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Selling your house is no simple task. Even while some homeowners want to sell their properties themselves, or "for sale by owner," they frequently run into a number of difficulties without the assistance of a real estate professional. Here are some things to consider if you're thinking of selling your property on your own. The National Association of Realtors (NAR) most recent Profile of Home Buyers and Sellers study questioned homeowners who had just recently sold their own homes and what challenges they encountered. The biggest hurdles, according to those sellers, included getting their house ready for sale, setting the correct price, and handling the necessary paperwork, to mention a few. Think about the crucial assistance a real estate agent may offer while selling your most prized possession. You may confidently manage the complexity of the selling process by working with an agent. Here are just a handful of the numerous reasons an agent will be crucial to selling your house: 1. Marketing and Exposure (selling your home on your own) A vital component of luring suitable purchasers to your home is effective marketing. MLS listings, expert photography, virtual tours, and vast professional networks are just a few of the marketing resources and platforms available to real estate brokers. They can produce an appealing listing that draws attention to your home's greatest qualities and appeals to a larger audience. Selling on your own may make it difficult for you to match the agents' reach, which will restrict your visibility and, eventually, reduce the number of possible purchasers. 2. Managing Liability and Legal Considerations (selling your home on your own) Today, more disclosures and regulations are mandatory when selling a house. And all that paperwork and all the legal aspects of selling a home can be a lot to manage. Selling a house without professional guidance exposes homeowners to potential liability risks and legal complications. Real estate agents are well-versed in the contracts, disclosures, and regulations necessary during a sale. Their expertise helps minimize the risk of errors or omissions that could lead to legal disputes or delays. 3. Negotiations and Contracts (selling your home on your own) It may be difficult to negotiate the conditions of a property sale, especially when feelings are involved. It can be too much for you to handle these discussions by yourself. Without an agent, you are responsible for fulfilling this obligation. This implies that you will be entirely responsible for communicating and negotiating with: The buyer wants the best deal possible. The buyer’s agent, who will use their expertise to advocate for the buyer. The home inspection company works for the buyer. The home appraiser assesses the property’s value to protect the lender. Lean on a professional rather than battling all of these parties by yourself. Real estate brokers operate as middlemen, bargaining deftly on your behalf and seeing to it that your best interests are safeguarded. They have dealt with difficult negotiations, counteroffers, and unforeseen events. You must be equipped to handle these suppliers on your own when selling your home on your own. 4. Pricing and Housing Market Knowledge Setting the appropriate asking price for your home is very important. It necessitates in-depth familiarity with the regional real estate market, including current property demand, neighborhood patterns, and recent sales statistics. Real estate agents have access to detailed market information and are qualified to appropriately interpret it. Without this thorough knowledge, selling your property alone runs the danger of pricing it too high or too low. As a consequence, your home may be on the market for a longer period of time and you may run the danger of losing money, which may reduce your ability to purchase in the future. A crucial component of the price problem is an agent. Bottom Line While selling a home on your own might seem appealing at first, the challenges that come with it can quickly become overwhelming. The expertise that a real estate agent brings to the table is vital for a successful sale. Instead of tackling it alone, let’s connect to make sure you have an expert on your side.

Independence Day is a time when communities come alive with patriotic spirit, commemorating the birth of the United States of America. From coast to coast, cities and towns host a range of events to mark this historic occasion. Whether you're looking for fireworks, parades, live music, or family-friendly activities, there's something for everyone. Check out these 5 Free Go-to-Events to Celebrate the 4th of July in San Antonio Texas 1. H-E-B Fourth of July Celebration at Woodlawn Lake Park Every year, families from San Antonio gather at Woodlawn Lake Park for the official municipal festival known as "Make Freedom Green" to grill burgers and carnitas all day long before the 12-minute fireworks show at nine o'clock in the evening. There will be a variety of foods available from local food trucks and merchants, including chicken on a stick, gorditas, hot dogs, and many more! Where: Woodlawn Lake Park, 1103 Cincinnati Ave, San Antonio, TX 78201 When: Tuesday, July 4, 2023 | 11:00 am – 9:30 pm ​ 2. Independence Day at the Alamo Celebrate at the Alamo with a variety of performances and activities all day long where you may go back in time. Soldiers from the Spanish Colonial period in the 1700s will be discussed, along with weaving, missionary work, weaponry, leathercraft, artillery and black powder shooting displays. Where: The Alamo, 300 Alamo Plaza, San Antonio, TX 78205 When: Tuesday, July 4, 2023, | 9:00 am – 4:00 pm 3. GNW annual Fourth of July Parade At ten in the morning, the Great Northwest Community procession begins. Down Timber Path from Zachry Middle School to Timberwilde Elementary. Visitors are encouraged to set up chairs and blankets along Timber Path and watch the action. The barbecue and hot dogs will be distributed by the organizers at Silver Creek Pool at noon. Where: 8809 Timberwilde Dr. When: Tuesday, July 4, 2023, | 10:00 am – 4:00 pm 4. STARS, STRIPES & LIGHTS This long Fourth of July weekend, the River Walk will be decorated with patriotic décor! On the River Walk, the typical good times are being had despite the red, white, and blue-themed city bridges and trees. the ideal setting for pictures! Where: 300 River Walk, San Antonio, TX 78205 When: June 30 – July 4, 2023 5. FOURTH OF JULY FIREWORKS SHOW & LIVE @ LANDA CONCERT SERIES As we bring back one of the most eagerly awaited events of the summer, come out and enjoy live music, kid's activities, food trucks, and more at the Landa Park Dance Slab! Where: Landa Park, 110 Golf Course Rd, New Braunfels, TX 78130 When: Tuesday, July 4, 2023 | 7:00 pm – 9:00 pm As the sun sets on the 4th of July, the air is filled with the echoes of celebration and the spirit of unity. It's a day to reflect on the ideals that this great nation was founded upon and to honor the countless sacrifices made for freedom. Whether you choose to attend parades, marvel at fireworks, enjoy outdoor festivals, or simply spend quality time with loved ones, the 4th of July is a reminder of the strength and resilience of the American spirit. As we bid farewell to this day of remembrance and revelry, let us carry the values of liberty, equality, and justice in our hearts throughout the year. May the bonds that bind us as a nation grow stronger, and may the spirit of independence continue to guide us toward a brighter future. Until next year, happy 4th of July!

Purchasing a home is a big milestone as well as an important financial choice. However, many people find it difficult to navigate the financial aspects of buying a property. In this blog article, we will walk you through the main elements that will help you choose your dream house. First and foremost, you must evaluate your financial preparedness. Examine your income, savings, and credit score carefully. Understanding your financial condition can provide a clear picture of what you can afford and the sort of mortgage you may be eligible for. It is critical to create a budget that includes the down payment, monthly mortgage payments, and additional expenditures like property taxes and maintenance. Next, become acquainted with the various mortgage alternatives accessible. Conventional mortgages typically need a down payment of more than 3%, however, there are government-backed loans that allow for greater flexibility. Investigate the interest rates, loan lengths, and costs connected with each mortgage type to find the best fit for your requirements. Another critical step is to get pre-approved for a loan. This entails sending your financial information to a lender, who will evaluate your creditworthiness and decide the loan amount you are eligible for. Pre-approval not only clarifies your purchasing capacity, but it also provides you an edge when making an offer on a home. When looking for a home, it's critical to keep within your budget and prioritize your demands. Falling in love with a property that is out of your price range might lead to financial difficulties later on. Consider criteria such as the property's location, size, and condition. Hiring a professional home inspector can assist in identifying any problems that may necessitate costly repairs Finally, thoroughly analyze the provisions of the purchase agreement and account for closing charges. These charges, which include appraisal fees, title search fees, attorney fees, and loan origination fees, may quickly mount up, so it's critical to plan ahead of time.. Understanding the financial elements of purchasing a home is critical to paving the way to your dream home. Examine your financial situation, look at mortgage possibilities, get pre-approved, and stick to your budget. You'll be well on your way to making your goal of house ownership a reality. WATCH AS DENISE EXPLAINS "THE MONEY NEEDED FOR HOME BUYING"

Real Estate Is Still Considered the Best Long-Term Investment With all the headlines circulating about home prices and rising mortgage rates, you may wonder if it still makes sense to invest in homeownership right now. A recent poll from Gallup shows the answer is yes. In-fact, real estate was voted the best long-term investment for the 11th consecutive year, consistently beating other investment types like gold, stocks, and bonds (see graph below): If you’re thinking about purchasing a home, let this poll reassure you. Even with everything happening today, Americans recognize owning a home is a powerful financial decision. Why Do Americans Still Feel So Positive About the Value of Investing in a Home? Purchasing real estate has typically been a solid long-term strategy for building wealth in America. As Lawrence Yun, Chief Economist at the National Association of Realtors (NAR), notes: “. . . homeownership is a catalyst for building wealth for people from all walks of life. A monthly mortgage payment is often considered a forced savings account that helps homeowners build a net worth about 40 times higher than that of a renter.” That’s because owning a home grows your net worth over time as your home appreciates in value and as you pay down your mortgage. And, since building that wealth takes time, it may make sense to start as soon as you can. If you wait to buy and keep renting, you’ll miss out on those monthly housing payments going toward your home equity. Bottom Line Buying a home is a powerful decision. So, it’s no wonder so many people view real estate as the best long-term investment. If you’re ready to start on your own journey toward homeownership, let’s connect today.

Property Management Services usually provide a variety of services to property owners and investors. Listed below are the four primary responsibilities that Property Management Services may provide: Property Marketing and Advertising: Property Management Services assist in the marketing and advertising of rental properties on multiple platforms in order to attract new renters. They develop attractive property listings, highlight the advantages of the property, and employ smart marketing tactics to reach a large audience. They may also show prospective guests around the property. Tenant Screening and Selection: The tenant screening procedure is handled by Property Management Services to guarantee that dependable and responsible renters are picked for the property. They do background checks, verify employment and income, investigate the rental history, and may even interview potential renters. They hope to lower the danger of troublesome renters and boost the chance of timely rent payments by properly vetting applications. Rent Collection and Financial Management: Property Management Services collect rent on behalf of property owners. They enforce lease agreements, track rental payments, and follow up with late-paying renters. They also perform financial management activities such as budgeting, cost tracking, and giving property owners with monthly financial reports. They may also be in charge of repairs and upkeep, property taxes, and security deposits. Property Maintenance and Repairs: Property Management Services supervise property upkeep and repairs to ensure that the property is in excellent shape and that it conforms with applicable requirements. They organize normal maintenance duties including gardening, cleaning, and inspections. They offer a network of trustworthy contractors and service providers to solve concerns quickly in the event of repairs or emergencies. They also manage correspondence with renters about maintenance requests and attempt to resolve any issues as soon as possible. It should also be kept in mind that the particular duties and services provided by Property Management Services may vary depending on the organization and the agreement with the property owner. #mainPropertyManagementServicesroles #propertymanagement #realestate #SanAntonioTexas #Realtor #realestateagent #propertymanager

A Drop in Equity Doesn’t Mean Low Equity You may see media coverage talking about a drop in homeowner equity. What’s important to understand is that equity is tied closely to home values. So, when home prices appreciate, you can expect equity to grow. And when home prices decline, equity does too. Here’s how this has played out recently. Home prices rose rapidly during the ‘unicorn’ years. That gave homeowners a considerable equity boost. But those ‘unicorn’ years couldn’t last forever. The market had to moderate at some point, and that’s what we saw last fall and winter. As home prices dropped slightly in the back half of 2022, equity was impacted. Based on the most recent report from CoreLogic, there was a 0.7% dip in homeowner equity over the last year. However, the headlines reporting on that change aren’t painting the whole picture. The reality is, while home price depreciation during the second half of last year caused equity to drop, the data shows homeowners still have near-record amounts of equity. The graph below helps illustrate this point by looking at the total amount of tappable equity in this country going all the way back to 2005. Tappable equity is the amount of equity available for homeowners to access before hitting a maximum 80% loan-to-value ratio (LTV). As the data shows, there was a significant equity boost during the ‘unicorn’ years as home prices rapidly appreciated (see the pink in the graph below). But here’s what’s key to realize – even though there’s been a small dip, total homeowner equity is still much higher than it was before the ‘unicorn’ years. And there’s more good news. Recent home price reports show the worst home price declines are behind us, and prices have started to go up again. As Selma Hepp, Chief Economist at CoreLogic, explains: “Home equity trends closely follow home price changes. As a result, while the average amount of equity declined from a year ago, it increased from the fourth quarter of 2022, as monthly home prices growth accelerated in early 2023.” The last part of that quote is particularly important and is the piece of the puzzle the news is leaving out. To further emphasize the positive turn we’re already seeing, experts say home prices are forecast to appreciate at a more normal rate over the next year. In the same report, Hepp puts it this way: “The average U.S. homeowner now has more than $274,000 in equity – up significantly from $182,000 before the pandemic. Also, while homeowners in some areas of the country who bought a property last spring have no equity as a result of price losses, forecasted home price appreciation over the next year should help many borrowers regain some of that lost equity.” And even though Odeta Kushi, Deputy Chief Economist at First American, references a slightly different number, Kushi further validates the fact that homeowners have a lot of equity right now: “Homeowners today have an average of $302,000 in equity in their homes.” That means if you’ve owned your home for a few years, you likely still have way more equity than you did before the ‘unicorn’ years. And if you’ve owned your home for a year or less, the forecast for more typical price appreciation over the next year should mean your equity is already on the way back up. Bottom Line Context is everything when looking at headlines. While homeowner equity dropped some from last year, it’s still near all-time highs. Let’s connect so you can get the answers you deserve from an expert who’s here to help as you plan your move this year. " A Drop in Equity Doesn’t Mean Low Equity "