MVP'08
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About Me
I fundamentally believe that being able to own a piece of property is so much a part of what makes this country great. I am also a firm believer in "The Golden Rule". Whether you are buying, selling, or investing my goal is to provide a high value-five star service experience in order to make the entire process as easy as possible. I'll be guiding you each step of the way. The combination of world class technical sales and customer service management experience in such organizations as American Airlines, SABRE Decision Technologies, and Four Seasons Hotels & Resorts, a solid educational foundation, and several moves within Asia, Europe, and the U.S.A. allow me the ability to analyize and negotiate your transaction from several perspectives. Whether you are an investor, a first time buyer, a move up buyer or a seller who is looking for cutting edge, state of the art technology and advertising, you can count on me to deliver the results you deserve. When you make one of life's most important financial decisions to buy or sell a home, I'm committed to going the extra mile to ensure that all of your needs are successfully met in a timely, professional, and honest manner.
Testimonials
"Bruce is pleasant, punctual, professional, precise, personable, and personalized the real estate process. We were very impressed."
E.W. Thu Aug 17, 2006
E.W. Thu Aug 17, 2006
"The overall househunting experience was made warm & human by Bruce and we felt like we were dealing with a friend, than with an agent. Thank you."
P. Piipari Fri Jan 28, 2005
P. Piipari Fri Jan 28, 2005
"Excellent!!"
S. Laney Tue Jul 31, 2007
S. Laney Tue Jul 31, 2007
"Timing was very important to me, and I couldn't have asked for better!"
M. Niehaus Wed Feb 8, 2006
M. Niehaus Wed Feb 8, 2006
My Q&A
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Bruce Lynn's Questions (25)
Bruce Lynn's Answers (2182)
Bruce Lynn answered:
1. Call your lender.
2. Ask about loan modification.
3. Get a roommate or family member to move in and help with the payments/rent.
4. You may want to get a weekend job or evening job if you need more money.
4. If you don't pay anything else...pay the mortgage.
5. You may want to consider selling the house ASAP.
6. You may want to refinance.
7. Do you have other assets you could sell or do anything to lower expenses.
8. Maybe you could sell a boat, jetski, timeshare, downsize cars, cancel cable, turn off AC, drink less Starbucks....anything you can think of to save cash. Cut back on gas, car, clothing, eating out, etc.
You may want to sit down with a banker or trusted financial advisor or even a family member and discuss options. Let them objectively look at your finances and make suggestions....on how to cut expenses or increase income.
Good luck.
2. Ask about loan modification.
3. Get a roommate or family member to move in and help with the payments/rent.
4. You may want to get a weekend job or evening job if you need more money.
4. If you don't pay anything else...pay the mortgage.
5. You may want to consider selling the house ASAP.
6. You may want to refinance.
7. Do you have other assets you could sell or do anything to lower expenses.
8. Maybe you could sell a boat, jetski, timeshare, downsize cars, cancel cable, turn off AC, drink less Starbucks....anything you can think of to save cash. Cut back on gas, car, clothing, eating out, etc.
You may want to sit down with a banker or trusted financial advisor or even a family member and discuss options. Let them objectively look at your finances and make suggestions....on how to cut expenses or increase income.
Good luck.
Bruce Lynn answered:
You need the advice of a real estate attorney.
My guess is the appeal doesn't stop the foreclosure process.
Your client probably risks getting their furniture put on the curb.
In my experience very little can be done to stop foreclosures. I've seen clients try many different venues and avenues and I haven't seen anything work successfully other than agressively trying to sell the home. That's not intended to keep them in the home longer, but give the lender a chance to get more buy selling it as an occupied property and save money by not going through the foreclosure process. Good luck.
My guess is the appeal doesn't stop the foreclosure process.
Your client probably risks getting their furniture put on the curb.
In my experience very little can be done to stop foreclosures. I've seen clients try many different venues and avenues and I haven't seen anything work successfully other than agressively trying to sell the home. That's not intended to keep them in the home longer, but give the lender a chance to get more buy selling it as an occupied property and save money by not going through the foreclosure process. Good luck.
Bruce Lynn answered:
Amanda,
Average taxes are 2.5%/year in this area. AVERAGE. So if you qualify at $110,000 they have calculated taxes in your payment. However if you buy a property with a tax value of $23,000 more, that could mean the first year your taxes would be about $560 more than they calculatied on your GFE or about $50/month. This may put you over the ratios of what it would take to make the monthly payment.
This can depend on what time of year you buy the house, when you can protest tax value, etc.
It perhaps is slightly more or less complicated than this explanation, but that is the basic answer.
Average taxes are 2.5%/year in this area. AVERAGE. So if you qualify at $110,000 they have calculated taxes in your payment. However if you buy a property with a tax value of $23,000 more, that could mean the first year your taxes would be about $560 more than they calculatied on your GFE or about $50/month. This may put you over the ratios of what it would take to make the monthly payment.
This can depend on what time of year you buy the house, when you can protest tax value, etc.
It perhaps is slightly more or less complicated than this explanation, but that is the basic answer.
Bruce Lynn answered:
Sounds like you don't live there any more.
If you don't, then why does it matter if you have keys?
This is a matter to be discussed with your divorce attorney.
If you are mean, you could call your own locksmith and get them to reset the locks and give you keys.
I am guessing there is no lease involved or tenancy arrangement.
Just tell him that you went to the house, found the locks broken or not in working order as your key didn't work so called a locksmith to FIX the locks.
Good luck and relax....
If you don't, then why does it matter if you have keys?
This is a matter to be discussed with your divorce attorney.
If you are mean, you could call your own locksmith and get them to reset the locks and give you keys.
I am guessing there is no lease involved or tenancy arrangement.
Just tell him that you went to the house, found the locks broken or not in working order as your key didn't work so called a locksmith to FIX the locks.
Good luck and relax....
Bruce Lynn answered:
Potentially. Try with another bank or a mortgage broker.
I've seen loans shopped around to someone who will take it.
Is this the only reason they gave you for the decline?
How are your credit scores?
We've got a couple of great lenders than can potentially help.
Drop me a line
I've seen loans shopped around to someone who will take it.
Is this the only reason they gave you for the decline?
How are your credit scores?
We've got a couple of great lenders than can potentially help.
Drop me a line
My Blog Posts
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New comment posted Thu Oct 9 2008, 18:02 by Emily of Trulia - 1 Comment
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Highest Priced Homes for Sale in the DFW area.
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Specialties
Foreclosures
New Home Buyers
REO
High Profile Buyers/Sellers
DFW Airport Area
Townhomes
Condos
New Home Buyers
REO
High Profile Buyers/Sellers
DFW Airport Area
Townhomes
Condos
Experience
Latest:
Your Realtor for Prudential Texas Properties
DFW area expert. Call me for guaranteed savings as part of our VIP Buyer program.
March 2002—present
Certifications & Awards
Leadership MetroTex 2007
Prudential Real Estate Associates Honor Society
Prudential Texas/California/Nevada Properties Silver Club
Prudential Real Estate Associates Honor Society
Prudential Texas/California/Nevada Properties Silver Club
Interests
Rotary Youth Exchange
Rotary Foundation
Police, Fire, and Law Enforcement
Travel
Reading
Running
Rotary Foundation
Police, Fire, and Law Enforcement
Travel
Reading
Running
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MVPs or 'Most Valuable Players' are key Trulia Voices members who have been contributing high-quality content throughout 2008 and providing valuable advice to consumers and real estate professionals.
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