Houston Real Estate

Just a few weeks ago those of us on the Texas Coast were boarding up homes to prepare for a potential tropical storm/hurricane that was to strike Galveston-Houston area.  We survived with just a lot of much-needed rain.  Now, Gustavo is lurking out in the waters preparing  for a landfall somewhere in the United States.  While we are waiting, we should be preparing:Since my readers are clients and friends throughout the Houston-Galveston area, we must prepare for these things and stay alert to the news as they approach.  First things first: 1.  Insurance — make sure your home has plenty of insurance coverage.  It is imperative to insure your home for adequate amount of coverage for reconstruction as you need, NOT the value of your home.  We are in an inflation time in our economy so make sure you revisit your policy.  If you live in the Houston-Galveston area, you should make sure you have at least three types of insurance coverage.   a. Home Owners Policy — this policy is to insure for fire, theft, vandalism and other catastrophe that could occur.  You will need to consult your own policy to identify your coverage. b.  Windstorm — some companies have this coverage under their homeowners and some do not.  PLEASE MAKE SURE OF THIS.  This is separate policy that is insured by the Texas Windstorm Insurance Association (TWIA).  This policy covers structure problems that is results from weather related damage.  Wind, Hail, Tornado’s that typically will destroy your roof or home due to a natural disaster. c.  Flood — this is very important to have in our area of Texas.  Many people don’t have it because it is optional if you don’t live in a flood plain.  It’s CHEAP — Get it!!!  This will cover you in case of a natural disaster causing water in your home.  If water comes in your home, it is quite expensive to clean or make repairs due to water.Last thing in case we have to evacuate again.  Put your important documents in a waterproof container that is easily transferable.  Insurance policies for your home, health and life.  Also that important document of a Will and Power of Attorney.  Don’t forget your bank account information and any other important documents that pertains to your home or real estate owned.  If your area is requested to evacuate…EVACUATE!!!  Please use this post as a guide only; please call your insurance agent for details for your individual policies.   

Gourmet Kitchen

Originally uploaded by ericwgage

An Open House is scheduled for Saturday, August 16 from 1:00 p.m.-3 p.m. for this beautiful Brownstone located at 1378 Lake Pointe in Sugar Land, TX.

The home features 3,441 sq. ft. of never-lived in town home with 3-4 bedrooms and 3.5 baths. Upgraded gourmet kitchen, breakfast area with bar that looks into the formal dining. Also on this level is a balcony overlooking the community.

This home has the 4th level attic space built-out for a media room or 4th bedroom. Also on this level is the rooftop terrace. Please join us on site for your personal tour. CHI Financial will also be onsite assisting with home mortgages. This home is offered at a reduced rate of $625,000 and for lease at $4,300.

Today has been filled with making deals and preparing for Tropical Storm Edouard who is planning to pay a visit here in the Houston area.I spent part of my day receiving offers on one of my residential properties, however, can’t complete the deal since the title company has closed until Wednesday.  Let’s hope the storm doesn’t keep us out of business for too long.The other part of the day has been picking up the yard of chairs, umbrella’s and swimming pool items and boarding up windows at my parents.  They live in Galveston County, only minutes from Galveston Bay and the Gulf of Mexico.  It is always interesting the day before storms.  It is always extremely hot, calm and clear-sunny skies. The water was unbelievable today.  I took a drive to look at the water and it was calm and blue.  The Gulf was a bit rough with the tides rising.  So with that, let’s hope for the best and damage is kept to a minimum because we are in the direct path!