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75062 : Real Estate Advice

  • All14
  • Local Info3
  • Home Buying8
  • Home Selling0
  • Market Conditions0

Activity 14
Mon Sep 25, 2017
Angelica P answered:
Hi,

Currently, we do not have listings for rent to own homes. You may try your luck though and search our website using the Keyword section of the search filter which can be found at "More" button. However, these listings are extremely rare.


Thank you for using Trulia,
Angelica
Consumer Care
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0 votes 1 answer Share Flag
Tue Jan 17, 2017
Kymberly Lewis asked:
Sun Nov 6, 2016
Susie Kay answered:
It's a very competitive seller's market out there especially in your price point. We have tons of cash buyers at your price point and obviously, because there's no risk of any lender not approving a loan at the last minute, sellers prefer cash buyers.

There are ways to be competitive with an fha loan; however, you have to feel comfortable with it. I just helped my buyer closed on a property with an fha loan. I would suggest that you ask your realtor for advice.

Good luck!
Susie Kay
Ultima Real Estate
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0 votes 1 answer Share Flag
Fri Jul 1, 2016
Susie Kay answered:
Realtors are not allowed to practice law or translate what title language means. This question should be addressed to title who has it's own attorneys or your attorney. On the last page of contract for one to four family residential there's a section in which it's written that you can consult an attorney before signing and that realtors are prohibited from giving legal advice.

I would suggest that you contact the title company and ask them to change title to what you want.
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0 votes 1 answer Share Flag
Thu Feb 18, 2016
Marilyn Salzar asked:
I see more crimes in the detail listed more often in a 1 mile area for Towne Lake Village in Irving, TX labeled "low" than for 3639 West Northgate in Irving labeled "high".…
0 votes 0 Answers Share Flag
Wed Feb 17, 2016
Susie Kay answered:
If the report is from the Dallas Police Department and you have questions then I would suggest that you call or visit the police department and ask for clarifications.
0 votes 1 answer Share Flag
Thu Jan 21, 2016
Susie Kay answered:
That's a very general question as it depends on the home and the people living in the home. I have clients who are comfortable at 73 degrees at home during summer and others at 78. The insulation of the home also matters.

I would suggest that you locate the property that you like first, then ask the seller for the average utility bills.

Best,

Susie Kay
Realtor
Seniors Real Estate Specialist
Certified Home Stager

United Real Estate Dallas
469-371-2899
www.dfwdreamhomes.net
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0 votes 1 answer Share Flag
Mon Nov 23, 2015
Susie Kay answered:
Hi Chris,

I would suggest that you talk to a lender or two and see what program you'd qualify for. I'm a local realtor and I'd be happy to assist you and connect you with a local lender or two that I usually work with. Give me a call at 469-371-2899 if you are interested.

Best,

Susie Kay
Realtor
Seniors Real Estate Specialist
Certified Home Stager

United Real Estate Dallas
469-371-2899
www.dfwdreamhomes.net
... more
0 votes 2 answers Share Flag
Wed Sep 24, 2014
Jake Jamison answered:
One thing I would consider is interior demolition services. Sometimes demolishing the whole structure is unnecessary if only certain rooms need re-modeling. An interior demolition can save you lots and lots of money in the long run.
http://www.abledemolition.ca/en/services.html
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0 votes 7 answers Share Flag
Mon Jun 9, 2014
Jeff Dean answered:
I also own an apartment locating company in Irving. We can help you with finding section 8 properties. You can call 972-869-3733 or visit http://www.1sourceapartments.com
0 votes 1 answer Share Flag
Fri Sep 10, 2010
T.E. & Naima Sumner answered:
I list them all on my website. http://www.SumnerRealty.com
Most of them are accessible as links by the named city on this page
http://www.SumnerRealty.com/content/article.html/2524423

For your search around Las Colinas, I would suggest the following
http://www.sumnerrealty.com/content/searchresult.html?propty…

By the way, technically no website lists them all, because those offered by owners are not listed in the MLS.
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0 votes 4 answers Share Flag
Wed Sep 8, 2010
Ronda Allen answered:
If you are wise, your first step is to ask a local REALTOR for help. If you have an area or builder in mind, that's great. It saves a little of the legwork, but not much. You need someone who is representing only you - and the builders in our area will typically cover our fee, so that service is not an expense to you. There are lots of places that a build job can go awry. Not to scare you off from building - but I've seen on-site builders melt-down from overwork and quit mid-job, sales reps for the builders get cases of amnesia regarding conversations that took place but were not documented, builders go bankrupt 12 weeks before the completion of a new home, loan programs dry up, and buyers who split up and decide to divorce mid-construction. Oh, and these are scenarios I've seen and had to overcome personally for clients. I would not recommend that anyone just pick a builder, sign their contract, and hand over their money without the representation of a good, local agent. ... more
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Wed Sep 8, 2010
Michael Russell answered:
This is a very legitimate question. From a statistics perspective you want to acquire the lot and build the house for less than market value. One place to start is with the value of a new or newer similar size home in the neighborhood you want to purchase the lot in. For example, if you want to build a 2,500 square foot house and the value of a newer home that size in that neighborhood is $120 a square foot then how much per square foot will it costs you to have your's built? If you can have one built for $90 a square foot that's approximately $225,000. In this scenario the logical price to pay for the lot is less than $75,000 since $225k+$75k =$300k or $120 a square foot. The farther below $75k you can get the lot for, the better for you.
As Lynn states, without more specific details there are only vague answers. If your buyers agent is experienced in this type of real estate you are in good hands, if not I will gladly be of service. Best of luck, Sam!
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0 votes 4 answers Share Flag
Mon Aug 30, 2010
T.E. & Naima Sumner answered:
Market value is NOT a single number. That is the common misconception.
At a particular time certain sellers are offering their homes and certain buyers are interested in purchasing homes similar to them.
The tax appraiser and the mortgage appraiser may tell you a single number (usually different ones), but the reality is that the buyer and the seller who come to agreement are the market at that moment. At a different point in time with different buyers and sellers "the market" will come up with a different answer.

Even the mortgage appraiser using USPAP rules has significant latitude in stating a value. You can investigate these rules, but the bottom line is that the bottom line can be different by plus or minus 15% and still be within the rules. That's a lot of difference. So, the home you're looking at should sell with a high probability within that 15% up or down range, depending on the market at the moment.

Fair is a term that exists only in the minds of buyer and seller. Of course the seller wants as much as he can get and the wants to pay as little as possible. Each will tell you it's fair to the other. But what they agree on is the actual fair value.

Your Realtor can supply you a comparison of similar houses that sold recently to help you see what others have agred on. You can try the link I've included below to see a fairly automated survey of currently available prices and recently sold houses.
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