By Tom Branch, on December 26th, 2013  We often field phone calls from people relocating to the North Dallas area looking for homes with basements. While some are relocating from areas with basements, many are concerned about tornados. While there are a few older homes with basements, there are also homes that have a storm cellar or shelter. These are primarily found in the rural areas, but we do see them in the suburban and urban areas as well.
According to CBS News the odds of a strong tornado hitting your home directly are extremely small. You can expect it to happen about once in every 8,000 years.
Storm shelters can be added to any home. Some are installed below ground and others are steel boxes that are engineered to withstand large tornados. We checked with a few local installers and found that prices start at about $7500 and go up depending upon the size of the shelter and how it will be installed on the property.
Click here to see all homes for sale in North Dallas with storm shelters.
Contact us at 214-227-6626 if you have questions or need additional information.
Photo: Licensed from iStockPhoto
By Tom Branch, on March 9th, 2013 
The Lakes of Prosper is located in the small, quaint North Texas town of Prosper. Just north of Highway 380 off the Dallas North Tollway, Lakes of Prosper provides the comforts of a small town, but with easy access to all the Big City has to offer. With quiet streets, parks, water features and lots of open space, Lakes of Prosper presents the ideal living environment.
 With a beautiful selection of home options by Highland Homes, beautifully landscaped common areas, and resort-style amenities including community pool with kid’s spray park and pavilion, playground and athletic fields, Lakes of Prosper truly is Life at its best. New homes begin in the low $330s .
Highland Homes will begin building Phase II in May 2013 and they are pre-selling now. Click here to download the Highland Homes Price List for Lakes of Prosper.
Resale homes are also available. Click here to see all homes for sale in the Lakes of Prosper.
Contact us at 214-227-6626 if you have questions or need additional information.
Photos Copyright 2013 Imaged2Sell
By Tom Branch, on March 19th, 2011 Another short sale closed! The sellers avoided foreclosure, the buyers purchased a nice home at a discount, and the lender did not have the losses involved with a foreclosure.
Many people feel that the nation’s economy rises and falls with the housing market. While this is often true, we believe the current housing crisis is a direct result of the economic downturn and massive job loss across the nation.
In the Short Sale community, the vast majority of homeowners did not get a bad loan or buy more house than they could afford; they’re just good, hardworking Americans who fell on bad times.
All indicators point to Short Sales being on the real estate horizon for the foreseeable future, at least through 2012, and maybe longer. Industry experts see another wave of distressed homeowners surfacing when the once popular Pay Option Adjustable Rate Mortgages (ARMs) begin to adjust in the coming months.
These mortgages allowed the borrower to essentially “pick a payment” that fit their budget in order to get into the house they wanted to purchase. These loans have the potential to negatively amortize and the rate will adjust upward – it’s just a matter of time. Pay Option ARMs were widely used in California and will begin adjusting soon.
We encourage homeowners across the United States to get educated on the options available should they become financially distressed. Short Sales are a great tool, providing relief to all parties.
Just remember to choose a REALTOR® with a proven Short Sale track record to negotiate on your behalf. Making the right choice can mean the world of difference to your financial future.
By Tom Branch, on September 12th, 2010 
4 Bedrooms | 3.1 Baths | 3-Car Garage | 3600 SF/Tax
Prosper TX Homes For Sale, Priced $50k under Market – Custom home on corner lot in golf community. Gourmet island kitchen with granite has double oven, wine rack, and breakfast bar. Spacious master retreat has tray ceiling, oversized shower, jetted tub, granite vanities, and large walk-in closet. Designer touches include Plantation shutters, skip trowel walls and crown molding. Floor to ceiling stone fireplace. Built-in grill and outdoor fountain. 4th bedroom in guest quarters with separate entry..
Click here current status, pricing, photos, and a virtual tour.
Source: NTREIS | Photo Credit -Tom Branch
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