Real Estate Made Simple |
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Licensed Broker for the State of Texas |
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Dennis Johnson Real Estate make buying property easy. We stay involved in every aspect of the home buying process. For the Dallas Texas area you can find new homes for sales, existing homes for sales, government owned HUD homes for sale (we are an approved HUD agents), bank foreclosed homes for sales, public lending auction homes for sale and current mortgage rates and tax appraised values, and current market information for the area you are looking at. Those sites are as follows:
Find Home Prices and Values: Zillow.com
You will also be able to find in the Dallas and Ft Worth Texas areas home inspectors, mortgage companies, title companies and tax appraisal information by clicking on the appropriate tab above. If you want to view a property or need more information on a property in the Dallas and Ft Worth Texas area we'll be glad to help you with that also by contacting us at dengate45@gmail.com. ADDITIONAL INFORMATION: REFINANCING OR PURCHASING A FORECLOSED HOME? Many people wonder if and when it is a good time to refinancing your existing home or the purchasing of a foreclosed property. Ultimately the final decision will be yours after doing your research. REFINANCING: As a rule of thumb, if the current rate is greater the one percentage point below what your current rate you are paying then it may be beneficial to refinance. To see how long it takes to recoup your refinance charges then take the charges you paid to refinance the loan and divide it by the difference in your old monthly rate from the new monthly rate. The results will tell you how long it will take to recoup your finance charges. If you plan to sell your home before you recoup all of your charges then don't refinance. Also, another thing you should consider is how to pay for the refinance charges. You normally have two options. One, is to pay for them yourself. The, other is to rollover the charges into the new loan. If you rollover the charges into an your new loan then that will increase you principal by the amount which increases the monthly payment rate. There are other things to consider such as the tax consequence of refinancing, the period you want to refinance, the new monthly payments so do your research. HOW MUCH EQUITY IS NEEDED TO REFINANCE? Many finance companies will want to have from zero to 20% equity in your home. All government and private mortgage companies require different equity amounts to refinance. Do your research again in this situation. BUYING A FORECLOSED PROPERTY? One consideration is the location of the property. Is there a landfill, power lines and even railroad tracks nearby. All of those items affect property values which you need to research. You also need to view the inside of the property. I've seen properties from minor to major property damage done. We can help you view HUD properties when you are ready. You also need to know what the property values are in the area. A good place to do that is at Zillow.com . Also, may tax appraisal districts can help you with this and other information regarding the property. I have included the websites of the appraisal districts in the Dallas and Ft Worth Texas area. You can visit these sites by click on the tab above. CONTACT US AT DENGATE45@GMAIL.COM IF YOU NEED MORE HELP. |
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Hot on Homes new home sales: 
Existing Homes for sales: 
A great place to locate new homes, existing homes and rental property: 
Research the area you are interested in: 
Government Owned Hud Homes: 
Foreclosed Properties: 
Auctions foreclosed properties: 
Online Real Estate Market Place: 
Consumer Loan information: 
Online Mortgage Shopping: 
