We spent some time with Karly Tindell of Fairway Mortgage in Temple, Texas to discover more about how homebuyers can win in a seller’s market, which includes getting a pre-approval letter from a qualified loan officer, like Karly. Enjoy! Read more
Sojourn Community Blog
All things Central Texas Real Estate and beyond!
Remember studying the 1850s-era Gold Rush in your 7th grade American history class? Everybody went wild, ditching their day jobs, heading west and wading into mountain streams with a pan and a dream.
That’s what this real estate market feels like. The new Gold Nugget is housing and there’s a crazy rush to snap up homes no matter what the cost—many times leaving logic at the curb.
Compared to last year, the average home price in the Central Texas real estate market has risen 25% and the number of listings has decreased by a whopping 75%, according to the 2021 Texas Real Estate Research Center and Texas Association of REALTORS®.
For potential buyers AND sellers, this seems like a market that’s gotten completely out of control. Read more
Thanks to the current economic climate, home sales are breaking all kinds of records. Not only are properties selling extremely quickly, they’re also bringing in top dollar prices. That’s a win-win, right? You’ve got a house—why not cash in that equity in this fantastic sellers’ market?
Many homeowners are doing just that—but they’re facing an unusual problem. As soon as their home’s listing hits the market, they’re faced with multiple offers. Yep, you read that right. Multiple offers. Read more
Are you considering selling your home? Like most of us, you probably don’t take on an enormous life change very often—so it’s normal to feel a bit overwhelmed by your choices when deciding to cash in on your home’s value.
Until you’ve experienced all the steps involved in a property purchase, it’s tough to imagine how incredibly complicated it can be. For many buyers and sellers, the process is a lot like learning a foreign language—with really important consequences if you get don’t get the lingo just right.
That’s why having a trustworthy guide during a real estate transaction is so important. If you’re considering putting your house on the market or purchasing a property soon, strongly consider enlisting professional help. Think of a REALTOR® as a superhero—someone who appears by your side grabs your arm and leads you out of danger. While that might sound overly dramatic, the concept is solid—a real estate transaction requires expert leadership to keep you safely moving toward your goal.
You’ve moved past any hesitation about selling your home and now you’re ready to (literally) get going. But how do you maximize your home’s potential so it will sell quickly for the price you deserve?
Consider this easy to-do list for ways to make an enormous impact on how your home shows to a buyer.
Spotting Potential Problems in a Home
A Peek Under the (Real Estate) Hood
You’ve found it—a home that checks all your boxes. Could it be that the end of your house hunt is in sight?
In the rush of excitement as you cross its threshold, proceeding with caution is probably the last thing on your mind. Caveat emptor (“let the buyer beware”) is a phrase that should come to mind at that very moment, though.
Use our Red Flag Checklist to ask important questions about potential problems with any home you tour. A prudent approach to home buying can save headaches (and money) later.
Go Local for the Best Real Estate Advice
Anyone who remembers what the real estate market was like a few years (or decades) ago can appreciate the opportunity that today’s incredibly low mortgage interest rates present for homebuyers or sellers.
If you own a home, consider taking advantage of the current red-hot real estate market to upgrade to a new home or cash out of your current home. And for prospective homebuyers, if you want to get the most bang for your (mortgage interest) buck, now’s your chance.
Snap It Up: Beat the Competition for Your Dream Home
Imagining yourself in a new home?
You’re not alone. Most of us have spent a lot more time in the same four walls than we ever imagined possible. Even our pets could use a change of scenery.
With banks offering historically low mortgage-interest rates and record numbers of interested home buyers flooding the market, house hunting can be stressful. Right now, Central Texans can pound a “for sale” sign in the front yard and receive multiple offers that same day.
Take heart. Savvy homebuyers can follow a few simple steps to leap over competition and snap up a dream property.
If there’s one thing we’ve all learned lately, it’s that safeguarding our health requires rethinking how we perform even the simplest tasks.
Transactions in the world of real estate are no exception. It takes planning and creativity to keep both buyers and sellers safe when they interact.
We’ve put together a list of innovative strategies we use to keep clients and staff healthy as they navigate a property purchase or sale in the world of COVID-19.