Posts

Grant Trevithick Pro Tip - Steps to buying an Owner Financed Home

Grant Trevithick Carrollton Real Estate Investor here with another pro tip. If you are looking to live in the Dallas, Tarrant, Collin, Denton, or Grayson counties you might want to consider looking for a home that is being sold using creative financing, we call it owner financing .You may be surprised at what a good fit it could be. Wouldn’t it be great if buying a home were as simple as it is in a game of Monopoly? All you’d have to do is find a desirable neighborhood, hand the bank a few bucks, and you’d receive a house. Of course, the home-buying process is a bit more complicated in real life (especially for first-time home buyers), but it’s not impossible. To point you in the right direction, we’ve prepared a road map of the home-buying process using an alternative to the traditional home buying process. Owner (creative) Financing . From choosing the right professionals to signing that final contract, here are the typical steps you need to be aware of. Step 1. Owner Finance Compan...
Post a Comment
Read more

Grant Trevithick Addison Real Estate Investor Pro Tip - Dos and Don'ts of buying a home

Grant Trevithick Addison Real Estate Investor here with another pro tip on the dos and don'ts of buying a home. Do... look at the neighborhood Look at the house, but also look at the neighborhood. Location is the most important thing, so it's critical to look at more than bricks and mortar. How can you choose the right community? Become a neighborhood detective. Figure out what you're looking for, do research and find a neighborhood that fits your description. Do... look at several houses before you buy. Buying the first house you look at it is kind of like marrying the first person you go on a date with -- not necessarily a good idea. If you buy a home without comparing it to other listings in the area, you're likely to overpay or miss out on a great nearby home. Walk through at least three homes before you choose. If you still love the first one you saw, make an offer! Do... invest in a professional inspection. Sellers don't always disclose the whole truth to pote...
Post a Comment
Read more

Grant Trevithick Fort Worth Real Estate Investor Pro Tip - Tips to improving your homes value...without breaking the bank.

Grant Trevithick Fort Worth real estate investor here wishing everyone a  belated happy New Year. It's been quite some time since I have discussed the basics of owner financing with you. This is the first of a series of posts reviewing the use of owner financing when selling or buying a property. Although the process has remained basically the same for years it's time to review them again. Today we are going to be talking about some of the top  home improvements that you can make that will add value to the price of your home while at the same time taking at the process if you are not in a position to make those improvements.  Remodel Your Kitchen - Buyers look most carefully at kitchens and bathrooms, so you should, too. You can recoup 82 percent of a minor kitchen remodel and 74 percent of a major kitchen remodel. If you’re selling using Owner Financing and need to sell quickly, don’t overspend on your kitchen. You may be able to do a couple of relatively minor fixes, s...
Post a Comment
Read more

Buying a property in Texas...the big surprise is in the last paragraph!

   Grant Trevithick Real Estate Investor here with another pro tip. Today I want to talk about what the process is to actually buy a home. Whether you're in Dallas, Fort Worth, Irving, Addison, or any other part of Texas this advice is for you. If you live outside of Texas 90% of this will apply to you, however, I always encourage you to reach out to a Real Estate agent in your area for proper guidance. Buying a home is one of the largest financial decisions a person will make. Most banks offer home loans to their customers, but some may require a customer to have sufficient income to cover monthly payments on the home loan. A bank may also require that the buyer have good credit, which limits the number of buyers that qualify for a house loan. In this situation, a buyer's bank may offer financial assistance to his or her business in exchange for using its financing. In these instances, a buyer may be able to obtain a home loan without having sufficient income or good credit. ...
Post a Comment
Read more
   Grant Trevithick Carrollton real estate investor here. As Spring rapidly approaches I know that many homeowners will be looking to update and or "revitalize" their home as the traditional selling season arrives. Today we are going to be talking about some of the top cost effective home improvements that you can make that will add value to the price of your home. One added note. Although all of these projects can improve the selling price and create a better opportunity for a traditional realtor to help you sell your house be aware that most homes can be sold without incurring any of these added expenses with the use of Owner Financing. If you are interested in how it works just reach out on our website: www.ofhdfw.com . If you are not in a position to incur the initial expenses before selling, or are under the gun time wise owner financing may be you best option. Take a look... Remodel Your Kitchen - Buyers look most carefully at kitchens and bathrooms, so you should, too...
Post a Comment
Location: Carrollton, TX, USA
Read more

Grant Trevithick discusses ways to catch mortgage fraud when selling or buying your home.

Image
  Grant here to discuss a very serious item... mortgage fraud. Mortgage fraud is a serious crime that can have a number of negative consequences for both borrowers and lenders. It is important to be aware of the most common ways that mortgage fraud is committed so that you can protect yourself from becoming a victim. Due the complexities of todays real estate market and the challenges the many people have been experiencing in both selling and buying a home it seems like the right time to remind everyone of these basic rules of the road. Here are the main ways that mortgage fraud is committed in all markets. False Statements One of the most common ways that mortgage fraud is committed is by making false or misleading statements on a mortgage application. This can include things like lying about your income, assets, or debts. For example, you might lie about your income in order to qualify for a larger loan, or you might lie about your debts in order to make it appear that you are mo...
Post a Comment
Read more

Grant Trevithick with some simple facts about buying tour first home.

   Grant Trevithick Real Estate Investor here with another pro tip. Today I want to talk about what the process is to actually buy a home. Whether you're in Dallas, Fort Worth, Irving, Addison, or any other part of Texas this advice is for you. If you live outside of Texas 90% of this will apply to you, however, I always encourage you to reach out to a Real Estate agent in your area for proper guidance. Buying a home is one of the largest financial decisions a person will make. Most banks offer home loans to their customers, but some may require a customer to have sufficient income to cover monthly payments on the home loan. A bank may also require that the buyer have good credit, which limits the number of buyers that qualify for a house loan. In this situation, a buyer's bank may offer financial assistance to his or her business in exchange for using its financing. In these instances, a buyer may be able to obtain a home loan without having sufficient income or good credit. ...
Post a Comment
Read more