Things To Avoid While Purchasing A Home

by Administrator 28. November 2017 15:03

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Tips To Prepare Your Rental Home For A Showing

by Administrator 20. November 2017 21:06

Prospective tenants always show more interest in homes that look well cared for. Some preparation at making the home look warm and welcoming goes a long way. Strike the right chord with your tenants by preparing the house in such a way that they can see themselves living in it. You can also hire a professional to help you prepare your home. 

Here are some tips on how to prepare a rental home for a showing:

Staging

First impressions are usually the last. Staging a rental home for showing is a great way of improving its curb appeal. Availing home staging services offered by property agents is a great option as it will help you save a lot of time and energy.  Furnish the house to give it a warm homely feel. Keep some indoor plants, light up some candles for some good vibes and smell. You will also have to work on the external area of the house. Ensure that the lawn is mowed and the paint is not chipped.

Professional Cleaning

Get the house cleaned thoroughly. Bathrooms and kitchens will need special attention because they are more prone to odours and can have dirty nooks and corners.  Ensure that the floors are buffed and cleaned properly. Make them shine as that will enhance the appearance of the whole house.

General Condition

Everything in the house should be in working condition. The lights, taps, flushes, locks, windows and anything the tenant can possibly check out should work well. You might have to get a plumber to fix all pipes, check the drainage and ensure that all the taps are working. It’s a good idea to turn on all the lights during the showing as that will make the house look bright and inviting.  The carpets and curtains should be clean. You would certainly not want bad odour from a carpet or a dirty looking curtain covering a beautiful window.

Focal Point 

If the home has a focal point like a window seat, fireplace, reading nook or even a wall, do your best to make it stand out. Try throwing some colourful pillows on a window seat. Work on the lighting of a beautiful wall to highlight it. Cute beanbags at a reading corner and some plants will make it look inviting.

We, at Cloud Real Estate, provide property management services in and around Killeen, TX. For more information visit 1703 South W.S. Young Drive, Killeen, Texas 76543 or call at (254) 690 – 3311

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Home Buying Process

by Administrator 11. November 2017 14:34

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How To Conduct Non-Discriminatory Tenant Screening

by Administrator 30. October 2017 19:28

A landlord often screens a prospective tenant before renting out the property. It is done to check whether he/she would be able to comply with terms and conditions of the lease and take proper care of the rental property. The Fair Housing Act prohibits housing discrimination and expects the landlords to follow a non-discriminatory conduct. Follow these simple tips while tenant screening to keep lawsuits at bay.

Comply With Regulations Of Fair Housing Act – The federal act has been particularly designed to end housing discrimination. The landlord is not allowed to deny renting of a property on the basis of any of the following reasons –

  • Race – Turning away the renter of a certain race or specifying that a person from a certain race would not be provided housing is strictly forbidden.
  • Religion – The US law restrains landlords to deny tenancy to a person on the basis of the religion they practice.
  • Nationality – Showing favoritism or hatred towards people of a certain nationality while renting out is not allowed. It is impermissible to ask a person about their citizenship or immigration status.
  • Disability – Law interdicts refusing a prospective tenant due to their mental or physical disability.

Hire A Property Management Company – This is advantageous because a property management company is well versed with laws of the land as well the needs of their clients.  They are experts in tenant screening and collect all relevant information while strictly following the regulations of Fair Housing Act.

Considerations To Be Made – Here is a list of various things that one needs to ask and inquire from the perspective tenant while staying in the boundary of law and being non- discriminatory.

  • Income – Of course you would not want a tenant who constantly delays rental dues.  So, a person’s income needs to be inquired to check if he/she has the ability to pay monthly rent on time or not.
  • References- It is important to have referrals from past landlords.
  • Employment– The employment status of a person is directly linked to their rent paying capability. It is often difficult for unemployed people or those with irregular employment to pay their rent and other dues on time.
  • Credit History – The tenants should be able to manage their monetary resources well. Elsewise, the landlord can deny tenancy if they have a poor credit history of late payments, bankruptcy or lawsuits.
  • Past Evictions – To avoid any problems later it is best to check out for any criminal records or evictions beforehand.

We, at Cloud Real Estate, offer tenant screening services to our clients in Killeen, TX.  For more information call at (254) 690 - 3311 or visit our office 1703 South W.S. Young Drive, Killeen, Texas 76543.

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Remodeling Projects That Improve House Value

by Administrator 21. October 2017 03:52

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Things Buyers Look For In A Home

by Administrator 17. October 2017 19:36

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Home Staging And Selling Tips

by Administrator 26. September 2017 13:44

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Prepping Up Your Home Inspection Before Sale

by Administrator 19. September 2017 15:04

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Steps To Ensure A Smooth Home Purchase Process

by Administrator 14. September 2017 17:33

Buying a home is one of the biggest investments that you will ever make. However, there are a number of procedures involved in the home buying process. You need to complete lending formalities and a lot of paperwork as well. It is important to gain knowledge about all the aspects so that there are no roadblocks while purchasing the home of your dreams.

The most important thing is to consider your budget and the type of home you require. Buy a home that you can afford easily because you need to repay the loan amount along with the interest amount within a specified time period. Also, you can take certain steps to ensure a smooth home purchase process. These are listed below:

  • Find an experienced real estate agent: Professional realtors can help you get the best deal for your home purchase. They have years of experience in the buyer’s market and know about the latest trends. They can find the most suitable homes for you and take you for property showings as well.
  • Get pre-approval from the lender: Shop around to find a lender who can provide you loan at minimum interest rate. Your lender will review your credit history, cross-check the employment records and verify the assets before pre-approval. When you get a pre-approval from your lender, it becomes easier to discuss the purchase price of the home you are planning to buy.
  • Learn about the neighborhood: Researching on neighborhood will give you additional information which is crucial for the home purchase process. You can also ask your real estate agent for details of homes sold during the last year in your area. Also, know where your home stands in terms of quality and price range. A profitable home is the one that has a high re-sale value, so determine your home’s worth before making the final decision.
  • Put together all the documents: Having your loan documentation in place beforehand is a must if you want to save time. Some of the important documents that you will require are: bank statements, recent paystubs, W-2 forms and income tax return documents etc. When submitting the loan-related documents, it is important to ask the lending organization to give you an estimate of additional charges such as closing costs and insurance requirements.
  • Get home inspection done: There are some government approved lending agencies that have special requirements for approving the home loan. These include a copy of the home inspection report based on which the loan commitment is given. Therefore, schedule a home inspection and get a detailed report of the condition of the house.
  • Close the deal: One of the significant steps in closing is signing the paperwork. Carefully read all the terms and conditions before signing on the dotted line. Clear any pending closing costs and ensure that there are no pre-payment penalties. This will guarantee that no issues arise later on once the deal has been finalized.

We, at Cloud Real Estate, offer a wide range of homes available for sale in Killeen, TX. You can browse our online listing at http://cloudrealestate.com or visit our office at 1703 South W.S. Young Drive Killeen, Texas 76543.

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Benefits Of Hiring A Real Estate Agent

by Administrator 26. August 2017 21:37

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