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  • You get what you pay for

    In Texas, the realtor commission is normally paid by the Sellers.  The Realtor listing the property, handling the marketing, the showings, the negotiations, and varies miscellaneous tasks, splits the commission with the buyer's agent. Commisions are negotiable. The Realtor's cost of doing business is like any other business owner and ...
    Posted to seretha's soapbox (Weblog) by 180859 on October 12, 2009
  • FDIC and prepayment of assessment by banks

    Today the FDIC approved pre-payment of the FDIC assessment  banks pay for years 2010, 2011, and 2012 beginning in 2010.  There will be no special assessment for 2009. Initial reaction from commentators ranged from whether cost will be passed on to consumers, to timing of the increase.  This approval will now go out for 30 days ...
    Posted to seretha's soapbox (Weblog) by 180859 on September 29, 2009
  • Property Related Proposed Constitutional Amendments 2009

    We have several proposed amendments to the Texas Constitution on the November 3rd ballot.  Four of them are property related. Amendment 2: Deals with taxation of a residence homestead solely on the value as a homestead rather than highest and best use. Amendment 3: Would apply uniform appraisal for tax purposes. Amendment 5: Would give ...
    Posted to seretha's soapbox (Weblog) by 180859 on September 28, 2009
  • About Texas, for the newcomers

    Go to www.KatyDreamHomes.com, in the upper right hand corner click the "About Texas" button and there you have it. Information on thngs to know when  moving to Texas. If you haven't  guessed it yet, we are trying to keep you coming back. Ya'll come back now
    Posted to seretha's soapbox (Weblog) by 180859 on August 31, 2009
  • Waiting, Foreclosures and Short sales

    Thoughts from a Realtor  on " it is Monday again and I am still waiting with anticipation of Tuesday with more promise. " Short sales, Reo's/Foreclosures are a larger part of real estate now but for those of us who were not involved in real estate in the 80's , it is mind boggling. It is ...
    Posted to seretha's soapbox (Weblog) by 180859 on August 31, 2009
  • Changes in 2 of Texas' laws

    School has started in Texas and this year we  have 2 laws with more teeth  Texas House Bill 55 was signed by the Govenor in June 2009.  The new law prohibits the use of a wireless communication device within a school crossing zone.  The exception: use of  hand free device. House Bill 537: Seat belt law changed as of ...
    Posted to seretha's soapbox (Weblog) by 180859 on August 27, 2009
  • Credit Tip

    This tip came from a Lender contact for my Clients. For those considering purchasing or refinancing a home, "DO NOT PAY OFF ALL YOUR CREDIT CARDS THEN CLOSE YOUR ACCOUNTS!"  This would mean that you HAVE NO CREDIT and therefore cannot purchase a home until you re-establish your credit which can take a YEAR or more.    
    Posted to seretha's soapbox (Weblog) by 180859 on August 19, 2009
  • $8000 Home Buyer Tax Incentive

    OCTOBER 16, 2009 Since the time required to close on a home has increased, brand the above date into your mind.  Unless things change, and they could. this is the latest possible date to go under contract and still expect to close before the buyer incentive goes away.
    Posted to seretha's soapbox (Weblog) by 180859 on August 9, 2009
  • Who are all these supposed real estate experts?

    I read an article this morning which stated, the realtor works for the seller of a home and the home inspector works for the realtor.  They advised hiring your own expert inspector. Who is this expert? Yes, a seller hires a realtor to work for them in selling their home.  The buyer should also have a realtor they have hired to work for ...
    Posted to seretha's soapbox (Weblog) by 180859 on January 8, 2009