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Any agent can list a property for sale on the web making the internet a very congested place. Plus, did you know that Possum Kingdom Lake is NOT a searchable city on most national real estate search websites like Zillow because we do not have our own zip code? That’s right, Buyers need to intentionally search for Graford Texas or its zip code to see Possum Kingdom properties on most of these national search websites! But with PKRE® specialized marketing, geared just for Possum Kingdom Lake, your property may be found on more than 800 websites! Our company promotions on many of these national search websites are then geared to cause our clients’ properties to stand out from the crowd.

Exposing your lake property to the most likely buyers is essential. Many of the best prospects are beyond the reach of other local agents advertising in the Possum Kingdom area. However, PKRE® advertising and marketing are extensive and we target the markets known to be where the buyers reside.
(Please ask for our 2020 Marketing Plan for details)

Long-distance agents who live more than 30 minutes from the Possum Kingdom area may be closer to many of the buyers but are often not familiar with Possum Kingdom. Providing essential service in a second-home market is very inconvenient for them because of the time required to travel back and forth for countless tasks. Digitalized lockboxes may be convenient for them but they can’t warn anyone that the property’s doors or windows may have been left unsecured or the lights and AC have been left on for weeks at a time. In huge contrast, PKRE® agents are available to help keep sellers’ properties secure and we always accompany buyers. PLUS, we assist all less familiar buyer agents during showings upon their request.

Sellers often have family or friends in the real estate business to list their property for sale, but because of distance, real estate expertise, or advertising resources, but unfortunately, this relationship often lacks the abilities required to obtain the highest sales price in the least amount of time on the market. Those valued relationships can also be strained and even damaged when business expectations are not fulfilled.

PKRE® are the Trusted Local Experts. We are the ONLY Full-Service, Real Estate Brokerage who has EXCLUSIVELY and SUCCESSFULLY served the Possum Kingdom market area for almost 50 years. Our Possum Kingdom Lake expert agents have assisted several thousand prominent Texans. Our legal record is spotless, and we are proud of our reputation for putting the needs of our clients first! Read what our many clients say about us on Facebook, Google, Zillow etc..

This works for our clients’ benefit! We are the most experienced team, and we are “boots on the ground”, ready to get the job done for you in the most effective ways. On the national websites, our PKRE® Team buying power causes our clients’ properties to have a preferred placement (where available) plus our PKRE® Team consistently respond to leads in less than two minutes because of our unique PKRE® Team approach to being PK Lake’s FIRST RESPONDERS. In this technological age, placement and response time are major factors for keeping OUR clients’ properties in front of the rest.

For many years, our website, PossumKingdom.com, has been the “GO TO” tool for folks wanting to learn all about our lake in addition to finding and buying lakefront property, or property in surrounding areas. Our company website has consistently ranked high in organic search engines like Google. The homes and land listed for sale by PKRE® are shown FIRST in every search result, a feature reserved exclusively for our clients. We send thousands of email alerts to our Possum Kingdom Lake prospective buyers on a weekly basis. We have established strong business relationships with national or global “Partners” whom we have teamed up within our pursuit of exceptional service on our clients’ behalf.

The Possum Kingdom Lake Welcome Center on Park Road 36, is the destination location for visitors seven days a week. Our PKRE® agents often become the INITIAL CONTACT for many visitors. Since we have PKRE® offices and agents on both sides of the lake, our agents can be available on short notice–which is terrific; for, not only is our lake is remote; it’s huge!

COVID-19 UPDATE: To maintain safety for our Team as well as for others we are temporarily limiting access to the Welcome Center lobby but we are making appointments to personally meet prospective Buyers who must fill out a COVID-19 Questionnaire to determine any health risk. Then during showings we provide face masks and remind prospective Buyers not to touch anything inside.

Are you ready to get out of the City? Are you tired of paying short term vacation rentals? Have you outgrown your current lake home? Are you looking for an investment portfolio? Are you looking for an income rental property? Would you rather own in a different lake area? Having a clear sense of your reasons for buying will help you choose the right property.

Property ownership is an excellent investment; whether you are looking for your dream lake home, a rental income property, or to expand your investment portfolio. Owning real estate is one of the least risky ways to build equity or to obtain a greater return on your initial investment.

Buying a property requires making many important financial decisions, understanding complex issues, and completing a lot of paperwork. It helps to have an expert in your corner when undertaking such a large purchase. Our PKRE® can guide you through this process, and also provide you with access to property listings many times before they hit the general market.

Here are some factors to consider when choosing your real estate professional:

• Look for a full-time agent in the POSSUM KINGDOM LAKE AREA– one who has experience completing transactions similar to yours.
• Interview a few agents: Are they familiar with the area in which you are interested?
• Ask how much time the agent will have for you and if they are available at night and on weekends.
• Does the agent return your calls promptly? Time is money when attempting to buy a property.
• Ask for a list of properties they have sold or a list of references.
• Choose an agent who listens attentively to your needs and concerns. Pick an agent, with whom you feel comfortable.

Time To Go Shopping! Once those preparations are out of the way, it is time to find the right property for you.

Get to know the lake neighborhoods or subdivisions, which interest you. Your local expert agent should be well informed enough to explain the different restrictions and “personality” of each lake neighborhood. Several communities are gated and access is restricted for security purposes so allow your agent to drive you around to get a feel for what it would be like to own a property in the different areas. Your local expert should also send you information on new listings in the different communities.

Save time and stay safe. Select a few properties that interest you the most and contact a PKRE® Agent to send you Virtual Tours to visit them online. Ask your real estate agent about the potential long term resale value of the properties you are considering. After narrowing down the choices even further schedule an appointment to come see only your favorites.

Once you have picked out the property you want to purchase, we are here to help you make an offer that the Seller will accept. A good Agent will investigate the potential costs and expenses associated with the new property. Our goal is to help you draft your offer in a way that gives you the advantage over another offer.

The Initial Agreement and Deposit. An effective agreement is a legal arrangement between a potential Purchaser and the property’s Seller. Some important tips to keep in mind to streamline the process:

• Keep written records of everything. For the sake of clarity, it will be extremely useful to never make verbal agreements especially counter-offers. PKRE® Agents always transcribe your offer into writing and through easy electronic signatures by email  make it easy for both parties. We will assist you in drafting all the paperwork for your purchase and make sure that you have copies of everything.
• Stick to the schedule. Now that you have chosen your offer, you and the Seller will be given a timeline to mark every stage in the process of closing the real estate contract. Meeting the requirements on time ensures a smoother flow of negotiations so that each party involved is not in breach of their agreements. During the process, we will keep you constantly updated, so you will always be prepared for the next step.
• A Title Company will be selected as a closing agent. The closing agent will hold the deposit in escrow and will research the complete recorded history of the property to ensure that the title is free and clear of encumbrances by the date of closing and that all new encumbrances are properly added to the title.
• How to Hold Title. You may wish to consult an attorney or tax advisor on the best way to hold the title. Different methods of holding title have different legal, estate, and tax implications, especially when selling or upon the death of the titleholder.

Once your offer is accepted by the Seller, you will need to have a licensed Property Inspector inspect the property within the time frame that was agreed upon in the effective contract to purchase. You may elect to have different Inspectors inspect the property if you wish to obtain professional opinions from Inspectors who specialize in a specific area (eg. roof, HVAC, structure). PKRE®  has a list of reputable Inspectors which have assisted previous Clients. Our goal is to discover any condition of the property which was previously unknown. Depending on the outcome of these inspections, one of two things may happen:

1. Either each milestone is successfully closed and the contingencies will be removed, bringing you one step closer to the close, or
2. The Buyer, after reviewing the property and the papers, requests a renegotiation of the terms of the contract (usually the price).

If you are obtaining a loan, you will be required by your lender to purchase a certain amount of insurance on the property. The value will depend on the lending institution and the purchase price of the property. You may be able to save hundreds of dollars a year on homeowners insurance by shopping around for insurance. You can also save money with these tips;

• Consider a higher deductible. Increasing your deductible by just a few hundred dollars can make a big difference in your premium.
• Ask your insurance agent about discounts. You may be able to get a lower premium if your home has safety features such as dead-bolt locks, smoke detectors, an alarm system, storm shutters, or fire-retardant roofing materials. Persons over 55 years of age or long-term customers may also be offered discounts.
• Insure your house NOT the land under it. After a disaster, the land is still there. If you do not subtract the value of the land when deciding how much homeowner’s insurance to buy, you will pay more than you should.

We will be happy to recommend experienced knowledgeable insurance agents for every property type.

Closing Day –
If you have come this far, then this means that it is almost time for congratulations, but not yet. Do not forget to tie up these loose ends:

• Final Walk-Through Inspection.
• More of a formality than anything else, the final inspection takes place a day before, or the day of the closing. You will visit the property to verify that all is in working order, everything is the same as when you last viewed the property, that there are no extra items left behind, and that everything included in your purchase is still at the property. If you can not make the final inspection our PKRE® Agents can make a virtual walk-thru with you, provided there is reception in that area.

The closing agent will furnish all parties involved with a settlement statement, which summarizes and details the financial transactions enacted in the process. You and the seller(s) will sign this statement, as well as the closing agent, certifying its accuracy. If you are obtaining financing, you will have to sign all the pertinent documentation required by the lending institution. If you are unable to attend the scheduled closing, arrangements can be made depending on the circumstances and the notice that we receive. If you are bringing funds to the transaction, you can elect to either have the funds wired electronically into the closing agent’s escrow account or bring a certified bank check to the closing in the amount specified on the settlement statement. The seller should arrange to have all property keys and any other important information for you at the closing so that you may receive these items at this time.