Red Phone Real Estate, a division of Banco Realty, is a full service real estate company that offers the following services:

 

1.       Selling residential homes

2.       Buying residential homes

3.       Managing properties for landlords

4.       Assisting investors with buying and managing their investment rental property

5.       Helping landlords find a tenant

6.       Small rehab jobs

7.       Short sales & foreclosures

 

Let us help you buy your next home!  In today’s market, now is a perfect time to buy because  EVERYTHING is on sale.  The real estate market rocks and reels from slow sales nationwide and companies are executing huge layoffs across the board, homeowners all over the United States are having to lower their sales prices due to the declining market.  Texas has not been hit as hard as the rest of the nation, but values have fallen.  As some neighborhoods have experienced an overall decline, some homeowners cannot refinance.  Overall, this creates a perfect environment for buyers to get great deals on their purchase of a home, an investment, or second property.

 

Sellers, this is a difficult market to sell in as home prices are falling, but homes ARE still selling.  Important factors to consider when selling a home in today’s market are the following:

 

1.       If you have been in your home for a few years, or your home is already paid off, then there could be equity.  It may be hard selling it for full market value, but having the ability to list the property for sale at a discount gives the homeowner the advantage of having options to still sell the home  if necessary.

2.       Make sure the home is in selling condition.  Over time, paint chips and fades, door knobs become loose, and carpet may have experienced a few accidents that require attention.  Landscaping sometimes goes awry over time.  Please take the time to shape up the yard to gain curb appeal and repair the paint and small incidentals.  This may cost up to $500 but it is a $500 well spent.

3.       Short sale your home as a last resort.  Rather than losing your house completely to foreclosure (if you can no longer make the payments) contact Red Phone Real Estate at 817-690-9109 and let us help you short sale your property.  With the proper paperwork, we will help deal with your mortgage company and sell the home for 75 to 80% of what you owe the bank to quickly attract a buyer.  In a short sale process it is always up to the bank to accept the offer but this is better than having a foreclosure on your credit.

 

Buyers, it is your market.  Here are several reasons why you should buy NOW:

 

1.       Prices are declining nationwide.

2.       Inventory is high which drives down sales prices; there are so many to pick from.

3.       When you buy low, you are already creating equity.  As soon as the market turns around, depending on if you buy your home low, it will tend to instantly appreciate with the market correction.

 

Property management is another service we provide to our landlords and investors.  Oftentimes when  people have a home to lease out, they are not sure how to deal with the conflict of late payments, tedious book keeping or the dreaded eviction for violation of the lease.  Red Phone Real Estate can help with by providing the following services:

 

1.       Managing the property

2.       Collecting the rent

3.       Paying the owners via direct deposit

4.       Overseeing general contractor jobs

5.       Evictions

 

Red Phone Real Estate provides a host of residential real estate services to fit your needs.  Please call us at 817-690-9109 for more details!

 

 

This entry was posted on Thursday, April 30th, 2009 at 5:56 pm and is filed under Buyers, Investors, Landlording, Property Management, Renters, Sellers. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.