First Time Homebuyer? Does ZERO Down Sound Interesting?

Today, Josh Anderson, one of Houston’s most highly recognized lenders provides some inside perspectives to working with first time home buyers! As is the case in many situations the down payment can be a major obstacle. Not anymore!

“Recently, a friend asked me how can folks get a loan if they don’t have a down payment?

BancorpSouth is committed to providing special loan programs to increase opportunity for homeownership. Our special loan program, called Right@home tackles the lack of downpayment barrier to homeownership by offering 100% financing.

This loan program is an excellent opportunity for a first time home buyer to either get into a home more quickly than they may have thought – but you don’t have to be a first time home buyer to utilize the program! Anyone who qualifies can take advantage of this zero down loan.

Right@home is different than other loan programs in many ways. The only other traditional zero down loan is for veterans, with Right@home, you don’t have to have a military background. Additionally, there is no private mortgage insurance (PMI) required- which equals big savings. The borrower can receive up to 6% of the sales price from the seller to pay for closing costs and is only required to invest $500 either during the loan process or at closing. This loan is not a form of down payment assistance or grant, which may be required to be paid back and usually have large fees associated with them in order to participate.

The Right@home loan is only available at Bancorp South.


Josh Anderson Email: Cell: 832-687-8499

Five Staging Tips for Houston Sellers

Dear Sellers,

I’m thinking about you!   Just some handy dandy everyday tips to freshen and prepare your house for sale ….   Ready?  Go!

Staging Tips:

Everyone who plans on selling their house could use some staging tips. Staging makes a house more appealing to any potential buyer. According to the National Association of Realtors, staged homes sell faster than unstaged ones and may even garner a higher asking price. Staging your home to sell it is very different than regular interior decorating, so take a look at these staging tips to make your house looks like someone else’s home!

Staging tips - cleaning

Clean your home from top to bottom.

This may go without saying, but it’s important to keep your house as clean as possible while it’s on the market. Buyers want to know that the previous owners took care of their future home. Sticky counters, dirty floors, and grimy bathrooms will make buyers turn around and move on to the next house on their list.

Get rid of clutter and personal items.

You want buyers focused on your house, not on the items in your house. Personal photos, keepsakes, and other items can be very distracting. Excess clutter can make space appear smaller and should be cleared away to make your home look clean and roomy.

Paint your interior walls with neutral colors.

Now isn’t the best time to show off your lime green feature wall. Color preference varies widely by person. Avoid bold colors to help buyers picture themselves in your space. Even if you avoid dramatic colors, you don’t have to paint all of the walls white. Rich grays, browns, and cream colors all look wonderful and keep a space neutral.

Show off your closet space.

Storage sells! Keep your closets clean and organized. Take out some of your belongings to give your closet the appearance of spaciousness. When you have showings, keep the closet doors wide open so buyers know that your closets have nothing to hide.

Don’t forget to stage the outdoors.

A few pieces of furniture, some potted plants, and a fresh coat of paint can give a home the perfect amount of curb appeal. Give potential buyers an idea of how they might use the space, and that may be the tipping point that leads them to make an offer!

How to Make Your Houston Move Stress-Free

Hiring a mover is one of the best ways to reduce stress during an already stressful time. Houston is a huge city, so how can you keep your Houston move simple? There are tons of movers to choose from. Who can you trust with all of your possessions? Here are some tips to keep your Houston move simple!

Don’t trust someone without verifying who they really are. It’s finally here! The day you move into the new home. The last thing you want is for someone to drive away with a truck of your belongings, never to be heard from again. Get referrals from someone you know. Check to make sure the company is a real moving company. Doing your research early will save you a lot of heartache later.

Avoid scammers during your Houston move

Get an estimate. No mover will know how much you owe unless they can see how much stuff they’ll be moving. Have three or four companies come in and give you a quote. This will save you from any surprises later and help you get the best price in town.

Do your research early. Booking a mover at the last minute means you might not be getting a good price. It also means you could be missing out on working with the best companies. Consider your options long before the big weekend to save money, time, and avoid companies that might be trying to take advantage of you.

Pack your belongings on your own. Hiring movers to pack your belongings can incur hefty additional costs. Movers may be responsible for damage to your belongings if they pack them, but any decent mover will take care of your belongings and ensure they make it to their new home safely.

How have you simplified your Houston move? What’s your favorite way to keep costs low and stress down?