Making a Lowball Offer on a DFW Home
Monday, December 14
Many potential DFW homebuyers thing a good strategy for making their home offer is to make a lowball offer thinking and assuming that they make get lucky and get their offer accepted. They figure the worst case is that the seller will counter their lowball offer, maybe half way, and they will st...
How to Find a Plano Foreclosure Buyers Agent
Monday, December 14
Plano foreclosure listings offer potential homebuyers an opportunity to buy a home under market its value. With that said, keep in mind that not every foreclosure listings is a great deal. In many ways, these foreclosure listings aren't any different from any other type of listing. Buyers will f...
Buying a Plano Home After a Foreclosure
Monday, December 14
Who or What is Fannie Mae? Fannie Mae is the entity that holds great power in the conventional mortgage market. Fannie Mae is not a governmental agency as most think but is private corporation and is America's largest home mortgage buyer, Fannie Mae buys home mortgage loans in the secondary mor...
Who Pays The DFW Real Estate Commission
Saturday, December 12
To understand who pays the DFW real estate commissions let’s look at how real estate agents are paid and how and why they share their commissions with other cooperating agents. It can be a bit confusing so don't be embarrassed if you don't know how the commissions structures work. How Real Est...
How Does a Dallas Foreclosure Work?
Saturday, December 12
When home buyers want a great deal in Dallas real estate they invariably think about buying a foreclosure first. Buyers usually have a picture in their mind of that perfect little house that was lived in by a little old lady who fell on hard times and, by the way, kept the home in tip top condit...
Tips For Buying a Dallas Foreclosure Home
Tuesday, December 08
There are lots of savvy Dallas homebuyers who want to hit the jackpot by buying a Dallas Foreclosure because they believe that many of these homes are under priced. When banks price their foreclosed and REOs (real estate owned) homes under the comparable home sales they often receive multiple off...