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75081 : Real Estate Advice

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  • Local Info2
  • Home Buying2
  • Home Selling1
  • Market Conditions1

Activity 56
Wed Mar 31, 2010
Britt Morris answered:
Please give me more details on your pricing and what exactly you have to offer and are trying to accomplish.
0 votes 2 answers Share Flag
Mon Feb 8, 2010
Helen Karuba answered:
You can lease an apartment or small condo in Richardson/North Dallas in that price range. Homes can lease for much more depending on size and location. Homes/condos also range in price. I'm not quite sure of what youa re wanting to do here? Do you want to buy a small place and lease it out when you mvoe your family here? Let me know anda I can send you some info. I live in Richardson, know it well.
Best wishes
Helen
214-534-2020
helen.karuba@sbcglobal.net
... more
0 votes 4 answers Share Flag
Sat Jan 23, 2010
Ronda Allen answered:
In Richardson, TX? It depends on where and how long you can stay. There are some really cool new concepts for condo/townhome living in Richardson near the Telecom Corridor along I-75. But, new concepts may or may not hit the ground running. Just a few years ago, the Frisco Square area of Frisco, TX developed a similar concept. At first, it wasn't very well received. Now, they've expanded and have added more amenities and they are filling up fast and become a destination spot for many of us who live in the area. As the commercial developments fill in, these 'city in the suburbs' sites become popular.

Interest rates are still low. Work with a Realtor, pick your location wisely, and put the equity in your own pocket versus someone else's.

Have a blessed day!
Ronda



Ronda Allen, Realtor and Certified Purchasing Manager
CEO of comingsoonhomes.com
RE/MAX Dallas Suburbs
... more
0 votes 4 answers Share Flag
Tue Aug 18, 2015
Bruce Lynn answered:
Typically the best investors take a variety of cashiers checks with them. Perhaps several in $10,000 increments, some in $5000, and some in $1000. Then you can get close to your purchase price. You can pay up most of the balance and then ask the trustee to give you an hour or two to get the balance.

You need to check title before you buy. Some liens don't go away if 1st forecloses. Federal tax liens for example don't go away likely. City liens, tax liens, and some others don't get wiped out and you could be obligated to them. 2nd mortgage lien for pools, etc should go away.

You may also get a tenant you don't know about and may also have to go through eviction proceeding if someone is still in the house. You could also get a tenant through the end of their lease depending on when the lease was executed.

Most 1sts are bought back by the original or secondary lender at trustee sale.....Might be better to pick them up as an REO rather than auction. I've seen some mistakes happen before, but it is rare. The auction is a place to be very very selective.
... more
0 votes 7 answers Share Flag
Thu Aug 27, 2009
T.E. & Naima Sumner answered:
Yes, of course. Just let us know when you want to go see it, and we'll set it up.
0 votes 3 answers Share Flag
Mon Sep 7, 2009
Tommy Burris answered:
2nd home would NOT be considered investment.....
Unless the lender doesn't believe you.
0 votes 2 answers Share Flag
Fri Jul 24, 2009
Don Tepper answered:
It's certainly possible. However, what are the reasons given that you're not allowed to lease? Could they be legitimate?

Also, I'm not a lawyer and don't have your divorce decree in front of me, but what's the requirement on the timing of the notification to your spouse of your move? If it's prior notice, can you provide notice, say, 12 hours prior to occupancy? Or if it doesn't require prior notice, can you notify your ex immediately upon move-in?

Or have you asked your ex whether he knows what's going on?

Good luck.
... more
0 votes 3 answers Share Flag
Sat May 30, 2009
Amy Downs answered:
Hi Araceli,

You can visit the link below to find comps in your area to support your tax protest. Or, I can send you a formal document of properties to use for the appraisal district meeting. Let me know how I can be of further assistance, and best of luck!

Amy Downs
Amy Downs & Associates, LLC of
Keller Williams Realty
972.468.5136
www.TeamDowns.com
... more
0 votes 2 answers Share Flag
Mon May 25, 2009
Terri Hayley answered:
Tin,

No, you are not. Zip Realty asks buyers to subscribe to their MLS service so that they can give their agents leads. Once you save a home as a favorite, you are assigned as a lead to an agent covering that area. Unless you sign a buyer's rep agreement or a sales agreement, you are not obligated to use their services.

Happy to help,
Terri Hayley
The Hayley Group, Keller Williams
Top 5% of Realtors
... more
0 votes 6 answers Share Flag
Tue Mar 6, 2012
Dallas Texas answered:
We do provide that service however on a consultant type bases.

It does require research obtain correct information. 109 properties have sold in that zip code

CONTACT OUR OFFICE TODAY
972-699-9111
Lynn A. Crosby ~ National Featured Realtor
"...Specializing in Residential, Commercial Properties and Loans..."
Dallas Realtor, and Credit Repair Consultant -
The Michael Group - "Dallas Business Journal 08' list top realtors"
Dallas Loan Officer -
Dallas Real Estate Office: (972) 699-9111
Dallas Real Estate Website: http://www.lynn911.com 60,000 listings Dallas homes for sale
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0 votes 13 answers Share Flag
Mon Feb 7, 2011
Marcia Levine answered:
Wyndsor Estates is a pretty area of Richardson that falls in the Plano School district. Plano schools are known for being very good and high demand (Miller Elementary is an exemplary school and Murphy Middle school is recognized). This area also has easy access to 190 (Bush Frwy). The homes were built in the mid to late 90's and you get quite a bit for your money.

If you have specific quesions, feel free to contact me or go to my website.
... more
0 votes 6 answers Share Flag
Tue Mar 30, 2010
T.E. & Naima Sumner answered:
KIm,
You need to get yourself a buyer's agent that will represent YOU. The listing agent works for the seller only and will do their best to get the best deal for the seller.

If there are any liens on the property, they will be cleared before you can close on it. Delinquent taxes, HOA dues if any, or mechanical liens... You will also get a title policy that will protect you against future claims, and that policy should be paid for by the seller, being a bank or not.

I will be very happy to discuss it with you and give you a true value of what it's worth, may be even find out what is owed on it.

Feel free to call me or email me.

Naima
214-289-8555
naima@sumner-realty.com
... more
0 votes 6 answers Share Flag
Sat Jul 11, 2009
Dallas Texas answered:
FYI concerned about you FSBO, did you realize if you don't comply with ALL the laws for the State of Texas for selling a property you can get sued. There are many people your seek FSBO to take advantage of you know the laws therefore you are served with lawsuit of not following the standards.

We answer allot of emails and calls about this daily I feel sorry for the home owner.

We do offer a seller where you can list your home for $795 open listing, therefore you are covered under our e & o insurance where you are protected it does go in MLS, you have more exposure than FSBO. This is a busy time of year for moves hate for you miss the selling season. The stat's show 97% of all FSBO go to realtors within 45 days to list.

FEW CONCERNS you may not be aware of beside the above statements:
a) Are you going to allow strangers in your home that are stalking your home to detemine if they can return and rob you? Buyers agent we qualify our buyers BEFORE showing properties therefore we know we have a real buyer than a person who is seeking other opportunities for your home
b) Do you know how to author the contract?
c) Option period
... more
0 votes 5 answers Share Flag
Fri Dec 28, 2007
Suzanne Walker answered:
Yes, Frank, you are thinking correctly and NO you are not stuck.

I suggest you interview a few listing brokers to see what they think they can sell your home for with repairs and without repairs. (just don't choose the agent who promises something to good to be true)

Next, talk to your bank and find out how much you can get a loan for with how much down. Look at a couple of different loan options and then go get Good Faith Estimates (GFE's) from the competition. (again, don't choose the lender that promises the impossible)

A lot of people wish they were on your path, best of luck to you.
Susan Walker
... more
0 votes 4 answers Share Flag
Wed Oct 6, 2010
Bruce Lynn answered:
Thanks for you interest. Those cities are pretty far apart, so I wonder why specifically those two? Also to me they are completely different cities almost 1 hour apart by driving distance. Will you live in the house or rent it out? With all else being equal I'd think your chance for appreciation is slightly better in Richardson than Burleson. This due to Richardson being built out for the most part and some rapidly increasing values on the borders of Richardson. Burleson is on the outskirts of town and therefore still a lot of new construction in the area and probably a decent amount of foreclosures. This will likely keep prices and appreciation low in this area for some time to come. If you can let me know a little more information we can try to point you in the right direction. ... more
0 votes 4 answers Share Flag
Mon Nov 10, 2008
Champions Real Estate Group LL answered:
I specialize in selling investment properties that are easy to maintain. My current inventory includes properties that can be bought and leased out within 30 days. If interested please call me at 817-789-6780 and let me know the area you prefer. ... more
0 votes 7 answers Share Flag
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