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Real Estate Transactions Archives

West Texas and the Hill Country are booming on Airbnb

Airbnb customers are finding temporary lodging in West Texas and the Hill Country and helping to drive up the popularity of real estate in these areas. According to Airbnb, five rural counties in Texas have brought in over $1 million in earnings from August 2017 to July 2018. Equally impressive was the growth rate in the 177 rural county Airbnb's in Texas, which saw an increase of 93 percent. That's double the growth rate in urban counties.

Local commercial property firm invests in San Antonio apartments

The local real estate investment company, Internacional Realty, recently purchased a massive, 208-unit-sized apartment complex in Universal City. The firm bought the property from Lowe Enterprise Inc., a real estate development firm based out of Los Angeles. The apartment complex in question is named Sunrise Apartment Homes.

Termite types to watch out for

A termite infestation can absolutely destroy the value and livability of a property, so it's vital that you do not inadvertently get trapped in a new home purchase that has a termite problem. When purchasing a home, it's always best to hire a professional to do a home inspection. This should include inspecting for signs of termites. However, you should also do your part to look for termites.

Search for these things to identify a problematic home

Before purchasing a home, every San Antonio home buyer should contract a home inspector to perform a thorough review of their real estate purchase. However, home inspections do not come cheap, so prospective buyers might want to do a cursory review of the home themselves. In some cases, home buyers can rule out a prospective purchase without the need for a professional inspection.

3 tips for before you put your home on the market

Before you put your home on the market for sale, there are a number of things you can do to increase the chances it will sell and to increase the amount of money you can receive for the property. Let's take a quick look at four of the most important pre-real estate sale tips that will assist you in this regard:

How to look for termites before buying a home

Every time you purchase a new home, you should have a professional inspection performed to ensure that the property is free of damage. You may also want to do a detailed walk-through and inspection yourself, as it's always possible that even a professional inspector could miss a glaring problem. One thing you want to pay especially close attention to is the threat of termites.

Can I back out of my real estate deal?

Imagine you've agreed to purchase a new home and although you haven't closed on the property, you've signed an agreement to buy the residence. The problem is, your situation has changed or you've discovered a "deal-breaker" pertaining to the property. Now you no longer want to buy it.

How to do a preliminary roof evaluation

When you're driving around San Antonio looking to purchase a new home, you'll want to determine whether there are roof problems at first glance, as quickly as possible. There are numerous homes on the market with severely damaged roofs. While might be a good strategy to buy one of these homes at a massive discount and carry out the roof repairs yourself, you will definitely want to know what you're getting into before you get too far into the real estate deal.

Is it a home seller’s market in San Antonio?

There's good news for home sellers in San Antonio. During the first quarter of this year, home prices skyrocketed faster in San Antonio than in other Texas cities. Statistics released by the Texas Association of Realtors show just how good the situation is: Median home prices in the San Antonio area are 7.3 percent higher than they were at the same time last year.