Choosing which improvements to make is where many homeowners go wrong. “They over-improve or improve in ways that don’t really matter to the buyers in their particular area.” Exactly the reason you should consult with a qualified realtor in your neighborhood before investing in any improvement projects. They can tell you if buyers are looking for nurseries or extra bedrooms and can actually save you money by preventing well-intended but unnecessary upgrades. Top ten list
Remodeling costs have dropped 10% to 15% in the past five years even while the cost of materials rose about 17%.
Houston area’s real estate hot streak continues. In January, single-family home sales were up 28.3 percent while inventory fell to its lowest level since December 1999, according to a monthly report from the Houston Association of Realtors. Homes in many parts of the Houston area are selling quickly and often at their full asking prices. Some sellers are seeing multiple offers and frenzied real estate agents are knee-deep in showings and contracts. What a great time to sell! Houston home prices rise, but sellers cautious – Houston Chronicle
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If the seller agrees to certain repairs during option period but has not signed the amendment to the contract can he or she change their mind?
Very simple, yes! Always be sure that the amendment to the contract is signed by all parties PRIOR to the option period expiration date. Real Estate transactions require all agreements to be in writing to be enforceable.