Uptown Homes for sale – Today’s Real Estate Stats!
Uptown homes quick stats: There are currently 129 properties on the market from $120000 to $7,500,000. Uptown’s median list price is $$1,323,376 with 252 Days on Market. The median sale price is $811,243 with 92 Days on Market. Of the 117 active listings 3 are foreclosures/REO and 18 are builder owned. The thing I find [...]
Will my debt be forgiven with a short sale?
Just this week I had a client balk when the I asked for updated paystubs and bank statements. They are in the process of a short sale and it’s been forever since we submitted to the offer to the lender. Once the mitigator was finally assigned to the case, he needed current paystubs – within [...]
Highland Park homes for Sale – Today’s Stats
Highland Park homes quick stats: There are currently 117 properties on the market from $399,000 to $15,500,000. Highland Park’s median list price is $2,685,345 with 149 Days on Market. The median sale price is $1,806,510 with 129 Days on Market. Of the 117 active listings 0 are foreclosures and 15 are builder owned. I have [...]
When my clients say their loan is with Bank of America …
…I gotta really feel for them or have known them forever to actually agree to work with them because: 1) Loan Mods/Short Sales are 1000 x harder than they could/should be 2) I can close 4 “normal” houses in the time it takes me to close a short sale. 3) Bank of America is tied [...]
Oak Lawn Homes For Sale – Update!
Oak Lawn homes quick stats: There are currently 65 properties on the market from $59,900 to $4,500,000. Oaklawn’s median listing price is $611,022 with 126 Days on Market. The median sale price is $364,340 with 86 Days on Market. Of the 65 active listings 6 are foreclosures and 3 are builder owned. WOW! a list [...]
Is it in our best interest to get a prinicple reduction?
According to DSNews – Default Servicing In Print and Online our legislators want to see more principle reductions included in the banks’ loss mitigation programs. State Regulators Say Federal Foreclosure Prevention Program Falls Short Top officials from across the country warned policymakers in Washington this week that efforts to stem the housing crisis are falling [...]
$134 Billion Loans Set To Recast in the next 24 months
For me and my clients, it seems like we have passed through the eye of the financial tornado. Now the question everyone is asking is “will there be a second wave”. I know it feels like we have been in this wreckage for MANY YEARS but it has only been 2.5 – which means that [...]
NO More 90 day rule for FHA financing!
FHA tried to limit flipping by not allowing financing on a property that was flipped. Their 90 day rule did not allow financing for a property that the seller had owned for 90 days or less. The ultimate result was that FHA buyers had to buy from owners only and could not buy fixers or [...]
Addison Office Complex Changes Hands
ADDISON (Dallas Morning News) – TriGate Capital LLC has purchased three office buildings in the Quorum office park from GE Capital. The sale includes the eight-story Landmark building at 14800 Landmark Blvd., the six-story Emerald Plaza at 14900 Landmark Blvd. and the five-story 14850 Quorum Dr. building. The buildings’ total of 320,000 sf makes the [...]
Commercial Money is Coming Back in Dallas
UPTOWN’S CARLISLE ON THE CREEK SOLD DALLAS (Dallas Morning News) – A California investment firm has purchased the 176-unit Carlisle on the Creek apartments in Uptown from Gables Residential. The 3.75-acre property was developed in 1967 and is over 90 percent occupied. Apartment Realty Advisors handled the sale. BOXER BUYS CARILLON TOWERS DALLAS (Houston Business [...]
keep looking »