pamela madore: 7 Things to Know If You Want To Flip a House - 05/25/16 01:44 AM
Pamela MadoreKeller Williams Realty806-290-1920 I have taken all the classes and I know all the right terms and I know the formula.  But until you really rehab a house the first time you will find that things don't always follow your script. Here are a few things that I learned from rehabbing houses.         House Flipping: A Big Gamble - ABC News The market--value of houses--is a moving target.  A house that might sell for $100,000 retail today might sell for $90,000 by the time you have the rehab finished.  It might sell for $110,000, too. Since there are no crystal balls, this is a … (1 comments)

pamela madore: Here Is A Method That Is Helping High School and College Graduates Start A Business - 05/23/16 01:50 AM
Pamela MadoreKeller Williams Realty806-290-1920 This isn't a "get rich quick scheme" I want to tell you about.  It is a way, however, to start a business with less than $2000 and the ROI is exponential.  
When I was younger, much younger, I discovered a principal that was true then and continues to be true today.  The only way to really earn the money that you want to make is to build your own business instead of someone else's.
I college of mine says, Ben Todd says:   For a full time student it'd be about 3500 to 4000 … (0 comments)

pamela madore: How To Get A Real Estate License in {5} Easy Steps - 05/20/16 01:05 AM
Pamela MadoreKeller Williams Realty806-290-1920 Lots of people think that getting a real estate license is like brain surgery.  Trust me it is not.  If it was I would have a lot of dead clients. First you have to have a license.  Just like you have to have a driver's license.  You learn how to drive a car.  But you don't learn how to rebuild a motor. Same thing with a real estate license.  You do the classes and study to pass the test and get a license.  Then you have to rebuild a motor.  Fortunately for you, Keller Williams Realty has the training and … (0 comments)

pamela madore: How Bad Can My Credit Be To Still Be Good Enough To Buy A House? - 05/18/16 05:34 AM
Pamela MadoreKeller Williams Realty806-290-1920   How Bad Can My Credit Be To Still Be Good Enough To Buy A House?

     I get so many people say that they can't buy a house because their credit isn't very good.  Define "very good". Credit Karma is not your answer.  Sometimes it is spot on and sometimes it is crazy wrong--about like depending on Zillow and their "Estimates".  A home loan depends on 3 credit scores: Experian, Equifax, and Transunion.  Two of the 3 scores must be above the minimum required scores for the lending institution that you are talking to. All lenders are not created equal.  It … (0 comments)

pamela madore: I Will Stand With You To The Very End {Houses} - 05/13/16 03:57 AM
Pamela MadoreKeller Williams Realty806-290-1920
Ramblings   

The transaction was a mess.  Everything that you could think of and some things that you have never even  heard of went wrong.  Even after closing there were problems as soon as the  next day.  Would this nightmare ever end!
This is not a normal event but sometimes you just can't control everything.  Sometimes everything goes wrong not matter how hard you try.  Who is your advocate?  Who is standing with you?  Was there anyone standing with you at the last day, at the last moment?  Was there someone "passing the buck" … (0 comments)

pamela madore: 5 Steps To Selling Your House and Buying a New One - 05/10/16 01:54 AM
Pamela MadoreKeller Williams Realty

Before putting your house on the market for sale there are a few steps that you should take in order to make the process smooth.     Step 1: Determine which Realtor you are going to be using for the sale and purchase.  (Pick me!) Have your Realtor due a CMA (Comparative Market Analysis) to determine what your house can sell for.  This step is critical to do first because it will help with all of the next steps.       
Step 2:  Get a payoff from your current bank so you will have a nearly … (1 comments)

pamela madore: Sell Your Amarillo House Fast--{2015 over 2016}i - 04/19/16 02:32 AM
Pamela MadoreKeller Williams Realty A recent article written by Russell Anglin of the Amarillo Globe News has gathered statistics from different sources and has put together a pretty good summary of what is happening to houses that are selling and how that can also affect buyers.  Amarillo has 765 sales in the first quarter of 2016 which broke the 10 year record with the exclusion of 2008 when we had the housing boom. The median house sale for 2015 to 2016 is up 6% from $141,750 to $150,000.  Median price is not the average price.  Median house sales is that the same amount of … (0 comments)

pamela madore: How To Buy A Money Pit [Did you see the movie] - 04/08/16 05:57 AM
Pamela MadoreKeller Williams Realty806-290-1920
Did you see the movie?     Funny Scene from the movie "The Money Pit"
The story line goes something like this.  Young lovers Walter (Tom Hanks) and Anna (Shelley Long) get thrown out of their apartment and decide to buy a country estate.  It was at a very good price and the potential was enormous.  
It just sounded too good to be true and of course it was.  
After they bought it, doors started to fall off their hinges, the staircase falls in and a bathtub falls through the floor. Naturally, city slickers that … (0 comments)

pamela madore: On A Scale Of One To Ten How Difficult Is It To Buy A House? - 04/04/16 12:51 AM
Pamela MadoreThe Pamela Madore GroupKeller Williams Realtyhttp://iloveamarillo.com 
On A Scale Of One To Ten How Difficult Is It To Buy A House?     
   Yesterday I was having a conversation with this guy about houses.  And he said to me that it is really hard now to buy a house.  It is hard to get qualified and you need lots of money.  And he believed it.
There are a lot of misconceptions floating around about the difficulty of buying a house.  We hear lots of talk about credit scores.  As a matter of fact that is the #1 talked … (3 comments)

pamela madore: Veterans Have Benefits, Too. Buy a House With Your VA Home Loan Benefits - 02/25/16 07:25 AM
Pamela Madore
Keller Williams Realty
806-290-1920

Veterans Have Benefits, Too.  Buy a House With Your VA Home Loan Benefits


There are many types of loans to buy a house. You will hear  of FHA loans, conventional loans, or private money loans.  These are the loans that people get when they buy a house.
Note: This featured property is no longer available. Kindly visit www.iloveamarillo.com to check for  Homes for Sale in Amarillo TX

But there is one kind  of loan that is special. Not everyone can apply for it.  It is a special type of loan because it is … (0 comments)

pamela madore: How Dodd/Franks Destroyed Owner Financing And My Life - 02/06/16 02:05 AM
Pamela Madore
Keller Williams Realty
Owner Finance Queen
806-290-1920

How Dodd/ Franks  Destroyed Owner Financing And My Life

Who are these dudes?  Their names are Barney Frank and Chris Dodd.  


Barnett "Barney" Frank (born March 31, 1940) is an American politician who served as a member of the U.S. House of Representatives from Massachusetts from 1981 to 2013. A member of the Democratic Party, he served as chairman of the House Financial Services Committee (2007–2011) and was a leading co-sponsor of the 2010 Dodd–Frank Act, a sweeping reform of the U.S. financial industry. Frank, a resident of Newton, Massachusetts, is considered the most prominent gay politician in the … (1 comments)

pamela madore: House Buying Hat Horror Stories 79119 - 01/14/16 11:46 PM
Pamela Madore
Keller Williams Realty
http://iloveamarillo.com
806-290-1920


House Buying Hat Horror Stories 79119

How To Know Which Houses To Show Buyers According To The Hat They Wear

Sometimes it matters and sometimes it doesn't.  The trick is in recognizing the difference.  It is OK to have pre-conceived notions.  They won't matter.  

Rule:  You don't know where they got the hat.  


This lady came in to see me on a Saturday afternoon.  I could tell right off that she was sweet as pie.  When she spoke it was like a heavenly melody.  Her … (2 comments)

pamela madore: Real Estate in The Wild West of Amarillo circa 1880 - 12/28/15 03:46 AM
Pamela Madore
Keller Williams Realty



Real Estate in The Wild West of Amarillo circa 1880

You may be able to read some of the things in the old newspaper print but you can see that Town Lots were sold at a pubic sale in Amarillo.  You could take the train from Ft. Worth north to Amarillo or from Deven City south to Amarillo.  

On the Panhandle Real Estate Exchange, there are a couple of interesting things in that article. First, you will notice that there was a real estate broker involved who weren't on commission.  You will … (4 comments)

pamela madore: A Visit To Medi-Park In Amarillo Texas - 10/25/15 07:51 AM
  Pamela Madore Group
Keller Williams Realty
806-290-1920

A Visit To Medi-Park in Amarillo Texas

It was a bright, sunny October day when I took my dog Dallas for a walk around the park.  The park has many walking trails so we took the longest  one.  What was I thinking?  The longest trail starts at the furthest away parking lot, circles the entire lake of which some the trail in on the sidewalk down the street.  We had many adventures during our walk.  


 
I suppose I could have been working but, you know, sometimes you just need to do something to … (0 comments)

pamela madore: Oops! My Listing Expired. What Do I Do Now? My Marketing Plan. - 10/22/15 05:42 AM
Pamela Madore
The Pamela Madore Group
http://iloveamarillo.com
    




 
Even the best houses may not sell the first time.  Sometimes it just takes a different approach.

Most Realtors practice the 3 P's of real estate.  They PUT a sign in the yard, PLACE it in the MLS, and PRAY that someone will buy it.

An aggressive Realtor like me adds two other P's.  I PROSPECT daily for buyers.  What that mean is that I call people in my address book and ask them who they know what would be interested in your house.  And … (0 comments)

pamela madore: Pamela Madore at Keller Williams Realty Has Just Graduated From BOLD - 10/03/15 06:55 AM
Pamela Madore
Keller Williams Realty
http://iloveamarillo.com

Pamela Madore of the Pamela Madore Group at Keller Williams Realty Has Just Graduated From BOLD

BOLD is a 7 week class that is a part of MAPS Coaching at Keller Williams Realty.  The class is open to the public and is offered once or twice a year.  

Keller Williams Realty has been named the number one training company across all industries by Training Magazine.  KW has training available for new agents from day 1 until they are able to work on their own.  There is also ongoing training daily at … (2 comments)

pamela madore: 14 Great Ideas To Do For That Special Someone On Valentine's Day - 02/11/15 03:40 AM
Pamela Madore
The Pamela Madore Group
http://pinkhouseteam.com
14 Great Ideas To Do For That Special Someone
 "Each year on February 14th, many people exchange cards, candy, gifts or flowers with their special “valentine.” The day of romance we call Valentine’s Day is named for a Christian martyr and dates back to the 5th century, but has origins in the Roman holiday Lupercalia"
Valentine's Day has a history that doesn't always agree with each other.  But the one theme throughout the varied account is "romance".  The word romance can mean different things to different people.  So here is a list of ideas that should suit everyone's … (0 comments)

pamela madore: How To Find The Value Of Your Home, Amarillo TX - 11/04/14 09:46 AM
The Pamela Madore Group
Keller Williams Realty
806-290-1920
http://myamarillohomes.com
How To Find The Value Of Your Home
This is how you see it.


This is how your insurance company sees it.
This is how the inspector sees it. 
But the only one that really matters is how your BUYER sees it. They tell us what the value of your home is. 
When you say it like that, it really doesn't seem fair, does it.   You, of course, can disagree but ultimately the buyer does decide.
When you have owned your home for a long time and have many memories the value of your … (1 comments)

pamela madore: Would Your House For Sale Win The Miss Amarillo Beauty Contest? - 10/04/14 10:07 AM

The Pamela Madore Group
Keller Williams Realty
http://pinkhouseteam.com
806-340-7630
Would Your House For Sale Win The Miss Amarillo Beauty Contest?
When trying to sell your house and get a good price for it, you have to understand that your house is in The Amarillo House Beauty Contest. 
Buyers are looking for a good value but they are willing to pay more if your house is in the top 3 in the Beauty Contest.  To continue the analogy, you need to be high in the swimsuit, gown and talent categories.

Swimsuit:  Less is more. (maybe not always). Since you are planning on moving, … (1 comments)

pamela madore: How Does Your Amarillo House Compare In Price With Other Amarillo Homes? - 09/11/14 10:16 AM
Pamela Madore Group Keller Williams Realty http://thepamelamadoregroup.com 806-340-7630   Complete this simple form and I will show you how you stack up!  No obligation.  This is just information for you.      
Fill it out today!!

… (0 comments)