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TEXAS UPSCALE HOMES


"UPGRADING HOMES FOR BETTER LIVING"

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Reasons to Sell to an Investor

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There are many reasons why a motivated seller may turn to an investor to buy their house. In the current economy job losses, foreclosures, and other financial woes are putting immense pressure on homeowners to sell, and sell fast. Selling to a real estate investor in your area could reduce your stress and ease the process of selling your house. The first and most obvious thing a real estate investor can offer you is speed. They typically know what they're looking for and can give you an offer themselves on the spot. The second thing most real estate investors market about themselves is convenience. They see buying your house as offering you a service, and as a result are willing to work around your schedule. You won't need stay on call, prepared to leave your house at a moments notice for a realtor. Investors have flexible schedules. Because this is their job, they'll be able to work around your schedule. Perhaps the most financially rewarding benefit of selling to a real estate investor is the ability to sell as is. This is the primary motivator for many home sellers who decide to take this route. Generally there are no repairs to be made, investors pay all closing costs, and an investor can usually close within 10 days.

We are an Equal Housing Opportunity company

The mission of the Office of Fair Housing and Equal Opportunity(FHEO) is to eliminate housing discrimination, promote economic opportunity, and achieve diverse, inclusive communities by leading the nation in the enforcement, administration, development, and public understanding of federal fair housing policies and laws. FHEO protects people from discrimination on the basis of race, color, religion, sex, national origin, disability, and familial status. In addition, housing providers that receive HUD funding, have loans insured by the Federal Housing Administration (FHA), as well as lenders insured by;FHA, may be subject toHUD program regulations intended to ensure equal access of LGBT persons.<

IMVESTORS GUIDE TO A DISTRESSED PROPERTY?

If you haven’t heard of distressed property investing before, now is the perfect time to learn. Distressed properties serve as the source of some of the best deals to be had on the market, and can be found in many different forms. What is a distressed property? Distressed property is any property that is under foreclosure or being sold by the lender. Normally, a distressed property is a result of a homeowner who was unable to keep up with the mortgage payments and/or tax bill on the property. It is common for a distressed property to be sold below market value. Deeper definition Not all distressed properties have been repossessed due to late payments. On occasion, lenders, banks and credit unions seek to repossess a property to protect their investment. Lenders may take this action due to other claims being made on the property or due to a discovery of mortgage fraud. There are at least two good reasons to buy a distressed property: Price. The below market value price on a distressed home allows those who might not otherwise be able to afford a particular neighborhood to buy there. Potential profit. If you buy a distressed property at a good price and know which repairs and updates will add the most value, it is possible to build equity and sell at a profit.

THE HOUSING MARKET SHOWS NO LETUP IN 2020

HOUSTON — (January 1, 2020) — Continued low mortgage interest rates kept consumers in a buying mood in 2020, powering home sales to a fourth consecutive positive month. According to the latest monthly report from the Houston Association of Realtors (HAR), sales of single-family homes across the greater Houston area totaled 7,231 in October. That is up 8.1 percent compared to a year earlier. On a year-to-date basis, home sales are 4.2 percent ahead of 2018’s record volume, making it ever more likely that 2019 will establish a new record for local real estate. Single-family home prices set new October highs. The median price (the figure at which half of the homes sold for more and half sold for less) increased 2.1 percent to $239,900 while the average price rose 1.3 percent to $298,354. Despite the record prices, the increases are among the smallest of 2019 and reflect signs of pricing moderation as the year draws to a close.