What Happens After Acceptance?
Revista Realty
by Desi Williams
2y ago
A lot of people think just getting an offer accepted is the hardest part but in reality, it is just the beginning. Step 1 Open Escrow - Your agent will gather all the contracts and send them to the title company. If any terms change during the escrow process your agent will send the proper addendums to the title company so they can be ready for closing day. Step 2 Home Inspection - Every home inspection is going to come back with some issues. Even on new construction. What we need to decide is what is most important. If you ask for everything you will most likely get nothing. Step 3 Appraisal ..read more
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PIE DAY 2021
Revista Realty
by Desi Williams
2y ago
Revista Realty is giving away free pumpkin pies! If you are interested in signing up please reserve your pie at this link! https://www.eventbrite.com/e/pie-day-2021-tickets-206946040177 Pick-up will be on Tuesday, November 23rd, 2021. We are also doing a food drive. If you would like to participate please bring canned food when you come to pick up your pie. We look forward to seeing you! - Desi Williams Revista Realty Team REAL Brokerage ..read more
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REAL COSTS TO BUY A HOUSE
Revista Realty
by Desi Williams
2y ago
There is more to buying a house than the down payment. If you are a first time home buyer you might not be aware of all the other costs associated with purchasing a home. In the video we will go over what they are, what they are going to cost you and how to avoid them. Buyer agent transaction fees - this is a fee that not all brokerages charge but its basically an upfront fee that they charge to weed out tire kickers. est cost $0-$500 Inspection fees - This is paid to the person doing the inspection on the property. They look for defects and deferred maintenance on the home. I would recommend ..read more
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5 Steps to Buying a House
Revista Realty
by Desi Williams
2y ago
The Housing market is hot and if you are going to have a chance at getting your offer accepted on your next purchase you need to follow these steps. If you need help finding an agent in your area or if you just have some questions feel free to drop me an email contactdesiwilliams@gmail.com Step 1 - Find a great Real Estate Agent. An active agent will be able to assist you in finding and negotiating your purchase. An experienced agent will know how to keep a deal together once you are under contract to make sure you have the best chance of closing on that dream home. Step 2 - Find a lender. You ..read more
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Housing Market Update 2021
Revista Realty
by Desi Williams
2y ago
The housing market is hot right now and no signs of letting up. Mortgage rates are at all-time lows bringing new buyers to the market that were previously sitting on the sidelines. Also with the crazy 2020 we had people are fleeing big cities and heading to the suburbs. This combo has created a record low housing inventory pushing prices up and up. New construction is also booming right now. Builders are as busy as ever but it takes time to build new homes as well as jump through all the planning, zoning, and permitting hoops that go with building. The high demand has pushed building prices up ..read more
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Managing Your Business Through the Pandemic
Revista Realty
by Desi Williams
2y ago
As Idaho begins the “Stay At Home” order to combat the spread of COVID-19, many small businesses will be affected.  In order to help, I have put together a list of websites to help navigate the burden. I will add to the list as I find more. If you know of a resource that is not listed please let me know! The Small Business Administration (SBA) has made a disaster declaration for the state of Idaho. Businesses can now apply directly for Economic Injury Disaster Loans (EIDL) for up to $2 million. https://disasterloan.sba.gov/ela/ Facebook is putting together a "Small Business Grants Pr ..read more
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How will COVID-19 Affect the Real Estate market
Revista Realty
by Desi Williams
2y ago
Here are some key highlights on how recessions have historically impacted the real estate market and some important factors for the next economic downturn. The effects on the economy at this point are still unknown as we work through this COVID-19 outbreak but based on past recessions the housing market seems to be pretty stable (unless it was the cause of the recession like in 2008) Here are my thoughts on what I THINK you should do if you are thinking about buying/selling now. ➡️ If you don't need to sell/buy right now and are nervous about what's on the horizon just sit tight and wait ..read more
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Will Increasing Mortgage Rates Impact Home Prices?
Revista Realty
by Desi Williams
2y ago
There has been some discussion recently on home prices in relation to mortgage rates. Some believe if there is a rapid rise of mortgage rates, home prices should decrease. Logically it makes the most sense for the price of the house to drop when interest rates are rising, but this is not always the case. This theory of home prices decreasing is typically discussed by future home buyers. As a buyer you would like to think if you are paying higher rates on your mortgage, you should be able to see a decrease in cost somewhere else. Unfortunately, these rates are rising because the economy is in ..read more
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Common Things to Look Out for Before Buying Your Dream Home
Revista Realty
by Desi Williams
2y ago
It is easy to become overwhelmed when you enter the home buying market. Friends, family, colleagues, and even acquaintances will give you their opinions if you are a first time home buyer. While most of them are looking out for your best interest, they are not fully aware of what is happening in the housing market. It is important for you to be prepared and have your own questions ready. No matter what other opinions you are getting, you are the one buying the home and your comfort level will help make your final decision. Here are three important questions to ask before you purchase a home ..read more
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Why You Should Consider Selling in the Winter
Revista Realty
by Desi Williams
2y ago
The season you sell your home can have an impact on how much you get for your home and how quickly it sells. The season that has the most success in selling homes is spring. This is a good time of year for families moving to new school districts and is also more convenient weather for moving. Because of this trend, most people will recommend waiting to list your home until after the winter is over. Avoiding the winter is a huge misconception in the housing industry and can cause homeowners to miss out on opportunities. Selling in the winter can give you a few advantages. There will be fewer h ..read more
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