Real Estate News in Fort Worth | Chicotsky Real Estate Group

Renting vs. Buying a Home

06.01.2018

If you’ve spent any length of time in rental apartments you know about pesky neighbors, noise, landlord rules, rent increases, and leases that can be changed or cancelled with little to no warning.  Perhaps you’ve been frustrated once or twice with close neighbors that may or may not be clean and you’ve asked yourself what it takes to own your own home.  Are all home buyers like the ones on HGTV with $900,000 budgets that can never find what...

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The Many Benefits of Buying a Home

06.01.2018

Buying a home is one of the biggest life decisions that many people make. It may also be one of the best decisions, due to the many benefits that come with home ownership. Beyond the widely recognized of increased net worth and available tax deductions, the benefits of owning a home include advantages that can have a long-term impact on personal finances, retirement, and even community involvement. But some may still be skeptical about the...

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Need to Know Info for Buyers: Once You're Under Contract

05.25.2018

Congratulations, you have secured the property and are in the agreed upon option period! Once a contract is signed by both parties, the property goes from Active to Active Option in MLS. This means that other agents are notified that the property is being actively pursued by one particular buyer. Sometimes the home may still be shown to other agents and their clients in hopes of securing a back up offer, but this is at the seller's discretion....

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Real Estate Contracts in Texas and What You Need to Know

03.12.2018

Some areas of the main contract worth familiarizing yourself with as a homeowner or soon to be homeowner. This info is also important for sellers who will need to know the ins and outs of the contract to make sure they're aware of the intricacies of what is being negotiated. In the state of Texas, the One to Four Family Residential Contract (Resale) is the most prevalent contract used for buying or selling real estate - it was recently updated...

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What is a Prequalification Letter and Why Does My Agent Want One?

03.12.2018

What is a Prequalification Letter and Why Does My Real Estate AgentWant One? Anyone interested in financing their home purchase must first work with a mortgage lender to get pre-qualified. Taking this crucial first step will result in a buyer receiving a pre-qualification letter and is what we call in the industry, a pre-qual for short. There are many intricacies involved with a pre-qual and a good...

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