Dallas Real Estate

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KB Home is opening a new home site in Lancaster, this well know builder has been building new homes since 1957 and opening new Hearthstone subdivision in Lancaster, TX on Saturday October 16th.

Do not miss the Grand Opening of KB Home’s all new Hearthstone subdivision in Lancaster. This is a great chance to tour the beautiful model homes as well as get your first choice of home sites. KB Home is featuring several floor plans in Lancaster which starts from 1 story as large as 2,200sqft and different styles of 2 stories with master bedroom down floor plans with media rooms and even dual masters. Read the rest of this entry »

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Real Estate Center prepares news about Dallas Real Estate, Frisco Real Estate and Texas Real Estate news weekly, here is good information about how economy is turning toward recovery, top two issues about commercial real estate deals and the health of residential and commercial real estate recovery. Read the rest of this entry »

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Texas Real Estate agents are concern about the recent declines in home sales is scalded.  When you look at the Real Estate history in the Nation, it is easy to see that there is a cycle, which is just how the Dallas real estate business works as well as the other areas.

Everyone is saying that it is a great time to buy homes in Dallas area! If you have the money or good credit and desire to buy a new Dallas house, you will get the best deal with lowest rates and lowest sales price. If you are the seller, than remember to put your Dallas home in a good price, it will more likely sell it. Homes current date on the market is changing every area in Dallas, Plano, Frisco, McKinney and surrounding areas. Read the rest of this entry »

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HUD Department of Housing and Urban Development announced that there are new changes on FHA Single Family houses guide. FHA loans changes are effective on or after October 4th, 2010. This mortgagee letter changes the new minimum credit scores and Loan to Value Ratio LTV requirements for FHA insured loans.

Here is the Summary of FHA Guidance on Minimum Credit Scores and LTV Requirements

  • Borrowers with a minimum decision credit score or above 580 are eligible for maximum financing.
  • Borrowers with a minimum decision credit score between 500 and 579 are limited to 90 percent LTV. Read the rest of this entry »

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We were getting a lot of questions about the lease property repair deductibles from landlords and tenants, here is the current information from TexasRealtors.com It is also helpful for new real estate investors in Dallas Texas area.

 Why was the repair deductible paragraph removed from the Residential Lease
The repair deductible was removed from the TAR Residential Lease (TAR 2001) because the intent of the paragraph has been misinterpreted. The repair deductible paragraph allowed a landlord to hold a tenant accountable for paying up to a specified amount to repair conditions that were not already required to be paid by a landlord. The Property Code and/or the TAR Residential Lease require a landlord to pay the entire costs of the following repairs: Read the rest of this entry »

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Majority of Dallas council calls for 4.91-cent tax increase that  Dallas Morning News Blog mentioned recently which does not make the Dallas residents the happiest residents so far. Most of the Dallas residents commented clearly that they found this increase ridiculous. Here is the part of the article about Dallas Property tax increase.

A majority of the Dallas City Council has agreed to raise taxes almost to the maximum rate allowed under law in an effort to restore a host of city services that stood to be slashed in Dallas’ coming budget. Read the rest of this entry »

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Dallas offers good affordable housing opportunities as well as great schools and new strong job opportunities by big headquarters in Dallas area. Most of the Real Estate Investors started to look at Dallas areas according to The Dallas Morning News recently Memphis investors just bought two more apartment communities in the area which shows the bright real estate investment opportunities in Dallas.

The Dallas Morning News just mentioned that Dallas-area home prices are still ahead of where they were a year ago, but the rate of increase has dwindled from earlier in 2010. Read the rest of this entry »

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Tucker Hill is a master planned new community in McKinney Texas which is north side of the City of Dallas.

Walking trails, open spaces, green preservation programs with attention to detail landscaping invites the new home owners to this lovely subdivision. Read the rest of this entry »

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Most of us wondering about the home prices, interest rates and economy nowadays and every one of us have different opinions. The Dallas Morning news has mentioned that more Americans expect home prices to drop which is one of the most asked questions to the Realtors lately. Read the rest of this entry »

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Memphis investors see easily what Dallas Real Estate offer for investors and here is the information from Dallas Morning News that Memphis investor buys two more Collin County apartment communities.

A Memphis apartment investor has acquired its second and third Collin County apartment communities in less than a week. Read the rest of this entry »

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