Monday, August 6, 2012

The Truth About the 3.8% Real Estate Sales Tax - Odessa TX

7:08 PM

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Learn the Facts

I have been hearing false rumors going around about a transfer tax on all real estate sales. The claim is that the Affordabel Care Act includes a 3.8% tax on all real estate sales. Not so.

Real Estate Scenarios and Examples

The act does include a 3.8% tax on some investment income, it will effect the majority of home sales, especially in the Odessa & Midland TX home sales. The tax applies only to people with adjusted gross income of $200,000 ($250,000 for a joint return). Also, as a homeowners, if you sell your principal residence, you will continue to receive the exclusion of $250,000 of gain on the sale of the home ($500,000 for married couples).

Learn the Facts from NAR about the 3.8% real estate “sales tax” in the health care bill.

If you want to know the truth about what is going on in the Odessa TX, Midland TX. and Greater West Texas real estate market – call me at 432-934-4439 - I am always here to help. Specializing in Odessa TX homes for sale and luxury home marketing.

Make It Your Own,

: Donna Edwards

Author Bio: Donna Edwards is a broker associate of DeRiso & Haynes Realty in Odessa Texas, a highly regarded boutique firm of Odessa Realtors – selling more homes annually than any other firm in Odessa! For more information on how we can best serve your real estate needs, give her a call at 432.934.4439 or by email at donna@OdessaMidlandHomes.com . Also, check out what fabulous clients have to say on her testimonials page!

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« Adding Energy Efficiency with Attic Insulation – Odessa TX

Selling Your Odessa Home In Today's Market

8:17 AM

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As a full time licensed Odessa TX realtor, my marketing plan gives your home extensive advertising & enormous exposure. My knowledge in the market is essential to correctly pricing a home. Timing and price are very important when selling your home. I will help you determine your best price for your home.

Not only will your home be advertised locally, but also on the industry's top siearch engines to provide your home unparalleled global exposure. By knowing what buyers are searching for allows me to focus marketing your home to the right buyers. My digital marketing innovative online tools can provide maximum exposure to your home. A customized virtual office website with buyer friendly features along with a personalize single property website focusing on your home bring buyers to view your home.

By working me as your agent you can know you are receiving the best possible service from your agent in terms of focus, visibility, innovation, training, accessibility, and results.

View Sellling Your Home In Today's Market Video

Intro Agent Credientials
1:09 Advance Marketing System - Traditional, Digital, & Mobile
2:13 Market Analysis - Determining Market Value
2:48 Real Value - Above Market, Below Market & at Market Value
3:27 Timing+Price
4:12 Online Inventory Marketing
4:40 Consumer Research
5:05 Digital Marketing
5:51 Virtual Office Website
6:31 Virtual Flyer
6:44 Single Property Website
7:10 Work With the Best

Make It Your Own,

: Donna Edwards

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Home Improvements That Pay Off - Odessa TX

2:42 PM

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When selling you home the temptation is strong:

When interviewing agents you focus all of your attention on how much they charge and what they claim the house is going to sell for. In reality you may be getting less than you bargained for. Some real estate agents recommend you do little if anything to get your home ready for sale. This could work if you price the listing to look like a bargain. However, most buyers in today’s market are nervous and picky. They aren’t in a hurry and they want a house that’s move-in ready. An agent who is looking for a fast sale might steer you away from doing any fix-up work. It takes a lot of time and coordination to get a home properly prepared for sale in today’s market. Some agents don’t want to take on the effort, or haven’t the vision to see the home’s potential. This could cost you on the sale.

REAL EXPERIENCE:

Case Study: Agent B Agentagent didn’t tell her clients what they needed to do to get their house ready for sale. True, the house had good features but it needed attention to the details. It looked undersized, worn and uncared for. All of the items needed to give it a face lift could have been completed at little or no upfront cost but the sellers never were properly advised. The house didn’t sell until the sellers hired me and I recommended a laundry list of items to take care of before selling. The home was then staged, received a high quality photo shoot and heavily marketed online – including video! The house then received great reviews from agents, numerous showings to buyers and most important – a contract.

YOUR ADVANTAGE:

It’s a new start for you; I have experience helping people like you successfully sell their home the second time around. If you’d like to ask me a few questions – no pressure, no hassle, no obligation – just a friendly conversation about your plans, please call me directly at 432-934-4439. Let’s get your home sale moving,

Make It Your Own,

: Donna Edwards

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Owner Finance Homes - Odessa TX

1:11 PM

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A Rare Find In Odessa TX

Question from Buyer- Are there any owner financed homes in Odessa TX? Owner financed homes are a rare find in Odessa TX. Out of all homes for sale in the MLS, only about 1/2% or less offer this finance option. With this in mind your chooses are limited; so you will need to throw out the “wish list” and focus on “must have”.

I am assuming that your are focusing on homes financed by the seller becauseyou have been turned down for a mortgage loan. Today’s owners who are willing to finance are expecting larger down payments ($15,000 & more), charge a higher than market interest rate and many will only finance short term (usually only 2-3 years). This means that you will not only have to make monthly payments but you also need to get credit worthy because your loan note will become due and payable at the end of the loan period.

All this said, if you want the best deal in Odessa TX

Get into credit counseling – they can help you rebuild your credit.
Hire a good Realtor who can advise you on all your options and which is best for you.

Be patient, pay every bill on time and save as much money as possible in the mean time.

Make It Your Own,

: Donna Edwards

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12:10 PM

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$1,000s... Don't leave money on the table when selling your home in Odessa TX

PROFESSIONAL QUALITY PHOTOS

Don’t want to de-value your home? Consider better photos. Listings with great photos get more online attention and command higher asking prices. And yet, only a very small percent of agents incorporate higher-end wide angle photography into their marketing. Surprisingly, even when marketing homes in the upper price range, they don’t always invest in quality photos to showcase these homes. Real estate listings that use photographs taken by the higher-end 24mm WIDE ANGLE cameras tend to do better than those that use photos from cheaper point-and- shoot cameras. As The Wall Street Journal 10/4/2010 reports, “listings with nicer photos gain anywhere between $934 and $116,076.” Wide angle cameras capture more of the room’s features and tend to produce high-quality images. They cost more than point-and-shoot cameras, but considering the data, they are worth the investment for a home seller. Rather than wide-angle photography, most agents photograph using a simple point-n-shoot or camera phone. The biggest surprise is that they just don’t want to invest the extra to make the best first impression to buyers.

WHAT DOES THIS MEAN TO YOU?:

Do you believe your home is worth it? Let’s not mince words: If your home is not being marketed using quality photography & video, this could cost you on the sale. A wide-angle, professional-looking photo dramatically increases the likelihood that a potential buyer will click through to view your listing, and drives more buyers to tour your home. Ultimately, the more people interested in your house, the better your chance of receiving an attractive offer. A photo really can be worth a thousand dollars.

YOUR ADVANTAGE:

So, What's a photo worth to you when selling a home for sale in Odessa TX?

It’s a new start for you; I have experience helping people like you successfully sell their home the second time around. If you’d like to ask
me a few questions – no pressure, no hassle, no obligation – just a friendly conversation about your plans, please call me directly at 432-934-4439. Let's get your home sale moving,

Make It Your Own,

: Donna Edwards

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Do You Need A Odessa TX Realtor?

8:51 AM

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REAL experience Sure, titles are nice but what they mean to you is more important.

I may not have super powers but I can see into the future (okay, sometimes!) As an Odessa TX Realtor I am constantly looking out for your best interesest – I anticipate things before the happen.
I oftain see an issue with a Odessa home for sale or financing that could cause a problem at settlement. That’s where my experience as a Texas Real Estate Broker comes in. I’ll attend to the dozens of small details now before they can turn into something big later on.
You can rely on my real estate education and experience in Odessa TX Real Estate to give you the best service possible. Really.

REAL connections As your agent, I’ll recommend key people and services to keep your transaction on track.

I’ll admit it. Knowing everthing about buying a home in Odessa TX can be overwhelming to someone who doesn’t do it everyday. Fortunately, that is exactly what I do everyday. It’s my responsiblity to make the process simple and straightforward to you. A big part of being a good Realtor in Odessa TX is knowing the right people to help the deal go smoothly; and I know them.

REAL integrity Put aside the credentials of any agent & look at what is truly being offered.

Working with so many types of Odessa home buyers is especially gratifying. It gives me great satisfaction when I can help first time home buyers purchase. their home. I appreciate their unique needs and work patiently with them, bringing sense to all the confusion!
I really believe my honest, genuine approach to helping people has allowed me to grow as a real estate agent. It’s true; integrity is something you can’t fake.
I am Donna Edwards and I want to be your Odessa TX REALTOR.
So what do you think? Do you need a Realtor as a Buyer Agent when buying a house in Odessa TX. Contact a Odessa TX Realtor today for details.

Make It Your Own,

Donna Edwards

Contact Donna Edwards, your Odessa TX & Midland TX Realtor at:
Call or TXT 432-934-4439 or donna@OdessaMidlandHomes.com

Buying A Fixer-upper in Odessa TX

12:48 PM

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Ask the Agent:

Buying a Fixer Upper in Odessa TX

Since my rent just went up again at my apartment and it is impossible to find a house to rent in Odessa, do you think it is a good idea to buy now?

Buying a Fixer Upper in Odessa TX

You are not alone. Many people find it difficult to find a house to rent in Odessa.

If you can buy a home, now is the time. Interest rates are low and home prices are stable.

Here are some things to consider…

Do You Qualify for a Home Loan?

The first key thing is do you qualify for a home loan. Unless you have enough savings to pay cash (most people do not) than you will first want to know if you can qualify for a loan and how much they will lend you based on your credit score, current debt and income.

Start with a Low Down Payment

Second, buying a fixer upper in Odessa TX is a great way to get into a home with the lowest amount of upfront investment. It is called “sweat equity” because you can build equity in your home by buying low, put your own “sweat” into it and later selling a much more valuable property.

The Condition of the Home

The third consideration is whether the the house qualify for a loan. I already described that you must qualify for a loan but the house must also qualify. Lenders have condition standards that the home must meet. They want to be assured that the property is in reasonable condition before they will be willing to loan the money for a purchase. The reason is that if you default on the loan, they want to know they will be able to recoup their investment when they have to re-sale it.

Hire a Buyer’s Agent

There are many scenerios to consider so unless you are experienced in real estate, you will want to hire a buyer’s agent to assist you through the process of a home purchase. (see Why Hire a Buyer’s Agent? ) As a buyer’s agent, I have helped keep many first time home buyers avoid the pitfalls that can occur when buying a home. Give me a call; I would love to help.

Make It Your Own,

Donna Edwards

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Living Odessa

defining your DREAM HOME

defining your LIFESTYLE

defining your LOCATION

defining your HOME STYLE

closing with SUCCESS

Monday, August 6, 2012

The Truth About the 3.8% Real Estate Sales Tax - Odessa TX

Learn the Facts

Tuesday, July 17, 2012

Selling Your Odessa Home In Today's Market

Thursday, July 12, 2012

Home Improvements That Pay Off - Odessa TX

When selling you home the temptation is strong:

REAL EXPERIENCE:

YOUR ADVANTAGE:

Thursday, July 5, 2012

Owner Finance Homes - Odessa TX

A Rare Find In Odessa TX

All this said, if you want the best deal in Odessa TX

What's A Phot Worth When Selling Your Home - Odessa TX

PROFESSIONAL QUALITY PHOTOS

WHAT DOES THIS MEAN TO YOU?:

YOUR ADVANTAGE:

Monday, July 2, 2012

Do You Need A Odessa TX Realtor?

REAL experience Sure, titles are nice but what they mean to you is more important.

Saturday, June 30, 2012

Buying A Fixer-upper in Odessa TX

Ask the Agent:

Buying a Fixer Upper in Odessa TX

Do You Qualify for a Home Loan?

Start with a Low Down Payment

The Condition of the Home

Hire a Buyer’s Agent

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