Posted tagged ‘Dfw’

Buying Your Home – Finding the Right Home

January 4, 2014

Buying your homeWhat are the pros and cons of adding on or buying new? Before  making a choice between adding on to an existing home or buying a larger one,  consider these questions:

  • How much money is available, either from cash  reserves or through a home improvement loan, to remodel your current house?
  • How much additional space is required? Would the foundation support a  second floor or does the lot have room to expand on the ground level?
  • What  do local zoning and building ordinances permit?
  • How much equity already exists in the property?
  • Are there affordable properties for sale that  would satisfy your changing housing needs?

Do we dig deep and buy a dream home or settle for a starter  home? Choosing between a smaller house in an affluent neighborhood, an  older, bigger house in a more working-class community or a brand-new home is not  easy. If you’re in this situation, start by examining your priorities and asking  the following questions:

  • Is the surrounding neighborhood or the home itself  the most important consideration?
  • Is each of the neighborhoods safe?
  • Is quality of the schools an issue?
  • Do any of the areas seem to attract  more families with children or adult residents? And where do you fit in?

As for the return on your investment, home-price appreciation is hard to  predict. In the late 1980s, and again 10 years later, the more expensive move-up  housing appreciated wildly. But during the recession that followed, smaller  homes tended to hold their value better than more expensive ones.

How  do you choose between buying and renting? Home ownership offers tax  benefits as well as the freedom to make decisions about your home. An advantage  of renting is not worrying about maintenance and other financial obligations  associated with owning property. There also are a number of economic  considerations. Unlike renters, home owners who secure a fixed-rate loan can  lock in their monthly housing costs and make prudent investment plans knowing  these expenses will not increase substantially. Home ownership is a highly  leveraged investment that can yield substantial profit on a nominal front-end  investment. However, such returns depend on home-price appreciation.

Starting to work with your Agent

October 10, 2009

The first thing that your real estate agent will do for you is to have a relaxed, but thorough, conversation about what kind of home you are looking for. He or she will listen carefully at what you want in your new house and clarify the main details so that he/she will have a very clear picture of it. Another main consideration to be discussed is of course, your price range.
Having the right information about what you are looking for will help the agent in focusing their search, and will avoid wasting the time of both parties. Once the agent is clear on everything, including how much you are willing to spend, the search for the most fitting home will speed up.

Save Money on Homeowners Insurance

January 12, 2009

With the tough times many of us are facing today due to the economic downturn, we’re all re-evaluating the fixed costs in our lives and businesses and seeing where we can cut corners.

For those of us living in Texas, we now have a valuable resource to determine if we are paying a competive rate on our home and auto insurance. Consumers can now shop for better rates at a new state web site: www.helpinsure.com

The site, run by the Texas State Department of Insurance, offers a breakdown of premiums for areas around the state. Comparisons show that the cost of homeowner’s policies can differ by hundreds of dollars a year for similar houses within the same zipcode!

An example based upon rate from the 27 largest home insurance companies in Texas reveals, that a typical $150k brick home in Dallas County, where the owner had an average credit rating and no insurance claims for the previous 5 years…shows a range from $704 to more than $2200 a year. Now that’s a significant spread and worth looking into!

Consumer watchdog groups have contended for years that we in Texas pay rates that are far too high (one of the highest in the nation), so this service may be invaluable, especially in these penny pinching times.

Bottom line…rates can vary dramatically and it pays for people to shop around for home insurance, just like we now do with car insurance!

-Sandy Luedke
Broker
Ideal Real Estate Group

A New Opportunity For Realtors in ’09?

January 12, 2009

After about 30 years of being a successful Real Estate Agent in DFW, in late 2008 I finally made the decision to get my broker’s license and create my own Real Estate company. Thus, Ideal Real Estate Group, was born!

How many realtors have you known over the years that get frustrated by: Giving away a significant portion of their commissions to their brokers; unreasonably high monthly office rent and overhead; and not getting a significant level or training and/or on going support from their broker.

Having personally experienced all of these things at one time or another during my career, I made the call that I was going to put together a different kind of opportunity for Realtors to take advantage of that would address these issues. That’s where the name Ideal came from…for I wanted to create the ideal environment for Realtors to become successful!

At Ideal Real State Group, we provide an effective solution to basically two types of real estate agents. For the experienced agent, we offer the opporunity to greatly reduce their monthly overhead, with a pricing structure that is one of the best deals in all of DFW, while still providing them with access to a professional, state of the art and brand new office infrastructure. For the new or struggling agent, we offer something that’s hard to find in this profession…an environment that provides them with ongoing training, weekly support and mentoring sessions, while still keeping their overhead at the lowest possible level…to better faciliate them being able to build a successful business quickly.

Here’s an overview of Ideal’s Realtor fee structure.

BASIC PROGRAM FOR EXPERIENCED REALTORS:
-$200.00 a month office fee
-$200.00 per transaction
-E & O fees will be deducted out of the first closing.
-Unlimited use of an office and conference room in our state of the art facility, located in Flower Mound…as well as any necessary office equipment, (fax, computer, copy machine etc…).

BASIC PROGRAM for NEWER AGENTS:
-$200.00 a month office fee.
-20% of each commission earned
-Unlimited use of an office and conference room in our state of the art facility, located in Flower Mound…as well as any necessary office equipment, (fax, computer, copy machine etc…).
-Weekly support meetings to discuss and develop: Managing your business; goal setting/achievement; how advertise at little or no cost; how to find listings and buyers.

INTENSIVE MENTORING PROGRAM for NEWER AGENTS:*
-$200.00 a month office fee.
-50% of each commission earned
-Unlimited use of an office and conference room in our state of the art facility, located in Flower Mound…as well as any necessary office equipment, (fax, computer, copy machine etc…).
-Weekly support meetings to discuss and develop: Managing your business; goal setting/achievement; how advertise at little or no cost; how to find listings and buyers.
-Total mentoring environment, where I will personally work with you hand in hand on all aspects of the profession, including: Writing the paper correctly; Going along with you on your listing appointments, new buyer appointments and showings.

*This package is designed stictly for either, new agents or agents who once licensed, have never gotten proper intruction on not only to the technical aspects of this business, but more importantly, how to deal with the different kind of people you’ll encounter in this profession.

Agents can start at any level that they feel they need and can switch to another to lower their overhead as their business begins to develop.

Compare these programs to what you’re paying now and I think you’ll find this is one of the most competitive in all of DFW!

If you’d like more information, or would like to discuss your particular situation, please contact me directly by phone at, 469-635-3234, or by email at: sandy@idealrealestategroup.com

I’m here to help you succeed!

Sandy Luedke
Broker
Ideal Real Estate Group

There is Money to Lend!

November 7, 2008

Hey gang!   I wanted to take a minute to let you know, that while all we’re are hearing from the media is doom and gloom in the financial and credit markets, there is business being done and money to lend out there for home buyers.

Take for example people interested in buying a single family home or townhome in certain rural areas around DFW, TX (including: Corinth, Lake Dallas, Little Elm, Sanger, Justin and Ponder).  There is a lender in this area who has a program that allows for 100% financing, which is not credit score based and can even provide you with 6 months of no interest payments!  If this is an area you’re interested in, than by all means contact Kevin Harrigan today (@ Executive Home Mortgage) 972-355-4423 x222.

So the key is, that this is a tremendous buyers market right now in most parts of the country, as home values are down and inventories are up.  It may be a bit more difficult to get a home loan as restrictions have tightened up, but if you have a solid credit score and good payment history, don’t think that it is not possible to get a mortgage right now.  That just is not the case!

The current environment provides an excellent opportunity to pick up that ideal home of your dreams, that just a year ago might have been beyond your financial means, or to start to build a portfolio of rental properties that can fund your retirement or children’s college funds.  Get in contact with me, if you have questions on how that can be done with the least money out of pocket.

Sandy Luedke-

www.idealrealestategroup.com


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