopping checklist and use it to track features of each property.

 

Relax.  Buying a home is a major life-altering event, but it’s not worth getting too stressed out. As with all major occasions in life, it’s important to keep the experience in perspective.

 

Today’s homebuyers have access to a wealth of information, but may not have a way to tailor it to their needs. That’s where a real estate professional can save you a great deal of time and money. To find just the right agent for your real estate needs and to view properties for sale in North Texas, visit the award-winning ebby.com. For information on loan pre-approval, click here.