Monday, July 31, 2017

Don’t Let a Bidding War Backfire: Best Suggestion for Selling Your Home | From: US News Real Estate

From: US News Real Estate

If you're trying to sell your home, buyers should be ringing your doorbell any moment now. This is a seller's market. The National Association of Realtors' midyear forecast, which came out in mid-May, indicates that the number of sales of existing homes (that is, a house that's already been lived in) will rise 3.5 percent to 5.64 million sold this year. Next year appears promising for sellers as well. In 2018, sales of existing homes are expected to climb another 2.8 percent, to 5.8 million.

Naturally, in this favorable climate, a lot of bidding wars have reportedly been breaking out. And a bidding war is the American dream after owning your own home – having complete strangers begging you to buy your home and pay you more money than you anticipated.

But while a bidding war can be good for your bottom line, having one break out doesn't mean that you're guaranteed to sell your home. Sometimes, in this type of war, you're the one who becomes the casualty. That's why, if you start getting multiple offers, you'll want to make this suggestion part of your battle plan.
Don't automatically seize the highest offer. It's easy to be dazzled by the dollar signs being thrown at you, but it may be a mirage.
"In almost all circumstances where a seller receives multiple bids, the strongest offer is not determined by price," says Holly Gray, a real estate broker with RE/MAX Pacific Realty in Bellevue, Washington.
Sure, price is important, but Gray says you should also be thinking about factors such as the amount of earnest money that the seller is willing to pay. There also may be clauses in the contract that would typically give them an exit if they suddenly wanted to back out of buying your house for some reason.
In other words, if the highest offer is coming from someone who seems wishy-washy about buying your home, or who doesn't have approval from their bank for a loan, and there's a lower offer from someone who appears levelheaded and enthusiastic about moving in and has the financing lined up, you can probably figure out who has the better offer.

Brian Morgan, a real estate broker at Citi Habitats, a brokerage in New York City, agrees that the biggest offer may not be the best. "Sellers get blinded by big dollars and a preapproval letter," he says. "If the loan falls through … it's back to square one."
Morgan says he sees this a lot, sellers letting their greed get the best of them. "You don't want to cause a buyer to walk away out of frustration because they are tired of playing games," he says.
If you do have multiple buyers making multiple bids, Morgan suggests giving all the parties the opportunity to present their best and final offer, "which is the absolute highest price they would be willing to pay for the home."

Not only is that fair and will shorten the selling process, Morgan says, it's the most effective way to get the highest possible price.


Thursday, July 27, 2017

Gated Entrance - Home For Sale 716 S Excalibur Street Edinburg, TX 78539


Gated Entrance - Home For Sale 716 S Excalibur Street Edinburg, TX 78539 - Located in the gated community of Newcastle Estates in Edinburg. This well maintained starter home features 3 bedrooms, 2 bathrooms, beautiful kitchen with granite countertops and stainless steel appliances, breakfast bar, laundry room, open floor concept, with covered patio, plus hardwood laminate flooring and carpet. Won't last long so Don’t pass up the opportunity to make this home yours! Call now for your appointment (956) 638-1937.










Gated Entrance - Home For Sale 716 S Excalibur Street Edinburg, TX 78539


 3
 2
 0
 2007
 1620
 1

 Edinburg

 New Castle Estates
 Hidalgo
 Edinburg ISD
 Trevino
 South Middle Schl
 Edinburg H.S.


List Price: $135,000


For more information " Click Here"







Monday, July 24, 2017

SOLD - 2601 Redstone Drive Mission, TX 78572

SOLD - 2601 Redstone Drive Mission, TX 78572 - Gorgeous stucco home in Redstone Estates. Beautiful landscaped walkway welcomes you. Decorative high ceilings with intricate and unique designs. Nitches to enhance any decor. Smooth living to dining transition with an ample kitchen complete with appliances and granite counters. Sizable bedrooms with comfortable baths. Covered patio with gazebo. Outdoor grill perfect to host gatherings and take a dip in the pristine pool. Conveniently located off expressway near restaurants, shopping, and schools.

List Price: $245,000








Visit our website: www.SellsRGV.com

Find out the value of your home at: www.RGVhomeValuation.com

Thursday, July 20, 2017

Home For Sale 2911 San Gabriel Mission, TX 78572


Home For Sale 2911 San Gabriel Mission, TX 78572 - Excellent house in Sharyland Plantation under $200,000. This awesome, move in ready home features 4 bedrooms, 2 full bathrooms, 2 car garage, almost 2700 sq ft, 2 living rooms and 2 dining areas, all kitchen appliances are included. The location is perfect, across the street from a park and walking distance to Shimotsu Elementary and B.L. Gray Jr HS, in the heart of Sharyland Plantation. Call now for your tour (956) 638-1937.

List Price: $189,000


Home For Sale 2911 San Gabriel Mission, TX 78572



BEDROOMS: 4
BATHS: 2
1/2 BATHS: 0
EST YEAR BUILT: 2004
EST SQFT: 2653
# STORIES: 1
AREA: Mission
SUBDIVISION: El Sendero
COUNTY: Hidalgo
SCHOOL DISTRICT: Sharyland ISD
ELEMENTARY SCHOOL: Shimotsu
MIDDLE SCHOOL: B.L. Gray Jr. High
HIGH SCHOOL: Sharyland H.S.




To Get More Information: "Click Here"



Wednesday, July 19, 2017

Home For Sale 1509 Oak Drive Mission, TX 78572















Home For Sale 1509 Oak Drive Mission, TX 78572


BEDROOMS: 3
BATHS: 2
1/2 BATHS: 0
EST YEAR BUILT: 2001
EST SQFT: 1765
# STORIES: 1
AREA: Mission
SUBDIVISION: Orange Blossom
COUNTY: Hidalgo
SCHOOL DISTRICT: Sharyland ISD
ELEMENTARY SCHOOL: Shary
MIDDLE SCHOOL: Sharyland North Junior
HIGH SCHOOL: Sharyland H.S.

Home For Sale 1509 Oak Drive Mission, TX 78572 -LOCATION, LOCATION, LOCATION! Beautiful home in established neighborhood this 3 Bedroom and 2 Bath home has a Kitchen with tile floors and counter tops. Home also has decorative ceiling and ceiling fans. There is a covered back patio and a extra cement slab for a boat or trailer Call now for an appointment (956) 638-1937.

List Price: $150,000

Visit Our Website at: "Get More Information Here"

Keep in mind that you can virtually walk any of our homes by checking out our virtual tour.







SOLD - 2909 E Olivo Street Hidalgo, TX 78557












SOLD - Home For Sale 2909 E Olivo Street Hidalgo TX


BEDROOMS: 3
BATHS: 2
1/2 BATHS: 0
EST YEAR BUILT: 2009
EST SQFT: 1340
# STORIES: 1
AREA: Hidalgo
SUBDIVISION: Valle Alto
COUNTY: Hidalgo
SCHOOL DISTRICT: Valley View ISD
ELEMENTARY SCHOOL: Valley View
MIDDLE SCHOOL: Valley View Junior High
HIGH SCHOOL: Valley View H.S.


SOLD - Home For Sale 2909 E Olivo Street Hidalgo TX - Great starter home in Hidalgo with excellent finish outs. This very cute home features 3 bedrooms, 2 bathrooms, large master bedroom, granite counter tops, 2 car garage, laundry room, ceramic tile throughout, NO CARPET, covered patio and much more. Call now for your appointment (956) 638-1937

List Price: $110,000


Visit our website: www.SellsRGV.com

Find out the value of your home at: www.RGVhomeValuation.com