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Buyer | Real Estate Blog

Friday, November 22, 2024   /   by Tanya Kerr

Home Appraisals – How One Appraisal Almost Cost Our Client $200,000

Title: Home Appraisals – How One Appraisal Almost Cost Our Client $200,000

by Tanya Kerr and Russ Phillips
Tanya: Alright, let’s talk about appraisals. I know, it’s not the most glamorous topic in real estate, but I promise you—it’s where deals can make it or break it. I learned this lesson in a big way with one of my clients, and trust me, it’s a story you’ll want to hear. Imagine being $200,000 short on your dream home’s contract price because of a low appraisal—and to close the deal, you’d have to bring an extra $200,000 to the table. Sounds scary, right? Well, this happened, but with some grit, teamwork, and a bit of luck, we turned it around

What Is a Home Appraisal and Why Does It Matter So Much?
Russ: So, first off, what’s a home appraisal? Think of it as a professional opinion on how much a home is worth at that exact moment. Lenders require them before they issue a mortgage because they don’t wan ...

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Friday, July 19, 2024   /   by Tanya Kerr

Building Home Equity: A Path to Financial Growth

Discover how to build and leverage home equity to grow your wealth. Learn about appreciation, mortgage payments, and smart investments in our latest article. #HomeEquity

Building Home Equity: A Path to Financial Growth

Building home equity is a journey that can transform your financial landscape, providing flexibility and opportunities to grow wealth. As a seasoned Realtor in Central, Texas, I've seen firsthand the magic of home equity and how it can be a game-changer for homeowners. In this article, I'll walk you through what home equity is, how it's built, and the myriad ways you can leverage it to achieve your financial goals.

Understanding Home Equity

Home equity is essentially the difference between the market value of your home and the amount you owe on your mortgage. It's built over time as you pay down your mortgage and as your home's value appreciates. For example, if you purchase a home for $300,000 and owe $200,000 on your mortgage, you have $100,000 in equity. ...

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Thursday, July 11, 2024   /   by Tanya Kerr

Renting vs Buying Pros and Cons. What's Best for You?

Deciding between renting and buying a home? Discover the pros and cons of each option to make an informed choice. Learn about flexibility, costs, equity, and more. Whether you're a jet-setter or looking for stability, find out what works best for you. Contact Tanya Kerr for a consultation today!
Renting vs Buying Pros and Cons What’s Best for You?
Hi, my name is Tanya Kerr with T Ker Property Group, Keller Williams Realty. When it comes to finding a place to live, the age-old debate of renting versus buying can be quite perplexing. Both options have their pros and cons, and what’s best for one person might not be ideal for another. As a seasoned Realtor here in Georgetown, Texas, I’ve seen the magic and mayhem of both sides. Let’s dive into the details to help you make an informed decision.
Renting: Flexibility and Simplicity
Pros of Renting:
Flexibility: Renting offers unparalleled flexibility. If you’re someone who likes to move frequently or is unc ...

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Monday, June 24, 2024   /   by Tanya Kerr

Blue Tape Walkthrough: Ensuring Your New Home is Perfect

Discover the importance of a Blue Tape Walkthrough in new home construction from a seasoned Realtor! Learn how this detailed inspection ensures your new home is perfect before you move in, covering paint defects, cabinet repairs, and more.

Blue Tape Walkthrough: Ensuring Your New Home is Perfect

Introduction

Before you can move into your brand-new home, there's a crucial step in the process that ensures your new abode is absolutely perfect: the Blue Tape Walkthrough. As a seasoned Realtor in Georgetown, Texas, I’m thrilled to guide you through this essential, often overlooked phase of new home construction, helping you understand what it is, why it’s important, and how to make the most of it.

What is a Blue Tape Walkthrough?

In the world of new construction, a Blue Tape Walkthrough, also known as a New Home Orientation or Quality Control Walk, is a detailed inspection of your new home conducted by the builder. This usually takes place a few weeks before you c ...

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Wednesday, May 22, 2024   /   by Tanya Kerr

Turning Challenges into Opportunities: Our New Home Journey

By Micaela Remmert

Seeing an Opportunity

Interest rates might have caused the real estate market to slow down, but this shift has opened up a wealth of opportunities. For us, it meant finding the chance to build a new house with more space, an opportunity significant enough to make us willing to give up our cozy 2.8% interest rate.

Yikes—Mold!

Most of the build process went smoothly, and we had a blast picking out our design finishes. However, things took a turn shortly before our scheduled closing date when I discovered mold on the ceiling.


The builders quickly removed that section, but I requested they leave the wall open for mold testing. Unfortunately, they ignored my request and covered the wall back up to stay on track for the city inspection. I informed them that I wouldn't move forward until mold testing was done. With the wall covered, cavity testing became essential alongside air samples. The tests revealed high moisture and mold levels. I escalated the ...

  real estate, buyer, realtor, seller, economy, market update, buying vs. selling, austin area real estate