Protesting Property

Hi Prospects & Friends!

Protesting your property can be a great way in saving money on your annual property taxes. If you own the property and live in it, you can also add any exemptions you may have to reduce the property taxes even more. So applying these key factors;

• Any exemptions you may have 
• Tax protesting
• Taxing jurisdictions 

will assist you in being able to get your property taxes lower. Taxing jurisdictions can be different among properties, so understanding these rates against where the property is located and their areas can draw a big key factor in your taxes. Some properties are in water districts like MUD where others aren't. So knowing these jurisdictions, before you buy the property is a big key factor in helping you further down the road as the new owner. 

What Does Increased Housing Inventory Mean?

     

 Hi Prospects & Friends!

Increased housing inventory means more homes are entering the market, and this macroeconomic factor will cause more competition among the homes already in the market if the homes are cheaper and offering more advantages than your home. To understand how to handle increased housing inventory entering the market, if you already have a home on market would be to analyze the increased inventory homes entering the market first, and see if they are comparable to your home with having a CMA done by a real estate broker. The CMA will provide a competitive edge showing key factors on where the market is being driven with characteristics of the comparable homes and why. If the increased inventory of homes homes aren't comparable, then you still have to make sure their not cheaper if better than yours, and if they are, then this is a issue where if your appraisal is accurate on your home, then you can be at ease and not let it bother you and remain firm with your price. Eventually the increased inventory of homes entering the market will sell off and close out if they're more competitive than your home, but cheaper. A key factor to understand is increased inventory of homes do trigger higher DOM if their competitive advantage is better but cheaper.

Iran War & Real Estate

    

 Hi Prospects & Friends!

The Iran War has affected the majority globally and because of this, even real estate is unable to avoid it. Best thing to do is counter back back with finding hidden opportunities that become available in your area with real estate whether it be with; 

• Construction 
• Interest Rates 
• Foreclosures
• Short Sales 
• Loans
• Remodeling
• Rent
• Auctions
• Taxes

or whatever you may discover that can bring you better opportunities with your real estate journeys. 

Why Choose a Local Houston Real Estate Broker?

    

 Hi Prospects & Friends!

Working with a local real estate broker offers significant advantages. Local expertise allows clients to gain valuable insights into Houston neighborhoods, property values, and emerging real estate trends. At A. Colette Harris Properties LLC, we focus on building long-term relationships with our clients while helping them make informed real estate decisions. Whether you are looking for homes for sale in Houston, investment properties, or real estate brokerage services, our team is committed to delivering results. Book your appointment by clicking "Book Appointment" on our blog. We're open 24/7 and you're highly appreciated for choosing us for your real estate brokerage services. 

Buying Foreclosures

 

 Hi Prospects & Friends!

Buying foreclosures, can be a wise investment if you research the foreclosure in depth, and understand some of these key factors will play major roles;

• What kind of foreclosure is the property?
• Why is the property a foreclosure?
• Who owns the foreclosure?
• What is the DOM?
• Is the foreclosure causing tough buyer competition?
• Does the foreclosure have owners, tenants, squatters, living their or is it empty? 

Those are just a few key factors listed, but apply due diligence, in depth research, and your decision will be well thought out thoroughly, when you buy your foreclosure. 

Model Homes

    

 Hi Prospects & Friends!

Model homes can be a great way to learn about remodeling, popular upgrades, floorplans, builder incentives, and the subdivision the model home is being built in. Learning about these key factors can help one on their journey to buying the dream home they desire. When seeking out model homes to analyze, make sure they are actually the style of home you're planning to buy and move into, as well as the characteristics by asking in advance from the sales coordinator;

• What school districts are zoned to this subdivision?
• Are the homes being built in a MUD or PUD?
• How many homes will be in this subdivision?
• Who are the builders in this subdivision?
• What is my timeline for having the home built?

Those are just a few questions, but having some kind of relevant information about the home and subdivision are the key points. When remodeling/upgrading your home model homes can help deliver great information by just touring the home and seeing the latest trends with appliances, flooring, paint, and etc. 

 

Buying Wooded Land

   

 Hi Prospects & Friends!

Buying wooded land, can be a wise investment if you research the land in depth, and understand some of these key factors will play major roles;

• Is the land unrestricted or restricted?
• Does the land have a HOA?
• What are the yearly taxes?
• Is the land in a flood zone?
• What are the zoning and ordinance rules?
• Is the land classified as residential or commercial? 

Those are just a few key factors listed, but apply due diligence, and you will know when you do your decision will be well thought out thoroughly. For example, a wooded lot can be appealing to one who sees beyond the woods, and takes immediate note the grass doesn't have to be cut, since it's wooded, but another could see the woods as an eye sore, and any vision beyond the woods can't form since it's not cleared and will have an expense to clear it. Everyone is different, but researching wooded land in depth before you buy it is the key.