There are so many home owners in financial distress in the Frisco and surrounding areas that it is just sad that this is even a problem…  Unfortunately as a short sale expert I have to see the effects of what being mislead can do to a seller in foreclosure.

There are really three kinds of short sale problems in my opinion…

1. Short sale scams where the person taking advantage knows they are harming the home owner in distress or foreclosure.
2. Short sale scams where the person, usually a Realtor or real estate agent that is just in over their head.  They just don’t understand all that is involved in successfully completing a short sale transaction and all the steps necessary to get the bank/lender approval.
3. The real estate agent (usually) has some experience and may be able to “fumble” their way through some short sale transactions but just don’t know enough to know when they are over their head OR even worse they KNOW but don’t tell the seller that they are in a short sale transaction that is beyond their expertise…

Any of the 3 above could lead the home owner (seller) into foreclosure.  It is important to work with someone who has worked with numerous banks on Short Sales.  Team Decell has done just that.  We are here to assist you through this very hard time in your life.

If you are interested in talking to someone about your options please call us.  If you are interested in refinancing your current home or homes for sale in Frisco, homes for sale in Plano, homes for sale Allen and homes for sale in McKinney area TEAMDECELL is who you need to call.  TEAMDECELL sells homes in the Frisco, Plano, Allen and McKinney Area primarily.  They are your home town experts and offer excellent customer service.  214-975-3210

These days, tax credits and high housing inventory make it a buyers’ market. If you’re a seller, don’t despair. There are a variety of renovations that can help make your home stand out. Many buyers look at numerous homes when shopping for a house; so enhancing your home to make it more memorable is vital and increases the chances of a successful sale.

One of the most important things that you need to do is make sure that the pictures that are on the internet via MLS or other sites are good looking pictures.  Buyers are making their decisions to look at or not look at based on what they see on the internet.  So look at your pictures as a buyer would see them and adjust if necessary.

Clearing clutter, taking down personal photos, applying a fresh coat of paint, making minor repairs, and keeping a pleasant aroma are all basic techniques to make your home more appealing. But there are a few other creative enhancements that you can do to wow buyers without emptying your wallet. The results not only attract more attention, but also paint a picture of a well-cared-for home.

While not everyone has the same taste in housing, typically buyers are attracted to larger kitchens, extra storage space, light and bright rooms, and open floor plans. Special finishing touches on a home can be the needed incentive to generate an offer.

Industry experts agree; Americans are expected to spend $217 billion on remodeling in 2009. Here are five areas where homeowners may spend some of their remodeling money to add the “wow” factor to your home.

1. Go green. Energy efficient products and household goods are attractive to buyers. Renovations or replacements that help make the house more energy efficient are popular. Things such as better insulation, replacing old windows, caulking, and adding skylights can increase value.

2. Crown molding and wider baseboards. Some homeowners are shy to experiment with this, especially if they live in a small home, but it can be very attractive in any size home. Wider baseboard. The measly baseboard that builders often use in tract homes doesn’t draw attention. Adding a wider baseboard and a fresh coat of paint makes the room come to life. Also, framing windows and doors helps complete the look of a room.

3. Textured paint. Faux finishes, accented walls, or even just a little fresh paint on them makes a lasting impression. Choose colors and textures wisely. Don’t get carried away with a color you love (e.g. purple walls—I’ve seen it in a home for sale). Remember, that you want your home to appeal to the masses. You can always paint your new home purple—and then change it when it comes time to sell it!

4. Improved flooring. Wood, tile, and new carpet can be a showstopper. But if the flooring is chipped, torn, or dirty, you’ll get the opposite reaction from buyers. They’ll think your home hasn’t been cared for properly which could result in a lower offer — or no sale at all.

5. Add a deck or arbor.  Adding a deck or arbor can add value to your home. It’s a nice feature in a yard and many buyers are happy to purchase a home that already has a deck or arbor so that they don’t have to take on that home improvement project.  Out door living areas are a definite attraction.

For more information or information on the Frisco Area or on any Frisco Foreclosure call: TEAM DECELL at 214-957-3210.

February saw an improvement in the real estate market of Collin County and surrounding areas, which included Plano, Frisco, Allen and McKinney, reports the Collin County Association of Realtors (CCAR).   Home sales increased by more than 34 percent over January, and the median sales price was 7 percent higher in February ($167,250), than in January ($156,200).

The CCAR Pulse, which delves into the real estate markets of 36 local communities, including Frisco, reports that the average time a house was on the market in February was 111 days, down from 113 days a year ago.

“The good news isn’t just for sellers; local buyers have a great opportunity right now.  Because interest rates are at historic lows and the median family income is 158 percent of what is needed to qualify for the median priced house, the average buyer will be able to find a nice home at an affordable price,” notes Steve Haid, CCAR member services director.

  Can it be that we are climbing out of the slump?

The overall inventory of available homes on the local market remains balanced at 5.9 months.  However, there is an undersupply of houses priced below $200,000 and an oversupply of homes priced above $500,000.

Beautiful Coppell TownHome

Absolutely charming 3 bedrooms, 3.5 bath old world town home featuring the finest finishes. Richly appointed master bedroom downstairs along with a wonderful gourmet kitchen; upstairs you will find two large bedrooms, a family room and a large unfinished area that could be a media room.

Community amenities include resort style pool, spacious fitness center, entertainment pavilion with barbecue grill and outdoor fireplace.  To see more pictures go to the website www.705snowshill.com.

**Mention this website and Builder will pay your monthly HOA dues for the first three months AND $2500 in closing costs if Waterford Financial Group is used for the mortgage**

§                            3 bedrooms, 3.5 baths

§                            Luxurious and rich custom finishes and features throughout.

§                            Over 2500sf

§                            3 large bedrooms each with its own bath, plus a 2 car attached garage.

§                            Low maintenance, lock and leave community - great for the active, on-the-go life style.

§                            Community pool & spa, barbecue grill, fireplace and clubhouse with kitchen and exercise room.

§                            Mention this website to receive $$$ for closing cost **

§                            Website: http://www.705snowshill.com/

Contact:
TEAM DECELL
Damian & Craig
214.213.1617 (Damian)
214.924.9539 (Craig)
http://www.teamdecell.com/

Often the first step in selling your home is making sure it’s ready for the market in the first place. Some sellers rush a home onto the market without properly preparing it for the public. By considering early on improvements that you may need to make, you can save yourself future headaches.

The amount and kind of work that you should do depends largely on the price you intend to ask, the time you have to sell, and the current condition of the house. If your house is in good condition and you’re pressed for time, do the small things that can make a big cosmetic difference. New paint, re-grouted tile in the bathroom and kitchen, new carpet in the major traffic areas-these are the kinds of things that can be relatively inexpensive for you yet important to potential buyers.

As far as major projects are concerned, avoid making improvements that may come down to a matter of taste. For instance, most buyers will appreciate newly tiled bathroom floors or brand new professional roofing, but not all buyers will be swayed by an expensive swimming pool in the back yard. Make sure that the investment in time and money you make for any project will be recouped in the sale of your house.

We would be more than happy to help you with any questions you have as you move towards the sale of your home. Please also visit our website, www.TEAMDecell.com, it is a great information resource for real estate. When you are ready to put your property on the market, I can see to it that it is marketed effectively. Please don’t hesitate to call me with any of your real estate needs.