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Showing posts from August, 2015

The Ten Commandments Of Buying a House

Pamela Madore
The Pamela Madore Group
806-340-7630

The Ten Commandments OF Buying a House

When it is time, you have made the decision to buy a house, there are some things that you need to know about the process.  I call them the ten commandments of do nots.


Number One:   Do Not Quit Your Job

Number Two:  Do Not Go Buy A Car

Number Three:  Do Not Deposit Large Amounts of Money In Your Bank 

Number Four:  Do Not Buy Furniture

Number Five:  Do Not Be Late On Any Payments

Number Six:  Do Not Withdraw Large Amounts Of Money From Your Bank 

Number Seven:  Do Not Change Jobs

Number Eight:  Do Not Be Stressed--This is Normal

Number Nine:  Do Not Murder Your Realtor Or Loan Officer

Number Ten:  Do Not Forget To Tell All Of Your Friends And Family About Us


A lot of things happen in a real estate transaction.  The first seven are non-negotiable.  I have seen way too many transactions go south because of one of those seven things.

Number eight and nine are just reminders that things don't always go right or…

How To Buy A HUD Foreclosure

Pamela Madore
The Pamela Madore Group
Keller Williams Realty
806-340-7630

How To Buy A HUD Foreclosure

It is always tempting to want to buy a foreclosure.  Read this carefully before you decide so you know all the rules.  


THEY ARE NOT ALWAYS A GOOD DEAL

Contrary to popular belief, not all foreclosures are a good deal.  As a matter of fact, some are very bad deals.  You have to be very careful when deciding on whether or not to bid (make an offer).  On the other hand, some are very good deals.  It seems that HUD has no rhyme nor reason how they price the houses.  You can keep a constant eye on what is available at the HUD real estate site.  If you see one you like just call us and we will show it to you and put your bid in.


HOW TO GET FINANCING

Financing can also become an obstacle.  The house may need some repairs before a bank will accept it.  HUD will do no repairs.   Of course, cash always works.  If you don't have cash and the property needs repair you could consider an FHA program ca…

Find Houses For Sale With Our Personalized Real Time Mobile Application--Keep It Local

Pamela Madore
The Pamela Madore Group
http://pinkhouseteam.com

Find Houses For Sale With Our Personalized Real Time Mobile Application

Keep it local---All the features of Realtor.com and more.  Communicate with  us directly in real time.






TEXT KW6OLNJ to 87778
Thank you for supporting your local Realtor.
The Pamela Madore Group Pink House Team Keller Williams Realty 7304 SW 34th Amarillo, TX 79121 http://pinkhouseteam.com 806-340-7630




What Is All This Hoopla About Real Estate Teams?

Pamela Madore
The Pamela Madore Group
http://pinkhouseteam.com

What Is All This Hoopla About Real Estate Teams?

As great as Michael Jordan is, he couldn't do it all by himself.  He needed a team and each team member had a position, a job to do.  The better they worked together the more championships they won.

If everyone on the team was a point guard, no matter how good they were they wouldn't get the job done and win.

Real estate transactions, have become so complicated over the past few years it is nearly impossible to do it all yourself.  If an agent is listing, showing, doing contracts, coordination inspections, doing all of the paperwork and scheduling the closing, they must be exhausted.

Thus the advent of the Team concept in real estate.  Each person on the team has their role, with a certain amount of cross training.

It is important that you, the buyer or seller, know that just because you talk to several people throughout your transaction it isn't that you are getting &q…

Four Tips To Finding Your Dream Home

Pamela Madore
The Pamela Madore Group
Keller Williams Realty
http://pinkhouseteam.com


Four Tips To Finding Your Dream Home

Everyone has a different idea of a dream home.  In order to save time and help yourself find that home, here are four things you can do.




KNOW YOUR BUDGET
Before you startsearching for homesyou will get qualified at a bank or mortgage company.  We can help you with that. They may tell you that you qualify for $200,000, for instance.  But what does that translate to in a monthly payment?  I have had many buyers that have been told they qualified for a certain amount and then were shocked to know that payment.
Be sure you know how much you want to spend a month.  The mortgage company will tell you how much you "can" spend but does that really fit your budget? No one should ever set themselves up for failure.
You have other plans in your life as well.  What if you decide to start a family and will be going from two paychecks to one?  On the other hand maybe the kids …

Find Any Price Range House You Want All Over Amarillo

The Pamela Madore Group
Pink House Team
Keller Williams Realty



It is easy and you will get accurate and current information.




Want to see one of the houses?  Don't worry we can show you any house no matter who has it listed.
Just register on our website and tell us which house and we will set the appointment!

The Pamela Madore Group Keller Williams Realty 7304 SW 34th Amarillo, TX 79121 http://pinkhouseteam.com 806-340-7630


Five Types Of Homeowners Insurance

Pamela Madore
The Pamela Madore Group
http://myamarillohomes.com

Five Types Of Homeowners Insurance

You must know your choices when buying a house!

This will not be an exhaustive list but we'll talk about several different kinds.

Replacement Cost--This is the most expensive typically but it is also the most comprehensive.  Should something happen to your house such as a fire or your hot water heater broke and flooded the house, or someone ran into the house, you will be covered to have it brought back to the standard and condition it was in before the occurence.

Actual Cash Value ACV--This type of insurance is less costly so as you can expect, it covers less.  Let's say we had a hail storm and the roof had damage.  On an ACV policy the adjuster will establish what he thinks the roof's remaining years are and he will depreciate it that much.  Now you are left with a bad roof and not enough money to replace it.

Flood Insurance--Since Amarillo had the change in the 100 year flood pla…

Why Rent When You Can Buy

Pamela Madore
The Pamela Madore Group
Keller Williams Realty
http://pinkhousteam.com

Why Rent When You Can Buy

Many people don't think they have the ability to buy.  Some think they can't qualify because they don't have any money.  Some people think that their credit scores are too low.  The most important thing to do is to find out if you CAN qualify for a mortgage,  Many times you might not be able to qualify today but in 3 months or 6 months you may be able to.

Did you know that if you are paying $900 a month rent, that will buy you about $120,000 house?  Your landlord may not be too happy when you put in your notice but, oh well, there are plenty of people that have never tried to qualify and they can fill your spot.

Finding out if you qualify for a mortgage is really very easy.  Most lenders have online applications now.  I have a couple I could recommend.

There are many other ones serving Amarillo.  The point is to just get started.  If there is a problem, get it taken care …

How To Get A Texas Real Estate License

Pamela Madore
The Pamela Madore Group
Keller Williams Realty
http://myamarillohomes.com

How To Get A Texas Real Estate License

There is more than one way to do it but I am going to tell you what I consider to be the easiest way. That is just who I am.


First, you have to take classes.  Don't roll your eyes.  They are not all that hard and they can all be done online.  I can even get you a 50% discount.  

The classes are 180 hours. Don't faint.  There is no "clock" on the classes so you can take them as fast or as slow as you want.  It isn't like you actually have to go and sit in a classroom for that many hours.  Some people finish them in a week.

Once you have done the classes you will need to apply for the actual license.  You can do that online too.    www.trec.state.tx.us     They will need evidence that you finished the classes.  You can fax them the certificates that you printed out at the end of each chapter, or you can wait for the school to send them evidence.  

T…

Attention FSBO's !! New Marketing Program Available To You For Free

Pamela Madore
The Pamela Madore Group
Keller Williams Realty
http://myamarillohomes.com

Attention FSBO's !!  New Marketing Program Available To You For Free

This is the same program that I use when I market all of my listings.  You will have all of the benefits of a stand alone web-page,  marketing tools and opportunities, tracking information and 24 hour access.

Frankly, some houses need to be sold FSBO simply because they don't have enough equity to pay all of the closing costs.  Or maybe you like to sell houses and would like to talk to me about getting a real estate license? The biggest problem you have as a FSBO is exposure.  How are you going to get everyone to know that your house is for sale?

As I said,  this is the same marketing program I use.  And it is very effective.  You have to be a little computer savvy (not too much) and be willing to put in some time doing it.


What is in it for me?  Well, not all of the leads that come through will want to buy your house.  First, may…

What Is My House Worth In Amarillo

Pamela Madore
The Pamela Madore Group
Keller Williams Realty

WHAT IS MY HOUSE WORTH IN AMARILLO


Find out here:




Julie Sauls Of The Pamela Madore Group Successfully Sells Another House

AMARILLO, Texas -- Julie Sauls of the Pamela Madore Group at Keller Williams Realty has successfully represented the seller in the sale of their home. 

She received an offer within 30 days and closed within 31 days for a total transaction time of 61 days. She negotiated full asking price.

"The average days of the market in Amarillo right now is 79.2 days so I am very proud of the outstanding job that Julie did,'" states Madore.
Julie's specialty on the team is as a buyer's agent. In this particular rare instance she showed her versatility in being able to put buyers and sellers together."

The Amarillo real estate market continues to be strong but balanced. There are good deals for buyers and fair prices for sellers. In July alone there were 322 residential sales. There are currently 1304 active residential listings.

"Julie has not been in the real estate business very long but she is a natural. Buyers love her and she is always able to find them what they a…