John Watts's (zwatts1) Blog

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Real Estate Agent - Keller Williams Realty

ARCHIVED BLOG POSTS

2008 

Realtors should require their buyers to always have a home inspection.  This not only protects the buyer from faults or deficiencies that exist, as well as, protects the realtor from professional liability that may exist if the realtor did not require a home inspection of their client.  If the bu...
08/31/2008
Q: How will the law help struggling homeowners keep their homes? Through the Federal Housing Administration (FHA), an estimated 400,000 borrowers in danger of losing their homes will be able to refinance into more affordable government-insured mortgages. The program offers government insurance to...
08/29/2008
Many home buyers feel it is not necessary to inspect new home construction.  Their reasoning, the home will have a new home warranty and some buyer's think with builder, and city/county home inspections  there will be no construction mistakes.  This assumption is not always true.  Any home buyer ...
08/25/2008
Before buyers start seriously touring homes, they need to take some time to better understand various types of mortgage loans offered in the market place.  There are many types and variations of loans offered.  Most of the loan programs are good if used in the right situation, the problem becomes...
08/21/2008
A recent article in the Austin Business Journal states according to Mark Dotzour, chief economist at Texas A&M University's Real Estate Center, the Austin economy will recover faster than the rest of the United States.  This includes job growth and health of the housing market.  Within the next y...
08/19/2008
When a buyers purchase a home they will incur a mortgage payment.  This mortgage payment consist of the following items: principal, interest, taxes and insurance.  This is refer to as PITI in the real estate industry.  The principal and interest will always be part of a homeowner's mortgage payme...
08/15/2008
In today's market many home buyers are waiting for home prices to go down further before they make a purchase.  Some of these buyers, especially first-time and move-up buyers,  will discover later that waiting was not a wise decision.  Investment experts, from many different fields, tells us that...
08/11/2008
Many real estate agents and buyers have been guilty of having negative thoughts when a piece of property has been on the market for high number of days.  Coming from a prior career working in a statistical environment, I have been guilty of such thoughts.  After viewing the property, I discovered...
08/08/2008
Some buyers when purchasing real estate hear the term points, but do not fully understand what this term means in relationship to their transaction.  Most buyers when purchasing property need to aquire a loan from a financial institution.  Financial institutions compensation is the fee charge for...
08/07/2008
According to the Austin Business Journal, construction will begin this fall on Greenway Lofts which is a multi-family project at the old Mueller Airport.  This will be a master planned community that will consist of a 4 story building that will feature 34 loft-style, one and two bedroom homes.  T...
08/04/2008
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