Farmers Branch, TX Real Estate News

By The Legacy Group, The LegacyGroup of CrossCountry Mortgage
(CrossCountry Mortgage)
Special Government Home Renovation Loan Program using FHA 203k Rehab Loans in Farmers Branch TX.Many people are not aware of a special government loan program that is part of the Federal Housing Administration or FHA (a department within HUD). A buyer or existing home owner can do meaningful amounts of remodeling or updates to their existing home without having a higher cost second lien thanks to this special FHA loan program.However, this loan program doesn't allow for "luxury items" in your home such as a swimming pool, hot tub, or other accessories. Although, you can repaint, replace flooring and appliances, add a room to an existing structure (which can add to value tremendously as you increase the square feet of your home) as well as remodel cabinetry in kitchens and bathrooms.This...
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By The Legacy Group, The LegacyGroup of CrossCountry Mortgage
(CrossCountry Mortgage)
The benefits of a preapproval (not prequalification) for Farmers Branch TX Home Loans. Many consumers are not informed on the proper way for buying a home. No question, this is a big decision, and one that can be either immensely stressful- or immensely enjoyable- depending on how you go about the home buying process of Farmers Branch TX Home Loans and the surrounding areas. The key is to take the proper steps to educate yourself on your buying power, initial investment, and taking some time to think about your lifestyle choices. This article will cover all of these.   Education    The steps necessary to purchasing a home in Farmers Branch, Texas starts with getting pre-approved for your home loan. Notice we did not say get prequalified- in today’s world a prequalification is not meanin...
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By The Legacy Group, The LegacyGroup of CrossCountry Mortgage
(CrossCountry Mortgage)
Veterans now have access to a new VA renovation loan to refurbish or remodel their homes.  This loan program is available for new home purchases as well as for remodeling homes currently owned by the veteran.  It is estimated that over 50% of homes nationally are 40 years or older, and in the current housing market many homes are in need of updating, addressing deferred maintenance, or improving the energy efficiency of homes to lower utility costs.VA loan benefits include the following unique advantages:  a.  up to 100% financing, b.  no mortgage insurance, c.  up to $ 35,000 in renovation funds escrowed, d.  all renovations must be completed within 60 days of closing, e.  you can close on a purchase or refinance in the “as is” condition, f. you can borrow against the future value of t...
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By The Legacy Group, The LegacyGroup of CrossCountry Mortgage
(CrossCountry Mortgage)
There are many benefits to a VA home loan. It’s important to know how these loans can help you. First, thank you for your service to our country. According to the Mortgage reports, VA loans stand apart for its combination of low rates, lenient underwriting, and secondary benefits. These are 10 Farmers Branch TX VA loan benefits in 2019. These are:        No down payment on a VA loan        No mortgage insurance        VA loans have a government guarantee        Your ability to shop and compare VA loans        VA loans don’t allow a prepayment penalty        They come in many varieties        It’s easier to qualify for a VA loan        VA loan closing costs are lower        The VA loan offers funding fee flexibility    VA loans are assumable Backed by the U.S. Department of Veterans Affa...
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By The Legacy Group, The LegacyGroup of CrossCountry Mortgage
(CrossCountry Mortgage)
Veterans now have access to a new VA renovation loan to refurbish or remodel their homes.  This loan program is available for new home purchases as well as for remodeling homes currently owned by the veteran.  It is estimated that over 50% of homes nationally are 40 years or older, and in the current housing market many homes are in need of updating, addressing deferred maintenance, or improving the energy efficiency of homes to lower utility costs.VA loan benefits include the following unique advantages:  a.  up to 100% financing, b.  no mortgage insurance, c.  up to $ 35,000 in renovation funds escrowed, d.  all renovations must be completed within 60 days of closing, e.  you can close on a purchase or refinance in the “as is” condition, f. you can borrow against the future value of t...
Comments 0
By The Legacy Group, The LegacyGroup of CrossCountry Mortgage
(CrossCountry Mortgage)
Veterans now have access to a new VA renovation loan to refurbish or remodel their homes.  This loan program is available for new home purchases as well as for remodeling homes currently owned by the veteran.  It is estimated that over 50% of homes nationally are 40 years or older, and in the current housing market many homes are in need of updating, addressing deferred maintenance, or improving the energy efficiency of homes to lower utility costs.VA loan benefits include the following unique advantages:  a.  up to 100% financing, b.  no mortgage insurance, c.  up to $ 35,000 in renovation funds escrowed, d.  all renovations must be completed within 60 days of closing, e.  you can close on a purchase or refinance in the “as is” condition, f. you can borrow against the future value of t...
Comments 0
By The Legacy Group, The LegacyGroup of CrossCountry Mortgage
(CrossCountry Mortgage)
There are many benefits to a VA home loan. It’s important to know how these loans can help you. First, thank you for your service to our country. According to the Mortgage reports, VA loans stand apart for its combination of low rates, lenient underwriting, and secondary benefits. These are 10 VA loan benefits in Farmers Branch Texas in 2019. These are:        No down payment on a VA loan        No mortgage insurance        VA loans have a government guarantee        Your ability to shop and compare VA loans        VA loans don’t allow a prepayment penalty        They come in many varieties        It’s easier to qualify for a VA loan        VA loan closing costs are lower        The VA loan offers funding fee flexibility    VA loans are assumable Backed by the U.S. Department of Veteran...
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By The Legacy Group, The LegacyGroup of CrossCountry Mortgage
(CrossCountry Mortgage)
Being a First Time Homebuyer in Farmers Branch Texas makes you have to consider your options before you buy. The first thing you will need to consider is what your long-term goals are with being a home owner  and how your goals fit in with that plan. One goal could be to stop paying rent that just increases after every lease you renewBuying your own home first is one of the happiest times of your life! However, a lot of paperwork and time goes into it and finding a lender with great reviews will ease much of the stress. But, the satisfaction you get from your first home closing is something you will never forget! The benefits of being a First Time Homebuyer in Farmers Branch Texas greatly outweighs renting for the following reasons:          Greater privacy.          Homes typically inc...
Comments 0
By The Legacy Group, The LegacyGroup of CrossCountry Mortgage
(CrossCountry Mortgage)
Veterans now have access to a new VA renovation loan to refurbish or remodel their homes.  This loan program is available for new home purchases as well as for remodeling homes currently owned by the veteran.  It is estimated that over 50% of homes nationally are 40 years or older, and in the current housing market many homes are in need of updating, addressing deferred maintenance, or improving the energy efficiency of homes to lower utility costs.VA loan benefits include the following unique advantages:  a.  up to 100% financing, b.  no mortgage insurance, c.  up to $ 35,000 in renovation funds escrowed, d.  all renovations must be completed within 60 days of closing, e.  you can close on a purchase or refinance in the “as is” condition, f. you can borrow against the future value of t...
Comments 0
By The Legacy Group, The LegacyGroup of CrossCountry Mortgage
(CrossCountry Mortgage)
Being a Farmers Branch Texas First Time Homebuyer makes you have to consider your options before you buy. The first thing you will need to consider is what your long-term goals are with being a home owner  and how your goals fit in with that plan. One goal could be to stop paying rent that just increases after every lease you renewBuying your own home first is one of the happiest times of your life! However, a lot of paperwork and time goes into it and finding a lender with great reviews will ease much of the stress. But, the satisfaction you get from your first home closing is something you will never forget! The benefits of being a Farmers Branch Texas First Time Homebuyer greatly outweighs renting for the following reasons:          Greater privacy.          Homes typically increase ...
Comments 1
By The Legacy Group, The LegacyGroup of CrossCountry Mortgage
(CrossCountry Mortgage)
The benefits of a preapproval (not prequalification) for Farmers Branch Texas Home Loans. Many consumers are not informed on the proper way for buying a home. No question, this is a big decision, and one that can be either immensely stressful- or immensely enjoyable- depending on how you go about the home buying process of Farmers Branch Texas Home Loans and the surrounding areas. The key is to take the proper steps to educate yourself on your buying power, initial investment, and taking some time to think about your lifestyle choices. This article will cover all of these.   Education   The steps necessary to purchasing a home in Farmers Branch, Texas starts with getting pre-approved for your home loan. Notice we did not say get prequalified- in today’s world a prequalification is not m...
Comments 0
By Lisa Von Domek, ....Experience Isn't Expensive.... It's Priceless!
(Lisa Von Domek Team)
Are you ready to take advantage of the low interest rates and Buy a home in Farmers Branch, TX or one of its lovely suburbs? Here is a quick link of homes that you might love, and this provides a search feature for you to customize the search to find a home that meets your needs. What size, price and location work best for you? Just enter the information and let's begin to find your new dream home.   For all of the information that you need on Dallas area homes for sale, or all of the fabulous things to do in Texas – visit my website www.LisaSellsTexas.com 
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By The Legacy Group, The LegacyGroup of CrossCountry Mortgage
(CrossCountry Mortgage)
VA Loans in Farmers Branch is the best loan program in Texas! VA loans offer a special opportunity for our Veterans to become homeowners or refinance their existing VA guaranteed mortgage. VA Loans have more lenient underwriting criteria than other loan programs and offer lower interest rates than conventional loans. Plus, no down payment is required for VA Loans in Farmers Branch.This step by step guide is intended to give you all the quick answers you need to get started with the VA program, explain all the benefits of a VA Loans, and help you navigate through the loan process as an informed Veteran.Some of the information we will be discussing are:• What are VA Loans?• Interest Rates• How you can apply for a VA Loan?• Obtaining your Certificate of Eligibility from the Veterans admini...
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By The Legacy Group, The LegacyGroup of CrossCountry Mortgage
(CrossCountry Mortgage)
Farmers Branch TX VA Loans is the best loan program in Texas! VA loans offer a special opportunity for our Veterans to become homeowners or refinance their existing VA guaranteed mortgage. VA Loans have more lenient underwriting criteria than other loan programs and offer lower interest rates than conventional loans. Plus, no down payment is required for Farmers Branch TX VA Loans.This step by step guide is intended to give you all the quick answers you need to get started with the VA program, explain all the benefits of a VA Loans, and help you navigate through the loan process as an informed Veteran.Some of the information we will be discussing are:• What are VA Loans?• Interest Rates• How you can apply for a VA Loan?• Obtaining your Certificate of Eligibility from the Veterans admini...
Comments 0
By Lisa Von Domek, ....Experience Isn't Expensive.... It's Priceless!
(Lisa Von Domek Team)
Are you ready to take advantage of the low interest rates and Buy a home in Farmers Branch, TX or one of its lovely suburbs? Here is a quick link of homes that you might love, and this provides a search feature for you to customize the search to find a home that meets your needs. What size, price and location work best for you? Just enter the information and let's begin to find your new dream home.   For all of the information that you need on Dallas area homes for sale, or all of the fabulous things to do in Texas – visit my website www.LisaSellsTexas.com 
Comments 0
By The Legacy Group, The LegacyGroup of CrossCountry Mortgage
(CrossCountry Mortgage)
Looking to purchase a home or refinance using your Texas VA Loan benefits?  The rate you can obtain is a big factor in determining the lender you will choose as well as what your payment will be. The market can be volatile at times, and Texas VA Loan Rates can change daily, and sometimes even fluctuate during the course of a single day. So what factors determine what rate you can get? All mortgage products are backed by bonds, or securities  that are traded on wall street like stocks. Mortgage bonds are what back mortgages, including Farmers Branch, Texas VA Loans. Mortgage bonds are also called mortgage backed securities.  Mortgage backed securities are just like the stock market in that they can go up or down during the course of a day, therefore influencing all mortgage rates includi...
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By Lorrie Semler, REALTOR® in the Dallas area. Call/text 972-416-3417, Real Service. Real Results. Real Estate
(United Real Estate)
Beazer Homes has broken ground in a 267-acre master-planned community in Farmers Branch, Texas. The community for active adults aged 55+ is called Gatherings at Mercer Crossing. It will consist of three 4-story condominium buildings with elevator access, featuring 4 different floorplans with 2 and 3 bedroom units, ranging in size from approximately 1525 to 2032 square feet. There will be private balconies and 1-car garages.Close to I-35, I-635 and DFW Airport, the location allows easy access to everywhere in the Metroplex.Beazer's homes are Energy Star Certified. They build in 17 cities nationwide and are ranked in the top 10 of National Public Home Builders. They've been building homes for over 35 years and have been in the Dallas/Fort Worth area for 21+ years.Prices will start in the ...
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By Adam Franzetti, Work With A Specialist!!
(Franzetti Real Estate)
13917 Charcoal Lane Farmers Branch Texas 75234Valwood Park Featuring Carrollton-Farmers Branch ISD Homes For Sale In Valwood Park   See additional photos and home details Schedule A Showing TODAY!!  Want to find out what your home is worth? Call 469-443-8151 or use our 14 second home worth estimator for your FREE home CMA.Searching 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 CMA and see where you stand as a seller.Established Community Walking up you will notice the well kept front landscaping and front porch. Once inside, you will find the spacious living area with open concept. The dining area can accommodate large or small tables and allows easy a...
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By Bob Baesmann, DFW Team Realty | 972-978-8800
( DFW Team Realty)
December 2016 Real Estate Market Summary for Farmers Branch, TX   Month Year to Date   2016 2015 % Change 2016 2015 % Change New Listings 110 121 10.0 2537 2588 2.0 Closed Sales (Reported) 184 197 7.1 2128 2200 3.4 Closed Sales (Projected) 184 221 20.3 2128 2224 4.5 Listings Under Contract 119 113 -5.0 2145 2213 3.2 Average Sales Price $249,072 $288,545 15.8 $250,970 $273,626 9.0 Median Sales Price $228,950 $255,000 11.4 $221,250 $246,000 11.2 Percent of Original Price Received 97.3 96.7 -0.6 99.2 99.5 0.3 Days on Market Until Sale 33 35 6.4 25 26 3.7 Inventory of Homes for Sale 209 208 -0.5       Months Supply of Inventory 1.2 1.1 -3.7       Houses sold in December 2016 in Farmers Branch experienced a rise of 7.1% compared to 2015, with 197 sold total. Year to date in Farmers Branch r...
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By Bob Baesmann, DFW Team Realty | 972-978-8800
( DFW Team Realty)
November 2016 Real Estate Market Summary for Farmers Branch, TX   Month Year to Date   2016 2015 % Change 2016 2015 % Change Closed Sales (Reported) 118 184 55.9 1944 1995 2.6 Closed Sales (Projected) 118 207 75.2 1944 2018 3.8 Listings Under Contract 143 175 22.4 2026 2101 3.7 Average Sales Price $245,054 $269,815 10.1 $251,150 $272,107 8.3 Median Sales Price $215,800 $249,500 15.6 $220,100 $245,000 11.3 Percent of Original Price Received 97.7 99.0 1.3 99.4 99.7 0.3 Days on Market Until Sale 23 30 28.3 25 25 2.7 Inventory of Homes for Sale 255 228 -10.6       Months Supply of Inventory 1.4 1.3 -13.2       This month there was an uptick of 55.9% in the number of recorded properties sold from 2015. There were 184 recorded properties sold total this month. Year to date there was a growth...
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Farmers Branch, TX Real Estate Professionals