NW Realty
NW Realty
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    • Home
    • Meet The Broker
    • Join The Team
    • Request More Info
    • CMA Request
    • FAQs
  • Home
  • Meet The Broker
  • Join The Team
  • Request More Info
  • CMA Request
  • FAQs

Frequently Asked Questions

Please reach us at normawiltz@gmail.com if you cannot find an answer to your question.

NW Realty offers a range of services including #residential property sales, #rental management, and #real estate consulting. Search All listings at https://www.har.com/normawiltz/results?for_sale=1&quicksearch=&showsearch=1


Although we are located in the Houston/Pearland area, we can sell in the State of Texas. 


Yes! We have a Nationwide Agency Network that we help you connect with the top agents in any state! #relocation 


Yes, we have a brochure for buyers and sellers that help navigate the process from the beginning or the process to the closing table. Request your free guide @ normawiltz@gmail.com


Our listing fee ranges from 2-4%, depending on each transaction. We offer discounts and credits to sellers based on the conditions of the sale.


Yes, upon request.


Inventory is still low, with buyer demand high. If your home is priced right, it will sell quickly.  More buyers are actively searching for homes than there are available properties. 


 When it comes to determining the value of a home, there are several factors that need to be considered, such as the location, size and layout, condition, and features of the property, as well as the current market conditions in the area. Request a free Comparable Market Analysis (CMA)  on our home page.


Yes! Ordering a home inspection before listing a house can be a smart and strategic move that can benefit the seller in the long run. A pre-listing inspection can identify problems like faulty wiring, foundation issues, or pest infestations, allowing you to address them before the buyer's inspection. A home in good condition, backed by a positive inspection report, can be more attractive to buyers and potentially command a higher price. Ask about our preferred inspector list.


The first step when buying a home is to get pre-approved for a mortgage, which helps determine how much money you can borrow to buy a home. Getting pre-approved for a mortgage is important because it helps you determine your budget for buying a home and shows sellers that you are a serious buyer. Ask about our preferred lender list.


A seller’s market takes place when demand exceeds supply. When there is less than a 6-month supply of inventory available, we are in a seller’s market and we will see greater appreciation. Request your home's value by clicking on the CMA Request on our home page.


A buyer’s market occurs when supply exceeds demand, giving buyers an advantage in negotiations. More than a 7-month supply means we are in a buyer’s market and can expect depreciation in home values.


It specifies the services the agent will provide, such as finding suitable properties, providing market information, assisting with negotiations, and guiding the buyer through the purchase process. It outlines how the agent will be paid, which may be through a commission from the seller or directly from the buyer. Request a copy of the B.R.A. @ normawiltz@gmail.com


Having a buyer's agent can be beneficial, especially when negotiating upgrades, handling contracts, and ensuring the home is built to the buyer's specifications. Builders usually pay the buyer's agent's commission as part of the overall sales process. This is a common practice in new construction sales. 


A CMA is a professional assessment conducted by a real estate agent. It compares your home to similar properties that have recently sold in your area. The agent will consider factors like size, features, location, and market trends to provide a more accurate valuation. For the most accurate assessment, consider a professional appraisal. Request a free CMA on our home page.


Yes, getting a home inspection before purchasing a home is generally a very good idea. A professional inspection can help identify potential problems, provide peace of mind, and potentially give you leverage in negotiations with the seller. It's highly recommended to get a home inspection on new construction, even though you might expect everything to be perfect. New construction homes, despite being new, can still have issues like defects, code violations, and improperly installed systems that a professional inspection can identify. 


A Realtor will have a good sense of your local market and be able to pull similar homes that have sold to help determine whether the one you like is properly priced. That can inform your decision of whether to make an offer — and if so, how much.


Shortly before closing, your agent will accompany you on a final walk thru of the property you’re purchasing. This is your last chance to make sure all is as it should be, and that all the agreed-upon conditions of the sale are in place.  Your agent will know what to expect, and what to do if you do run into problems.


Stay informed about the incentives offered by new home builders, such as closing cost assistance or lower mortgage rates. Builders are often more willing to negotiate on upgrades rather than the base price of the home, so focus on securing these additional features. Don't hesitate to walk away from a deal if you're not getting a fair price or terms, and be prepared to counter-offer to secure the deal. 


Several factors can contribute to a home not selling, including pricing issues, ineffective marketing, and the property's condition. It's also crucial to consider the market conditions, curb appeal, and how the home is presented to potential buyers. 


In Texas real estate, an option period is a defined timeframe in a contract that allows the buyer to terminate the agreement for any reason without penalty, typically for a specific fee paid to the seller. This period gives the buyer time to conduct inspections, appraisals, and consider other factors before committing to the purchase. 


You pay earnest money when buying a house to demonstrate your serious intent to purchase the property and provide a degree of security for the seller. Earnest money, also known as a good faith deposit, signals to the seller that you're a serious buyer and are committed to completing the purchase if all goes well. If the sale goes through, your earnest money is typically credited towards your down payment or closing costs, effectively reducing the amount you need to pay at closing. 


On average, it takes 4 ½ months to shop for a home, plus an additional 30-45 days to close on a home once you are under contract. You can shop for a home anytime, but you'll probably want to shop for a mortgage within two weeks to avoid damaging your credit score.



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