Get Ready To Buy in Erath County

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You’ve crunched the numbers and done your research. Your credit is good, and you are officially ready to buy a home. So what are you waiting for? Now is the time to buy a home in Erath County – and it probably won’t last forever. Here are some more things to consider.

Distressed homes like foreclosures and short sales are all listed at very deep discounts, and account for about 30% of sales early this year. It’s kind of like discount shopping! Investors are also having a lot of fun in this market. They bought 64.5% more homes in 2011 than in 2010. Now, about one in four homes sold is to an investor. Buyers are also back in the second home game. Investors and playhouse buyers are snatching up second homes. Vacation and second home sales were up 7% in 2011.

Now that it’s your turn, make sure you are mortgage ready. Check your credit reports from the federally sanctioned sources – remember there are three credit agencies to check. The site you should use is Be cautious of the other sites that advertise “free” reports but then throw in all kinds of conditions. If your credit isn’t strong enough you could be stuck with a mortgage much higher than you anticipated.

Remember you will have costs other than your mortgage too. There are insurance, tax, utility, maintenance and transportation costs to factor in. Put these into your budget while house hunting so you know what your cost limit is. Also pick the kind of mortgage that is right for you – whether it be a fixed-rate mortgage or an adjustable rate mortgage. Both have pros and cons, so make sure and consult with an expert.

Buying a new home is very exciting, especially in a buyer’s market like we see now. If you are interested in buying or selling a home in Erath County we are local real estate agents and experts on the community. Please contact us; we would love to show you around!

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“Cindy Carrell is an amazing realtor! Cindy did an excellent job marketing our home & successfully helping it to sell for exactly what we wanted and in under 60 days. Cindy is professional and a pleasure to work with. She is prompt to answer questions and to help resolve those situations that arise while  selling and buying a home. Cindy also helped us find our forever home within a week of listing our house. If you are looking for a realtor Cindy is an excellent choice!”
Cindy Carrell is an amazing realtor!