I recently waded back into the world of showing condos. A young teacher wants a simple condo and has limited funds for a down payment, but good credit.

Finding a FHA approved condo he might like is tough. Conventional financing? Well it can be done, but my loan officer says te

he condo association has to fill out a six page questionaire and the minimum down payment is going to be a challenge. She is an experienced loan officer and is concerned over how much more complicated the condo financing process has become.

I suggested a single family home, but I think the condo lifestyle is more what he wants. My suggestion did not help.

Anyone with good ideas on navigating the condo financing world on Active Rain?

affordable Plano Texas Homes under $150,000

Want an affordable home in Plano TX? Check the interactive map below for over 100 homes in Plano TX for under $150,000.

Move the map with the tool in the upper left corner of the map to change the area. Mouse over the homes to see the listing. I can show you any of these homes and work as your buyers agent.

Plantation Resort in Frisco TX is a highly desireable, affordable place to purchase a home in the Frisco\Plano area. Occastionally there are Foreclosures available that may be a great opportunity for the home buyer. I can help with Plantation Resort Foreclosures or normal resales.

Prices start at about $160,000 and can be as high as $500,000 is some sections of Plantation Resort. Frisco has great demographics and was one of the fastest growing cities in America for several years between 2000 and 2010. There are not a lot of Foreclosures in Plantation Resort, but there are usually about five to pick from. You may also see some Foreclosures that are close to Plantation Resort.

The interactive chart below shows the current foreclosures. Just mouse over the Foreclosure listings to see the details. I can help you with any of them.

I also sell homes in Frisco, Plano and the surrounding communities, both Foreclosures and normal resales.

Plantation Resort in Frisco TX includes a golf course, swimming pool and several lakes. It is near Custer Road and Highway 121.

TO USE THE INTERACTIVE MAP BELOW, USE THE MAP TOOL IN THE UPPER LEFT CORNER TO MOVE TO A NEW AREA. WAIT A MOMENT FOR THE MAP TO UPDATE.

I have buyers who cannot find homes to purchase. They have bid on homes in Plano, Wylie, Allen and other cities and have been outbid by full price offers. This seems to be true for resales and foreclosures.

One of my buyers purchased a townhome and the sellers are now in an apartment as they cannot find a home to buy. What they see is a few overpriced homes that just sit there.

I have published the listing and sales statistics for Collin County on my web site. There you can see that listings dropped over ten percent in one month and have dropped much more than that over several months. Compared to Q4 of 2010, listings are still down.

What will it take to get more listings? The problem still seems to be unrealistic price expectations of potential sellers. Most are not motivated to sell and prefer to sit on the sidelines until prices improve. One of my potential listings was looking for a 30% increase in the price of a home they bought here in 2009 (a foreclosure that they got a pretty good price on when I worked with them at the time.)

What might start to motivate some could be an improving economy that causes sellers to relocate or get motivated in some other way.

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Hunters Ridge Irving TX

Townhomes are selling in Hunters Ridge Irving TX. I represented the buyer who purchased 1429 Fox Run, a beautiful townhome in Hunters Rigde.

Prices have stabilized and more buyers are considering this convenient location.

If you want to buy or sell in Hunters Ridge or any other community in the area, I am ready to help you with courtesy and respect for your time and your investment.

This area is convenient th MacArthur Boulevard, Las Colinas, Highwagy 635 LBJ Freeway, shopping DFW airport and much more.

Ask me about other homes like this in Hunters Ridge Irving TX or other similar communities. I am happy to help.