Renting Your Home

Sale or Rent your Home?

I'm sure a lot of people have came to this question many times.  It seems like such an easy answer, but there is a lot of thought that goes into this.

It really depends on the person who owns the house.  If you want to hold on to your house for a couple more years for the housing market to pick up, it is definitely better to rent your home. There can be many benefits to renting your home.

Some benefits include:

• Mortgage and taxes being paid off for you
• Renters upgrade your home for you at times
• May also still be able to raise your equity on your home while renters are living on the property

If the market is hot and people are buying, than it may be better for you to sell your property while you can. Also, if you bought your home a couple years before the market got hot is an advantage for you as a seller.  Most likely you will be able to get a nice profit. 

Looking For The Right House

Looking for the right house can be stressfull, and can really take a lot of time out of your day, week, or month. People tend to want to do everything themselves, but sometimes people need a little guidance to help in their search for a new home.

A real estate transaction is usually the biggest investment most people make in their lifetime. Were talking hundreds of thousands of dollars. When dealing with that big amount of money it is important to do it the right way the first time.

Benifits a Realtor can provide include:

1. Realtor must hold a fiduciary duty - to every client which are, loyalty, obedience, disclosure, confidentiality, reasonable care and diligence, and accounting.

2. Realtor can help you determine how much house you can buy - by providing the realtor with just a few information like, income, available saving, debt, he or she can get you in touch with a professional lender to help you get qualified.

3. Realtor can show you a vast amount of houses through the MLS - which is the multiple listing service. The only person who is allowed to use the MLS is a licensed REALTOR. Using the MLS to list your property on the market for every realtor to see, helps tremendously in getting your home showed. Also, assists buyers by being able to show all the homes on the market in which area you want to abide by in great detail.

These are just a few of the many benefits of using a licensed Realtor. If you need assistance in any real estate matter, please contact me at (210)373-3237 or Mlorenzana12@gmail.com.

San Antonio Housing Market

Strong Housing Market in San Antonio

The San Antonio Real Estate market has been picking up compared to other places in the country. Actually a national analysis shows San Antonio to be one of the strongest places in the Country! San Antonio has even shown to have a stronger market than some of the other Texas regions.

According to the MLS (Multiple Listing Service), San Antonio's housing market has shown a 7% increase in September sales, when in comparison to the same month in 2011. It is also showing a 2% increase  in the average and median prices of September from last year.

Most people in this economy are afraid to buy a home right now, but it is also a great opportunity to do so.

 Interest rates in San Antonio are at their lowest and would be a good idea to lock in that rate. Also, housing prices are lower right, which makes it easier for someone to afford those prices.

I believe with these prices and rates that we have right now will not stay too long, because the market in real estate is slowly increasing and so will the prices.

 If you have any questions about purchasing or selling your home, please feel free to contact me at (210)-373-3237 or MLorenzana12@gmail.com.