Monthly Archives: February 2012

5 Mistakes to Avoid When Trading Up In a Larger House

There are certainly things to consider when you are trading up to a larger house from a smaller one. You have to consider refinancing; selling your current house and where you are going to live interim if your house sells before you get the new one.

Three Approaches

1-Remove the roses from your eyes

There is nothing wrong with wanting to move into a larger house just make sure that your bank account can handle the new

408 Riverpath Colleyville, TX 76034

payments. During the house hunting process, contact a real estate agent to help you cut down on running all over town to find a suitable house. In other words, they do the leg-work for you. This wat, your eyes are not clouded by the roses in your eyes when you see all of these big beautiful houses. The agent will steer you in the direction of houses within your budget.

2-Try to sell first before you buy

If at all possible, sell the house you are in before you buy a new one. This helps you not feel pressured into accepting an offer that you are not pleased with. Now you have the upper hand. If you get a good offer on your current house, than you can put in contingency  clause allowing you a reasonable time to find another house.

3- Don’t fail to get pre-approve

This is such an easy process. It doesn’t cost anything. You are not obligated to anything. You are not obligated to anything. It puts you in the driving seat because you know how much house you can afford and you have a lender backing you with the money. This looks very good to a seller. Some real estate agents offer what is known as a Guarranteed Sale “Trade-Up” Program. This actually takes the problem away from you. It guarantees the sale of your house before you move into your next one. The beauty of this plan is if you find a house you can’t seem to live without but have not sold your current house, they will buy your house from you. A good real estate agent will help you avoid all of the potential nightmares involved in selling a house.

4- Have your home inspected before putting it on the market

5- Getting stuck with two houses

To make sure you do not run into any mistakes during the selling or buying process call Jim Striegel at 972.899.0634

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Benefits of the Zero Cash Down Plan

This is continued from our last blog discussing “Purchasing a House with Zero Dollars Down.”

1. No Deposit

If you are renting, why pay your landlord’s loan? Why not enjoy the advantage of building your own equity? Are you renting because you are held back from possessing your own house because you think you need a significant deposit?

Most people think you have to have a large down payment in order to buy a house. This is simply not the case. Because of this observation, many who would like to buy a house feel they have to save for years before they have enough money for a deposit so that they can enter the housing marketplace. Actually, they are putting money into someone else’s pockets, while waiting a lengthy time before they can start building their own investment. With the Zero Dollars Down Plan you will not need a deposit to buy a house.

2. Purchase a House Immediately

If getting a deposit is keeping you from buying your own house, this new plan offers you an instant way to get into a house. With the Zero Dollars Down Plan you will not need to wait to buy a house.

3. Official Bank Plan

It is imperative to know that the Zero Dollars Down Plan is an official bank plan.

Analysis this plan with your lender or real estate agent who has specific facts about financing and can help you with the Zero Dollars Down Plan.

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Purchasing A House With Zero Dollars Down

If you are seeking to buy a house but find that you either do not have enough for a deposit or that you do not want to sell some stock to obtain financial assets to use as a deposit, this report tells you how you can buy a house with no cash down.

This particular report has been prepared to outline what you need to know in order to benefit from a revolutionary plan which permits you to get into the housing market right away, with zero deposit.

Now you can grasp the dream of buying your own house with zero deposit.

The Zero Dollars Down Plan offers you a way to buy a house with no deposit. You read it correctly and right ZERO DOLLARS DOWN!

You may have bought a house before or you maybe currently renting, or are a first time home purchaser and need a way to break into the housing market but you are being held back because you thought it requires a sizable deposit. Or you maybe in the position where you do not want to sell some stock as a financial asset to use as a deposit on a house.

610 Reno Street Lewisville, TX  75077

610 Reno Street Lewisville, TX 75077

In spite of your current circumstances, you want a way to get into or re-enter the housing market without having to make a cash deposit. The Zero Dollars Down Plan may be just the answer you are searching for. The requirements for this plan are as follows:


  1. Exceptional credit history.
    • No current history of bad debts
    • Steady and timely payment of all responsibilities
  2. Controlled liabilities. 
    • You will be obligated to reveal all recent responsibilities you have in order to establish how much more debt you can handle.
  3. A minimum of three years of employment permanence. 
    • You have to show evidence of employment for the last three years. Two methods that you might use are a letter of employment or financial statements for the last three years if you are self-employed
  4. The Financial capacity to handle bigger payments.
    • Without a deposit, it will be necessary to meet the responsibility of larger payments each month. Your payments could range from a few hundred dollars to several hundred dollars more
2505 Solano Drive Flower Mound, TX  75022

2505 Solano Drive Flower Mound, TX 75022

 The Types of Houses You Can Purchase

They include

  • disconnected or semi-detached
  • townhouses
  • condominium

It is essential to note that NOT ALL houses meet the criteria for the Zero Cash Down Plan.

To guarantee that you get a precise picture of what houses may or may not be included in the plan in your specific area, it is prudent to review the terms of the plan with your real estate agent.

There is more information to come about today’s blog topic. Check our Facebook and Twitter page to see when.

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