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9 05, 2022

Buying A Fixer-Upper | The Fool Proof Way To Flipping Houses

2022-05-09T13:47:45-06:00May 9th, 2022|Categories: Buyers|

BUYING A FIXER-UPPER | THE FOOL PROOF WAY TO FLIPPING HOUSES Buying a fixer-upper can be a fantastic opportunity to build wealth in real estate. Finding them in today’s market can be challenging, but definitely worth pursuing. Let’s take a deeper dive before you call yourself the next Chip & Joanna Gaines. FOR YOURSELF OR AN INVESTMENT? First, you need to ask yourself if this is going to be your primary residence or an investment property for a quick flip or rental. The reason being is that the numbers and [...]

5 05, 2022

The Lake Team | Houston’s #1 Real Estate Team

2022-05-05T12:35:22-06:00May 5th, 2022|Categories: Buyers, Sellers|

THE LAKE TEAM: WHO ARE WE? GET TO KNOW US AS PEOPLE, NOT SALES PEOPLE. I’m not going to write how great and awesome we are; you can check out our client testimonials for that. We believe our work and customer service will support those claims. So I want to quickly explain who we are as people. My wife and I ultimately got into real estate in 2015 to provide a better life for our family with investment properties. I was working in the oilfield, offshore in the Gulf of Mexico, [...]

28 09, 2021

Home Warranty Companies | Real Or SCAM?! | Home Buyer Tips

2021-09-28T16:50:37-06:00September 28th, 2021|Categories: Buyers|

HOME WARRANTY COMPANIES | REAL OR SCAM?! Think of a home warranty like your cars warranty from a dealership. If something happens after you purchase a new car, you can get it repaired if the car is still under warranty. It’s the same way with a house. But is it worth it? Let’s find out! WHAT IS A HOME WARRANTY? A home warranty is a service contract that covers the expenses to replace or repair certain items and appliances within the home. Some examples of items covered can include [...]

27 09, 2021

The REAL Costs Of Owning A Home | Truth No One Tells You

2021-09-27T12:36:06-06:00September 27th, 2021|Categories: Buyers|

THE REAL COSTS OF OWNING A HOME | THE TRUTH NO ONE TELLS YOU Do you know all of the costs associated with owning a house? Like every last expense other than your mortgage? Well in this video and article we are going to break down a real world example of every single expense you need to know. Let’s go! For this example, let’s lay down the basis of where our numbers are coming from. Purchase Price: $300,000 Down Payment: 5% = $15,000 Loan Amount: $385,000 Interest Rate: 3.25% [...]

23 09, 2021

Tips For Building A Custom Home | Biggest Mistakes To Avoid

2021-09-23T09:56:17-06:00September 23rd, 2021|Categories: Buyers|

TIPS FOR BUILDING A CUSTOM HOME | BIGGEST MISTAKES TO AVOID Building a new house can be fun and exciting! Especially if it’s your first time. Before you go off and start signing contracts with builders or contractors, check out these quick tips on how to avoid common mistakes people make when building a house. PICKING AN UNRELIABLE BUILDER If you are building a new construction home in a subdivision with a builder, you shouldn’t have too much to worry about. But you should definitely still do your research [...]

22 09, 2021

What Is Earnest Money & Option Fee? – Houston Real Estate

2021-09-22T09:03:16-06:00September 22nd, 2021|Categories: Buyers|

WHAT IS EARNEST MONEY AND OPTION FEE? | HOME BUYING 101 When you and the seller agree to the terms of a contract, the next step is to deposit two checks made out to the title company: one for the earnest money deposit, and one for the option fee. The amounts are negotiated, but will be spelled out in the contract that both parties sign. But what exactly are these? Let’s dive in.. EARNEST MONEY Earnest money is basically a deposit in good faith that you are serious about [...]

21 09, 2021

Building A Custom Home | What You Need To Know

2021-09-21T15:27:28-06:00September 21st, 2021|Categories: Buyers|

BUILDING A CUSTOM HOME | WHAT YOU NEED TO KNOW There’s nothing more satisfying than seeing your vision become a reality. Building a custom home is loaded with many perks and can be very rewarding. Before you go off and start building, there are a few things you should know. Let’s dive in! FINDING YOUR LOT The first thing you need to do is find the area you want to call home and find a vacant lot to build on. You can find lots for sale on the market [...]

20 09, 2021

First Time Home Buyers 101 | The Path To Homeownership

2021-09-20T14:30:05-06:00September 20th, 2021|Categories: Buyers|

FIRST TIME HOME BUYERS 101 | THE PATH TO HOMEOWNERSHIP Are you committed to achieving the American dream of homeownership, but don’t know where to start? Or maybe you think it’s too difficult to buy a house? Well, this article is for you! MORE SIMPLE THAN YOU THINK Some people believe buying a house is more difficult than it actually is. They think they need a ton of money to make it happen. In reality, this couldn’t be further from the truth. You don’t have to be rich or [...]

17 09, 2021

Tips For Buying A New Construction Home In Houston

2021-09-17T13:35:46-06:00September 17th, 2021|Categories: Buyers|

TIPS FOR BUYING A NEW CONSTRUCTION HOME IN HOUSTON Buying a new construction home can be very exciting. We’ve been there! What are some ways you can make the best out of your investment? Check out some of these tips you need to know before you sign on the dotted line. TIP #1: BUY EARLY When it comes to new developments, the best thing you can do, in our opinion, is to buy as early as you can. You don’t want to be the last person the builders sell [...]

16 09, 2021

Most Common Home Loans For Buying A House | Home Buyer Tips

2021-09-16T15:57:19-06:00September 16th, 2021|Categories: Buyers|

MOST COMMON HOME LOANS FOR BUYING A HOUSE | TIPS FOR GETTING A MORTGAGE Buying a house has it’s perks. But do you know the most common loan types that are used? Do you know which loan would best fit your goals? In this video and article we break down everything you need to know about the different loan types and how to qualify for them. FHA LOANS An FHA loan is insured by the Federal Housing Administration (FHA) and is issued by a mortgage lender that is FHA-approved. [...]

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