dallas real estate: New Home Purchases & How Not To Get Bent Over - 11/28/10 03:18 PM
Thinking of buying a new construction home? Good for you! Think you don't need a Realtor to help? Think again!!! Greg Nino in the Houston area put together this punch list of things you may not have realized and may help you understand why Realtors like us want to help you with these situations!
Via Greg Nino Houston Texas (RE/MAX West Houston Professionals):
New construction homes are an easy product to sell, especially to first time buyers. Here's a list of ten things you should remember when buying from a builder.
1. The builder will do everything in their power … (2 comments)
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dallas real estate: Sellers -- Don't disclose your bottom line to Agents you are interviewing! - 11/08/10 03:18 PM
Tish Lloyd put together a well written post with some excellent advice for everyone who is thinking of selling their home - sounds like common sense advice but some people may not realize just how important keeping your cards held close to the vest is!!! Check it out:
Via Tish Lloyd Real Estate Agent Wrightsville Beach, NC (Prudential Laney Real Estate 910.547.1446):
SELLERS -- DON'T DISCLOSE YOUR BOTTOM LINE TO AGENTS YOU ARE INTERVIEWING!
If you are planning to sell your home and are in the process of interviewing agents, please, DO NOT DISCLOSE YOUR BOTTOM LINE!
If you don't already … (1 comments)
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dallas real estate: You don’t need a 700 credit score & 20 percent down to buy a home – Credit Scores Part 1 - 11/02/10 03:39 PM
Jeff Belonger knows what he's talking about when it comes to the mortgage business! There are some rumors out there so I thought I'd get good, up to date info for you!
Via Jeff Belonger-The FHA Expert - FHA Loans - FHA mortgages - USDA loans - VA Loans ( - FHA Home Loans - Infinity Home Mortgage Company, Inc):
Your credit scores are important. Credit sometimes seems easy, yet at times can seem so complicated and might not make sense why your scores might be lower.
One thing that I want to make clear is that you don’t need … (1 comments)
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dallas real estate: Understanding Short Sale Transactions | A Guide to Short Sale Facts & Myths - 09/23/10 09:53 PM
Need to sell your home but your mortgage balance is more than you can sell it for? You may be able to do a short sale. Check out Bill's article about the ins and outs of short sales!
Via Bill Gassett Metrowest Massachusetts Real Estate (RE/MAX Executive Realty):
Understanding Short Sale Transactions | A Guide to Short Sale Facts & Myths
A short sale unfortunately has become a common buzz word in the Real Estate industry. For those that have been hearing the term "short sale" and don't quite understand what it means, a short sale is … (2 comments)
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dallas real estate: Crafting a strategy prior to writing an offer is essential in today’s market. - 09/23/10 11:08 AM
When buying a home in todays market, many people think they can accomplish two opposing things - getting a steal of a deal and getting the house of their dreams. Occasionally this can happen, but realistically prudence dictates that if you really want something you should be prepared to pay a fair price. Richard Weisser put together some good points to consider - check it out!
Via Richard Weisser Coweta Fayette Real Estate:
Every buyer is different. And every buyer has different needs, wants, and expectations when it comes to purchasing real estate.
So when it’s time to write an … (0 comments)
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dallas real estate: Right of Offset..Yet Another Trick Up The Lenders Sleeve - 09/02/10 04:39 PM
Going through a short sale or other difficult situation with your home? Here is some very important information about your bank and what they could do to you!
Via Bob Hertzog (Summit Home Consultants):
Right of Offset..Yet Another Trick Up The Lenders Sleeve
Folks, this is scary stuff. Yesterday, I received a call from one of my clients, telling me that her bank recently withdrew money out of her account to pay part of her missed mortgage payments. We are in the middle of the short sale process, and she happens to bank at the same institution that holds her 1st … (3 comments)
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dallas real estate: Does HUD owe you a refund for an old FHA loan? Here's how to find out. - 08/26/10 03:45 PM
You know how sometimes you wish you would stumble across some money you forgot about or lost? Well, Sally Dunbar came across a resource where you can easily check to see if you are due a refund from HUD for an FHA loan sometime in the past! Check it out!
Via Sally Dunbar Fair Oaks Homes for Sale (Lyon Real Estate, Fair Oaks ('burb of Sacramento) CA):
If you have ever had an FHA loan, Uncle Sam may owe you a refund. HUD has been stepping up efforts lately to identify people who have a refund due, but have not collected. "Could that … (1 comments)
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dallas real estate: Condo at 4112 Bowser, Dallas TX #206a - 07/17/10 11:33 PM
Ready for you is a beautifully updated 743 square foot condo located in the highly desireable Oak Lawn area of Dallas! It is a 1 bedroom, 1 bath unit with a private balcony!
The kitchen has been updated completely with everything from granite counters to stainless appliances! New cabinets complete the space!
The large living area has tons of natural light and a wood burning fireplace!
The large bath has updated amenities as well and has plenty of room for you!
There is a large, peaceful and beautifully maintained courtyard in the middle of the … (2 comments)
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dallas real estate: Servicers get Ranked on Short Sales! - 06/27/10 04:52 PM
Thinking of buying a home that is being sold as a "short sale"? You need to be very clear on one main thing - short does not refer to how long the process takes! Be prepared to wait a long long time before you know if you will be ever actually be moving into that short sale listing! Heres a list that may give you an idea of how long it takes before the bank decides whether to accept an offer or not on a short sale.
Via RE/MAX Benchmark- "REMO@Remax!":
Is there progress among servicers in the short sale world? … (1 comments)
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dallas real estate: BUYING A NEW HOME IS COMPLICATED. GET SOME HELP. IT WON'T COST YOU A DIME! - 06/09/10 05:40 PM
We come across many people - especially first time home buyers, who think that they don't need and in fact will save money buying a new home if they do not use a Realtor to represent them! This in every way is completely untrue! Lenn Harley writes about it for us...
Via Lenn Harley, Homefinders.com, MD & VA Homes and Real Estate:
BUYING A NEW HOME REALLY IS COMPLICATED.
WORKING WITH AN EXPERIENCED NEW HOME BUYERS' AGENT IS NOT!
William True offers a few suggestions about buying a new home, price vs. incentives and upgrades, etc in his article, Are Builder Incentives … (0 comments)
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dallas real estate: HGTV Show "My First Sale" is looking for Dallas,TX area 1st time home sellers! - 06/01/10 06:19 PM
If you're thinking of selling your home soon, you may have a golden opportunity to have tons of exposure as well as free professional staging advice from Karen Otto with Home Star Staging!
Check it out!!!
Via Karen Otto, Home Stager, Plano, TX 469)964-0516 www.homestarstaging.com (Home Star Staging):
I received an email tonight from an Associate Producer with HGTV regarding candidates for their show, "My First Sale". As a special incentive, Home Star Staging would be willing to provide your potential home seller a free home staging consultation should they be chosen to particpate in the show. Please call me to schedule should you … (1 comments)
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dallas real estate: Home Inspections for Buyers - 03/22/10 03:56 PM
Buying a home? Well I'm sure you know that you should have it inspected to make sure of the condition before you are locked into buying the home. Jerri McCombs may be a Realtor from North Carolina but what she has written about home inspections applies here too! Thanks Jerri for spelling it out so well!
Via Jerri McCombs (Keller Williams Realty Mtn Prtnrs):
What is Involved in Home Inspections For buyers
As a buyer, you may be asking yourself whether you really need to spend the money for a Home Inspection. I would have to say that there is no … (3 comments)
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dallas real estate: Dallas area home prices up 3% - did you miss buying at the bottom? - 02/24/10 09:21 AM
Standard and Poor's/Case-Shiller's home price index was released yesterday, in it was data showing that the Dallas area home prces were up 3% over December sales last year. In November prices were up 1.4% - resulting in the first 2 month stretch of gains in more than 2 years! In fact Dallas was #2 behind San Francisco (+4.8%) in December price gains - and beating out Washington D.C. where there was a 1% improvement.
D'Ann Petersen - a business economist for the Federal Reserve of Dallas was quoted in the Dallas Morning News as saying:
The gains in local prices … (4 comments)
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dallas real estate: FHA loans vs Conventional loans - Don't be cash poor!! - Part 2 of 3 - 02/08/10 01:17 PM
Here is part 2 of noted Mortgage Specialist Jeff Belonger's series on FHA vs Conventional loans and how your down payment amount affects your situation. Remember "Cash is King". If you put all your savings into your home purchase, will you have what you need if theres an emergency or hard times? Read on for enlightenment. Part 3 will be posted soon.
Via Jeff Belonger -- The FHA Expert.com -- FHA Loans -- FHA mortgages - USDA loans (Infinity Home Mortgage Company, Inc):
Don’t be CASH POOR – CASH is KING
FHA loans have been used more in … (3 comments)
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dallas real estate: First Time and Existing Homeowner Tax Credit Information - 01/27/10 12:15 PM
There is still an opportunity available for most people who are thinking of buying a home to take advantage of several things that are working to increase or leverage your buying power!
The first and most urgent one to consider is the available Tax Credit thats there for the taking.
If you're a first time buyer (one who hasn't owned a home in the last 3 years) you can get up to $8,000 back on your taxes! Money you do not have to pay back!
If you are an existing homeowner, you can get a tax credit as well - up … (0 comments)
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dallas real estate: First Time and Existing Homeowner Tax Credit Information - 01/27/10 12:14 PM
There is still an opportunity available for most people who are thinking of buying a home to take advantage of several things that are working to increase or leverage your buying power!
The first and most urgent one to consider is the available Tax Credit thats there for the taking.
If you're a first time buyer (one who hasn't owned a home in the last 3 years) you can get up to $8,000 back on your taxes! Money you do not have to pay back!
If you are an existing homeowner, you can get a tax credit as well - up … (0 comments)
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dallas real estate: FHA Loans - Some rumors are now reality - Important information about FHA mortgage changes !!! - 01/20/10 04:14 PM
The rules regarding FHA home loans is an ever changing book! Today several changes were announced. Some take effect right away while some will come later in the spring. Jeff Belonger is always a great source to get the latest news regarding loan information and he has a knack for laying it out there so its easy to understand. Check it out:
Via Jeff Belonger -- The FHA Expert.com -- FHA Loans -- FHA mortgages - USDA loans (Infinity Home Mortgage Company, Inc):
FHA Loan rumors now become a reality – So what happened?
Wow... I just … (1 comments)
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dallas real estate: HOME MORTGAGE INTEREST RATES STILL LOW - IT'S A GOOD TIME TO MAKE THE DECISION TO BUY A HOME! - 09/30/09 11:30 AM
Still waiting for a good time to buy a home? Look around! What are you waiting for?? Home values are starting to come up in many areas, interest rates are at historic lows, and for the first time buyer theres $8,000 waiting for you to claim it!! If you wait you could lose out on many fronts and your buying power will be drastically reduced!
Lenn Harley is a real estate expert and has outlined and put into perspective todays buying climate and its definitely worth knowing! Check it out!!!
Via Lenn Harley, Homefinders.com, MD & VA Homes and Real … (1 comments)
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dallas real estate: Credit scores - FICO scores for mortgages - I need a 700 credit score? - 09/15/09 04:11 PM
Not sure about whether or not your credit score will allow you to qualify for a home mortgage? With the looming deadline for the $8,000 tax credit you don't have a minute to waste! Read up on Jeff Belongers information and then get yourself pre qualified and lets go find your new home!!!
Via Jeff Belonger -- The FHA Expert.com -- FHA Loans -- FHA mortgages - USDA loans (Infinity Home Mortgage Company, Inc):
Yes, credit guidelines have gotten tougher, but NO, you don’t need a 700 credit score.
Here we go again, with realtors making things … (2 comments)
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dallas real estate: I'd like to sell but the market... - 03/04/09 10:57 PM
So, this is the time of year when we all start seeing For Sale signs popping up all over the place right? Well, this year I'm not seeing nearly as many so I think people are worried that they may not get what their house is really worth. Unfortunately, your house is worth exactly what it's worth right now and what it may have been worth a year or 2 years ago is ancient history! You would like to buy a bigger or nicer home, maybe in a better neighborhood right? Lets take a look at the market today and compare … (7 comments)
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