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75205 : Real Estate Advice

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  • Local Info1
  • Home Buying6
  • Home Selling0
  • Market Conditions0

Activity 11
Thu Jun 22, 2017
Mary answered:
Hi,

The photos have been removed from our display as you requested.

https://www.trulia.com/homes/Texas/Dallas/sold/21520564-3214-Saint-Johns-Dr-Dallas-TX-75205

Thank you for using Trulia!

Mary
Consumer Care Advocate
http://www.trulia.com/help/ask/
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0 votes 1 answer Share Flag
Tue Mar 8, 2016
Tlbrown1031 asked:
His property: http://www.trulia.com/rental/3223887581-3203-Carlisle-154-Dallas-TX-75204
0 votes 0 Answers Share Flag
Fri Oct 3, 2014
Susie Kay answered:
Hi Colette,

2 years are typically too short for an investment, and many times a condo will appreciate slower than a single family home. However, it also depends on the overall real estate market and the condo itself. Where are you planning to purchase this condo?

Good luck to you,

Susie Kay
Realtor & Certified Stager
United Real Estate
469-371-2899
www.dfwdreamhomes.net
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0 votes 10 answers Share Flag
Thu Oct 2, 2014
Keith W Hefner answered:
University park can be a bit tricky to do a tear down in, you have to be sure of the age of the home, and I would recommend being sure of the permit during a lengthy option period before ever purchasing the home. There are many experienced builders in the area that do a great job. I would be happy to help you or anyone navigate these waters.
Keith W Hefner
Keith@KeithHefner.net
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0 votes 12 answers Share Flag
Sat Aug 18, 2012
Rosalyn Traylor answered:
Angela,

I agree with the information given by Certified Structure Inspector, Home Inspector, Reno, NV .

Be sure you have a home inspector that covers all the items mentioned by Certified Stucture Inspector.
You probably will have to get more thorough, detailed, inspections done by licensed electricians, hvac people and plumbers, and in Dallas, probably a structural engineer.
Make sure the roof, beams, and its stucture is also checked thoroughly.

Love older homes. Which neighborhood are you studying?
Rosalyn Traylor
RE/MAX Premier Group
214-351-0766
... more
1 vote 6 answers Share Flag
Wed Aug 15, 2012
Pelin Guzel answered:
I agree with Susan, most of the time listing agent will inform the buyer's agent if there is a back up offer. Talking with your agent will help you, hope you have an agent...

Good Luck

Pelin Guzel
DHL Realty Group
Dallas TX 75287
469-360-6955
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0 votes 11 answers Share Flag
Wed Aug 8, 2012
Dixon Wong answered:
Hi Molly,

From my current experience, rental market is great in Greater area of Dallas. Properties that I have listed always get a multiple applications. Its a really hot market!

Feel free to check out my website at http://www.findyourtexashome.com/addison/ to get familiar with the listings in the area. There is nothing better than educating yourself about the area and be comfortable with it so that you know that is a good deal when you see one!

Obviously, you also need to have a great agent to help you to get everything line up once you find a complex that you like. We have ability to send you auto update daily.

Please feel free to email me at dixondfw@gmail.com if you need help. I would be happy to walk you thru every steps.

Thanks

Dixon
Realtor
JP and Associates
www.findyourtexashome.com
dixondfw@gmail.com
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1 vote 10 answers Share Flag
Thu Mar 29, 2012
Kelly Fest answered:
To answer the question, market value (as stated by an appraiser) and sales value are not always the same. The seller can choose to take less for the home and give the amount between the sales price and the market value for the borrower to use toward closing costs and pre-paids (taxes & insurance) in an amount up to 3% for conventional loans and up to 6% for FHA loans If the seller wants more than the market value, then the borrower would have to pay the difference between market value and and sales price since the lender will only let you borrower a percentage for whatever the market value is (as determined by the appraiser). LTV is 95% for conventional and 96.5% for FHA. For example, if the borrower has a house that is valued at 100,000 and they want to charge 105,000, then the borrower would not only have to come up with their downpayment, but would also have to tack on an extra $5000 to what they put down in order to buy the home. Please call me if you have any questions 972-854-3270. ... more
0 votes 4 answers Share Flag
Fri Apr 8, 2011
Emily Erekuff answered:
Hi FourThreeThreeTwo Livingston,

It looks like this property has just recently been added to our site. Please access the link below to review our display and let us know if you have any other questions.

Best Wishes,

Emily Erekuff
Community Moderator
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0 votes 1 answer Share Flag
Fri Feb 4, 2011
Susie Reichley answered:
There are some other things we would need to discuss, like other payments, like car payments.

If you want to initially talk to an experience agent, contaact me and we can discuss it. The next step woould br to talk to a good loan officer.

Suaie
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0 votes 5 answers Share Flag
Tue Jul 6, 2010
Bruce Lynn answered:
Lee...
I'd be surprised if this is a good idea in most places. Unless you intend to stay there forever. Obviously there can be exceptions. However, with all buyers, I'm always thinking about the exit strategy for the future. So if you totally combine two places...you'll have a condo twice the size of everything else in the building? Potentially? Almost any realtor will tell you that you never want to be the biggest/nicest house on the block comes sales time. Sorry this doesn't answer your specific question, but probably something to think about before you get started. The exceptions to this might be some of the loft type spaces that have funny pricing anyway. I'm think south of downtown. The other exception might be a place where land prices are going way up and the neighborhood is moving way up. So potentially you could take two small inexpensive 1bed/1baths and turn it into a 2bed/2bath. I'd still think this would be unusual.
As far as power meters? Check with a master electrician or better yet the power company. I don't think it would be fun to rewire both units to get a new panel and one meter.
Good luck and let us know how it turns out.

To search for condos for sale in the 75205 zip code, just follow the link below.

http://www.mlsfinder.com/tx_ntreis/robertbrucelynn?action=newsearchsession&zip_code=75205&condo=Y
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