75032 : Questions & Answers

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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
Amy S Arey R…, Real Estate Pro in Allen, TX
Amy S Arey Realtor CNE answered:
We are wanting to buy are are first time buyers we gross about 5,000 a month but have no down payment is this doable?
USDA will allow you to purchase in "rural" areas (make sure you check out the USDA map on their website to make sure the area is within the USDA coverage area). Many cities also have p ... more
0 votes Share Flag Wed Oct 1, 2014 Financing 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
Wayne Stewart, Real Estate Pro in McKinney, TX
Wayne Stewart 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 ,
Joseph Murphy answered:
how much is a property worth on Dowell rd 12 acres?
The short answer would be have an appraisal done to determine value. There are a variables that could impact your property and the value. If you would like more info go to my site.
ht ... more
0 votes Share Flag Thu Mar 21, 2013 General Area in 75032
Joseph Murphy, Real Estate Pro in ,
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
Joseph Murphy, Real Estate Pro in ,
Joseph Murphy answered:
How many homes have sold between $400,000 and $500,000 in 75032 in the last six months?
There have been 21 Properties Sold in Area 34 zip code 75032 from 09/21/2012 to 03/21/2013.
0 votes Share Flag Thu Mar 21, 2013 Market Conditions in 75032
Kristi Sigmon, Real Estate Pro in ,
Kristi Sigmon answered:
I am interested in this property. Would you please provide me contact information so I would ask questions? Thanks, Sam
I live and work in the Rockwall area. I stay up to date on the market area and am familiar with the homes available. I would be happy to discuss this with you and show you the homes ava ... more
0 votes Share Flag Tue Dec 18, 2012 In My Neighborhood in 75032
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
Lynn  Crosby, Real Estate Pro in Dallas, TX
Lynn Crosby 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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