"Dot" Spot on Properties!
In 2010 started TEXdot Realtors, Inc. - Broker Owner, small mom shop. Taking care of family and friends is my livelihood.
Serving Houston Association of Realtors Management Central Advisory Group
Current Member (2016) of Houston Independent Real Estate Brokers Association (HIREBA)
Received Jr. Achievement in 2008
CURRENT MARKET CONDITIONS
MLS Report for December and Full-Year 2017 HURRICANE HARVEY CAN'T STOP HOUSTON'S HOUSING MARKET FROM REACHING RECORD TERRITORY IN 2017 Houston real estate resists Mother Nature to complete its strongest year ever HOUSTON — (January 10, 2018) — Despite the devastating assault that Hurricane Harvey waged on the greater Houston area last summer – from which many property owners are still recovering – the Houston real estate market set new records by the time the sun set on 2017. Single-family home sales for the full year rose 3.5 percent compared to 2016, the previous record year. However, as 2018 gets underway, the supply of housing remains constrained. Inventory had begun to reach more balanced levels when Harvey's widespread flooding sent affected residents scrambling for whatever undamaged rental and sales homes were available to provide safe shelter for themselves and their families. According to the latest report produced by the Houston Association of Realtors (HAR), sales of all property types in 2017 totaled 94,726 units, a 3.5-percent increase over 2016's volume, which was 91,530. Total dollar volume for single-family homes sold in 2017 rose 6.5 percent to $23 billion.
See full report at http://www.texdotrealtors.com/market-conditions.asp (copy and paste link)
350 Petty Hockley, TX, 77447
MLS# 24150856 (HAR) / For Sale
Broker: TEXdot Realtors, Inc.
32 Palms Other, OT, 77379
MLS# 73420964 (HAR) / For Sale
11430 Log Cabin Tomball, TX, 77375
MLS# 5821642 (HAR)
Broker: TEXdot Realtors, Inc
22607 Kenswick Bluff Tomball, TX, 77375
MLS# 56914190 (HAR)
Broker: Lennar Homes/Village Builders
6334 Borg Breakpoint Spring, TX, 77379
MLS# 21561428 (HAR)
$0 - $10,000 / Rental,
4 Beds , 3 Baths,
2,406 Sq.Ft. , Year Built: 1966 ,
Broker: TEXdot Realtors, Inc.
Dear Miss Kathy,Harris county has an abatement program. This program is to enforce clean properties. All counties are going to have concerns about water run off, water drainage, EPA. Best of luck!
If I understand you correctly, the buyers walk through and acceptance form is typically provided by the buyers agent, after the buyer walks through the property, prior to closing. I think this scenario occurs in most transactions. However, I prefer to have the document for my files as the listing agent and often bring a blank copy of the form to closing for the Buyers to sign, just in case the buyer's agent doesn't have the same policy procedure practice.
Dear Mr Maurice, when we calculate valuations we use only three sales in the last six months. I believe you are on the right track, before increasing the sales price be realistic on your upgrades, location to city, product type, demand and location within the subdivision; you will want to compare that data with the existing sales. Best of luck!
Interesting question as far as a report, local police sherif or constables will have records of incidents on the property. You will know which entity to check in Houston based off of the subdivision. If you are not sure contact the HOA and ask if there is a contract with constables to patrol the subdivision. Any subdivisions publish crime in the subdivision newsletter. Most Sellers will be glad to disclose what they know, even if it isn't required by law. Unrecorded information usually can be obtained by neighbors, but it could be hearsay or muddled information.
Houston community bank Al Dean did one for me years ago. North side of beltway 8 off of veterans memorial. (281) 537-7200 Or find a savings and loan or small bank near the property. When we bought land we bought with a loan through community. Once the house was constructed (ours was a modular) then the land loan was bought out by the local bank who held a mortgage (can't have the mortgage until you have a residence attached to te property). Hope this helps.
Q: Can a broker share a commission with an attorney when the attorney is a principal in the transaction?A: Yes. However, this is because the attorney is a principal to the transaction, not because he or she is an attorney. It is not a violation of TRELA or the Rules for a license holder to rebate a portion of a commission to a party in the transaction. If the rebate is to a party the license holder does not represent, the license holder must obtain the consent of the party the license holder represents. This must be done before making the payment. [Rule 535.147(d)]
Dear Etinosa, be sure to ask about the expenses accrued by winning the bid.
Get legal advice in adding the sqft. measurement in your contract. In the past I have added the requirement in special provisions to alert the appraiser to measure all rooms and calculate the footage for buyer. Also included a timeframe. Typically sqft size differentials are not covered in the contract. Buyer will sign Broker Notice to Buyer tenant which has a clause about sqft.
As always, it depends: on the current lease contract terms. No matter what the terms are is the owner/LL willing to break a lease contract? Most lease contracts do not cover a tenant purchasing. Only the LL selling a home leased. Experience proves LL can be bought out of a current lease.
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