sahomelocator.com Blog

Thousand Oaks subdivision San Antonio home sales 2010-2011.

by: Krishna Perkins, Realtor

Greenridge subdivison San Antonio market report 2010-2011. Homes sold,pending and for sale.

By: Krishna Perins, Realtor

Pheasant Ridge subdivision San Antonio home sales 2010-2011.

By: Krishna Perkins, Realtor

How to add curb appeal to a home should be on the top of the list for home owners each year. Why each year? Well not everyone can afford to make a drastic change all at one time so developing a master plan for how you want the home to look is important so you can find deals on materials to make improvements along the way. Of course if you have to sell right away, a drastic face lift may be the only solution to ensuring your house sells the first time you put it on the market. A home without curb appeal is begging for low ball offers if any at all. Let’s face it, It’s a tough market out there right now and standing out from the rest of the home listings is the only way to get the job done. I have found that many of the projects needed for curb appeal can be very rewarding to do on my own. If you’re a do it your self kind of person you can find a lot of great ideas in the video’s from Lowes. I’ve included one below so you can see the potential changes your home might benifit from.

Krishna Perkins, ABR, SFR, New Home Certified

Common home inspection problems come up routinly after a home goes under contract. Many home sellers have simply been living with the problem and may not be aware of the issues that exist. As part of my listing package I always suggest that sellers have their home inspected before they put it on the market. This allows the seller to address issues often at a fraction of the cost it could cost them to keep a buyer from walking from a deal. Below I have included a great video I found by Servic Magic.com that goes into further details about the home inspection process that might be useful to you. Remember plan ahead to save money later.

Krishna Perkins, ABR, SFR, New Home Certified

Why short sales offers fail is a burning question many home buyers, sellers and agent alike have these days. I recently took a short sale this month and I found my self not wanting to discount the home to much to the suprise of my seller. Having sold several over the course of the last two years I found out the hard way how to identify an offer banks are willing to entertain. Home buyers often shop with the misconception that they can submit low ball offers just because the market is down. Home buyers, sellers and agent all need to be on the same page more so than in any other home buying tansaction due to the time invested with a short sale. I found a great series of video by an agent in phoenix that broke down some of the pit falls of short sales and what to watch out for you might enjoy. Thanks Kristen! Short sale video

Best wishes,

Krishna Perkins, ABR, SFR, New Home Certified
Covenant Partners
http://www.sahomelocator.com

Update: GAME OVER. NO MORE FREE CASH. Only active duty millitary and government employees need inquire about $8000 tax credit.

Buyers and sellers beware the next tax credit deadline. If next summer yields the buying and selling frenzy many real estate professionals are hoping for, home buyers and sellers should plan ahead now. Waiting until the last minute to close for first time homebuyers wanting the $8,000 tax credit or move up buyers wanting the $6,500 tax credit is a big mistake. Banks have proven to me that they are having major trouble making closing dates. I have had buyers turn over completed files to lenders in record time only to have the file sit in some office for over two weeks before anyone put a set of eyes on the file.

The major draw back for buyers and sellers alike is what to do if the file is unexpectedly closing late. Buyers have leases they are working with and sellers are also faced with moving out early to turn over the property on time. In many of the situations my clients faced this year temporary lease backs and buyer leases were worked out. However this may not be an option for everyone, due to the risk involved. The best advise I can give for buyers is to shoot for a close 30 days before you have to give up your lease. Sellers should consult with the listing agent to keep tabs on the status of the loan to time up their move.

Krishna Perkins ABR, SFR

Covenant Partners

http://www.sahomelocator.com

San Antonio-Woodstone subdivision housing market summary contains homes sold by banks, HUD and private sellers. This San Antonio subdivision is older and well established. Homes here average on 25-30 years old with a few newer homes in the past 10 years. Buyers looking for larger yards with established trees and a low entry price should look at Woodstone homes. The current average price per sq foot in Woodstone Subdivision is $72. View the most current market summary report below. Use previously published reports to track housing market changes.
March 24, 2010 update
November 2009 update
September 2009 Original

Krishna Perkins ABR, SFR

Covenant Partners

http://www.sahomelocator.com

FHA Policy changes are right around the corner. The largest key change home buyers should be aware of is seller concessions. Beginning sometime this summer home buyers can only get up to 3% in seller concessions instead of 6%. This will dramatically change the cash requirements borrowers are accustomed to at closing. To view the other FHA changes click here.

Krishna Perkins ABR, SFR

Covenant Partners

http://www.sahomelocator.com