Home Foreclosure looming? I can help.

Overextended homeowners in San Antonio area markets combined with stagnant employment opportunities in some job fields increase the odds that individuals will find themselves in desperate mortgage situations. Despite the trauma foreclosures impose on homeowners and communities, real estate professional Thom Perdue, a foreclosure specialist—can make a difference.
When homeowners fall victim to economic circumstances and face losing their homes, the properties can sit vacant and incorrectly priced for months or even years as lenders try to unload them, leading to a decline in property values at best and a rise in crime at worst.
If enough homes in any particular area enter foreclosure, the fabric of the neighborhood can change as homeowners move—sometimes flipping the properties to investors who flip them again, perhaps without anyone ever moving in. The problem can affect any neighborhood of any economic class in the state.
As your real estate professional, I can help turn the tide against declining neighborhoods by finding stable buyers and helping them locate reliable lenders, contractors, landscapers or repair professionals to restore these properties if needed. Although, many foreclosed homes in today’s market are in good condition, the street appeal is usually degraded at the very least.
I can help homeowners become aware of the financing options available to them to help save them from the many downsides of foreclosure within the often-strict deadlines to close the transaction. The back-and-forth nature of offers generally doesn’t apply with foreclosures. You usually have one shot—win or lose.
Learning to handle foreclosures with grace and expertise has come with time and experience. The process can be frenzied, but it also can be personally and financially rewarding for everyone. If you need help with a pending foreclosure, now’s the time to contact me before it's too late. To learn more about foreclosures, contact Thom Perdue, ABR, CRS, Texas Real Estate Broker.

Builder Spotlight_ Mercedes Homes

Mercedes Homes
"A Family Builder Building Homes for Families"

Mercedes Homes is a perfect case history story of how a small, family-owned builder has grown to become one of America’s top builders without losing its family roots and values.

It all started in 1983 when Howard Buescher, with 23 years of experience in the home building industry, formed his own company in Florida. He named it after his wife, Mercedes. In that first year, Buescher built 35 homes. Since then, the company has built over 40,000 homes, ranking the company as the 16th largest builder in the nation. They are the second largest privately owned builder and largest 100% employee owned builder in the United States.

Employee ownership in Mercedes Homes is a major contributor to their positive atmosphere. From an ownership position, this sense of responsibility and pride translates into customer service and satisfaction.

Rapid expansion also saw the company not only expanding throughout its home base state of Florida, but into North Carolina, South Carolina, and Texas. Yet, because of the managed growth of Mercedes Homes, the company has been able to keep the friendly, family atmosphere.

San Antonio is the newest expansion market for Mercedes Homes with two communities open for sales with more on the way. The Renaissance at the Vineyards and Mountain Lodge in North Central San Antonio are master-planned communities. Because they are a design-oriented builder, they tend to not be in the lower price points. Mercedes built homes are starting in the mid $300’s in the two newest communities in San Antonio.

Adam Wilson, Division President and veteran in the building industry, heads the San Antonio Division. “We spend a lot of time researching products and working on the latest trends and try to incorporate them into our designs,” says Wilson. “Our homes in San Antonio have features such as rotundas, courtyards, large covered patios and unique exterior designs. Our Mediterranean, Tuscan, Old World, and Mission exteriors are a result of our research of the trends in the San Antonio market.” Large, expansive kitchens adjoining family rooms are also important. High bath count, luxurious master baths, media and game rooms are also considerations that are made in their designs to satisfy the latest trends.

Although one of the nation’s largest builders, Mercedes Homes has managed to keep the family-owned and operated, personal touch culture. It is a family building homes for families.

If you would like to see their model and see the quality in person, contact me and I'll set it up.

PS: Thanks David Trever for info on your company!

Almost overnight, San Antonio is a Buyers market...

As Builder inventory continues to rise and fewer Buyers visit the neighborhoods, the incentives get more and more bold! At the same time, pre-owned home Sellers are putting their homes on the market with school now out and what we have is called a flattening of the market or shift to Buyers Market. This spells more time on market for home Sellers and careful analysis of pricing. The homes must look GREAT from the street now more than ever. Are you ready for the professional services of a Real Estate Broker who has seen this market condition several times before and knows how to Market homes in a changing climate? Contact me for a free consultation.