Melissa : Real Estate Advice

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Bruce Lynn, Real Estate Pro in Coppell, TX
Bruce Lynn answered:
Any tips on moving to a different state? My husband and I would like to move to Texas from Oklahoma but are unsure on how to get started.
Get a job first, then move.
It will be hard to rent a house too with 3 large dogs.
Not impossible, but difficult.
Getting the job first will help you know where to live.
Dallas is a ... more
0 votes Share Flag Tue Dec 4, 2012 Home Buying in Melissa
Don Groff, Real Estate Pro in Austin, TX
Don Groff answered:
Which would be better for the Melissa area FHA or USDA. We have some credit card debit, little to no down payment, and a credit score around 690.
USDA will allow you to not put any money down. I would have your lender work up both options for you. The problem with USDA right now is that it takes a lot longer to close. This is ... more
0 votes Share Flag Sat Sep 1, 2012 Home Buying in Melissa
Sera Smith,  in Plano, TX
Sera Smith answered:
trying to locate a used mobile home loan that sits on an acre. Any ideas for financing companies?
I do have several options for mobile homes. Must be double wide and meet FHA requirements. The age of the mobile home is very important. If you need help, you may contact me at ssmit ... more
0 votes Share Flag Sat Sep 17, 2011 Financing in 75454
Phil Rotondo, Real Estate Pro in Melbourne, FL
Phil Rotondo answered:
What are the requirements to meet FHA loan rules on a mobile home?
The home must be constructed in conformance with the Federal Manufactured Home Construction and Safety Standards as evidenced by the affixed certification label. This is the RED TAG tha ... more
0 votes Share Flag Wed Aug 17, 2011 Financing in Melissa
Brian Rayl, Real Estate Pro in Dallas, TX
Brian Rayl answered:
Is buying investment property in Melissa easy to rent and good for future appreciation? If the property is 1,798 sq. ft., 4 bedrooms and 2 baths,
Hi Anna,

Real Estate investment all depends on your situation.

If you are purchasing a home for $125k and leasing it for $1295, then this is just barely a 10% return on your inve ... more
0 votes Share Flag Mon Aug 11, 2014 Home Buying in 75454
Dallas Texas, Real Estate Pro in Dallas, TN
Dallas Texas answered:
I see the crime rate is somewhat higher than the area that I currently live in (especially the violent crime rate). Is this something that I shoudl?
Best contact local Police Department for the info. you might be searching for OR Google search media published articles
0 votes Share Flag Mon Apr 25, 2011 In My Neighborhood in 75454
Brenda Feria, Real Estate Pro in Richmond, VA
Brenda Feria answered:
We are buying a home w/n 3 mos. We will get FHA with 3.5% down. Can we have the seller pay 100% of closing in the negotiation?
Maddy,

The best thing that you can do is speak to your lender and ask for a Good Faith Estimate of Closing Costs. You can request that they prepare the Good Faith Estimate according ... more
0 votes Share Flag Sat Jan 8, 2011 Financing in Melissa
Patrick Jack…, Real Estate Pro in McKinney, TX
Patrick Jackson answered:
what are the risks of buying a house in Melissa, Tx? we're fr Oh and have 2 lillte girls. i like the prices and schools but worried about the
Hi Maryanda,

Thanks for your question about resale value in Melissa.

Prices are great in Melissa for several reasons that all relate to resale value. For newer construction, Me ... more
0 votes Share Flag Sun Apr 29, 2012 Home Buying in Melissa
T.E. & Naima…, Real Estate Pro in Dallas, TX
T.E. & Naima Sumner answered:
what happens if i stop paying the hoa ?
You need to read your covenants. The HOA may have a right to foreclose on your house for non-payment.

Why would you want to stop paying? You agreed to pay when you purchased the ho ... more
0 votes Share Flag Sat Oct 3, 2009 Home Buying in Melissa
Dallas Texas, Real Estate Pro in Dallas, TN
Dallas Texas answered:
why are so many houses for sale in Country Ridge (melissa,tx)?
April thru August are extremely busy times for the years. Melissa is a family community therefore many families are wanting to move prior to the real estate "busy season ends in August ... more
0 votes Share Flag Wed Jul 22, 2009 General Area in Melissa
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