About a month ago, on a TipTuesday post, I spoke about the common reasons why homes for sale don’t sell. Among other reasons we spoke about mispricing, denied access and lack of marketing as some of the primary roadblocks on the way to the closing table. Today, I want to discuss yet another common...

Owner financing (or contract for deed) is “advertised” as a second chance for buyers that cannot obtain conventional financing but in most cases, they are at best, a bad option. The pitch goes something like this: A bright handwritten sign by the side of the road will read “3/2/2 Home...

You have taken that step to the next level. The grind of contract negotiations, offers and counters is now over and you’ve got your name on a shiny executed contract on a great property. At this stage, the first major checkpoint on your journey to closing is the almighty home inspection. So what...

The First Time Homebuyer Tax Credit was originally established and applied to home purchases closed in 2008. Passed under the first stimulus package of the previous administration, it was basically a $7,500 interest free loan that homeowners would pay back $50 each month starting the third year of ownership...

I have never even seen your house, its upgrades, curb appeal or that new air conditioner installed not too long ago. But trust me when I tell you that I know why your home isn’t selling. Whether acting alone, or in combination with each other, there are eight factors that scare away buyers worse...

So you cashed out of your local bloated market in California / Florida / Arizona circa 2006 and conquered some sweet new construction deal(s) in the Houston area. You know you weren’t alone as during that time everyone and their lovely mother was doing it. How could you pass it up, anyway? Brand...

It is a bit counterintuitive, I’ll give you that, upfront.  It seems more rational to find the house you want to purchase first, then pursue financing options. But in this market, more than ever, the exact opposite is true. The preapproval letter from the lender is the necessary passport you must...

When the market shifts, like it did in late 2007, it is easy to get caught off guard as your decisions still take into account a market with ever increasing home values and an abundance of buyers. These decisions inevitably lead to an overpriced home that will stay unsold for months causing frustration...

TipTuesday is a new weekly column we’re starting at ErionHouston.com to bring you some easy to digest, common sense real estate tips you could put to work right away. With the constant barrage of conflicting news you get in the media every single day, it can get difficult to know when is just...