What is the number 1 rule before buying a new custome home in El Paso?

Find a Buyer's Agent to represent you!
A nation survey showed the number one complaint registered by homebuyers after purchasing a new home was lack of representation and knowledge. Then shouldn’t  it be your most important decision is finding a reputable local Exclusive Buyer's Agent to advocate for you. Why would you enter into a 30 year commitment with a contractor without representation? The builder's Agent is motivated to sell the home, even a custom home, at the highest possible price. As a Buyer's Agent, we are duty bond to get the most out of every dollar you will be spending.
Another important rule is picking the right location. As with any decision in the custom home building process, choosing a lot is not very easy. You are picking the location of your home for the next 1-20 years. Whatever you do, don't build your dream home in a location that you are going to hate in two years. You don't want to spend six months to two years building a home and then decide to move because you don't like the location.  This is another area where your Buyer's Agent will advise you best.  For example she/he will discover what the surrounding construction will be zoned for.
These are just two of the many important decision you will need to make in the buying process. To read more about other important considerations in buying a custom home click here.

To mitigate the anxiety and second guessing you may experience you will need to  rely on the advice of the experience real estate professionals working in your best interest.  Sometime even after you move in, you may experience the second-guessing because every time you live in a new home, you will think of things that you would have done differently. Instead, just like any long term commitment, rest in the choices you've made and spend more time enjoying your family and friends.

Please visit my  RE/MAX homefinder website to search for El Paso Luxury homes  or call today and let my experience find you some of the best areas to buy a home in.

Yvonne A. Russell,  REALTOR® 
RE/MAX Buyer’s Agent
10940 Ben Crenshaw, Suite C
El Paso, Texas  79935
CELL (915) 873-8646 | (888) 845-2408 | FAX (915) 594-9253

Russell-Realtor
El Paso Preferred Lenders
MLS Access
JD Power Survey-”Top Rate Real Estate Agent”

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RE/MAX ranks at the top of the Real Estate Market - J.D. Powers

J.D. Power and Associates announced today that RE/MAX ranks highest in customer satisfaction, for both buyers and sellers, in its 2011 residential real estate survey.
That's right,  we've earned the highest level of appreciation from Home Buyers and Home Sellers, which is a remarkable statement about the Outstanding Agents in the RE/MAX organization.
I am a top rated RE/MAX agent in the El Paso Texas market because I DO NOT practice Dual Agency. I will only represent one party on any home sale. I focus 95% of my practice on Exclusive Buyer’s Agency and only list homes by referral.

Yvonne A. Russell,  REALTOR® 
RE/MAX Associates
10940 Ben Crenshaw, Suite C
El Paso, Texas  79935
CELL (915) 873-8646 | FAX (915) 594-9253

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Estimated Rate of Return from your Home Improvements

How to give a Contemporary Look to Your Home
Staging your home with a Contemporary flare will open your home to more El Paso buyers by giving your home a welcoming and attractive appeal. Whether your home is vacant or you are still occupying your home the following tips will help sell your home faster and at a higher price. * De-personalize your home by removing your photo montage or personal taste-specific decor.
* Rent month-to-month contemporary furniture
* Create a model-home feel to your living/dining rooms
* Paint your home with neutral tones
* Complete small repairs. El Paso Homebuyers do not want to pick up where you left off.
* Rent a storage unit to store anything that will take away from the perception of space such as oversized coach or bed.

You should budget money for paint, wall decor and lighting to increase the likelihood of selling quicker. Studies show that the longer a home remains on the market the less likely the Seller will get their price. These improvements should add value to your investment for a quicker sale.

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How to find a top rated realtor in El Paso

Here are a few questions you need to ask yourself:

v  Is your realtor only showing you homes he/she is listing?

v  Is your realtor only showing you homes over your price point?

v  Is your realtor a part-timer?

v  Does your agent seem to be unfamiliar with market conditions in your area?

v  Is the real estate agent knowledgeable about the real estate process, i.e. lender information, types of loan programs available?

v  Is your real estate agent promising something that is "too good to be true"?

v  Has your agent helped you determine how much house you can afford?

v  Has your realtor explained what El Paso closing cost may be required?

If your answer to any of these questions was YES! then you aren't working with the right Exclusive Buyer's Agent.

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Advantages of having a Buyer's Agent

	Advantages of Exclusive Buyer Agency Representation ·         You will have undivided loyalty from a common law fiduciary agent. ·         You receive advanced counseling on how best to finance your purchase including aid in selecting a lender, loan product and getting fully approved for financing to give you maximum purchasing power. ·         You are counseled on how to select the best negotiating strategy for the property chosen. ·         You are counseled on how much to offer. Neither a seller's agent or a dual agent may do that by law. ·         You are assured that the real estate professional helping you write your offer is ONLY considering YOUR RIGHTS to determine the true condition of the property and your best interests. ·         You have an experienced negotiator with many years of experience on your side. ·         You will know everything we know or can discover about a property. ·         You have a professional managing the escrow process through acceptance of an offer to closing on the transaction. ·         Your agent is a specialist for buyers and spends all her time for finding, negotiating, and closing the best property for you Yvonne A. Russell,  REALTOR®  RE/MAX Exclusive Buyer’s Agent 10940 Ben Crenshaw, Suite C El Paso, Texas  79935 CELL (915) 873-8646 FAX (915) 594-9253 Russell-Realtor El Paso Preferred Lenders

 

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El Paso Homes | Tips for New Home Buyers

13025 FALLEN HERO, EL PASO TX

13025 FALLEN HERO, EL PASO TX
Here is a great deal in El Paso in the popular Tierra Del Este subdivision. It is 3473 sq. feet, 5 bd, 3 full baths, built by Mountain Vista in 2007. Call this Buyer's Agent to tour 13025 Fallen Hero El Paso home at 915-873-8646 or email at yrussell@remax.net

10632 BLUE SAGE, EL PASO TX

The builder is Celtic Homes building homes since 1999 according to the BBB. This home builder has had some complaints but all have been resolved. Most if not all builders at one point or another will experience come consumer complaints. What is important is how and if the issues were resolved. This builder constructs both model homes as well as custom homes with a long list of amenities including refrigerated a/c, shutter and more. call 873-8646 for current list of plans and lots available.

West to East El Paso Tx Real Estate - Ft Bliss Homes for Sale

Realtors Console - Share your listing

Land in Horizon City

If you have inherited land in Horizon City  I may be able to help sell it. A client recently asked me to research and market his 4 acres but didn’t have a survey to tell me where it was located. So I put together the following information and thought it would be useful to others in the same situation.

The Grantor  during the 60s of most, if not all the land in Horizon was Horizon Properties Corp.

Use the link below to locate your parcel(s) by unit number.

Map of your unit at Horizon City.  The units marked with red outline have water service and considered MUDs. Once you locate it, depending how far from developed land it is you may want to consider selling it. Your next step is to have an official survey done to pin point exactly where it is then call a knowledgeable realtor to market the property for you. 

>Search El Paso – Horizon City – Fort Bliss at  ENTIRE MLS

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Home Buyer Guide in El Paso Tx

El Paso Real Estate;
El Paso Homes For Sale,
Homes For Sale In El Paso Texas;
Relocation Services To And From El Paso Texas;
Home Buyers Guide For El Paso Texas;
You're El Paso Real Estate Guide;
Mortgage Information In El Paso Texas;


At Russell-realtor.com you will find everything necessary to purchase your home in El Paso Texas. Apply for a mortgage, search from the entire inventory of our local MLS, request relocation information, get information on local schools, purchase a home warranty, and more. Remax Associates is a full service company serving your El Paso Texas and Southern New Mexico Real Estate needs.

Tierra Del Este | Horizon City TX 79938

With all the recent interest in El Paso and Horizon City I thought I would blog about El Paso and Horizon City. According to Washington based CQ Press El Paso is the 2nd safest city in the nation. Economically, if your want to know what is really happening in El Paso, read the IPED economic impact report (dry but good info). With the influx of 30K military personnel relocating to El Paso plus the new medical school we haven't really felt the recession yet. Actually, El Paso is generally insulated from national economic conditions. Additionally we have a thriving housing sector. Horizon city, and "the Tierras" has been in the news due to a flood of foreclosures. Not because of the economy but because of subprime loans resetting. This is unfortunate for some but a goldmine for others. These properties are 10-20% below market and in near new condition. As you can probably tell my undergrad degree is in Economics and I'm a Realtor but I also love this town.

Are you a distress property owner and need answers?

5 Razones para evitar la ejecución

 

Este mercado inmobiliario ha causado estrés y el dolor insoportable. Como un experimentado Inmobiliaria de expertos que leen este mercado le puedo dar la experiencia necesaria para salvar su crédito, aliviar la incertidumbre y, sobre todo, ayudar a su familia.

 

Llame, Remax Agent, y vamos a empezar en el camino de la recuperación.

Directo: (915) 873-8646

1. El dueño de casa siempre tienen que revelar si han tenido una ejecución hipotecaria en cualquier solicitud de hipoteca.

2. Las puntuaciones de crédito se reducirá de 300 + puntos que afectan a la capacidad de conseguir un coche, apartamento, tarjetas de crédito, etc

3. Una ejecución hipotecaria es el tema del informe de crédito que es casi imposible de reparar.

4. Militares y de habilitación de seguridad del gobierno podría estar en riesgo de ejecución hipotecaria.

5. Muchos empleadores ejecutar los controles de crédito en emloyers prospectivo y de exclusión es uno de los elementos superiores que ponen en peligro el empleo."

Search ENTIRE MLS

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El Paso Franklin Mountains in the fall

Sincerely,

    

RE/MAX Realtor helpling First Time Homebuyers

The U.S. Housing and Urban Development Secretary Shaun Donovan on May 29 announced the Federal Housing Administration (FHA) will allow homebuyers to apply the Obama Administration’s new $8,000 first-time homebuyer tax credit toward the purchase costs of an FHA-insured home. He said this action will help stabilize the nation’s housing market by stimulating home sales across the country. The American Recovery and Reinvestment Act of 2009 offers homebuyers a tax credit up to $8,000 for purchasing their first home. Families can access this credit after filing their tax returns with the IRS. The new announcement detailed FHA’s rules allowing state Housing Finance Agencies and certain non-profits to “monetize” up to the full amount of the tax credit (depending on the amount of the mortgage) so that borrowers can immediately apply the funds toward their down payments. Home buyers using FHA-approved lenders can apply the tax credit to their down payment in excess of 3.5 percent of appraised value or their closing costs, which can help achieve a lower interest rate. You may visit the HUD web site to learn about this rule. Currently, borrowers applying for an FHA-insured mortgage are required to make a minimum 3.5 percent down payment on the purchase of their home. Now the lenders can use the tax credit as additional down payment, or closing costs, which can buy down the interest rate. In addition to the borrower’s own cash investment, FHA allows parents, employers and other governmental entities to contribute towards the down payment. This action permits the first-time homebuyer’s anticipated tax credit under the Recovery Act to be applied toward the family’s home purchase right away. The Administration’s homebuyer tax credit is estimated to stimulate home sales across the nation and most will be first-time buyers to receive the credit. Homebuyers should beware of mortgage scams and carefully compare benefits and costs when seeking out tax credit monetization services. For every FHA borrower who is assisted through the tax credit program, FHA will collect the name and employer identification number of the organization providing the service as well as associated fees and charges. FHA will use this information to track the business closely and will refer any questionable practices to the appropriate regulatory agencies, as necessary. This news source came from the (Silicon Valley Association Realtors)

Avoid Foreclousre Now in El Paso

9 Ways to Avoid Foreclosure

Reinstatement:
This means that you will bring the loan current.
Forbearance:
This mean you are requesting a temporary repayment plan
Refinance:
This is a new loan with reduction in monthly payments
Loan Modification:
You are requesting a modification of the original loan terms.
Sell The Property:
You are using your equity in the home to payoff or pay difference
Rent the Property
However, you must make the loan current
Short Sale:
You contact a licensed realtor to negotiate with the lender to accept sale under loan amount.
Deed in Lieu of Foreclosure:
This is known as a friendly foreclosure
Bankruptcy
This will stall foreclosure process but NOT PREVENT IT.

www.russell-realtor/distressedproperty">DON'T LET TIME RUN OUT! CONTACT ME TODAY Article may not be copied without permission of author.