Archive for the 'Buying a Home' Category
Short Sales in Northwest Arkansas: What You Should Know
December 11th, 2009 categories: Buying a Home
A Short Sale is simply when a seller has a mortgage balance that is higher than the home is worth. If the bank agrees to sell the property, then they short sell it and take a loss to stop a bad situation from getting worse. While Northwest Arkansas is definitely not in the shape that most major cities are in, we do have a lot of property owners that are under water. If you are one of those people, don’t wait for a bad situation to get worse. Get it figured out now. Here’s a good little video explaining short sales. Please ignore the barking dog at the end of the video 
. Read the rest of this entry »
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18 Things That Will Help You Pick a High Appreciating Neighborhood
November 11th, 2009 categories: Buying a Home
Today’s market is different than years past… to say the least. There are still basic principles of buying that you should follow to make smart choices when buying a home as an investment vehicle for your future. Here are 18 Things to Look for to Pick a High Appreciating Neighborhood… Read the rest of this entry »
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You Are Not a Lead…
November 6th, 2009 categories: Buying a Home, Resources for Professionals, Selling your Home
I think this video sums up my thoughts fairly nicely. If you’d like to read some great material you can visit 1000wattconsulting.com for lots of commentary on real estate, brokerage, and more. Remember, you are not a lead…
If you want to work with someone who doesn’t look at you as just a ‘lead,’ contact me.
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8 Items Homeowners Need to get a Loan Approval in No Time Flat
November 5th, 2009 categories: Buying a Home
Getting a loan these days is a bit harder than it has been in years past. Lenders are now subject to much more regulation so they are quite a bit more careful in the way they do business. Here are 8 Items Homeowners Need to get a Loan Approval in No Time Flat… Read the rest of this entry »
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Tricks for Buying a Home at the Bottom from the Today Show
October 28th, 2009 categories: Buying a Home, Selling your Home
I think it’s safe to say that buyers seem to be looking for a ‘deal’ these days. Whatever that means. Here are a few ways to make sure you purchase a ‘deal’ from Barbara Corcoran with my own bit of frivolous commentary thrown in… Read the rest of this entry »
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Mortgage Rates in Northwest Arkansas for the Third Week of October 2009
October 23rd, 2009 categories: Buying a Home
Below is a sampling of mortgage rates from several local lenders in Northwest Arkansas. I’ll be posting these rates (sometimes with different lenders) every Friday so keep coming back if you are shopping for rates or are interested in rate trends. Of course, rates and APR are based on borrowers with high credit scores and 20% down payment. If you would like a full list of all lenders in Northwest Arkansas you should email info@mortgagedatareport.com and request that NWA be added to their daily list. Read the rest of this entry »
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What is Title Insurance? Don’t Worry, Most Professionals Don’t Even Know.
October 19th, 2009 categories: Buying a Home
On average 40% of home buyers every year are first-timers. That’s hundreds of thousands of buyers that have no clue what title insurance is, why they need it, or why they should even care. Let’s get a definitive answer as to what is title insurance shall we? Then, all you first-timers (and most of the rest of us home owners) can rest easy knowing what the heck this is and why you need it. Read the rest of this entry »
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7 Things You Never Want to Hear From Your Closing Agent
August 21st, 2009 categories: Buying a Home, Selling your Home
There are times in our lives that are just bound to be stressful. The first day of school, your wedding day, the birth of your children… etc. One of those days is the day you close on your new home. Here’s 7 Things You Never Want to Hear from Your Closing Agent when you are signing your life away (kidding… I’m kidding, sort of.) Read the rest of this entry »
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4 Great Home Inspectors in Northwest Arkansas
August 20th, 2009 categories: Buying a Home
Home Inspection is an important part of the Escrow Process when purchasing a home. Most Realtors will give you a list of a few different inspectors with their favorites on the top. Here’s EXIT Pro Realty’s version of ‘the home inspector list” for Northwest Arkansas that you would get from one of our agents. Read below and see why each of these competent and trustworthy inspectors is recommended… then you can make an informed decision when you purchase your next home.
Home Inspectors Worth Their Salt
Don Seba – Home Inspection Professionals
Since I’m the one writing this article, I can put my recommendation on top. Don Seba does some great work. He’s thorough and honest. He puts together a great inspection report with pictures of all the issues and suggestions for fixing them. He even fixes minor problems as a courtesy and has a section that shows you where important features of your home are located… like the water shutoff, the electrical box, pilot lights, etc. He’s a great inspector and I would highly recommend him to anyone looking to get a good home inspection. Don’s number is (479) 855-5777.
Roger Buckley – Ozark Plateau Property Inspections
Karen Brooks, one of our administrators recommends Roger as a great inspector. She has used him many, many times and he does a great job. I have used Roger on several inspections as well and always find him knowledgeable, friendly, and courteous. Reach Roger by calling him at (479) 633-0046 or emailing him at oppinspect1@sbcglobal.net.
Tom Bartlett – A-Z Inspections
Debbie Ransweiler, one of the newest members of EXIT Pro says:
I recommend Tom Bartlett with A-Z Inspections. He is very thorough, trustworthy and efficient. He e-mails the report, or hand delivers it, usually the same day, that is so complete, even explaining future recommendations and concerns. I’ve never had an unhappy client.
You can reach Tom at (479)466-1959.
David Linn – Covenant Property Evaluations
Mel Reed, our Principal Broker and Trainer, has this to say about David:
David has performed every home inspection with extreme professionalism. He performs an in-depth inspection and is very reasonable in his fees. David uses the latest technology in the Palm-Tech Inspector which will generate a very helpful report.
You can reach David by calling (479)957-3056.
If you need advice on any professional real estate services… appraisers, painters, carpenters, property managers, lawyers, title companies, insurance agencies, etc. Please, don’t hesitate to contact me.
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Short Sales in Northwest Arkansas… What Buyers Need to Know
August 4th, 2009 categories: Buying a Home
While our area has been fortunate enough not to see the extreme level of foreclosures, short sales, and distressed properties as some other areas of the country, we still have our fair share. It seems everyone is out for a bargain and that’s never more true than when you take on a short sale. Here’s the skinny on what you need to know about short-sale purchases in Northwest Arkansas… Read the rest of this entry »
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