Home Buying in Heath : Real Estate Advice

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Susie Kay, Real Estate Pro in Dallas, TX
Susie Kay answered:
I put a cash sale contract on a home 10/25/15. The seller wants proof of funds by way of a Letter of Proof from my financial advisor.
Yes, they can ask for a proof of funds letter from your financial advisor. For whatever reason they are probably afraid that you showed them your stock statements instead of cash. You c ... more
0 votes Share Flag Sun Dec 27, 2015 Home Buying in 75032
Curious Pers…, Home Buyer in Metairie, LA
Curious Person answered:
We are debating whether to put in a backup offer on a property. Does it just encourage the primary buyers to close?
Sellers agent is skating on thin ice. She represents the seller and their best interest. It is the seller who decides what is a fair price and not their agent. It is really none of th ... more
0 votes Share Flag Fri Jul 24, 2015 Home Buying in 75032
Steve Russell, Real Estate Pro in Rockwall, TX
Steve Russell answered:
Does the price of a home that has been foreclosed go up or down on the price after it is back on the market.?
I agree with most of my colleagues on this topic. The bank will try to get as close to fair market value as they can after a foreclosure but it also depends on how many homes they are ... more
0 votes Share Flag Fri Sep 19, 2014 Home Buying in 75032
Mid Century…, Real Estate Pro in DALLAS, TX
Mid Century Mod answered:
On Forclosures in Rockwall Texas will the bank be expecting asking price or more if the home is truly worth much more?
Banks have gotten smarter these day they get close to true value now and sometimes get the property bidded up. Foreclosures and short sales are not always what they seem anymore. That w ... more
0 votes Share Flag Thu Sep 26, 2013 Home Buying in 75032
Joseph Murphy, Real Estate Pro in Allen, TX
Joseph Murphy answered:
Approx. property tax for over sixty five couple retired in rockwall on 120.000 home. Looking to move there
You can find all the info that you are looking for at the tax assessors online site, I would say that you would be assessed in the neighborhood of 1900.00 to 2300.00 . Here's the Link: ... more
0 votes Share Flag Thu Mar 21, 2013 Home Buying in 75032
T.E. & Naima…, Real Estate Pro in Dallas, TX
T.E. & Naima Sumner answered:
we are currently looking to move into the Heath area and need advice on neighborhoods. We have recently sold our mini-ranch of 10 acres &
There is a psychological factor referred to as cognitive dissonance that you should understand before asking questions of people about how they like things they have already chosen.
... more
0 votes Share Flag Thu Apr 28, 2011 Home Buying in Heath
T.E. & Naima…, Real Estate Pro in Dallas, TX
T.E. & Naima Sumner answered:
Looking to buy a home with a FHA loan. What will the lender require when getting foundation repair?
FHA has 203(k) streamline and 203(k) regular loans which create an escrow account for you to perform repairs after closing. Unfortunately, the streamline version is not intended for re ... more
1 vote Share Flag Sat Jul 18, 2009 Home Buying in 75032
Dallas Texas, Real Estate Pro in Dallas, TN
Dallas Texas answered:
How does a lease to purchase work?
Many issues need to be concerned about
a) How much of a home can you qualify for?
b) Depends on how the lease is authored?
c) If you are searching for a home in Rockwall area we ... more
0 votes Share Flag Fri Mar 20, 2009 Home Buying in 75032
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