Dallas Real Estate and Short Sale Blog

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Real Estate Agent - RE/MAX Dallas Suburbs - TX Broker 0513551
Tom and Gina Branch, The Branch Team with RE/MAX Dallas Suburbs, service the greater North Dallas suburbs including Dallas, Plano, Allen, McKinney, Frisco, Lewisville, and Carrollton.

ARCHIVED BLOG POSTS

2010 

Regardless of the reasons used to explain the current mortgage crisis in the United States, the grim reality is that more homeowners are in financial distress than at any other time in the history of residential real estate, according to the Distressed Property Institute.  Hence, real estate Sho...
08/30/2010
Well, just when I thought it was not possible, Shaun Donovan, Secretary of Housing and Urban Development, said that the housing market's July woes were "worse than expected" and that the administration may support a new homebuyer tax credit. In an interview on CNN, Donovan said the administratio...
08/29/2010
Today was not a great day for news on the economy and its impact on the housing recovery.   The Commerce Department downgraded the economic growth rate to an anemic 1.6 percent, down from an initial estimate of 2.4 percent last month, confirming the economy has lost significant momentum in recen...
08/27/2010
If you've ever had an FHA mortgage, you may be eligible for a refund of the up-front mortgage insurance premium that was paid at closing. HUD has set up a website where you can search to see if you are due a refund. Click here to visit the HUD website. Beware of scams! You do not need to pay ano...
08/26/2010
Another short sale closed! The sellers avoided foreclosure, the buyers purchased a nice home at a discount, and the lender did not have the losses involved with a foreclosure. Many people feel that the nation's economy rises and falls with the housing market. While this is often true, we believe...
08/25/2010
I was interviewed by our local CBS affiliate a couple of weeks ago. They were doing a story on the slowing housing market.  There was only anecdotal evidence of the slow-down.  My view was that the current slow-down was the backlash from the Federal Tax Credits. I coined it, "Cash for Clunkers Co...
08/24/2010
Another short sale closed!  The sellers avoided foreclosure, the buyers purchased a nice home at a discount, and the lender did not have the losses involved with a foreclosure. Many people feel that the nation's economy rises and falls with the housing market.  While this is often true, we belie...
08/23/2010
We often talk about providing a level of service that creates "Raving Fans", people who really appreciate that service and go out of their way to tell others.  We call it, "Rock Star Status." It's a goal that we strive for in every transaction.   A Letter from A Recent Client To Whom It May Conc...
08/23/2010
Welcome to Allen, Texas! Our residents enjoy a wholesome community atmosphere with something for everyone. The City boasts an award-winning park system featuring neighborhood and community parks, hike and bike trails, and greenbelts. City facilities include a 27-hole public golf course, a large f...
08/22/2010
Leslie Ebersole's blog titled, "Selling Out of Area? Lost in the Burbs? When and Why I Accompany a Showing" had me laughing so hard that I had tears in my eyes. It reminded my of an old Texas chili story that makes the email rounds a couple of times a year.  This one still makes me laugh so hard...
08/22/2010
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Tom Branch

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