Downsizing in Frisco, Texas. Luxury and excitement near Stonebriar Mall. A gorgeous Patio Home community has just opened up, and two sparkling new models are ready for you to see.
Ranging in size from 1800 sq ft... to nearly 3,000 sq ft... these pretty and oh-so-energy-efficient homes are just packed with all the custom features that so many of today's buyers are looking for.
If you are a "career single" working near the Dallas North Tollway or in or near the Stonebriar Complex, the location works about as well as any we have seen.
Are you more the young couple starting out ? These three and four bedroom homes, some single stories, some two-stories, offer you just about any bedroom, living area, and architectural design combination you could ask for.
If you're an "empty-nester" moving to a smaller home, but don't want to give up the luxury you've become used to in your present/previous home ? Yes, this will work for you, too.
If you are ready to go from "Just Browsing" to "Let's Get Serious..." call the Frisco/McKinney New Homes Hotline at (469) 713-9725 and arrange for your very own personal tour.
Downsize to Luxury ! Come take a peek at this exquisite Patio Home in Frisco, Texas near Stonebriar Mall.
If you're in the market for a new home, and don't want the bother of taking care of a full-sized yard, these Frisco Patio homes may be just what you have been looking for.
Ranging in size from 1,800 sq ft to almost 3,000 sq ft, these impressive and oh-so-energy-efficient homes are just packed with all the custom features that some many of today's buyers are looking for.
If you are a career single working near the Dallas North Tollway or in or near the Stonebriar Complex, this location works about as well as any we have seen.
If you are ready to go from "Just Browsing" to "Let's Get Serious..." call the Frisco/McKinney New Homes Hotline at (469) 713-9725 and arrange for your very own personal tour.
This New Model Home is just waiting for you to visit. It has just been completed, and this coming weekend will be the first weekend it is on display. Althought this home is located in northern Fort Worth... it can be built in several other areas around Fort Worth and Tarrant County.
It is a four bedroom, two bath home with eat-in kitchen and formal dining, and a formal living or media room, and a family room off the breakfast area.
There is more space inside that you could possibly guess for the price. This home measures approximately 2087 square feet... and the price is $134,990. Because this is the grand opening celebration, the builder will either give you, the buyer, a discount of $3,000... $3,000 in upgrades... or pay $3,000 of your closing costs.
If you are ready to go from "Just Looking" to Let's Get Serious"... call the New Home Hotline at (817) 929-3400 today !
One of the things that seems to occasionally frustrate home buyers... is the inability of their title company to provide "closing figures" to the homebuyer within a time frame that is from 24 to 48 hours before closing.
In the Fort Worth, Texas area... our closings are done with "closers" or escrow agents at title companies. Both Realtors and Buyers would like to know the buyer's "final figures."
In Texas there are no "round table" closings. The buyer and the seller each sign their papers separately at the title company... just them, the Realtor (if any) and the title company closer or escrow agent. It is an extreme rarity that an attorney would be present at closing... for either buyer or seller.
The "final figures" represents the exact amount of money the buyers must bring to their closing... in the form of an official bank check. Because of that... if that figure is not known until just hours before closing... it becomes a hardship for the buyer to get to their bank... get their cashiers check... and then get to the title company on time.
So why can't they get us the number sooner ?
One of the main reasons is that this "number"... this amount... is the total of many different amounts that come from many different places. Here are a few of them:
1) Home owner's insurance.
2) Title costs.
3) Real estate tax figures from the various taxing agencies... city, county, school district, water district...and so forth... as far as the number of months of taxes to be collected up front.
4) Mortgage closing costs... application fees, appraisal fees, document preparation, courier fees, pre-paid interest... the list goes on and on.
5) Balance of down payment.
6) The amount, if any, of the buyer's closing costs that are being paid by the seller... per an agreement in the purchase contract.
7) HOA (Home Owner's Association) fees that must be paid.
8) Buyer's Home Warranty Service Agreements... whether paid by buyer or seller
9) Costs of any repairs made at buyer's expense that must be paid at closing.
10) Even the amount of taxes the seller owes on the property must be known... because that amount is then credited to the buyer on the closing statement, and offsets a part of the money due from the buyer.
All of these figures must be verified and in the hands of the title company before they can figure the the closing amount. Then... the entire closing statement must be sent back to the buyer's lender to be approved. Once the final approval of the closing statement is made... only then can the buyer be given an exact figure.
There is also a possibility that other changes could be made... even while the buyers are signing papers. IF that happens, the closing statement is amended, then sent back to the lender... and must be re-approved by them, then sent back to the Title Company... and then signed by the buyers... and the previous one discarded.
It's that time again. As the end of the year approaches, once again we have our "yearly chance" to use the Homestead Exemption as a closing technique. Actually... it is much more than simply a closing technique... it is just one more great reason for a "sitting on the fence" buyer to get off that fence... and get themselves a home.
The Homestead Exemption is something that many people who are renting homes or apartments may not be aware of. The net effect of the Homestead Exemption is sort of a "discount" on a property owner's real estate taxes... but it's only for a person's "homestead"... which is the home they own, and that they are living in.
A general explanation of how it works is as follows: Certain entities that "tax" an owners home real estate dwelling will "exempt" a portion of the home's taxable value from property taxes. For example, if that taxing entity is a local ISD or Independent School District, it may "exempt" a portion of the value of that home from being taxed. If that home is worth $140,000, and the portion of its value exempted is $20,000... it's like getting a 14% tax discount on that portion of a homeowner's yearly tax bill due the local ISD.
Sometimes the amount may be small, sometimes it may be larger, but nonetheless, it is a money-saving feature of home ownership that can very easily be taken advantage of. The only "catch" is, that in Texas, a homeowner will only qualify if they actually OWN the property as of January First of the taxable year in question. That means... if a buyer closes on their home this year on December 28, 2008... they are "in title"... or they "own" that property as of January 1, 2009, and are eligible for a tax break for the ENTIRE year of 2009. IF you miss it by even a day, and perhaps close on your home on January 2, 2009, you are not eligible for the Homestead Exemption until January 1, 2010.
Texas as a state is one that very much encourages Individual Home Ownership. People who own their homes are more likely to take part in local area activities. They are more likely to vote, and more likely to run for offices like school boards, city council positions, mayors of their city, and even state-wide positions. This is something that is Good For Texas, and it's something that's Good For You.
So... if you are sitting on the fence, wondering if buying a home in the next few months is a good idea, here is just one more reason why it is to your advantage to own your own home.
If you are ready to go from "Just Looking" to "Let's Get Serious"... call the New Home Hotline at (817) 929-3400 to start your very own personalized search for your new home. And remember... if you close on it by Dec 30, 2008... you will have your Homestead Exemption activly saving you tax dollars... for the entire 2009 year !
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Karen Anne is one of the top Realtors in Fort Worth and Dallas, TX. She has been with New Home Hunters DFW since 2001 and has achieved the honored status of being a Platinum Club member since 2004.
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