They focus on the purchase price.
The number that matters is what the home costs each month, and the price alone doesn't tell you that.
Buy a home in Keller or Fort Worth with the monthly cost in front of you.
By Glenn Wegner · Broker and owner, Lone Star Realty
I'm Glenn Wegner, the only agent at Lone Star Realty. I explain the numbers before we tour a single house.
Two mistakes first-time buyers make
They shop before they understand financing.
Know your loan options, the cash you need at closing, and your priorities first. Then touring is a lot more useful.
What your payment really includes
The seller's tax bill may not reflect what you will pay. Before you make an offer, I check the tax records, the district information, and the seller's disclosures for any MUD taxes or PID assessments, and I build them into your numbers.
- Loan principal and interest
- Property taxes
- Homeowner's insurance
- HOA dues
- MUD or PID charges where they apply
Financing first
I can connect you with lenders who are experienced in VA, FHA, and conventional loans. You're free to compare them and choose, and I'll help you find the best deal for your situation.
New construction
I've helped buyers purchase new construction many times, and I know how the builder's contract and process work. My loyalty is to you, and I'll guide you in your best interest.
Before we tour: the buyer agreement
Before any showing, I explain our agreement: what I do for you, what my fee is, and who pays it. My fee as a buyer's agent is also 3% to 4%, it's negotiable, and we put it in writing before we tour a home. In my transactions so far, sellers have agreed to cover my fee every time. I can't promise that for your purchase, and I'll explain how it works before you sign.
How we start.
1. We talk.
I ask where you are on pre-qualification, when you need to move, and what the family needs: location, beds, baths, and budget.
2. You get a plan.
A full consultation, a realistic budget, and a short list of places and homes that fit.
3. We move.
I handle the showings, the inspection, the negotiation, and the repair requests until you have the keys.