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Charlene Dat…, Real Estate Pro in Plano, TX
Charlene Dattoli answered:
Bought a small 2 bed 1 bath with a large study and attached 1 car garage. Will converting garage have a negative impact on resale?
Yes, it will hurt your value to resale the property! Most people in this area want at least a 1 car garage!
0 votes Share Flag Thu Apr 17, 2014 Investment Properties in 75206
Vince Leibow…, Real Estate Pro in Dallas, TX
Vince Leibowitz answered:
Remodel before selling? Purchased M Streets home in July 2013, and need to move late winter 2014/spring 2015.
Is your husband's company offering relocation benefits? In some cases, companies will offer relocation incentives to assist sellers in the sale of their home, particularly when the ... more
0 votes Share Flag Sat Mar 1, 2014 Home Selling in 75206
Susie Kay, Real Estate Pro in Frisco, TX
Susie Kay answered:
I have submitted an offer on a short sale Seller's realtor demands my bank statements on top of my lender's approval letter. Why? Legal?
Did you talk this over with your agent? What did she/he say? Did you talk to your lender?

Your lender's pre-approval letter should suffice; however, the bank can ask for more proof. ... more
0 votes Share Flag Wed Jan 29, 2014 Home Buying in 75206
Susie Kay, Real Estate Pro in Frisco, TX
Susie Kay answered:
How good is the school district in 75206?
I would suggest that you narrow down on a specific school instead of a school district. Then take your time to meet and talk to the school's principal. You may also check http://www.gre ... more
0 votes Share Flag Tue Jan 28, 2014 Home Buying in 75206
ajwatson2004, Home Buyer in 80538
ajwatson2004 answered:
Why is my lender needing direct access to my bank account?
In relation to this question, why would the seller's realtor or bank request copies of my bank statements? My lender has all required information and has approved my loan. Am I legall ... more
0 votes Share Flag Sun Jan 19, 2014 Home Buying in 75206
Randall Yates, Real Estate Pro in Los Angeles, CA
Randall Yates answered:
I am looking to buy a house from a friend, I have bad credit but money for a large down payment. Is this possible?
My Lenders offer FHA loans that require a 580 score, Conventional require a 620.. I can refer you to an agent to help you find a home and a Lender or two that can get you pre approved.
... more
0 votes Share Flag Sat Sep 28, 2013 Home Buying in 75206
Pmctx, Home Buyer in Dallas, TX
Pmctx answered:
Anyone out there knows of some one interested in buying a condo in the University Blvd area?
Can you give me any info about the property?
0 votes Share Flag Tue Aug 6, 2013 Home Selling in 75206
Mack McCoy, Real Estate Pro in Seattle, WA
Mack McCoy answered:
Could this be a service that the high end real estate professional could use?
Judging by the lack of response over the past year, I suspect that Albert has gone on to other ideas.
0 votes Share Flag Sun Jul 28, 2013 Agent2Agent in 75206
Matt Johnson, Real Estate Pro in Dallas, TX
Matt Johnson answered:
How to retrieve a copy of a title insurance policy from a defunct title company?
Thanks all for your feedback.

Simon, I thought the same thing regarding American Title in Houston, but after speaking with them earlier in the week they confirmed they are unaffiliat ... more
0 votes Share Flag Sat Jul 27, 2013 Home Insurance in 75206
Rick Michels, Real Estate Pro in 75206
Rick Michels answered:
What is the $/sq ft in Greenville Crest 1 neigborhood (M streets between 75 and greenville)?
Recent solds in that area range between $122 and $251 per square foot with an average of $194. That includes houses of all condition, size, etc. As mentioned, the appraiser would have f ... more
0 votes Share Flag Fri Mar 22, 2013 Market Conditions in 75206
Hstarr, Renter in
Hstarr answered:
What is HomeSteps all about?
You can find out information on www.homesteps.com
0 votes Share Flag Fri Jan 18, 2013 Home Buying in 75206
Kurt Carlton, Real Estate Pro in Dallas, TX
Kurt Carlton answered:
Our daughter will start SMU Law in August. We live about 45 miles away, so she needs an apartment/condo close (75205 or 75206).
Investment properties www.NewWestern.com
The only choice in DFW for cash buyers. Might as well get something with some equity.
0 votes Share Flag Wed Jul 11, 2012 Home Buying in 75206
Sandy Setliff, Real Estate Pro in Dallas, TX
Sandy Setliff answered:
Anyone have a Real Estate Agent Recommendation in M-Street / Lakewood Area?
Hey Steve...welcome to Dallas!

The M Streets, also known as Greenland Hills, is a classic area of Dallas known for many things, not the least of them being the predominantly Tudor st ... more
0 votes Share Flag Mon May 14, 2012 Home Buying in 75206
T.E. Sumner, Real Estate Pro in Rockwall, TX
T.E. Sumner answered:
how are property values in 75206? I am thinking of buying but will only be there for 4 years.
Historically, a 4 year period is not long enough to make a huge return unless the market goes crazy, because of the transaction costs. Whenever you buy or sell a property, the sales pr ... more
0 votes Share Flag Sat Jan 8, 2011 Home Buying in 75206
Lynn911.com…, Real Estate Pro in Dallas, TX
Lynn911.com Dallas Realtor answered:
I've got an FHA Jumbo that I'd like to refinance and get some cach out. Is a refinance to a conventional an option? Or is it better to stay
When you refinance a home you have expenses
a) Appraisal
b) Closing costs

What are your short and long term goals, based on amount of loan could be $5K - or + rolled into " ... more
0 votes Share Flag Tue Oct 20, 2009 Home Selling in 75206
Swat253, Both Buyer and Seller in Dallas, TX
Swat253 answered:
If I refinance FHA to conventional, and buy a second home via FHA, do BOTH properties need appraisals?
Thanks to all for the replies! The question box left little room to expound on my situation. What I am doing is converting my existing mortgage and primary residence to a conventional ... more
0 votes Share Flag Sat Jul 18, 2009 Home Selling in 75206
Lynn911.com…, Real Estate Pro in Dallas, TX
Lynn911.com Dallas Realtor answered:
I'm interested in a home that is offered through the homesteps program. How does this program work, do i?
All other agents are correct, lender for loans, need confirm you have ability purchase that home.

620 credit score + , 3.5% down payment, debt ratio, employment history, 2 years fin ... more
0 votes Share Flag Thu Jun 11, 2009 Home Buying in 75206
Ken Lampton, Real Estate Pro in 75206
Ken Lampton answered:
what documentation do you provide for recent homes sold ....?
Okay, this is an old question, but I still want to throw out a comment, because someone else will be asking this question again in a couple of months.

I definitely endorse the idea o ... more
0 votes Share Flag Sun Jan 18, 2009 Market Conditions in 75206
Bruce Lynn, Real Estate Pro in Coppell, TX
Bruce Lynn answered:
Mortgage Fraud and Short Sales...
Jonathan,

TE has a great answer with lots of details.

With the banks or lenders I have typically worked with in the past, your offer is too agressive. It might be fair market val ... more
0 votes Share Flag Tue Jan 6, 2009 Home Buying in 75206
Bruce Lynn, Real Estate Pro in Coppell, TX
Bruce Lynn answered:
Who pays the fees when selling/buying a home?
Toby, Good question. I can send you an email that outlines the typical costs to a buyer and seller. Your realtor should go over this with you when they do their presentation or if ... more
0 votes Share Flag Tue Sep 9, 2008 Financing in 75206
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