Wondering what housing experts are calling for in 2023 and how it impacts your plans 🏡 Let’s connect so you’re prepared for what’s to come in the new year.
Whether you’re a first-time or repeat buyer, chances are you don’t need to put 20% down when buying a home 🏡 Let’s connect to make sure you have all the facts you need to know in the homebuying process.
Rents have risen dramatically for over three decades. Let’s connect so you can have expert advice on your side to help you reach your homeownership goals.
Today’s housing market is different than it was in 2008. Let’s connect if you’re concerned about a crash so we can discuss why this isn’t like last time.
Today’s mortgage holders have more equity than ever before 💰 Let’s connect to discuss how your equity can help you reach your homebuying goals.
Recent inventory growth means you have more options and more negotiation power when you buy a home 🏡 Let’s connect if you’re ready to take advantage of the opportunities created by today’s housing market.
Today’s housing market is cooling from the frenzy it saw over the past two years 🏡 Let’s connect so you can have the expert advice you need to sell your house this season.
There’s good reason to make your move right now if you’re ready to sell. Let’s connect to talk about the benefits of selling your house this season.
If you're thinking of selling and making a move this winter, remember your house could also be someone else's dream home 🏡 Let's connect today and start the process of selling your house.
If you're looking to buy a home, opportunity is knocking this fall. Let's connect today to get the process started.
When you buy or sell a home, you're making a difference in your community. Let's connect if you're ready to make a move and make an impact.
The supply of homes for sale has been increasing, and that gives you a better chance of finding the home of your dreams 🏡 Let's connect today so you can start exploring homes in our local market.
Rents have risen consistently year after year for over three decades. Let's connect to discuss all the benefits homeownership has to offer.
Don't let inflation delay your homebuying plans. Let's connect so you can start the process today.
Want to know what the future holds for rates, prices, and inventory 💰🔮📈 Let's connect so you have a trusted advisor with experience in this type of market condition to answer your housing market questions.
Americans rank homeownership as the top sign of financial success. Let's connect if you're dreaming of buying a home this year.
Getting pre-approved is a great opening play as a homebuyer 🏡😎👉 Let's connect so you have a strategy in place that helps you feel confident in your home search.
Today's market is at a turning point. Let's connect so you have an expert in your corner when you sell your house.
Pricing your house based on current market conditions means it's more likely to sell quickly. Let's connect so you can have the best advice when you sell today.
It's critical to price your house right in today's market. Let's connect to make sure your house is priced to sell.
If you’re looking to buy your first home 🏡 you may want to consider condos 📲 Let’s connect to explore your options.
Getting pre-approved is a great opening play as a homebuyer. Let's connect so you have a strategy in place that helps you feel confident in your home search.
If you're following the news 📰 you might be wondering what could happen to the housing market if there's a recession 🏡📲 Let's connect to discuss why history shows a recession doesn't equal a housing crisis.
Following expert advise can bring you greater success when you sell your house 🏡 Let's connect so you have a trusted real estate professional by your side when you're ready to start the process.
When you buy a home, you plant a seed that grows your investment each year. Let's connect so you can buy the home of your dreams and let the equity take root today.
Catch the rewind with Mary Beth Harrison and John Gallent ☀ Spring is considered the start of the residential sales season 🏡 Demand is at its highest during the spring 😎 If you’ve considered selling your home 👉 here's why spring is a great time to move forward with those plans:
🌻 Warmer weather makes buyers active.
🌻 The market is in the right place.
🌻 There are plenty of buyers.
🌻 You can get a head start.
Catch the rewind with Mary Beth Harrison and Johnette Taylor with Roundtree Landscaping 🏡 Once freezing weather strikes ❄️ it’s important to identify damaged plants and take steps to save whatever plantings were not actually killed by the cold weather 🌬 While some plants may be seriously damaged or dead, others might have only minor damage.
Catch the rewind with Mary Beth Harrison and Tammy Farmer with Home Team Insurance 🏡 It’s a good time to make sure your house is ready for Old Man Winter to show up ☃️ Whether snow, ice, freezing or flooding, winter weather can cause a host of headaches for homeowners.
Catch the rewind with Mary Beth Harrison and John Gallent 🏡 Let's talk about what is a buyer's specialist!
Catch the rewind with Mary Beth Harrison and Taylor Stewart with Call Box Storage 🤩 Packing up your life and moving down the street or across the country doesn’t have to be disastrous 📦🤯👉 Learn how to pack boxes for moving, and you’ll be relaxing in your new space before you know it.
Pre-approval gives you a competitive edge when you make an offer on a house. Let's connect so you're in the best position when you find your dream home.
For the next five years 🏡👉 experts say home prices will continue to rise 📲 Let's connect if you're ready to invest in homeownership and grow your wealth.
Thinking of moving up this summer? Let's connect so you can sell your house and find the home of your dreams.
Home prices and mortgage rates are forecast to rise 📈🏡📲 Let's connect so you can sell your house and find your next home before it costs more to move.
Catch the rewind with Mary Beth Harrison and Jason Browning with Academy Mortgage 🤩 Not all home loans are the same 🏡 Knowing what kind of loan is most appropriate for your situation prepares you for talking to lenders and getting the best deal.
Don't give up the search just because you haven't found a home that checks every box ☑️🏡📲 Let's connect to see which of your "must haves" can be accomplished after you purchase.
Ebby Halliday Acers used to live by the saying “Do something for someone every day.” 👉 During the season of giving thanks, her legacy foundation has made it easier than ever to “do something.” 🤩 The Ebby Halliday Foundation will graciously DOUBLE the value of any donation to the North Texas Food Bank made through our giving site. To donate now, visit bit.ly/DPMServesNTFB
Catch the rewind with Mary Beth Harrison and Jason Browning with Academy Mortgage 🤩 Not all home loans are the same 🏡 Knowing what kind of loan is most appropriate for your situation prepares you for talking to lenders and getting the best deal.
In today's housing market 🏡 an imbalance between supply and demand is driving up home prices 📲 Let's connect to discuss how you can tip the scales in your favor as a homebuyer.
There are many reasons to fall in love with homeownership right now 🍂🏡📲 Let's connect to find the home of your dreams.
Catch the rewind with Mary Beth Harrison 🤩 Let's talk about what adds value and what does not 🤔 Selling a house is already a lot of work. Homes that are clean, appealing, and in top shape simply sell for more than properties in less desirable conditions 🏡 Buyers know the home won't require a ton of work upon move-in, and for that, they're willing to pay a premium. For one, it helps you command a higher sale price.
Catch the rewind with Mary Beth Harrison 🤩 After listing your home for sale, things move fast — faster than many of us think 🏡 So how do you prepare yourself for what happens after you put your home up for sale so that your own home sale is a successful one?
There are clear benefits to selling your house sooner than later 🎅🏡📲 Let's connect to talk about ways to sell your house this holiday season.
Current real estate conditions are creating great opportunities for sellers 🏡 Let's connect to discuss why you should expect your house to sell quickly in today's market.
Wondering what's coming in the year ahead 🤔🏡 Here's a look at what experts expect from the housing market in 2022.
👉 Tune in on Wednesday, October 20 at 12:00pm to talk about what adds value and what does not 🤔 Selling a house is already a lot of work. Homes that are clean, appealing, and in top shape simply sell for more than properties in less desirable conditions 🏡 Buyers know the home won't require a ton of work upon move-in, and for that, they're willing to pay a premium. For one, it helps you command a higher sale price.
Tune in https://www.facebook.com/events/1058397144928200/?active_tab=discussion
Experts agree that the housing market is still strong 💪🍂🏡 this fall and gives both buyers and sellers unique opportunities 📲 Let's connect if you’re ready to make a move this season.
Catch the rewind with Mary Beth Harrison with Dave Perry-Miller Real Estate 🏡 answers to commons real estate questions. Whether you’re planning to sell your house or buy a new one, the process can feel daunting 🤯 Real estate transactions are notoriously complicated 👉 so it’s normal to have questions during every step of the selling or buying journey.
Compared to this time last year 💰🏡 selling your house is twice as nice 📲 Let's connect so we can strike while the iron's hot.
Catch the Rewind 👉 Mary Beth Harrison with Dave Perry-Miller Real Estate 🏡 to discuss the real estate statistics. Reflecting on the year and what is projected for the future.
Rents have risen consistently over the last 30 years 💰📈 and they're not showing signs of stopping 📲 Let's connect today if you're ready to purchase a home and move on from renting.
Today's housing market is nothing like it was in 2008 🏡💰📲 Let's connect if you have concerns about today's market so we can talk about why it's so different.
When you buy a home, you're making a difference in your community. Let's connect today so you can be an economic driver and a homeowner too.
If you bought your home a number of years ago 🤔 chances are you have a lot of opportunities between your home equity and today's low mortgage rates 🏡💰🌈 Let's connect to make sure you don't miss out.
Catch the rewind with Mary Beth Harrison and Lathram Pou with National Title 🤩 A real estate deal is generally a long and stressful exercise that involves many steps and procedural formalities. Having the right team surrounding the transaction is the best way to get to the finish line.
Catch the Rewind 👉 Mary Beth Harrison with Dave Perry-Miller Real Estate 🏡 Moving is always stressful, whether you want to sell your house and buy a new one because of a job transfer, you need to move to a better school district, or your current house isn’t big enough for your family.
A real estate agent serves as your expert guide when you sell your house 😎🏡📲 Let's connect today so we can go on this journey together.
If you're a homebuyer 🏡 today's market requires patience and persistence 📲 Let's connect to make sure you have an expert guide along the way.
Catch Dallas Native LIVE On Rewind with Mary Beth Harrison and Kirk Scott with Scott Exteriors 🤩 They discussed the supply chain issues in our building market 🏡 We are having tons of trouble finding building materials and shingles, not to mention prices rising prices.
Catch the rewind with Mary Beth Harrison. Come "Experience Dallas" like a Dallas native. There is so much to offer here, from unsurpassed restaurants, great live theater and music, world renowned art museums, beautiful parks and lakes with miles of jog and bike trails to numerous other amenities. The climate is such that you can spend most months outdoors. There are too many golf courses, both public and private, to count, lakes for boating and fishing and many outdoor events throughout the year. I have compiled a plethora of information about Dallas and surrounding areas, in order to provide an introduction to my great city. If you ever find yourself in need of a resource not listed in this book, you can always call the Dallas Native Team and get pointed in the right direction. We are always available to assist you. Being a Dallas Native, I know you will find Dallas is a great place to call home. Some people refer to Dallas as “Big D” and I would agree with that also. It is Distinctive, Diverse, and Dynamic. https://www.flipsnack.com/dallasnativeteam/experience-dallas-cf6k6gq95e.html
Catch Dallas Native LIVE On Rewind as Mary Beth Harrison and Tammy Farmer with Home Team Insurance 🏡 Homeowners insurance isn't a luxury; it's a necessity. And not just because it protects your home and possessions against damage or theft.
Today's mortgage rates are still incredibly low compared to the historical norm 🏡👉 Let's connect so you can strike while the iron is hot.
Catch the rewind 😎 with Mary Beth Harrison with Dallas Native Team | Dave Perry-Miller Real Estate on how to win in this real estate market.
It's a great time to make the dream of homeownership a reality ❤️🏠👉 Let's connect if your heart is set on homeownership this year.
Catch the rewind 🏡 Mary Beth Harrison and Hedrick's Service Now walk you through the process of hydrostatic testing.
Say something interesting about your business here.
This National Homeownership Month 🏡 take time to appreciate everything owning your home has to offer 👉 Let's connect if you're ready to become a homeowner this year.
Catch Dallas Native LIVE On Rewind 😎 with Mary Beth Harrison chatting about the state of the summer real estate market.
Even in today's ultimate sellers' market 😎 it's key to have an expert guide when you sell your house 🏡📲 Let's connect to optimize your home sale this summer.
If you're ready to upgrade your home 🏡 summer is a great time to do so ☀️📲 Let's connect to get your house listed so you can find your dream home.
Catch the rewind 😎 with Mary Beth Harrison and John Gallent with Dallas Native Team | Dave Perry-Miller Real Estate discussing what is a buyer specialist and why do you need one!
It’s tax time . . . not anyone's favorite time of the year :-( I am here to help.
It is time for the Appraisal District to send out proposed property values. If you think your appraised value is too high, (and who does not), I can provide comparable sales data to help you protest your appraisal. The right to protest is one of the most important rights you have as a tax payer.
Let’s first look at specific deadlines you will want to be aware of. Appraised value notices are being mailed out already.
Whether you live in Dallas, Collin or Denton counties the protest process will be the same. The protest must be in writing, identify the property owner, the subject property and the specific dissatisfaction with the appraisal. Your protest can be mailed or delivered and in some counties can be filed online, but must be filed on time. Once the written protest is received, a hearing will be scheduled. The appraisal districts require specific documentation to be brought to the protest hearing by the property owner.
One of the following must be submitted supporting your value:
(1) A signed and dated closing statement showing sales price lower than evaluation (if the sale of the home occurred in 2018, 2019 or 2020)
(2) Proof of physical or economic obsolescence which would require signed and attested repair estimates from contractors, along with photographs
(3) sales of comparable properties with dates, sales prices and photographs (I can provide comparable sales data for you)
Most of the time your protest can be resolved with a staff member of the appraisal district in an informal manner. But if your protest cannot be resolved informally, then it will be heard in a formal setting by the ARB (appraisal review board). The ARB is a group of citizens who are authorized to resolve disputes between appraisal districts and taxpayers. The decision reached by the ARB is binding for the current tax year unless you appeal to District Court. Don’t hesitate to call me if I can assist you in any way. If you know of someone who would also appreciate my services, please call me with their name and number. It would be my pleasure to help them too!
Appraisal District
Collin County - 972.578.5200 - www.collincad.org
Dallas County - 214.631.0910 - www.dallascad.org
Denton County - 940.349.3800 - www.dentoncad.com
Ellis County - 972.937.3552 - esearch.elliscad.com
Kaufman County - 972-932-6081 - www.kaufman-cad.org
Rockwall County - 972.771.2034 - http://rockwallcad.com/
Tarrant County - 817.284.0024 - www.tad.org
I want to alert you of a new exemption that has just come across. This is for your property appraisal...your property taxes. The exemption was because of the damage that was sustained by the winter storm that caused so much damage to our homes. They have issued a temporary exemption property damage by disaster. It allows you to deduct a certain percentage of your property tax owed, equal to the amount of damage done to your home or your business. To get more information about this, go to Dallas CAD, dallascad.org/forms, and you can read about this exemption. You must apply for it within 105-120 days after the governor issued the declaration of the disaster area.
There are four levels that they're allowing. Minimal may continue to be used as intended damage, you get a 15% exemption. And non-structural damage and water line 18 inches above the floor, you get 30%, et cetera. If there was a total loss, there's 100%. If you had structural internal damage to your home during the storm, it is well worth your time to look into this exemption that will lower your property taxes for 2021.
If we can help you with any more information about that or send you the actual document, you're welcome to contact us at info@dallasnative.com, and we'll send that over to you. You can go to Dallas CAD, dallascad.org/forms, and you'll find it there in the exemptions section. Appraisals are coming out, so we're getting our values for what will be 2021 property tax valuations. Be you looking for those in the mail here soon.
Dallas Native LIVE On Rewind 🤩 Mary Beth Harrison with Dallas Native Team | Dave Perry-Miller Real Estate and Sydney Waits with 2-10 Home Warranty will be discussing the importance of a home warranty.
Catch the Dallas Native LIVE on Rewind 🤩 Mary Beth Harrison with Dallas Native Team | Dave Perry-Miller Real Estate and Lathram Pou with National Title Group discussing the frustration amongst multiple offers.
As fast as our market is moving right now and multiple offers being more the norm than not, I'm finding that some agents are suggesting that the buyer give up their option period. That's a paragraph in the contract that says that the buyer is going to give the seller X number of dollars for the unrestricted right to terminate the contract for any reason within so many days. The shorter, the better right now because again, the market's moving very fast. Instead of asking for an option period, some agents are just deleting that option altogether. Well, that's all well and good. But some agents are also telling their buyers that they don't get to do inspections now that they've given up their option. That is totally not true. There are two different parts of our contract. One talks about the option period. On down the road, paragraph seven talks about the buyer's right to do inspections. So just because you give up your option does not mean you've given up your right to inspect the property.
Now, what it has taken away from you is the ability to terminate for any reason. Let's just say you get into the house and it needs so much stuff, from air conditioning, to water heaters, to roof, whatever and you ask the seller to fix some of those things and they say, no, well, you have nowhere to go with that. You've pretty much given up your ability to just walk away and get your earnest money back. That's really what you'd given up is the right to walk away and typically during that option period, that's when we typically do inspections because if something's going to go wrong on a contract or on a sale, it's usually during inspections because more pops up than you think is going to or you ask the seller to fix a number of things and they say, no, they won't. That does give you some option to terminate and walk away. Once you give that up, you've given up the right to do that. Now you can still terminate. That's certainly within your right.
However, you also might use your earnest money at that point because you did terminate with no cause. Just a few things to watch out for and to keep in mind when you give up that right, exactly what are you giving up? Not the right to inspection. You still have that. You just don't have the right to just walk away for any reason. Hope that helps. If you have any other questions, you can always catch us at dallasnative.com and ask us your questions and we'll find the answer for you.
Owning a home can have an incredible impact on your quality of life 🤩🏡👉 Let's connect if you're ready to make your dream of homeownership a reality.
Today's housing market makes it easy to win as a seller 🏡👉 Let's connect if you're ready to make a move this year.
Catch the rewind with Mary Beth 👉 The right to protest your property taxes is one of the most important rights you have as a tax payer 🥊 So it is time to fight!
Catch Dallas Native Live On Rewind 👉 Mary Beth Harrison and Glenn Harrison with Harrison Home Inspections discussing the importance of a home inspection.
Catch the Dallas Native LIVE On Rewind 🏡 Mary Beth Harrison and Jason Browning discuss the road to home can sometimes be bumpy 🚗 Knowing what to expect can help you avoid the potholes.
In today's housing market, it's critical to be prepared for a bidding war. Let's connect to discuss how we can make your offer a quick and competitive one.
This is really a strange market 🙄 It’s a tough market for buyers right now 🏡 I’ll be the first to tell you 👉 if you’re trying to buy a home 🤯 it’s tough.
I wanted to answer a question I get asked all the time and that's about earnest money and option money. These are two things that get paid immediately upon becoming a contract. First you have an offer...you put in what you would like to have happen...the seller answers back...yes...no...I accept it...I don't accept it...you go back and go..."Okay, I'll do what you've said." So, it kind of goes back and forth and back and forth for a minute until everyone agrees to agree and everyone is signed off on it. And then you have a contract, right? And it's ready to go to the title company, right? You have promised in the contract to give the seller or give the title company for the seller earnest money.
Let's talk about a document that is typically used in writing a contract on a property, and it's called the Third Party Financing Addendum. Assuming that you're not paying cash for a home and you're going to be getting a loan, then you would be using this document called Third Party Financing. What it does is it just kind of lays out what the loan is going to be, and then what the obligations are for the person getting the loan. The first part of the document talks about the amount the loan is going to be for usually 30 years, sometimes 15-year loan, and the percentage, the interest rate, which right now would be maybe three, a little over 3%, and for how many years. That is the first part of the document. But the important part of the document is found towards the bottom, where it says that the buyer will make every reasonable effort to have obtained this loan. Meaning they will have gotten every document to the lender that the lender has asked for. Typically, just for starters, it's two years tax returns, two months of pay stubs, and two months of bank statements. That's the typical thing that they look for just as a minimum, or anything else that has any financial bearing on your life would also need to be disclosed to the lender. The bottom part goes on to say that the buyer will have achieved their credit worthiness by blank date. How long will that take? Well, it shouldn't take more than about 20 days. And that's if a lender is not really on top of things very well, that should be shorter than that. But at a minimum, 20 days is I guess, reasonable. The first part of that document talks about the credit worthiness of the buyer, but the second part talks about the credit worthiness of the house. How is the house credit worthy? Well, let's talk about that. It needs to appraise for the amount that the lender's willing to loan on it. It has to be insurable and the title policy is clear, the survey, all of those things go into the property's credit worthiness. We take the buyer's credit worthiness. We put it with the house credit worthiness, and together you get a loan. If one of those things is out of line, you're not going to get a loan. The buyer's credit worthiness has a timestamp on it. Meaning you've got so many days to accomplish that, whatever that negotiable time is between you and the seller, but the house credit worthiness, meaning the appraisal, the survey, the insurability, that can go on till almost closing. It's incumbent on everyone to get the lender to get on that appraisal, to get the buyer to get their insurance on the property to know that there's no red flags that are going to jump up there. It's a really important document and it carries some heavy weight with the contract. Understand what you're signing and what you're agreeing to as you're filling out that third-party finance. It does go on to talk about an FHA financing or a VA financing. And when you use those types of loans, it has a built-in appraisal clause, meaning the house must appraise for the amount that you're buying it for, or FHA or VA will not give you the loan. Now, can the buyer for a VA or an FHA put more money up to make the difference? Absolutely. Let's just say, for example, you put in an offer on a $300,000 house and it only appraise for 290,000. Could the buyer on either one of those come up with 10,000 more dollars to make up the difference? Absolutely. They have every right to do that, but understand that the lender has every right to say, "No, we're not going to loan the money if you cannot come up with that additional money." You also have to prove to the lender, where's that additional money coming from? They want to make sure that you didn't borrow the extra money to make up the difference. That's always the operative question when the lender asks questions, where'd the money come from? That's all they want to know. Was it in a savings account? Was it under a mattress? I mean, where was that money? Can VA and FHA pay over appraised value? Yes, they can. They just have to talk with their lender about it and make sure everyone understands where the money's coming from. There's a lot that goes on in that one document. Be sure you understand it. And if you don't, then make your realtor explain it to you so that you know what you're signing and what you're agreeing to and the time limits that are in there. If you have any questions or want some help with that, please feel free to call on us.
Catch Dallas Native LIVE On Rewind 👉 Mary Beth Harrison with Dallas Native Team | Dave Perry-Miller Real Estate and Jason Dickson with Integrity Mortgage discussing how you can win offers in a demanding real estate market.
In today's competitive market, the average home for sale receives multiple offers. Let's connect to make sure you're fully prepared as a homebuyer for a potential bidding war.
Catch Dallas Native LIVE on Rewind 👉 Mary Beth Harrison with Dallas Native Team | Dave Perry-Miller Real Estate and Johnette Taylor with Roundtree Landscaping will be the impact Snowmageddon had on your landscape.
Are you thinking about buying a home in the near future 🤔 Let me tell you 👉 the first steps you need to take is to talk to a lender.
It's a great time to sell your house 🏡😎👉 Let's connect to make sure it's ready for success on the spring market.
Did you miss the Dallas Native LIVE last week with Mary Beth Harrison and Taylor Stewart with Callbox Storage 📦 No worries 🤔👉 Check out the replay on reasons to use storage!
You may have more home equity today than you realize 🏡👉 Let's connect to plan how you can leverage that equity in your next move.
Are thinking about selling your home? This might be something you've been thinking about maybe since 2020 hit or some of you are realizing that your home no longer meets your needs.
You planned to move in 2020 but delayed?
Your home no longer meets your needs?
Need more space?
Empty nester now?
Family growing? Need classroom or office space?
Or maybe you are ready to be somewhere else?
So many different reasons to be making a move. We can help you with that, but now is the time to start getting your home ready to sell.
Let's talk sooner rather than later because there's a few small things you can do sometimes that make a big difference on getting your home sold.
Cleaning out the clutter.
Fresh paint.
Clean or changing carpet.
All of those small things can make a huge difference in your sales price and in how quickly your home's sold.
We find that right now...most of our buyers really want to walk in...put their furniture down, go to bed, go to work the next day. They really don't have the time, or the wherewithal, or the knowledge to redo homes. They just need to move from point A to point B and move on with their lives. So we're finding that homes that are really standing at attention are selling pretty quickly.
Is your home in that shape?
That's not to say that there aren't people who won't buy a home and don't want to do the DIY projects. There's always going to be that buyer that enjoys doing that work, that has the ability to do that work, and so there is always a buyer for that home. Don't get me wrong. Every house will sell at some point. At the right price...any home will sell. It's just a matter of analyzing if spending a few thousand dollars will net you quite a bit more?
If you're thinking about selling this year, now is the time to start talking about it. Do you really want to wait till spring when so much comes on the market? Wouldn't you rather be one of few right now? Rather because at a point sometime in the spring you're going to become one of many listings.
If you're thinking about selling, give us a call at 214-365-6500 or email us at mbh@dallasnative.com. We would love to visit with you.
Until now 👉 purchasing a home while selling your current one involved either short-term leases, home-sale contingencies that can ruin offers, or worries about dueling close dates 🤯 We have partnered with EasyKnock 🏡 When you’re ready to move 🚗📲 contact us to list your home and receive the rest of your home value. #dallasnativeteam #dpmre #realestate #dallasrealestate #home #homeownership #makeamove #relocation #sellyourhome #EasyKnock
It’s tax time and because I am NOT with the government I AM here to help you. The first quarter of any new year brings a lot of tax implications or should I say tax action on your part.
1) If you bought a home in 2020 you will want to file homestead to lower your property taxes.
2) If you bought or sold a home in 2020 you will need to use your closing disclosure to determine what can be deducted from your taxes.
3) Sometime in April or May you will receive the new evaluation from the Appraisal District establishing the value for your property and therefore your property tax obligation to be paid in 2021. You have the right to protest the evaluation.
I will address each of these action items below:
As with any tax information, consult your tax professional for complete information
1) Filing Homestead Exemption: You must have owned your home on January 1, 2021 to file. You have until March 30, 2021 to complete the form and you (or your mortgage company) will not see the result of this action until your bill comes out in November 2021. This is a free service. Do not pay anyone or a company to do this for you. If you bought a home with an existing Homestead on the home, you will have kept the existing homestead through 2020 but now you must apply in your name. Your driver’s license must read the new address. You can do all of this, driver’s license and file homestead on line. Go to the websites listed below, type in your address to confirm change of ownership, as well as, fill out the form needed to file homestead exemption or print document and mail.
Drivers License
Texas Department of Public Safety http://www.dps.texas.gov/DriverLicense/
Appraisal District
Collin County | 972.578.5200 | www.collincad.org
Dallas County | 214.631.0910 | www.dallascad.org
Denton County | 940.349.3800 | www.dentoncad.com
Ellis County | 972.937.3552 | www.elliscad.org
Rockwall County | 972.771.2034 | www.txcountydata.com
Tarrant County | 817.284.0024 | www.tad.org
2) Using information from the closing disclosure on you Federal Income Tax Return: Some of your closing costs might be deductible on your federal income tax report. Consult your tax consultant on the items that can be used.
If you sold a home in 2020, you may remember giving the buyer your prorated share of your tax liability for 2020. The closing disclosure is the only place you will find this information to use as a deduction on your taxes.
Under current law, there is no capital gains tax liability from sales profit of your primary home with the following limits...Married couples can exclude up to $500,000 of gain when they sell their home and $250,000 for individual homeowners. The home must have been your principal residence for at least 2 of the last 5 years.
Are you thinking about selling your home this year? I know that there are some concerns about selling your home. You don't mind selling your home. That's not the problem. The problem is, where are you going to go? I understand that. I understand the issues with that right now, with inventory as low as it is. But in my 30 years of real estate, I've never left anyone homeless. So there's some solutions to that. Maybe we find buyers who have the flexibility. Maybe they're renting and they can go month-to-month. Maybe they can close on your house or not close for three or four months, whatever works best for all parties.
It's not necessary that you have to buy. I mean...put your house on the market...sell within 30 days and figure out where you're going to go. There's alternatives here. If that's your concern, if you're really wanting to sell this year, let's talk about it. Let's talk about the different ways that we can make that happen for you in a very seamless way. There are a lots of different ways to solve this problem.
But that seems to be the biggest concern for the sellers right now is, "Yeah, you bet we could sell our home and you could sell it pretty quickly. But where are we going to go?" Just know that we have some solutions for you. It doesn't have to be as hysterical as it seems like it would be. So let's talk, come up with some solutions, come up with some ways to solve the problem and let's figure out what we can do for you if you really don't want to make a move in 2021.
You can reach me at (214) 365-6500 or email mbh@dallasnative.com. Our website is full of information www.dallasnative.com and find all kinds of information. The main thing is we are here to help you and there are ways to help you through this selling season.
2️⃣0️⃣2️⃣1️⃣ will be a great year to buy a home 🏡📲 Let's connect to make sure you're ready for success in today's housing market.
Are thinking about buying right now? So many of our clients are renting right now. Their leases are up sometime in the spring and they are getting kind of antsy about starting to look for houses...and I get that. Once you get that bug, it's hard to shut that off, isn't it? Let's say your lease is up in April. Well, if you really do want to see your lease through to it's end, then you need to be very seriously looking towards the end of February, certainly by March so that you have about 30 days to find a house and 30 days to get it closed with a loan. You kind of start working backwards on that. But here's another thing, have you talked to your landlord or to the apartment complex to find out what would it take to break your lease?
Experts forecast a year of continued strength in the housing market. Let's connect to explore how 2021 could be the year to achieve your real estate goals.
Today's housing market is highly competitive for homebuyers, so it's critical to gain every advantage in the process that you can. Let's connect to make sure pre-approval is one of the first steps you take toward homeownership this year.
In today's market, selling your house without an agent's help can be a big mistake. Let's connect to talk about the ways a professional brings greater success to the process.
This holiday season may be the perfect time to sell your house. Let's connect to discuss how today's buyer demand is presenting the greatest opportunities for sellers.
Dallas Native LIVE on Rewind ⏩▶️⏪ Mary Beth Harrison, Jason Browning and Jack Roth 🏡 chatting about Rent vs Buy.
According to experts, the housing market is not forecasted to cool off this winter. Let's connect to make sure you're ready to enter the real estate market during the hottest time to buy or sell a home.
T'was the week before ✨ Christmas and all thru Big D
People were scurrying to get 🎁 gifts under the tree
Houses were looking 🏡 all shiny and bright
In hopes that 🎅 Saint Nick would come Christmas night
Some sellers were packing 📦 for their end of year sale
While buyers 😉 were waiting patiently
for lenders 📬 docs in their mail
It seems king of crazy 😎 to move at this time
But new owners ⏳ get to file homestead
and save 💰 taxes that's divine
So go hang your stockings 🔥 by your chimney with glee
If you have been 🤩 good this year
good will be found 👉 you'll see
No matter the gifts its the good times 🥳 we revere
From our 🏡 house to yours
Merry Christmas and Happy New Year!
In the spirit of giving 🎁 we have partnered with the Housing Crisis Center to provide Christmas for those in need 🎄 Help us bring joy, laughter, hope and peace ☃️ Making our community a better home for everyone!
We want to wish everyone a very Happy Thanksgiving 😉 What a year this has been! Thanksgiving may look a little different to some. Whether you share a meal on Zoom or surrounded by your immediate family, enjoy each moment 😍 We are thankful for so many things. For as much has gone wrong this year, there's a whole lot that's gone right. It has taught us to slow down and reflect. I am most thankful for my fabulous team who is unsurpassed in the real estate industry 🤩 I am also thankful for our clients and all the support and love that you all share throughout the year. Your referrals to us means everything. Looking forward to just a brighter 2021.
Let's talk about equity in your home. We get a lot of questions of, what is equity? How do I build it? How does it get there? What does it even mean? So let's just say you bought your home at $250,000 several years ago, and you've paid it down to $200,000. Well, today, your home is worth $300,000. When you go to sell it, your equity is that $100,000. You want to know how to build equity? Start off with your home. Let it grow. Pay down those payments to where you owe less. Buy the next house with the equity from the first. If you need any more information, you can reach us at www.dallasnative.com. We go where you go!
We realize that for many of our fellow North Texans have struggled this year 😷 Sadly, for I in 6 North Texans, food insecurity is an everyday emergency. Every $1 donated provides access to 3 nutritious meals! We have set a goal to raise $75,000 for the North Texas Food Bank. Join us in fighting hunger in North Texas!
Donate here 👉 https://ebbyhalliday.causevox.com/%20
Check out this helpful tip if you're thinking about buying at home or are in the middle of the buying process 👉 one thing you don't want to overlook or miss doing is a walkthrough before closing 😉 You think that's not important because after all, you saw the house 🏡 you loved it 🥰 you put a contract on it. So what's the harm there 🤔 Well, here's a couple of things that can happen.
I'm just curious, have you thought about selling your home? Maybe you want to do it in a month, or two, or maybe next spring. And so what are some of the things you can be doing to get ready to put your home on the market? Well, first and foremost, you want to start thinking like a buyer, look at your house through the eyes of a buyer. You know, those little things that just bug you all the time, but you walk by them and just don't pay any attention and you've forgotten about it, that scratch on the wall, or that torn wallpaper, or paint that you don't really love. Those are the things that need to be dealt with now, while you're thinking about selling and getting the house ready to sell. If you think about walking through your house, not with your eyes that see it all the time, but walk through your house with the eyes of a buyer.
Today's housing market is empowering homeowners with the control they want when selling their house 🏠 but as home inventory begins to rise 📈 this fair weather won't last forever 😎 Let's connect to start the process of selling your house now while it's still the best time to do so.
Have you been thinking about selling your house but a little concerned to do it in this time? I understand, totally get it. Let me just get some of your fears to rest here. As we continue on, we've just gotten better and better at this. We're all very, very cautious about how we approach houses, how we sell houses, how we show houses. Now, both agents and buyers are very cognizant of the safety and health of not only the seller, but of themselves as they're looking for homes. Don't put it off, now's a really good time to put your home on the market. Your home always looks great during the holidays...the leaves are changing and the grass is still green.
Homeowners have a net worth that is 40 times greater than that of renters. Let's connect so we can begin planning your first step toward building your financial future.
There are several key things to avoid doing once you've applied for a mortgage. Let's connect to make sure you have the information you need to move through the process with confidence.
We realize that for many of our fellow North Texans have struggled this year 😷 Sadly, for I in 6 North Texans, food insecurity is an everyday emergency 💰 Every $1 donated provides access to 3 nutritious meals 😎 We have set a goal to raise $75,000 for the North Texas Food Bank.
Join us in fighting hunger in North Texas! Donate here 👉 https://ebbyhalliday.causevox.com/%20
Catch the replay ⏪ On Contracts 💥 LIVE 💥 Did you know there is an addendum for that?
Experts agree the 2021 forecast is calling for continued home price appreciation 🏡📲 Let's connect to get your house ready to sell while home values are still rising in your favor.
Someone asked me an interesting question the other day...and I thought...hmm...I need to throw that out there and see what you think about it. So the question is, "Are you living in the home that you want to be living in?" Kind of an interesting question, isn't it? I think we all get used to just living in our home and accepting whatever it is that bugs us, or isn't quite right, or it doesn't quite fit, or whatever that is. I think we just get used to it and just go, "Oh, well, it's fine, it's fine." Really? Do you want to be living in just fine? How about living in the home that you want to be living in? I think these times have found us with different needs in our homes.
Hey homebuyers...we are talking to you today. If you are in the process of buying a home or even thinking about buying a home, this is probably one of the biggest mistakes that potential homebuyers make. While you're in the process of buying a home, you don't want to go out and buy anything big or take out new credit. For example, don't go buy a new car. Don't go buy that refrigerator, or washer-dryer, and furniture. You don't want to do any of that while you're trying to buy a house because the lender has approved you according to the credit before you went under contract. They approved you on the credit that you had at the time and the payments that you making at that time. So when you change that, the lender goes, "Hmm, we might have a problem here." So buyers don't do that! Do not take out any new credit! Don't buy any big stuff! Wait until after you closed and then do it!
This is the best day ever because the whole team is together and we're doing our planning for the remainder of 2020 🔥 This has been the weirdest year ever 🤯 We had to throw about half of our marketing out the window this year because of COVID 😷 So we've regrouped 👉 our team has been meeting via Zoom twice a week since March to stay on top of things with each other and keep things running smoothly for our clients 😎 Today we did all finally get together and it was great to see everybody in new person. #dallasnativeteam #dpmre #dallasrealestate #realestate #realestateagent #realestateexpert #teammeeting #dallasnativevoice #planning #brainstorming
The faces of hunger are diverse 1️⃣ in 6️⃣ North Texans are food insecure 😔 More of our neighbors are left without steady income resulting in an exponential increase in the need for food assistance. So far we have raised almost $35,000 💰 That’s even more impressive when you factor in that every $1 raised provides access to three nutritious meals. Join us to 🥊 fight hunger in North Texas! We are halfway to our $75,000 goal honoring our 75 years as a company
👉 To donate today, visit: https://ebbyhalliday.causevox.com/
With so much extra time being spent at home, your family may be putting bigger demands on your house than it can handle. Let's connect to find the perfect home that's able to meet your needs.
Experts are raving about the amazing recovery the housing market has made 📈🏠👉 Let's connect to plan the best move you and your family can make this year.
The North Texas real estate market is still hot 🔥 During the month of July 😎 our company helped almost 2,000 North Texas households with their real estate needs for a total of $1 Billion in sales 💰 the best month ever in our 75-year history ⏳ And August continues to be busy - showings are up 📈 but inventory remains low 📉 If you’re curious about your home’s value 🏡 or anything else real estate-related 👉 we would love to chat.
Buyer activity is continuing to rise 🏡📲 Let's connect to discuss why selling your house now could get you the price and terms you've been waiting for.
We are talking closings with Lathram Pou, President of National Title Group and Jason Browning, Branch Manager of Academy Mortgage! They are sharing their best practices for the closing process and what agents can do to ensure their clients enjoy a quick and easy closing.
For the 7th year running 💥🏠 Americans have ranked real estate as a top long-term investment 📲 Let's connect to discuss your real estate plans for this year.
We’ve dealt with a lot of uncertainty this year 😷 but one thing is sure 👉 Dave Perry-Miller Real Estate and the Ebby Halliday Companies main committed to serving everyone who wants or needs to move during this time 🏡 It’s a commitment we have proudly honored for 75 years 🤩 and will continue to honor for many, many more 📲 If you’re thinking of a change of scenery this fall, let’s chat.
Experts anticipate a V-shaped recovery for our economy 🏡 and the housing market is leading the way 📲 Let's connect to make sure you have everything you need to make your best real estate decisions this year.
What's something exciting your business offers? Say it here. On January 28th of this year, we announced our partnership with the North Texas Food Bank. We promised to donate a portion of our closing proceeds to the North Texas Food Bank. We have made true on that promise and will continue to do so throughout 2020.
Please donate at https://ebbyhalliday.causevox.com/%20.
Sadly, for I in 6 North Texans, food insecurity is an everyday emergency. As COVID-19 closures continue, more of our neighbors are left without steady income resulting in an exponential increase in the need for food assistance.
Today's low interest rates are driving home affordability 📊🏡👉 Let's connect to discuss how buying a home may be a great move for you this year.
NTFB is a member of Feeding America, a national hunger relief organization.
Please donate at https://ebbyhalliday.causevox.com/%20.
Every $1 donated provides access to 3 nutritious meals!
Our support will help NTFB meet the increased need and ensure they can continue to feed our community!
Ebby Halliday Companies Fight Hunger by North Texas Food Bank.
Join the Ebby Halliday Companies in fighting hunger in North Texas!
A recent study from Fannie Mae shows that both buyers and sellers think it's an increasingly good time to make a move 💥😎🏡👉 Let’s connect to take your plans forward this year.
Hey homebuyers...we are talking to you today. If you are in the process of buying a home or even thinking about buying a home, this is probably one of the biggest mistakes that potential homebuyers make. While you're in the process of buying a home, you don't want to go out and buy anything big or take out new credit. For example, don't go buy a new car. Don't go buy that refrigerator, or washer-dryer, and furniture. You don't want to do any of that while you're trying to buy a house because the lender has approved you according to the credit before you went under contract. They approved you on the credit that you had at the time and the payments that you making at that time. So when you change that, the lender goes, "Hmm, we might have a problem here." So buyers don't do that! Do not take out any new credit! Don't buy any big stuff! Wait until after you closed and then do it!
For the 7th year running, Americans have ranked real estate as a top long-term investment. Let's connect to discuss your real estate plans for this year.
Last year, the North Texas Food Bank provided access to nearly 77 million meals to those in need in our 13-county service area through a variety of dedicated programs. Each program presents a unique solution to the ongoing pursuit of closing the hunger gap in North Texas.
Join the Ebby Halliday Companies in fighting hunger in North Texas! Please donate at https://ebbyhalliday.causevox.com/%20.
Climbing home sales and values are strong signs that the housing market is recovering 😎🏠👉 Let's connect to plan the best way for you to move forward in your real estate goals this year.
1️⃣ in every 6️⃣ people 👉 including 1️⃣ in 5️⃣ children 🤔 in our service area are food insecure...which means they don’t always know where they will find their next nutritious meal.
Many North Texas neighbors must choose between putting food on the table and paying for health care or utilities 😟Hunger exists in all zip codes and is found where you might least expect: on college campuses, in corporate offices, at childcare centers and in farming communities.
👉 Join the Ebby Halliday Companies in fighting hunger in North Texas!
Please donate at https://ebbyhalliday.causevox.com/%20.
I want to share some information to buyers out there and homeowners that are trying to refinance about a new law that Fannie Mae and Freddie Mac government issued loans have just instituted. Starting September 1st on refinances, they are going to be charging a 50 basis points, which is basically 50% fee that would be 50% of your loan amount or your refinance amount is going to be charged as an additional fee. Well, let's put that into some money. If you were refinancing say a hundred thousand dollars of your home loan, that would equate to 500 additional dollars on your closing cost. Conversely, if you have a $200,000 refinance, that's now going to be an a thousand dollar additional fee on your closing cost. And so it goes, 300,000 will be a 1,500 additional fee on your closing cost.
When you go to refinance a house, you have to take in what your closing fees are going to be. Let's just say it's $1,200, it's going to be more than that. Divide that out over how many months is it going to take to eat up those fees in your savings of refinancing? You kind of have to look at the bigger picture here. Is it worth refinancing? The thought is from the Mortgage Brokers Association is this is a very unfair fee that's being charged and is going to hurt homeowners that are trying to reduce their cost. By reducing their cost, they're adding to their cost. It just washes itself out.
You need to be locked in before September 1st on your refinance if that's what you're going to do with those type of loans. Talk to your lender immediately. Find out what those new rules are and how it's going to affect you as a homeowner trying to refinance those loans and make sure you don't get caught up in that new law that's going into effect September 1st. As I get information, I want to share it out with all of our viewers because information is a powerful thing for everybody, isn't it?
If you need any more information, please feel free to contact us. You can reach us at our website at www.dallasnative.com or on all social media. We go where you go!
If you’re considering listing your home 🏡 this summer offers an extraordinary opportunity ☀️ To get started 👉 contact us today!
Things are moving quickly in today's real estate market 🏡 but the numbers are looking good for both buyers and sellers 😎 Let's connect to make sure you have what you need to achieve your housing goals this year.
There are many financial and non-financial benefits to owning a home 💰🏡👉 Let’s connect to put your homeownership plans in motion this year.
Rates change every day and you might not be asking quite the right questions. So, I wanna share a few things with you and and how mortgages work and why lenders think like they do and ask the questions that they do.
According to the WSJ 👉 85.3% of economists believe an economic recovery will begin in the second half of 2020 🏠 Let's connect to discuss how the expert forecast may influence your plans in the housing market this year.
If you are thinking about selling your home 🤔 the big question becomes does it stay or does it go?! Before you list your home create a list of items you want to keep 😉 From the chandelier in your dining room to the mirror in your powder room or the pot rack in the kitchen 👉 All of these items make your home personal to you.
With home prices rising 🏠 homebuyers have the opportunity to gain significant wealth through their home equity 💰 Let's connect to get you on the path to homeownership.
We are so excited to be collaborating with Blackbird Box. This is a new venture that we're doing for our clients and I'm so excited to share with you.
Business science, health science, and social science all influence the projections we're hearing from economic experts right now. Let's connect to discuss the latest insights and how they may impact our local market.
Home equity is a homeowner's interest in a home. It can increase over time if the property value increases or you pay down the mortgage loan balance.
With so much changing in today’s market, it’s important to know what the experts are saying. Let’s connect to discuss how these changes may impact you.
If you're thinking about making a move in 2020, now's the time to start thinking about it. Do we need to talk to a lender, do you need to figure out if you sell this where you're gonna move to, all of those things come into play, and we can start that conversation now, even if you don't want to move for three to six months.
Let's talk numbers 👉 Our office finished #4️⃣ out of 900 offices under the HomeServices umbrella 😎 That is something to celebrate!
Give customers a reason to do business with you. The key to selling your house is to price it just right 🏡❤️👉 Let's connect to make sure your house is priced to sell this season.
Evolution is the key to real estate innovation. Our motto is innovative service. Our mission is to continually evolve to lead the ever changing real estate market through both high tech and high touch service.
Whether you are buying or selling a home in Dallas, or you are relocating to the area, the Dallas Native Team is here to help.
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