Terri West, Realtor

09/19/2021

Showing houses in this Texas Heat ain’t for the faint of heart! Cool front on the way…..we need it bad!

09/15/2021

Is it better to buy a house now or wait for a ‘Market Correction’????

The downside to waiting for prices to fall is that you risk mortgage rates rising, and one thing we know for sure right now is that mortgage rates are at a record low. Using BankRate’s loan calculator, consider this scenario:

You buy a home today for $450,000 at 2.875%, with 20% down and a 30 year mortgage - your monthly payments will be $1,493 before taxes, insurance, etc. and over the lifetime of the loan, you'll end up paying (loan+interest) $537,830.

Let’s assume this home can be purchased for $410,000 due to a cooler market in 2022. If the mortgage rate goes up by a single percentage point over the next year (a rate of 3.875%), and with all other factors staying the same, your monthly payments will be $1,542 before taxes/insurance, and your total amount owed would be $555,380.

In other words - by paying $40,000 more while locking in a lower mortgage rate, in this scenario, you actually save money over the life of the loan by buying today. Again: it’s impossible to predict exactly what will happen, but you won’t necessarily save money by waiting for the housing market to cool. In fact, you might still pay more.

Source: Houwzer

05/23/2021

https://abc13.com/houston-real-estate-homebuying-where-to-live-in-prices/10538818/

"We're seeing things we've never seen before, multiple offers within an hour or two of properties being listed."

05/23/2021

How does $20-$50k above asking price sound for your home?
Don’t miss this opportunity!
Contact me today!

04/27/2021

Congrats to my client on his home purchase! Thanks for allowing me to assist you with your real estate goals! 🙏🏽

04/19/2021

I listed home at 2pm on Saturday
Multiple offers received
Offer accepted 6 hours later at 8pm
This market is fire 🔥 🔥 🔥

04/15/2021

If you’ve been thinking of selling your house, now is the time to act! This is one of the best seller’s markets we’ve experienced and a great opportunity to access your home’s equity! Contact me today!