Posts from October 2013

Message:

I have a colleague (Bill Morris) at RE/MAX Capital City who has very unselfishly invested a great deal of time over the past two years with ABoR Government Affairs.  I am writing today to acknowledge my associate and help Bill to spread a  message by asking you to vote on this important upcoming issue.  

Their work has been aimed at getting the Texas Water Plan funded and the time has come!   I am writing to encourage your vote FOR Proposition 6 on the November 5, 2013 ballot. (Or sooner ... early voting begins on 10/21.)

The impact of drought conditions in Central Texas have reached historic proportions. Austin Water is making plans for even more stringent rationing than we have seen before.   Central Texans are feeling the strain and even with the significant rainfall that we have received over the last few da...

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Should a Seller and/or their Agent be required to disclose information sent to them by another Agent or Property Inspector while a home is listed?  The answer is Absolutely!

While it is true in my opinion that any "new" information that is received regarding a property should become part of the future disclosure, inspection reports are "subjective" in nature as must be treated as such.

A good listing agent knows there may be some additional work to mitigate or prevent any damage to the Seller client that these reports could potentially bring with them.  Addressing any concerns raised by any inspection reports, including CLUE reports from Insurance companies, Wood Destroying Insect Reports, Licensed property inspectors or others shouldn't be very difficult, especially if the Seller was truthful on the initial disclosures.

In fact, information received while a home is listed can actually become a benefit to the Seller...

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 Well here we go again ... imagine our government creating chaos in the housing market.  The story has been a common thread over the past few years as the lending pendulum swings between borrowers getting loans with zero credentials back to high level scrutiny.  Now anyone following the trends has surely recognized things getting more difficult for borrowers and while some notable politicians lined their pockets during the heyday of easy money loans, they have now legislated competitiveness OUT of the system.

Now with the Government Shutdown looming, it seems apparent that the lending slowdowns and altogether freezing in some segments like USDA and other Government backed loans that require certain verification through the IRS are ahead.

So, CASH is KING again for awhile and what a great opportunity for the investor with money to spend.  It's a perfect storm and especially for the investor with CASH.

Buy at reason...

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