Thursday, October 27, 2016

What is a Probate Realtor®?

Do I really need a Probate Realtor?

How do I know I am in Probate?
Can a Probate Realtor really help me?
These are a lot of questions I run across. Probate happens when there is a death in the family and the deceased person’s properties are sold or dealt with according to the local law and code. This can mean many legal proceedings and can take some time. The last thing a person needs is to be confused and frustrated along the way.
Do you need a Probate Realtor? No, you can handle the process yourself but remember, there are codes, laws, details and many issues that arise that may not be your specialty. Using a local Probate Realtor will not only explain everything but help you through it and also conduct a lot of the work for you that you would end up doing yourself.
You’re in probate if you are now or will be an executor of any estate. If you are the one handling the properties and personal belongings of a deceased friend or relative you will need to sift through the details and if there is no will, you must deal with probate with the court systems for the property or items.
How does a Probate Realtor really help?
There are numerous details that accompany a probate proceeding. Without knowing the changing laws and codes, it can be difficult if not impossible to keep current. Using a Probate Realtor that specializes in helping families organize, handle all the court proceedings and make sure all the details are covered is not only a weight off your back but will also help the process proceed much quicker.
Probate Realtor will help fix issues with the home including getting inspections, bids, repairs, upgrades, and consultations. A probate Realtor will invest their time and money to make sure your home sells quickly for the most money the market can bear.  Using a probate Realtor will typically allow repairs and corrections to be made before the home sells and not have to worry about payment until after closing. This can be a huge weight-off for a family that just can’t afford to spend any more money until the home sells.
Probate Realtors help families sell estates quickly and easier than if they had to handle all the details themselves. We often deal directly with the court systems and lawyers to give you a break in the proceedings. We answer questions and explain steps that are necessary for completing the transactions.
So, do you need a Probate Realtor? No. But the alternative may cost you much more time, money and headaches. Give yourself a break and let me handle all the details for you.
 Please contact Deepak Chauhan anytime for a confidential consultation. When the time comes to deal with a family estate, trust the details to a professional Probate Realtor in Orange County.  As your Realtor®, it is his job to make sure you are well taken care of and informed about every step of the home selling process. Let him show you how to get started on your journey. Start your Property Search here to see what is being sold at what price and contact him anytime for a Comparative Market Analysis of your property at or call 949-748-9834 and we will get you put on the right track to get your home sold at the best price in a timely manner.

Article Originated Here: Http:// 

Tuesday, October 11, 2016

How to Compete for a Home in a Tough Market

It's no secret the Portland is a hot housing market. Homes are flying off the market, prices are increasing and bids are getting tougher. While there are not as many investors on the market is there were five years ago, homebuyers still find themselves competing with other homebuyers for the same property. Is there a way to beat out your closest competitor? And, what are those ways to make your offer stand out so that you can be assured you get the home you love?

Here are five ways you can prepare yourself ahead of time to compete in a hot housing market when it comes time to present an offer. 

#1. Make sure your finances are in order. 

 Placing an offer is not the time to be concerned about whether or not you are approved for a home loan, have money for a down payment, inspection and closing costs, and how much money you can afford in a mortgage payment each month. You should already have all of these figures in place and ready to go before even looking at one home. Having all of your finances in place ahead of time means that your offer will get looked at first, and if attractive enough, the seller will know that you've already done the financing homework necessary to afford the home. This means you want to speak to a lender about getting preapproved, have a preapproval letter ready to submit with the offer, have cash in the bank for a substantial down payment/earnest money deposit and have extra money for a home inspection. Letting the seller know you are ready to go financially eases their mind that the deal is likely to close.

#2. Submit a solid offer. 

 While you may not always be the first offer, you can submit a fast and strong offer. Make sure you don't insult the seller by asking for everything under the sun with a lowball offer. This is not the time to submit a lowball offer. Have your real estate agent understand the market in the neighborhood and submit a quality, strong offer without undervaluing the property. If you come in either at or just slightly below the asking price, most sellers will know you're serious. Make sure all of the dates comply and agree with the seller. Try not to set out the closing date months in advance but a decent, reasonable closing time with favorable terms.

#3. Consider an escalation clause. 

 In seriously hot markets, and Portland have a lot of micromarket neighborhoods around the area that are incredibly hot, you might want to consider an escalation clause. This means that the buyer is willing to increase their offer if there are other bids up to a particular Price. Let's say that it's a $400,000 house. You're willing to offer $5000 over the highest asking price up to $430,000. The only drawback to this type of strategy is that you'll have to make sure the property appraises for the escalated amount otherwise you'll have to make up the difference.

#4. Let the seller know how much you love the property. 

 Sending a personal letter may seem almost taboo in today's society and something done years ago to impress the seller but it might actually work today. Simply sending a letter, a picture of your family or appealing to a soft heart could get your offer approved. Of course, this is not the end all and it shouldn't be your only line of defense but it certainly can't hurt to let the owner know how much you love their home, appreciate the care and maintenance they've put into the property and how you're planning on keeping up the property for the good of the neighborhood and society.

#5. Consider a pre-inspection. 

 This can be a tricky situation because in a hot market, low-priced homes tend to sell faster than you may not have time for a home inspection before placing an offer. However, you can certainly ask the seller if you can perform a pre-inspection before making an offer to save time later on and so that your offer is serious without a lot of contingencies. As with any offer you'll want to verify all the logistics, legalities and terms with your real estate agent. Using a dedicated buyers agent means that your needs, your price and terms will be the top priority.

If you really want the home, use the tactics here to get your offer to rise above the rest. To get started with your financing preapproval please contact The Palmer Team in Portland today or start your application process here for free.

5 Things to Know Before Buying a Foreclosed Home

If you’re considering buying a foreclosed home you’re probably looking for a bargain. Foreclosure homes typically sell for less than other homes on the market but there are some things you should know before signing on the dotted line.

#1. How to buy a foreclosure home.

There are basically two different ways to buy a home that is in foreclosure. First off, lenders will auction the home off after the owners stop paying the mortgage. These are typically sold at public auctions. However, since most people don’t have a few hundred thousand dollars in cash lying around,  you’ll want to buy the property after  a bank takes ownership of it. These are bank owned properties sold by real estate agents. This is where most people buy a foreclosed home and it is sold in the traditional way.

#2. Buying a home at an auction.

If you’re buying a home at the auction it’s typically not easy and most of these auctions are site unseen. You’ll be competing with professional real estate investors so you’ll need to have several hundred thousand dollars in cash in order to bid. Also, because these are site unseen you have no idea what type of repair jobs you’ll face after the purchase.

#3. A bank owned foreclosure is easier.

Instead of an auction, going through the bank is an easier process and homes sell for up to 40% less than comparable homes that are not foreclosed upon. Once the bank has taken ownership of the home you would make an offer just as you would with a typical sale. There will be a real estate agent representing the bank that will present your offer to the bank and come back with a counter offer.

#4. Banks usually will not complete any repairs.

One of the drawbacks to buying a foreclosure is the bank will typically not conduct any repairs, replacements or alterations of the property. It’s basically what you see is what you get. And this leads into the last point.

#5. You absolutely need a home inspection.

Never buy a foreclosed home without hiring a home inspector. You do have the right to a home inspection before closing on the sale. Many foreclosed homes need a ton of repairs so you want to know exactly what you’re getting into before finalizing the sale. You might determine that after knowing what all needs to be done on the property it’s not quite the bargain you had hoped for.
For more information on home inspections, visit the American Society of Home Inspectors of Western Washington

Tuesday, October 4, 2016

Texas Hill Country - What is it?

You may have heard the term "Texas Hill Country" before but not really understood what it means. It is technically a 25 County region in central Texas featuring tall, rugged hills with granite or limestone. It includes the second largest granite dome in the United States, Llano Uplift.

The area reaches into portions of the two major metropolitan cities of San Antonio and Austin. The following are the counties within the boundaries of the Texas Hill Country

  • Bandera
  • Bell
  • Blanco
  • Burnet
  • Comal
  • Coryell
  • Crockett
  • Edwards
  • Gillespie
  • Hays
  • Kendall
  • Kerr
  • Kimble
  • Lampasas
  • Llano
  • Mason
  • McCullouch
  • Menard
  • Real
  • San Saba
  • Schleicher
  • Sutton
  • Travis
  • Val Verde
  • Williamson

Texas Hill Country also has a font association with architecture, music, and the food culture. It's quite different from normal text and culture that influences the southern end of Texas. This area is also known as the center of the Texas Wine industry and there are three American viticultural areas located in Hill country including Fredericksburg and Bell Mountain.

It's home to several historical and national treasures such as the Alamo, haunted houses, nature trails, preserves, and the beautiful Hamilton pool, a natural oasis preserve located about 30 miles west of Austin. This natural preserve focuses on habitat protection and restoration. The beautiful 45-foot waterfall creating a gorgeous swimming hole is a great day hike but you do need reservations.

From backcountry roads to fantastic barbecue at the Cooper's Old Time Pit to the stunning views along old farm roads, Texas Hill Country is a beautiful place to not only visit but the call home. If you are visiting or maybe you've just moved here and are exploring our region seven the most amazing things to check out include kayaking down the Medina River as it winds its way on down to Bandera. Perhaps you can smell the lavender even before you reach Blanco, an hours drive outside of Austin. May through July, the lavender blossoms.the hillside as Blanco is known as the lavender capital of Texas. Speaking of scents, when the peaches are in full bloom in August and September, the smell of the ripening fruit wafts over the hills and then the smell of rosemary, thyme, and other herbs catch your attention at the Fredericksburg herb farm. Texas Bluebonnets bloom around mid-March through April and are just one of the many native varieties of plants, flowers, and trees throughout the Texas Hill Country.

After you've taken in the Flora, check out the minerals and rocks of the Texas Hill Country. Topaz, the state gem of Texas is found in Mason County, just an hours drive from Fredericksburg. You can literally find these gorgeous stones lying throughout the ground in granite outcroppings, creek beds, and ditches. Residents are free to hunt these beautiful stones at Lindsay Ranch.

Speaking of ranches, Texas Hill Country has some of the most spacious, authentic and vivacious ranches and farmlands in the country. In Gillespie County, residents can choose an 8-acre equestrian ranch in Tierra Linda complete with your own Airpark, outbuildings, stables and beautiful ranch homes. Whether it's gated or just welcomes you with a large fence post entrance, the ranches in the Texas Hill Country are unlike anything in the nation.

Whether you are planning your vacation to the Texas Hill Country or planning a move, the Hill country is unlike anything this country has to offer.

Thank you to Tommy Taylor with - Visit the website for more on Tierra Linda Ranch and the Texas Hill Country.

Image adapted By Billy Hathorn at en.wikipedia, CC BY-SA 3.0,