Jillian Reed, Realtor

Jillian Reed, Realtor With JLA Realty, my goal is to help you conquer each step in your home buying/selling adventure so you too, can create the life of your dreams. JLA Realty

Is it worthwhile to improve your property, or is moving a better choice?Unless you built a custom home, you probably hav...
01/11/2022

Is it worthwhile to improve your property, or is moving a better choice?
Unless you built a custom home, you probably have a long list of things you’d like to improve in your current home. Browsing online listings might get you in the mood to upgrade to a new home, or you might be thinking about renovating your current home after binging on HGTV. The answer to renovation vs. relocation depends greatly on what you’re trying to fix.

Thinking about a new kitchen?
If you’re dreaming of a chef’s kitchen with new appliances and beautiful cabinets, renovating your own kitchen gives you incredible ROI and is less costly than moving. You’ll increase the value of your own home if you ever decide to sell, and there’s a great sense of accomplishment that comes with completing a custom renovation.

Need more space?
If you’re running low on bedrooms, there may not be a lot of options. Converting an existing room to a bedroom doesn’t create any new space. If you’re in a condo, an addition is probably impossible. And additions can be expensive even if it’s a possibility. Moving is usually the best option.

If the neighborhood isn’t ideal
You may have seen some potential for your neighborhood when you first moved there, but perhaps it still isn’t welcoming the shops and restaurants you expected. If that’s the case, consider moving. There’s no sense in waiting years for the neighborhood to improve, especially if you can move to a house in the same price range in a more preferred part of the city.

You may think that sale price is the only factor when you’re looking at comps and trying to set a price for your listing...
01/04/2022

You may think that sale price is the only factor when you’re looking at comps and trying to set a price for your listing. But it’s actually a bit more complicated. Here are five things that affect comps that you might not be aware of.

1. New construction nearby: Because of low prices for lots and varying prices in home building materials, new homes can actually be cheaper and cost less per square foot than existing homes. If there’s a lot of new construction nearby, that can affect the price for your own listing.

2. Renovations: Recently renovated homes typically sell for more than homes that haven’t been updated in a while. If you’ve recently upgraded your home—especially sought-after upgrades like the kitchen or master bath—your home should be priced appropriately.

3. Developable lots: Not all lots are created equal. Even if the square acreage is the same, a lot that’s easily developable will get a better price than a hilly or rocky lot that needs a lot of preparation.

4. Listing price vs. sale price: Whether sellers actually get their asking price depends greatly on the market. When you’re pricing your home, it’s important to look at sales prices, not just listing prices. The listing price doesn’t always accurately reflect what a home will sell for.

5. Location: Nearby amenities, safety, schools, and noise levels can vary greatly within a neighborhood. Homes in more desirable parts of the neighborhood will sell for a higher price, all else being equal.

It’s easy to get stressed out just hearing the word “renovation.” You’re instantly thinking of having your home life dis...
12/28/2021

It’s easy to get stressed out just hearing the word “renovation.” You’re instantly thinking of having your home life disrupted by construction debris, cluttered rooms, and loud noises.
But you don’t have to spend a ton of money and brace yourself for months of inconvenience to upgrade your home. Here are a few projects that you can knock out in a single day, and they’ll greatly improve the look and enjoyment of your home.

Paint or replace an exterior door: If you know the correct dimensions and specifications for a replacement door, replacing an exterior door is a quick and easy job. That’s even more true if you’re repainting it. Preparation and a few coats of paint will only take a few hours.

Plant some low-maintenance trees: Young evergreen trees are relatively simple to plant, and after some heavy watering in the first few weeks, they’re very easy to maintain. They’ll add some color and texture to your landscaping, instantly improving curb appeal.

New light fixtures: Whether they’re on the interior or exterior of your home, something as subtle as light textures can have a dramatic effect. Swapping out traditional fixtures for something modern or industrial can completely transform a room.

New hardware: Drawer pulls and door k***s are easy to change out, and like light fixtures, they have a big impact. You’d be amazed how your kitchen or bathroom could look with new hardware.

There’s no more important time to work on your credit score than when you’re about to apply for a mortgage. Improving yo...
12/21/2021

There’s no more important time to work on your credit score than when you’re about to apply for a mortgage. Improving your credit can save you a ton of money—we’re talking about thousands of dollars over the life of the loan. Here are the actions you can take that will have a notable impact on your score.

Pay down your credit card balances
Credit utilization is one of the biggest factors in determining your credit score. Your credit utilization should at least be less than 30 percent of your limit, and it’s even better if you can get it below 15 percent. This rule applies to both individual cards and your overall credit limit.
It may even be worthwhile to use some of the cash funds you were planning to use for a down payment to pay off credit card balances.

Do no harm
While you certainly want to improve your score if possible, at the very least you’ll want to keep it steady. Avoid opening new lines of credit if you’re applying for a mortgage in the very near future. This will cause a hard inquiry to show up on your credit report.

Take care of negative items
It’s good practice to check your credit report for negative items a few times a year—you can get one free report from each of the three major bureaus (Experian, Equifax, and TransUnion) per year.
If you find any negative items (collections, late payments, etc.), write a letter to the original creditor. Explain the circumstances that led to the negative item, and request that it be removed from your report. It can be surprisingly effective, and removing a negative item will improve your credit score in a hurry. You can find some good templates for a request letter online.

WOW garage edition winner!!! This one of a kind house in the heart of Katy is no longer on the market, but it sure is fu...
12/17/2021

WOW garage edition winner!!!

This one of a kind house in the heart of Katy is no longer on the market, but it sure is fun to look at it!

WOW!! Garages, so you can have more space for all the new toys you get for Christmas!!
12/15/2021

WOW!! Garages, so you can have more space for all the new toys you get for Christmas!!

With all the money you pay for a home, you want to make sure you spending your hard-earned dollars on a legitimate piece...
12/14/2021

With all the money you pay for a home, you want to make sure you spending your hard-earned dollars on a legitimate piece of property—and that’s where a title company comes in.

When you purchase a home, a title company will research the property to ensure that you are the rightful owner. They’ll look through records for anything that might cause problems—ownership disputes, restrictions, unpaid taxes, liens, and more. Their goal is to document the chain of title and identify any issues that could become major problems down the road.

At the end of the process, the title company issues a title opinion. This is a legal document that states that the title is valid.

The title opinion is part of obtaining title insurance. The insurance protects both the owner and the lender if there is a title dispute. If another party is actually the rightful owner of the home, your title insurance protects you from financial loss.

In addition to title opinions and title insurance, title companies also handle escrow accounts and distribute money to the appropriate parties at closing. They’ll also deliver closing documents to the appropriate agencies.

Experience is important in the title business, so look for a company with a great reputation in addition to seeking the best rate. Your real estate professional can refer you to some great title companies.

WOW!! A good day for some porch sitting! Where will you be?!
12/08/2021

WOW!! A good day for some porch sitting! Where will you be?!

THE best adventure buddies!
12/07/2021

THE best adventure buddies!

It’s easy to be wowed by a house. You’re anxious to discover your dream home and accomplish a big goal. You can’t wait t...
12/07/2021

It’s easy to be wowed by a house. You’re anxious to discover your dream home and accomplish a big goal. You can’t wait to cook in the brand new kitchen or relax in the spa-style tub. All that excitement can also make it easy to dismiss some minor issues that can become major annoyances down the road. Rather than letting your excitement get the best of you, take the time to analyze smaller details properly.

Don’t dismiss the location
Let’s say you find a perfect home that’s an extra 20 minutes each way from work. Those 40 total minutes don’t seem like a big deal at first glance, but consider that you’ll be dealing with that extra commute day after day, year after year for as long as you live in the house. Is that an inconvenience you’re willing to deal with? Make an educated decision—do a test run of the actual commute and see whether it’s tolerable, or would eventually drive you crazy.
Stressing location also means committing to a neighborhood. Does the potential neighborhood align with your priorities? Make sure you’re choosing a location that makes it easy to do the things you love most, whether that’s enjoying city nightlife or escaping to quiet home away from it all.

Working order
Shiny new appliances and an open-concept living space may be on your list of must-haves, but don’t let the aesthetics distract from the basics.
Are the basement and attic in good shape? Problems like mold and water damage can turn an otherwise perfect home into a nightmare, and a poorly insulated attic can cause your bills to skyrocket.
None of these issues should necessarily remove a home from consideration—you just have to be aware of the total package.

Everyone needs an occasional Motivation Monday!
12/06/2021

Everyone needs an occasional Motivation Monday!

WOW winner!! Beautiful cul-de-sac home already off the market! This one has a man cave, batting cage and lazy river!
12/02/2021

WOW winner!! Beautiful cul-de-sac home already off the market! This one has a man cave, batting cage and lazy river!

Address

5315 Hwy Boulevard Suite E
Katy, TX
77494

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