4 Bedrooms | 2.1 Baths | 2 Car Garage | 2484 SF per Tax
Wow! This fantastic San Antonio Ranch home is available for sale ($298k) or for lease ($1895 monthly). This custom home was built to take advantage of the elevation and the dramatic views of the canyon to the south. The zeroscaped lot is heavily treed with mountain laurels and other natural vegetation.
Last week, we had the opportunity to meet with one of the developers of Hamilton Hills. Hamilton Hills is the latest development in Montgomery Farm located just west of US 75 in Allen, Texas.
Montgomery Farm is a 500-acre master planned development. For years, Montgomery Farm was a natural retreat for the Williams family nestled within the sprawling suburban developments of Plano and Allen. The family is transforming the farm into a community founded on the idea that open spaces, woodland habitats and native wildlife can be preserved and enhanced through careful planning and design.
Hamilton Hills is being developed with two distinct sections.
Hamilton Hills East will consist of 22 custom-home lots. Buyers of the lots can choose their own builder but all homes must be LEED certified.
Hamilton Hills West will consist of 37 production home lots. The developer has announced that Belclaire Homes and David Weekly Homes will be the builders for the production homes. Prices will begin in the mid-$500’s.
Photo Copyright 2012 – Imaged2Sell | Plat Map Used With Permission
New Home Rebate
Purchase a new home through us and we'll help you with your closing costs! We'll give you a credit of 1.5% of the price of the home at closing to use towards your closing costs.
I was out showing homes in one of the older neighborhoods in Plano yesterday. What makes these areas nice are the mature trees that provide shade and character to the homes.
What caught my eye was that many homeowners had not taken care of their trees and many of them had were in direct contact with the composite shingles on the roofs. While shade can help keep the attics cooler and reduce cooling costs in the hot Texas heat, it’s a bad idea to allow the trees to come in contact with the roof.
When the tree limbs are allowed to touch the roof, the tend to move in the wind and can damage the composite shingles. This damage can allow water to penetrate the structure and cause damage to the insulation and ceilings below. It can even lead to mold if it is not detected and repaired quickly.
CB JENI Homes is breaking ground on Hemingway Court, a luxury townhome community, located in Iriving, Texas. These three bedroom, two-story townhomes will range in size from 1914 to 2270 square feet with starting prices in the $230’s.
The builder is offering three floor plans. All three contain three bedrooms, two and one half baths, and a two car garage. Floor plans include The Manchester (1914 SF) with a formal dining room; The Oxford (2070 SF) with a downstairs master suite and a game room; and the Bristol (2270 SF) with a downstairs master suite and a game room.
The townhomes will have nicely appointed kitchens with site-finished cabinets, granite counters, stainless steel appliances and Moen fixtures. Master bathes will have a garden tub, glass-enclosed shower, and granite counters with under-mount sinks.
Energy efficient with R38 insulation in the attic, radiant barrier, 16 SEER HVAC system, Low E double pane insulated windows, and Polyseal on all base plates and rough openings.
Schools
Hemingway Court is zoned to the Recognized Coppell Independent School District. Children attend Austin Elementary, Coppell East Middle School, and Coppell High School.
The builder is offering pre-sale pricing and other incentives. Contact us at 214-227-6626 for more information.
Photos and Video Copyright 2012 – Imaged2Sell
New Home Rebate
Purchase a new home through us and we'll help you with your closing costs! We'll give you a credit of 1.5% of the price of the home at closing to use towards your closing costs.
2 Bedroom | 2.1 Baths | 2 Car Garage | 1371 SF-Building Plan
Richardson TX Townhome For Sale – Enjoy low-maintenance living in Brick Row! The Brady Plan includes an upstairs loft in addition to the two bedrooms. Large, open living area downstairs. Gourmet kitchen features stainless steel appliances, and fridge is included. Upgraded granite, cabinets, tile, and carpeting throughout. Very energy efficient with 16 SEER HVAC, Radiant Barrier, and double pane Low-E vinyl windows. Two-car rear entry attached garage with opener and remotes.
Contact us at 214-227-6626 for more information or to schedule a showing.
Photos and Video Copyright 2012 – Imaged2Sell
New Home Rebate
Purchase a new home through us and we'll help you with your closing costs! We'll give you a credit of 1.5% of the price of the home at closing to use towards your closing costs.
This question continues to arrive in my email box with a number of clients concerned that the new healthcare legislation imposes a 3.8 percent transfer tax on all homes sold after 2013.
According to the National Association of REALTORS® (NAR),
The 3.8% tax is imposed ONLY on those with more than $200,000 of Adjusted Gross Income (AGI) ($250,000 on a joint return). The tax applies to investment income, defined as interest, dividends, capital gains and net rents. These items are all included in an individual’s AGI. A formula will determine what portion, if any, of these types of investment income would be subject to the tax.
NAR also states that this is not a transfer tax on real estate sales and that the new tax does NOT eliminate the benefits of the $250,000/$500,000 exclusion on the sale of a principal residence. Thus, ONLY that portion of a gain above those thresholds is included in AGI and could be subject to the tax.
So while there is a new tax in the healthcare law, it is not a transfer tax and will not apply to all sellers of real estate. Sellers are encouraged to discuss their particular circumstances with a CPA or their tax preparer prior to listing their homes for sale.
Today I received notice from the buyer’s agent on one of my listings that the lender was requiring repairs in order to approve the buyer’s mortgage.
While lender required repairs are not common, we do see them from time-to-time if the appraiser feels there may be a foundation problem, the roof needs repair, the HVAC is not working, and a host of other things that they look at while they are appraising a property.
This time the appraiser wanted a drippy faucet repaired! The good news is that this is an easy item to take care of and we will close on-time.
That said, I can only imagine how bad this could get with appraisers acting like inspectors and the lenders happily asking for everything to be repaired or they will refuse to approve the mortgage essentially holding sellers hostage.
I’m hoping this was a case of a single “appraiser gone wild” rather than a sign of things to come.
IMPORTANT NOTICE:
Gina Branch with RE/MAX Dallas Suburbs is not associated with the government, and our service is not approved by the government or your lender.
Even if you accept this offer and use our service, your lender may not agree to change your loan. If you stop paying your mortgage, you could lose your
home and damage your credit rating.
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Last week, we had the opportunity to meet with one of the developers of Hamilton Hills. Hamilton Hills is the latest development in Montgomery Farm located just west of US 75 in Allen, Texas.
I was out showing homes in one of the older neighborhoods in Plano yesterday. What makes these areas nice are the mature trees that provide shade and character to the homes.
Today I received notice from the buyer’s agent on one of my listings that the lender was requiring repairs in order to approve the buyer’s mortgage.
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