Yes unfortunately, as they do not have a binding contract with you yet.
If another renter offers more, then a landlord can go with the higher offer.
Good luck.
Perry
No, But what you can do is take a back up offer, and work with the second offer keeping them abreast of the current offer. If the first offer asks for repairs or tries to negotiate on price say no thank you we have a back up offer. You can have you back up offer waive their option period to increase your demand. Talk to your agent, he/or she should be able to help. :)... more
Hello Ron,
Going shopping for a mortgage. It may seem backwards to shop for a mortgage before you shop for the house, but there are several reasons for doing this. Shopping for a mortgage will also help if you can get “pre-approved” for the amount you’d like to borrow. This means the lender has looked over your credit and financial statement and agreed to lend you the money. Sellers like pre-approved buyers because there’s less risk the deal won’t go through. First, you’ll find out how much you can borrow, which has a lot to do with how much house you can buy. Get my top 25 Questions for FREE that you should be asking your lender before you choose them to secure a mortgage.
Whether you’re, buying, or building your dream home, you have a lot riding on your decision. Market conditions and mortgage programs change frequently, and I welcome the opportunity to serve your needs with quick and accurate real estate financing advice. I have the expertise and knowledge to help you determine the absolute best loan program to meet your objectives.
Ensuring that you make the right choice for you and your family is my ultimate goal. And I am committed to providing my customers with mortgage services that exceed their expectations.. As always, you may contact me anytime by phone, fax or email for personalized service and expert advice.
I look forward to working with you!
Lowell Sterling
Mortgage Banker
NMLS# 968898
LSterling@englending.com
16800 N. Dallas Pkwy, Suite 290 | Dallas, TX 75248
Office: 972-646-2411 | Cell: 214-418-7022 | Fax: 214-614-4637
Bank of England /dba ENG Lending: NMLS# 418481... more
On March 7,2013, my broker relayed the following information.
The market gets wilder by the day. In the last five days the following comments have been told to me by our agents or clients. - Mark
Flower Mound --
“Listed a home for $15,000 more than I recommended just three months ago - $235,000 rather than $220,000. 8 offers in 24 hours; had to cancel the 17 showings for the following day.” – an agent
Plano --
“How unreal. My home in Kansas City has been listed for two years and I cannot get it sold. Transferred to Dallas, and just went under contract on a home in Plano we have not yet seen. Our first offer on a brand new listing, we lost out with 5 competing offers. Our second sales offer was on hot new listing, and we offered several thousand above list, and we still lost out. Our third offer was on a home I know we do not love – but at least we got a home in North Plano, and paying cash above the list so that it will appraise.” – a client
Coppell --
“Listed a home, received two offers in six hours. Seller said cancel the remaining incoming offers and showings. Home sold for $10k over list.” – an agent
North Dallas --
“I have a listing coming on the market over $1 million. Not even on the market, not even listed – and over 10 agents have contacted me, just hearing through word of mouth that I was listing the property. Cannot believe it.” – an agent... more
I'm tracking on all of this. I'm seeing a few houses that I'd be interested in that range but once the 20% down is applied, the loan is below 50k. I'm not looking for a rehab loan, all cosmetic updates that I'll do on my own.... more
I know some in downtown dallas that are very industrial that might be a good fit for you
You can contact me at dixondfw@gmail.com
Dixon
Realtor
www.findyourtexashome.com
In zip code 75211
Some of the good subdivision is Ravinia Heights, CAIN and Sunset View.
You can still get it at about 100 per sq ft.
You can visit my website at www.findyourtexashome.com for homes in the area.
Thanks
Dixon
Realtor
www.findyourtexashome.com... more
I agree with everyone below and encourage my buyers to shop for their loan, because then they can take that to my In-House Lender who is more interested in the relationship vs. his commission. He wants me to be able to offer my clients something of value and so he guarantees when comparing loans "apples to apples" he will save them money. He has been know to give up the commission to be able to save a client money.
Good luck... more
Yet another stupid question from the dumb people at Trulia. They should spend more time getting the Realtors who spend money on this site for leads and get them REAL leads that bring in commissions.... more
Hello!
I located 10 properties in the DFW area that are single family homes, fully furnished, with short term leases available and some including utilities. Price ranges are from $1,925 (near Arlington) to $20K (9 bedroom 9 bath mansion in Dallas) monthly, but average $2-$5K. Let me know if you haven't found a Realtor to work with yet, I'd be happy to help!... more
Hi Pwilli,
You need to contact a Title Company to handle title issue. But a Quit claim deed wont be the best solution as its a deed form that provide basically nothing to protect you or the future buyers.
Texas is a community property state. Any properties that was purchased while married, you and your husband own share portion on it.
Let me know if you need recommendation on a Title Company.
Thanks
Dixon
Realtor
www.findyourtexashome.com... more
Best place to start is to hire an Exclusive Buyer Agent to represent you. EBAs represent home buyers only, and work to get you the best price and most favorable terms. You can go to NAEBA.org for a referral to an EBA in your area.
There is a book on Amaon called a"Buying a Home: Don't Let Them Make a Monkey Out of You". It will be the best $6 you've ever spent.
Best of luck!... more
I believe Josie was asking about 75233 and the prices there are about $70-220k. You can see a map of these currently available there at http://bit.ly/14Y7zLT
In 75208 the prices do range from $336k http://bit.ly/12yOT0U to $1M http://bit.ly/YFaRQs
You can see a map of these currently available in 75208 at http://bit.ly/10JdD6y
Prices do vary within a zipcode. This 3 to 1 ratio is not uncommon.
To answer mesutter's question, Yes, it is a stunner on Argonne.... more
Credit is only one of the landlord's considerations in making a rental. They consider criminal backgrounds, having a steady job, etc.
I'm a Dallas bankruptcy attorney and out of the 1,500 cases I've handled, I don't think I've ever had a client turned away from renting a place because of their bankruptcy.
If someone is turned down for an apartment based on their credit, it's because of a low overall FICO or Beacon score. Your bankruptcy probably raised your credit score, not lowered it. If your credit held you back from an apartment now, it would be because of other issues on the credit report rather than just the simple fact that you filed a bankruptcy case at one point.
An apartment complex is not the only way to go, of course. There are around 2,500 houses on the foreclosure list every month. Even more if you count the surrounding areas and not just Dallas County itself. After each monthly foreclosure sale, there are tons of new properties available for rent. That's in addition to the rental homes that already existed.
Some of these rent houses are managed by a professional property management company, where there will be a formal application process and a look at the credit report. The mere fact of the bankruptcy should not influence the decision although the overall credit score will.
Other of these rent houses are owned by individuals who know the amount of rent they'd like to receive but do not have a formal application process. They won't bother to even pull the credit report. In fact, individual landlords don't have any way to legally get their hands on one (Experian, Equifax and TransUnion don't just hand out your credit report to individuals who call them and ask for it. That's illegal under the federal Fair Credit Reporting Act). Even if you sign an Authorization allowing them to look at your credit report, they still don't have a way to legally pull it. There's a whole licensing procedure for that and individuals don't qualify.
The Dallas housing market is very diverse. There are rentals available for a wide range of prices, for all types of credit, in a broad range of locations. You're very smart for trying to get potential issues dealt with ahead of your big move, but I wouldn't worry too much about this part of it.
Rustin Polk
Dallas, TX... more
Hi Tammy,
Don is correct. Rental properties are moving VERY fast in Dallas. Most are not staying on the market for more than a week or two before they're gone. Depending on the area you are looking for and your price range, it may be a little difficult to find you something you like right now and have the owner hold it for you until June. I would suggest starting your search (and being ready to act quickly once you find the right one) towards the end of May. Feel free to contact me if you haven't found a Realtor to work with yet, so we can take care of the prep work and be ready to find your next home!
Good luck,
Monica Pineda - REALTOR®
VIP Realty | Real Estate Consultants
The Premier Firm in Real Estate
Direct: (469) 348-4113
monica@viprealtyinfo.com... more
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