Home Buying in 75070 : Questions & Answers

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Bruce Lynn, Real Estate Pro in Coppell, TX
Bruce Lynn answered:
Melissa and Anna are really hot areas for investors right now.
Now these people are eating their words.....lots of activity in these areas now.
0 votes Share Flag Tue Aug 26, 2014 Home Buying in 75070
Amy S. Arey, Real Estate Pro in McKinney, TX
Amy S. Arey answered:
Wylie - Princeton - Rockwall - Little Elm - McKinney - Murphy
This would depend upon what you are looking to do with the property (ie: hold and rent or renovate and sell). Wylie and Princeton are good rental markets, while anything with an exemp ... more
0 votes Share Flag Mon Aug 4, 2014 Home Buying in 75070
Kelly Rivas, Home Buyer in Aliso Viejo, CA
Kelly Rivas answered:
I had to file chapter 7 1 year ago. To get a loan I have to wait 1 more year. Our lease is up 3/1. Are there 1yr lease w/ purch agreements after 1yr?
the rules have changed. After one year you are free to purchase a home if your credit will allow. most lenders will need to see established credit. this can be done utilizing other fo ... more
0 votes Share Flag Fri Feb 7, 2014 Home Buying in 75070
Rajan Mathai, Real Estate Pro in 75002
Rajan Mathai answered:
My credit score is 612 and my wife's is 654. Can we find a lender that will approve us to build a new home with a reputable Texas builder?
I know a reputed builder who will customize and build a home for you and they have their in-house lending and the they will put you in a program called buyers club, and will repair an ... more
0 votes Share Flag Sun Aug 11, 2013 Home Buying in 75070
Melissa Hail…, Real Estate Pro in Plano, TX
Melissa Hailey, 214-418-0180 answered:
Most houses below $200K got multiple offers.
Holly,
It has been a sellers market in the DFW area for the past 12-months or so. The inventory is low (not many homes to choose from) and the interest rates are low (many buyers want ... more
0 votes Share Flag Mon Jan 14, 2013 Home Buying in 75070
Luba Grassi, Real Estate Pro in Frisco, TX
Luba Grassi answered:
Can a foreign national buy a foreclosed home in Dallas area & what's the average cost to redo them? Any areas to recommend for?
Hi Katrina,
I have a house in frisco for investment.
4300 sq. ft,5 beds,built 2007, just for $215000.
That is mean $49.00 per sq.ft .
Great investment to lease or sell.
If you don& ... more
0 votes Share Flag Sat Nov 19, 2011 Home Buying in 75070
Melissa Hail…, Real Estate Pro in Plano, TX
Melissa Hailey, 214-418-0180 answered:
Single Family vs Fourplex Investment
Shital,
Since you already have a single family home that you are renting (without a property manager), I would suggest that if that scenario is working for you that you stick with the ... more
1 vote Share Flag Fri Jan 7, 2011 Home Buying in 75070
Ron Rovtar, Real Estate Pro in Boulder, CO
Ron Rovtar answered:
I am buying a 1992 house that has popcorn ceilings . I am concerned about asbestos if I change the ceilings or not able to sell it if I leave it them.
The EPA website says, "Asbestos may be present in textured paint and in patching compounds used on wall and ceiling joints. Their use was banned in 1977." Thus you should be ... more
0 votes Share Flag Wed Nov 17, 2010 Home Buying in 75070
Lisa Simpson, Home Buyer in Celeste, TX
Lisa Simpson answered:
Any thoughts/recommendations for buying a home in the Stonbridge Ranch/Parkview Estates Subdivision. I'm worried about resale.
So get yourself out of the subdivisions. There are some great more rural communities just a stones throw from McKinney. Better schools, lower taxes, and a lower crime rate. Check out ... more
0 votes Share Flag Mon Jun 14, 2010 Home Buying in 75070
Lisa Simpson, Home Buyer in Celeste, TX
Lisa Simpson answered:
How can I terminate a buyer representation agreement with my broker. we placed an offer on a house the broker
Go to a lawyer who can explain the terms of the contract. There should be something in there allowing you to terminate the contract.
0 votes Share Flag Mon Jun 14, 2010 Home Buying in 75070
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