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Rowlett : Real Estate Advice

  • All78
  • Local Info8
  • Home Buying22
  • Home Selling3
  • Market Conditions1

Activity 35
Thu May 13, 2010
Anna M Brocco answered:
Pre-foreclosure occurs when an owner who is in default--a default notice or lis pendens has been filed by the lender--the owner is basically being warned by the lender to either make owed payments or risk foreclosure. ... more
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Sun May 16, 2010
Dallas Texas answered:
There is no property address listed no one can assist you.

I represent many families looking rent a property. Best have a Realtor represent Texas Real Estate Commission just broadcasted an alert of all the scams here in Texas

Lynn911 Dallas Realtor & Consultant, Loan Officer, Credit Repair Advisor
The Michael Group - Dallas Business Journal Top Ranked Realtors
... more
0 votes 6 answers Share Flag
Sun Dec 27, 2009
Tonya Brobeck answered:
House seller,

Those things sound like good attributes to the property unless I read it wrong....corner lot, big yard, street noise can't be heard inside. Is the house next to a major highway or freeway? Pricing on the low end of comps in your area is a good idea as you have mentioned if you want a quick sale. Pricing right is always a must period if an agent and seller hope to sell the place. ... more
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Sat Nov 21, 2009
Shelley Dudley answered:
A refund or file for your homestead exemption? When did you purchase the property?
0 votes 3 answers Share Flag
Fri Nov 20, 2009
T.E. & Naima Sumner answered:
Hi Mimi,

Usually you apply for a homestead exemption you don't apply for a refund. Unless you are taking about asking for a refund for years you didn't have an exemption when you should should have.

If you are in the Dallas county part of Rowlett, follow this link to get the form:
It is the first form.

If you are in the Rockwall county part of Rowlett, follow this link:

It is best in both cases that you look up your house and then click on the exemption link. Most of the data will autofill.

Just as an FYI... you must be the homeowner and occupant of the home by January 1st to apply for a homestead. It is also free to file.

... more
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Wed Jul 22, 2009
Dallas Texas answered:
Few issues a Realtor can't respond to against code of ethics your question would be a violation for agent make any response.

I own investment properties currently I can't sale any property based on balance owed and backing out fees.

HOWEVER I have done so in past DUE where I could move forward make money in other areas make up for loss.

Till home is comp'd difficult render an opinion of value and etc.

Have you considered leasing home ? Lease Purchase ? Would not recommend unless you had an agent representing you.

What is your intent to sale home short / long term goals

Lynn A. Crosby ~ National Featured Realtor
Follow me on Twitter:
"...Specializing in Residential, Commercial Properties and Loans..."
Dallas Realtor, and Credit Repair Consultant -
The Michael Group - "Dallas Business Journal 07’ & 08' list top realtors"
Dallas Loan Officer -
Dallas Real Estate Website: 60,000 listings Dallas homes for sale
... more
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Sat Jul 11, 2009
Chris Tesch answered:
Amanda, You may be having a problem with communication with your agent. What I'm suspecting they are saying is that the taxable value is based on a value of $133,563 and perhaps the taxes would be too high to keep your payment in line. If you were able to negotiate this property down to 107K next year you could very likely protest the taxes successfully because you were able to buy it lower. I would recommend that you sit down with your agent and/or your lender and have a discussion about this. Don't quit until you understand what they are trying to tell you. ... more
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Sat Jun 20, 2009
Emmanuel Scanlan answered:
Hello Steve,

Those are good questions and concerns. I certainly can not give you comps for the area but there are other venues you can ask these questions in. Here is a list of BB's for the Rowlett and surrounding areas. Nobody can answer your questions better than the residents.

Here are some other good resources for you:

Rowlett City WEB site

Rowlett Spans 2 counties, Dallas and Rockwall. You can find tax data at the following two sites Dallas is and Rockwall is that particular property is in Dallas County

This is a good source for MLS in the entire DFW area

Don't forget Google maps which can give you actual street level views of the home. You can also move around and see other homes nearby. Just keep in mind that these are most likely not very current

Another thing to keep in mind is that we have quite a bit of expansive clay soils here. Even though a property is not specifically in a flood hazard area these soils do not help. Properties should be properly built above the surrounding ground and sloped away or have other provisions for handling rainwater issues. This soil on average can only absorb 1/16" of water per hour so a soaking raining can cause ground run-off.

Check out my WEB site as I have hundreds of links in various categories that might be of use to you.

Good luck on the purchase!

Emmanuel J. Scanlan
PS Inspection & Property Services LLC
214-418-4366 (cell)
TREC License # 7593
International Code Council, Residential Combination Inspector #5247015-R5 (Electrical, Mechanical, Plumbing and Building)
Certified Infrared Thermographer (ASNT-TC1A Standards)
Texas Residential Construction Commission, Third Party Warranty Inspector #1593
Texas Residential Construction Commission, Inspector, County Inspection Program
Texas Department Of Insurance, VIP Inspector # 08507061016
Hayman Residential Engineering Services, Field Technician
CMC Energy - Certified Energy Auditor

Knowledge is power, but sharing knowledge brings peace!!
... more
0 votes 13 answers Share Flag
Wed Mar 18, 2009
Rob Purifoy answered:
Hey Dylan, sounds like another short sale fiasco, it runs rampant. Any veteran Realtor will tell you that short sales handled by large banks are really not for the typical buyer unless you know what to expect and can sit and wait. It does take alot of time, and many times you'll be dealing with competing offers by the time the bank gets around to looking at the file. When you say the bank "accepted" the offer, did they really, or was the offer made and you are waiting?

It is ashame that short sales work the way they do, it only adds stress to buyers and their agents, no wonder people are quitting the banking industry. You can always withdraw your offer and move on if they have not truly accepted it and signed off, and my bet is they have not. I'd find that out first and make the decision, Bless your heart, as they say...
... more
0 votes 2 answers Share Flag
Tue Mar 17, 2009
Bob Georgiou answered:
I can't speak to the first part of the situation but these events are not uncommon. If you receive an answer on your short sale in 45 days you're in great shape. There are some banks that take much longer dictated by the seller's exact financial situation which likely won't be disclosed to you.

Good Luck!
... more
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Sun Oct 26, 2008
Scott Godzyk answered:
without knowing your area, neighborhood and style home it is tough to guage a value. some rooms are worth more than others. bedrooms are worth more than family rooms. your best bet is to have a local realtor give you a market analysis so you can guage value. ... more
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Fri Oct 24, 2008
Dallas Texas answered:
Zip Code 75088 there has been
a) 161 SOLD homes from $50K up to $475K
b) 53 PENDING homes waiting to close from from $49K up to $340K

Have that many homes sold in less than 6 months we have not considered to reach the busy time for the year for listings and buyers I find that to be GREAT numbers for Rowlett homes for sale ... more
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Tue Feb 12, 2008
T.E. & Naima Sumner answered:
VA does negotiate. Once the slp expires and they don't get the amount they want to net, they start looking at offers as they come in. They do counter offer like foreclosures.

The only one out there that doesn't negotiate is HUD.

... more
0 votes 11 answers Share Flag
Sat Mar 13, 2010
Carlos Cavazos answered:
Well I'm sure your agent has run comparables on the neighborhood, however I have found when working with VA foreclosures that they are usually pretty willing to negotiate. You should find out when the bidding period is over if it hasn't already passed and then have your agent call and see if there are any other offers on the property. If not then go ahead and bid what you feel comfortable with. Hope this helps. ... more
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Sun Jan 27, 2008
T.E. & Naima Sumner answered:
It doesn't mean anything to me either. It may be the beginning of a sentense where it dragged on the private remarks... I'll be happy to look it up in the MLS and check the story on it. Feel free to call me at 214-289-8555

... more
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