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Come Out to Scrap Yard Sports Giant Yard Sale

by Chris Wylie

Are you one of those people that just love driving around on a Saturday or Sunday searching for hidden treasures at the yard sales? Well, with gas prices where they are, that hobby can get pretty expensive – even if a set of vintage lamps only costs you about $5.

Well, this Saturday, March 1, you save a little bit of gas while still getting your bargain shopping fix at the first ever Scrap Yard Sport Yard Sale.

The event will run from 8am to 1pm and is for a good cause. Local churches from the Woodlands and the Oak Ridge North communities will have booths and tables setup where members of their congregations will offer items for sale. All proceeds will benefit the various churches’ charities such as community outreach programs and mission work.

So, this weekend, why not bring the family out to this mega yard sale. You can save time and gas, find those hidden treasures and vintage furnishings and help local churches continue their good works while simultaneously getting a firsthand look at the new Scrap Yard Sports multisport complex.

The event will be held at:

The Scrap Yard Sports Complex

29607 Robinson Road

Spring, TX 77385

For more information, please contact the AEGIS Foundation at 281-719-9380.

Chris Wylie
The Chris Wylie Team
281-583-9393
www.ChrisHoustonRealEstate.com
www.CountOnChris.com

Throughout the Houston area including Spring, The Woodlands, Tomball, Cypress and Katy, Chris Wylie is known as a professional others can count on to guide them successfully through the real estate process. Her calm, friendly manner puts others at ease and makes the home buying and selling process a fun and memorable experience.

Photo courtesy of Scrap Yard Sports.

Get Organized Before You Shop for a Home

by Chris Wylie

The process of buying a home has gotten more complicated in recent years. To make sure everything goes smoothly, you’ll want to get organized before you even begin to look for a house. Once you’ve taken care of these things, you’ll be ready to shop for the home of your dreams.

Check Your Credit Score. Examine and fix any blemishes on your credit score, before you apply for a loan. Also, avoid taking on any new debt at this time. This includes buying a new car or other large item on credit.

Look at Your Finances. Take an honest look at your budget and figure out how much home you can afford. There are many online calculators available to help you with this. In general, most loan programs require that your mortgage payment be no more than 28% to 31% of your gross monthly income.

Beef up Your Savings. You should have enough cash saved up to cover your down payment and closing costs. Depending on your mortgage, you’ll need anywhere from 3.5% to 20% down, plus money available for closing.

In addition, mortgage lenders like to see borrowers with a healthy savings account. This shows that you have enough money to pay for your closing costs and any incidental expenses, as well as enough to live on once you move in. Savers aren’t likely to be living paycheck to paycheck, and are good candidates for a loan.

Apply for Your Mortgage. Get pre-approved for a loan before you even start to look at homes. Applying for a loan first gives you a definitive answer on how much mortgage you can afford, and ensures you have financing ready when you find your dream home.

Refine Your Shopping List. Finally, think about the features you really want in a house. You’ll probably live in this house for several years, and you want it to serve your needs the entire time. After all, if you change your mind in a few years, you may not be able to sell this house quickly.

Shopping for a home is exciting. Take the time to organize and prepare before you look at properties, so you can be ready to make an offer when you do find a home that you love.

Chris Wylie
The Chris Wylie Team
281-583-9393
www.ChrisHoustonRealEstate.com
www.CountOnChris.com

Throughout the Houston area including Spring, The Woodlands, Tomball, Cypress and Katy, Chris Wylie is known as a professional others can count on to guide them successfully through the real estate process. Her calm, friendly manner puts others at ease and makes the home buying and selling process a fun and memorable experience.

Photo courtesy Kristja, Stock.XCHNG

Class Act Presents Shrek the Musical

by Chris Wylie

This weekend, February 21-23, come support your local thespians as Class Act presents Shrek the Musical.

You’ve seen the movie. Now you can see Shrek, Fiona, Donkey and all their friends live and in person.

The musical follows a similar story to the one seen in the movie. There is a lost princess, a kindly ogre, a wisecracking donkey, a diminutive villain and a host of less than perfect fairy tale characters, but with  all new songs and, of course, dance numbers, the musical delights and surprises even those audience members that have seen Shrek dozens – if not hundreds – of times.

So, this weekend, bring the entire family to see local young actors take the stage and present this modern-day classic with a new twist.

About Class Act

Class Act is a local non-profit organization that has been supporting and educating local young performers in the Woodlands for 16 years. Over the years, Class Act has produced over 45 shows and hosted countless classes, training sessions and workshops designed to introduce young people to and allow them to participate in professional-quality musical theater.

Tickets are $10 and up and can be purchased here or by calling 281-292-6779.

Show times are:

Friday, February 21 at 7:30pm
Saturday, February 22 at 2:30pm and 7:30pm
Sunday, February 23, at 2:30pm
 
The theatre is located at:
Nancy Bock Center for Performing Arts
3800 S. Panther Creek Drive
The Woodlands, Texas 77381
 
Chris Wylie
The Chris Wylie Team
 
Throughout the Houston area including Spring, The Woodlands, Tomball, Cypress and Katy, Chris Wylie is known as a professional others can count on to guide them successfully through the real estate process. Her calm, friendly manner puts others at ease and makes the home buying and selling process a fun and memorable experience.
 
Photo courtesy of Class Act Productions.

The Chicken and the Egg of Real Estate

by Chris Wylie

Should I buy first, or sell first? I don’t know what to do. A commonly asked question without an easy answer. Many people find themselves in this classic real estate predicament most associated with “which came first, the chicken or the egg?” Unfortunately, there is no right answer that covers the board. Circumstances, finances, and many other variables play a role in determining which best case scenario is for you.

If you buy first, you may find yourself in the quandary of owning two homes, paying two mortgages, and having to pay all of the other expenses that come along with home ownership. With any luck, your current home will sell quickly, and the problem is then solved. However, there are no guarantees that accompany this scenario. If your house does not sell quickly, you may be forced to close on your new home, and then you have become the proud owner of 2 homes, that you cannot afford. If you sell first, a whole different realm of possibilities opens up. In this scenario, you sell quickly and luck into finding an ideal home, and closing on it in a reasonable fashion. Otherwise, you sell your home, and are stuck with having to put your belongings in storage, and find yourself shacking up with friends, or family. Either scenario presents its own risks and uncertainties. There are too many conditions involved in determining a correct answer for the “Do I buy first, or sell first” question.

Generally speaking, there is less pressure, and less risk, involved in selling your current home first. Put your house on the market, while at the same time, be out house hunting. As your house is showing, you can be compiling a list of potential contenders in a new home. And speaking in financial terms, the majority of home buyers need the equity, and profit, of their current home in order to purchase their new home. Many people need to sell their current home in order to qualify for a loan, leaving them with no choice, but to sell first. Not all people, especially in the eyes of the bank, are in a financial position to carry two mortgages.

While your current home is on the market, you can feel free to write a contingency offer on any home you find while house hunting. But, bear in mind that you will be paying a premium with a contingency offer. That is, if the seller even gives it any thought. Also, you may deem it necessary to take less for your current home in an effort to get it sold more quickly. So, be cautious. You can have comfort in knowing that you do have an opportunity to write a contract if the perfect house arises, but don’t lose sight of your current home’s value.

Or...do I buy first? With the economy still on the rebound, many people are entertaining the thought of running out and buying first. The market, like the economy, is also in recovery mode, meaning home prices are still somewhat lower than they traditionally would be. The housing market is moving very quickly because of this, and dictates that homebuyers are more focused on buying, than on selling. Motivated buyers are being recommended to obtain a mortgage commitment that is not contingent upon selling their current home, in order to dive into this fast-paced buyer’s market. Homebuyers are realizing that even in a strong market, the selling end of a transaction can drag on, potentially leaving them in the dust when it comes to landing a good deal on the purchase of a new home.

Either way, the choice of buying, or selling first, is 100% circumstantial, and financially dependent on each individual. Circumstances may have you in a position where you have to sell first in order to obtain the money to buy. Or, they may have you in a position where you have to buy because of a job relocation.

In today’s market, there are benefits and perks to each version. Buy first, and plunge into the hot buyer’s market. Or, sell first, and have the relief of knowing that you will not be trapped into the potential payment of two mortgages. For most people, the stress level is much lower when selling their current home first, and buying second. Nonetheless, it is a decision only you can make, given your current circumstances and financial position. There is no universal right answer to “should I buy, or sell first?”

Chris Wylie
The Chris Wylie Team
281-583-9393
www.ChrisHoustonRealEstate.com
www.CountOnChris.com

Throughout the Houston area including Spring, The Woodlands, Tomball, Cypress and Katy, Chris Wylie is known as a professional others can count on to guide them successfully through the real estate process. Her calm, friendly manner puts others at ease and makes the home buying and selling process a fun and memorable experience.

Photo courtesy of: http://www.flickr.com/photos/the-wanderers-eye/

Avoid These Major Home Buying Mistakes

by Chris Wylie

Right now, it’s a great time to buy a home. Properties are priced affordably. That doesn’t mean that you can go out and buy without thinking. You still need to do your homework and proceed with a plan.

After all, buying a home is likely the largest purchase you will ever make. Make sure you do it right by avoiding these major home buying mistakes.

Buying more house than you can afford. Spending more than you planned on a home may seem like no big deal, especially when you spread it out over a 30 year mortgage. Over time, however, those extra dollars each month can put a strain on your finances. Get preapproved for a mortgage so you know exactly how much you can spend, and stick with that figure.

Not having an emergency fund. Remember, once you own your home, you have to pay for anything that needs to be fixed. With any house, there will be expenses that you didn’t budget for. Make sure you have an emergency stash of cash to help you get through unexpected repairs.

Not getting an inspection before you buy. You’ve looked over the house thoroughly, and so have your in-laws, and all your friends. However, there still could be hidden surprises waiting for you. A crumbling foundation, bad electrical wiring, or hidden roof damage are among the things likely to be spotted by an inspector’s trained eye.

Not thinking about resale value. Remember that you will probably sell your home at some point. Choose a home based on what you want, and also consider what other buyers are looking for. Look for desirable neighborhoods, schools, and other amenities so your house will hold its value.

Trying to do it yourself. Buying real estate is a complicated process. You need a professional to help guide you through buying your home. That’s where your Realtor® comes in. It just makes sense to have someone who is an expert to help you out.

Don’t just stumble blindly through the home buying process. Take care to avoid these mistakes, and you’re more likely to end up buying your dream home, instead of getting stuck with a nightmare.

Chris Wylie
The Chris Wylie Team
281-583-9393
www.ChrisHoustonRealEstate.com
www.CountOnChris.com

Throughout the Houston area including Spring, The Woodlands, Tomball, Cypress and Katy, Chris Wylie is known as a professional others can count on to guide them successfully through the real estate process. Her calm, friendly manner puts others at ease and makes the home buying and selling process a fun and memorable experience.

Image courtesy of Luiz Fernando Pilz, Stock.XCHNG.

15611 Bristol Lake Dr in Houston TX

by Chris Wylie

The Chris Wylie Team Just Listed Another Home in Vintage Lakes.  For more information or to schedule a showing, please visit http://countonchris.com/vintage-lakes-beauty/

15611 Bristol Lake Dr. 5 beds, 4.5 baths

 

Chris Wylie
The Chris Wylie Team
281-583-9393
www.ChrisHoustonRealEstate.com
www.CountOnChris.com

Throughout the Houston area including Spring, The Woodlands, Tomball, Cypress and Katy, Chris Wylie is known as a professional others can count on to guide them successfully through the real estate process. Her calm, friendly manner puts others at ease and makes the home buying and selling process a fun and memorable experience.

Displaying blog entries 1-6 of 6

Contact Information

Photo of The Chris Wylie Team Real Estate
The Chris Wylie Team
RE/MAX Partners
14202 Champion Forest Drive
Houston TX 77069
281-583-9393
Fax: 281-583-9494