By Tom Branch, on February 27th, 2011 We’ve had a number of inquiries about townhomes and condos for lease in Plano, Texas.
While a suburb on the north side of Dallas, Plano is the ninth largest city in the State of Texas with a population of about 260 thousand people. Plano is home to many corporations and has plenty of dining, shopping, and recreational activities.
Plano has easy access to the rest of the Dallas Fort Worth Metroplex using the North Dallas Tollway on the west side, the President George Bush Turnpike on the south side, the Sam Rayburn Tollway on the north side, and Central Expressway on the east side. DART’s Red Line offers light rail access to much of the greater Dallas area.
Rental and lease homes are plentiful. However, townhomes and condominiums are in limited supply.
Townhomes and condos began to be built in Plano over the last decade and are concentrated on the northwest side of the city although there has been some new construction in the old part of Plano near DART’s Downtown Plano Station.
You can search for leases and rental in Plano using the links below:
Single Family Homes For Lease in Plano TX
Townhomes and Condos For Lease in Plano TX
Feel free to contact us if you have any questions or want to set up a time to view any of the homes for lease.
Photo ©2010 – Imaged2Sell
By Tom Branch, on February 27th, 2011 We’ve been following this project ever since the sign went up on the 32 acres in west Allen.
Photo Copyright 2011 – Imaged2Sell
We noted that Ashton Woods launched the project website over the weekend. According to the website:
“Ideally situated in Allen, Texas, the master plan for The Preserve in Allen will feature a large centralized lake with fountain offering homeowners waterfront and water view home sites. Residents will enjoy a meandering hike & bike trail that surrounds the water feature. This enclave of 104 front entry home sites is thoughtfully designed around nature. Large mature trees encompass the development with a detailed landscape plan that includes an additional 300 trees and over 11 acres of open space.”
The website URL is www.thepreserveinallen.com. The website contains little information and will be updated as the project continues. We will post updates here as new information becomes available.
Read more about The Preserve in Allen.
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By Tom Branch, on February 25th, 2011 I recently was speaking with a potential client. She owns a condo in the area and was planning on selling it. She was worried that the title company that had issued the title policy had “insured around” a lien.
Base Photo Licensed from ShutterStock
I’d never heard of it so I placed a call to Renee Graham with Preston Title in Plano, Texas. Renee has been around “forever” and is my “go to” person for title related questions.
“Insuring Around” occurs when a lien is found on the title work, the lien holder cannot be found, and the title company believes the lien has been or should have been released. Basically, they can decide to insure the title and even though the lien cannot be released, they agree to insure the policy holder against any claims brought by that lien holder. Renee told me that this is not often done because the title company assumes all the risk. On a subsequent sale, the title company issuing the new title policy will hold the original title company liable for any future claims.
While “Insuring Around” is not common, it is acceptable and the policy holder and future policy holders are insured against claims brought by the “insured around” lien holder.
By Tom Branch, on February 19th, 2011 I’ve seen a number of things over the years but the latest one has me scratching my head. We have a specialized little subdivision in the area and a couple of agents from one of the larger brokerages have a corner on the listing market. I don’t have a problem with them cornering the listing market but what they’ve done next just seems wrong.
Base Photo Licensed from ShutterStock
I was searching for properties in the subdivision and there were none in the MLS. I have an interested client so I drove through the neighborhood and found plenty of signs. I jotted down a couple of the addresses and tried to pull them up in the MLS…nothing.
I called the listing agent and asked for the details and showing instructions. I was told that the properties were non-MLS listings and only she can sell them. I asked about registering my client and then showings the home…”No…only I can sell those listings.” I asked about a referral fee for sending her my buyer…”No referral fees…your buyer will eventually call me directly.”
Why would any seller list a property and agree to keep it out of the MLS nor allow one of the 15,000 REALTORS® in the area to show and sell it? It makes no sense except for the listing agents and their brokerage. But are they really doing the best for their clients? I’d argue that the lack of competition actually creates lower prices and longer selling times.
If you’re listing your home, talk to the listing agent or read your contract to see if they will be placing the home in the MLS and to be aware of what they are offering to cooperating brokers.
By Tom Branch, on February 16th, 2011 I recently received a couple of requests for a Comparative Market Analysis (CMA). As I did the basic research, I discovered that both of the properties were already listed with other brokers.
Licensed from iStockPhoto
In both cases, the seller was feeling “awkward” because the listing agent had brought a buyer for the property they listed. In each case, the offer brought by the listing agent was substantially low. This left both sellers felling like their agent was not representing them in the best way possible.
In Texas we do not allow dual agency. We handle it in one of two ways. The first way is with two agents under the same broker. The Broker serves as an Intermediary and the two agents represent their respective clients. The other way is with a single agent acting as a transaction coordinator. Neither party is represented. The agent’s role is to facilitate the deal.
In the first case, the listing agent has done a really good job of marketing the property. The listing agent tried to force a low offer and it left the seller feeling like the agent had “done them wrong.”
In the second case, the marketing was fair. The photos were marginal at best. The seller had had the property professionally appraised and yet the listing agent brought an offer at 85 percent of market value from one of his own buyers. The seller related that, “it’s a bit of an awkward situation.”
All relationships are based upon trust and the trust had been damaged in both cases. When will listing agents learn that trying to double-end deals is not the way to go?
By Tom Branch, on February 15th, 2011 Are you looking to lease or rent a house, townhouse, or condominium in the Dallas Fort Worth area? Check out www.ntxleasing.com.
As tenant representatives, we can assist you in your search, show you properties, and negotiate the terms of the lease. The best part is our fee is paid by the property owner!
By Tom Branch, on February 13th, 2011 Copyright 2011 - Imaged2Sell
3 Bedrooms | 3 Baths | 2-Car Garage | 2546 SF/Building Plan
Plano TX Home For Sale – Luxury new construction in Frisco ISD with hand scraped hardwood floors. Chef’s kitchen features granite, butler s pantry, oversized island, double ovens, brkfst bar, and under cab lighting. Designer touches include iron balusters, bull nose corners, art niches, granite in all baths, and upgraded fixtures. Game room with bath up is great for entertaining. Enjoy the spacious covered back porch with tile. Easy access to Hwy 121 and the Tollway.
Plano Texas Home For Sale for Current Pricing, Details, Photos, and Virtual Tour.
Source: NTREIS
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