By Tom Branch, on February 17th, 2013 
5 Beds | 5.2 Baths | 5048 SF/Appraiser | 3 Car Garage | Game | Media | Study | $899,000
Serenity, nature, and ample amenities are all nestled in the Lexington neighborhood of the Twin Creeks master-planned community. Extensive landscaping enhances curb appeal for an outstanding first impression. With this Sanders custom home, all it takes is a glance across the back yard to find the Twin Creeks Golf Course, an Arnold Palmer Signature Course.
Intimate dinners can be enjoyed in the formal dining room, and the grand island is the focal point of the kitchen where guests can congregate while a meal is prepared. The chef’s kitchen boasts commercial appliances including a Wolf 6-burner gas cook top, dual ovens, and a 48-inch Sub-Zero refrigerator. The open living room with hand-scraped oak floors and wood-burning fireplace can seat many, and the view of the golf course can’t be beat.
The luxurious downstairs master retreat overlooks the lush back yard and golf course. By the way, did you know waking up in the morning is a lot more pleasant when you can brew a cup of coffee in your private wet bar just steps from bed? Relax and savor every sip as you prepare for the day in the spacious master bath with dual vanities, jetted tub, and separate shower. Entertaining continues on the second floor in the game room with adjacent wet bar and media room for watching movies or television. Guests and family can sleep in peace in one of multiple bedrooms, each with a private bath.
The tree-lined golf course view is a glorious sight to behold, either from the second floor balcony or while enjoying a calm evening on the covered back porch. Zoned to Exemplary Evans Elementary, this is a classically elegant custom home for the most discerning buyer.
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Click here to see all homes for sale in Twin Creeks Allen Texas.
What to schedule a private showing or need more information? Contact us at 214-227-6626.
Photos licensed from Unique Exposure Photography
By Tom Branch, on February 7th, 2013  One of my agents was out working in our Lexington Park sales office today. A potential buyer and his agent walked in to see one of our floor plans. After walking it, they “hated it.” We have several different townhomes available and so they were shown two other floor plans. They absolutely loved one of them. All seemed right with the world.
They walked back in the sales office and were discussing price. The model they like is just a little over $200k. They told my agent they wanted to purchase it for $150k! When asked why the offer was so low, they responded, “It’s a buyer’s market.” My agent politely told them that this was not going to happen and they went on their way.
Attention Buyers…You missed your chance to steal!
The buyer’s market in the greater Dallas area ended in January 2012. Prices have been on the way up and inventory levels are at record lows. Multiple offers are back as well.
The good news is that interest rates have remained low (they are creeping up) and you still have a chance to get a great home with low payments.
While you missed the bottom of the pricing cycle, you can still take advantage of the low interest rates to purchase a home.
Click here to search for homes for sale in the North Dallas Suburbs.
Photo licensed from iStockPhoto
By Tom Branch, on January 31st, 2013  I’ve been working with a seller for several months. She is battling Stage IV cancer and has moved to another city for treatment. We listed her local home and quickly had a contract on it.
As part of the sales process, an HOA Resale Certificate had to be ordered from the HOA via the management company hired by the HOA to manage their day-to-day operations. Their “processing fee” for producing this document was $325.
This sale took a turn for the worse when the lender denied the buyer’s mortgage. This was not the lender’s fault but rather the fault of the buyer who refused to cooperate and provide documents required by the lender. Either way, we had to go back on the market.
We got the property under contract again and the sale is set for February 8th.
Yesterday I receive notice that the management company is turning my seller’s account over to collections on February 1st for non-payment of the processing fee.
I emailed the management company explaining the situation and received a curt response with the text of their agreement. Basically, the fee is due within 30 days of the sale or within 90 days of the request.
I understand the fine print but the seller is not in the area and battling cancer so I sent them back a note asking for an exception to their policy and letting them know that I would personally be responsible for the payment if the sale did not close on February 8th and the seller did not pay them.
This time a member of management responded with another curt response
“This notice was sent as a courtesy since it has been over 90 days, it has been almost 120 days we can only hold the order until February 1st after this day the account is no longer with us and it will be handled by NECS, the collection agency. As stated on our agreement on line, the requesting party is responsible to ensure payment is received within 90 days even is contract is terminated.”
I went ahead and paid the processing fee for my seller. I simply cannot allow this to go to collection and have an impact on a closing set for next week. The seller is under enough stress and does not need this over $325.
Legally the management company is within their rights to enforce the terms for receipt of their processing fee. Ethically, I find it hard to believe that the HOA and their management company would not be willing to work with a homeowner who pays her dues and is fighting for her life.
Are HOA Management Companies Simply About The Money?
Photo Licensed from iStockPhoto
By Tom Branch, on January 24th, 2013 RE/MAX with the RE/MAX balloon is one of the most recognized brands in the world. It didn’t start that way and, like many good things, was actually rejected by the original group of owners.
In this video, Dave Linger talks about how the RE/MAX balloon become the primary image of the brand.
By Tom Branch, on January 23rd, 2013  Gina and I attended a VIP Party and Ribbon Cutting for Quaker Steak and Lube last night. Located on the southeast corner of Parkwood and SH121, Quaker Steak and Lube is a unique sports bar.
They offer a LubeStation with over 20 different flavors of wings ranging from Ranch to Triple Atomic. I tried several different flavors and heat levels. Note to self…avoid the “insane” ones in the future!
Along with a full-service bar, they have a huge menu with salads, wings, sandwiches, hamburgers, appetizers, as well as steak and seafood.
If you’re looking for something new and different, stop in and give Quaker Steak and Lube a try.
Photo: Copyright 2013 – Tom Branch
By Tom Branch, on January 22nd, 2013 
Is this a good time to sell our home? This is a question we get quite often. Local data have indicated a Sellers Market since January 2012.
I just received the results of survey conducted by the National Association of REALTORS® (NAR) that shows that the trend is actually nationwide.
According to the NAR report, “Demand continued to expand faster than supply. The Buyer Traffic Index rose to 56 from 36 in the same period last year, while the Seller Traffic Index barely moved, ending at 38 from 37 last year. REALTORS® reported numerous cases of multibidding resulting in “properties selling above the list/asking price” or “distressed sales selling close to market price.”
In our local market, 2012 was a great year for sellers. Home sales outpaced home listings by almost 10 to 1 and we don’t see that letting up in 2013. We have many sellers waiting for the “spring sales season” to list their homes.
If you want to get your home sold, get on the market as early as possible to take advantage of the lack of inventory!
Click here for more information on selling your North Texas home.
Click here to request a Market Analysis of your North Texas home.
Contact us at 214-227-6626 if you have any questions.
Graph: Copyright 2013 National Association of REALTORs® | Base Photo: Licensed from Buffini and Company
By Tom Branch, on January 17th, 2013 
Plano Texas was recently named “The Best Run City in America” by 24/7 Wall Street.
24/7 Wall St. has completed its second annual ranking of the 100 largest cities in the U.S., based on local economies, fiscal management, and quality of life measures. To evaluate how well a city is managed over the long-term, we looked at factors like the city’s credit rating, poverty, education, crime, unemployment, and regional GDP. The best-run city this year is Plano, Texas.
Plano was credited with the 2nd lowest crime rate and the 13th lowest unemployment rate among the 100 largest cities in the nation. 24/7 Wall Street also noted that 14% of Plano residents earn more than $200k per year while “a mere” 1.9 percent earn less than $10k per year. Plano, Texas is a great place to live and work!
Click here to see all homes for sale in Plano, Texas.
Contact us at 214-227-6626 if you have questions about Plano Texas real estate.
Source: http://247wallst.com/2013/01/15/the-best-and-worst-run-cities-in-america/
Photo: Licensed from Unique Exposure Photography
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