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DFW Realtor
Dallas Homes and Real Estate
30 Year Resident
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| | Residential and Commercial Real Estate - New Homes - Foreclosures -Dallas County- Collin County
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RE/MAX Summit Realty
4851 Legacy Drive #501
Frisco, TX 75034
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| What's On This Site
Here you will find information relevant to today's market. ,Buying and Selling Homes in the Dallas area, Commercial Real Estate, Best Places to live in Dallas, Information for real estate investors, Current Market trends and news, Hottest areas for price appreciation,Avoid Foreclosure and Save Your Credit, Starting or moving a business, First time home buyers, New home discounts, and much more.
Dallas Asking Prices Going Up
August 5, 2008: The Dallas Morning News reports that over the last three months the average listing price is up 2 percent while there has been a decrease in most of the rest of the country. There are fewer homes for sale and the average time to sell is 87 days, placing Dallas in the top five cities for shortest time to sell.
Results vary by neighborhood. Contact me for a free market analysis for your home. Click here Market Analysis.
Latest Price Trend Up 2 to 4%
June 25,2008: Hexter Fair Title Company reports prices up in Plano 2% through May 30 vs. 2007.In Frisco, prices were up 4% vs. last year. North Dallas was up 7%. In all cases, fewer homes were sold. Plano had one of the lowest "average days on market" at 70 days. If you would like more information about your neighborhood, Click here Market Analysis.
Foreclosures Under $200,000 are 83% of total
July 4, 2008: In the Dallas area, most of the foreclosures are under $200,000. There are great opportunities in all ranges. This week I previewed three new or almost new homes now on the foreclosure market for about $450,000 from bankrupt Park Avenue Builders. These are stunning, elegant homes with media rooms, hand scraped hardwood floors, grantie countertops and much more.
Whatever your goal in buying a foreclosure, contact me and I will help you. Working for you as a buyer's agent, the seller pays my fee. Dream Home Finder.
Foreclosures and Short Sales Can Save You 20 percent or more
Half of my buyers are purchasing foreclosure or pre-foreclosure properties. With patience and work, we are saving about 20 percent over what a similar home in the same subdivision would sell for.
A "short sale" is a seller that has no money and no longer can pay for the home. They are receiving delinquent notices from the bank and have a few months before foreclosure.
The idea is to buy the home during the pre-foreclosure period. The sellers save a major hit on their credit, the bank avoids foreclosure costs and the buyer saves money on the purchase.
This is a process that takes patience and commitment by the buyer. I work with many buyers who want to purchase a home as a short sale.
New homes in a builder's inventory can also be a great buy. I have seen several great opportunities in this catagory recently and savings of 10 to 20 percent over the new home list price are available for inventory homes and in some cases homes to be built to order.
Keep your eyes open to all possible sources of a great deal on a home. I can help you with your next home purchase and consider all the possible sources.Click here to register for more information Dream Home Finder.
Dallas Fort Worth #1 in Population Growth
Just released census data shows that Dallas Ft. Worth now has 6.1 million people and is #1 in population growth nationally. The primary reasons for the growth are availablity of jobs and our very affordable housing. The DFW airport is also a huge asset. Our weather is also attracts those tired of cold and snow.
Dallas Ft Worth passed Philadelphia to become the fourth largest metroplex in the country.
When I moved here in the 70s, Dallas was #10 in the country.
Neighborhood Update: The Dallas Morning News reports on the M Streets
Want to live in an area with a diverse collection of old homes, new homes and a laid-back casual funky atmosphere? Want mature trees and parks where you can walk to great restaurants? Then the M streets might be for you. The M Streets are south of Mockingbird, east of 75 to Skillman or Abrams, depending on you definition. I have sold several homes in this area and have relocated families from the traditional suburbs here. Many of these neighborhoods have had 10 percent appreciation per year over the past few years. Right now there are opportunities to buy new homes in this area as builders have a few more than the should have in inventory. Call me or email to discuss the M streets.
Best Places to Live in DallasFt.Worth
D Magazine recently announced their "Best Places to Live" ranking for our area. They base the rankings on schools, air quality, crime rates and other factors. Here are the results:
Small Towns:
1. Southlake
2. Parker
3. Highland Village
4. University Park
The cities with at least 80,000 people were ranked as follows:
1. Frisco
2. Plano
3. McKinney
4. Richardson
5. Lewisville
I can help you with any of these towns and cities or others you might be interested in.
FREE ACTIVE ADULT COMMUNITY INFORMATION
I work with all types of home buyers, including prospective retirees in the Dallas Ft Worth area. I have the experience to help you sort through the options, including some communities that cater to all ages but are also very appealing to retirees. Just click on Active Adult Community and see a summary of the communities in our area. Homes in our communities are priced from $200,000 to $490,000.
Are you also considering Arizona? Click for my Arizona active adult relocation partner's website Arizona 55+. Please let them know that you were referred by Jerry Van Pelt.
FREE: Information for Sellers
• Seller- Most active home sellers are looking for the best solution to sell property they currently own. If you are planning on selling a property that you own within the next 180 days, you will receive the best information by selecting this option. You will receive tips by e-mail on staging your house, pricing, the best time to sell, ongoing listing alerts of new listings in your neighborhood and more. By selecting this option you will also receive a free property value analysis via return e-mail. Click here Market Analysis
FREE: Information for Buyers
• Buyer- Most active home buyers are searching for just the right home. If you are planning on buying a property within the next 180 days, you will receive the best information by selecting this category. This option is best for first-time home buyers, vacation property, investors, and anyone that wants to gather as much informaton as possible to help with decision making. You will receive tips by email on financing, negotiatons, picking a real estate agent and more. Select this option to be pre-approved for a loan and/or automatically receive listings of homes for sale. Dream Home Finder
Starting or Moving a Business?
I can help you to find a location for your business. I have owned both a printing business and a restaurant during my career and can help with new or relocating businesses.
Just email or call and we can get started.
Avoid Foreclosure and Save Your Credit
Illness, divorce and loss of a job can cause good people to no longer be able to make payments on a mortgage. Just waiting for foreclosure is not the best idea. You may be able to sell your home through the short sale process and I can help you do it. The bank holding your mortgage pays the real estate fees. You save a major hit on your credit.
Lenders do not want to foreclose on property. It costs lenders up to $40,000 in expenses to foreclose. When the borrower can no longer make payments due to a hardship and has no financial resources to allow them to sell the home and cover a loss, the lender may agree to a "short sale".
EXAMPLE: A borrower has lost a job, has been out of work for a year, has missed one or more payments and will not be able to make any more payments (has no financial resources) and has little or no equity in the house. Selling on his own is not an option because the borrower would have to bring cash to closing that he does not have funds to pay closing costs and perhaps cover a loss on the house.
WHAT I DO IN THIS SITUATION: I market your house for you and attempt to sell it quickly. The bank has to approve the sale and may agree to cover a loss on the transaction as long as it is better for them than going through foreclosure.
To do this, the borrower must act quickly as lenders will not delay foreclosure.
WHY DO A "SHORT SALE"? There is no foreclosure on your credit record. The "short sale" has some impact on credit but foreclosure is much worse.
A SHORT SALE INVOLVES WORK FOR THE BORROWER: You will have to document your situation in detail for the lender. The volume of documentation is similar to what you provided the lender when you got the loan.
IF YOU ARE NO LONGER ABLE TO MAKE PAYMENTS: Contact me immediately and I will go over your situation with you to see if I can help you.
Commercial Real Estate Services
I can help you to find a site for your business, locating in a local, regional or destination site. Landlords will in most cases negotiate most of the terms with you.
Contact me to discuss your business needs in the Dallas area. When I represent a tennant, my fee is paid by the landlord.
Personal
I'm a New Jersey native who moved to Plano in 1976. I saw this community grow from 25,0000 to over 250,000. We moved to Frisco in 2000 and enjoy both communities. I spent most of my career in marketing and sales in the Dallas area. I am active in the community and am a member of the Frisco Chamber of Commerce. I am a past member of the Dallas Chamber of Commerce. I have been active in the Plano YMCA as a coach and volunteer at civic activities in both my neighborhood and in the local area.
I have won many awards as a real estate agent and am a Certified Home Marketing Specialist as well a Certified Negotiation Specialist.
I have owned two businesses (a restaurant called Crescent City and a MinuteMan Press printing franchise). I also worked for Honeywell, McGraw-Hill and Cisco Systems during my corporate career.
This site includes information on homes and properties in Dallas County, Collin County, Denton County, Parker County, and Dallas Fort Worth, with offices in the city of Plano Texas. Multiple listing service data is provided by the North Texas Real Estate Information System NTREIS, and also includes real estate property and homes, condos, and town homes in the cities of Frisco (Country Club Ridge,Cobb Hill,Starwood,The Trails,Lone Star Ranch,Stonebriar,Hunters Creek,Lakeside at Lone Star Ranch, Quail Meadow,Stonebriar,Heritage Lakes,Plantation,Stonelake Estates,Lakes on Legacy,Shaddock Creek Estates,The Fairways, Grayhawk,Meadows of Preston), Plano(Deerfield,Estates of Forest Creek,Forest Creek,Preston Meadow,Fairfax Meadows,, McKinney(Wren Creek,Village Park,Mallard Lakes,Quail Creek,Somerset,The Domain,Stonebridge Ranch,Ridgecrest,McKinney Greens,The Heights at Westridge,Heatherwood), Lewisville (Castle Hills),Allen (Montgomery Farm, Starcreek,Twin Creeks,The Arbor,, Prosper, and Carrollton, covering real estate, including investment property for sale in all areas represented by Realtors, brokers and real estate agents in those regions. People who search MLS home listings, whether relocating or buying a first home in North Texas will find useful information on rent-to-own homes, home for sale, homes for lease, condominiums, town homes, luxury homes, executive homes, and new developments, to buy or sell, with additional information on schools and regional highlights. Homebuyers and sellers can find information on properties through MLS search on residential real estate or other properties that include farm and ranch homes. Jerry Van Pelt is a licensed Realtor and has knowledge of the properties in these communities. This web site is a resource for real estate, investment property, relocation, rental property, buying property with no money down. | |
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