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Hi, I am Kim Buish (pronounced Bush). I may not be related to former President Bush, but I CAN help you whether you want to buy a WHITE HOUSE, a blue house or a yellow house! Please check back often for IMPORTANT and HELPFUL Real Estate information.
APR
28

By Kim Buish

Thanks to the AARP we know that during the next 18 years an average of 8,000 Baby Boomers per day are expected to turn age 65.

This news means there’s going to be a lot of Baby Boomers thinking about downsizing from larger homes to smaller Houston Texas homes to simplify and enjoy the next phase of their lives.

If you’ve been thinking about downsizing to a smaller home this post will cover four reasons why you should consider downsizing.

Reason 1 – Smaller Home Means Smaller Monthly Mortgage Payment

The first reason to consider downsizing to a smaller home is a smaller monthly mortgage payment, especially if you’ve built up a sizeable equity in your home over the years.

Reason 2 – Less Work and More Time to Relax

By downsizing to a smaller home you will be able to cut back on the work load which comes with maintaining a bigger home.

Imaging being able to spend more time relaxing or enjoying the wide variety of outdoor recreation choices the Houston Texas area has to offer you.

Reason 3 – Upgrade Your Lifestyle

Almost every Baby Boomer has put their kids first and themselves second during their lives including deciding on where they want to move.

When you downsize to a smaller home you will have the freedom to choose where you want to live and “upgrade” your lifestyle so you can be closer to restaurants, shops, stores, live music and all of the cool things the Houston area can offer you.

Reason 4 – Eliminate the Clutter

Last of all, but most important, the final reason why you should consider downsizing to a small home is eliminating the clutter from your life.

For some readers it may take time to eliminate clutter from their lives but there’s nothing more liberating than to have less “stuff” and the ability to get away on a moment’s notice.

Let’s Talk About Homes for Sale

To learn more about the possibilities which come with downsizing and view some of the cool homes for sale in the Houston area contact me, Kim Buish, Realtor® with Red Door Realty and Associates by calling me at (713) 819-1642 or CLICK HERE to connect with me online. 

APR
21

HOUSTON, TX. – 2016 is proving to be a great year for purchasing Houston Texas Rental Property thanks to the recent oil crash which has opened up an inventory of homes for sale across Houston Texas.

What’s great about investing in Houston Texas real estate is that home prices here are very affordable when compared to other states like California, Nevada or Arizona and there is without a doubt a demand for rental properties in Houston because more people are choosing to move to Texas from other states than ever before so if you’re thinking about investing in Houston now is the right time to make your investment.

In this article I’ll share with you simple tips that you can use for investing in Houston Texas rental property.

Tip #1 – Make Sure That You’re Ready to Invest in Houston Texas Rental Property

One important thing to remember when investing in Houston Texas rental property is that real estate is and always a long-term investment that you can easily convert to cash because your ability to sell the real estate will be largely affected by either supply and demand or the state of the current real estate market.

Before investing money in real estate make sure that you are without a doubt ready financially to make your investment because, once you invest in real estate you also want to hold onto your property for number of years so that you can enjoy a high rate of return.

Tip #2 – Always Search for Homes That Are Average Price

Although you might be tempted to invest in a luxury home because many luxury homes across Houston are selling at discounted prices right now but the reality is that you if you really want to succeed in building a portfolio of investment properties you should invest in average priced homes because, lower-priced homes will almost always provide you with more rants in the long run than a higher price home well.

Tip #3 – Invest In Owner Occupied Neighborhoods

When you buy Houston Texas rental property make sure that you invest in real estate that’s in a owner-occupied area because, this type of property will be more attractive to buyers in the future the when you decide to sell it compared to a property that might be in a renter occupied neighborhood.

Tip #4 – Choose a Houston Texas Rental with Selling In Mind

As you get closer to purchasing a Houston Texas rental property you should always purchase their rental that you intend on selling sometime in the near future because, but set you purchase a rental property right now that’s been sitting on the market for a long time because it has a bad floorplan, this floorplan will still continue to be a problem in the years to come we do decide to sell it so you should always keep selling the rental property in mind regardless if you plan on holding onto the property for five years or 15 years.

Tip #5 – Don’t Skip the Property Inspection

Property inspections are vital because, they can save you thousands of dollars in repairs and possibly the mistake of purchasing your rental property that could be a bad investment for you so you should never skip the property inspection regardless if you’re buying rental property during a competitive Houston Texas real estate market are not.

Learn More

To learn more about investing in Houston Texas Rental Property, or to view Houston Texas homes for sale, contact me, Kim Buish, Realtor® with Red Door Realty & Associates by calling me at (713) 819-1642 or click here to connect with me online. 

APR
12

By Kim Buish

HOUSTON, TX. – Earnest Money is a vital part of the home buying process because it shows the seller that you are committed to buying their Houston Home and this also will help you to fund the down payment on the home as well.

Earnest money is necessary because without an earnest money deposit you could technically make as many offers on Houston Homes that you want and this would effectively take those homes off the market until you were able to decide which home you ended up liking the best.

More Earnest Money Indicates a Higher Level of Interest

Did you know that the more earnest money you put down on a home indicates that you have a high level of interest in buying it and are committed to the contract?

When a seller receives significant earnest money they feel secure and confident that the sale of their home will close but how much money should you use as earnest money?

It’s not uncommon for many people to put down earnest money that’s up to 5 percent of the homes purchase price while in other areas it could be a specific dollar amount up to $10,000 depending on the price of the home but in the end it really all depends on what both the seller and buyer can agree is the right amount.

Earnest Money and Contingencies

We all know that every homebuyer has contingencies and one thing you could do to show the seller you are serious about their Houston Home is put down more earnest money after the home has gone through the contingency period, passed the inspections, and all contingencies have been met.

Once you put down earnest money the title company or Real Estate broker will hold that deposit but you should check the credentials of the individual who holds those funds and verify that they will in fact be in escrow BEFORE handing them over because if something does go wrong with the real estate transaction you might not be able to get those funds back.

Buy a Houston Texas Home

To get started with buying a Houston Texas Home contact me, Kim Buish, Realtor® with Red Door Realty & Associates by contacting me at (713) 819-1642 or CLICK HERE to connect with me online. 

APR
8

By Kim Buish

HOUSTON, TX. – If you’re planning on buying Houston Real Estate one of the most important things that you need to focus on before applying for a mortgage loan or even searching for a home is your credit score. Sadly many homebuyers don’t know what are the components of a credit score and this adversely affects their ability to get a mortgage loan because, although you may think that your credit score is comprised of the overall number that you see on your credit report the reality is that your overall credit score is so much more than just one single number.

What Determines Your Credit Rating?

Did you know that your credit rating is determined by five key components? These key components include the following:

  • Payment history – 35% of your overall credit score is based on your payment history.
  • Amounts Owed – 30% of your credit score is based on your credit utilization.
  • Length of Credit – 15% of your credit score is based on how long you’ve had credit.
  • New Credit – 10% of your credit score is based on your new credit.
  • Types Of Credit – 10% if based on the types of credit that you have

Although you may think that buying Houston property is easy the reality is that you may find out your credit score is actually not what he thought it would be and this is why you should purchase a copy of your 3-In-1 credit report at least 90 days before you attempt to apply for a mortgage loan just so that you can confirm that there is not any inaccurate or wrong information on your credit report

If you find inaccurate or outdated information on your credit report it’s important for you to file a dispute with each the credit bureaus immediately because the dispute process can take up to 30 days and tell the credit bureau receives the written to speak from you, investigates and responds to you back in writing with their decision regarding your dispute.

How to Effectively Use Credit

Since payment history makes up 35% of your overall credit score it’s important for you to always focus on paying your credit accounts on time when they are due and you should consider putting your credit accounts on auto pay just to ensure that each bill is paid like clockwork every month.

Last of all the most important remember that creditors like to see people using no more than 30% of their credit at a time so if you have multiple credit cards you may need to pay down the balances on some before you apply for a mortgage loan.

Search for Houston Real Estate

To get started with searching for Houston Real Estate, or to learn more about how to use credit, contact me, Kim Buish, Realtor® with Red Door Realty and Associates by calling me at (713) 819-1642 or CLICK HERE to connect with me online.

MAR
15

By Kim Buish

HOUSTON – Over the last two years were most common things that’s occurred across the United States is that many cities have seen an increase property taxes just as property owners here have seen increased Houston Texas Property Taxes.

Why Are Property Taxes Increasing?

Property taxes are increasing in Houston Texas and across the United States because the demand for homes has driven up home values and although it’s exciting for many homeowners to realize that the value of their properties have increased in the last year some people may not be prepared for paying higher property taxes.

How Are Property Taxes Assessed?

Houston Texas Property Taxes are assessed based on a variety of factors as they are across the United States including:

  • Location
  • Amenities
  • Property Size
  • Value Of The Property
  • Price the owner paid for the property

What to Do When You Disagree With Your Homes Assessed Value

Fortunately homeowners in Houston Texas and across the United States have the ability to disagree with accessed value of their home by doing the following:

  • Take the time to learn how your home was assessed – Find out if your home was assessed via comparable homes for sale nearby and if those homes have similar bedrooms, bathrooms, square footage and more.
  • Purchase and obtain the assessment records for your home, this can be done over the Internet
  • When contacting employees at the assessor’s office it’s important to remember that you should treat those people courteously because they are only doing their jobs and appreciate being treated professionally.
  • Hire legal representation (if needed) to represent your best interested when disputing the assessed value of your home.

Remember That Property Taxes Do Have To Be Paid

Although your property taxes may have been paid directly via your escrow account when they were due by January 31st, the reality is that there may be some homeowners who will pay their property taxes directly to their county assessor.

Here is a short list of assessors by county:

Harris County – Mike Sullivan – Phone (713) 274-2273

Municipality Utility District (MUD) – Visit https://www.tceq.texas.gov/gis/iwudview.html to learn more about who to pay your MUD tax bill.

Before buying a home remember that Houston Texas Property Taxes have to be paid annually so it’s best to make sure that you have the ability to pay your property taxes on time if they are not paid automatically for you each year.

Learn more about property taxes in Houston or view homes for sale by calling me, Kim Buish, Realtor ® with Red Door Realty and Associates by calling me at (713) 819-1642 or CLICK HERE to connect with me online. 

MAR
9

By Kim Buish

HOUSTON, TX – What is leverage? It’s something that gives the user a HUGE advantage regardless if it involves them using a lever or mechanism to lift a huge load in real life or in the world of Houston Real Estate.

Let’s say that you want to use leverage to buy a Houston Texas Home for sale, thanks to a high loan-to-value mortgage you will enjoy higher profits and a greater return than the money that you initially invested.

Leverage in Action

Okay, for this Real Estate example we’re going to assume that you want to buy a home in Houston Texas that costs roughly $250,000 and you plan on using an FHA mortgage loan that will require you to make a down payment of 3.5% or $8,750.

Did you know that if your home appreciates at a rate of 2% per year over the next 7 years your equity will grow to roughly $75,920 thanks to the appreciation and amortization of your mortgage? This is an astounding rate of return of over 36%!

A Perfect Example Of Why Buying Is Better Than Renting

Thanks to our example of leverage in Real Estate it’s easy to see why buying a home is better than renting since most homeowners these days have a net worth that’s up to 45 times higher than more renters and the bulk of their net worth is usually tied to their Real Estate investment.

Sadly, renters are at a disadvantage because they continue to invest money in their home every year without getting anything back while homeownership essentially works as a “forced” savings plan since the homeowner will also be paying off their mortgage with each monthly payment over the lifetime of their mortgage and this also means that homeownership is a financial stabilizing life event as well.

Learn More about Houston Real Estate

To get started with buying Houston Texas Real Estate, or to learn more about how leverage works in Real Estate contact me, Kim Buish, Realtor® by calling me at (713) 819-1642 or click here to connect with me online. 

MAR
2

HOUSTON, TX. - There's no denying that curb appeal is one of the most important elements with selling any Houston Texas home because without great curb appeal it's possible that a buyer will not get out of their car to come inside and tour your home, they will just continue on to the next Houston Texas Home For Sale.

In this post I will share with you several important tips you can use to spruce up the curb appeal of your home even if you are currently on a budget.

Dress up the front door

Your home's front entry is the focal point of its curb appeal. Make a statement by giving your front door a blast of color with paint or by installing a custom wood door. Clean off any dirty spots around the knob, and use metal polish on the door fixtures. Your entry should also reflect the home's interior, so choose a swag or a wreath that reflects your personal style.

Replace old hardware

House numbers, the entry door lockset, a wall-mounted mailbox, and an overhead light fixture are all elements that can add style and interest to your home's exterior curb appeal. If they're out of date or dingy, your home may not be conveying the aesthetic you think it is. These elements add the most appeal when they function collectively, rather than as mix-and-match pieces. Oiled-bronze finishes suit traditional homes, while brushed nickel suits more contemporary ones.

Create perfect symmetry

Symmetry is not only pleasing to the eye, it's also the simplest to arrange. Symmetrical compositions of light fixtures and front-door accents create welcoming entryways and boost curb appeal. This door is flanked by two sidelights. The lantern-style sconces not only safely guide visitors to the door, but also coordinate with the door hardware and urns.

Low-voltage landscape lighting makes a huge impact on your home's curb appeal while also providing safety and security. Fixtures can add accent lighting to trees or the house or can illuminate a walking path. If you aren't able to use lights that require wiring, install solar fixtures (but understand that their light levels are not as bright or as reliable).

Source - Bhg.com

Learn More About Curb Appeal

For tips on how to improve curb appeal, or to view a Houston Texas Home For Sale, contact me, Kim Buish, Realtor(R) with Red Door Realty and Associates by calling me at (713) 819-1642 or click here to connect with me online. 

MAR
2

HOUSTON, TX. - Are you planning on selling your Houston Texas home in 2016? If so, staging is one of the very best things you can do to get your home ready for sale.

In this post I will share with you 11 home staging tips that you can use, even if you are currently on a budget:

Declutter and depersonalize. One of the best ways to stage your home for someone else to imagine living there is to get rid of your personal stuff. Declutter books, pictures, knickknacks, and anything else that is exclusively you.


Paint walls in neutral tones. Real estate experts believe certain paint colors inspire buyers to put in an offer, and often suggest that sellers repaint their home in these hues to create a blank canvas for optimal staging. Paul Gorney of Prudential Rubloff in Chicago has four go-to Benjamin Moore colors he recommends his clients paint their homes for the best staging: Shaker Beige, Jackson Tan, Linen White, and Mellow Yellow. (Most paint stores can do color matches if you don’t have a Benjamin Moore store near you.)

Turn on all the lights. If you don’t have enough light, things can look drab and dreary, especially if you have showings on a gray day. Diane Reidy with Coldwell Banker Residential Brokerage in Chicago suggests adding floor lamps to rooms that don’t have enough light or even borrowing table lamps from friends and neighbors to brighten things up.

Set the table. A blank dining room table is boring. Instead, set it for a dinner party so there is a wow factor when buyers walk in and see your beautifully arranged table.

Add mirrors. Mirrors make rooms look larger, says Brad Carlson, a Realtor with Better Homes and Gardens Real Estate Gary Greene–The Woodlands, TX. He suggests picking up mirrors on the cheap at Michaels or Marshall’s.

Keep furniture proportional to the room. Strategically placing a minimal amount of furniture in a small space works better than over crowding it with too much furniture, says interior designer Kaylan Kane of Olive Juice in Chicago. “A small desk, chair, and an area rug with one big piece of art in a small room,” she adds, “can give a small room a purpose without overfilling the room.”

Minimize art and decorations. When staging a room, Kane suggests using paintings that are landscapes or abstract, or figurative art that brings out an accent color in the room without being too specific.

Turn your bathroom into a spa. “I recommend clients purchase solid white towels, rugs, and shower curtains when preparing to sell their home,” says Jessica Edwards, a Coldwell Banker real estate agent in Wilmington, NC. “These simple luxuries don’t cost much, but can make a significant difference in the feel of the room.” Plus, who can argue with white?

Add pops of color. Now that you’ve painted the walls a pleasure neutral hue, think about adding in pops of color. These could be colorful pillows on couches and beds, or a bowl of green Granny Smith apples in the kitchen.
Clean out and organize closets. The experts at national real estate brokerage Redfin.com suggest making sure hangers are evenly spaced apart, and matching your shoes, purses, and accessories to give a color-coordinated, organized appearance inside your closet.

Clear off countertops. Get rid of all clutter in bathrooms and kitchens except for the bare necessities that “read” bathroom (soap dish and a hand towel) or kitchen (coffee machine). Shannon Vallentyne of Realogics Sotheby’s International Realty in Seattle likes to put a cookbook on a stand on a kitchen counter, and have it open to a fun recipe. Kitchens are often the number one priority on a buyer’s list, so make yours look as clean, open, and spacious as possible.

Source - Parade.com

Sell Your Houston Texas Home

Get started with selling your Houston Texas Home today by calling me, Kim Buish, Realtor(R) with Red Door Realty and Associates by calling me at (713) 819-1642 or click here to connect with me online. 

MAR
2

By Kim Buish

HOUSTON, TX. – If you bought or sold a Houston Home back in the days before the Internet the idea of someone buying a home without seeing it would have seemed impossible but in 2016 it’s happening more and more thanks to the fact that Realtor’s are putting just as much effort into digital showings of their homes as they are with physical showings.

Got Digital Marketing?

Before agreeing to hire a Real Estate agent make sure that you hire an agent who has digital marketing experience and the ability to take good quality pictures / video of your Houston Home because insuring that your home is ready for a digital showing will help to raise the awareness of your home online among buyers in Houston or elsewhere across the United States.

Not Just Any Camera Will Do

Even though just about everyone has an iPhone or smart phone these days the reality is that not all homeowners have the skills or knowledge to get their homes ready for digital showings.

To insure that your Houston Home For Sale is seen by the most buyers online make sure you hire an agent who has skills and experience with getting homes ready for digital showings and either works with digital marketing pro on their team or has the right tools of the trade to get your home ready for a digital showing.

The 2015 Profile of Home Buyers and Sellers reports 89% of all buyers cited an online website as an information source with real estate agents being a close second at 87%. 42% of all buyers looked online for properties for sale as the first step taken during the home buying process.

Interestingly, 87% of buyers in 2015 purchased their home through a real estate agent or broker compared to only 68% in 2001. The agent services deemed most valuable to buyers were help finding the right home to purchase (53%) and help to negotiate the terms of sale (12%) and the price (11%).

A challenge for sellers is to understand that the digital showings are a critical part of today’s process. They save time and money for both buyers and are convenient because they can be done at any time of day and from anywhere. The difficulty is the seller’s feelings of inactivity when they believe their home is being shown frequently.

Agents can share statistics that show a variety of digital activity like number of unique visitors, length of time spent on the listing site as well as the other features that were accessed. 65% of all buyers walked through the home they purchased after they viewed it online.

Source – betterhomeowners.com

Sell Your Houston Texas Home

To get started with selling your Houston Texas Home contact me, Kim Buish, Realtor® with Red Door Realty & Associates by calling me at (713) 819-1642 or click here to connect with me online. 

FEB
10

By Kim Buish

HOUSTON, TX. – Buying a Houston Texas home is an exciting and life changing experience especially if you’ve been renting for a long time but even though you may think that all of your home buying costs involve your down payment, and how much you’re going to pay for your mortgage over the course of 15 or 30 years, the reality is that you will have additional home buying costs that many people are not ready for.

In this post I will cover some of the unexpected home buying costs so you will be more prepared when it comes time for you to buy a home in Houston Texas or elsewhere in the area.

#1 – Home Inspections

Once your offer on a Houston Texas Home is accepted the first step is to have all home inspections completed including a general inspection and termite inspection.

Inspections are important even if you’re buying a new home because not every builder uses the same finishes and it’s important for you to know what to expect from a home before you move in there.

Home inspections can between $800 to $1,000 so it’s best to do your research and connect with an experienced home inspector before you put an offer on a home.

#2 – Closing Costs

Another common unexpected cost that’s associated with buying a Houston Texas Home that many buyers are unprepared to pay is closing costs.

Closing costs can total up to 5% of the homes purchase price so if you’re buying home that costs roughly $200,000 you could potentially pay closing costs that total $10,000.

#3 – Ongoing Costs

Besides closing and inspection costs some of the other unexpected costs that many buyers are not prepared to pay especially when they own a home are ongoing homeownership costs including: property taxes, homeowner’s insurance, private mortgage insurance and home maintenance costs.

All of these costs can add up to hundreds or even thousands of dollars per year so it’s best to write your budget down now before you start house hunting just to make sure that you can really afford the long term costs of buying a Houston Texas Home.

Buy a Houston Texas Home

To learn more about the long term costs of owning a Houston Texas Home, or to view homes for sale in Houston, contact me, Kim Buish, Realtor® with Red Door Realty and Associates by clicking here to connect with me online or by calling me at (713) 819-1642. 

 
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