Home Buying in 75206 : Questions & Answers

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John Broussa…, Real Estate Pro in Houston, TX
John Broussard answered:
How much mortgage down payment is required to buy a investment property in Dallas, TX?
We are offering a Stated Investment Property Product that requires a 650 fico with 30% down, if this is of any interest contact me to discuss the program


John Broussard
Account Ex ... more
0 votes Share Flag Thu Jul 31, 2014 Home Buying 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
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'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
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
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