San Antonio Real Estate La Rhon Fields

03/10/2024

Open House today from 11 am - 1 pm at 7900 Forest Crossing in Live Oak, Texas

09/29/2023

Maintaining a home is one thing but know what needs updating as you occupy is also a thing of importance!

06/06/2022

Timing is Everything….A Story from a Lenders Perspective!

Had this young girl 2 years ago got her qualified for a 165k home she was making 15 dollars an hour. Back then 165k was getting her a 1,000 sf home with a 2 car garage.

At a 2.25% rate her payment was like 1,120 a month all closing costs covered too.

Right before signing the purchase agreement she backs out tells me she really wants the 1.260 sf home instead but she couldn’t qualify for it.

Well she seemed really determined she was going to pay off her student loans and work hard to get a raise. And she did! And she came back 2 years later with 0 debt (thanks Dave Ramsey!) and now she is earning 21.50 an hour.

Her max approval now is 1,677 a month which translates into a 200,000 home which happens to be a 2/2 720 sf with no garage 🤦‍♂️

Now if she had purchased that home 2 years ago, that same home is selling for 235,000 now. Let’s say she sells it at 220,000 that’s 55k of equity minus 13,200 realtor commission minus some closing costs let’s keep math simple about 40k
Plus she saved 15k in the last two years that’s 55k down payment

With those 55k now she qualifies for the 1,260 sf home she really wanted and worked so hard for…

Whose fault was it? Mine because I didn’t try hard enough to close her on that home. Kept overcoming objections the entire time by the time it was time to write the purchase agreement I was like is my day off is 8 pm already I’ve already sold 2 homes today she wants to wait let her wait 🤦‍♂️

Moral of the story don’t wait to buy a home… best time to buy real estate was 30 years ago because the home would be paid off. Second best time is always today!

01/29/2021

Housing Market #2021

01/16/2021

Once you’ve found the right home and applied for a mortgage, there are some key things to keep in mind before you close.

09/09/2020

If you are looking for your first home this is it!

07/30/2020

Community: Hunter's Trace
Builder: Empire

07/16/2020

A Beautiful home that is now available for you to enjoy!

For sale: $294,900. Beautiful 4 Bedroom home in gated community! Great Location! Great Schools! * Gorgeous landscaped yard w/ large stained deck, sprinkler system and backs up to a greenbelt * Mother-in-law suite downstairs with a full bath * Beautiful wood floors on main level and master suite * Hu...

07/09/2020

Anyone have these flooring types at home? I think it all depends on the room. leave me a comment to share your pros and cons!

07/07/2020

07/07/2020

Together We Shall Rise! Don't wait or hesitate let's go! 210-570-2464 or www.larhonfields.com

With the release of the latest Economic Pulse Flash Survey from the National Association of Realtors (NAR), results show that people selling their houses today are holding strong on price.