Reader’s Question:

I am trying to sell my house. It has been more than six months and it’s still in the market. Do I need to lower my price?

Amy

Dallas, TX

Amy, there is nothing to be really concerned about. There is nothing wrong with your house, the price of your house or with the real estate market of Dallas, TX. Unarguably, things are not the same as before but the real estate situation here in Dallas is doing much better than the other states. A house sitting for a few months in our real estate market is nothing to be alarmed about when you consider that the East and the West Coast are not doing so well. With their market, a one year waiting is not a very unusual. And we’re not talking about posh, high-priced homes here. We’re talking about reasonably priced properties. To compare, a lot of real estate properties (condo buildings) in Florida and Arizona are still unsold after sitting in the real estate market for a very long time. Real estate researchers say that Texas has several positive economic factors that support out real estate market such as affordability, reasonable cost of living and employment opportunities, among other things. It’s a given, the Dallas, TX real estate landscape is not as robust as before considering the events that have been and are happening but considering all these, we are still doing okay.

Tags: dallas real estate

Reader’s Question:

I live in Dallas, TX. I’m planning on selling my house. Do I need an inspection? How do I go about it? Do I need an inspector since I’m not buying one but selling it?

Marcus

Dallas, TX

Most people think that only house buyers need inspectors. If you plan on selling your house in Dallas, TX, a house inspection is a good idea and can definitely benefit you. If you had your house inspected before selling it, then you would know in advance the things that the buyer’s inspector will find. Knowing that, you could do repairs or, at least, know what questions to expect and the answers to give your prospective buyers. Having your own inspection prepares you for what might come your way.

Here are a few things that would help you make the buyers’ inspection go faster and better: Make sure that the essentials like gas water and electricity are on and okay because when the inspectors and buyers arrive, they will definitely look for that. Make sure all your light bulbs/fixtures are working. Check your safety fixtures like smoke detectors, etc. and make sure that they are in good working condition. Check if the places that the inspectors and buyers need to go are unlocked or easily accessible. Remove barriers or locks. Of course, repair the little things that were noticed by your own house inspector like rain gutters, knobs and locks, window screens, faucets and others.

Tags: dallas real estate