Frisco House Search » » #CobbHillFriscoTexas

Want to buy that “ugly house” but don’t have cash to fix it up?

Nick Walton Realtor® — Fri, 18 Mar 2016 16:54:16 +0000

Have you found a house in the perfect location however the house needs too much work done to qualify for a regular mortgage?

Don’t let this ugly home slip through your fingers as there’s a mortgage product available that lets you buy a home, have it renovated and include the rehab costs into the mortgage!

Don’t want to live on a building site whist the renovations are being done? No problem, you can have all the work done before you even move in!

What is the awesome mortgage called I hear you ask?

It’s called a FHA 203k and it’s a specialized renovation or construction loan, backed by the Federal Housing Administration. It is available to buyers, and combines the traditional “home improvement” loan with a standard FHA mortgage, allowing you to borrow your renovation costs.

Below is an overview of the 203k loan program:

Downpayment of 3.5% of the purchase price plus renovation costs.
600 FICO score.
You can do anything with this loan, fix foundation issues, add a room, move a wall, make repairs, even repair the pool, ect.
All of the renovations will be done before you move in.
Customize any home into your dream home.

Please contact me or txt / call 469-556-2393 and I can put your in contact with a lender that specializes in renovation loans as some lenders don’t do them.

Just Listed ‪#‎HomesForSale‬ 2/14/16 In Grayhawk, Frisco

Nick Walton Realtor® — Tue, 16 Feb 2016 20:10:37 +0000

Just Listed homes in Grayhawk Frisco neighborhood W/C 2/14/16
Contact Me today if you are interested in seeing any of these homes as they will be gone very quickly.

12728 Alfa Romeo Way
4 Bed, 2 Bath, 2610 Sq. Ft. Built 2002
$348,000

1344 Hazel Green Dr
5 Bed, 3.1 Bath, 3556 Sq. Ft. Built 2006
$354,900

1339 Polo Heights Dr
4 Bed, 3 Bath, 3370 Sq. Ft. Built 2016
$414,900

http://nickw.jphomesforsale.com/index.php?types[]=1&areas[]=neighborhood%3AGRAYHAWK&fbts=9522783&beds=0&baths=0&min=0&max=30000000&map=0&options[]=&sortby=listings.listingdate+DESC&quick=1&ppc=FHS-Grathawk&addht=FHS-Grathawk

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Just Listed ‪#‎HomesForSale‬ 1/31/16 In Grayhawk, Frisco

Nick Walton Realtor® — Mon, 01 Feb 2016 17:51:05 +0000

Just Listed homes in Grayhawk Frisco neighborhood W/C 1/31/16
Contact Me today if you are interested in seeing any of these homes as they will be gone very quickly.

13541 Mill Town DR
4 Bed, 2.1 Bath, 2339 Sq. Ft. Built 2005
$299,900

13222 Bavarian DR
4 Bed, 3.0 Bath, 3146 Sq. Ft. Built 2005
$349,900

13679 Dutch Hollow DR
5 Bed, 4.1 Bath, 3528 Sq. Ft. Built 2005
$365,000

12446 Alfa Romeo WAY
5 Bed, 3.1 Bath, 3838 Sq. Ft. Built 2002
$369,000

13327 Mannheim DR
5 Bed, 3.1 Bath, 3993 Sq. Ft. Built 2006
$399,990

We're sorry, but there’s nothing to display here; MLS data service is not activated for this account.

Just Listed ‪#‎HomesForSale‬ 1/17/16 In Grayhawk, Frisco

Nick Walton Realtor® — Thu, 21 Jan 2016 23:11:02 +0000

Just Listed homes in Grayhawk Frisco neighborhood W/C 1/17/16
Contact Me today if you are interested in seeing any of these homes as they will be gone very quickly.

1146 Hazel Green Dr
6 Bed, 3.2 Bath, 4232 Sq. Ft. Built 2006
$409,900

1352 Pelican Dr
4 Bed, 3.5 Bath, 3485 Sq. Ft. Built 2016
$404,900

13958 Union Grove Dr
5 Bed, 4 Bath, 3737 Sq. Ft. Built 2016
$414,900

13936 Union Grove Dr
5 Bed, 4 Bath, 3737 Sq. Ft. Built 2016
$419,900

1314 Polo Heights Dr
5 Bed, 4.5 Bath, 3535 Sq. Ft. Built 2016
$419,900

1482 Polo Heights Dr
4 Bed, 3.5 Bath, 3703 Sq. Ft. Built 2016
$434,900

14297 Rising Star Blvd
5 Bed, 4 Bath, 3895 Sq. Ft. Built 2016
$439,900

2013 Menominee Dr
5 Bed, 4 Bath, 3963 Sq. Ft. Built 2016
$444,900

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Just Listed ‪#‎HomesForSale‬ 1/3/16 In Grayhawk, Frisco

admin — Tue, 05 Jan 2016 22:03:06 +0000

Just Listed homes in Grayhawk Frisco neighborhood W/C 1/3/16
Contact Me today if you are interested in seeing any of these homes as they will be gone very quickly.

12731 Daimler
4 Bed, 3.5 Bath, 3713 Sq. Ft. Built 2002
$365,000

1352 Pelican Dr
4 Bed, 3.5 Bath, 2729 Sq. Ft. Built 2016
$404,900

13958 Union Grove Dr
5 Bed, 4 Bath, 3737 Sq. Ft. Built 2016
$414,900

13936 Union Grove Dr
5 Bed, 4 Bath, 3737 Sq. Ft. Built 2016
$419,900

1314 Polo Heights Dr
5 Bed, 4.5 Bath, 3535 Sq. Ft. Built 2016
$419,900

1482 Polo Heights Dr
4 Bed, 3.5 Bath, 3703 Sq. Ft. Built 2016
$434,900

14297 Rising Star Blvd
5 Bed, 4 Bath, 3895 Sq. Ft. Built 2016
$439,900

2013 Menominee Dr
5 Bed, 4 Bath, 3963 Sq. Ft. Built 2016
$444,900

We're sorry, but there’s nothing to display here; MLS data service is not activated for this account.

Just Listed ‪#‎HomesForSale‬ 11/29/15 In Grayhawk, Frisco TX

Nick Walton Realtor® — Tue, 01 Dec 2015 22:38:48 +0000

Just Listed homes in Grayhawk Frisco neighborhood W/C 11/29/15
Contact Me today if you are interested in seeing any of these homes as they will be gone very quickly.

13402 Cottage Grove Dr
5 Bed, 3.5 Bath, 3778 Sq. Ft. Built 2006
$419,900

1498 Pelican Dr
4 Bed, 3 Bath, 2729 Sq. Ft. Built 2005
$369,900 Now $309,900

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Just Listed ‪#‎HomesForSale‬ 11/22/15 In Grayhawk, Frisco TX

Nick Walton Realtor® — Mon, 23 Nov 2015 20:02:47 +0000

Just Listed homes in Grayhawk Frisco neighborhood W/C 11/22/15
Contact Me today if you are interested in seeing any of these homes as they will be gone very quickly.

13095 Rhinelander Dr
4 Bed, 3 Bath, 3167 Sq. Ft. Built 2006
$294,900

13608 Fall Harvest Dr
4 Bed, 3.5 Bath, 3993 Sq. Ft. Built 2005
$415,000 Now $409,000

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#Homeownership #BuildWealth and Stability

Nick Walton Realtor® — Thu, 19 Nov 2015 17:00:38 +0000

The most recent Housing Pulse Survey released by the National Association of Realtors revealed that the two major reasons Americans prefer owning their own home instead of renting are:

They want the opportunity to build equity.
They want a stable and safe environment.

Building Equity

In a recent article, John Taylor, CEO of the National Community Reinvestment Coalition, explained that those who lack the opportunity to become homeowners have a weakened ability to reinvest their wealth:

“We traditionally have been huge supporters of homeownership. We see it as a way to provide stability for households but also as an asset-building strategy. If you continue to be a renter, locked out of the homeownership arena, increasingly those things are further and further out of reach. They’re joined at the hip. They perpetuate each other.”

Family Stability

Does owning your home really create a more stable environment for your family?

A survey of property managers conducted by rent.com last month disclosed two reasons tenants should feel less stable with their housing situation:

68% of property managers predict that rental rates will continue to rise in the next year by an average of 8%.
53% of property managers said that they were more likely to bring in a new tenant at a higher rate than negotiate and renew a lease with a current tenant they already know.

We can see from these survey results that renting will provide anything but a stable environment in the near future.

Bottom Line

Homeowners enjoy a more stable environment and at the same time are given the opportunity to build their family’s net worth.

Why Should I List My Home During The holidays?

Nick Walton Realtor® — Thu, 19 Nov 2015 16:45:17 +0000

Here are 7 reasons to list during the holidays.

While there may be less buyers out there, people who look for a home during the holidays are serious they are ready to buy!
There are fewer homes for buyers to look at during the holidays which means less competition for you … less competition equals more money!
After the holidays the supply of listings increases substantially which lowers the demand for your home … more competition equals less money!
Your home shows better when decorated for the holidays!
Many buyers have more time to look for property during the holidays as opposed to a normal work week.
We will restrict the showings on your home to the times you want it shown. You remain in control.
You can sell now for more money and not have to physically move until January or February … as opposed to just starting the whole process at that time.

Download (PDF, 898KB)

The Importance of #HomeEquity To Your Family

Nick Walton Realtor® — Tue, 17 Nov 2015 17:00:24 +0000

There has been much written about how dramatically home values have increased over the last several years. With the increase in values, comes an increase in the equity each home owning family now has. The Joint Center of Housing Studies at Harvard University recently reported that, after taking inflation into account, aggregate home equity has increased 60% since 2010. Home equity is the major component of most family’s overall wealth.

Why is this so important?

Throughout history, families have tapped into their homes for many important reasons. Perhaps it was to get seed capital to start a new business; perhaps to help finance their children’s college education; perhaps to get needed medical attention not covered by insurance.

Up to ten years ago, families were able to use the equity in their homes to better the living situation for themselves and their family. More small businesses were created. College students weren’t forced to take on massive student debt. People could get needed medical care.

This hasn’t been the case over the last ten years as families found themselves in a position of having zero equity or, even worse, negative equity post the housing collapse. However, that is about to change.

Using your home as an ATM is not a good idea.

We realize that there are inherent risks to tapping into the equity in your home especially if you do it for the wrong reasons. Back in 2005-2007, homeowners were using their homes as their own personal ATM machine to buy depreciating assets like cars, boats and jet skis. This reckless behavior should never be repeated.

However, using your equity (aka family wealth) to invest in yourself, your children or other family members that could use help still makes sense. And the good news is that more and more families can do this as home values continue to increase.

Bottom Line

Home equity gives families an additional financial option when money is needed. The proper use of this family wealth can be used to grow generational wealth.

As Julián Castro, U.S. Secretary of HUD, recently explained:

“Generation after generation, the primary vehicle to create wealth in our country has been through homeownership. In the U.S., homeownership has provided an opportunity for one generation to hand over to the next that opportunity and that wealth.”