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75038 : Real Estate Advice

  • All28
  • Local Info0
  • Home Buying18
  • Home Selling2
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Activity 181
Sun Jul 22, 2012
Dallas Texas answered:
If you have any concerns BEST air on the side of caution. Coppell ISD top ranked in area , and USA direct link http://www.lynn911.com/Web/AR287090/CustomContent/index/5032445

Realtors can't predict the future therefore we can make any statements. Up to home buyer

If you are not working with a Realtor

Contact my office today where I can show you many amazing homes work with your family specifications.

Lynn911 Dallas Realtor & Consultant, Credit Repair Advisor
Multimillion Dollar Sales Producer
972-699-9111
http://www.lynn911.com

Follow me on Facebook
www.facebook.com/lynn911dallas
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0 votes 6 answers Share Flag
Mon Apr 27, 2015
Terry McCarley answered:
You can make an offer on anything you want but if the property is already under contract don't get your hopes up too high. Your best bet is to look at homes that are available.
0 votes 7 answers Share Flag
Sun Jul 22, 2012
Dixon Wong answered:
Building extension is about 125-200 per sq ft. It depends on the qualify of the flooring and exterior of the matterial.

Make sure you at least get 3 bids prior to making a decision.

Dixon
Realtor
JP and associates
www.findyourtexashome.com
... more
0 votes 9 answers Share Flag
Wed Mar 1, 2017
Tina Lam answered:
There are a number of elements to buying a home.

1) You need to get yourself financially ready to purchase. If you have saved up a downpayment, you should go get a pre-approval from a loan officer at a bank. This should take about 2-3 weeks. Until you know what you can get approved for, you won't have a realistic budget to work with.

2) Assess what you need in a home and get familiar with what's available. This is a highly variable period of time. Some people can narrow that down in a few weeks, while others may take 6 months.

3) Find a real estate broker who will educate you as well as protect your interests in the purchase process. If you have some good referrals, this should be pretty quick.

4) Visit prospective homes and make some offers. This is also a highly variable period. Lucky buyers can win deals in the first week and others can drop dozens of offers over a year before winning a deal. A good real estate broker can help limit the time needed with good guidance.

5) The actual close is pretty straightforward. A short sale will add about 2-3 months to the process. Once in escrow, it's about 30-45 days on average to close.

So, altogether, I've seen first-time home buyers I've worked with go from thinking about buying to getting the keys to their home sometimes in as quick as 3 months and others up to over 2 years (they're still looking for a "steal").
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0 votes 17 answers Share Flag
Sun Apr 22, 2012
Kim Nwachukwu answered:
You need a real estate professional to assist you. I could never comfortably advise anyone to consider purchasing a property with a situation like this without face to face counsel. There are simply too many facets, and too many pitfalls, and too many potential situations, to weigh in on a question of this nature on a forum like Trulia. ... more
0 votes 7 answers Share Flag
Tue May 14, 2013
Roy Donn answered:
I live in and work the Irving area, I would be happy to assist you in your Home search. Depending on your price range, north Irving Valley Ranch and Las Colinas are the nicest areas. There are some good neighborhoods in south Irving also.
Inventory ranges from Condos, Townhomes and Single family, brand new also.
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0 votes 16 answers Share Flag
Thu May 10, 2012
Roy Donn answered:
Let me know the Address and I will assist you.
0 votes 10 answers Share Flag
Thu Dec 15, 2011
Thomas Bohlmann answered:
No

The 2010 Neighborhood Stabilization Act Requires banks / mortgage companies to sell REO properties for MARKET VALUE.

If the home is listed for $300,000 the least the bank may take is $295,000, as the $300,000 is most likely the lower end of the market value.

Cash is the lest acceptable way to purchase, FHA loans are the best way to purchase are given first priority by banks, per the Act above.


And Banks do require a minium of 60 days after agreement to close.

What ever offer you do make, you MUST submit proof of funds or Pre qual loan letter with your offer

Good Luck

Tom
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0 votes 11 answers Share Flag
Sun Feb 12, 2012
Dallas Texas answered:
No Realtor can make a statement regards "future" against professional code of ethics.

As a real estate investor MUCH more comes into play for making decisions purchase any real estate investment

Lynn911 Dallas Realtor & Consultant, Credit Repair Advisor
The Michael Group - Dallas Business Journal Top Ranked Realtors
972-699-9111
http://www.lynn911.com
... more
0 votes 11 answers Share Flag
Thu Dec 15, 2011
T.E. & Naima Sumner answered:
It looks like around $1,100. But it could be more or less, depending on the condition and features your home offers.

Not long ago a few rented for more than $1,300, but this time of year it is a very thin market (not too many renters or buyers coming around).

If you need some help, let me know.
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0 votes 1 answer Share Flag
Thu Dec 15, 2011
Kim Nwachukwu answered:
9 out of 10 residential lease options do not close. Why? You have to have a sale price NOW - and if that sale price won't appraise when the option is done the property won't be financed. The contracts need to be written by attorneys to stand up - and they are fairly complicated documents. Do you own the property outright, or is there a lien against it? With no lien you could owner finance, still a hassle but less than a lease option.

Not everyone is well suited to be a landlord - and both of the scenarios have a touch of that in them. The other factor in this is that many of the people that ask this question probably shouldn't be purchasing a home at all. Yes, some people do have extenuating circumstances, but by and large my experience is that they are few and far between. I could write a book about this subject - but you asked for an opinion, so here's mine: big trouble, big hassle, highly unlikely to work out.
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0 votes 6 answers Share Flag
Wed Nov 16, 2011
Bruce Lynn answered:
Anthony,

Don't get too excited about this one. The price is wrong in Realty Trac. It's probably a second lien, not a first and may never come on the market. Prices in La Villita for single family homes will be about 3x this amount or more. There are a couple of foreclosure townhomes about $200,000.

Let me know if you're interested. When the addresses are not published, they're likely not on the market and might not ever be on the market.
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0 votes 1 answer Share Flag
Tue Aug 12, 2014
Dallas Texas answered:
Do you have a buyers agent ? If not contact my office where I can assist you with all your questions. GREAT properties in this location

You have gated community security guards, amenity center of the club house, maincured grounds , and much more !

I have had several listings in this community and with tenants OR buyers all searching !

Lynn911 Dallas Realtor & Consultant, Credit Repair Advisor
The Michael Group - Dallas Business Journal Top Ranked Realtors
972-699-9111
http://www.lynn911.com
... more
0 votes 9 answers Share Flag
Sun Oct 2, 2011
Chris Hutchinson answered:
There is always going to be someone that is willing to rent to you. Your best bet may be to look at renting a house or a condo because individuals owners are usually more willing to take on less than perfect financial situations than corporations.

If you need help looking for a rental property I would be more than willing to help.

Chris Hutchinson
The Chris Hutchinson Team
The Michael Group
972.809.0607
www.chrishutchinsonteam.com
... more
0 votes 1 answer Share Flag
Sun Sep 25, 2011
Bruce Lynn answered:
Probably not....unless you yourself are eligible.

There are some other great loan programs available though that might even be better.

We just need to get you with a loan officer to check. ... more
0 votes 5 answers Share Flag
Wed Mar 20, 2013
Dan Tabit answered:
Michelle,
You are asking for a legal tool you may not be qualified to use. If you are not using an agent, find an attorney to draft this for you. There are so many considerations to bear in mind and the consequences are so high don't rely on your best intentions and hopes.
As agents we are trained on our contracts and retrained as things change. Beyond that we have insurance to cover our errors and omissions. You can't pick up what you need to know in a few minutes over the internet unless you are already an attorney.
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0 votes 14 answers Share Flag
Sat Jul 9, 2011
Dettmer Team answered:
I can help you find a home. Please call me at 214-435-9736. Low closing costs and great deals are my specialty!
Marie Dettmer
0 votes 0 Answers Share Flag
Sat Jul 9, 2011
Deon asked:
Wed May 23, 2012
Bruce Lynn answered:
Hi,

There are three places that come to mind.
Probably the KHov homes on Las Colinas Blvd is my first bet.
Second possibility is Ashton Woods at Hunters Ridge.
Third choice is in Valley Ranch at the Manors.

To search the Las Colinas/Riverside Drive area checkout this link:
http://www.metroplexhomesalesinfo.com/listings/propertytype/CONDO/maxprice/300000/areas/23487/

To search the Valley Ranch townhomes checkout this link:
http://www.metroplexhomesalesinfo.com/listings/propertytype/CONDO/maxprice/300000/areas/23504/pgn/1/

To search at the Manors checkout this link:
http://www.metroplexhomesalesinfo.com/listings/propertytype/CONDO/minprice/300000/maxprice/400000/areas/23504/

Always use a realtor when purchasing a new home. We can help show you where to buy, what to watch out for, which ones are the best deals, which ones aren't. Take us the very first time you visit a builder. Never visit one on your own. They are very very sharp at separating you from your hard earned money. You want someone in your corner fighting for your interests.
... more
0 votes 5 answers Share Flag
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