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Wylie : Real Estate Advice

  • All58
  • Local Info5
  • Home Buying21
  • Home Selling3
  • Market Conditions2

Activity 34
Wed Aug 12, 2015
Dr. Stephen Spies answered:
I am not certain that this question can be properly answered with the information available. First of all, what is written and agreed to in your contract that resulted from the acceptance of your offer? Is the phrase ""all closing costs" defined, and if so, what is the definition of said phrase. If it is as open ended as it might possibly be, would you expect the buyer to pay additional points to buy down your mortgage interest, just to save you some money? What about taxes and fees? Are they to be pro-rated, or simply a line item on a closing schedule. And these are simply the first of many, and more complex issues that could possibly result in the deal falling through at a critical juncture in the process, or protracted litigation, liens and attachments, judgments, etc. having been filed prior to closing which could cause the lender to simply refuse to fund the loan. A good starting point might be to find out who selected, & retained the specific appraiser, and what the agreement between the parties. If nothing else works, and you really do want to close on the house you really only have three (3) functional means of resolving this dispute, by agreement (with or without the assistance of a mediator, while I no longer practice in TX, or at all for that matter, at least for now as I enjoy being retired), Arbitration, or simply paying for the appraisal fee yourself, and consider it to be "Tuition" in the University of Life. Of course, depending upon the relationship between the appraiser and the lender, there may be an additional resolution to your issues, these two (2) parties may have a long-standing, and profitable business relationship that makes it more important for them to reach a resolution that is mutually satisfactory, and relieves you of any such liabilities. There are probably many others, however, since you have not retained my services, nor has any fiduciary responsibility, or client relationship implied, or to be inferred, so I shall just give you the generalities and broad descriptions of what might occur. Good luck. ... more
0 votes 7 answers Share Flag
Wed Jul 22, 2015
Michel Morales answered:

We have a contract specifically for this in Texas. A leaseback is good for up to 90 days. If you listed today it would place you in perfect timing for your new build.

Call me today to schedule an appointment and go over the details!

Michel Morales, AHLS
Accredited Luxury Home Specialist
Phone: 972-439-6827
... more
0 votes 6 answers Share Flag
Thu Feb 12, 2015
Susie Kay answered:
If you still need help in finding a lender, let me know and I'd be happy to connect you.

Susie Kay
Realtor & Certified Home Stager
United Real Estate
469-371-2899 ... more
0 votes 13 answers Share Flag
Sun Sep 28, 2014
Susie Kay answered:
Hi Sue,

Have you found your home? I just recently sold a home in Wylie and my client couldn't be happier living there. They came from a different country so I educate them about the area and share my knowledge with them. Wylie is a growing city and Bozman Farms is a wonderful community to live so you have no worry there.

If you are still looking for properties available on the market then check my website at, and if you are still looking for a property to live I'd be happy to assist you. My references are available upon request.

Take care,

Susie Kay
Realtor & Certified Stager
United Real Estate
... more
0 votes 9 answers Share Flag
Thu Jun 26, 2014
Susie Kay answered:
If you are still looking for a property to purchase, check my website at for the most updated info on homes available on the market.

Susie Kay, Realtor® & Certified Stager
Residential, Commercial, Investment
United Real Estate
III Lincoln Centre, 5430 LBJ Freeway #280
Dallas, TX 78240

Servicing your real estate need is my priority!
... more
0 votes 4 answers Share Flag
Fri May 30, 2014
Scott Johnson answered:
Here is a link to the Wylie School Finder
Just type in the address of any property to find the neighborhood schools.

If we can help you find a home please contact us,

Scott & Amie Johnson
FireBoss Realty
469-269-0911 - Property Search Site - Blog - FREE Mobile App
... more
0 votes 2 answers Share Flag
Sat Dec 28, 2013
Kenneth "Kenny" Bebensee answered:
Pick any 1 Realtor and work with them only on finding what you need and can afford.
0 votes 6 answers Share Flag
Sun Sep 1, 2013
Anna M Brocco answered:
Consider working with an agent of your own; much will depend on the individual landlord; you could consider being upfront regarding the credit; be prepared to show proof of employment, possibly some reference letters; could consider prepaying some of the rent, or offering additional security; or consider a guarantor.... ... more
1 vote 2 answers Share Flag
Thu Jun 13, 2013
Tamika Goree answered:
Hi S. McBryde,

I'm terribly sorry that finding a rental is so frustrating. After looking on the MLS, there 15 properties in Wylie that range from $1,200-$2,300/mth that will allow pets. I would love the opportunity to earn your business and assist you! Please feel free to contact me and I'll gladly email you the list of rental properties in the Wylie area! I look forward to hearing from you soon!

Make it a Great Day!

Tamika A. Goree
Broker | Owner
The DFW Property Shop
Cell: 972.697.1178
Fax: 972.665.7148
... more
0 votes 3 answers Share Flag
Fri Mar 8, 2013
Linda Lorenzo answered:
I just talked to an agent who has been waiting since November 2011 on a short sale!!!! I see them all the time where they are still waiting after 5 or 6 months - do you really want to wait that long. I hear the latest problem with short sales is that the bank does not want to pay the back HOA dues and expects the buyer to do so. Good luck to you. ... more
0 votes 13 answers Share Flag
Sat Feb 23, 2013
T.E. & Naima Sumner answered:
I like Rowlett. Of course I do live here, so I may be slightly biased.

The DART train station is the most notable addition in the last couple of months. DART extended the Blue Line out to Rowlett to the old Park n Ride. Now, you can get to downtown Dallas or points in between easily and without having to find parking.

Blue Line also continues on down to Lancaster Road near the VA Hospital. You can also connect to the other parts of the train system, which is the largest in America, including the TRE, DFW airport and The T in Fort Worth.

The Bush Turnpike was completed through Rowlett from the Firewheel area down to I-30. This does improve connectivity and getting to Plano and the far far north is now pretty fast and easy, albeit pricey.

Wylie is just north and east from Rowlett, which makes Bush attractive but the DART would be less convenient. Sachse also is north from Rowlett and enjoys the same school system as Rowlett.

The schools here and in Sachse are quite good. Life is good in the suburbs, with shopping and things to do. Rockwall's Harbor is just over the bridge from Rowlett and we like it a lot.
... more
0 votes 5 answers Share Flag
Tue Jan 22, 2013
Melissa Hailey answered:
Lake Lavon is a Corp of Engineers lake, so there are no homes on the lake that have access to the water from their land. I ran a quick search of homes for lease on the water and find several homes at other area lakes. If you are looking to lease a home "near" Lake Lavon - maybe even with a view of the lake - we can help.

Let me know what you are looking for in a home, and if a view of the lake is close enough. I would be happy to email you some choices.

Feel free to contact me directly at 214-418-0180.

Melissa Hailey - North Texas Top Team, Realtors
Coldwell Banker Jane Henry Realtors
... more
0 votes 1 answer Share Flag
Sun Nov 11, 2012
Melissa Hailey answered:
Are you looking at land that is part of an acreage subdivision? Or are you looking for land that is outside of a "subdivision"? Do you plan to have horses or other larger animals? All of these answers will make a big difference on how you will be able to proceed. Please know that if you are inside a subdivision you will have more restrictions (either deed restrictions or HOA restrictions). However, if you are buying land that is not part of a subdivision (or maybe not even within city/town limits) you will have much more flexibility. With the amount of acreage you at considering, it should be able to be accomplished either way...and you have some good ideas on how to move forward listed in the answers below.

Our office is located in Wylie and we work specifically in the areas that you have mentioned. We would love to help you locate the perfect piece of land, research the specific restrictions, ensure that utitlities are present, and facilitate with a builder for you. Additionally, if you do not already have a builder in mind, we can recommend some reputable companies that you may want to consider.

Another item to consider is financing. We work with professionals in the mortgage industry that can give you some great options/terms on land with intent to build. Some of these include single-close loans that save you money on closing fees.

Melissa Hailey - North Texas Top Team, Realtors
Coldwell Banker Jane Henry Realtors
... more
0 votes 4 answers Share Flag
Sat Nov 10, 2012
David Hock answered:
You are gamefully employeed with a contract and that's the good thing. The big hurtle as a first time buyer is a good banker. I can give you Three because that's the minimum I would talk to in your position. I live in Sachse it's a great place lot's of new housing hear and in Wylie that is affordable. Email me and I will be happy to send you the three lenders and maybe I'll earn the position of helping you find that home. Congradulation Lauren. ... more
0 votes 12 answers Share Flag
Tue May 1, 2012
Don Groff answered:
Hi Jason,

It is possible. I just refinanced a client from a conventional loan into a VA loan. When he originally purchased the home he used builder financing to get some promotions and they did not do VA. You will be capped at a 90% LTV but other than that it should not be a problem if all else checks out.

Call me if you would like to discuss. I am a Tier 1 Wholesale Broker with Wells Fargo (and many other lenders). This allow me to offer rates much lower than using a retail branch of the same lender and you also get a free one time float down once locked. So if rates drop before funding we can float you down to the current rates at no cost to you.

Call or email me if you have any questions.

Don Groff
REALTOR® | Mortgage Broker
Keller Williams Realty | 360 Lending Group
o 512.669.5599 m 512.633.4157 |
... more
0 votes 5 answers Share Flag
Tue Nov 8, 2011
Annette Levinson answered:
Lisa, everything depends upon the credit report. Consult with a mortgage officer to see if it makes a difference.
0 votes 1 answer Share Flag
Tue Jun 14, 2011
Emily Erekuff answered:
Hi Diane,

As others have said, Trulia does not accept FSBO properties from sellers at this time. However if you choose to work with a flat fee or full service agent in the future, he or she can submit your listing to us via the link below.

Best Wishes,

Emily Erekuff
Community Moderator
... more
0 votes 4 answers Share Flag
Thu Dec 3, 2009
Craig Brock asked:
I do about 20-22 BPO's a month and was curious about finding some assest managers to hook me up with some REO's. IF you know any that may need an extra agent let me know!
0 votes 0 Answers Share Flag
Thu Dec 3, 2009
Kay Maddux asked:
I currently do 20-25 BPO's a month so I am looking to jump on the REO bandwagon!!
0 votes 0 Answers Share Flag
Thu Oct 29, 2009
T.E. & Naima Sumner answered:
Buying him out may be possible, even with a non-occupying co-signer, but you will still need cash to close besides reasonable credit and good ratios for mortgage-to-income and debt-to-income. Sometimes the reason for the divorce also damaged your credit to the point that only time will fix it.

You will also have to deal with the timing of the buy-out in relation to the divorce. Ask you divorce attorney about this. The paperwork may say he is no longer obligated to repay the existing mortgage, but the reality is that the original mortgage documents exist, and as you suspect, only a re-finance will clear the existing mortgage from his name. His homestead rights will likely be extinguished by the decree, but timing is important. You need your attorney's advice on when in addition to a loan officer's advice on how.
... more
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