Plano, TX Real Estate News

By Patricia Feager, MBA, CRS, GRI,MRP, Selling Homes Changing Lives
(DFW FINE PROPERTIES)
  Jobs  New Toyota North American Headquarters New Liberty Mutual Insurance Regional Office New FedX Worldwide Headquarters   Opportunities California is moving about 4,000 jobs from Toyota to Plano 5,000 jobs for Liberty Mutual 1,000+ jobs for FedX  Texas continues to be an example of economic growth in oil and opportunity and the butter doesn't stop there.  Upcoming Events Ribbon Cutting & Grand Opening - RaceTrac Petroleum - August 21, 2015 Plano Bridal Show - August 23, 2015 Ribbon Cutting & Grand Opening - Brookdale Senior Living - Brookdale Creekside - September 3 Young Professionals of Plano (YPP) Live @5 - September 8, 2015 Annual Plano Balloon Fest - September 18-20 2015 (Celebrating 36 years)  Schools - Plano Independent School District: http://www.pisd.edu/Home of the Wildcat...
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By Amanda Thomas, ​Broker, SRES®, BPOR, MCNE, ​Certified DRS Agent™
(Providence Group Realty)
The relationship between Lenders and Borrowers is based on trust. Whether dealing with a Mortgage Banker, Mortgage Broker, Wholesale Lender, Portfolio Lender, Direct Lender, Correspondent, or Bank / Credit Union (see definitions here), a Borrower must feel that they are being treated honestly and fairly in order to successfully complete a real estate transaction with a given Lender.In a Realtor's® line of business, we see all and hear all. When a title company or lending vendor isn't delivering according to a Buyer's expectations, we are the first to know about it.As Consumers, we don't always know the right questions to ask or what to avoid. We make decisions based on gut feelings or recommendations we have received from others / online reviews. And sometimes, even though we receive wa...
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By Amanda Thomas, ​Broker, SRES®, BPOR, MCNE, ​Certified DRS Agent™
(Providence Group Realty)
One of the most important responsibilities a Realtor® has involves "pricing" properties and offering opinions of value for real estate.Buyers, Sellers, and Lenders all depend on Realtors® to deliver a quality analysis to help them make accurate and informed decisions about a property's value.Whether you are a Realtor® looking for a soft and fun way to introduce the concept of property valuation to a classroom of young students for your Career Day presentation, or whether you are a general consumer trying to make sense of the multitude of pricing resources available on the world wide web or through other individual providers, this slideshow can help explain the goals and expected outcomes of a meaningful report.Keep in mind that there are many ways to perform a CMA or BPO, and that repor...
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By The Legacy Group, The LegacyGroup of CrossCountry Mortgage
(CrossCountry Mortgage)
The Legacy Group is happy to announce a new mobileAPP that allows home buyers to search for real, up to the minute, live MLS listings. The app is called “Home Scouting” and is aFREE home finding service provided directly to consumers by Home Buyers Marketing II, Inc, a licensed brokerage services company. Whether you’re ready to buy a home or just browsing, you’ll want to take advantage of the free Home Scouting app. This convenient app makes findingYOUR dream home fast and easy. Home Scouting provides you with 100% of theACTIVE MLS listings, unlike some other public home search websites and apps. You receive the most accurate informationAVAILABLE and with Home Scouting you can: ·         View every MLS listing·       Schedule a home showing·         View sold home information·         ...
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By Tracy Lee Parker, Buy*Sell*Lease
(RE/MAX DFW Associates/PLATINUM PROPERTIES & MANAGEMENT)
Need a home with a Flex Space? Grenadier Homes in Wylie and Plano is for you! With homes in Wylie Schools or Plano Schools this builder has a floorplan that is highly desired by many.....With a Flex Space! This space can be used for mother in laws, a homeschool room, a home office or storage! The space in itself is flexible too:  you can add a small kitchen add a full bathroom add a row of closets  the space can have it's own private door going to the outside or a door into the main home  So many choices!!! The homes range from $300,000 to the mid $400,000. You can have the home built or call for homes that are already built and move in ready!  Click  here for Grenadier Homes Communities in other areas of  the DFW Metroplex. 
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By Adam Franzetti, Work With A Specialist!!
(Franzetti Real Estate)
Cypress Point Homes For Sale In Plano TexasStreet View - homes for sale in Cypress Point, Plano Tx 75293  Access MLS homes for sale in Cypress Point Looking for a new home, but need to sell your current home in the Dallas, Texas area first? Our team of specialists are active throughout the entire DFW metroplex. You can request a personal home valuation  and see where you stand as a seller.Custom Gated Homes Cypress Point homes for sale in Plano Texas provide easy access to anywhere in the North Dallas area. This gated community includes homes featuring a variety of elevations, floor plans and custom styling. Years built range from 1994 to 1999 and layouts feature 3-5 bedroom homes with up to 4 bathrooms. Featuring an average home size of around 4100 sqft and ranging from 3700 sqft all t...
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By R. Bruce Lynn, Broker Associate and Your Realtor
(Keller Williams Realty-DFW Preferred)
Access all MLS homes for sale near Toyota HDQ in Plano, TXThe Toyota North American Headquarters complex is located in the City of Plano near the corner of 121/George Bush Tollway and the Dallas North Tollway.  It looks like there will be as many as 8 corporate buildings and even a test track.  The campus is bound by Headquarters Drive to the south, Legacy Drive to the East and State Highway 121 to the north.  There are many new homes available as well as established neighborhoods in many different price ranges depending on what city you want to live in, how close you want to be to the office, and what type home you want.   Many of the people we have talked to want to live in Plano, Frisco, McKinney, and Prosper.  Call the TeamLynn the Red Tiger team at 214-675-6992 or see us on the web...
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By Drew Parker, Realtor providing service to Dallas metroplex
(Keller Williams)
Townhomes for Sale at Legacy Town CenterFind similar townhomes for sale to the Legacy Townhomes, Plano, TXIn this highly sought after luxurious townhome community in Legacy Town Center, homeowners can enjoy convenient access to major roads such as the Dallas Parkway and Sam Rayburn Tollway. A unique feature of these townhomes is there prime location to the Shops of Legacy, with boutique shops and amazing dining. If you're looking to tee up on the golf course, these townhomes are a short drive away from the renowned Stonebriar Country Club. Luxurious Townhomes These townhomes generally range from 1200 sq. ft. to 2200 sq. ft.. The typical floorplan has 2 bedrooms and some even have as many as 3 bedrooms. These luxurious townhomes feature a rare garage entry to the home, granite countertop...
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By Patricia Feager, MBA, CRS, GRI,MRP, Selling Homes Changing Lives
(DFW FINE PROPERTIES)
  M/I Homes in Plano at was an easy choice for my clients whose property sold in a very short time by a cash buyer. One of the risks a seller takes when putting their home on the market and going under contract quickly is, where will I find a better house than I'm living in now in as short a time as possible, in the price range I'm looking, and in the amount of time it takes to sell my own home?  Like many other sellers today, they found themselves in a market where there was low inventory, homes they made offers on were already under contract, or there were multiple offers. My clients chose not to go into a bidding war and searched every possibility. For all of us, it was exhausting. Finally, they decided on new construction. The home they chose is not expected to be completed until th...
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By BILL CHERRY, Broker & Wealth Coach
(Bill Cherry, Realtor)
   I stopped by for a business meeting with a lady who lives and -- with her husband -- owns a home in Plano.  It was listed with another agent for just shy of $525,000. The couple's children were pretty much gone from home, and the couple decided the smart thing to do was to downsize. Since the agent's sign was in the yard.  I commented on it, and learned that several contracts had been submitted.  Each one had fallen out because the prospective buyer wasn't qualified. How did that happen?  Nevermind, it gets worse. A day or two before I came for my appointment, a co-op agent brought a woman by to see the house -- it was the woman  and at least two, if not three teenage children. When my friend returned home after the showing, a multitude of items of her personal property upstairs had ...
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By Patricia Feager, MBA, CRS, GRI,MRP, Selling Homes Changing Lives
(DFW FINE PROPERTIES)
   The housing market in Plano, Texas continues to peak the interest in people currently living in the City of Plano, its surrounding areas, and many people relocating to the area. The new Toyota Corporate Headquarters is bringing lots of new people to Texas.  Currently there are sufficient listings to choose from; however, for the purpose of this Marketing Report, I shall focus on only 96 active listings in Plano in the square footage range from 1,875 to 3,162. Pre-existing single family residential properties list from $195,000 to $599,000.  You would think that with this quantity of available homes, there wouldn't be a problem in finding homes for all prospective buyers. If only that was true... People, like houses comes in all different sizes, shapes, and characteristics. As people ...
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By Patricia Feager, MBA, CRS, GRI,MRP, Selling Homes Changing Lives
(DFW FINE PROPERTIES)
   Now playing at the Angelika located at 5321 E Mockingbird in Dallas until Thursday, 5/29/2015 is an inspiring film by Frederic Tcheng, DIOR AND I. It's not just a movie about fashion, it's a story about a man with vision, Raf Simons   was new to Couture; yet he was chosen to create a Collection for DIOR and he did it in 8 weeks. From the beginning he met many challenges; yet he never gave up and worked through it all with a Team of experienced fashion designers. The emotions you see at the end of the film is real. What impacted me the most is seeing stragetic planning coming to fruition when everyone works together to achieve a common goal. What are the major components of stragetic planning? They are: Mission StatementVision StatementValue Statement or Guiding PrinciplesSWOT (Streng...
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By Amanda Thomas, ​Broker, SRES®, BPOR, MCNE, ​Certified DRS Agent™
(Providence Group Realty)
While the word "Stigmata" may prompt images of of Rupert Wainwright's 1999 horror flick, Buyers and Sellers should be aware that certain property conditions could leave a mark on property value.The word 'stigma' is defined as "a mark of disgrace or infamy; a stain or reproach, as on one's reputation" (Dictionary.com). The plural form of the word is 'stigmata'.What Is A Property Stigma?A property stigma is a condition that lowers the actual or perceived value of the subject property due to adverse conditions or tragic events that have occurred on the property - but not relating to the property itself. Disclosure requirements vary from state to state, and by Seller type. Here are a few examples: Property has a fire stigma Property has a flood stigma Property has a dark history stigma rela...
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By Amanda Thomas, ​Broker, SRES®, BPOR, MCNE, ​Certified DRS Agent™
(Providence Group Realty)
It doesn't matter if you are a BUYER, a SELLER, or a Realtor® -- what you post on social media can and will be used against you in the course of a real estate transaction -- and beyond!Remember how elated you were when you sat on market and eventually received your first offer? Remember when you posted about your success online with the words "FINALLY got a bite on our property!"  -- and all of your friends all congratulated you on your long-overdue success?Remember how excited you were to find the Seller accepted your offer and that you had finally found the "house of your dreams" -- the one you "couldn't live without"?Remember how, as an agent, you made a derogatory comment about a "difficult client"? Or shared (in a moment of weakness) your fear of making it in the industry due to a ...
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By Amanda Thomas, ​Broker, SRES®, BPOR, MCNE, ​Certified DRS Agent™
(Providence Group Realty)
FSBO: For Sale By OwnerWay to go, Mr. FSBO! You have now made yourself a target for exploitation by a savvy Buyer who knows better than to go into this transaction unrepresented.While you were busy 'scouring the interwebs' for 'free' answers to next steps, your Buyers were leveraging information about everything you DON'T know...You don't know the process. You don't know the paperwork. You don't know what is legally required of you to get to the closing table or what you are liable for after closing.Your Buyers are exercising their rights to representation, and while you are relying on their agent to facilitate the entire process (because you don't know what you don't know),  their agent represents THEIR interests -- not yours!Do you even know what your home is worth?Granted, the above ...
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By Karen Otto, Plano Home Staging, Dallas Home Staging, www.homes
(Home Star Staging)
COLLIN COLLEGE, Plano, TX is once again offering an 8 hour Home Staging CE course. One course selection time offered this Spring 2015 Semester! May 30th and June 6th, 2015 Two Saturdays 9 AM - 1 PM Courtyard Campus Plano, TX.This fun, practical and highly informative Home Staging class is designed for the home seller, Realtor, investor or ANYONE who would like to know more about marketing and preparing a home for resale using home staging. Read here about one student's experience after taking this class.Please note: Realtors: This course does NOT provide TREC MCE hours. However I do offer and teach a TREC approved separate 3 hour MCE course should your office be interested in that.Learn directly from a working North Texas professional home stager, Karen Otto the benefits of home staging...
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By Amanda Thomas, ​Broker, SRES®, BPOR, MCNE, ​Certified DRS Agent™
(Providence Group Realty)
Last March, we alerted Buyers and Buyers Agents to a change in FHA lending that feels disheartening to many -- the "Anti-Flipping" rule was reinstated. This rule prevents loan applicants from getting approval for homes that have been owned for less than 90 days by the Seller. Today, we want to share some happy news about FHA... Lending limits have increased for FHA loans in several Texas counties! (See FHA's website for full details about Texas and other states.)The DFW Metroplex is benefitting from the increase for 2015 as follows: Single Family $310,500 Duplex $397,500 Tri-plex $480,450 Four-plex $597,100 This recent change also has served to normalize disparities within the Dalls-Fort Worth-Arlington, TX MSA... In prior years, the loan amounts varied between Collin and Rockwall count...
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By Amanda Thomas, ​Broker, SRES®, BPOR, MCNE, ​Certified DRS Agent™
(Providence Group Realty)
Sometimes a roof can naturally reach its end of  life. Texas heat can also work to prematurely age a roof when a home's attic area lacks sufficient ventilation. Intensely high temperatures can literally "cook" a roof from the inside out, and will often show up in the form of a "blister" or granulated shingles, which is often mistaken by many homeowners (and even some home inspectors) as hail damage.Last week, we received the following letter as part of a Seller's Disclosure package. The letter noted that the homeowner filed a claim for roof replacement in October of 2014, which was subsequently declined. Whatever damage existed was simply not covered under the homeowner's insurance policy.    While the Seller's action to include this letter as part of the disclosure package was honorabl...
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By Amanda Thomas, ​Broker, SRES®, BPOR, MCNE, ​Certified DRS Agent™
(Providence Group Realty)
We are pleased to announce that Amanda Thomas has been selected as a 2015 FIVE STAR Real Estate Agent Award recipient for the Dallas/Fort Worth Area.Five Star Professional partnered with Texas Monthly to recognize a select group of Dallas area real estate agents who provide quality services to their clients. Award winners represent fewer than 7 percent of real estate agents in the Dallas/Forth Worth region. They have proven to be outstanding in their field by receiving high client satisfaction ratings and exceeding objective criteria involving experience, production levels, and disciplinary history.Mrs. Thomas was initially recognized earlier this month via PRWeb, when the news was initially released by FIVE STAR Professional. Amanda will be featured, along with other award winners, in ...
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