Monthly Archives: March 2012

Chateau Du Lac

We want to introduce you to the beautiful 162 acre community Chateau Du Lac.

The properties here are exquisite. Here is a little piece about the community:

“The heart of every family is time spent together. Whether it’s a walk through the impeccable common areas, the toll of the clock tower, or an evening stroll down through the private lake access trail for some quiet fishing time or a game of fetch, Chateau Du Lac has something for every family member to enjoy. However you choose to spend family time, Chateau Du Lac has something to offer.” – ChateauDuLac.com

This community features excellent security and privacy, education (blue ribbon public schools), convenience, the beautiful common areas and the stewardship of the land.

The Striegel Team has properties that are for sale in this community. If you want to know more reach out to one of our team members at 972-899-0634.

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Buyer Traps To Avoid

Buying a house is a major purchase. Be careful so that you don’t become trapped by expensive mistakes. You want to avoid:

  • Paying more than necessary for the house you want
  • Letting that dream house slip away to someone else
  • Purchase a house that does not suit your needs

With the right information in your hand, you can avoid the common traps that occur when buying a house.

Don’t bid without all the information. Know what price you should offer. Know if the seller is asking too much. Do your research so that you will know the market you are shopping in. If you don’t know the market you are shopping in If you don’t know the market you will be bidding without the necessary information.

Don’t buy the wrong house. Make sure you know what you want in a house. You want to make sure you don’t end up in a house that does not meet your needs. Write down what you want in a house. As you are looking for a house, use your written criteria to see if the house you are viewing measures up.

Make sure the title is clear. Do a complete title search on the house you are interested in purchasing.

Make sure you get an updated survey and inspection on the house. The survey is necessary to know where the property lines are, if any additions have been made to the house or whether the neighbor’s fence is on your property. Enlist an inspector to view the house thoroughly. Make sure the seller makes all repairs that have been agreed upon in the contract.

Get pre-approved for a mortgage. This gives you more freedom when shopping for a house. This gives you the freedom of mind to know that the money is already there when you find the house you desire.

Avoid hidden cost. Make sure you know all of the cost, big and small so that there won’t be surprises at the time of closing.

Closing the deal. Make sure you get a copy of all the paperwork in advance so that you can review it before the closing date. You want to avoid any glitches on the day of closing.

Check about the things that need to be fixed-up. Check on the things in the house that need to be repaired because the owner might forget to mention them. Inspect the house very carefully. If necessary hire a professional inspector.

Read the contract. If the seller does not comply with all of the terms of the contract, this could delay the closing. Make sure there is money in escrow to cover any costs that the seller fails to repair. Do a final walk through with the seller.

The Striegel Team will be behind you every step of the way so that you are well aware of these buyer traps. Contact the Jim Striegel Team today, so you do not fall into one of these traps.

 

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Prevent Being Stuck With Two Houses

THE QUANDRY

Don’t allow yourself to get caught between “a ditch and side street.” A lot of homeowners find themselves in that spor when they decide to move from one house to another.

If you buy a house before selling the one you are already in, you could run the risk of owning two houses. Also, if you sell your house first, you could end up without a place to stay. That’s what is known as the Real Estate Catch 22. For many homeowners, it’s where they find themselves.

Avoiding the Problem

In order to avoid this financial and emotional quandary, you need to look for estate agents that offer programs that can alleviate the stress and wory linked with selling and buying another house.

THE ANSWER

One of the biggest problems is deciding whether to buy or sell your house first. Either way is “trying” because you could end up possessing two houses or being “homeless.”

Some agents offer guarantees that your house will sell. They actually take away the fretting and pressure associated with selling and buying another house.

The Works

A. Your agent sets up a market analysis which includes a listing of all similar house sales and listings in your neighborhood.

B. Once you have this information, you and your real estate agent can establish value for your house.

C. This gives you a definite list price which you will get in writing before your house is put on the market.

D. You are protected. Now you know that your house will sell for a definite price. Should you get an offer from from an outside buyer for more money, YEAH! then you get the higher offer.

E. You can now look for your your next house without hesitation. You can even place a solid offer on a house when you find one. You know the bare minimum that your house will sell for an when you can expect to receive the money once the house has been sold.

F. With this service, you don’t have to worry about whether to buy or sell first. You won’even be stuck with two houses or the worse case scenario no house at all.

If you are looking for the team to get the job done so you don’t have to worry about getting stuck with two houses then call the Jim Striegel Team.

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