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Phone: 979-693-0201 Email: [email protected]

Myke Leatham | Brazos County Realty

Myke Leatham | Brazos County Realty

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Ten Things to Know When Buying a Home

April 4, 2014 by Myke Leatham

Whether you’ve just started to explore homes in College Station Texas or have been looking for a while with no luck, there are a few things to know when buying a home in College Station or anywhere in Texas that will help you through the process. As a local real estate professional with more than two decades of experience helping search through the homes for sale College Station Texas offers, I’ve put together this list of “Ten Things to Know When Buying a Home” to help you stay on track and focused throughout the home buying process. Let’s take a look!

1. Get your financing in order. Given tighter lending practices and a competitive buyers’ market, it is important to have all your ducks in a row so you’re ready to buy when you see the right home. The seller wants to know that if they do accept your offer, that barring any catastrophic issues, the deal is going to go through. You can put their minds at ease by providing a Pre-Qualification Letter from your mortgage lender showing that you are indeed qualified for the amount you are offering. Furthermore, you may find out that there are steps you need to take to clear up credit issues or to make yourself more attractive as a buyer. It is always recommended that you talk to a finance professional or mortgage lender first!

2. Understand your time frame. If you’re a “short-term” buyer, meaning you’re purchasing a property as an investment, you may buy with a different set of characteristics than a “long-term” buyer that is planning on staying in a particular home for decades. For example, a short-term buyer may be interested in investment or flipping potential of homes in College Station Texas, while a long-term buyer may be interested in good school systems or a larger lot size that can accommodate expansion. Be sure to discuss your time frame with your Realtor.

3. Understand the market conditions. Always ask your Realtor to provide you with comparable properties that have sold recently in the same area as the home you are interested in – ideally homes that have sold within the last three to six months. This can help you plan your offer and negotiating strategy, as well as what you believe the fair-market value of the home is.

4. Work within your means. There is nothing worse than including homes for sale in College Station Texas that are outside of your means in your search and falling in love with a property that is simply out of the realm of possibility. Be honest with yourself. Take a look at what you can afford each month and what you’re approved for prior to starting your search.

5. If you’re waiting for lower prices, think again. There has never been a better time to purchase a home or investment property in Aggieland. In fact, many market watchers believe that interest rates will start to inch up more rapidly soon, as they are already showing signs of increase. Don’t wait. You may price yourself out of the market.

6. Simple cosmetic changes are a part of making a home your own.  Don’t sweat the small stuff.  For example, paint color, flooring, appliances, and window treatments can all be changed for a more modern or personalized feel. Similarly, if you visit a home that feels small or cluttered, try to imagine it without the knickknacks and oversized furniture. Always keep an open mind.

7. Prepare your questions in advance. Always be prepared with your questions when you view a home or have a list of questions ready for your Realtor. Once you are serious about a home, you can obtain a Seller’s Disclosure in which sellers are required to disclose the information they know about the property, such as defects, how old systems are, if the basement has flooded, etc.

8. If you’re thinking about buying a new home, don’t rule out a home that’s been lived in. Consider a home that’s been lived in, as the sellers can give you a bit of history about the property and have probably already worked out any kinks that came up in the first years of the home’s life.

9. Know subdivision restrictions and rules. When buying a home, be sure to know the rules. Financing can be more complicated for condominiums. Dogs may need to be a certain size. You may have additional HOA fees each month. Ask your Realtor for a copy of the rules that the condo building is governed by.

10.  Always partner with a Realtor. Buying a home is one of the biggest decisions of your lifetime. Be sure to partner with a qualified and experienced Realtor that specializes in the community and type of property that you’re interested in.

These are just a few of the tips and things you should know if you’re thinking about buying homes for sale in College Station Texas. Connect with me, Myke Leatham, today to learn more and to begin your search. I look forward to hearing from you soon!

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Category: Blog

About Myke Leatham

I’m so glad you found me – your College Station and Bryan, TX real estate source! When you choose to buy or sell a home in College Station/Bryan, TX or other surrounding areas using our expert services, you will receive a free consultation to determine your needs, free listings, and free reports sent to you by email. These weekly reports will show you how hard the members of my team are working to accomplish your property goals, and we guarantee the best service and consultation you have ever experienced. You’ll find the best community information for the College Station, Texas region right here.

It’s nice to know YOUR Realtor will still be of service after the sale.

Experience Counts: Broker/Owner of Brazos County Realty
Over 25 years of sales experience. With past ABR, GRI, CRS, & Epro designations.
Continuing education in real estate: Education is paramount in an ever changing industry like Real Estate. Myke has taken over 1000 hours of real estate specific courses which include but are not limited to: Residential Appraisal, Marketing, Law Contracts I & II, Finance, Residential Inspections, Principles and Practice, Law of Agency, Code of Ethics, Bankruptcy/Easements/Surveys/and Probate, Home Warranties, 1031 Exchanges and hundreds of hours of extensive real estate training.

Reputation: SALES LEADER since 1998; Top Producer 2000 through 2009. Listed among the top agents in the county. Consistently ranked among top realtors for total sales volume out of 900 realtors for commercial and residential real estate in the Bryan/College Station, TX area. When Myke represents buyers, she presents all viable options to her clients, including those properties that are not officially listed, but could be available for sale based on her inside information. Her expertise lies with investors and marketing homes of all price ranges in College Station/Bryan to local, national and global buyers, across all major media channels and through her extensive, personal network of contacts.

Myke is among the top 1% of all Realtors in North America!
She has earned the Designations of ABR (Accredited Buyers Representative), CRS(Certified Residential Specialist), GRI (Graduate of Realtors Institute)CHMS (Certified Home Marketing Specialist), and E-pro (Certified Internet Professional)
Fewer than 3% of all Realtors nationwide earn these certifications. They are not only a symbol of Myke’s commitment to this business, but these designations are your assurance of a skilled, trained real estate professional.

Myke is a consummate real estate professional who not only understands the art of deal-making, but also the art of relationships. She makes the process of buying and selling homes an uplifting and fun experience. She has a tremendous appreciation for Bryan and College Station, its rich history, and Texas A&M traditions having lived in the area for 25 years. Her knowledge of Bryan/College Station’s real estate market and market trends is unparalleled. Having been personally involved with clients through their remodeling, purchasing and selling processes, she knows intrinsic quality and value when she sees it. When she doesn’t see it she lets her clients know, without hesitation.
Myke’s proven track record and affiliations in the field of real estate demonstrates her high level of professionalism.

* High energy and enthusiasm
* Aggressive marketing
* Expert negotiating skills
* Ability to listen and ascertain customer’s desires and needs
* Fun to be with
* Internet savvy
* Because Myke is an experienced investor, she quickly helps her customers locate and define good business opportunities. No one likes the feeling of being ‘sold to’ so Myke provides as much information as possible to help you make the right decision.

Personal Commitment:
I am prepared to go the ‘Extra Mile’ for you, because I understand the financial and emotional significance of purchasing and selling your home. I will carefully listen to your desires and arrive at a workable plan. I believe sensitivity, listening, and service are important keys to success.
Whether you are buying or selling a home or you are just curious about your home’s market value, I’d be happy to provide my market expertise and intelectual property without obligation, or meet with you to evaluate your home for future reference. I want my customers to have a great time and enjoy the total process of purchasing or selling property. It gives me great pride when my customerspass my name on to their friends and family. I will continue to work hard to make sure critical information is available at www.AggieRealEstate.com and I invite all interested investors to search my site for cash flow opportunities. I will dedicate my time and talents to helping you achieve your goals. It is my goal to make your buying and selling experience extraordinary. Look closely and you’ll see how much I love meeting and working with people. You’ll experience the difference in working with an experienced and dedicated professional.

Personal information:
Michelle goes by ‘Myke’ and is the proud mother of 6 children – 3 girls and 3 boys. Her husband is David Leatham. They met at Brigham Young University. They have been married since 1977. David is a finance professor, and Associate Head over graduate studies in the Agricultural Economics Department at Texas A&M University, and speaks fluent Spanish. They have lived in College Station since 1983 and loved every minute of it. Myke loves to quilt, sing, swim, ‘sing’, bake bread, ‘sing,’ garden, ‘sing’, sell real estate, and ‘sing some more’ :-). Family, church, and real estate consume most of her time. Truth, honor, integrity, kindness, loyalty, gratitude, and service are very important words to her.

Slogan: ‘Let Myke Help You With Your HOMEwork!’

Referrals: The highest compliment I can get is when you pass my name on to others or post a kind remark on the internet. When you send your friends and family my way, I’ll always provide them with the highest quality of service that I know you would appreciate. Thanks in advance for all your support and friendship.

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