Posts tagged: Home Buying

Real Estate The Woodlands Lifestyle

 

Real Estate the Woodlands

Woodlands Texas area has grown tremendously in the last thirty years. Long time ago you could not see the beautiful houses and the incredible architecture designs you are admiring now. In this lengthy period of development, many people started to construct stylish homes in the area and build their own business to improve the place. Due to this, the area recorded a high population count so real estates emerged and investors flocked to build massive apartments and buildings for sale. Several factors which influence high demand of houses are the location, type of houses, available facilities, the neighborhood and total budget.

Location is very important for real estate in the Woodlands because it goes hand in hand with cost.  You may think that it is cheap to live in the suburbs. That is a lie because you will have to spend more on gasoline, buying groceries and transportation thus losing a lot of money. The best place to live is in the Town Centers.  Here you will be near the shopping centers and you will find many stores which you can easily purchase what you like. 

The Woodlands has nine villages which has many facilities. Finding a house will seem difficult so you will require the assistant of an experienced agent. The person must have spent or lived in the area for more than twenty years and must have had a vast experience and knowledge on the homes.

The Village of Carlton Woods is a private, gated community of homes in the woodland Texas. In the communities you can find Town houses and condos at affordable prices compared to single family houses. Single family houses are expensive because they occupy a large chunk of land and have stylish architecture. These houses are very private and heavily guarded with state of the art equipments. Children from Carlton Woods attend schools in two different districts. Conroe and Tomball. The schools are exemplary rated and are filled with the latest equipments for students.

In the Woodlands one community that stands above the rest is the Grogan’s Mill. It is a very old community which was founded in 1974. It is mainly referred as the original village in the woodlands and is home to over 12000 residents. If you want to go shopping, it is strategically placed enhancing easy accessibility to the shopping malls. Those eager to move in the village will find lots of recreational opportunities including golf courses, the panther Trail Course and hiking.

 A house does not exist in a vacuum. There are neighbors who have different personalities and behavior. You should get to know the surroundings and determine whether it’s fit for you or not. If you enjoy nature, find a house where there are various species of trees.

For a community that has so much to offer, the woodlands have a lot of exciting attractions. You will have to visit the place to get the first hand excitement. To get expert advice on Woodland area real estate, consult an experienced realtor.

How To Find Great Homes for Sale

How to Find Great Homes for Sale in the Woodlands, Spring and Magnolia

When you are house-hunting with kids in the ever-changing landscape of the real estate world of homes for sale in the Woodlands, comfort and security should always take precedence over other aspects, such as a big backyard or modern amenities like dishwashers and microwaves. What should be far more important is the neighborhood your children will be growing up in and the services that are nearby, most importantly the school.

All of this can be extremely stressful for most parents, but this article will help to alleviate your stress and give you a good starting point from which to start looking for homes for sale in the Woodlands.

1. Start at the bottom. The most important thing for your child is the school that they attend; your house should always be within the schools area. Keep in mind that your children’s education will have a significant effect on their future, which means that it would be best for you to pick the schools you’re interested in and then aim to find homes for sale in the Woodlands near that area.

2. Tour the grounds. Before you commit to the school you’ve picked, it’s always a good idea to have a look around the campus of the prospective schools. Taking your child along will also give them an idea of which school they would like to go to and often enough, the deciding factor that determines which house you pick is based on which school you pick.

3. The area. It’s always a good idea to get a feel for the area before you move in. Take a weekend to go look around the areas that you’re interested in and get a hands on feel for the area. Pay attention to cleanliness, the state of the buildings, and the types of homes you’ll be near, is everything neat and tidy? All of these factors will help keep your houses value up.

Learning the area where your child could be growing up is of crucial importance, so take a wander through on a school afternoon to see the environment your child will be living in, as well. Are there other kids playing in driveways that could be potential friends for your child? And last but not least, make it a point to come back at night; this will help you to get a truer feel for the neighborhood. Is it full of loud parties, hooligans and drugs? Does there seem to be an inordinate amount of activity going on, with people walking the streets, or loitering on street corners? Or is it a quiet peaceful area where you can raise your child in peace?

Despite your stringent screening process, (which is entirely necessary) there will still be an abundance of homes for sale in the Woodlands within your price range. At this point, it all comes down to personal preference. Review all the information you’ve gathered in order to decide which neighborhood is best to raise a child in. After all, your child’s happiness – and your own – are paramount to create a happy home.

The Woodlands Market Update

Jutta “Utah” Burden’s Market Update

Existing Home Sales Remain Up

Existing-home sales had another strong showing in May with gains reported in the West and South. According to a June report by the National Association of Realtors® (NAR), existing home-sales are on an annual pace to reach 5.66 million units for the year, approximately 19 percent above 2009 levels. Lawrence Yun, NAR chief economist

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Lowest Mortgage Rates Since 1950s

Home buyers are getting another boost this summer with incredibly affordable financing. The average 30-year fixed-rate loan dropped in June to 4.69 percent, according to Freddie Mac. These rates are the lowest on record for the 30-year loan, and comparable with the shorter 20-year home loans offered in the 1950s. These low rates offer today’

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Sellers: Get Your Home Ready For Sale

When preparing your home for sale, a number of simple cosmetic changes often provide the biggest return on investment. Here are three tips to upgrade your house without breaking the bank: Bring in the light . The right light creates the right mood. Adding lights to dark rooms can make your home feel warm and inviting. Bring outdoor light ins

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The Woodlands Water District

The Woodlands Lifestyle

Woodlands Waterway District is a flourishing commercial area featuring restaurants, hotels, business offices a beautiful water attraction as well as scenic areas to relax and unwind. The Waterway Square Fountains are within walking distance of various dining venues and are sure to become a favorite evening destination for residents of Houston, Spring, Conroe, and The Woodlands. The Woodlands Waterway is unique to the Greater Houston/Conroe area and both enhances the surrounding natural beauty of the area as well as increases community appeal while creating a place to meet friends, relax, and create happy memories.From high above in the air and from the surrounding buildings, the water wall and fountain are designed to resemble an ‘eighth note’. The water wall cascades down seven terraced levels and a stone wall to the lower pond. The 80 Choreo Jets in the upper fountain and are arranged in 3 concentric rings.

The Fountains at Waterway Square are close to The Woodlands Tinsletown Theater and are a distinctive addition to The Woodlands and augments the destination appeal for residents and companies who may choose to locate offices in the area. The centric and open-air atmosphere of the Waterway Square District allows for it to become another ‘signature’ gathering spot in the downtown area of The Woodlands.

The Waterway Fountains form the north border of Waterway Square Park. This open-air plaza includes a bench area under a grove of shade trees providing outdoor seating for rest and relaxation, an interactive childrens’ fountain and access to Public Restrooms that are available at 20 Waterway from 11:00 am to 6:00 pm, 7 days a week.

 

Live Music at Waterway Square

The plaza at Waterway Square is a great place to have lunch and during Spring Break 2009, it was also a great place to listen to live music. The festivities during The Woodlands Live at Lunch allowed visitors to experience the world-class fountains, and live music during Spring Break 2009. The Woodlands Convention & Visitors Bureau hosted a preview to the 2009 Live at Lunch series at Waterway Square on Monday, March 16, 2009 and Wednesday, March 18, 2009 Ramon Torres was the featured musician. The Live at Lunch series began April 7, 2009 and ran every Tuesday through April 28, 2009. Additionally, Waterway Square is home to Live at Five which features live music from several different bands with various musical genres each Wednesday during warm-weather months. Check the events calendar for more information.

Waterway Fountains Music

How to Find Great Homes for Sale in the Woodlands

When you are house-hunting with kids in the ever-changing landscape of the real estate world of homes for sale in the Woodlands, comfort and security should always take precedence over other aspects, such as a big backyard or modern amenities like dishwashers and microwaves. What should be far more important is the neighborhood your children will be growing up in and the services that are nearby, most importantly the schools.

All of this can be extremely stressful for most parents, but this article will help to alleviate your stress and give you a good starting point from which to start looking for homes for sale in the Woodlands.

1. Start at the bottom. The most important thing for your child is the school that they attend; your house should always be within the schools area. Keep in mind that your children’s education will have a significant effect on their future, which means that it would be best for you to pick the schools you’re interested in and then aim to find homes for sale in the Woodlands near that area.

2. Tour the grounds. Before you commit to the school you’ve picked, it’s always a good idea to have a look around the campus of the prospective schools. Taking your child along will also give them an idea of which school they would like to go to and often enough, the deciding factor that determines which house you pick is based on which school you pick.

3. The area. It’s always a good idea to get a feel for the area before you move in. Take a weekend to go look around the areas that you’re interested in and get a hands on feel for the area. Pay attention to cleanliness, the state of the buildings, and the types of homes you’ll be near, is everything neat and tidy? All of these factors will help keep your houses value up.

Learning the area where your child could be growing up is of crucial importance, so take a wander through on a school afternoon to see the environment your child will be living in, as well. Are there other kids playing in driveways that could be potential friends for your child? And last but not least, make it a point to come back at night; this will help you to get a truer feel for the neighborhood. Is it full of loud parties, hooligans and drugs? Does there seem to be an inordinate amount of activity going on, with people walking the streets, or loitering on street corners? Or is it a quiet peaceful area where you can raise your child in peace?

Despite your stringent screening process, (which is entirely necessary) there will still be an abundance of homes for sale in the Woodlands within your price range. At this point, it all comes down to personal preference. Review all the information you’ve gathered in order to decide which neighborhood is best to raise a child in. After all, your child’s happiness – and your own – are paramount to create a happy home.

Why the Woodlands Homes are Good Choices

Why the Woodlands Homes are Good Choices

Thursday, July 08, 2010 by Jutta “Utah” Burden

Why the Woodlands Homes are Good Choices  

Renting usually makes people feel like they have spent a lot of money for nothing when it comes to investing in the long run. This is usually because they rent places to stay in without having a place to call their own at the end of it all. Plus, it might be inconvenient to get another house to live in after the owner asks them to leave. This is why the Woodlands homes are so convenient.  

Because renting is no longer a fun thing to do, the Woodlands homes can be very beneficial as you can find an ideal place to live while making an investment at the same time. The greatest thing about buying a home in the Woodlands would be the fact that the entire process in doing so is now exceedingly simple and various properties exist in the Woodlands that you can choose from to fit your personal needs and budget.

 This would mean that whether you have a very tight budget or whether you wish to just save some money, buying the right the Woodlands homes for sale would depend on your personal needs, as well. Budget aside, you will also get to choose the ideal home for your family to live in, regardless of how big your family may be.  

The Woodlands homes happen to be famous for their great quality in design, among other things. So, if you buy a property in the Woodlands, you are sure to feel like you got your money’s worth by investing in one. The entire neighborhood in the Woodlands is also considered as a very safe place for its residents, which means that you have no need to worry about things like security, most of all if you have children that you need to protect with your life.

 Security aside, the Woodlands homes are all located in places that have access to various establishments for personal needs; yes, everything is just a very short ride away. Buying the Woodlands homes for sale also provides a very basic process for every buyer. You simply need to ask your agent for help, so you can find the ideal one for your family. Good luck,

Jutta “Utah” Burden- broker Associate Keller Williams

Existing Home Sales On The Rise

Existing Home Sales On The Rise

Existing-home sales got a boost in April with reported 7.6 percent increase in units sold, according to a report by the National Association of REALTORS (NAR). A number of factors played into the increase, including low interest rates, increased consumer confidence, and the expiring tax credit. Existing-home sales are on pace to reach 5.77 million units sold for 2010, which is 22 percent higher than the 4.70 million unit pace set one year ago.

Existing Home Sales By Region

Lawrence Yun, NAR chief economist, expected the increase. “The upswing in April existing-home sales was expected because of the tax credit inducement, and no doubt there will be some temporary fallback in the months immediately after it expires, but other factors also are supporting the market,” he said. “For people who were on the sidelines, there’s been a return of buyer confidence with stabilizing home prices, an improving economy and mortgage interest rates that remain historically low.”

First time buyers accounted for 49 percent of April’s market activity, while repeat buyers accounted for 36 percent of transactions; the remaining sales were attributed to investors. All-cash sales held steady at 26 percent, compared to 27 percent the month before.

Distressed home sales were down 2 percent in April, accounting for 33 percent of reported sales. NAR President Vicki Cox Golder explains that buyers are still active, despite the expired tax credit. “It looks like the level of home sales that close in May and June will stay elevated, but many buyers remain in the market even without the tax credit,” she said. “Some Realtors tell us they are very busy with clients who are entering the market now as a result of improved conditions, while others are welcoming a slowdown from frantic market conditions in recent months.”

Freddie Mac reported 30-year, conventional, fixed rate mortgages were up slightly at 5.10 percent, compared to 4.97 percent in March.

Looking For The Best Mortgage

Shopping around for a home loan or mortgage will help you to get the best financing deal. A mortgage — whether it’s a home purchase, a refinancing, or a home equity loan — is a product, just like a car, so the price and terms may be negotiable. You’ll want to compare all the costs involved in obtaining a mortgage. Shopping, comparing, and negotiating may save you thousands of dollars.

The US Department of Housing and Urban Development offers a free brochure to help guide you through this process. Download a free copy today, and please contact us for a list of preferred mortgage professionals in our area.

Summer Selling Opportunity

Sellers, you have an excellent opportunity to sell your home this season, if you have the right pricing strategy in place from the start! Studies show that the longer a property stays on the market, the less the seller will net upon the sale. It is very important to price your property at a competitive market value at the signing of your listing contract. The market is so competitive that even over-pricing by a few thousand dollars could mean that your house will not sell.

An Overpriced Home:
· Minimizes offers
· Lowers agents response
· Limits qualified buyers
· Lowers showings
· Lowers prospects
· Limits financing
· Wastes advertising dollars
· Nets less for the seller

When you are ready, contact me today for a personal market value analysis of your home. No hassles

Tax Credit Expires April 30

Looking for a great deal on a home in The Woodlands,Texas ? April may be your best chance! The Extended Home Buyers Tax Credit offers current homeowners and first-time home buyers alike an incredible tax-saving opportunity when they buy a home through April 30, 2010. First time buyers, who haven’t owned a primary residence in the past three years, are eligible for a tax credit of 10 percent of a home’s purchase price, up to a maximum of $8,000. Current homeowners are also eligible for a tax credit of their own. Homeowners who have lived in their primary residence for 5 consecutive years of the past 8 are eligible for a tax credit of 10% of a home’s purchase price, up to maximum of $6,500.

The following conditions apply:

  • The tax credit is only awarded on homes purchased for $800,000, or less.
  • Full tax credit is available to buyers earning up to $125,000 a year, or $225,000 for married couples filing jointly.
  • Partial tax credit is available to buyers earning between $125,000 to $145,000, or for married couples earning between $225,000 to $245,000.
  • Under the rules, as long as a written binding purchase contract is in effect on April 30, 2010, the buyer has until July 1, 2010 to close.

Under the rules, as long as a written binding purchase contract is in effect on April 30, 2010, the buyer has until July 1, 2010 to close. National Association of REALTORS president Vicki Cox Golder said some buyers are just starting to realize the urgency involved. “If home buyers want this tax credit, there is literally no time to waste,” she said.

The tax credit is a dollar-for-dollar reduction in the buyers tax liability, and does not have to be paid back as long as the buyer remains in their home for three years or more. This is a once-in-a-lifetime offer to have Uncle Sam help you buy a house. Don’t let this opportunity pass you by!

The Woodlands Texas Real Estate has been stable compared to other area of the contry. Feel free to call or e-mail me with any questions. You can always reach me on my cell 713-515-7847

 

FHA Helps Home Buyers With Down Payments

free-money

June 9, 2009 – First-time home buyers who would otherwise qualify for the $8,000 tax credit, but don’t have the money for a down payment or closing fees, may now be able to get a loan to help cover those upfront costs.

The U.S. Department of Housing and Urban Development (HUD) announced on May 29 that the Federal Housing Administration (FHA) will allow state housing finance agencies to provide second mortgages “monetizing” the tax credit so that borrowers can use the funds toward their down payments and closing costs for the purchase of homes with FHA-insured mortgage loans.

“This is great news for thousands of families who want to take advantage of today’s low interest rates, competitive prices, great selection and the federal tax credit that is only available until Nov. 30, but could not save enough money for a down payment and closing costs,” said National Association of Home Builders Chairman Joe Robson, a home builder from Tulsa, Okla.

HUD also announced that FHA-approved lenders may purchase the tax credit from the home buyer in advance, so that the home buyer can use the funds for closing costs or to make a down payment in addition to the 3.5 percent minimum. Home buyers who go directly to FHA-approved lenders will still need to come up with the 3.5 percent minimum down payment that is required for an FHA-insured loan.

Home buyers previously would be able to use the funds from the tax credit only after filing their federal tax returns and had to come up with the pre-purchase costs on their own.

NAHB estimates that 40,000 more homes will be purchased due to the new FHA monetization program, in addition to the 160,000 sales already expected as a result of the tax credit.

The National Council of State Housing Agencies has a list of states offering first time home buyer tax credit loan programs on their Web site, www.ncsha.org. For information on the $8,000 first-time home buyer tax credit, go to www.federalhousingtaxcredit.com.

 

Jutta “Utah” Burden

Keller Williams Realty

Email: Utah@UtahBurden.com

How much home can you afford? Use our finance center to learn about your loan options at http://www.utahburden.com/Buyer-Resources/Buyer-Finance/Finance-Information

Eight Insider Tips for Homebuyers

homebuyer tips

1. Be a Pre-Approved Buyer: A pre-approved buyer always has the advantage in an offer situation. Becoming pre-approved is very easy: you complete your loan application with a credit check prior to beginning your home search process. Pre-approval means that you have actually been approved for the purchase by a lender, which gives you the edge in home purchase negotiating.

2. Beat The Competition to The Best New Listings: The search process can be both fun and trying. You will notice that some homes sell very fast and others hang around for long periods of time. The best homes at the best prices sell fast. Keeping on top of this is essential. Connect with a professional Real Estate agent that knows the market and keeps you updated.

3. Do The Research: Make yourself a “home value expert.” Investigate the areas and price ranges for the kind of home you are looking for. Get a good idea of the price ranges these homes sell for and how long the market time is for them. Your agent is a great asset here.

4. Have Your Offer Presented in Person: Your agent represents you and your best interests. To adequately do this, make sure that your home offer is presented by them directly to the seller. The personal touch will give you the edge. Your agent also might pick up critical information during this meeting.

5. Prove That You Are a Serious Buyer: The best way to accomplish this is with strong earnest money. This might mean that you put 5% or more down to get the sellers attention.

6. Don’t Go Crazy: Even in a hot market, be cool and calculated with your decisions. A knowledgeable agent can really help you here. Your home purchase may be your single largest investment. It is important to make sure that you get the best deal possible. Overpaying now will make it harder to get your value back when you sell.

7. Keep Your Offer Simple and Clean: Make sure that your contract to purchase is simple, clean and not bogged down with unnecessary contingencies, especially repairs. Keep the time frames of repairs and responses to a minimum. The cleaner your offer, the more interested the seller will become. This may help you purchase the property at the best price.

8. Don’t Wing It Alone: What you need most in today’s complex marketplace is an experienced and professional real estate agent who represents your interests only. No matter how heated the competition or the negotiations, a professional agent will represent your best interests, keep you from paying too much and help you maximize your investment.

Jutta “Utah” Burden

Keller Williams Realty

Email: Utah@UtahBurden.com

Knowledge you gain today can save you headaches down the road! Find more buying tips at http://www.utahburden.com/Buyer-Resources/Buyer-Tips