As you look to buy a home, think about what is important to you as far as the kind of house you want - single family, condo, town home, luxury home, etc. Once you have decided on the type of home you would like, you should consider what you are looking for in a community - reputable schools nearby, parks in walking distance, local community activities and community centers, flourishing economy, good transportation, etc.
Just a few things to get you thinking as you look to buy a home.
Buying a home? Make a checklist - we will be your partner with the list. Continue reading ...
E-signatures promise to simplify real estate transactions quite a bit, and the industry has worked for a number of years to create standards that everyone can agree to with the aim of making them more widely used than they are today.
The Federal Housing Administration gave this effort a big boost back in January when it released a policy that greatly expands what it will allow to be signed electronically. As a result, many of the documents that are part of the file for an FHA-backed loan can now be signed electronically.
More still needs to be done before the actual loan note can be signed electronically, though. “Given that it is the mortgage record that affects the securities and other uses of that document,” says Patricia McClung, FHA acting director of program development, “a little more time is needed.”
The goal is to make that document eligible for electronic signatures by January 2015. “It’ll follow behind by about a year, but we expect to support the e-note as well,” she says.
That will be a game-changer for borrowers applying for FHA-backed financing. But FHA’s policy is also of importance beyond its share of the loan market, because once the agency allows an electronically signed note, it will put in place standards that others in the industry can follow.
NAR met with FHA on its January policy change. In the four-minute video above, NAR Senior Policy Representative Bill Gilmartin talks with McClung.
Auction Donation
Name of Auction item or service: 3% of Sales Price ‘Realtor Credit’ when you buy a home.
Value: Up to $7,500
Description:
Looking to Buy a home? Use this certificate to purchase a home with BILL KUKLA Realty as your Buyer’s agent. Receive a 3% of Sales Price credit from BILL KUKLA Realty’s real estate commission at closing up to a maximum value of $7500. The actual value of the credit will be based on 3% of the contracted sales price.
Restrictions:
Good for up to 1 Year (4/12/2015). To be used on a completed (closed/funded) real estate sales transaction only. A signed Buyer’s Representation Agreement with BILL UKLA Realty is required.
Example: $250,000 Sales price@3% = $7500 Credit at closing.
Minimum Bid: $2000Auction Donation
Name of Auction item or service: 50% Reduction in Realtor Fees to sell your home.
Value: Up to $7,500
Description:
Looking to sell your home? Use this certificate and List your home with BILL KUKLA Realty for a 50% discount! Receive a 50% reduction of Listing Broker’s total real estate commission at closing with a maximum value of $7500. The actual value of the reduction will be based on the contracted sales price.
Restrictions:
Good for up to 1 Year (4/12/2015). To be used toward Realtor fee only on a completed (closed/funded) sales transaction. A signed List Agreement with BILL KUKLA Realty is required. Please note: Real Estate fees (3%) payable by Listing Broker to Buyer’s broker still apply.
Minimum Bid: $2000
Example: $250,000 Sales price@3% = $7500 Fee Reduction
Borrowers with bad credit were shut out of the mortgage market after the housing bubble burst, but now a handful of small lenders are starting to offer subprime loans again. Continue reading ...
Let Bill Kukla Realty help you navigate buying a home for the first-time. Continue reading ...
Learn the latest news on reverse mortgages and let Bill Kukla Realty help educate you.
http://money.cnn.com/2014/02/07/real_estate/reverse-mortgages/index.html
A very good reason to bolster one's finances before entering the Dallas Texas home-buying fray, is that a strong quantity of homes for sale, in any market, is instrumental in determining who has the leverage to set the price. That means buyers with the financial flexibility to raise their offer stand a better chance of actually purchasing a specific home. Continue reading ...
Tip 1: Buyers NOW is the Time Mortgage rates are still near the bottom, but housing prices are beginning to recover and rise. If you are in the market and are looking now is the time to strike. When you are getting prepared to purchase a home make sure you get yourself pre-approved for a home loan to know what you can afford in the marketplace. Continue reading ...
1. First compare current house prices for homes in the surrounding area. You can use websites like realtor.com or the home search on BillKukla.com. Continue reading ...
1. Never buy without a home inspection. Almost all agents will tell you that you can't see everything about the house by only walking through it. Always get that home you're buying checked over by a certified home inspector and follow through on any additional inspections he recommends. In the long run you'll be glad you did. Continue reading ...
1. Get the right agent. A good agent can help relieve the stress finding your perfect home. Ask friends and co-workers in your area. You can’t just let the listing agent on a house represent you both. You must remember the real estate agent’s first responsibility is to the seller. Interview a couple of agents to find who fits with you and make sure accessibility and communication is open to help you. Continue reading ...