EXIT Realty Partners: Your San Antonio Homes Experts

By EXIT Realty Partners www.930EXIT.com Buying a home should be fun, not stressful. As you look for your dream home, keep in mind these tips for making the process as peaceful as possible.  1. Find a real estate agent who you connect with. Home buying is not only a big financial commitment, but also an emotional one. It’s critical that ...

By EXIT Realty Partners www.930EXIT.com Condominiums and townhouses offer an affordable option to single-family homes in many markets, and they’re ideal for those who appreciate a maintenance-free lifestyle. But before you buy, make sure you do your legwork. These are some of the important elements to consider: ...

By EXIT Realty Partners www.930EXIT.com You’ll likely be responsible for a variety of fees and expenses that you and the seller will have to pay at the time of closing. Your lender must provide a good-faith estimate of all settlement costs. The title company or other entity conducting the closing will tell you the required amount ...

By EXIT Realty Partners www.930EXIT.com On closing day, expect to sign a lot of documents and walk away with a big stack of papers. Here’s a list of the most important documents you should file away for future reference. HUD-1 settlement statement. Itemizes all the costs — commissions, loan fees, points, and hazard insurance ...

By EXIT Realty Partners www.930EXIT.com Moving to a new home can be stressful, to say the least. Make it easy on yourself by planning far in advance and making sure you’ve covered all the bases. 1. Plan ahead by organizing and budgeting. Develop a master “to do” list so you won’t forget something critical on moving ...

By EXIT Realty Partners www.930EXIT.com Before you buy, contact the condo board with the following questions. In the process, you’ll learn how responsive — and organized — its members are. You’ll also be alerted to potential problems with the property. 1. What percentage of units is owner-occupied? What percentage is ...

By EXIT Realty Partners www.930EXIT.com Before you make your final buying or selling decision, you should have the home inspected by a professional. An inspection can alert you to potential problems with a property and allow you to make an informed decision. Ask these questions to prospective home inspectors: 1. Will your inspection meet ...

By EXIT Realty Partners www.930EXIT.com Title insurance protects the holder from any losses sustained from defects in the title. It’s required by most mortgage lenders. Here are five other things you should know about title insurance. 1. It protects your ownership right to your home, both from fraudulent claims against your ...

By EXIT Realty Partners www.930EXIT.com The tax deductions you’re eligible to take for mortgage interest and property taxes greatly increase the financial benefits of homeownership. Here’s how it works. Assume: $9,877 = Mortgage interest paid (a loan of $150,000 for 30 years, at 7 percent, using year-five interest) $2,700 = Property ...

By EXIT Realty Partners www.930EXIT.com Brush up on these mortgage basics to help you determine the loan that will best suit your needs.  ·         Mortgage terms. Mortgages are generally available at 15-, 20-, or 30-year terms. In general, the longer the term, the lower the monthly payment. ...