Grant Trevithick Real Estate Pro Tips

  Grant Trevithick Carrollton Real Estate Investor with another Pro Tip on Why you need Title Insurance. I want to give you some best practices, as well as help you to avoid any potential fraud that might occur while going through the title process. Here are some best practices for buyers as they prepare to bring funds to closing:  • With wire fraud attempts escalating nationally, a cashier’s check is a safer option than a wire transfer, and generally banks have lower service fees for checks than for wires. If the title company receives the cashier’s check the day before closing, there’s likely no slowdown in the timeline for disbursements.  • If a wire is necessary based on specific logistics, it’s vital that the buyer call the title company (using a number from the company’s website, NOT from an email) to confirm instructions.  If you’re a victim of wire fraud … First and foremost, MOVE QUICKLY and take these steps:  1. Contact your bank immediately and ask fo...

  Grant Trevithick Carrollton real estate investor here with another pro tip. Selling a home can be a complex and stressful process, but there are several things that can be done to help increase the chances of a successful sale. Here are some tips to help you sell your home quickly and for the best price: Price it right: One of the most important factors in selling a home is pricing it correctly. Make sure to research the current market and compare your home to similar properties in the area. Pricing your home too high can discourage potential buyers while pricing it too low can leave money on the table. Make it presentable: Before putting your home on the market, make sure to make it as presentable as possible. This includes decluttering, deep cleaning, and making minor repairs. You may want to consider hiring a professional home stager to help you showcase your home in the best light possible. Here in Carrolton, you might even want to hire someone to pressure wash the exterior a...

  Grant Trevithick is here to talk about how the process of owner finance actually works. I have been doing real estate in Carrollton, Dallas, Fort Worth, and all throughout Texas and I have come to realize that most people are not familiar with how owner finance actually works. I thought I would take some time and give a brief rundown of the process. Owner financing is a financing arrangement in which the seller of a property provides part or all of the financing to the buyer. This type of arrangement is sometimes called seller financing or seller carryback. Here is a brief overview of the process of owner financing: The buyer and seller agree to an owner-financing arrangement. This can be part of the purchase contract for the property. The seller provides the financing for the property, either in the form of a mortgage or a promissory note. The terms of the financing, such as the interest rate and repayment schedule, are agreed upon by the buyer and seller. The buyer makes monthl...

One of the fundamental rights of real estate ownership is the ability to sell your interest in it. If you've bought a house from a previous owner, even if he's financing it for you, it's yours to sell. Generally, the only limitation on your right to sell would come from a lockout clause or prepayment penalty in the financing, just as would happen with a similarly written mortgage from a traditional lender. Doing Real estate in Carrollton, Fort Worth, Addison, Dallas, and all throughout Texas, the laws can vary so it is important to check with your local municipality to make sure that the contracts you are using encompass this type of event. Now as far as it comes to Grant Trevithick and the Real Estate Investing I have done, I can only speak from experience and want to encourage you to do further research to help guarantee that you understand fully what you are entering into with any of your sellers. With that being said here is some general things that have come up that I ...

   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. ...

  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...