Keep up with the changes in the real estate market
10/02/2015 | Author: Marty Kramer
Say you bought your home seven years ago and you’re ready to move. You’re thinking of selling on your own. After all, you remember most of the steps in the process, and things couldn’t have changed that much since then, could they?
Well, here are just a few differences …
- A new law requires disclosure about fluctuating water levels if the property adjoins certain bodies of water.
- Last month, there were revisions to the Condominium Resale Certificate.
- Websites will now tell you how much your home is supposedly worth. (They’re often wrong by tens of thousands of dollars.)
- The increased energy exploration in parts of Texas has meant negotiations regarding mineral rights in many transactions.
- New laws have changed the rights of property owners in homeowners associations.
- Not many transactions were done with electronic signatures seven years ago.
- Several key components of the closing process are set to change tomorrow. Yes, really … tomorrow, October 3.
So while none of these and other changes technically prevent you from selling your home on your own, don’t you think you’d be better off hiring a Texas REALTOR®?
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