Posts by Missy Stagers

Where To Find a List of Local Events

The San Antonio culture map has a list of all sorts of cool local events.     Are you looking for fun local events to visit with your friends and family this September? If so, you can visit the San Antonio culture map website to check on various details and information about the different events in the San Antonio area!   There are cool activities at the Botanical Gardens, fun stuff to do at the zoo, and all kinds of interesting events. Also, at the time I recorded this video, I noticed they were sending out the rodeo lineup. I
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What’s Been Happening in Our Market?

The latest statistics about our San Antonio real estate market.     What has been happening in our market? Today I’ll cover all the recent stats and fill you in on the challenges we’re seeing, the general atmosphere of the market, and more.   In a previous blog post, I predicted our market would have between 2.5 and 2.7 months of inventory by now, and I was right on target. We are at 2.6 months of inventory, which is up from 1.2, the number from. This is still a seller’s market, but homes are taking a little longer to sell.
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How To Keep Your Home Cool in This Heat

Five tips to help you beat the heat and save on your utility bill.   I’m sure you are as tired of the heat as I am. It’s been a hot year, so I’ll share a few tips on how you can keep cool.   1. Get your HVAC serviced and have your lines cleared. On top of that, go to your cut-off tube and pour one cup of vinegar or bleach down it. Algae can build up in your line because of all this hot weather, which can cause it to back up and overflow. You may also want
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What You Need To Know About Our Local Market

How the recent changes are affecting our local real estate market.   Our market has been changing, and I’m sure most of you are wondering what’s been going on. That’s why I want to talk about what we’re seeing in our local market. The market statistics have changed some, but the shift isn’t as drastic as it might feel. We’re used to such a fast-paced market, and it has only slowed down a bit these past few months. That being said, it is still a great seller’s market. We went from 1.2 months of inventory to 1.8 months in San
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How To Protest Property Taxes

Here’s a guide to help you protest overvalued property taxes. Protesting property taxes is always a hot topic around this time of year since this is when people receive the newest assessments of their property values. Many homeowners have seen their property values increase anywhere from $50,000 to $100,000, which has a huge impact on how they’re taxed. Luckily, if your property has been overvalued by your county, you can protest it. Today I’ll discuss how and when to protest your property taxes and cover a few changes to the homestead exemption that you should be aware of. Follow along
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Don’t Do These Things While Buying a Home

 Here are seven common home-buying mistakes you should avoid.   Are you looking to purchase a home soon? It’s an exciting process, but it’s easy to become overwhelmed and make mistakes. That’s why today I want to share a few common errors you should avoid when purchasing a home:   Don’t buy big-ticket items before closing. Once you get under contract, it’s easy to get excited about buying new furniture or a new car, but try and hold off for a bit. If you make a big purchase before you close, it could affect your credit and cause issues
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Rising Rates Will Change What You Can Afford

 How increasing interest rates affect how much home you can afford.  Let’s talk about interest rates and how they affect you as a buyer.  If you’re planning to purchase a $280,000 home and put 20% down, you would have a monthly payment of $1,869 at a 3.25% interest rate. Right now, our interest rates are sitting around 4%, so that same house and down payment cost $2,014 a month. That’s a difference of $118 every month. That might not sound like much, but every time that monthly payment increases, it’ll raise your taxes, insurance, and more. If you stayed in
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How To Use Option Money

 Settling the dispute of what happens to option money on a backup contract.   Everyone understands that you have to sign the backup addendum to have a true backup contract in Texas. However, there seem to be a lot of questions about what happens with the option money. For a true backup offer, you need a fully executed contract with earnest money. If you’re asking for an option period, you also need option money to go to the title company. If the buyer has the unrestricted right to terminate the backup contract, the termination period begins on the effective
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Important Facts To Know About Leasebacks

 Here’s what both buyers and sellers need to know about leasebacks.   Since we’re in a pretty extreme seller’s market, leasebacks are becoming more and more popular. Today I’ll talk about what leasebacks are, how they’re used, and what you need to know about them before you form an agreement. In short, a leaseback is when the buyer of a property allows the seller to live there for a certain amount of time after the transaction has closed. Essentially, the seller is renting the property they just sold to the buyer. Usually, this is to allow the seller more
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Why You Need To Review Multiple Offers

We have proven strategies for attracting and reviewing multiple offers.   Today I want to talk about how we handle multiple offers and why it’s so important. It’s common to get multiple offers in the current market. It’s also very important to deal with those offers properly, from dealing with the agents and buyers to how we help you as a seller.   First, we list our homes at a specific time to attract more offers. We’ll typically put them on the market on Thursday or Friday, and we don’t review any offers until Monday so that it has time
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