First Time Buyers' Resources

​4 Things San Antonio Home Buyers Should NOT Do During the Home Approval Process

To be ​approved for a home loan, you’ll need to show your lender that you (and your spouse or partner, if they’re purchasing along with you) are a safe and low-risk investment for them.  Additionally, you will want to avoid any of these major faux pas while your application is being considered.

​What San Antonio Homebuyers Should Know About the Real Estate Appraisal

Many people confuse the appraisal with the home inspection. While both of these services are designed to evaluate a property before a buyer purchases it, the two serve very different purposes.

​Texas Homestead Tax Break

If the financial burden of buying a home has you running for the hills, you might want to think again – especially if you live in Texas. As rent prices continue to rise across the nation, buying a home in San Antonio can be a more affordable option for many. And while homeownership does come with its costs, like maintenance, repairs, and taxes, it’s probably not as expensive as you might think. In fact, the state makes sure of that!  Thanks to what’s called the “Homestead Exemption,” Texas residents can catch a serious break on their property taxes – just for simply owning a home.

​What is an Interest-rate Lock?

Because mortgage rates can fluctuate often, it is important to understand what an interest rate lock is and what your options are when it comes to them.

​Tips for Choosing a Neighborhood in San Antonio

If you’re moving to San Antonio, or maybe moving within the city, it’s important to think about which neighborhood best fits you and your needs. We’ve put together a few tips for any San Antonio house hunter so that you can make the decision with confidence.

​Looking Past Sales Price When Buying a Home in San Antonio

It’s easy to focus on the price point of a home; after all, you have a budget and you’re probably trying your best to stick to it. With that being said, sometimes it’s important to look past the price tag of a home and to think about the possibility and value that it could offer.

Buying a Home in San Antonio: How to Choose the Most Important Features

The features that make up a home can easily have varying levels of importance for different home buyers. For some, a fantastic kitchen with a Viking stove is a necessity; others are more concerned about finding a big backyard for their dogs. Whatever your focus is, here’s an easy way to help you figure out the features that are most important to you.

Is the Timing Right?

Home Ownership is a big decision that requires careful thought from anyone- especially a first time buyer.  If you are a first time buyer, these are some indicators that can clarify if the timing is right for you.

mortgage:A contract that represents the debt owed by the borrower to the lender for the money borrowed to purchase a property.

down payment:

down payment:The portion of the value of the property the buyer pays for without the help of financing.

closing:The final, legal act of a transaction, where contracts are agreed upon and finalized, and monies are exchanged.

First Time Home Buyer Basics

Buying a home for the first time can be a thrilling and nerve-racking experience.  When it comes to finding a home and the buying process, the experienced REALTORS at KW are here to make sure your home buying experience goes smoothly.

closing:The final, legal act of a transaction, where contracts are agreed upon and finalized, and monies are exchanged.

buyer:An economic downturn when buyers have the advantage.

buyer:A temporary agreement where the buyer will reside in the property before closing.

buyer:the agent that represents and guides the best wishes of the buyer in a business transaction, as either an individual agent or as a broker

San Antonio Home Renting vs. Owning

Deciding whether to rent a home or buy a home often brings up the question of what the pros and cons are to homeownership vs. renting. Comparing the two may help you decide if buying a home is right for you, and you may be surprised at the comparisons!

mortgage:A contract that represents the debt owed by the borrower to the lender for the money borrowed to purchase a property.

Home Buying Timeline

There are multiple steps in the home buying process, and the more of them you are aware of, the smoother the process will be.

mortgage:A contract that represents the debt owed by the borrower to the lender for the money borrowed to purchase a property.

down payment:

down payment:The portion of the value of the property the buyer pays for without the help of financing.

closing:The final, legal act of a transaction, where contracts are agreed upon and finalized, and monies are exchanged.

6 Amazing Kitchens that Will Bring Out the Top Chef in You

Your kitchen is where you live your life. Whether you spend your time cooking, entertaining, or just chatting with your family, you want your kitchen to seamlessly blend style, luxury and functionality to fit your lifestyle. See how these incredible kitchens achieve just that!

Pre-approval:An assessment given by the lender that investigates the borrower

Mortgage:A contract that represents the debt owed by the borrower to the lender for the money borrowed to purchase a property.

access:The right to enter a land through public route; also may include entering the land from another private land.

Don’t Believe Everything you Hear: 6 Myths About Buying a Home in San Antonio (Video)

You’ve heard that “expert” advice about San Antonio homes and what it’s going to take to buy one in 2017… but what part of that advice is truth and what is myth? Don’t believe everything you hear, this video will fill you in on 6 Myths floating around about buying a home in San Antonio.

Transportation 101 For Homebuyers Moving to San Antonio

San Antonio spreads far and wide, literally covering a lot of ground. Whether you’re looking to save money or reduce your carbon footprint, we’ve put together a few transportation options for you to check out!

What’s Your Type? Finding Your Perfect SA Home Match

Making the decision to move can be difficult…but finding a new place to call “home” can be even harder. Thankfully, we’re here to help you narrow down the options. Which type of San Antonio property fits you best?

The 5 Best San Antonio Neighborhoods for First Time Home Buyers

For first-time buyers, the San Antonio real estate scene might be slightly overwhelming. Big cities offer a lot of options…but which neighborhood is best suited to you and your family? What areas promise the growth and sustainability necessary for such a long-term investment? We’ve put together a list of neighborhoods that you won’t want to miss when looking for your first home!

Pre-approval:An assessment given by the lender that investigates the borrower

Mortgage:A contract that represents the debt owed by the borrower to the lender for the money borrowed to purchase a property.

improvements:Additions to raw lands.

equity:The difference between the value of a property and the amount still owed on the property.

buyer:An economic downturn when buyers have the advantage.

buyer:A temporary agreement where the buyer will reside in the property before closing.

buyer:the agent that represents and guides the best wishes of the buyer in a business transaction, as either an individual agent or as a broker

​14 San Antonio Starter Homes that Probably Cost Less Than Your Rent

What can a first-time buyer expect to pay each month for starter homes in San Antonio? Well, while the payments can differ as much as the neighborhoods around San Antonio, we’d like to give you a glimpse. Without further adieu, here are San Antonio’s most eligible starter homes (broken down by neighborhood), complete with an estimated monthly mortgage payment. And if you aren’t quite ready to mow your own yard yet, no worries, we’ve included some condos just for you. Take a look and compare the estimated mortgage payment to your rent- you may be surprised at the difference.

Pre-approval:An assessment given by the lender that investigates the borrower

Mortgage:A contract that represents the debt owed by the borrower to the lender for the money borrowed to purchase a property.

mortgage:A contract that represents the debt owed by the borrower to the lender for the money borrowed to purchase a property.

buyer:An economic downturn when buyers have the advantage.

buyer:A temporary agreement where the buyer will reside in the property before closing.

buyer:the agent that represents and guides the best wishes of the buyer in a business transaction, as either an individual agent or as a broker

access:The right to enter a land through public route; also may include entering the land from another private land.

Biggest Bang for your Buck: San Antonio Neighborhoods

Getting the best home value for your dollar depends on which San Antonio area neighborhood you select. But it’s not just about the price of the home that matters when you choose that perfect neighborhood.  Find out which San Antonio area neighborhoods will get you the most bang for you buck.

Pre-approval:An assessment given by the lender that investigates the borrower

Mortgage:A contract that represents the debt owed by the borrower to the lender for the money borrowed to purchase a property.

built-ins:Appliances or other amenities that are built into a home and are therefore permanent.

access:The right to enter a land through public route; also may include entering the land from another private land.

Fixtures, Wallpaper, and Landscaping: Ten Easy Fixes to Ignore When Searching for Your Dream Home

The house hunt is certainly exciting, and beautiful homes abound, but many homebuyers miss out on great opportunities by focusing on buying their perfect forever home “as is”. What a large number of buyers don’t realize is that many of their initial dislikes can be fixed easily. Such easy cosmetic fixes should not be deal breakers! Here’s our list of top features to ignore when searching for a new house.

Pre-approval:An assessment given by the lender that investigates the borrower

Mortgage:A contract that represents the debt owed by the borrower to the lender for the money borrowed to purchase a property.

fixtures:An item included in the sale of a property due to it being an attached extension of the property.

buyer:An economic downturn when buyers have the advantage.

buyer:A temporary agreement where the buyer will reside in the property before closing.

buyer:the agent that represents and guides the best wishes of the buyer in a business transaction, as either an individual agent or as a broker

Top 7 Mistakes Rookies Make When Buying a Home

Buying a home can be scary, thrilling, and confusing if you are a rookie in the housing market.  Lucky for you we have made a list of the top 7 mistakes first-time buyers make when searching for a home so you can begin this process a little more knowledgeable and prepared for what might come.

Pre-approval:An assessment given by the lender that investigates the borrower

Mortgage:A contract that represents the debt owed by the borrower to the lender for the money borrowed to purchase a property.

closing:The final, legal act of a transaction, where contracts are agreed upon and finalized, and monies are exchanged.

Open Houses or Private Showings- Which is best?

There are quite a few differences between Open Houses and Private Showings and, surprisingly, there isn’t necessarily one better than the other. However, they are both stronger in different time frames of the home-buying process- or for different homebuyers.  Read on to find out which option is better for you.

Pre-approval:An assessment given by the lender that investigates the borrower

Mortgage:A contract that represents the debt owed by the borrower to the lender for the money borrowed to purchase a property.

majority:The age of which a person transitions from a minor to an age where he can represent himself and handle his own affairs.

buyer:An economic downturn when buyers have the advantage.

buyer:A temporary agreement where the buyer will reside in the property before closing.

buyer:the agent that represents and guides the best wishes of the buyer in a business transaction, as either an individual agent or as a broker

7 Questions to Ask at Your Next Open House

Shopping for a new home can be both exciting and overwhelming.  Open houses are the prime opportunity to not only get a feel for a house and the neighborhood you have your eye on, but to ask all the questions that could make or break the decision of placing an offer. Read on to see some questions you will want to ask at the next open house you attend.

Pre-approval:An assessment given by the lender that investigates the borrower

Mortgage:A contract that represents the debt owed by the borrower to the lender for the money borrowed to purchase a property.

listing:A formal written contract that allows an agent to represent a party in the selling, leasing, or buying of a property.

disclosure:A statement the seller is required to provide that details the presence of any relevant information regarding a property, including the existence of lead paint or asbestos

San Antonio: Where Millennials Can Actually Afford Their First Home

Millennials are arguably the most unpredictable generation in regards to real estate purchases, and though the reasons vary as to why, one thing we know is where this generation is wanting to live. Urban living has become a HUGE draw to this generation, and as a result city centers and urban areas are being redeveloped and have become quite the hot spots. But what can you get in these millennial hot spots for a “millennial price”?  We take a look in this blog.

Pre-approval:An assessment given by the lender that investigates the borrower

Mortgage:A contract that represents the debt owed by the borrower to the lender for the money borrowed to purchase a property.

majority:The age of which a person transitions from a minor to an age where he can represent himself and handle his own affairs.

down payment:

down payment:The portion of the value of the property the buyer pays for without the help of financing.

access:The right to enter a land through public route; also may include entering the land from another private land.

How to Pick the Best Realtor San Antonio Has to Offer

?In a city the size of San Antonio, there’s a lot of real estate to be had. To help handle all that San Antonio real estate? Thousands of Realtors that serve the area. While having all these agents in the area is a certainly a good thing for consumers (it gives buyers and sellers infinite choices in who they hire), it can also make the process a little more overwhelming for said consumer. Want to find the real estate agent most appropriate for your task at hand? Take a gander at these suggestions.

Pre-approval:An assessment given by the lender that investigates the borrower

Mortgage:A contract that represents the debt owed by the borrower to the lender for the money borrowed to purchase a property.

mortgage:A contract that represents the debt owed by the borrower to the lender for the money borrowed to purchase a property.

agency:Formed through a written contract, this is the binding trust established between sellers and buyers and their agent where an entity agrees to represent their client

Browsing Homes for Sale in SATX? 7 Tips for Spotting a Great Deal

?We all scope out the local real estate market from time to time.  Whether you’re actively looking to move or you’re just waiting for your dream home to hit the listings, browsing the San Antonio home market is pretty common – even if you already live here.  But spotting a great deal amongst all those listings? Well, that’s a different story.  Next time you’re scoping out homes for sale in San Antonio, be sure to heed these tips from our expert agents. You’ll be able to spot a deal from a dud in no time.

Pre-approval:An assessment given by the lender that investigates the borrower

Mortgage:A contract that represents the debt owed by the borrower to the lender for the money borrowed to purchase a property.

mortgage:A contract that represents the debt owed by the borrower to the lender for the money borrowed to purchase a property.

listing:A formal written contract that allows an agent to represent a party in the selling, leasing, or buying of a property.

The Ultimate Guide to Houses for Sale in San Antonio

?When browsing houses for sale in a real estate market as large and diverse as San Antonio it can be overwhelming to narrow down what you’re looking for. Luckily, in the San Antonio real estate market buyers have the flexibility to choose from a variety of different housing options. With so many choices, it’s important for homebuyers to assess their needs and prioritize their “wants”. At the end of the day, you will be able to find the perfect house for you after deciding which of the following factors to value.

Pre-approval:An assessment given by the lender that investigates the borrower

Mortgage:A contract that represents the debt owed by the borrower to the lender for the money borrowed to purchase a property.

access:The right to enter a land through public route; also may include entering the land from another private land.

You Can Afford More Than You Think…How Much Money Do You Need to Make to Buy a Home in San Antonio?

?If you’ve ever purchased a home, you know the process can make your emotions run the gamut. And while viewing the homes is exciting, it may be the easiest part of the process. The hardest? Finding the perfect home… and obtaining a loan for that home. But, depending on where you live and how much you make, you may be able to afford more than you think. Fortunately, in San Antonio and the surrounding areas that notion is truer than most places.

Pre-approval:An assessment given by the lender that investigates the borrower

Mortgage:A contract that represents the debt owed by the borrower to the lender for the money borrowed to purchase a property.

interest rate:Generally expressed as a percentage, this is the periodic charge on borrowing money.

insurance:Protection against specified hazards by a company that a party pays a premium to.

down payment:

down payment:The portion of the value of the property the buyer pays for without the help of financing.

Helotes, TX Real Estate Makes for the Perfect Starter Home

Located just northeast of San Antonio, Helotes is a quaint, tightly-knit community with loads to offer. With loads of available land, sprawling Hill Country views, and affordable, quality real estate, it’s a dream for those who are just getting started. Are you looking for your family’s starter home? Here’s why Helotes, TX real estate is your answer.

Pre-approval:An assessment given by the lender that investigates the borrower

Mortgage:A contract that represents the debt owed by the borrower to the lender for the money borrowed to purchase a property.

agency:Formed through a written contract, this is the binding trust established between sellers and buyers and their agent where an entity agrees to represent their client

Buying A Home