Posts by Grant Dean
When do I get my keys?
What day of the week is best to close on a property? Any day except Friday. Many times buyers and sellers do not close at the same time during the day and if one party cannot close until the late afternoon the chances of the file funding and the buyer getting their keys is slim.…
Read More“The Internet says my house is worth $$$….”
Texas is a non-disclosure state, meaning what you paid for your home is not public record and is only known by you and whoever was part of the sales process. The only information that is recorded as public record is what you financed. So how do third party websites estimate what your home is worth?…
Read MoreThe appraisal came in low, now what?
What happens if the appraisal comes in less than the contract price? I dealt with this twice this past week. In both circumstances I was representing the buyer with the appraisal coming in under by several thousand dollars. So what are the buyers options? Per the contract the property must meet all the lender requirements…
Read MoreHome Inspections – Repairs or NOT?
Home Inspections & Doing Repairs – Should you say Yes or No? Buyers will many times do a series of inspections on property during their Option Period (if residential) or Feasibility (if commercial) and in my experience 90% of the time will ask for repairs. Take the advice of your agent however its my opinion…
Read MoreMaking Money with Short Term Rentals
Short Term Rentals have become a very popular way for homeowners to make money. My family and I have used the services of Home Away and AirBNB to find a place to stay for vacation several times. It can be a great way to earn additional money if you’re in an area that attracts tourists…
Read MoreWhat is a Lease Back and who cares?
What is a seller lease back & why should I care? Selling a home and moving is one of the most stressful times in life. The effort and money it takes to get the property ready to sell (repairs, improvements, packing up, staging, etc), having strangers coming in and out during the sale for showings,…
Read MoreWater – Where do we get it?
With all the growth in Central Texas, having enough water for residents has been a critical topic of conversation for each city. Cities like Round Rock, Cedar Park & Leander have partnered up to build a Deep-Water Intake Pump in Lake Travis to provide water to the cities as they grow. Currently the primary water source for…
Read MoreHOA – Love them or Not
HOA – The Love Hate Relationship. Many times a buyer will ask if certain home or area has an HOA? If I get that question early on it usually means they have had a negative experience with one in the past. Home Owners Associations help maintain the condition and appearance of a neighborhood through collecting…
Read MoreSave on Capital Gains Tax – 1031 Exchanges
1031 exchanges are a great option for investors to use when they don’t want the expense of Capital Gains tax on the sale of an investment property. Key points are: 1) The property/s you plan to buy with the proceeds from the sale of your investment must also be for investment purposes only 2) The…
Read MoreGetting Rich with Investing
Real Estate Investing Tip & Investing for Big Gains – Residential to Commercial One of my favorite types of investment finds for my clients is locating an older residential property in an area that has been surrounded by commercial properties. You buy it at a residential rate then re-zone into a commercial property. Of course…
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