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ELITE
EDITION
The Debra West Team of RE/MAX Elite Group | We are a team of professionals bringing
60 years of combined real estate experience to serve you. With your highest interest in mind,
it is our mission to provide quality service before, during and after the sale. Our high number
of repeat clients and client referrals is a compliment to our team and a continued motivation to
strive for excellence.
This complimentary newsletter
is brought to you by
The Debra West Team of
RE/MAX Elite Group, your
local Real Estate Agents.
MAKING LOYAL
CLIENTS FOR LIFE
•	 Slater & Carly Westbrook
•	 Kody Alexander
•	 Jake & Brittnee Castle
•	 2 of a Kind, LLC
•	 Matthew & Danielle Chewning
•	 Robert & Barbara Guhl
•	 Lucas & Allison Mireles
•	 KMA Baptist Church/Parsonage
It was great working with each and
every one of you!
Congratulations to our March Clients!
“The Team” Talks in the Elite Edition!
April 2020 Issue
During this time of uncertainty, we would like
to announce that we are continuing to provide
a full scope of real estate services. However, in
compliance with city and state orders we are
utilizing technology and virtual options to avoid
person to person contact.
Debra is communicating and networking with
other top real estate professionals around the
country and is keeping current on real estate
projections.
So whether you have an interest in buying or
selling or simply curious about how the real
estate market is performing during these times,
give us a call. We’d be glad to visit with you.
HOW TECHNOLOGY IS ENABLING
THE REAL ESTATE PROCESS
Today’s everyday reality is pretty different
than it looked just a few weeks ago. We’re
learning how to do a lot of things in new
ways, from how we work remotely to how
we engage with our friends and neighbors.
Almost everything right now is shifting to a
virtual format. One of the big changes we’re
adapting to is the revisions to the common
real estate transaction, which all vary by state
and locality. Technology, however, is making
it possible for many of us to continue on the
quest for homeownership, an essential need for
all.
Here’s a look at some of the elements of the
process that are changing (at least in the
near-term), due to stay-at-home orders and
social distancing, and what you may need to
Bottom Line
If you need to move today, technology can help make it happen; there are options available.
To learn about the specific regulations in your area, contact a local real estate professional to
discuss your situation, so you don’t have to put your real estate plans on hold.
Source for photo and information: KeepingCurrentMatters.com
know about each one if you’re thinking of buying or selling a home sooner rather than later.
1. Virtual Consultations – Instead of heading into an office, you can meet with our team and
lending professionals through phone calls or video chat. Whether it’s your first initial needs
analysis as a buyer or your listing appointment as a seller, you can still get the process started
remotely and create a plan together. We are on your side.
	
2. Home Searches & Virtual Showings – According to the National Association of Realtors (NAR),
the Internet is one of the three most popular information sources buyers use when searching for
homes. We can send you listing information and help you request a virtual showing when you’re
ready to start looking. This means you can virtually walk through the homes on your wish list while
keeping your family safe. As a seller, you can still have virtual open houses and virtual tours, so
as not to miss those buyers looking to find a home right now.
4. Document Signing – The Debra West Team uses Dotloop, an electronic signature system.
You can set up an account where we upload all of the required documents and have you sign
electronically right from your computer or mobile device.
5. Most title companies in Wichita Falls are allowing drive-thru closings, which is similar to doing
a transaction at a bank window. You don’t even have to leave your car!
2020 MARKET
UPDATE
Average
List Price
Average
Sales Price
Average
Months of
Inventory
Average
Days on
Market
Did you know if the market’s
Months of Inventory is less than
6 months it’s considered a seller’s
market? It’s a great time to sell
your home!
LOOKING
TO LIST?
We have a team of marketing,
pricing and negotiating specialists
ready to speak with you today.
We realize that not every home
is the same, that is why we will
prepare a personalized
marketing strategy just for you.
Our team leader has earned her
ASP (accredited staging
professional) designation and will
assist you in preparing your home
for sale. Entering the market
correctly is imparative to a
successful sale. Call us today at
940-733-5478 for a FREE
complimentary market analysis
to determine if the time is right
for you.
April
Brokerage
Closing Costs
Curb Appeal
Easter
Iowa Park
Kemp
Offer
Spring
Underwriting
Warranty
REAL ESTATE WORD SEARCH
Buying a home is a big step and a competent real estate professional
is your life line through the entire process. Our team will take the time
to complete a Buyers Consultation prior to your home search to insure a
smooth and stress-free transaction. Whether it is assistance with financing
terms, school rankings, relocation issues or any other concerns you may
have, we will make sure you are knowledgeable and comfortable with the
process. Many of our first time buyers, new purchasers to Texas and even
experienced buyers will agree that the FREE Buyers Consultation
was the most valuable part of their entire experience.
READY TO BUY?
$153,023 $149,504
2.7 37
Data Gathered for Wichita Falls from Jan 1- Feb 29
Data Gathered: 4/13/2020
PROTECTING YOUR LARGEST SINGLE INVESTMENT
Title insurance is not as well understood as other types of home insurance, but it is just as important. You see,
when purchasing a home, instead of purchasing the actual building or land, you are really purchasing the title
to the property - the right to occupy and use the land. That title may be limited by rights and claims asserted
by others, which may limit your use and enjoyment of the property and even bring financial loss. Title insurance
protects against these types of hazards.
Other types of insurance that protect your home focus on possible future events and charge an annual premium.
On the other hand, title insurance protects against loss from hazards and defects that already exist in the title
and is purchased with a one-time premium.
TWO KINDS OF TITLE INSURANCE BENEFIT YOU IN TWO WAYS
There are two basic kinds of title insurance:
-Lender or mortgagee protection
-Owner’s coverage
Most lenders require mortgagee title insurance as security for their investment in real estate, just as they may call
for fire insurance and other types of coverage as investor protection. When title insurance is provide, lenders are
willing to make mortgage money available in distant locales where
they know little about the market.
Owner’s title insurance lasts as long as you, the policyholder – or your heirs – have an interest in the insured
property. This may even be after you have sold the property.
Depending on local practices and state law where the property is located, you may pay an additional premium
for an owner’s policy or you may pay a simultaneous issue charge
– usually a smaller amount – for the separate lender coverage. You may even split settlement costs with the seller
for the lender or owner’s policy.
WHAT DOES YOUR PREMIUM REALLY PAY FOR?
An important part of title insurance is its emphasis on risk elimination before insuring. This gives you, as the
policyholder, the best possible chance for avoiding title claim and loss.
Title insuring begins with a search of public land records affecting the real estate concerned. An examination
is conducted by the title agent or attorney on behalf of its underwriter to determine whether the property is
insurable. The examination of evidence from a search is intended to fully report all “material objections” to the
title. Frequently, documents that don’t clearly transfer title are found in the “chain,” or history that is assembled
from the record in a search. Here are some examples of documents that can present concerns:
-Deeds, wills and trusts that contain improper wording or incorrect names
-Outstanding mortgages and judgments, or a lien against the property because the seller has not paid his taxes
-Easements that allow construction of a road or utility line
-Pending legal action against the property that could affect a purchaser
-Incorrect notary acknowledgements
Through the search and the examination, title problems are disclosed so they can be corrected whenever
possible. However, even the most careful preventative work cannot locate all hidden title hazards.
Title insurance offers financial protection against covered title hazards. The title insurer will pay for defending against
an attack on title as insured, and will either perfect the title or pay valid claims – all for a one-time charge at closing.
Your home is your most important investment. Before you go to closing, ask about your title insurance protection, and
be sure to protect your home with an owner’s title insurance policy.
WHAT IS TITLE INSURANCE?
FEATURED LISTINGS
419 N WAGGONER ST
ELECTRA, TX 76360
4 Bedrooms | 4.5 Baths | 2500 Sq Ft
2 Car Carport
$139,900.00
YAY! EVERYONE GETS THEIR OWN BATHROOM!
This 4 bedroom/4.5 bath home is loaded with
1940’s charm. Lots of “ORIGINAL” elements
through out, including double lofts accessible by
sliding ladders, vintage ceramic tile, incredibly
large rooms, plumbing fixtures and so much more.
Enjoy a piece of Electra history in this unique and
one of a kind home.
1603 HURSH AVE
WICHITA FALLS, TX 76302
3 Bedrooms | 2 Baths | 2071 Sq Ft
3 Car Detached Garage & Carport
2 Dining Areas | 2 Living Areas
$134,900.00
You asked for more space... Well you got it! This
exceptionally maintained one owner home is in
impeccable condition. Home ownership pride is
evident. This unique home offers so much space and
versatility. 2 living areas, 2 dining areas, parking for
RV, extra vehicles orstorage space. The storm shelter
for safety from TX spring weather is just a bonus.
4600 BELMOUNT DR
WICHITA FALLS, TX 76308
3 Bedrooms | 2.5 Baths | 1657 Sq Ft
3 Car Detached Garage
$133,200.00
Exceptional home on corner lot with large rooms
and plenty of space. This home features formal
dining, separate utilities, a large 3 car detached
garage, and a 21 x 24 shop.
231 GLASGOW DR
WICHITA FALLS, TX 76302
3 Bedrooms | 1.5 Baths | 1080 Sq Ft
1 Car Attached Garage
$99,000.00
Large and spacious brick home on .96 acres in
quiet, small community. School district is Iowa Park
and school bus picks up at door. Plenty of room
for garden, pool, etc. Very neat and clean with
large rooms, a nice fenced in yard with a storage
building. The kitchen has plenty of cabinets and
stainless appliances.
“When it comes time to make one of life’s most important
decisions, integrity, experience and knowledge matters.
As one of Wichita Falls most innovative and productive
teams, we offer you that and much more. With a
combined 60 years of real estate experience, no detail
is ever overlooked. Whether you’re looking to buy a
home, sell your existing home or invest in the real estate
market, we are the team for you!
“
THE DEBRA WEST TEAM
RE/MAX ELITE GROUP
Cell: (940) 733-5478
Office: (940) 264-2500
debrawesthomes@gmail.com
www.debrawest.com
2903 Lydia Drive
Wichita Falls, TX 76308
248500 EAST 1984 LANE
DEVOL, OK 73531
3 Bedrooms | 2 Baths | 2280 Sq Ft
2 Car Attached Garage | 2 Dining Areas
1 Acre Lot
$219,900.00
This Ain’t No Cookie Cutter! Rural living at its
best. Just over the red river this unique home sits
on a high elevation over looking the skyline of
Burkburnett and Wichita Falls. Just a few minutes
drive from the North Texas town of Burkburnett
can give you all the seclusion, peace and quiet
you want. The “TEXOMA” view is as unique as this
Southern Oklahoma home.
305 S CEDAR STREET
HOLLIDAY, TX 76366
3 Bedrooms | 2 Baths | 1260 Sq Ft
1 Car Attached Garage | Holliday ISD
$158,500.00
Didn’t think owning a brand new home in the high
rated Holliday school district was in your budget?
THINK AGAIN! This new constructed home is an
absolute doll house. Builder pride and custom
quality. Modern design, open floor plan with
large over sized island, granite counter tops,
ceramic tile, double vanities, walk in shower, large
closets, covered patio, separate laundry area.
Qualifies for USDA ZERO PROGRAM.

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April 2020 Newsletter

  • 1. ELITE EDITION The Debra West Team of RE/MAX Elite Group | We are a team of professionals bringing 60 years of combined real estate experience to serve you. With your highest interest in mind, it is our mission to provide quality service before, during and after the sale. Our high number of repeat clients and client referrals is a compliment to our team and a continued motivation to strive for excellence. This complimentary newsletter is brought to you by The Debra West Team of RE/MAX Elite Group, your local Real Estate Agents. MAKING LOYAL CLIENTS FOR LIFE • Slater & Carly Westbrook • Kody Alexander • Jake & Brittnee Castle • 2 of a Kind, LLC • Matthew & Danielle Chewning • Robert & Barbara Guhl • Lucas & Allison Mireles • KMA Baptist Church/Parsonage It was great working with each and every one of you! Congratulations to our March Clients! “The Team” Talks in the Elite Edition! April 2020 Issue During this time of uncertainty, we would like to announce that we are continuing to provide a full scope of real estate services. However, in compliance with city and state orders we are utilizing technology and virtual options to avoid person to person contact. Debra is communicating and networking with other top real estate professionals around the country and is keeping current on real estate projections. So whether you have an interest in buying or selling or simply curious about how the real estate market is performing during these times, give us a call. We’d be glad to visit with you.
  • 2. HOW TECHNOLOGY IS ENABLING THE REAL ESTATE PROCESS Today’s everyday reality is pretty different than it looked just a few weeks ago. We’re learning how to do a lot of things in new ways, from how we work remotely to how we engage with our friends and neighbors. Almost everything right now is shifting to a virtual format. One of the big changes we’re adapting to is the revisions to the common real estate transaction, which all vary by state and locality. Technology, however, is making it possible for many of us to continue on the quest for homeownership, an essential need for all. Here’s a look at some of the elements of the process that are changing (at least in the near-term), due to stay-at-home orders and social distancing, and what you may need to Bottom Line If you need to move today, technology can help make it happen; there are options available. To learn about the specific regulations in your area, contact a local real estate professional to discuss your situation, so you don’t have to put your real estate plans on hold. Source for photo and information: KeepingCurrentMatters.com know about each one if you’re thinking of buying or selling a home sooner rather than later. 1. Virtual Consultations – Instead of heading into an office, you can meet with our team and lending professionals through phone calls or video chat. Whether it’s your first initial needs analysis as a buyer or your listing appointment as a seller, you can still get the process started remotely and create a plan together. We are on your side. 2. Home Searches & Virtual Showings – According to the National Association of Realtors (NAR), the Internet is one of the three most popular information sources buyers use when searching for homes. We can send you listing information and help you request a virtual showing when you’re ready to start looking. This means you can virtually walk through the homes on your wish list while keeping your family safe. As a seller, you can still have virtual open houses and virtual tours, so as not to miss those buyers looking to find a home right now. 4. Document Signing – The Debra West Team uses Dotloop, an electronic signature system. You can set up an account where we upload all of the required documents and have you sign electronically right from your computer or mobile device. 5. Most title companies in Wichita Falls are allowing drive-thru closings, which is similar to doing a transaction at a bank window. You don’t even have to leave your car!
  • 3. 2020 MARKET UPDATE Average List Price Average Sales Price Average Months of Inventory Average Days on Market Did you know if the market’s Months of Inventory is less than 6 months it’s considered a seller’s market? It’s a great time to sell your home! LOOKING TO LIST? We have a team of marketing, pricing and negotiating specialists ready to speak with you today. We realize that not every home is the same, that is why we will prepare a personalized marketing strategy just for you. Our team leader has earned her ASP (accredited staging professional) designation and will assist you in preparing your home for sale. Entering the market correctly is imparative to a successful sale. Call us today at 940-733-5478 for a FREE complimentary market analysis to determine if the time is right for you. April Brokerage Closing Costs Curb Appeal Easter Iowa Park Kemp Offer Spring Underwriting Warranty REAL ESTATE WORD SEARCH Buying a home is a big step and a competent real estate professional is your life line through the entire process. Our team will take the time to complete a Buyers Consultation prior to your home search to insure a smooth and stress-free transaction. Whether it is assistance with financing terms, school rankings, relocation issues or any other concerns you may have, we will make sure you are knowledgeable and comfortable with the process. Many of our first time buyers, new purchasers to Texas and even experienced buyers will agree that the FREE Buyers Consultation was the most valuable part of their entire experience. READY TO BUY? $153,023 $149,504 2.7 37 Data Gathered for Wichita Falls from Jan 1- Feb 29 Data Gathered: 4/13/2020
  • 4. PROTECTING YOUR LARGEST SINGLE INVESTMENT Title insurance is not as well understood as other types of home insurance, but it is just as important. You see, when purchasing a home, instead of purchasing the actual building or land, you are really purchasing the title to the property - the right to occupy and use the land. That title may be limited by rights and claims asserted by others, which may limit your use and enjoyment of the property and even bring financial loss. Title insurance protects against these types of hazards. Other types of insurance that protect your home focus on possible future events and charge an annual premium. On the other hand, title insurance protects against loss from hazards and defects that already exist in the title and is purchased with a one-time premium. TWO KINDS OF TITLE INSURANCE BENEFIT YOU IN TWO WAYS There are two basic kinds of title insurance: -Lender or mortgagee protection -Owner’s coverage Most lenders require mortgagee title insurance as security for their investment in real estate, just as they may call for fire insurance and other types of coverage as investor protection. When title insurance is provide, lenders are willing to make mortgage money available in distant locales where they know little about the market. Owner’s title insurance lasts as long as you, the policyholder – or your heirs – have an interest in the insured property. This may even be after you have sold the property. Depending on local practices and state law where the property is located, you may pay an additional premium for an owner’s policy or you may pay a simultaneous issue charge – usually a smaller amount – for the separate lender coverage. You may even split settlement costs with the seller for the lender or owner’s policy. WHAT DOES YOUR PREMIUM REALLY PAY FOR? An important part of title insurance is its emphasis on risk elimination before insuring. This gives you, as the policyholder, the best possible chance for avoiding title claim and loss. Title insuring begins with a search of public land records affecting the real estate concerned. An examination is conducted by the title agent or attorney on behalf of its underwriter to determine whether the property is insurable. The examination of evidence from a search is intended to fully report all “material objections” to the title. Frequently, documents that don’t clearly transfer title are found in the “chain,” or history that is assembled from the record in a search. Here are some examples of documents that can present concerns: -Deeds, wills and trusts that contain improper wording or incorrect names -Outstanding mortgages and judgments, or a lien against the property because the seller has not paid his taxes -Easements that allow construction of a road or utility line -Pending legal action against the property that could affect a purchaser -Incorrect notary acknowledgements Through the search and the examination, title problems are disclosed so they can be corrected whenever possible. However, even the most careful preventative work cannot locate all hidden title hazards. Title insurance offers financial protection against covered title hazards. The title insurer will pay for defending against an attack on title as insured, and will either perfect the title or pay valid claims – all for a one-time charge at closing. Your home is your most important investment. Before you go to closing, ask about your title insurance protection, and be sure to protect your home with an owner’s title insurance policy. WHAT IS TITLE INSURANCE?
  • 5. FEATURED LISTINGS 419 N WAGGONER ST ELECTRA, TX 76360 4 Bedrooms | 4.5 Baths | 2500 Sq Ft 2 Car Carport $139,900.00 YAY! EVERYONE GETS THEIR OWN BATHROOM! This 4 bedroom/4.5 bath home is loaded with 1940’s charm. Lots of “ORIGINAL” elements through out, including double lofts accessible by sliding ladders, vintage ceramic tile, incredibly large rooms, plumbing fixtures and so much more. Enjoy a piece of Electra history in this unique and one of a kind home. 1603 HURSH AVE WICHITA FALLS, TX 76302 3 Bedrooms | 2 Baths | 2071 Sq Ft 3 Car Detached Garage & Carport 2 Dining Areas | 2 Living Areas $134,900.00 You asked for more space... Well you got it! This exceptionally maintained one owner home is in impeccable condition. Home ownership pride is evident. This unique home offers so much space and versatility. 2 living areas, 2 dining areas, parking for RV, extra vehicles orstorage space. The storm shelter for safety from TX spring weather is just a bonus. 4600 BELMOUNT DR WICHITA FALLS, TX 76308 3 Bedrooms | 2.5 Baths | 1657 Sq Ft 3 Car Detached Garage $133,200.00 Exceptional home on corner lot with large rooms and plenty of space. This home features formal dining, separate utilities, a large 3 car detached garage, and a 21 x 24 shop. 231 GLASGOW DR WICHITA FALLS, TX 76302 3 Bedrooms | 1.5 Baths | 1080 Sq Ft 1 Car Attached Garage $99,000.00 Large and spacious brick home on .96 acres in quiet, small community. School district is Iowa Park and school bus picks up at door. Plenty of room for garden, pool, etc. Very neat and clean with large rooms, a nice fenced in yard with a storage building. The kitchen has plenty of cabinets and stainless appliances. “When it comes time to make one of life’s most important decisions, integrity, experience and knowledge matters. As one of Wichita Falls most innovative and productive teams, we offer you that and much more. With a combined 60 years of real estate experience, no detail is ever overlooked. Whether you’re looking to buy a home, sell your existing home or invest in the real estate market, we are the team for you! “ THE DEBRA WEST TEAM RE/MAX ELITE GROUP Cell: (940) 733-5478 Office: (940) 264-2500 debrawesthomes@gmail.com www.debrawest.com 2903 Lydia Drive Wichita Falls, TX 76308 248500 EAST 1984 LANE DEVOL, OK 73531 3 Bedrooms | 2 Baths | 2280 Sq Ft 2 Car Attached Garage | 2 Dining Areas 1 Acre Lot $219,900.00 This Ain’t No Cookie Cutter! Rural living at its best. Just over the red river this unique home sits on a high elevation over looking the skyline of Burkburnett and Wichita Falls. Just a few minutes drive from the North Texas town of Burkburnett can give you all the seclusion, peace and quiet you want. The “TEXOMA” view is as unique as this Southern Oklahoma home. 305 S CEDAR STREET HOLLIDAY, TX 76366 3 Bedrooms | 2 Baths | 1260 Sq Ft 1 Car Attached Garage | Holliday ISD $158,500.00 Didn’t think owning a brand new home in the high rated Holliday school district was in your budget? THINK AGAIN! This new constructed home is an absolute doll house. Builder pride and custom quality. Modern design, open floor plan with large over sized island, granite counter tops, ceramic tile, double vanities, walk in shower, large closets, covered patio, separate laundry area. Qualifies for USDA ZERO PROGRAM.