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Griffins' Gab - Gulf State Homebuyers Blog
We buy houses throughout the greater Houston area. Let our specialists help you today!
We buy houses throughout the greater Houston area. Let our specialists help you today!
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another record low

Is the Real Estate Market Headed For Another Record Low?

Another Record Low Another record low you might ask. In 2007 the real estate market sank quicker than a lead balloon. For many, the inevitable bubble had popped and with it many people lost the American dream of owning their own home. It wasn’t until approximately three years later that the real estate market started showing small signs of a slow but steady recovery. The influx of low priced houses were starting to sell and that initial low priced inventory moved slowly but surely.   Prices Began to Rise   This slow but steady push was exactly what the real estate market needed to recover. Once the inventory of low priced homes was exhausted, something started to change. Prices and property values slowly started to rise. Great news for the real estate market, but it looks as if this trend in rising prices and values is about to come to an end.   Are Real Estate Prices...

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what is my house worth

What Is My House Worth?

What is my house worth At one point in your life, you will eventually wonder what is my house worth. You may need to know this figure for an appraisal, you may be trying to sell your house fast or you might be interested in how the local real estate market is performing. Regardless of why you want to value your house, here are a few things to keep in mind at all times.   Be Realistic   One of the most common problems people face when they are trying to determine a value for their home is having realistic expectations. Most people become emotionally involved in owning their homes. They have spent so much time there and there is a good chance that great memories were created. This makes it difficult to set realistic goals on the value of the house.   The first step to determining the value of your house is to emotionally detach...

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best way to sell

The Single Best Way to Sell Your Home Fast for Cash

Best way to sell It may have been your home for a long time, but the time has come for you to sell. The best way to sell options for  your house are extremely varied and it can be a little confusing trying to figure out the single best way to go about selling. Don’t let all the options confuse you. Deciding how you want to sell your house will ultimately depend how fast you need it to sell.   Should You Involve A Realtor?   Realtors can get the job done better than anyone else, but they are not always the best choice. Sure, a realtor will have connections and a really good insight to the local market but they don’t always have the fastest results.   If you are trying to sell your house fast, then a realtor may not be the best choice. Those horror stories you hear about houses sitting on the market...

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real estate scams

Don’t Fall Victim to Popular Real Estate Scams

Real Estate Scams Unfortunately the society we live in is full of traps and real estate scams that have been designed to take advantage of hard working Americans. The American dream of owning your own home has fallen victim to scams too numerous to list. People who may be a little behind on their mortgage payments become easy victims to these intelligent and devious scam artists. If you are thinking about selling your house for cash, here are some things to keep your eyes out for.   Upfront Processing Fees   This is often the easiest way to spot these types of scams and it could start with something as simple as a phone call to your home. These scam artists are smart and crafty. They will promise you the world and make you an offer that you just can’t refuse. It will sound too good to be true.   Once these scam artists know you are...

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value of a home

What Determines the Value of A Home?

Value of a home Determining the actual monetary value of a home is something many people really don’t understand. The value has nothing to do with what you paid for your house. It has nothing to do with any home improvements or remodeling jobs you may have done and it has absolutely nothing to do with the price a friend says your home is worth. If none of these things help to determine house values, then what does?   Local Market Comparisons   The first step in determining the value of your house is assessing the current local market. Your house could very well be worth much more than you paid for it because the local market is alive and thriving. Professional real estate agents will always use local sales to help them determine a base price for a home. They will generally look at the last six months of real estate sales data.   Land Value   Land will...

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Foreclosure

Foreclosure

Foreclosure Foreclosure rates have increased for the first time in roughly four years. About 52,000 homes went up for auction in the U.S. a 1% increase in the last year. This is dramatically high due to the turns in the economy and jobs being lost. People are not able to hold their homes without the income that they previously had. We try our hardest to make the problem for so many go away by purchasing the property and relieving the headache of a possible or imminent problem that are on so many peoples mind.   Daren Blomquist, spokesman for RealtyTrac, which reported the August data, said this does not mean the return of the mortgage meltdown. A lot is looking promising at this point going forward with the real estate market and here in Texas it should turn around some what faster than the rest of the country.   Many of these foreclosures were delayed from...

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