Pre-Construction Investing

The idea of pre-construction investments is purchasing the rights or property before the ground is broken.  Investors often have the option of investing for pennies on the expected dollar once the building is complete and can re-sell the property at full market value once the building is complete.

This is a win-win situation for many builders of the property in questions because 'pre-selling' the units allows lending agents to have confidence in the viability of the project. The benefit to investors is that they are able to purchase at a much lower price pre-construction than afterward and can sell afterward at the full market value.

Of course, no real estate venture is ever guaranteed to turn a profit.  The market tends to change on a regular basis.

Develop a close-knit relationship with a realtor that specializes in this particular type of real estate investing. This could prove to be the most beneficial thing you will ever do in order to insure future success.

In the end you have several options to choose from: you can sell the property to another investor, sell the home to an individual, or rent the property out. 

Janus Real Estate Group    *    Heather Anderson     *    972-765-3773

First Impressions For Home Sellers

Selling your home can be taxing. Allowing other agents and potential buyers to wander through your home on a moments notice, all while keeping your home in pristine showing condition at all times while trying to maintain your own life. But, these small adjustments can make the difference in hundreds of buyers trudging through for months on end, and a few buyers falling in love with your home as soon as they pull up. 

First impression is a make it or break it topic in home sales. Make sure when a buyer pulls up they are impressed, or even awed. You do not want a buyer pointing at unkept grass or trash on the side of the house.  Planting flowers or sidewalk lights are two quick and easy additions to upgrade your drive up appeal.

Highlight the special features of your home versus hoping potential buyers will notice them.  Lighting is the best way to feature spotlight items.

The garage is the number one go to spot for odds and ends from around the house that have no real spot at the time.  So it is easy for piles to accumulate in your garage.  Keep the garage as tidy as possible. If you must store items in the garage, keep them stacked neatly and in one central spot.

 

Janus Real Estate Group    *    Heather Anderson     *    972-765-3773

Find Cheap Gas in Allen, TX

As gas prices are on the constant rise, a lot of people begin to alter their actions and decisions to save at the gas pump.  A handy tool for DFW, locates the cheapest gas in your area. 

Cheapest Gas Prices in Your Area

Janus Real Estate Group    *    Heather Anderson     *    972-765-3773

Home Buyer Credit Tips

Aside from knowing your credit score and correcting any errors that are on your credit there are several things that you can do to make sure you are able to get approved for a home loan when you are ready to buy.

Pay every bill on time

You may be surprised at the damage even a few late payments will have on your credit score. The easiest way to make a big difference in your credit score without altering your spending habits is to diligently pay all your bills on time.

Take care with the length of your credit

If you’ve had a credit card for a long time and managed it responsibly, that works in your favor. However, opening several new credit cards at once can lower the average age of your accounts, which pushes down your score. Likewise, closing credit card accounts lowers your available credit, so keep credit cards open even if you’re not using them.

Don’t use all the credit you’re offered

Credit scores are also based on how much credit you use compared with how much you’re offered. Using $1,000 of available credit will give you a lower score than having $1,000 of available credit and using $100 of it. Occasionally opening new lines of credit can boost your available credit, which also affects your score positively.

 

Janus Real Estate Group    *    Heather Anderson     *    972-765-3773

Smart Home Shopping

When shopping for a home, there are quite a few things that can snatch your attention.  When you look at a home, it’s very easy to fall immediately in love with it.  New homes are clean, decorated perfectly, and many are what you pictured in your dreams.  If you don’t shop the smart way though, you can end find yourself discovering faults shortly after you move in.

Check and see if you can fit your furniture in the way you want.  A lot of homes are configured so that furniture will only fit in one position.  This can leave a television or couch in a weird location.  And, sometimes your furniture may not be able to make it through the doorways.    

Be sure to get the right home for yourself and your family – now and later.  Even though you may be a young couple now, a house with enough room to grow can save frustrations down the road.   

Research any extras as well.  Things like a pool and a hot tub may be a great asset to have, although know the amount of money that regular maintenance will cost, so you can plan ahead. 

Location. Location. Location. This is perhaps the number one factor to consider.  While you may find the perfect home in every manner, if it backs up to an industrial plant or is in a neighborhood with no other children for your children to play with- there is no fixing these problems. 

Janus Real Estate Group    *    Heather Anderson     *    972-765-3773