Home Buying in Allen : Questions & Answers

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RJ Avery, Real Estate Pro in Forney, TX
RJ Avery answered:
I have just been conditionally approved for a loan from Bank of America with a 5% down payment. I'm uncertain if I will have enough money to
I would suggest trying an outside broker and see if you cannot get approved FHA for a 3.5% down. If you can there is also plans that can monetize the $8000 tax credit to be used toward ... more
0 votes Share Flag Mon Sep 14, 2009 Home Buying in 75002
RJ Avery, Real Estate Pro in Forney, TX
RJ Avery answered:
I'm a 1st time home buyer and will put 5% as down payment. I have already been approved for a loan from Bank of America (BOA). They did not
The only way you can avoid is putting 20% down. Im sure this you probably know. If you are considering getting second loan from BOA to cover this other 15% it would probably have to ... more
0 votes Share Flag Fri Sep 11, 2009 Home Buying in 75002
Tom Burris, Real Estate Pro in Dallas, TX
Tom Burris answered:
Title Insurance and Repaying Mortgage
You were issued a policy when you purchased your home. It protects you should there be a lien against the property before you bought it.
After you pay off the mortgage.... that policy ... more
0 votes Share Flag Thu Aug 27, 2009 Home Buying in Allen
Jerry Holcomb, Real Estate Pro in Dallas County, TX
Jerry Holcomb answered:
I am a first time home buyer and interested in buying a foreclosed/HUD house. Could someone please tell me?
Hi Kathy:
Great question, Foreclosed/HUD homes are different than buying from the real person that owned the home.
1, The Bank/HUD that owns the home has hundreds in not thousands of ... more
0 votes Share Flag Tue Aug 25, 2009 Home Buying in 75002
Dorene Slavi…, Real Estate Pro in Culver City, CA
Dorene Slavitz answered:
I am a first time home buyer. Is it customary to sign a Buyer Rep Agreement and write a check for $200 to?
It is customary to sign a contract when working with in buyer agency. You are not "stuck" with this agent, as you can or cancel the contract by mutual agreement. It would be wise to al ... more
0 votes Share Flag Sat Sep 12, 2009 Home Buying in 75002
Monika Kaiser, Real Estate Pro in Arlington, VA
Monika Kaiser answered:
I am a first time home buyer and would like infor on the $8000 tax credit we will receive if a home is
Hello Kim,
if you follow this link you will find all the information you need: http://www.weichert.com/firsttimebuyer/.
But hurry up you have to have settled by Nov 30, 2009.
0 votes Share Flag Thu Aug 6, 2009 Home Buying in 75002
Naima Sumner, Real Estate Pro in Dallas, TX
Naima Sumner answered:
Shaddock park in Allen, TX. Whay has it not taken off?
One of the big builders there declared bankruptcy and their homes have ended up in foreclosure. That hurt the community big time. Some of their homes are still for sale at veyr good ... more
0 votes Share Flag Thu Nov 20, 2014 Home Buying in 75013
Grace Morioka, Real Estate Pro in Sunnyvale, CA
Grace Morioka answered:
Hello, Our realtor called us and told us we will be assigned a negotiator in a few days. We put a offer on a
Hello Josh and thanks for your email.

First, this is certainly a "step forward" in moving toward a successful short sale. Once the documents are submitted, a negotiator of mitigator ... more
0 votes Share Flag Sun Jul 26, 2009 Home Buying in Allen
Lynn911.com…, Real Estate Pro in Dallas, TX
Lynn911.com Dallas Realtor answered:
I am a first home buyer. Can someone tell me how much that 1319 cassandra lane allen 75002 really worth?
Home is listed in MLS for $175K unless an agent on property difficult state true value . It appears right at approx. market value without any further research.

Direct Link other ho ... more
0 votes Share Flag Thu Aug 27, 2009 Home Buying in 75002
Lynn911.com…, Real Estate Pro in Dallas, TX
Lynn911.com Dallas Realtor answered:
we are interesting in retiring in the Richardson area. we hv 60,000 to 80,000 for a down pmt. but, wonder
It all depends on the property, construction, Texas is very dry in summer time water of lawns based on water restrictions. Not all homes have foundations issues.

There are some are ... more
0 votes Share Flag Mon Aug 10, 2009 Home Buying in Allen
RJ Avery, Real Estate Pro in Forney, TX
RJ Avery answered:
what is the avrage price per SqFt in the area of: 1552 Brandywine Dr, Allen TX 75002 and is it a good place?
You average sold price @ 2000 sqft to 2500 sqft excluding the one foreclosure is 79.04. Sqft price is not ALWAYS a good way to determine if it is a great value. Definitely must take i ... more
0 votes Share Flag Tue Jul 21, 2009 Home Buying in 75002
T.E. Sumner, Real Estate Pro in 75040
T.E. Sumner answered:
Buying a Grand Home at Parkside village, Allen TX
There are different schools and you should compare lot sizes.
The prices for a Grand new build in Parkside is about $350k.
The Grand new builds west of 75 is priced at nearly $400 ... more
0 votes Share Flag Fri Jun 5, 2009 Home Buying in Allen
Lynn911.com…, Real Estate Pro in Dallas, TX
Lynn911.com Dallas Realtor answered:
How do I know what to estimate for property taxes when I'm doing my mortgage calculations for Allen or?
Your mortgage broker should be able provide that information to you.

Refer to county website

National Featured Realtor and Consultant, Mortgage Loan Officer, Lecturer regarding ... more
0 votes Share Flag Sat May 16, 2009 Home Buying in Allen
Sandra Smith, Real Estate Pro in Mesquite, TX
Sandra Smith answered:
Investor wants to flip a foreclosed home. The home sold for $239k and is listed now for $669k. The house
I would first need to know the address of the property and then I will be able to find what comparable homes are selling for. This would give you an idea of the market value. As for t ... more
0 votes Share Flag Mon Mar 16, 2009 Home Buying in Allen
Terri Hayley, Real Estate Pro in Dallas, TX
Terri Hayley answered:
How can I find a buying agent who can negotiate a good price on a bank owned/foreclosed property? I'm in the
A good agent who knows the area should be able to help you with what you are trying to do. The biggest challenges with foreclosures is speed, patience and attention to detail. Most of ... more
0 votes Share Flag Fri Apr 3, 2009 Home Buying in Allen
Terri Hayley, Real Estate Pro in Dallas, TX
Terri Hayley answered:
Inspection Report
Da,

Only the items the buyer wants repaired need be shared with the seller. If it's the seller's inspection report, Texas is a full disclosure state and must share with the buyer.
... more
0 votes Share Flag Thu Jan 22, 2009 Home Buying in Allen
Scott Godzyk, Real Estate Pro in 03109
Scott Godzyk answered:
Title Insurance
The title insurance will assit in clearing the title for you. If someone makes a claim to the property, they pay for the attornies to fight on your behalf, they dont just fork over $300 ... more
0 votes Share Flag Fri Jan 16, 2009 Home Buying in Allen
Dana Schuster, Real Estate Pro in 70458
Dana Schuster answered:
Seller's Disclosure
No,the seller is not required to disclose that information.
0 votes Share Flag Thu Mar 4, 2010 Home Buying in Allen
Jeff Kessler…, Real Estate Pro in Austin, TX
Jeff Kessler Broker,GRI, CLHMS answered:
Standard Pacific
I sold two Standard Pacific homes here in Austin and both my clients like them.

If the home is a too be built the builder will usually not negotiate. If the home is on the ground th ... more
0 votes Share Flag Mon Feb 24, 2014 Home Buying in 75013
Marcia Levine, Real Estate Pro in Dallas, TX
Marcia Levine answered:
We are looking at Allen, Tx for retirement. Grandkids in Richardson:) Looking for a home in the 160,000 to
Hi Ginger,

Welcome to Texas! In order to help you in the best way, it's important to know all the things that are important to you in a home. How many bedrooms, baths? Is square f ... more
0 votes Share Flag Thu Jun 18, 2009 Home Buying in Allen
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