Can you AFFORD it?

Many people today are either living with parents, friends, or on their own in a rental.  Many times the question comes up....."Can I Afford to Buy a Home?"  Well, let's talk.  Take a look at your financial picture first.  How much money are you making on a yearly basis before taxes?  How many credit cards, auto loans, and other debts do you have? Once you have gathered all this information, you need to tally all your expenses for the month (credit card payments, auto payment, other debts).  You do not have to include expenses like utilities, cell phone bill, or insurance.  Now, you have your monthly expenses totaled.  What is your monthly income before taxes minus your monthly expenses?  If you included rent payments in your monthly expenses, put it to the side.  You need to have all this information ready and available for further discussion.

Per RENTCafé® data, it shows that a 3 bedroom in Austin, Texas average rent is $1842.  By looking at this information, you may assume that purchasing a home maybe your next option.  Let me give you an example, if you have been renting for 5 years at the price of $1500.00 per month.  YOU have spent $90,000 just on rent.  WOW....is correct!!!  You could have put that money in your own home.

So instead of asking the question..."Can I Afford to Buy a Home?"  CAN YOU AFFORD TO CONTINUE throwing money down the drain?  I have helped many individuals and families like you, STOP throwing money away.  Message me today for a FREE private consultation at angelinrealestate@gmail.com or send text message at (512) 431-2442. 




Teresa Scott-Tibbs, REALTOR®
Keller Williams Realty

Don't Let the HOLIDAYS smash your plans for a NEW HOME...

The National Retail Federation Press Release dated October 24, 2018 says "Consumers will spend 4.1 percent more than last year during winter holiday."  Wait, wait......  

Did you plan on purchasing a HOME in 2019?  Then, I'm writing this post for you.  Over the years, I have watched many of my clients, friends, and myself go Black Friday shopping for the HOLIDAYS.  This year, I want to ask everyone to STOP a moment.  Let's talk....  

One of the best things you could do for your FAMILY is own a HOME.  In order to achieve this goal, you MUST watch your spending.  Many consumers including myself spend lots of MONEY on Black Friday because of the deals and to get ahead start on Christmas gifts for family members.  Here's a few TIPS to help you save and not over spend:

1.  WRITE down a list of items you want to buy.  For example, if we want to give a gift to your parents, sisters/brothers, in-laws, etc, we need to give ourselves a budget limit.  For all relative Holiday gifts, spend no more than $___.  This is a budget line item for your November monthly expenses.  

2.  Since you will be operating on a budget this year, you will then need to review all the Black Friday ads and possible sale items.  Determine which items, you can get and stay within your budget of $___.  

3.  In an area that you will see EVERY morning, POST the HOME of your dreams. This will be a daily reminder of your 2019 goal and motivation to stay within your allocated budget amount.  

Remember 2019 is your YEAR to own a HOME!!!

Signing off... "Your Angel in Real Estate" -Teresa Scott-Tibbs

PS.  My contact information is Teresa Scott-Tibbs, Real Estate Consultant with Keller Williams Realty, email:  angelinrealestate@gmail.com / website: www.angelinrealestate.com

Attention Buyers NEED Representation...

DREAM of Homeownership is in Jeopardy!!

The current TAX Reform proposal being considered by CONGRESS is BAD News. Help SAVE the dream of homeownership TODAY. Contact your United States Congressional Representatives. We must protect this right.

http://homeownershipmatters.realtor/taxreform

KEEP YOUR FAMILY SAFE

Do you know what it is? Can you smell it? Carbon Monoxide is a colorless, odorless, and tasteless gas that can KILL an entire family. Many sources in your home can produce carbon monoxide. Some sources include clothes dryers, water heaters, furnaces, and fireplaces. The Center for Disease Control estimates that approximately 400 people die per year from unintentional exposure to Carbon Monoxide in the United States. Ways we can prevent the exposure to carbon monoxide is by installing a CARBON MONOXIDE DETECTOR and maintaining FUEL BURNING APPLIANCES. Over the next several days, take a little time and check out your home for potential exposure points and install a carbon monoxide detector immediately. KEEP YOUR FAMILY SAFE...

Your VOTE is needed on November 3, 2015....

On November 3, 2015, it is imperative that you exercise your right to vote. State Proposition 1, known as the Homeowner Tax Relief Proposition needs your YES vote. This proposition will ban sales taxes on real estate transactions; increase homestead exemption to $25,000; and reduces taxes on senior and disabled Texans. Please make sure that you read your ballot. Many counties are trying to confuse the issue by have other Proposition 1 items that are not relate to this one. MAKE sure you look for the wording Constitutional Amendments and Proposition 1. For more details on Proposition 1, please visit http://texansforprop1.com/

Are you READY to purchase a home?

As I sit here on this Friday afternoon, I'm astonished at the rental prices in the Austin area. The median lease price in July 2015 for Austin-area home leases was $1,550, three percent higher than in July 2014. This amount equates to $18,600 a year. It's hard for me to understand "why" people continue to pay this high rental amount verses buying a home. Right now, I'm sending a challenge out to all RENTERS... If you are paying $1200.00 or more for rent, then you need to give me a call TODAY. We will meet and review your credit and look at your options to purchase a home. I have access to lenders who will assist with down payment and go as low as 580 on credit scores. Stop wasting your money on high rent. Call Teresa with Keller Williams Realty at (512) 431-2442 or via email at angelinrealestate@gmail.com. I'm converting many renters to homeowners, so let me help you. #stoprenting,#home,#purchasehome,#newhomes,#renters,#firsttimebuyer