Archive for May, 2008

Dallas World Aquarium

Saturday, May 31st, 2008

Last Monday I decided to observe Labor Day, allowing myself to enjoy the extremely hot day with my GoldenBoy at the Dallas World Aquarium. It was also my last chance to wear white pants without earning a “tsk tsk” from my family and friends. :) . However, my son Caleb still didn’t prove.

One of our favorite parts of the Dallas Aquarium was the ability to be surrounded by Sharks. This without questions was our favorite part! Caleb, really loved checking out the sharks. Might be his second favorite animal next to the Lions, which is Daddy’s favorite animal too.

OK, so I at least have to add a couple of photos of the big guy and I.

Real Estate Challenges

Friday, May 30th, 2008

Challenges

Another six lenders just locked their door! Two of them were working on loan packages for your clients, now what?

The mortgage lender collapse as well as the change in mortgage rates and the loss of the sub-prime deluge is presenting challenges that the Dallas Real Estate market hasn

First Things First

Thursday, May 29th, 2008

You

Searching for the Perfect Dallas Home

Tuesday, May 27th, 2008

You’re ready, it’s time to stop renting and buy your own home. You’ve heard success stories and horror stories about taking that step from friends and family. But you are determined; you are going to find the perfect home.

Do Your Homework

Hold the Horses! You need to do a thing or two before you rush out with the Sunday paper real estate section:

Real Estate Change

Friday, May 23rd, 2008

Change

A Texas Twister has torn up another piece of landscape. You can drive through and see where loose straw has been pierced through phone poles and wooden structures like arrows.

The loan market has devastated the Real Estate market in similar ways. People are finding themselves with homes mortgaged for more than the current market says they are worth. The low, low introductory rates are running out and the big hit is coming with the full rate and there

Pre-Qualify before you Buy!

Wednesday, May 21st, 2008

The term

Realtor Cluelessness

Monday, May 19th, 2008

Cluelessness

Inquisitive Idiots? Hmmmm, are we talking about first time buyers? Maybe we

Small Town Living in Dallas is Possible!

Thursday, May 15th, 2008

Think living in Dallas means living among sky scrapers, business, industry and the commotion of a large city? Think again. Highland Park, part of The Park Cities area which also includes University Park, may be your ticket to small town living. Comprised of quiet, affluent neighborhoods, it

Buying Agents: Are They Really Working For You?

Monday, May 12th, 2008

Actually, yes, they really are.

The laws on agency can be very confusing, even to those who work with them all the time. Then add to that the ethical questions and you have a mix ready to hand someone a headache.

The law of agency basically works this way. Agents always represent the seller, unless you have contracted with a realtor to be a Buyer’s Agent. It does not matter whether the agent came with you to show you a home that is listed by an agency other than the one they work for. By law, without that contracted understanding between you and the agent, the agent is working for the seller.

Part of that means that they are required to look out for the best interest of the party they are bound to. They will — or should — disclose information that has been given in a disclosure statement, but they may not dig around to see if there is anything else that may be an issue for you.

What Can I Do?

Contracting with the Realtor to be your buying agent binds the agent to you. The Realtor is now legally bound to look out for your best interests; to get you the best deal and make certain you have every bit of information you will need to purchase a house that will suit all your needs.

Interview Realtors before you sign with one. Choose your Dallas real estate agent as carefully as you would pick an attorney or a doctor. Talk to them; make certain that the two of you really can deal with each other. There is no reason you have to take an agent that just doesn’t ‘get it’ about what you are looking for. You are looking for someone who doesn’t show you a ranch/rambler repeatedly when you

Compromise

Friday, May 9th, 2008

Compromise

Compromise? Wrong – it may just be a compromise to your way of thinking. The problem is that sometimes you really are not inside the head of your client, no matter how much you have tried. You really can not see, or feel, or think things about the house in the way that the client has fallen for, in exactly the same way they do. So regardless of how you feel