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Home Buying in Rowlett : Real Estate Advice

  • All76
  • Local Info7
  • Home Buying22
  • Home Selling2
  • Market Conditions1

Activity 15
Sun Jan 6, 2013
Bruce Lynn answered:
Do a straight lease now, get your collections cleaned up and then buy with bank financing.

You'll save yourself a lot of headaches.

We always say never ever lease to own.

It's just a good way to spend your hard earned cash without often a good outcome.

You can always offer to buy the home you're renting when you are ready....or you could choose any other home.
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0 votes 3 answers Share Flag
Wed Dec 5, 2012
Mindy Farris answered:
I have a loan officer who can answer that question very quickly for you. Let me know if you would like her number. Call me at 469.569.2968 to discuss further.
0 votes 11 answers Share Flag
Wed Sep 25, 2013
Dixon Wong answered:
It depends on his credit.

I would be more than happy to help you along with my lender.

You can email me at dixondfw@gmail.com or call me at 214-519-9493.

Dixon
Realtor
JP and Associate
www.findyourtexashome.com
dixondfw@gmail.com
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0 votes 6 answers Share Flag
Wed Jul 8, 2015
Dallas Texas answered:
My website is extremely detail about the properties HOWEVER based on what listing agent post in MLS.

Rockwall homes for sale Rockwall Tx
http://www.lynn911.com/Web/AR287090/CustomContent/index/5057994?IDXSESS=ts80jh3gpmj78mel05ht993233

Contact my office today
Lynn911 Dallas Realtor & Consultant, Credit Repair Advisor
972-699-9111
http://www.lynn911.com

Follow me on Facebook
www.facebook.com/lynn911dallas
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0 votes 9 answers Share Flag
Wed Dec 5, 2012
Irina Karan answered:
The credit reporting agencies are implementing two new codes for the short sales.
You might want to run your credit report with 3 scores through the mortgage co. or a bank you might finance your purchase in...It might just be that you were lucky and nothing will show.
Or, you'll find out that you'll have to wait 3 years to restore your credit from the short payoff.
Pre-approvals are normally free, and the mortgage companies and banks now run your data through DU for the pre-approval.

If your credit is good right now, go ahead and buy now, before the new codes kick in.
If it is not good, consult a couple of mortgage pros as to what to do to restore your credit the best and fastest way.

Hope this helps!

Irina Karan
Beachfront Realty, Inc.
305-904-2355
IrinaKaran@gmail.com
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0 votes 10 answers Share Flag
Sun Nov 18, 2012
Brian Rayl answered:
Harder to sell? Not necessarily. It all depends on what type of home is being bought/sold. If the home is a 6 bedroom home, a 3 car garage would be nice. But then again, a home theater would be nice too. If your home has a theater and a 2 car garage as opposed to no theater and a 3 car garage, is there really any difference?

It all depends on the home buyer and what their needs and situation are.

If you would like a detailed market analysis for a particular property, I'd be happy to take a look for you.

Brian Rayl
Keller Williams Elite
972-949-4222
Brian@Rayl-Estate.com
http://brianrayl.com
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0 votes 4 answers Share Flag
Thu Jan 14, 2016
Stacy Jenkins answered:
Yes, yes and yes. Most for sale by owners are not aware of disclosures that could protect you the buyer and keep you and him out of a potential lawsuit in the future. In Texas, agents can talk with the seller on your behalf and request that all disclosures are filled out and delivered to you. You are entitled to an option period, that most sellers are unaware of, that enables you the consumer to do your inspections and negotiate repairs with the option to terminate your contract with the seller if you cannot reach agreement . There are so many other factors that are involved with a home purchase. You need to make sure you have a licensed professional in your corner to help you navigate this process. Always remember, if the seller agrees to allow the agent to write up your offer, he will probably agree to pay the agent's commission so you are not out of pocket for those costs. So what do you have to lose? ... more
0 votes 14 answers Share Flag
Wed Apr 27, 2011
Tony McMahon answered:
It all depends on the market value of your home, you probably will not recoup dollar for dollar, but it may differentiate your home from similar homes that don't have the additional living space, and lead to a quicker sale. ... more
0 votes 7 answers Share Flag
Wed Jun 26, 2013
Sally Grenier answered:
Now is an excellent time to start exploring areas you think you might be interested in. Go to open houses, and drive around neighborhoods. You can also start looking for a Realtor now, who can represent you as a buyer's agent. He/she can set you up for a search in the MLS and email listings to you automatically as they come on the market. Once you find a place and your offer is accepted, it can take as little as 3-4 weeks to close.

If you need the name of an agent in your area, let me know!

Sally
sally.grenier@coloradohomes.com
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0 votes 6 answers Share Flag
Fri Jul 9, 2010
Anna M Brocco answered:
Not knowing your overall financials--If you haven't done so yet, visit with any qualified loan officer(s) first--see what your budget can handle and have your credit score checked--their scoring is often different. If your credit needs improvement, your loan officer may suggest great ways to quickly improve your score--then go from there. ... more
0 votes 7 answers Share Flag
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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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
0 votes 6 answers Share Flag
Sat Jun 20, 2009
RJ Avery answered:
For Rowlett this is definitely going to be one of the nicer neighborhoods. However it is a quite large development and does have a large range of house sizes. This particular phase would be larger homes for sure. If you send me your email I can send you the comps. The current annual taxes on this property are $7773. They have dropped the price by about 15k. You really never know how low a seller will go til you start writing offers. I am very familiar with the area as a whole, including Rowlett, Rockwall and many other areas.

I would love to help you find a new home in Texas and dont mind helping you look in a few different areas. I am a full-time Realtor and my lack of a large name broker allows me to rebate you 20% of the commission I make off the sale after closing.

Dont hesitate to call
RJ Avery
214-682-0598
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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...
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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!
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