Keith Burrhus is a licensed Texas Broker practicing real estate in Houston and surrounding areas. He is the owner and managing broker of Village Property Advisors, which is located on the Katy Freeway at Beltway 8, the population epicenter of the Greater Houston area.
With over 20 years of experience, he and his top associates sell properties from the Memorial Villages, Spring Branch, West University, Bellaire and Galleria markets to Sugar Land, Katy, Cypress, and beyond. The extraordinary market reach of Village Property Advisors provides clients and associates with strong insights on market trends throughout the area.
Please visit us at www.vpatx.com, www.HoustonHomesDirect.com, www.MemorialHoustonHomes.com, or www.FortBendHomes.com for a comprehensive look at available properties throughout our area.
If you are considering selling your home, you may find out how now. Request your home selling analysis featuring Recently Sold, Market Analysis, Home Valuations and Market Update.
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$ 185,000 / Townhouse/Condo - Condominium,
2 Beds , 1 & 1/2 Baths,
1,286 Sq.Ft. , Year Built: 1977 ,
MLS# 51536749 (HAR) /For Sale
Broker: Village Property Advisors
3214 Continental Missouri City, TX, 77459
MLS# 85937385 (HAR)
1022 Honey Hill Houston, TX, 77077
MLS# 92021203 (HAR)
0 Hagerson Rd Sugar Land, TX, 77479
MLS# 54962092 (HAR)
Short and best answer is yes always if you know it\'s in the floodway. As fiduciary, the listing agent/broker must disclose this significant fact to keep the client out of the courthouse. Try to keep it simple, but know that things can get complicated. See LOMR in any google search for example. So have supporting information for your client at every turn, and consult your broker for proper ways to present the offering.
USGS has a hi-res pdf here: https://pubs.usgs.gov/sim/2005/2874/pdf/sim2874plate.pdf\nIt\'s a large file, and you can zoom in a lot. If you are good w screen shots and photoshop, you can superimpose a zoomed-in image onto a google map. I put the site below. The link to the pdf file says, \"pdf of plate\" on the website. Hope that\'s a help.
Good answers here, but not mentioned, and maybe too obvious, buyer and seller can negotiate a combination of more cash from buyer and lower price from seller. Buyer cash reserves will need to be re-considered by lender. Keep in mind the Financing Addendum reads, \"buyer may terminate...\", so buyer remains ultimately in control of the transaction.\n\nI once represented a buyer on a house purchase in the Heights for $600K. It was a nice mid-market price, and buyer did a few minor improvements after the purchase. Employer relocated them after only 4 months. We put the house on the market at $670K, got a contract for $660K, that appraisal came in at $620K. Seller would not reduce price, buyer terminated. Two weeks later, got a contract for $670K, that appraisal came in at $670K. Moral: Appraisers do make sometimes significant mistakes, appraisals are an opinion, and real estate is always a great and fun adventure )
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