Tuesday, January 26, 2010

3 Bedroom Downtown Dallas Townhome For Sale Or Lease With Owner Financing. $324K. Lease At $2,200 Monthly.

Located literally a couple minutes from downtown Dallas, Uptown, the Dallas Arts District, and the Baylor Hospital and medical center, this 3-level townhome features 3 bedrooms, 3.5 baths, and a rooftop deck. The rooftop deck overlooks the neighboring greenbelt and jogging trail at Exall Park and allows 360 degree views of the city of Dallas.

Floors are hardwoods, marble, and berber carpet, while granite counter tops, stainless appliances and 42" wood cabinets detail the kitchen. The professional series fridge is included along with a full-size washer and dryer, and a 42" Plasma TV with 5-speaker surround system.

The master bath features a jetted tub for two and a huge walk-in closet. The garage and rooftop decks are each painted with special coatings which make cleanup a snap.

For more information and photos, visit www.t2realestate.com, or call Troy Corman at 214.690.9682 to arrange a viewing.

Dallas Home Prices Up 1.4% Over Last Year In Latest Case-Shiller Home Price Index

By Troy Corman, t2realestate.com

The latest S&P/Case Schiller Home Price Index was released today January 26, which reflects the statistics from national home prices during November 2009. The Index measures residential housing prices in 20 metropolitan regions in the U.S.

Dallas posted a 1.4% increase in average home prices that were recorded from homes sold in November compared to November 2008. Three other cities also posted increases.

Although home sales were sluggish in December following the original deadline for the government tax refund, home prices are likely to stabilize or increase as we approach the revised home purchase contract deadline date of April 30, 2010. You must have a signed, executed contract by that date. Also, income limits have been relaxed to allow singles with incomes up to $145K to receive a refund, while couples filing jointly are eligible with incomes up to $245K.

In addition, if you have lived in your current home for 5 years, you can also qualify for the $8,000 tax refund. With rates near historic lows, and home prices at affordable levels, now is a great time to buy. So stop making the landlord rich!

Search DFW homes now at dallashomes2buy.com

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Sunday, January 17, 2010

Set Up Your Own Automatic Home Search at Dallashomes2buy.com

By Troy Corman, t2realestate.com

t2 Real Estate LLC launched www.dallashomes2buy.com to allow users to search thousands of Dallas homes for sale. The MLS search site contains a robust set of features which allows users to save their favorite homes, set up their own auto searches and receive email alerts on changes to home listings in their search areas.

t2 Real Estate is also currently developing todayshomedeals.com. It will highlight some of Dallas' best home deals each day, and will feature daily price reductions on Dallas homes.

Todayshomedeals.com is designed to allow users to quickly view and buy discounted real estate, while providing motivated home sellers a large home buyer audience.

Friday, January 15, 2010

DFW Area Four Seasons Gets Foreclosure Notice

Wall Street Journal article summarized by Troy Corman, www.t2realestate.com

Search Dallas homes for sale at www.dallashomes2buy.com

The Four Seasons Dallas, located in Irving, Texas and home of the PGA's Byron Nelson Golf Championship received a foreclosure notice this week. The 431-room hotel was bought in 2006 by BentleyForbes Holdings LLC, which failed to make it's October mortgage payment. It seems it was hoping that the mortgage servicer, CWCapital Asset Management would revise the terms of the loan - since the hotel's cash flow isn't covering the $10.9 million interest payment.

The owners claimed that they have acted in good faith, and point out their $60 million renovation of the property since they purchased it in 2006.

The Four Seasons hotels in San Francisco and New York are also in financial trouble, as cash flows no longer cover the mortgage debt.

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