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agent vs investor

Investor vs Realtor

So, you’re in the need to sell your home quickly, but not sure what to do? Maybe you are just trying to figure out the whole process of how it all works. There are different types of investors out there to talk to. Some investors will talk to you on the phone and after looking at the property online and knowing what you tell them, they can possibly make an offer over the phone. Other investors will schedule an appointment to go look at the property and evaluate the situation to give an exact offer after talking on the phone. Then there are investors who do a pre-qualification over the phone (like Gulf State Homebuyers) and if that goes well, come look at the home to make an offer. Each type gets a little more serious about what type of home they give offers to, they are looking for more...

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Before and After Harvey

Housing Market Post Harvey

What will happen to home prices post Harvey?   Houston is the 4th largest city in America, accounting for 25% of the housing market in Texas. After devastating Harvey floods, what will happen to this huge city and surrounding areas? It is being said that it will take months for all affected to enter recovery phase and a few years before the impacted communities fully recover. I think the major question pondering minds is “what will happen to the housing market?”   Facts about the Flood   Before Harvey hit, Houston was a rare fast-growing area in the U.S. The homes were strikingly affordable even though the prices had risen in recent years, but stayed the same during the 2014 oil crash. The average median home price for July was $230,000 for selling price and off the market was around $190,000. Now that Harvey floods have put a damper on the city and surrounding areas, will that...

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prevent foreclosure

Sometimes Foreclosure Happens

 Do you need to prevent foreclosure on your home? Life is unpredictable. What is good today could go bad tomorrow. The recent highs and lows of the stock market over the last few days is proof that everything can change in a heartbeat. The unfortunate truth is that tomorrow your spouse could ask for a divorce, you could take a pay cut or worse be laid off.  Many of these situations lead to financial instability and the possibility of a foreclosure on your home.  Just know there are solutions to prevent foreclosure.   Foreclosure is a very stressful situation to go through. There are the phone calls from collectors. All the paperwork. People coming by your home at all hours to talk to you about payment. Plus the bank will even try to talk to your neighbors about the property adding extra embarrassment. Selling your home on the market is almost impossible. First...

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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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