Plano, TX

I'm a big fan of the new HGTV Show Income Property. Host Scott McGillivray takes a rental property from un-leasable to the most sought after on the block all in a span of the 1/2 hour show. Much work is put into these properties and the icing on cake is the reveal in the end where Scott and his team use Staging as the final marketing tool to showcase their mini masterpieces. I am so thrilled to see their use of staging for these income properties and am hopeful that prospective landlords around the country will see this and understand why staging is also a necessary part of getting their properties leased.

Leased properties are a hot commodity on the real estate market in many areas.

For many people leasing is the only option they have currently for a variety of reasons:

Financial:

• many people in need of a home cannot qualify for a mortgage currently
• many don't have sufficient funds for a down payment
• many need to build up their bank account before heading back out to the home buyer's arena.

Geographical:

• many people and their families are in need of housing while on a temporary or long term job assignment in another area
• many people are from out of the country on work assignment for a year or more in the US

Personal:

• Some folks like to get a lay of the land in a new area before putting down roots
• Some folks prefer a lease to buy option to get a feel for the house before purchasing
• Some folks just like to change vistas every few years and enjoy moving into a new home without the ties of having to sell first
• Some folks are in transition through life changes like divorce, death or other family related crisis or changes

Many of these folks are in a great position to lease and have a lot of properties to choose from. Many home sellers are also offering the option to lease or buy in this market too. As with any property for sale(and a leased property is essentially "for sale" for a time and is making income for the owner) it is imperative to showcase that property for prospective tenants to see themselves in.

Home Staging for income properties is a must do in today's market.

Utilizing the services of a home stager to showcase these rental properties is a smart move.

Even leasing furniture for the property from a national rental company and making it a selling point,(when working with a national rental furniture company the furniture can stay with these properties for as long as the tenant needs it. The lease will just be transferred in the new tenants name after the terms of the original agreement are met) is a wise move. It will assist the prospective tenant to see that their furniture will fit and gives them ideas of what to do with the space. It is the same principal that applies while stage to sell.

I've worked with a few leased properties over the course of the last couple of years and with much success. In the case of one lease &/or buy option, the house sat on the market over 90 days with no offers either way, once staged, after 3 days a Canadian couple on a temporary work assignment in the US saw the property staged and leased it for a 3 year term.

Home staging is a valuable marketing tool for income properties.

***********************************************************************

Home Sellers, Realtors, Investors and Landlords, for expert advice on preparing a home for sale or lease contact Home Star Staging, a Plano,TX based Real Estate Staging and Consulting company.

Home Star Staging is here for you North Texas!

By TwitterButtons.com

Spacious 3 bedroom plus study home located on a generous cul de sac lot just minutes from EVERYTHING:

• Tollway, 121 and 75
• Children's Medical Center in Plano, Plano Presbyterian & Medical Center of Plano
• Stonebriar Mall, Shops at Legacy, Willow Bend Mall
• Award winning Elementary School
• Major employment centers: EDS, JC Penney HQ, Frito Lay

Immediate move-in available. Pets approved on a case by case basis. Preferred 12-month lease, but may entertain shorter terms. Call today for a showing of this ideal Plano rental home!

Some people might see now as a bad time to buy a home; the market is unsteady, prices are fluctuating, and banks are not inclined to lend. Yet, for a first time home buyer, now is a perfect time to buy.

First off is price; there are homes on the market that – as little as a year ago – were going for two, three, and even more times their current asking price. So, there are incredible bargains to be found. Two key elements to consider though are location and condition. A dirt cheap home might be that price because it is in a terrible neighborhood. This is where checking with local realtors and doing some homework is important. And next, there’s the condition of the home. If the homeowner has been struggling financially for some time, they may not have been able to perform routine maintenance and upkeep. So, get the home inspected to insure plumbing, electrical, foundation, and so on are in good condition. If not, offer less.

While many banks are tightening up on credit, you can still get a loan – provided you follow certain steps. First, keep the same job, and keep working it the same way. This may sound confusing, but here’s how that works. If you’re working for an employer, maintain your work status with that employer. If you’re a full-time employee, don’t let them change you to a contract employee. Even though you’re doing the same work for the same boss, this is considered a change in employment, and most banks will shoot you down on a loan. So, as much as possible, keep your same type of job, at least until after your closing.

Right now, the interest rates are incredibly low; so – if you qualify for a mortgage – you can get a great loan. The key here will be your credit rating. So, before approaching a bank, get a copy of your credit report and see what your number is. If you have some old bills or too many credit cards – pay those bills and cancel some of those cards. These will boost your rating, and this can shave as much as a percentage point off of your interest rate.

<!--EndFragment-->

Search Plano Zip Code 75093 Homes for Sale or Copy & Paste http://bit.ly/2engOh

City: Plano, TX
Collin County, TX
Zip code population (2000): 43,958
Estimated zip code population in 2007: 52,358

Subdivisions in zip code 75093:
El Ranchero Country Estates
El Ranchero Estates II
Fairway Apts
Homestead 1
Old Shepard Place
Parkwood Addition
Platinum Corridor
Preston Cove 1
Preston Meadows 1
Preston Ridge 1
Preston Springs 1
Shadow Run
Willow Bend Apts
Willow Bend Country 1
Willow Bend Lakes

Schools:
BARKSDALE EL (Students: 715; Location: 2424 MIDWAY, PLANO, TX; Grades: PK - 05)
DAFFRON EL (Students: 630; Location: 3900 PRESTON MEADOW, PLANO, TX; Grades: PK - 05)
BRINKER EL (Students: 621; Location: 3800 JOHN CLARK PKWY, PLANO, TX; Grades: KG - 05)
HIGHTOWER EL (Students: 561; Location: 2601 DECATUR, PLANO, TX; Grades: PK - 05)
CENTENNIAL ELEMENTARY (Students: 545; Location: 2609 VENTURA DR, PLANO, TX; Grades: PK - 05)
HUFFMAN EL (Students: 516; Location: 5510 CHANNEL ISLE DR, PLANO, TX; Grades: PK - 05)
BEATY EARLY CHILDHOOD SCHOOL (Students: 507; Location: 1717 NEVADA, PLANO, TX; Grades: PK - PK)

Search Plano Zip Code 75093 Homes for Sale or Copy & Paste http://bit.ly/2engOh

Search Plano Zip Code 75093 Homes for Sale or Copy & Paste http://bit.ly/2engOh

City: Plano, TX
Collin County, TX
Zip code population (2000): 43,958
Estimated zip code population in 2007: 52,358

Subdivisions in zip code 75093:
El Ranchero Country Estates
El Ranchero Estates II
Fairway Apts
Homestead 1
Old Shepard Place
Parkwood Addition
Platinum Corridor
Preston Cove 1
Preston Meadows 1
Preston Ridge 1
Preston Springs 1
Shadow Run
Willow Bend Apts
Willow Bend Country 1
Willow Bend Lakes

Schools:
BARKSDALE EL (Students: 715; Location: 2424 MIDWAY, PLANO, TX; Grades: PK - 05)
DAFFRON EL (Students: 630; Location: 3900 PRESTON MEADOW, PLANO, TX; Grades: PK - 05)
BRINKER EL (Students: 621; Location: 3800 JOHN CLARK PKWY, PLANO, TX; Grades: KG - 05)
HIGHTOWER EL (Students: 561; Location: 2601 DECATUR, PLANO, TX; Grades: PK - 05)
CENTENNIAL ELEMENTARY (Students: 545; Location: 2609 VENTURA DR, PLANO, TX; Grades: PK - 05)
HUFFMAN EL (Students: 516; Location: 5510 CHANNEL ISLE DR, PLANO, TX; Grades: PK - 05)
BEATY EARLY CHILDHOOD SCHOOL (Students: 507; Location: 1717 NEVADA, PLANO, TX; Grades: PK - PK)

Search Plano Zip Code 75093 Homes for Sale or Copy & Paste http://bit.ly/2engOh