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What's A Real Estate Trust

What's A Real Estate Trust?

What Is A Real Estate Trust? Should You Have One?

Buying a home can be an incredible experience. It is both an investment and an important step. However, people are many times confused when considering the pros and cons of creating a trust agreement when purchasing a home.

Here we will go deeper, covering the most important aspects of a legal trust, and simplifying them in a way everyone can understand. Learn how a trust works, and some ideas on how it can protect your real estate investments.

What Is A Trust?

Most people who want to buy a home in Granbury Subdivisions or acquire assets ask this question. A trust is a legal agreement between three parties—the trust founder, trustee, and the beneficiaries, and often drafted by an estate planning attorney or qualified financial advisor.

In this agreement, the trust founder hands over his or her properties to the trustee so the trustee can manage the assets for the benefit of the beneficiaries. In most cases, the recipients are usually the kids of the trust founder. Some founders add other beneficiaries such as schools and communities.

Most people fear putting their properties on a real estate trust because they feel the paperwork and tax can be expensive. It can be expensive to maintain tax for two entities—the asset and the trust. However, it can also be ideal if you plan to acquire more assets in your life. They can all be managed under one roof.

Before buying a home via a trust, it would be ideal...

Secret Staging Tips

Secret Staging Tips

Secret Staging Tips Buyers Will Love

Do you want all the people who come to the open house to feel like your space is the right size for his or her family? Of course, you do. Knowing the best ways to stage the most popular room for gathering and having long conversations can help you get top bids for your homes for sale.

Center your seating area in the room

Sofas and chairs do not have to sit along the wall. While open floor space is excellent for opening up a room, it is not always functional for times when your family wants to have a talk, divvy up chores, or play a board game. By putting couches, chairs, and loveseats in the middle, you can use a rug, decorations, and multi-purpose furniture to keep travel paths open.

Use symmetrical designs

Better Homes and Gardens says using pairs of items makes your room have a sense of organization. To accomplish this task, it works well when you pick a focal point.

Face furniture towards similar pieces to create a natural conversation zone. Then, use matching tables, decorations, and curtains to balance the design.

Use items with backs and seats only

Forbes says that tight spaces are easy to open up with couches and chairs with no arms. Picking furniture that is open gives larger families the room to climb over each other to get to a favorite spot, tickle younger members, or find room to stretch out during a long movie. Using these styles can make any room look and feel welcome at the showing.

Bring in the light

Opening...

6 Tips For Home Buyers

real estate buying tips

6 Home Buying Tips for This Real Estate Market

While the prospect of becoming a homeowner is exciting, navigating the current real estate market can be challenging. Even if you have purchased a home in the past, changes in the market quickly come and go. What may have worked in the past may not work in today's market. .

While the increase in home sales may seem promising for housing market investors, the news may not be quite as ideal for prospective buyers with modest means. With homes becoming harder and harder to find due to the booming sellers' market, the already difficult home-buying experience may be getting more demanding. However, that does not mean you should give up on your dream of owning a home. Stay ahead of the curve with the following tips about purchasing a new home in this real estate market.

Find a Trustworthy Real Estate agent

You do not have to go through the purchasing process on your own. An experienced real estate agent will...

Has Real Estate Blogging Gone Too Far?

Has Real Estate Blogging Gone Too Far?

Real Estate Blogging

The real estate game has shifted and morphed over the years, heated and always moving. The unpredictability of the game can be largely attributed to the technological leaps and bounds achieved in the last few decades.

These days, anyone that wishes to have a voice can get their word out with a few strokes of the keyboard and a click of the mouse. In 2018, information is plentiful and readily available. Unfortunately, it would appear that the surge in quantity has allow the writing quality as a whole to languish.

Saturation in real estate blogging has become a real problem, to the point that its long term effects have been felt in the market at large.

WHY IS IT LIKE THIS?

1. IT'S A FREE FOR ALL

The saturation in the real estate blogging market is partially in part due to the fact that anyone and everyone can stick their digital foot in the door of this fine establishment. While it is great to know that accessibility is on the rise for this growing institution, it is an unfortunate fact that more and more articles written by people have little to no understanding of the intricacies of the field.

2. NOT ONLY THAT, NO ONE FACT CHECKS

As a further example of the consequences of the internet and online sphere being such a double-edged sword, there has been a disturbing lack of fact-checking and conformity to facts. This general...

Housing Demands Biggest Drop In 2 Years

Housing Demands Biggest Drop In 2 Years

Housing Demand Sees The Biggest Drop In 2 Years

The U.S. housing market has been a puzzle these last few years. Many urban centers, particularly metropolitan areas on both the East and West Coast, have seen drastic demand increases and tight supply, leading to housing markets as overheated as the housing bubble that predated The Great Recession.

Other urban areas, particularly in the Midwest, have seen small price increases, while smaller cities and rural areas outside the huge growth zones have been flat. The unevenness of the post-recession recovery seems to indicate that location has become a more primary driver of home prices than before.

Just comparing housing costs in high-flying places like San Francisco and Boston to low flyers like Atlanta bear out this hypothesis. Jobs and desirability play a role. Cities like Boston, Seattle, and San Francisco are uber popular and offer high-paying jobs. They also have limited room to grow. Cities like Granbury's subdivisions and Atlanta's subdivisions have bigger housing supplies and room to spread. They are also not the hotspots of the Millennial generation.

Housing Prices Rise Despite Market Headwinds

Still, the massive increases in housing costs in many urban areas defies logic. In hot markets, many a real estate agent have grown accustomed to seeing 10 to 15 offers on a single property. ...

Where Is The Housing Market Going?

Housing Demand Sees Biggest Drop in 2 Years

 

The U.S. housing market has been a puzzle these last few years. Many urban centers, particularly metropolitan areas on both the East and West Coast, have seen drastic demand increases and tight supply, leading to housing markets as overheated as the housing bubble that predated The Great Recession.

Other urban areas, particularly in the Midwest, have seen small price increases, while smaller cities and rural areas outside the huge growth zones have been flat. The unevenness of the post-recession recovery seems to indicate that location has become a more primary driver of home prices than before.  

Just comparing housing costs in high-flying places like San Francisco and Boston to low flyers like Atlanta bear out this hypothesis. Jobs and desirability play a role. Cities like Boston, Seattle, and San Francisco are uber popular and offer high-paying jobs. They also have limited room to grow. Cities like Granbury, Texas and Atlanta, Georgia have bigger housing supplies and room to spread.  

Housing Prices Rise Despite Market Headwinds

 

Still, the massive increases in housing costs in many urban areas defies logic. In hot markets, many a real estate agent have grown accustomed to seeing 10 to 15 offers on a single property. Bidding wars are common in major metropolitan cities all across the nation.

...

Bathroom Tile Designs of 2018

Popular Tile Designs of 2018

 

Do you have a home you’re thinking of selling? Are you an investor who buys properties and remodels them to provide better options for homebuyers? One way that you can make sure that your home is attractive to potential buyers is to add a fashionable design in the bathroom or kitchen.

Since the kitchen is more expensive to renovate, it makes more sense to upgrade the bathroom when you are planning to resell the property. We found five trending bathroom styles that you may want to consider using to boost interest and possibly spark a bidding war for your next home for sale.  

Antique Bathrooms Create Appeal For All Ages

 

To figure out the tile that will work the best in your bathroom, you may want to consider the fixtures and accessories that you will put in the design. For instance, if you plan to add a cast iron tub, then you want something that will complement the main feature.

Since the tub is a solid color, you can choose a bold tile pattern like a bright, daisy mosaic on the floor to give the room great appeal. Thin, horizontal accent tiles that line the shower are a popular retro choice. Any handmade tile is especially useful in vintage designs because each piece looks worn and old even though it is new.

...

Maintenance Tips Before Winter Hits

Before Winter: Home Maintenance Tips

When you own a home, you know that there is a certain amount of work that you will do during the year to keep the property in shape and safe. Whether you replace a frozen water pipe, fix a leaky roof, or replace broken siding, everything you do will help you keep the current value of your property.

Staying in your house or prepping your home to sell will not affect your maintenance schedule. We talk about six of the most critical home checks and repair tips you may want to add to your home maintenance to-do list

Check and repair your sprinkler system

This should be at the top of your list for maintenance before winter arrives. Walk the yard and check any visible part of the system making sure that the valve heads are upright, free of debris, and without damage.

Then, inspect your watering mechanisms by using the manual valves to turn on the sprinkler heads one by one. Brush out any sprinkler that has a clog. Check the timers and be sure that the water is reaching the areas you want it to get.

For issues like ponding or problems with even pressure, you may need to contact your sprinkler installer to check for underground damage.  

Block out the heat to reduce energy costs

Since the summer months can get extremely expensive when you count in water charges to fill the pool, run the sprinklers, and cool...

Looking Back 100 Years

Architecture & Design Of Single Family Housing

Single family home ownership has been part of the American heritage for over 100 years. Prior to the early 1900s, it was not unusual to find multiple families living under one roof. But, as America began to flourish, the ability to buy a home, the need for comfort and individuality brought a host of new home designs for one family housing.  

46.5% of Americans owned their own homes in 1900. This number had risen to 53% by 1950. Today, it is estimated that nearly 63% of all Americans are homeowners. This percent when continue to rise as new real estate technology allows for more modern, efficient, and affordable homes with new ways of purchasing them. Here is a snapshot of how the architecture and design of homes has evolved in the past 100 years.  

1900-1920

By the beginning of the 20th century, Americans had started to create their own designs of single family housing, apart from the imported Greek, Roman and other historical styles with their rectangular shape, gabled roofs and columns. Craftsman style bungalows with large front porches, dormers and low pitched roofs that covered 1-1 1/2 stories.

Simple bungalows lacked the exterior exposed wood and were not as defined in detail, but became popular as low-cost quality housing.   There were still plenty of Victorian homes going up, mostly in southern states. Areas like Savannah, Georgia and Birmingham, Alabama were still being built, but on a much smaller scale...

Blockchain: Coming Soon To Real Estate

Coming Soon to Real Estate Near You: Blockchain!

Blockchain technology is one of the hottest topics in the business world today. While many consumers are familiar with cryptocurrency, they may be less familiar with blockchain's other applications. As a distributed, secure, and open ledger, blockchain can change the way we do business in any industry. Blockchain has several features that make it a particularly strong fit for the real estate industry, especially regarding title examination and recording.

TITLE EXAMINATION

When you buy a home, your Realtor will work with a title company to ensure that you receive a clear title. The first step in this is a title examination. The title company will search the county Recorder of Deeds' records for records pertinent to the property you're purchasing. They will verify that the current owner has a clear title, and will identify any existing liens (such as mortgages, HOA dues, or property taxes) that need to be satisfied before a clear title can be transferred to the new owner, as well as identifying rights of third parties to the property (such as easements for utility lines). This is a time-consuming process, with a large potential for costly errors. The records are often incorrectly indexed, and often require use of a patchwork of various databases. Documents can go missing or copies can be destroyed. Fraud is a common problem; the FBI has referred to mortgage fraud as one of the fastest growing sectors of white collar crime. Real estate technology, particularly in the area of title examination, has certainly come a long way in the information age, but ultimately, real property records are maintained the same way today as they were in the colonial era.

BLOCKCHAIN TITLE TRANSFERS

Blockchain...

How Self Driving Cars Will Affect Real Estate

Real Estate And How Self Driving Cars Will Affect It

  Everyone is affected by the real estate market in one way or another. It’s something we all should understand. Everyone needs a place to live. Many people will buy a home. Others will invest in real estate as part of their fiscal portfolio. Some people may specialize in commercial real estate while others focus on the residential real estate market. In any case, most people pay close attention to the real estate market. Understanding the factors that may be influencing the housing and commercial real estate markets at any given moment, as a real estate agent can tell you, is crucial. People need to know housing values in case they need to move and need to prepare to sell their home quickly. Investors also need to know what factors may influence the housing markets as they rent properties, buy a home or make improvements to their existing portfolio of properties.

Location Has Been Highly Important

Traditionally, many factors have influenced the price and desirability of any given piece of property. In general, the most important factor of all is that of the property's location. Real estate agents tell clients that everything can be changed but the property's location. The location has been traditionally the single most important factor when it comes to setting a price. A good location is usually located in an upscale neighborhood with lots of amenities. The good location will typically include easy access to many transport networks, public parks and an area with a low crime rate. A less than desirable location is usually one that has certain kinds of drawbacks....

Six Tips For Preparing To Sell Your Home

6 tips for preparing your home to sell

Six Simple Tips for Preparing to Sell Your Home

We've all seen the Real Estate TV shows with potential buyers walking through picture-perfect homes for sale, critiquing every corner. This isn't just scripted TV episodes -- nowadays with HGTV and Pinterest lingering in the back of their minds, buyers really do expect a home to meet their standards in every sense of the word. Preparing for your house to be sold can seem like an insurmountable task, but if you tackle each goal one by one, you'll have a show-ready home in no time flat!  

Remove Clutter

  The first step to preparing your home to put on the Real Estate market is cleaning up and decluttering. Now is the time to purge if you plan on doing so. Making boxes for donations is a great way to clear your house of unwanted items. If you don't plan to purge, consider getting an off-site storage unit to store unneeded items while you're showing your house.   If you have kids, this part can be tough since kids, especially babies and toddlers, have a lot of big toys and equipment. Make smart decisions on what to store, donate, and keep out. It may be best to do this while your children are away from the home with a sitter or at school. Be sure to keep their absolute favorites, though. Buyers are usually understanding when they realize that kids live in the home.   Don't forget to clean all countertops off in the kitchen and the bathrooms. If you have various items that you use frequently, like toothbrushes and toothpaste, make a basket to go underneath the sink that...

Things to Do in Granbury TX

10 Ideas to Get You Out of the House and Enjoying Granbury, TX

If you are like the rest of us, you are tired of the chilly temperatures and ready to head outside for some fresh air and entertainment. There are dozens of local events each week near homes for sale in Granbury TX. We think that you will find several opportunities on our list to get out and have some fun.

 things to do in Granbury

The Spring Art Show

Exhibit dates: All Sundays in April from 1:00 p.m. to 4:00 p.m.

Lake Granbury Art Association

224 North Travis Street

Granbury, TX 76048

817-579-7656

 

Admission is free. The exhibits are all by local artists. Each item is up for purchase.

 

Bluegrass Jamboree Festival

 

April 5, 6, and 7, 2018

Oakdale Park

 

1019 Northeast Barnard Street

Glen Rose, TX

254-897-3081

 

Admission on April 5, 2018, is $15 per person. On April 6 and 7, 2018 the price goes to $25 each. A three-day pass is available for $55. Children under the age of 16 get in free. Several bands are playing including Catahoula Drive, Mark Phillips & IIIRD Generation, and the Jeff Robertson Band.

 

Bridal Show

 

April 8, 2018

11:00 a.m. to 3:00 p.m.

The Pavilion at Plaza East

 

121 Cleveland Road

Granbury, TX 76048...

10 Easy Ways to Add Curb Appeal

Adding Curb Appeal

According to Realtor, homes for sale in Granbury TX are averaging a median listing price of just over $240,000 for a single family home. To make sure that you get as much as you can out of your listing, we recommend beautifying your yard and upgrading the design to give your home a charming style and welcome feel. Visitors to your open house will appreciate a fresh design that invites them inside. Many of the tips cost less than a hundred dollars too!

New house numbers

You want to go big and eye-catching with your new address, says Houzz. You can use a wide range of media to find a design that matches the style of your house. For instance, industrial items like metal pipes and copper numbers work great for a modern home where hand-carved numbers with a nice coat of paint or stain would be better for a cottage or ranch style home.

Plant a shade tree

DIY says that planting a tree or two is a fast way to make your home look stunning. A large tree is an excellent source of shade in the summer months helping to keep your home cool. Consider planting two trees to create a symmetric design or to frame your home.

Paint, paint, and paint

While you are updating your home and painting the exterior trim and porch, you...

Can You Be-Leaf It's Gutter Maintenance Time Again?

Standing under the giant gold umbrella of foliage that covered your majestic shade tree this fall was like wandering into a painting, but now that the leaves have all fallen and the stately guardian is beginning its winter rest, it’s time to consider the clean up. You’ve already mulched the leaves on the lawn, but that’s only the beginning. Your gutters were also gracious receptacle of those golden flags — they’re going to need a good cleaning to keep working like they should.

Getting the Muck Out

There’s no easy way to say this, so I’m just going to come out with it. All that gross, grimey stuff in your gutters has to go and there’s not really a hands-off way to do this that’s both safe and reliable. The very best way to clean your gutters is still to don some work gloves, mount a ladder and use a garden trowel to scrape out all the detris that’s accumulated since the last time you or the former owner of your home did this vile task.

Try very hard to not push any of that debris down into the downspouts. Once inside the downspout, that mess of rotting leaf matter can turn into the most epic clog you can imagine, requiring a Herculean effort to extract. That is not what you want to spend doing this weekend. Instead, start at the downspout and work toward the middle of the gutter, and then repeat on the other side if it also has a downspout.

You can toss the mess into a bucket you’ve carefully hung from your nifty ladder, lay a tarp down to catch whatever you toss on it or have a friend on the ground who gets to be the unlucky bearer of the compost pail. Just try to get most of the muck in the container or he won’t come back to help you fix that chimney cap.

Once all the muck’s cleaned out, you should then run a hose to rinse the silty deposits out of the bottom of the gutters until they shine. This will also show you if there are any leaks or sagging spots that need to be addressed right away. Your gutters...

Getting Your Garden and Landscape Ready for Winter

There’s nothing quite as solemn as watching the garden and landscape start to wind down for a long winter’s rest. It’s part of the never-ending cycle of nature — and landscaping chores — that you’ll find yourself participating in as a homeowner. Shed a small tear for the beauty of the cycle, then head out to the garage because you’ve got a lot of work to do to get your garden and landscape ready for winter.

Ready? Here we go!

Begin at the Beginning

Every landscape and garden is different, but it can be generally agreed upon that your landscape consists of some kind of turf (grass), some shrubs or small trees, maybe a large tree, annuals, perennials, bulbs, a garden spot and potted plants. Give or take. All of these guys are competing with you for attention as fall turns to winter — they’re screaming your name, in fact. But you can’t tend them all at the same time, which is why you need to make a plan of attack before you ever start.

Things that absolutely have to be done before it frosts for the first time include:

  1. Bringing tender potted plants indoors.
  2. Covering tender outdoor plants.
  3. Mulching everything you’d like to see next year.
  4. Saying good-bye to the rest.

You can wait until there’s a freeze warning in effect to handle chores like:

  1. Digging bulbs.
  2. Turning over the vegetable garden.
  3. Trimming away dead material from trees and shrubs.
  4. Mowing the grass one last time.

Although we’d never advocate that you wait until the last minute to do any of these chores, we also know you’re probably pretty busy, so it makes more sense to let you know what the deadlines really are. With this information in hand, you can start planning your attack.

Mulching 101

One of the most important things you’ll do when you’re putting your landscape to bed is applying mulch to it. “How...

What You Should Know About FLOOD INSURANCE

Why Should You Get Flood Insurance in Granbury?

In the United States, the average price of flood insurance, nation-wide, is around $600 per year. There are major differences in those prices depending on the state and flood zone in which you live. And there are even certain areas and flood plains where, in order to get a mortgage, you are likely going to be required to purchase flood insurance.

Flood Insurance for a Mortgage

Many areas within Texas are Flood Zone A.  Flood Zone A means that your mortgage company will require flood insurance on your new home.  When purchasing your home, your REALTOR will let you know if flood insurnace is required.  Your mortgage broker will be required to include your first year of flood insurance on your closing statement. 

  • But what if you aren’t required to have flood insurance?
  • Should you spend that extra money every year to have that insurance? What if the area you have lived in has never flooded?
  • What if you do take out a flood insurance policy and live in your home for 35 years, and it never floods?
  • What if, what if, what if?

Homeowners Insurance

These are all questions to consider. It’s pretty much guaranteed that you’re going to have to have a Homeowner’s Insurance plan, which unfortunately is not going to cover water damage from a flood. And even more unfortunately, flood damage can cost tens of thousands of dollars, and possibly more depending on the level of destruction. How much water, how long was it in the house, etc?

Damage From Flooding

In order...

Mice Can Affect Home Sales

DONT LET MICE DERAIL SELLING YOUR HOME

mice can affect home sales

Selling a home infested with mice is not a pleasant experience for anyone, well besides the mice.  Imagine the perfect, approved Buyer comes in and a couple of mice scurry past, deal off! Also, if found during an inspection a costly remedy will be required, and a financial burden on the seller.

MICE, MICE, Oh My!

Homeowners experience an increase in mice as unwelcome house guests during the Fall and Winter, but here in Granbury it can be a year-round occurrence. Homes in Granbury have a much higher chance of infestation than homes in other parts of the country. In fact many homeowners do not even know the little critters have set up house until it is too late for a simple mouse trap to do the trick.  

Just during the winter months alone, mice and their other rodent counter-parts will share a home with an estimated 21 million homeowners in the United States.  Typically, mice are looking for food, shelter from the elements (hot & cold), and water.  The extreme summer heat in Texas will send the mice into homes thirsty, hungry and looking for a cool place to nest.  Mice populations increase at an alarming rate, especially when they are nice and cozy inside a homes walls and/or attic space.  

Mice Will Find A Way

If you have ever noticed mice droppings on top of things, and thought to yourself “how in the world did they get up there?” well, you would be surprised.  They are able to crawl up brick walls, into openings...

Buyers Turn Their Nose Up At Smelly Houses

bad smells deter home sales

Take a Whiff Before You List

If you are planning to put your home in Granbury on the market, you have most likely looked around for things in your home that need cleaned and repaired.  You have freshened up your landscaping and added color to your curb appeal.  As diligent as you have been in getting your home ready, be sure you did not overlook the smells that linger in your home just from your day to day living.

Odors that buyer’s find most offensive:

    • Pets
    • Litter boxes
    • Strong Air Fresheners/Candles
    • Lingering Smells Of Certain Foods With Strong Spice Odors
    • Mildew/Dampness
    • Tobacco Smoke
    • Garbage Not Removed From The Home
    • Gym Equipment Left Out
    • Dirty Laundry
    • High Efficiency Washers That Begin To Smell

How Can You Eliminate These Odors:

Pets

You should consider having pets kenneled or at the least, removed from the home during showing appointments.  Keeping dogs bathed and carpets cleaned to remove the smell of your furry friends.  Move litterboxes to an exterior area, but if you cannot do that, then change the litter daily.  Consider using a more expensive type of litter and litter box that ensures to control odor from your felines elimination.trong Air Fresheners/Candles

Just do not use them.  Home buyers can tell when a strong scent of these air fresheners is present and assume it is to cover up an offensive odor. ...

Texas Comes In At Number One For Largest Growth

texas real estate ranks number one

Nationwide Study Ranks Texas #1

According to U-Haul migration trends reports, Texas is the #1 growth state for 2016.  With U-Haul being the company that provides transportation for people moving and relocating, they have an undeniable interest in understanding the trends for where people are moving to. This is great news for Texas Real Estate with a spotlight on Granbury homes.

Big Moves for Texas

The state of Texas has become much more popular destination since 2015 when they ranked number 39 on the same U-Haul report.  When looking at year over year U-Haul truck rentals coming into Texas they have risen 4% since 2015.  What makes the statistic even stronger is the fact that departures leaving Texas stood steady; showing a pretty dramatic influx of new homeowners into Texas.

How U-Haul Calculates

The states that make it to the top of the list are the ones that show the largest net gain of one way truck rentals in the state, as opposed to leaving the state.  These statistics are gathered from at least 1.5 million one way truck rental transactions yearly.  It is acknowledged that the migration statistics may not directly correlate to population growth, but is utilized as a very effective metric of how well cities are attracting new homeowners.

Texas Cities That Moved The Needle

Thanks to areas such as Austin, ...