Richard Weeks, REALTOR®, 's Blog

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ARCHIVED BLOG POSTS

2011 

A prospective seller asks a salesperson to recommend a listing price for a property. The salesperson best course of action would be. a. advise the seller to have the house appraised, and recommend 3 appraisers... b. give the seller a ball park estimate of value. c. use the cost approach to determ...
03/31/2011
On Monday April 4th - Thursday April 7th I will be teaching Principles 2 at Champions School of Real Estate in Plano.  This is one of the four required courses and a great place to jump in and get started. The information we will cover consist of: an introduction to the Texas Real Estate License ...
03/29/2011
Mingas  are a Tex-Mex popular breakfast dish, usually made with scrambled eggs and  torn corn or flour tortilla's cooked with the eggs. Other ingredients are added according to ones taste. We like this combination 3 corn tortillas 8 eggsSalt and pepper to taste (kosher or sea salt works well)1 ta...
03/29/2011
I had the privilege of teaching a great class this past weekend. It was a Principles 1 class, one of the four required courses to get a real estate license in Texas. It was a small class, only 4 students.  Out of the 4 three were school teachers.  One retired after teaching over thirty years in t...
03/29/2011
Just received a box of CAO  Gold Churchill maduro.  This is a 7 inch 48 ring size smoke. The CAO Gold series, introduced in 1996, has received some of the highest ratings in the industry. This cigar features an Ecuadorian Connecticut seed wrapper, along with aged Nicaraguan binder and filler. Smo...
03/29/2011
A couple signed a lease on an apartment for a period of 1 year. The lease does not contain an automatic renewal clause. They have decided not to renew their lease. How much notice must they give to comply with the lease term? a. 30 days notice. b. no notice is required. c. all leases must automat...
03/28/2011
An owner wishes to have a survey made of a property . It is 140 feet on the front, 189 feet on the north side, 120 feet on the back and 186 feet on the south side. It is not in a recorded subdivision. Which survey method would be most appropriate for the parcel? a. lot and block b. lot block and ...
03/28/2011
With regards to a Deed of Trust all of the following are true except. •a.       It is a mortgage, with a borrower, lender and trustee being the parties. .. •b.      It contains a power of sale clause, and an acceleration clause. •c.       It provides for a non-judicial foreclosure. •d.      To fo...
03/28/2011
On Monday March 28th - Thursday March 31st I will be teaching Agency at Champions School of Real Estate in Plano.  This is one of the four required courses and a great place to jump in and get started. The information we will cover consist of: Introduction to Agency, Senate Bill 489 and Intermedi...
03/28/2011
Mr. Kneblick  owns a McDonalds located at a popular exit on a major interstate highway.  Business at this location is tremendous.   The state department of transportation has announced it is going to close this exit and relocate the exit one mile past the current exit.  This move will be devastat...
03/28/2011