By Gina Branch, on January 26th, 2011 Excitement is in the air surrounding The Preserve in Allen since Ashton Woods put up their sign on this prime location on McDermott Rd. east of Custer.
 Photo Copyright 2011 – Imaged2Sell Plans include 104 single family front-entry homes starting in the mid to upper $200s. Standard lot size will be 50’ x 115’, but 40% of the community will have cul-de-sac or oversized lots from 6,000-7,000 square feet. Minimum home size will include at least 1,900 square feet of living space.
The main focal point of the development will be a large lake with lighted fountain. 50% of the homes will have a lake view or will back directly to the lake. The builder is adding additional trees, and hike and bike trails for the homeowners.
The Preserve in Allen is currently zoned to the exemplary Allen School District including Evans Elementary, Ereckson Middle School, and Allen High School – all rated exemplary for 2010 by the Texas Education Agency.
Ashton Woods plans to begin pre-selling homes in November, 2011.
Read more about The Preserve in Allen.
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By Tom Branch, on January 26th, 2011  Copyright - Imaged2Sell 3 Bedrooms | 2.1 Baths | 3-Car Garage | 3072 SF/Tax
Dallas TX Luxury Home For Sale – Beautiful Med-style home on corner lot with mature trees and spectacular 2-story entry. Island kitchen with granite, built-in fridge, Mirazzi tile, walk-in pantry and wine rack. Great room overlooks tropical oasis with covered veranda, sparkling pool and outdoor FP. Master suite down has glass block shower and sep. jetted tub. Third living up perfect for game room. 3 floored attics, 3-car garage with cabs, counters and workbench. Many extras!
Current status, pricing, photos, and a virtual tour for this Dallas Texas, Luxury Home For Sale.
Source: NTREIS
By Tom Branch, on January 26th, 2011 It’s that time of the year again. Many of us are picking up our mail and trying to get our tax documents together so we can prepare and file our 2010 returns.
 Licensed from iStockPhoto If you completed a Short Sale of a house in 2010, you will likely received an IRS Form 1099C showing the amount of debt that was cancelled in the Short Sale process. Don’t panic! The Mortgage Forgiveness Debt Relief Act applies to debt forgiven in calendar years 2007 through 2012.
According to the IRS website:
The Mortgage Debt Relief Act of 2007 generally allows taxpayers to exclude income from the discharge of debt on their principal residence. Debt reduced through mortgage restructuring, as well as mortgage debt forgiven in connection with a foreclosure, qualifies for the relief.
The best course of action is to contact your tax preparer or CPA, or you can download IRS Publication 4681 for guidance on the topic.
By Gina Branch, on January 25th, 2011  Copyright - Imaged2Sell 3 Bedrooms | 2 Baths | 2-Car Garage | 1613 SF/Tax
Valley Ranch, Irving TX Home For Sale – Beautiful move-in ready home for the most discerning buyer. Hardwood and granite floors, recent carpet and Italian tile. Tuscan-styled kitchen includes a skylight and breakfast bar. The light and bright living area offers high ceilings and overlooks the open patio and rock garden. Spacious master bedroom and designer bath. Large corner lot with cedar fence. Gas fireplace and designer touches are just some of the extras of this must-have home.
Current status, pricing, photos, and a virtual tour for this Valley Ranch, Irving Texas, Home For Sale.
Source: NTREIS
By Tom Branch, on January 23rd, 2011 CB Jeni Homes has begun their close out of Wyndsor Court in Richardson, Texas. Currently there are two completed homes ready to go:
 Copyright 2010 - Imaged2Sell 3521 Monmouth Ct – 3 Bedrooms | 2 Bathrooms | Study | 2200 SF-Plan – Originally listed at $281,590. Close-Out priced at $238,990. Details, photos, and virtual tour on this Richardson Texas Close Out Home.
 Copyright 2010 - Imaged2Sell 3525 Monmouth Ct – 3 Bedrooms | 2 Bathrooms | 2286 SF-Plan – Originally listed at $282,073. Close-Out priced at $238,990. Details, photos, and virtual tour on this Richardson Texas Close Out Home.
All homes include:
- Crown Molding in the Entry and Master Bedroom
- Custom 5.25″ Base Molding
- Stainless Steel Kitchen Applainces
- Tile in Wet Areas
- 8 Foot Interior Doors
- Landscaped Yard and Sprinkler System
- 14-16 SEER HVAC
- Rounded Corners
- Granite Counters in Kitchen
- Upgraded 42″ Kitchen Cabinets
- 10-15 Foot Ceilings
- 6 Foot Fenced Yard with Gate
Don’t miss you chance to get a new home at a close-out price!
The Branch Team with RE/MAX Dallas Suburbs is the exclusive listing broker for CB Jeni Homes.
By Tom Branch, on January 22nd, 2011 As we start into 2011, we need to be prepared for the media frenzy that’s going to happen as the sales figures are released. The market will be “crashing” and new worries will spread throughout not only the housing market, but the economy in general.
 Licensed from iStockPhoto How can I make such a bold prediction?
2010 was not a normal year. We had all the buying activity crammed into the spring driven by the Federal Tax Credits. For those of us on the inside, we know it was crazy. I sold every property I had listed under $200k. Come July, the market tanked. I called it, “Cash for Clunkers Comes to the Housing Market.”
So regardless of what this spring’s sales look like, it’s going to be far less than the same period in 2010. The “experts” will come to the wrong conclusions and the unsuspecting media will run with it.
That’s the bad news…there is good news though…
The second half of 2011 should be far better than the second half of 2010, the “experts” will come to the wrong conclusion, and the media will run with it. It’s going to be impossible to normalize the 2010 data so we have to accept 2010 for what it was…an anomaly brought on by the Federal Home Buyers Credits.
Based on a Presentation by Kelly Milligan, Chicago Title
By Tom Branch, on January 21st, 2011 
RE/MAX Dallas Suburbs announced 2010 Annual and Fourth Quarter award winners at an Awards Breakfast this morning at the Gleneagles Country Club in Plano, TX. The Branch Team won the following awards:
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Top Listing Team for 2010
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Top Listing Team for the 4th Quarter 2010
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3rd Place Closing Team for the 4th Quarter 2010
RE/MAX Dallas Suburbs is a full-service real estate company with 79 professional agents; with an average of 16 years experience. This wealth of experience goes a long way towards explaining how this group sold over $289 million of real estate in 2010 and consistently wins Top Office honors in the RE/MAX Texas – Dallas Region.
Source: RE/MAX Dallas Suburbs
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