Sam Williams, Realtor ® San Angelo, Tx

OPEN HOUSE 2513 Harvard SamWilliamsRealtor.com

2513 Harvard Video walk through

Here's to a NEW YEAR! 🍾 🎉 If your goal is to own your 1st 🏡 📍January 20th from 5-7 at The Martial Pint located at 19 E. Concho. 📍We'd love to tell you about the home buying process and how easy it can be to own a home! See you there! 👀

at San Angelo, Texas https://www.instagram.com/p/CYJ3qHarqvV/?utm_medium=tumblr

🌲🌲🌲 (at San Angelo, Texas) https://www.instagram.com/samwilliams_realtor/p/CXphIHILiKL/?utm_medium=tumblr

THE DIFFERENCE BETWEEN HOME WARRANTY & HOME INSURANCE

When purchasing a new home, it’s important to do in-depth research on all facets of the homebuying process. One thing you’ll need to understand is how to best protect yourself and your investment if anything were to go wrong. Check out the information on home insurance versus home warranty below to educate yourself on your options.

Home Insurance

Homeowners insurance pays for any accidental damages and loss that are caused by fire, lightning strikes, windstorms, and hail, however, damage from earthquakes and floods is typically not covered. It also covers the replacement of personal property in case of theft or damage and liability if a person were to get injured in your home or on your property. According to American Home Shield, the average annual cost of a homeowner's insurance policy ranges between $300 and $1,000, and the bank usually asks you to obtain a policy before the mortgage is issued. Make sure to keep in mind that each type of coverage in the policy is subject to a limit and, in most cases, you will have to pay a deductible.

Home Warranty

A home warranty is designed to cover the cost of repairs and replacements of larger appliances and crucial systems in your home that may fail or break due to age and wear and tear. This includes but isn’t limited to HVAC, electrical, or plumbing components, kitchen appliances, and your washer and dryer. With a home warranty, you are required to pay premiums year-round, even if you do not use it, and it won’t cover damages if appliances were not maintained properly or if the damage is from a fire or other disaster.

OPEN HOUSE today 2-4 📍2513 Harvard (at San Angelo, Texas) https://www.instagram.com/p/CWQziF6rpK6/?utm_medium=tumblr

2513 Harvard Ave San Angelo, Tx

SamWilliamsRealtor.com

Home Is Where Your Dog Is!

HIDDEN FEES TO BE AWARE OF WHEN PURCHASING A HOME

Purchasing a home is arguably one of the biggest financial decisions you will make in your lifetime. As you start your hunt, don't forget there will be other costs associated with your purchase then the price of the home. Here are 5 fees to keep in mind as you begin to budget.

Home inspection. This is a crucial step in the home buying process. The findings that come from the inspection can help you negotiate price and repairs. Generally, you can expect to pay between $300 to $500 depending on the home and the location.

Title services. Title services encompass the transfer of the title from the seller and a thorough search of the property’s records to ensure to no one will pop up with a claim to the property. Additionally, you may need to buy title insurance which will protect the lender or your investment in the home.

Appraisal fee. Before getting a loan, you will likely be required to get an appraisal of the home to determine its estimated value. This will be conducted by a third-party company and the cost can land anywhere between $300 and $1,000, depending on the size of the home.

HOA fees. Many communities have a homeowners’ association that enforces monthly fees. This money is used for general maintenance and updates to areas like pools, parks, and more. Typical HOA fees are around $200 per month.

Taxes. The taxes each buyer pays at the closing table differ, but it is not uncommon for it to be up to two months’ worth of county and city property taxes. Additionally, there may be taxes for the transfer of the home title.

Sam Williams, REALTOR ®325.263.6600 

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Paul Ann Neighborhood Update San Angelo Tx Sam Williams, Realtor®

Sam Williams, REALTOR ®

325.263.6600

Search Properties Free at TurnedSold.com

Real Estate Tip Tuesday  

Sam Williams, REALTOR ®  325.263.6600  

Search Properties Free at TurnedSold.com