February 2016

Found 4 blog entries for February 2016.

Many parts of the Austin area are still seeing multiple offers on homes. One of the things people are most surprised about is we have seen homes with over 10 offers on them even in the suburbs!

Not every client feels comfortable using these tactics but we always want to make you aware of what options are available so you don’t have to say “If only I knew I could have done that…” when your dream home goes under contract to someone else.

We can’t guarantee you will win in a multiple offer situation but here are some tips we have learned over the years to improve your chances.

  • Have an experienced Realtor helping to explain these options
    One of the statistics that surprises people is how few homes the average Realtor sells in a year. Be sure to
6,301 Views, 0 Comments

When you want to sell your Austin area home, you don't want to fool around. You want to see that SOLD sign in the front yard and you want to realize the highest possible selling price. This is why having a Realtor® with a strong marketing strategy is so important in real estate.

Kopa Real Estate uses a multi-step process to do just that.

It all begins with choosing the correct price, so the first step in our service to you is the preparation of a comprehensive market analysis, based on the most recent sales of homes most like yours in your neighborhood – or neighborhoods much like yours.

After that, we focus on:

  • Preparation
  • Marketing
  • Follow-through
  • Negotiation
  • Follow up

Preparation:

More than 90% of all home buyers

775 Views, 0 Comments

Weather and the time of year have a big impact housing activity, and in every housing market there are times of the year when fewer homes sell. For most, that time of year coincides with the winter months, and in much of the U.S., that’s the case right now.

But no matter where you live, it’s important to know how seasonality affects the housing market. So let’s look at the current housing numbers, how seasonality affects them, and what it means for you if you’re looking to buy or sell.

With few homes available, sellers are in pole position

Last year, limited inventory dominated the headlines for the real estate industry, and that trend looks to continue this year. According to the National Association of Realtors (NAR), inventory dropped

1,475 Views, 0 Comments

Recent changes by Fannie Mae are great news for Austin self-employed mortgage borrowers.

Previously to qualify for a Fannie Mae mortgage self-employed borrowers were required to provide the most recent 2 years tax returns to document their income.

A recent change allows mortgage companies to use only the most recent year’s tax return to qualify a buyer for a Fannie Mae mortgage.

This will be especially helpful for 2 types of borrowers

  • Self employed borrowers who started their business 2 years ago and had large start up expenses. When a borrower takes business tax deductions it likely will reduce their net income which is the figure mortgage companies use to establish how much debt a borrower can have.

    If this person had a low-income figure
453 Views, 0 Comments

Sign up for newsletter