WOW!POOL-SIZE YARD is an understatment!THE largest lot in Magnolia Creek,per seller.Almost HALF AN ACRE on cul-de-sac with NO back neighbors and FULL sprinkler system*This 'Standard Pacific' home offers 4 bdrms,office,3.5 baths,formal dining,gameroom up,master down,3 bedrooms PLUS an addition room that can be used as a 5th bedroom,storage,weight room or whatever you need*Hardwood floors in entrance, foyer,kitchen and breakfast area!Come see this beautiful home today;you will NOT be disappointed!
kheinrich@firstam.com www.fatcohouston.com
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custom homes, for sale, houston texas real estate, waterfront homes, luxury estates, listings in clear lake, galveston, bay area, league city real estate
BEAUTIFUL SEMI CUSTOM COVENTRY HOME ON CORNER,CUL-DE-SAC LOT HAS 2 HUGE MASTER BDRMS W/SITTING AREAS,LARGE MASTER BATHS,WALK-IN CLOSETS,WHIRLPOOL TUBS,DUAL SINKS & SEPARATE SHOWERS*MASTER BDRM DOWN HAS LARGE 'FLEX' ROOM THAT IS PERFECT FOR A NURSERY,OFFICE,ETC*HOME OFFERS FML LIVING,FML DINING,BKFST,2-STORY FAMILY RM,2 MSTR BDRMS,2 ADDITIONAL BDRMS W/FULL BATHS,FLEX ROOM W/ CLOSET,GAMEROOM W/CLOSET & COMPUTER ROOM*BUTLERS PANTRY,AVANZA COUNTERS,XTR-LARGE ISLAND,FRIG STAYS*ALL TILE IN FAMILY ROOM
kheinrich@firstam.com www.fatcohouston.com
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One of the first questions many prospective clients ask is to see a good faith estimate, the problem is most don’t know how to read it and determine what’s the best for them.
You need to realize that a good faith estimate is an ESTIMATE. It isn’t written in stone and is definitely not a promise. Most importantly, a good faith estimate or GFE is NOT A COMMITMENT TO LEND MONEY. In other words, just because loan officer X gives you a good faith estimate with a low rate, it doesn’t mean that they or the bank will deliver that rate.
Another aspect to be cautious of is to look what loan program is being offered.I’ve seen clients who want a 30-year fixed compare my GFE to a lender that offered them a 5-year adjustable rate mortgage.Make sure you’re comparing apples to apples!
So how do you actually read a GFE?
GFE’s are broken up to into three major parts.
Section 800, Lender Fees: Any fees charged by the lender will appear in this section. The important thing to remember is that the name of the individual fees is not important, but the sum total of those fees are. When comparing GFE’s from multiple lenders, it’s important to note that the fees in this section are the only fees that can be compared. The lender does not control the other sections listed below.
Section 900 & 1000, Prepaid Items: This section contains items that the bank requires you to pay in advance. The costs in this section normally consist of prepaid interest and tax/insurance escrows.Some loan programs require a tax & insurance escrow account, others don’t. The amount of money collected for tax & insurance depends on the month your loan closes.Prepaid interest is the interest that accrues from the day you close until the end of the month. Remember these are not controlled by the lender and are not fees!
Section 1100, Title Fees: the seller usually chooses the title and escrow company. The lender does not control these fees and will be the same no matter what lender you choose.
Section 1200, Government and Transfer Charges: This is where any taxes or government fees will be listed. Again, the lender does not control these.
What it comes down to: the lender only controls the fees in section 800, that’s it!Many times, inexperienced or otherwise dishonest loan officers will conveniently “forget” or severely underestimate the other sections to make their good faith estimate look cheaper. They know most only focus on the bottom line; not realizing that section 800 is all that really matters.
When comparing offers from two different banks, you should only compare lender fees (section 800). All other fees will be same.
Michael G Regan is a Mortgage Banker and FHA Specialist in Sonoma County California. Michael specializes in Marin, Sonoma, Napa, and San Francisco counties. You can reach him at 415-672-2499 or online at www.MichaelGRegan.com
Forget Making "Courtesy Calls" Without An Objective (Sell On Purpose!) Houston Texas Sales Tips
It's all very well making courtesy calls - so long as there is a clear point to them. Repeat calls on existing customers or on target customers are a waste of time if all you're going to say is "Hello, how are you, nice weather today, is everything going OK? That's good, I'll see you next month then."
You may think that you are building your rapport and relationship with the customer, but in fact courtesy calls are often detested by the recipient, because you are wasting their time. Remember, they are busy people too, and while they undoubtedly like you quite a bit, they don't want to stand around making idle chitchat.
So make sure you kick off with an objective to the call over and above rapport building. Think of something positive to discuss. A new product, a change with our organization, a new service offering or industry news are some suitable examples. Or, simply try asking some specific questions about your customer's business, needs or customers. Everyone likes to talk about themselves, and your customers will be no exception.
kheinrich@firstam.com www.fatcohouston.com
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When organizing your childrens closets before selling your home or for everyday use, it's a great idea to put matching pants, shirts, socks, and even their underwear (for children) on one hanger. Getting dressed then becomes a matter of grabbing a matched clothing "outfit" from the closet and then putting it on. No more kids in "mis-matched outfits", no more plaid shirts with striped pants and black socks.
Parents will need to put the "outfits" together for them.
To organize children's dresser drawers, put entire "matched outfit" in a large zipper plastic bag and put in drawer. It makes children feel more confident picking out their own clothing.
No more battles on what to wear, everything will be ready to go. It's also a huge time saver and a great way to get rid of clothes they may not be wearing anymore.
Areas Served: Houston, River Oaks, Tanglewood, Bellaire, Piney Point, Mid-Town, The Heights, Montrose, Texas Medical Center, The East End, West Loop/Galleria/Memorial, Downtown, Museum District, West University, Spring Branch, Royal Oaks-Lakeside, League City, Clear Lake City, Friendswood, Kemah, Seabrook, Pearland, Sugar Land, Spring, Cypress, Tomball, The Woodlands, Kingwood. And all areas down to Galveston Island.
BEAUTIFUL CLEAN CLEAR LAKE HOME OFFERS PERGO FLOORS, RECENT CARPET, DOUBLE OVEN, CERAMIC TILE IN ENTRY/KITCHEN & BATHS, HIGH CEILINGS & MUCH MORE. EXTERIOR ROOF AND SIDING 2006, LARGE PATIO, CLEANED FENCED BACKYARD, REFRIGERATOR STAYS. PRICED TO SELL. GREAT SCHOOLS & LOW TAXES!
kheinrich@firstam.com www.fatcohouston.com
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Gorgeous custom home is great for entertaining or relaxing on the large deck enjoying the great Bay Breezes. Den includes refurbished wood floors, a gas fireplace, built ins, wet bar, custom blinds/trim, vaulted ceiling with new fans. Updated kitchen features Travertine flooring, new appliances, granite counters, wood cabinets, lg pantry and exits to the wrap around deck.Spacious master has a fireplace.3rd story rooms have their private balconies.Oversized garage, full sprinkler system and more.
kheinrich@firstam.com www.fatcohouston.com
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GORGEOUS MOVE IN READY HOME IN THIS HIGHLY DESIRABLE S SHORE NEIGHBORHOOD*COMES WITH A NEW ROOF, 5 TON A/C, FRESH PAINT INSIDE, EXTENSIVE CROWN MOLDING & CHAIR RAILS IN FORMALS, RECENT 18'' CERAMIC TILE IN FAMILY ROOM, KITCHEN & BREAKFAST*LARGE MASTER SUITE W/ GAS FIREPLACE, DUAL SINKS, SEPARATE SHOWER GARDEN TUB & WALK-IN CLOSET*LARGE KITCHEN HAS AMPLE CABINETS, EXTENDED ISLAND & A BIG PANTRY*A 2ND GAS FIREPLACE IS LOCATED IN THE SPACIOUS FAMILY ROOM THAT LEADS YOU TO A GENEROUS BACKYARD.
kheinrich@firstam.com www.fatcohouston.com
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Four parts to professionalism:Houston Texas Sales Tips
1. Your own attitude: If you feel like an amateur, you will come across like one. Act like a professional and others will see you in the same light.
2. See people: If you don't bother to make that last call, someone else will, and they will deserve to take your business away.
3. Integrity: If you stretch the truth, omit key information or avoid present difficulties, you may get the transaction today, but you will lose the customer tomorrow.
4. Respect fellow employees: If you are in a team that is strong, you will become strong yourself. Have respect for competitors too, even if they do pinch your business - find out why!
kheinrich@firstam.com www.fatcohouston.com
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Real Estate News with a Value added punch Clear Lake Texas Real Estate
I think this is a good rule to live by!
'If we ever forget that we're One Nation Under God, then we will be a nation gone under' Also by.. Ronald Reagan
Disclaimer: ActiveRain Corp. does not necessarily endorse the real estate agents, loan officers and brokers listed on this site. These real estate profiles, blogs and blog entries are provided here as a courtesy to our visitors to help them make an informed decision when buying or selling a house. ActiveRain Corp. takes no responsibility for the content in these profiles, that are written by the members of this community.
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