Alexandria Aymelek

If you do not agree with your agent's valuation the best thing to do is ask them to show you the comps they used. A good agent should have recent sales of homes that are truly comparable in size upgrades and location. If those numbers do not match what you know about your property then you have every right to question it. You can also get a second opinion before signing anything. One agent might be more conservative and aim for a quick sale while another may be more confident in pricing a bit higher to test the market. The main thing to remember is that pricing too high can make a home sit unsold while pricing too low can cost you money. Often the best option is to meet in the middle and stay open to adjusting quickly if buyers are not showing interest.

f you are already questioning whether you can afford the $500K home then the answer is probably no. Pre-approval only takes into account income credit and certain bills. It does not factor in things like travel shopping dining out or lifestyle choices. The bank may say you qualify but that does not mean it will be comfortable for you. If you are already unsure it is a sign you should look at a lower price point or run the numbers more closely before making the leap.

If you are already two years from retirement I personally think buying now could make sense. While you are still working you will have your income to qualify for the loan and handle any updates or improvements you want to do before you stop working. It also gives you time to get settled near your family and not feel rushed once you actually retire. The flip side is that once you retire your income will change and all the expenses of homeownership will still be there. Taxes, insurance, maintenance and utilities do not go away just because the mortgage is affordable. That is why I would not buy at the very top of what the lender says you qualify for. I would look at something a little under that number so you are comfortable long term. Overall if being close to family is your goal and you can budget for the monthly costs even after retirement then I think it is smart to buy now instead of waiting.

Yes, they exist and go fairly quick. So my advice is to get with a lender and be ready with an experienced agent.

is he a live in b/f? Are you guys common law married? Things can get sticky...

You'll want to ask your agent, or check the listing agreement.

Depending, was the shed excluded? Check your listing agreement.

In Texas, a rent-back is handled through what's called a Seller's Temporary Residential Lease. After closing, the buyer becomes the owner and you become the tenant, which can feel a little unusual. It does require a separate lease agreement, so it's important to go over the pros and cons with your agent and make sure the paperwork clearly spells out dates, rent, and responsibilities.

When a landlord sells a rental property, the lease you signed doesn't disappear, the buyer steps into the landlord's place and has to follow the same terms until it ends. Since you have six months left, you cannot be forced to move out early just because the house changes ownership, unless your lease has an unusual early termination clause.

The best way to find out what your home is worth is to connect with a local real estate agent and ask for a Comparable Market Analysis, often called a CMA. This report compares your property to similar homes that have recently sold in your area, giving you a realistic idea of your current market value. Agents usually provide this service free of charge, and it can be a much more accurate starting point than just looking at online estimates.

If you have not been helped, please reach out to me 972-890-5430.

The easiest way to see what your land is worth is to reach out to a local real estate agent who is experienced with land sales in your area. They can prepare a market analysis for you by comparing your property to similar parcels that have recently sold nearby. This gives you a clearer picture of current market value, and most agents will provide this report free of charge. From there, you can decide if now is the right time to sell or just keep the information for future planning.