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Equal Opportunity Housing Law in Texas

Information about housing discrimination policies in Texas and the Fort Hood Area.

Posted in: Real Estate Industry Tagged: Buddhist temple, equal housing, mosque

The 10 Things Clients Say that Ruin a Real Estate Agent’s Day

10 not-so-cheeky things that real estate agents probably don’t want to hear.

Posted in: Real Estate Industry

Fort Hood Area Gross Rent Multipliers(GRMs) / Cap Rates

Information for Investors interested in the Fort Hood, Killeen, Harker Heights and Copperas Cove markets, on local GRMs and Cap Rates.

Posted in: Investing Tagged: Cap Rate, duplexes, fourplexes, GRM, Gross rent

The Purchase Contract (Resale): Para. 8 – Broker’s Fees

Texas Association of Realtors Logo

The Texas Association of Realtors (TAR) 1-4 Family Purchase Contract Paragraph 8: Broker’s Fees, explained and discussed.

Posted in: Contracts Tagged: commissions, fsbo, listing agreement, representation agreement

Why Hasn’t My Home Sold Yet?

Active Rain Home Seller Mistakes

I’ve talked about the four principles of marketing your home – PACE. If you home hasn’t sold, it is most likely because it hasn’t adhered to some of those principles of home-selling. Reviewing those principles and comparing them to your time on the market are key to adjusted tactics to get results. “What is a […]

Posted in: Selling Tagged: accessibility, condition, Days on Market, exposure, PACE, price

What’s in a Mortgage Payment?

PITI

Principal, Interest, Taxes and Insurance (PITI) are the four elements of most mortgage payments. Read more about what you can do about each.

Posted in: Homeowners Tagged: escrow, Insurance, Interest, MIP, Mortgage, PITI, PMI, Principal, Taxes

Lennar’s Next Gen Suite – the Ultimate Mother-in-Law

Evergreen Estates in Harker Heights, TX features Lennar homes with the Next Gen Suite, an apartment attached to the home with all the essentials.

Posted in: Buying Tagged: Evergreen Estates, harker heights, Lennar, mother-in-law suite, Purser Crossing, Saratoga, White Rock Estates

The REALTOR® Code of Ethics: Article 4 and 5 – When the Buyer/Seller is an Agent

Realtor Logo

Welcome back to my series on the Realtor Code of Ethics, Articles 4 and 5! The previous article was about Cooperating with Other Brokers. Articles 4 and 5 concern disclosing an agent’s ownership interest in a property for sale, or relationship with professional services during the transaction. Article 4 – Disclosing Whether the Agent is […]

Posted in: Real Estate Industry Tagged: Code of Ethics, Disclosure, Family Member

Conventional Loan

Types of Loans

Information on the pros and cons of the Conventional, or conforming, mortgage home loan.

Posted in: Loans Tagged: closing costs, Conventional, debt-to-income, downpayment, FHA, Lenders, mortgage rate, USDA, va

Killeen’s Big Hoss BBQ at the Settlement

Big Hoss BBQ
9502 E Trimmier Rd.
Killeen, TX 76542
(254) 699-HOSS (4677)
(254) 702-8243 (Catering)
Hours: FRI: 4PM – 9PM, SAT: 11AM – 9PM, SUN: 11AM – 7PM

Posted in: Fort Hood Area, Restaurants Tagged: bbq, killeen

How to Choose a Title Company for your Home

Information about title companies and recommendations on what to look for when choosing one for your closing, as well as a list of Fort Hood area companies.

Posted in: Buying, Selling Tagged: Title Company, title insurance

Killeen Buyers Have it Good – My experience at the Texas Association of Realtors Conference

My experience and takeaways at the 2015 Texas Association of Realtors (TAR) Conference in Fort Worth.

Posted in: Real Estate Industry Tagged: Convention, TAR

The Purchase Contract (Resale): Para. 7 – Property Condition

Texas Association of Realtors Logo

The Texas Association of Realtors (TAR) 1-4 Family Purchase Contract Pargraph 7: Property Condition, explained and discussed.

Posted in: Buying, Contracts, Real Estate Industry, Selling Tagged: As-Is, Home Warranty, Inspection, Lead-Based Pain, Option Period, Seller's Disclosure, Utilities

Fort Hood Short Term and Corporate Rentals

What to expect from a short term rental (month-to-month), when you need one, and how to find them in the Killeen/Fort Hood Area.

Posted in: Buying, Investing, Real Estate Industry Tagged: Browns Temporary Apartments, corporate rental, short term rental

Killeen Home Value Appreciation Is Beating Inflation

Fort Hood vs. Inflation and Case Shiller Index

The average annual appreciation (2006 – 2014) for Killeen, TX was 2.2%. Accounting for inflation, the real rate was 0%. Here’s why that’s just fine.

Posted in: Market Tagged: Appreciation, Inflation, killeen

Say What? Killeen has the 6th fastest growing economy in the USA.

According to WalletHub, Killeen’s economy ranks as the 6th fastest growing in 2015, also boasting the 4th highest reduction in poverty.

Posted in: Investing, Market Tagged: killeen

3 Reasons Your Real Estate Agent Might be a Republican

Real estate agents are pretty evenly divided, Republican and Democrat. But here are three reasons why your agent might just be a Republican.

Posted in: Real Estate Industry Tagged: Democrat, real estate agent, Republican

Chaparral West – Affordable Killeen Homes with Elbow Room

Information about Chaparral West, a Killeen neighborhood with affordable homes under $200,000 on half-acre lots and space between neighbors.

Posted in: Fort Hood Area, Neighborhoods Tagged: Bella Charca, Chaparral West, Deerwood Estates, Neighborhood, River Ridge

The REALTOR® Code of Ethics: Article 3 – Cooperating with Other Brokers

Realtor Logo

An explanation of the Realtor®’s ethical obligations to their clients, Article 3: Cooperating with other brokers.

Posted in: Real Estate Industry Tagged: Article 3, Code of Ethics, Cooperating Brokers, NAR, TAR

5 Tips on Choosing a Quality Mortgage Lender

Good Faith Estimate Logo

Fort Hood / Killeen area recommended lenders, and criteria to use to help choose which lender or mortgage broker is right for you.

Posted in: Buying, Loans Tagged: Brokers, Builder, GFE, Good Faith Estimate, Lenders, Loan Originators, Mortgage, Points, real estate

Killeen’s Taiwan Dragon Restaurant

The Taiwan Dragon, Chinese Restaurant in Killeen

Information about the Taiwan Dragon Chinese Restaurant. 308 E Avenue G Killeen, TX 76541 (254) 526-2229 or (254) 526-0392 (Pick-up)

Posted in: Fort Hood Area, Restaurants Tagged: Ashley, Chinese, Hail and Farewell, killeen, My 600 lb life, Pictures, Taiwan Dragon

The Purchase Contract (Resale): Para. 6 – Title Policy and Survey

Texas Association of Realtors Logo

Explanation of Paragraph 6 (Title Policy and Survey) of the Texas Association of Realtors (TAR) Purchase (Resale) Contract.

Posted in: Contracts Tagged: Annexation, Certificated Service Area of a Utility Service Provider, HOA, MUD, Propane Gas System Service Area, Public Improvement Districts, Survey, TAR, Title Policy

Fort Hood Area Foreclosures

Foreclosure Sign

You may have heard about foreclosure and what a good deal they can be.  And they certainly can be exactly that, depending on your circumstances, resources and what you are looking for. In my experience, buying foreclosures can be a great option to consider if you have some extra money for closing costs and any […]

Posted in: Buying, Investing Tagged: foreclosures, fort hood area, MLS, VA loan

The Fort Hood Area MLS

The Fort Hood Area MLS

Updated 2/4/18; Originally published 9/1/15 What is the MLS? The Multiple Listing Service (MLS) is a marketplace available to professional real estate agents, brokers, and other affiliate members like appraisers.  It was born out of a need for cooperation between agents.  I may have a home listed, but some other agent has a buyer.  The […]

Posted in: Buying, Real Estate Industry Tagged: buyers, FHAAR, fort hood area, MLS, Search Homes

Fort Hood Area Builders

A new home under construction

SEARCH THE FORT HOOD AREA MLS FOR HOME BUILDERS The population of Fort Hood has exploded since 2000 due to the War on Terror.  Killeen itself was around 90,000 in 2000, and is now estimated at just shy of 140,000, 15 years later. As such, the area has a LOT of new homes, and continues […]

Posted in: Buying, Market Tagged: Ashford, Cameo, Carothers, Centex, D R Horton, fort hood area, Lennar, MLS, Precision Value, Purser, Realtor, Sales Associate, Saratoga, Stylecraft, Symphony, Victory

The REALTOR® Code of Ethics: Article 2 – Exaggerating Home Values and Agent Competency

Realtor Logo

Welcome back to part 2 in my series on the Texas Association of Realtors Code of Ethics. These are rules of conduct that all real estate agent members of the TAR must follow at risk of fines, discipline, or even being thrown out. Previously, of course, we discussed Article 1.  Today, surprise surprise, is Article […]

Posted in: Buying, Real Estate Industry, Selling Tagged: Aricle 2, Code of Ethics, Confidentiality, Disclosure, Exaggeration, Realtor

Buying a Home? To Use or Not to Use a Realtor®?

In American real estate, buyers’ agents have been a fairly recent phenomenon dating to the early 1990s.  Before then, homes were listed with a listing agent and advertised, and buyers went directly to the listing agent, buyer beware!, to buy homes.  They themselves had no representation. In time, it became more and more customary in […]

Posted in: Buying Tagged: builders, phil dunphy, Realtor

The U S Government has Nationalized Housing, and Nobody Cares

Fannie Mae

Imagine the following: You own a family business that has been around since 1938, respected, even loved.  You eventually took a product that was inaccessible to millions of Americans and made it affordable.  You were even one of the companies highlighted in Jim Collin’s bestselling must-read business book Good to Great as an example of […]

Posted in: Real Estate Industry Tagged: Fannie Mae, FHFA, freddie mac, HUD, Sweep Amendment, Third Amendment

The Income Approach to Home Valuation

Killeen Area Fourplex

How much is a home worth? This is something everyone needs to know, whether it be a buyer, seller, investor, or lender. There are three methods of valuing or appraising a home. Comparable Sales Approach Cost Approach Income Approach I’ve previously discussed the typical method, and often the only method a real estate agent will […]

Posted in: Investing, Market Tagged: Cap Rate, fort hood, GRM, Gross rent, investing, killeen, NOI, real estate

Harker Heights Purser Family Park

Harker Heights Purser Family Park

Location: 100 W Mountain Lion Rd. Harker Heights, TX 76548 Hours: 5 AM – 11 PM Dog Park Hours: Sunrise – Sunset Purser Family Park is a much needed addition to the southwest side of Harker Heights, located on the south side of Stagecoach / Mountain Lion. The park is 35 acres with a creek […]

Posted in: Fort Hood Area, Parks Tagged: Deerwood Estates, Dog Park, Frisbee Golf, harker heights, Skipcha Mountain Estates, Spanish Oaks, White Rock Estates

Fort Hood Area Inventory Is Shrinking

Fort Hood Area Single Family Home Inventory

Is it a buyer’s market or a seller’s market?  Is there a way to tell other than gut feelings and anecdotes about how quickly homes are selling or not? Of course. It’s called months of inventory (or absorption rate). Months of Inventory and Absorption Rates are the same thing. “Absorption Rate” is a term more […]

Posted in: Buying, Market, Selling Tagged: absorption rates, copperas cove, duplexes, fort hood area, fourplexes, gatesville, harker heights, kempner, killeen, Lampasas, months of inventory, nolanville

Killeen’s Long Branch Park

Long Branch Community Park

Long Branch Park 1101 Branch Dr. Killeen, TX  76543 Long Branch Park is by far the largest and most diverse Killeen Park, and easily the best park on the north side of town, north of Highway 190 (Lion’s Club Park is the best park south of Highway 190).  The park is named after the Long […]

Posted in: Fort Hood Area, Parks Tagged: Copperfield, Country Place Apartments, killeen, Lake, Leon Heights, Rancier Ave, Remington Apartments, Summerlyn Apartments

Investing in REITs – the Everyman Method of Owning Real Estate Investments

Investing in REITs

Have you ever thought about investing in real estate, but it seemed too complicated, too risky, or too expensive? Most people, when they think about real estate investing, think about HGTV and high caffeinated flippers running around town buying up homes at auctions with an interminable supply of cash, getting greasy with the rehab, contractor […]

Posted in: Investing, Real Estate Industry Tagged: John Waggoner, REIT, USA Today

The Purchase Contract (Resale): Para. 5 – Earnest Money

Texas Association of Realtors Logo

Note: The Texas Association of Realtors and TREC update promulgated forms regularly.  For the most recent updates, check with TAR, TREC, or contact me at brian@starpointerealty.com. Note: I am a real estate professional, not a lawyer.  Nothing herein should be construed as legal advice or instructions. We previously discussed the Sales Price and Financing terms […]

Posted in: Buying, Contracts, Selling Tagged: Austin, buyers, Earnest Money, fort hood area, sellers, texas, Title Company

The Brian E Adams PACE Home Selling Strategy

Sold Sign

Being former military, if I can make an acronym for something, I sure am going to do it.  As I’ve developed my techniques for marketing homes, I’ve distilled the responsibilities and strategies into just such an acronym: PACE.  Price, Accessibility, Condition and Exposure. These are the four elements that, if done right, will sell any […]

Posted in: Selling Tagged: accessibility, condition, exposure, killeen, PACE, price, selling

Harker Heights Community Park

Harker Heights Community Park

Location: Harker Heights Community Park 1501 East FM 2410 Harker Heights, TX 76548 (254) 953-5657 (HH Recreation Center) Hours: Monday – Sunday, 5 AM to 11 PM Harker Heights Community Park is very well kept 62 acre park located near Harker Heights High School. Even though it is out of the way from where we […]

Posted in: Fort Hood Area, Parks Tagged: Baseball, Evergreen Estates, harker heights, Knights Ridge, Playground, Running Trails, Softball

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Brian E Adams, Realtor

Brian E Adams, Realtor, GRI
StarPointe Realty
1604 South W S Young Drive
Killeen, TX 76543
(512) 763-7912
brian@hoodhomesblog.com
Licensed in the State of Texas

 

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