Texas Elite Realty Group  ·  Bienes Raíces en Laredo, TX  ·  Recursos para Vendedores

¿Cuánto Equity Tengo y Cuánto Dinero Recibiré Realmente al Vender Mi Casa?

Lo Primero: ¿Qué es el Equity de una Casa?

El equity de tu casa es la diferencia entre lo que vale tu propiedad hoy y lo que todavía debes de hipoteca. Es la parte de tu casa que realmente te pertenece libre de deudas.

La fórmula es sencilla:

Equity = Valor de Mercado Actual − Saldo Pendiente de Hipoteca(s)

Por ejemplo, si tu casa vale $280,000 y debes $160,000 de hipoteca, tu equity es $120,000. Eso suena bien y lo es. Pero lo que muchos vendedores no saben es que no recibirás todo ese equity en efectivo. Vender una casa tiene sus propios costos, y esos costos salen directamente de tus ganancias al momento del cierre.

Por eso es tan importante conocer tus ganancias netas — no solo tu equity  antes de tomar cualquier decisión.

Paso 1 — Descubre Cuánto Vale Tu Casa Hoy

El valor de tu casa cambia con el mercado. Lo que pagaste hace cinco años, o incluso lo que vendió la casa de tu vecino el año pasado, puede no reflejar lo que los compradores están dispuestos a pagar hoy en Laredo. Antes de calcular cualquier número, necesitas un valor de mercado actualizado.

La forma más rápida de obtenerlo es con nuestra herramienta gratuita de valuación de casas. Utiliza datos reales de ventas recientes en tu vecindario y te da una estimación instantánea de lo que tu casa podría valer hoy. Para un número más preciso, un agente licenciado puede hacer un Análisis Comparativo de Mercado (CMA) — pero la estimación en línea es un excelente punto de partida.

Una vez que tengas ese número, estás listo para calcular tus ganancias netas reales.

Paso 2 — Conoce Cuánto Debes

Busca tu estado de cuenta hipotecario más reciente y encuentra tu saldo de pago actual — este es ligeramente diferente de tu capital restante porque incluye los intereses acumulados. Si tienes una segunda hipoteca, préstamo sobre el valor acumulado de la vivienda o HELOC, inclúyelos también.

Tu prestamista puede darte una cotización exacta de pago en cualquier momento, generalmente válida por 30 días.

Paso 3 — Calcula Tus Costos de Venta

Aquí es donde la mayoría de los vendedores se sorprenden. Vender tu casa no es gratis. Estos son los costos que debes esperar pagar de tus ganancias al cierre en Texas:

En Texas, los vendedores generalmente pagan el seguro de título del propietario. Esto protege al comprador y se calcula usando una tabla de tarifas oficial del estado basada en el precio de venta. En una casa de $280,000, por ejemplo, esa prima es de aproximadamente $1,845. Es un costo significativo que muchos vendedores no anticipan.

El prorrateo de impuestos de propiedad es otro que sorprende a la gente. En Texas, los impuestos de propiedad se pagan en atraso lo que significa que debes impuestos por cada día del año que fuiste dueño de la casa hasta la fecha de cierre. Esa cantidad se acredita al comprador en el cierre y sale de tus ganancias.

Paso 4 — Calcula Tus Números Antes de Poner Tu Casa en el Mercado

Aquí hay un ejemplo real de cómo podrían verse los números para un vendedor en Laredo:

Eso es una diferencia grande comparada con los $120,000 en equity que este vendedor creía tener, casi $20,000 menos. Conocer ese número con anticipación te permite planificar, ya sea para decidir cuánto dar de enganche en tu próxima casa, pagar deudas, o simplemente saber qué esperar el día del cierre sin sorpresas.

¿Qué Afecta Cuánto Dinero Recibirás?

Varios factores pueden aumentar o reducir tus ganancias netas significativamente:

📈 Cosas que Aumentan Tus Ganancias

• Un precio de venta más alto — incluso $5,000 más en el precio agrega aproximadamente $4,700 después de la compensación
• Fecha de cierre más tarde en el año — menos días de prorrateo de impuestos significa más dinero en tu bolsillo
• Menos concesiones al vendedor — reparaciones y créditos que se negocian fuera de la mesa se quedan en tus ganancias
• Términos de oferta sólidos — un comprador que ofrece más con menos contingencias frecuentemente vale más que un precio ligeramente mayor con muchas condiciones

📉 Cosas que Reducen Tus Ganancias

• Mantenimiento diferido — los compradores pedirán reparaciones o créditos si la casa tiene problemas
• Saldo alto de hipoteca — entre más debes, menos recibes
• Créditos o concesiones al vendedor — comunes con compradores FHA y VA, estos reducen tu resultado final
• Cierre a principios del año — más días de prorrateo de impuestos que cubrir

¿Comparando Múltiples Ofertas? Fíjate en las Ganancias Netas — No Solo en el Precio

Esto es una de las cosas más valiosas en las que un agente experimentado puede ayudarte. La Oferta A puede ser $5,000 más alta que la Oferta B, pero si la Oferta A pide $4,000 en reparaciones, una garantía de casa y ayuda con los costos de cierre — la Oferta B podría ponerte más dinero en el bolsillo.

Nuestra Calculadora de Ganancias Netas del Vendedor te permite comparar múltiples ofertas lado a lado para que puedas ver el resultado real de cada una antes de decidir. Automáticamente identifica qué oferta te da las mejores ganancias — sin adivinar.

¿Cuándo es el Mejor Momento para Vender en Laredo?

El tiempo importa, pero no siempre de la manera que la gente piensa. El "mejor" momento para vender es cuando tu situación personal coincide con las condiciones favorables del mercado. En Laredo, los meses de primavera y principios del verano tienden a traer más compradores activos — pero una casa bien cotizada con buena mercadotecnia puede venderse en cualquier mes del año.

Lo que importa más que la temporada es conocer tus números antes de comprometerte. Usa nuestra herramienta gratuita de valuación para ver dónde estás hoy, y luego corre tus ganancias a través de la calculadora para ver si el momento tiene sentido financiero para tu situación.

Conclusión

Tu equity te dice lo que posees. Tus ganancias netas te dicen lo que realmente recibirás. Son dos números muy diferentes, y todo vendedor merece conocer ambos antes de tomar una de las decisiones financieras más importantes de su vida.

En Texas Elite Realty Group, guiamos a cada vendedor a través de este proceso antes de hablar de poner la casa en el mercado. Sin sorpresas en el cierre — solo números claros, consejos honestos y un plan que funcione para ti.

Comienza con tu valuación gratuita de tu casa, luego calcula tus ganancias estimadas con nuestra Calculadora de Ganancias Netas. Cuando estés listo para hablar, aquí estamos.

Ernie es un corredor de bienes raíces licenciado y líder de equipo en Texas Elite Realty Group, 9902 McPherson Rd, Laredo, TX. Este artículo es solo para fines informativos. Las ganancias netas reales variarán según el precio final de venta, el pago de la hipoteca, los honorarios del prestamista y los términos negociados. Consulte con un profesional de bienes raíces licenciado para obtener asesoramiento específico a su situación.

By Ernie | Texas Elite Realty Group  ·  Laredo, TX Real Estate  ·  Seller Resources

How Much Equity Do I Have and What Will I Actually Walk Away With After Selling My Home?

First Things First: What Is Home Equity?

Your home equity is the difference between what your home is worth today and what you still owe on it. It's the portion of your home that you actually own free and clear.

The formula is simple:

Home Equity = Current Market Value − Outstanding Mortgage Balance(s)

For example, if your home is worth $280,000 and you owe $160,000 on your mortgage, your equity is $120,000. That sounds like a lot and it is. But here's what most sellers don't realize: you won't walk away with your full equity amount. Selling a home comes with its own set of costs, and those costs come directly out of your proceeds at closing.

That's why it's so important to look at your net proceeds, not just your equity, before making any decisions.

Step 1 — Find Out What Your Home Is Worth Today

Your home's value changes with the market. What you paid for it five years ago, or even what your neighbor's home sold for last year, may not reflect what buyers are willing to pay today in Laredo. Before you can run any numbers, you need an accurate current market value.

The fastest way to get a ballpark is with our free home valuation tool. It pulls real data from recent comparable sales in your neighborhood and gives you an instant estimate of what your home could sell for right now. For a more precise number, a licensed agent will do a full Comparative Market Analysis (CMA) but the online estimate is a great starting point.

Once you have that number, you're ready to run your real net proceeds.

Step 2 — Know What You Still Owe

Pull out your most recent mortgage statement and find your current payoff balance.  This is slightly different from your remaining principal because it includes any accrued interest. If you have a second mortgage, home equity loan, or HELOC, add those in too.

Your lender can give you an exact payoff quote at any time, usually good for 30 days.

Step 3 — Calculate Your Costs of Sale

This is where most sellers are caught off guard. Selling your home isn't free. Here are the costs you should expect to pay out of your proceeds at closing in Texas:

In Texas, sellers typically pay for the owner's title insurance policy.  This protects the buyer and is calculated using an official state rate schedule based on your sale price. On a $280,000 home, for example, that premium is around $1,845. It's a significant cost that many sellers don't anticipate.

Your property tax proration is another one that surprises people. In Texas, property taxes are paid in arrears.  Meaning you owe taxes for every day of the year you owned the home up to the closing date. That amount gets credited to the buyer at closing and comes out of your proceeds.

Step 4 — Run Your Numbers Before You List

Here's a real-world example of what the numbers might look like for a Laredo seller:

That's a big difference from the $120,000 in equity this seller thought they had, nearly $20,000 less. Knowing that number ahead of time lets you plan, whether that's deciding how much to put down on your next home, paying off debt, or simply knowing what to expect on closing day with no surprises.

What Affects How Much You Walk Away With?

Several factors can move your net proceeds up or down significantly:

📈 Things That Increase Your Net

• A higher sale price — even a $5,000 bump in price adds roughly $4,700 after commission
• Later closing date — fewer days of tax proration owed means more in your pocket
• Minimal seller concessions — repairs and credits negotiated away from the table stay in your proceeds
• Strong offer terms — a buyer offering more with fewer contingencies is often worth more than a slightly higher price with heavy demands

📉 Things That Reduce Your Net

• Deferred maintenance — buyers will ask for repairs or credits if the home has issues
• High mortgage balance — the more you owe, the less you keep
• Seller credits / allowances — common with FHA and VA buyers, these reduce your bottom line
• Early closing in the year — more days of tax proration to cover

Comparing Multiple Offers? Look at Net Proceeds — Not Just Price

This is one of the most valuable things an experienced agent helps you with. Offer A might be $5,000 higher than Offer B, but if Offer A asks for $4,000 in seller repairs, a home warranty, and closing cost assistance.  Offer B might actually put more money in your pocket.

Our Seller Net Proceeds Calculator lets you run multiple offers side by side so you can see the real bottom line on each one before you decide. It automatically flags which offer gives you the best net.  No guesswork involved.

When Is the Best Time to Sell in Laredo?

Timing matters, but not always in the way people think. The "best" time to sell is when your personal situation lines up with favorable market conditions. In Laredo, the spring and early summer months tend to bring more active buyers, but a well-priced home with strong marketing can sell in any month.

What matters more than the season is knowing your numbers before you commit. Use our free home valuation tool to see where you stand today, and then run your proceeds through the calculator to see if the timing makes financial sense for your situation.

Bottom Line

Your home equity tells you what you own. Your net proceeds tell you what you'll actually receive. Those are two very different numbers, and every seller deserves to know both before making one of the biggest financial decisions of their life.

At Texas Elite Realty Group, we walk every seller through this process before we ever talk about listing. No surprises at closing, just clear numbers, honest advice, and a plan that works for you.

Start with your free home valuation, then run your estimated proceeds through our Seller Net Proceeds Calculator. When you're ready to talk, we're here.

Ernie is a Licensed Real Estate Broker and Team Leader at Texas Elite Realty Group, 9902 McPherson Rd Unit 12, Laredo, TX. This article is for informational purposes only. Actual net proceeds will vary based on final sale price, loan payoff, lender fees, and negotiated terms. Consult with a licensed real estate professional for advice specific to your situation.

🏡 How to Sell Your Home for the Most Money in Laredo, TX

Selling your home in Laredo, Texas takes more than listing it online and waiting for offers. To sell for the highest possible price, you need the right pricing strategy, strong presentation, and local market expertise.

If you’re wondering how to sell your house for top dollar in Laredo, this guide breaks down what actually works in today’s market.

1. Price Your Home Correctly From the Start

Pricing is the single most important factor when selling a home in Laredo. Homes that are overpriced typically:

• Sit on the market longer

• Receive fewer showings

• Eventually sell for less than market value

A properly priced home attracts more buyers, creates urgency, and often leads to stronger offers.

💡 Local Insight: Online home value estimates don’t reflect neighborhood-level trends in Laredo. A professional comparative market analysis (CMA) provides the most accurate pricing strategy.

2. Focus on High-Return Improvements

You don’t need major renovations to increase your home’s value. Instead, focus on updates that buyers notice immediately.

Best Improvements Before Selling a Home in Laredo:

• Fresh neutral paint

• Updated light fixtures

• Deep cleaning (especially tile and grout)

• Landscaping and curb appeal

• Minor repairs flagged during showings

Avoid over-improving beyond your neighborhood’s price range.

3. Improve Curb Appeal to Make a Strong First Impression

First impressions matter. Many buyers decide how they feel about a home before walking inside.

Simple curb appeal upgrades include:

• Power washing walkways and driveways

• Trimming trees and bushes

• Adding fresh mulch or decorative rock

• Repainting or cleaning the front door

These small updates can significantly increase buyer interest.

4. Stage Your Home to Highlight Space and Flow

Staging helps buyers visualize living in your home. In Laredo, open layouts and functional spaces are especially appealing.

Staging tips:

• Remove excess furniture

• Declutter countertops and closets

• Maximize natural light

• Highlight outdoor living areas

Even light staging can lead to higher offers.

5. Use Professional Photography and Marketing

Most buyers search for homes online first. Professional photos and strong marketing help your home stand out.

Effective marketing includes:

• Professional photography

• MLS exposure

• Social media promotion

• Email marketing to buyer agents

• Strategic open houses

More exposure means more buyers — and better negotiating power.  (Professional photography is included with Texas Elite Realty Group listing agreement)

6. Understand Seller Costs and Net Proceeds

Selling a home in Laredo involves costs such as:

• Real estate commissions

• Title and escrow fees

• Possible repairs or concessions

Understanding your net proceeds before listing helps you price confidently and negotiate effectively.

7. Work With a Local Laredo Real Estate Expert

Every market is different. A local real estate professional understands:

• Neighborhood pricing trends

• Buyer behavior in Laredo

• Inspection and appraisal expectations

• How to negotiate for maximum value

Local expertise can make a significant difference in your final sale price.

⭐ Frequently Asked Questions About Selling a Home in Laredo, TX

How much is my home worth in Laredo, TX?

Your home’s value depends on location, condition, recent sales, and current market demand. A local CMA provides a more accurate value than online estimates.  Call an expert to get a detailed CMA today.

What is the best time to sell a house in Laredo?

Spring and early summer tend to see more buyer activity, but well-priced homes can sell year-round depending on market conditions.

How long does it take to sell a home in Laredo?

Most homes sell within a few weeks to a few months. Proper pricing and marketing can significantly reduce time on market.

Do I need to make repairs before selling?

Focus on cosmetic updates and obvious maintenance issues. Not all repairs are necessary, and some won’t increase value.

How much does it cost to sell a home in Laredo, TX?

Costs typically include commissions, title fees, and closing costs. The total depends on the sale price and contract terms.

Should I overprice my home to leave room for negotiation?

No. Overpricing often leads to fewer showings and lower final sales prices. Strategic pricing is more effective.

Can I sell my home in Laredo as-is?

Yes. However, proper pricing and presentation are critical to attract strong offers when selling as-is.

Do I need a real estate agent to sell my home?

While not required, working with a knowledgeable Laredo agent often results in higher sale prices and fewer complications.

📍 Thinking About Selling Your Home in Laredo?

Get a free home value analysis and a personalized strategy to sell your home for the most money in today’s Laredo market.

👉 Contact us today to get started.

Texas Elite Realty Group 

956-652-8692

The Benefits of Home Ownership in Laredo: Why Now is the Time to Buy

Owning a home is a dream for many, and if you’re considering taking the leap into homeownership in Laredo, now is a great time to do so! As your trusted real estate company in Laredo, we understand the value and long-term benefits of investing in a home. Whether you’re a first-time buyer or looking to upgrade, working with a knowledgeable REALTOR® from Texas Elite Realty Group can make all the difference in finding the perfect home for your needs.

Why Home Ownership is a Smart Investment

1. Build Equity Over Time Unlike renting, where your monthly payments benefit a landlord, owning a home allows you to build equity over time. This means that as you pay off your mortgage, you’re investing in an asset that can increase in value.

2. Stable Monthly Payments One of the biggest perks of buying a home is avoiding unpredictable rent increases. With a fixed-rate mortgage, your monthly payments remain steady, giving you peace of mind when budgeting for the future.

3. Tax Benefits Homeowners in Laredo can take advantage of tax deductions on mortgage interest and property taxes, helping reduce overall expenses and making homeownership even more affordable.

4. Personalization and Freedom Owning a home means you can customize and renovate to your heart’s content. Unlike renting, you have the freedom to make improvements, paint walls, and truly make the space your own.

5. A Stronger Sense of Community Homeownership allows you to put down roots in a community, build relationships with neighbors, and enjoy local events. Laredo offers vibrant neighborhoods with excellent schools, parks, and amenities that make it a fantastic place to live.

How a REALTOR® Can Help You Navigate the Process

The home-buying process can be overwhelming, especially if you’re unsure where to start. A professional REALTOR® in Laredo from Texas Elite Realty Group will guide you through every step, from finding the right property to negotiating the best deal. Here’s how we help:

✔ Understanding Your Needs – We take the time to learn about your goals, budget, and preferences to find homes that match your lifestyle.

✔ Market Insights – With in-depth knowledge of the Laredo real estate market, we provide valuable insights on pricing trends, neighborhood developments, and investment opportunities.

✔ Negotiation & Paperwork – We handle negotiations and paperwork to ensure a smooth and hassle-free transaction.

✔ Access to Listings as soon as they become available – Many homes receive offers as soon as they hit the market. Working with a  REALTOR® from Texas Elite Realty Group gives you access to these listings quickly and we do all the negotiations for you to ensure you get a great deal. 

Is Now the Right Time to Buy a Home in Laredo?

Absolutely! With growing demand and competitive mortgage rates, purchasing a home in Laredo now can set you up for long-term financial success. Whether you're looking for a starter home, a larger family house, or an investment property, our team is here to help you every step of the way.

Take the First Step Toward Homeownership Today!

Are you ready to explore the benefits of homeownership? Contact our real estate company today to connect with a top  REALTOR® in Laredo. We’ll help you find the perfect home and make your dream a reality!

📞 Call us at 956-652-8692
📩 Email: info@txeliterealty.com
🌎 Visit our website: https://www.txeliterealty.com/buying/

Let’s find your dream home in Laredo together!

Buying a brand new home can be an exciting prospect for many homebuyers. While there are many benefits to buying an existing home, a brand new home can offer several unique advantages that make it a great choice for many homebuyers. In this post, we will explore the benefits of buying a brand new home.

1. Customization: One of the most significant benefits of buying a brand new home is the ability to customize it to your preferences. Many builders offer different options for finishes, fixtures, and layouts, giving buyers the opportunity to design a home that meets their unique needs and style preferences.
2. Energy efficiency: Brand new homes are typically built to the latest energy efficiency standards, meaning they are designed to use less energy and save homeowners money on utility bills. They may include features like Energy Star-rated appliances, high-efficiency HVAC systems, and improved insulation, which can result in significant cost savings over the life of the home.
3. Low maintenance: Because everything in a brand new home is brand new, homeowners can expect to spend less time and money on maintenance and repairs. With modern materials and construction techniques, new homes are built to last and require less upkeep than older homes.
4. Warranties: Most new homes come with a builder's warranty, which provides coverage for any defects or issues that may arise during the first few years of homeownership. This can give buyers peace of mind knowing that any unexpected repairs or issues will be covered.
5. Safety features: New homes often include the latest safety features, such as fire-resistant materials, smoke detectors, and security systems. This can provide an added level of security and peace of mind for homeowners and their families.
6. Modern amenities: Finally, new homes often include the latest technology and modern amenities, such as smart home systems, high-speed internet, and advanced entertainment systems. This can enhance the overall living experience and make it easier to stay connected and entertained in the home.

In conclusion, buying a brand new home can offer many unique benefits, including customization, energy efficiency, low maintenance, warranties, safety features, and modern amenities. While new homes may come with a higher price tag, the long-term benefits and potential cost savings can make it a worthwhile investment for many homebuyers. If you are considering buying a new home, it is essential to work with a trusted Realtor® who can guide you through the process and help you find the perfect home to meet your needs and preferences.

Call me today to go over your options. 

Ernie Rendon, Broker

GRI, e-Pro, ABR

956-286-6692

Texas Elite Realty Group

https://www.txeliterealty.com/ernie-rendon/

On Saturday November 3rd, 2018 we will be hosting a Home Buying Seminar. 

On Saturday November 3rd, 2018 at 10:00 A.M, we will be hosting a FREE Home Buyers Seminar. This seminar is designed to navigate you through the home buying process by getting information from real estate professionals, mortgage representatives, home insurance representatives, new construction consultants, and credit repair specialists. We will answer any and all real estate questions to help you become an informed buyer.

Breakfast will be provided and Space is Limited.

Reserve your seat Here!

Move-In Ready Vs. Fixer-Upper: Which

One to Buy?

There is a lot to consider when you begin your search for a new home, including how

much work you want to put into it, how much you can afford, and where you want to

live.

There is also the crucial need to evaluate a new home based on your existing and future

lifestyle needs.

“Fixer-upper” and “Move-in ready” are two terms you are likely to come across when

searching for a home. Depending on who you ask, the interpretation of these two terms

can be different.

An experienced buyer would interpret the home to be move-in ready, while a novice may

consider the home a fixer-upper.

If you a reality TV fan, it’s likely you’ve seen a happy homeowner buy a fixer-upper

home and convert it into a dream home. Sure, some have happy endings. But for the

unlucky ones, the endings are rather sad.

A move-in ready home, on the other hand, is a home that is complete when you move in.

It’s also called a turnkey home. For people who don’t want to get into the trouble of

planning spaces and installing features and fixtures, it may be a good option.

So, which one should you buy? A move-in ready or a fixer-upper?

Before we answer that, Jim Oursler from Granite Foundation Repair , a foundation repair

company servicing the DFW area, shared some of the pros and cons you may face with

each option.

Pros of Fixer-Uppers

1. Design choices

A fixer-upper is essentially a blank canvas. You have the freedom to design the home

whichever way you want. Want a bold kitchen? You can do it. Want an open concept

floor plan? You can do that too.

Unlike a move-in ready home, a fixer-upper allows you to tailor your home to your

specific tastes. Although this means more work, this kind of design freedom can’t be

bought.

2. Tax savings

Property taxes and a home’s sale price go hand in hand. That is, if a home’s sale price is

high, expect the property taxes to be high as well. Since a fixer-upper costs less than a

move-in ready home, the taxes are usually low.

Fixer-uppers also allow you to claim an investment tax credit for renovation costs that are

qualified. Typically, this applies to historic homes listed with the National Register of

Historic Places.

3. Discounted prices

This is the number one reason why many people consider fixer-uppers as opposed to

move-in ready homes.

This is because they require work prior to being occupied. If you get a good home in a

nice neighborhood, understand the required renovations, and plan to move in a few years,

a fixer-upper can be a great option.

Cons of Fixer-Uppers

1. Extra work

Fixer-uppers require remodeling. As such, you’ll need to find a good contractor for the

remodeling project. You could also opt to get your hands dirty if you are the DIY type.

Demolishing a room, painting a bedroom or removing an old toilet may sound like a

chore, but some find this hands-on experience rather invigorating.

2. Extra time

Since fixer-uppers need extra work it means that you’ll have to wait for all the work to be

completed to move in. The remodeling process, oftentimes, can take anywhere from a

few weeks to several months depending on the scope.

If working with an expiring lease, this isn’t a good option. You’ll be better off choosing a

move-in ready home.

3. Unexpected complications

Surprises are common when it comes to fixer-uppers. That’s why it pays to do your

homework prior to buying one. You may initially think the home only requires a simple

kitchen or bathroom renovation only to realize later that the home’s foundation is faulty

as well.

Pros of Move-In Ready Homes

1. Energy efficiency

Newer homes are usually built with energy efficiency in mind.

2. Simpler financing

It’s easier to obtain a loan for a move-in ready home than for a fixer-upper. Of course,

there are other factors involved as well. For example, your residential income, down

payment, credit history and more.

3. Smooth transition

Unlike fixer-uppers, move-in ready homes are ready to be occupied once bought. There

are no removing of toilets, no demolishing, no painting and no maintenance required.

4. All the latest gadgets

Newer homes typically incorporate the newest innovations in technology and design.

Examples of those elements include hardwood flooring, open floor plans, barn doors and

walk-in closets.

In terms of technology, you can expect internet wiring and cable, speakers and alarm

systems.

Cons of Move-In Ready Homes

1. Architectural details

Newer homes lack the unique character that older homes have.

2. Restricted customization

A move-in ready home offers a little option for customization unless you want to get your

hands dirty or want to pay for a remodel.

3. Expensive

Newer homes are obviously expensive. If they weren’t, no one would ever buy a fixer-

upper.

So, should you buy a fixer-upper or move-in ready home? The answer is – it depends!

Your choice will depend on your own specific circumstances. Want to personalize your

home? Then choose a fixer-upper. Want to move-in immediately? Then a move-in ready

home is right for you.

Ernie Rendon

Realtor

Texas Elite Realty Group

www.MyLaredoHomes.com

10 Staging Secrets From the Pros for a Quick Home Sale at Top Dollar

According to the National Association of Realtors, staging a home prior to listing it can result in a faster and more profitable sale.¹ In fact, the Real Estate Staging Association estimates that professionally staged properties spend 73 percent less time on the market, receive more foot traffic, and typically sell for more money.²

Source: National Association of Realtors

Following are 10 tips you can use to get your home “show ready” prior to hitting the market. These easy and cost-effective ideas will help your house look its best—and help buyers visualize themselves living there. Even if you’re not currently in the market to sell, you can use these tactics to breathe new life into your existing home decor.

To get a plan customized for your particular property, give us a call to schedule a free consultation.  Our phone number is 956-422-3133.  We’d be happy to share our insider knowledge of the buyer preferences in your neighborhood … so you’ll know where to focus your time, money and energy to maximize your results.

Find out how much your home is worth right now!  Click Here!

1. REMOVE CLUTTER

Decluttering is typically the first thing we tell clients to do to prepare their home for sale. And according to the National Association of Realtors, a whopping 93 percent of agents agree.¹ Decluttering is the act of removing excess “stuff” from your home to make it appear clean and spacious.

Overflowing closets and cluttered countertops can make your house feel small and cramped. In contrast, sparsely-filled closets and clear countertops will make your home appear larger and assure buyers that there will be plenty of room to store their belongings.

Don’t neglect drawers, cupboards and even your refrigerator in your decluttering efforts. Serious buyers will check out every nook and cranny of your home, so pack up anything you don’t use on a daily basis and store it off site. The same goes for jewelry, sensitive documents, prescription medication, firearms and other items of value. Store them in a locked safe or storage unit before opening your property to buyers.

Make sure any items that remain are clean, tidy and well organized. The good news is, when it comes time to move, a large portion of your packing will be done!

2. DEEP CLEAN AND DEODORIZE

From carpets to bathrooms to appliances, having a clean home is a MUST. If you’ve ever checked into a dirty hotel room, you can imagine how buyers can be turned off by a home that hasn’t been thoroughly cleaned.

If you have a large home, or are short on time, you may want to invest in a professional cleaning service. And if you have carpet, we generally recommend you rent a steam cleaner or hire a company to clean your carpets for you.

In addition to cleaning, it’s equally important to neutralize odors in your home that can be off-putting to buyers, especially pet smells and cigarette smoke. If the weather allows, open your windows and let in fresh air. Empty the trash frequently, and especially before a showing. Avoid cooking any strong-smelling food such as fish or heavy spices. You may need to clean (or remove) drapes and upholstery if odors are particularly strong.

Try to keep your home in clean, show-ready condition while it’s on the market. You never know when a potential buyer will want to drop by for a viewing.

3. DEPERSONALIZE

Your family photos and personal mementos are often your most treasured possessions. For many of us, they are what make a house a home. However, buyers will have a hard time envisioning themselves living in a place if it feels like YOUR home.

Pack up any items that are personal to you and your family, such as photos, books, children’s artwork, travel souvenirs and religious items. Collectibles and excessive knickknacks can be distracting to buyers. Instead, keep your decor items minimal and generic to appeal to the largest number of buyers.

4. NEUTRALIZE YOUR COLOR PALETTE

Along those same lines, bold color choices may not appeal to all buyers. By incorporating a neutral color palette throughout your home, buyers can better visualize the addition of their own furniture and decor, which may contrast with your current color scheme.

But don’t limit yourself to white and beige. Incorporating earth tones and midtone neutrals—like mocha and “greige” (grey-beige)—can add a touch of modern sophistication to your decor.³

One of the quickest and most cost-effective ways to neutralize your home’s decor is with paint. Walls painted in dark, bold or bright colors can turn off buyers. A fresh coat of paint in a neutral color like greige (try Benjamin Moore’s Revere Pewter) or warm white (such as Kelly-Moore’s Rotunda White) offers a clean palette upon which buyers can visualize adding their own personal touches.⁴

If your sofa is worn, stained or has a bold pattern, consider purchasing a neutral-colored slipcover. Dated or overly busy window coverings should be taken down or replaced. Instead, bring in tasteful pops of color with throw pillows and accessories.

5. INCREASE YOUR CURB APPEAL

You only get one chance to make a first impression. According to a 2017 report by the National Association of Realtors, 44 percent of home buyers drove by a property after viewing it online but did NOT go inside for a walkthrough.⁵ That means if your curb appeal is lacking, buyers may never make it through the door.

Walk around your home and look for any neglected areas that might seem like “red flags” to buyers, such as missing roof shingles or rotted siding. Trim trees and shrubs if needed, and make sure your lawn and flower beds are well maintained. Add some colorful flowers to your front beds and/or flower boxes to brighten up your landscaping.

Make sure the exterior of your home is as clean as the interior. This can often be accomplished with a simple garden hose. But if your siding, walkway, or driveway are stained or dingy, you may want to rent a pressure washer.

Thoroughly wash windows and screens, and remove and store dark solar screens if you have them. Open shutters, curtains and blinds, which will not only make your house look more inviting from the outside, it will brighten the inside.

Consider a fresh coat of paint on your front door, trim and shutters. And small, cosmetic improvements like new house numbers, a colorful wreath and a clean front doormat can have a big impact.⁶

6. FRESHEN KITCHENS AND BATHS

Kitchens and bathrooms will show better and appear larger if all items are cleared from the countertops, except for one or two decorative pieces.⁷ You should have already packed up non-essentials during your decluttering process, and the remaining items should be neatly stored in pantries and cupboards.

If your cabinets are dingy or outdated, adding a fresh coat of paint and new hardware is an easy and inexpensive way to make them modern and bright. Consider purchasing new shower curtains, bath mats and towels for the bathrooms and new dish towels for the kitchen.

Before each showing, make sure kitchens and baths are spotless and trash cans are empty and out of sight. To add a comforting aroma, try baking cookies, or in the fall, simmer some cinnamon sticks and cloves in a pot of water before you leave the house. In the spring, try a vase of fresh cut lilacs.⁷

7. SET THE TABLE

Buyers often imagine hosting family gatherings in their new home, and the dining room plays a large role in that vision. If your dining room chairs are stained or outdated, you may want to recover them or use slipcovers. In most cases, an imperfect table can be camouflaged with a neutral and stylish tablecloth.

Be sure the table is centered underneath the chandelier and on the area rug if you’re using one. If your dining room is small, remove all other furniture and leave only four chairs.⁸

Dress up the table using nice tableware and cloth napkins or a table runner and centerpiece. For a long table, try lining up a series of small vessels down the middle.

8. REARRANGE FURNITURE

Start in your living room and think about what you want to emphasize (and de-emphasize) about the space. For example, do you have a beautiful fireplace or a stunning view? If so, arrange the furniture with that focal point in mind. Use a symmetrical seating arrangement to create a cozy conversation area adjacent to the focal point.

If the room is small, consider removing some of the furniture to make it feel larger, especially oversized pieces. That includes oversized television sets, unless it’s a designated media room. Pulling furniture away from the wall can make the room feel more spacious, and placing your largest furniture piece in the far-left corner (as opposed to near the entry) can create the illusion of a larger space.⁹

For small bedrooms, remove all the furniture except the bed, bedside tables and a dresser. If it’s a large room, add one or two chairs and a table to create a seating area. Place lamps on the bedside tables and seating area if you have one.¹⁰

Make sure each space in your home has a clearly defined purpose. For example, if you’ve been using an extra bedroom as a catch-all storage space, stage it as a guest room or office instead. Turn an awkward alcove into a workstation or a reading corner. Help buyers imagine how they could use the space themselves.³

9. LIGHTEN UP

Lighting can have a drastic impact on the look and feel of a home. Few buyers seek out a dark house; most prefer one that’s light and bright. Make sure windows are clean, and open curtains and blinds to let in the maximum amount of daylight.

Each room should have three types of lighting: ambient (general or overhead), task (such as a reading lamp or under-cabinet light), and accent (such as a floor or table lamp). Aim for a goal of 100 total watts per 50 square feet.¹¹ If your mounted light fixtures are dated, replacing them with something more modern is an easy and inexpensive upgrade that can have a big impact.

Strategically placed landscape lighting can add a dramatic effect to your home’s exterior. Welcome evening visitors with a lighted walkway, or use a spotlight to accentuate trees or other landscaping features. Solar lights require no wiring; simply place them in a sunny spot and they will turn on automatically at dusk.

10. HIGHLIGHT YOUR BACKYARD’S BEST FEATURES

While your home’s interior often takes center stage, don’t forget about staging your home’s outdoor areas to help buyers imagine how they could utilize the space.

Even a small patio can become a selling feature with the addition of a cafe table and chairs. Add a tray of plates and coffee cups to help buyers envision a peaceful breakfast on the back porch. Place chairs and wine glasses around an outdoor firepit or hang a hammock with a book in your favorite shady spot.³ These small, simple additions can help buyers visualize the possibilities your backyard has to offer.

BEFORE YOU GET STARTED

If you’re in the market to sell your home, this list provides a great starting point for your preparations. But nothing beats the trained eye and expertise of a real estate agent. Before you do any work, we recommend consulting a professional for advice about your particular property.

We offer free, no-commitment seller consultations and will walk through your home with you to help you assess which projects and upgrades are worth your time and money, and which ones you can skip.

As local market experts, we are intimately familiar with buyer preferences in your area. We’ll run a comparative market analysis to find out how your home compares to others currently on the market, as well as those that have recently sold. Then we’ll tailor a custom plan to suit your particular property, budget and needs.

Please call or email us today with questions or to schedule a free consultation!

Sources:

1.     National Association of Realtors –
https://www.nar.realtor/sites/default/files/migration_files/reports/2017/2017-profile-of-home-staging-07-06-2017.pdf

2.     Real Estate Staging Association –
http://www.realestatestagingassociation.com/content.aspx?page_id=22&club_id=304550&module_id=164548

3.     Houzz –
https://www.houzz.com/ideabooks/2661221/list/sell-your-home-fast-21-staging-tips

4.     HGTV –
https://www.hgtv.com/design/outdoor-design/landscaping-and-hardscaping/10-curb-appeal-tips-from-the-pros-pictures

5.     National Association of Realtors –
https://www.nar.realtor/sites/default/files/reports/2017/2017-home-buyer-and-seller-generational-trends-03-07-2017.pdf

6.     The Spruce –
https://www.thespruce.com/must-try-neutral-paint-colors-797983

7.     HouseLogic –
https://www.houselogic.com/sell/preparing-your-home-to-sell/home-staging-checklist/

8.     StageMyOwnHome.com –
http://www.stagemyownhome.com/staging-the-dining-room.html

9.     Realtor.com –
https://www.realtor.com/advice/sell/small-living-room-staging-tricks/

10.   SFGATE –
http://homeguides.sfgate.com/stage-master-bedroom-34573.html

11.   HGTV –
https://www.hgtv.com/shows/designed-to-sell/15-secrets-of-home-staging-pictures

Some Highlights:

• Many buyers are purchasing a home with a down payment as little as 3%.
• You may already qualify for a loan, even if you don't have perfect credit.
• Take advantage of the knowledge of your local professionals who are there to help you determine how much you can afford.
• We have access to programs that can help you qualify for assistance with the down payment.
• Call us today to get started 956-422-3133 

~Texas Elite Realty Group

Real Estate Agents in Laredo, TX

www.MyLaredoHomes.com

5 Reasons to Hire a Real Estate Professional When Buying or Selling!

Whether you are buying or selling a home, it can be quite an adventurous journey. This is why you need an experienced real estate professional to guide you on the path to your ultimate goal. In this world of instant gratification and internet searches, many sellers think that they can For Sale by Owner or FSBO.

The 5 reasons you NEED a real estate professional in your corner haven’t changed, but have rather been strengthened by the projections of higher mortgage interest rates & home prices as the market continues to pick up steam.

1. What do you do with all this paperwork?

Each state has different regulations regarding the contracts required for a successful sale, and these regulations are constantly changing. A true real estate professional is an expert in his or her market and can guide you through the stacks of paperwork necessary to make your dream a reality.

2. Ok, so you found your dream house, now what?

There are over 180 possible steps that need to take place during every successful real estate transaction. Don’t you want someone who has been there before, someone who knows what these actions are, to make sure that you achieve your dream?

3. Are you a good negotiator?

So maybe you’re not convinced that you need an agent to sell your home. After looking at the list of parties that you will need to be prepared to negotiate with, you’ll soon realize the value in selecting a real estate professional. From the buyer (who wants the best deal possible), to the home inspection companies, to the appraiser, there are at least 11 different people who you will need to be knowledgeable of, and answer to, during the process.

4. What is the home you’re buying/selling really worth?

It is important for your home to be priced correctly from the start to attract the right buyers and shorten the amount of time that it’s on the market. You need someone who is not emotionally connected to your home to give you the truth as to your home’s value. According to a study by Collateral Analytics, FSBOs achieve prices significantly lower than those from similar properties sold by real estate agents:

“FSBOs tend to sell for lower prices than comparable home sales, and in many cases below the average differential represented by the prevailing commission rate.”

Get the most out of your transaction by hiring a professional.

5. Do you know what’s really going on in the market?

There is so much information out there on the news and on the internet about home sales, prices, and mortgage rates; how do you know what’s going on specifically in your area? Who do you turn to in order to competitively and correctly price your home at the beginning of the selling process? How do you know what to offer on your dream home without paying too much, or offending the seller with a lowball offer?

Dave Ramsey, the financial guru, advises:

“When getting help with money, whether it’s insurance, real estate or investments, you should always look for someone with the heart of a teacher, not the heart of a salesman.”

Hiring an agent who has his or her finger on the pulse of the market will make your buying or selling experience an educated one. You need someone who is going to tell you the truth, not just what they think you want to hear.

Bottom Line

You wouldn’t replace the engine in your car without a trusted mechanic. Why would you make one of the most important financial decisions of your life without hiring a real estate professional?

~Texas Elite Realty Group