By Tom Branch, on December 7th, 2010  Copyright 2010 - Imaged2Sell 3 Bedrooms | 2.1 Baths | 2-Car Garage | 2210 SF/Tax
McKinney TX Homes For Sale – Enjoy McKinney living in Frisco ISD. Large eat-in kitchen opens to family room with corner fire place. French doors lead to private study. Spacious master suite includes sitting area and master bath has jetted tub and walk-in closet. Second living area upstairs is perfect for a game room. Designer touches include skip trowel walls in entry, laminate flooring, crown molding, and updated lighting. Easy access to Hwy 121, retail, and dining.
Current status, pricing, photos, and a virtual tour for this McKinney TX Home for Sale.
Source: NTREIS
By Tom Branch, on November 30th, 2010 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.
 Copyright 2010 - Imaged2Sell 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 November 30th, 2010 According to the Distressed Property Institute, more than 80 percent of distressed homeowners who go into foreclosure have never contacted their lender or a real estate professional for help. That’s a staggering number when help and relief are available.
 Licensed from iStockPhoto Without fail, our phone rings off the hook near the end of every month from desperate homeowners looking for help. After checking the local foreclosure lists, we often find that the house is already scheduled for foreclosure the following week. At that point, it’s nearly impossible to get a Short Sale in place to stop it.
An important thing to understand about Short Sales is that the process is anything but “short.” The only thing “short” about a Short Sale is the payoff to the lender. The sooner the homeonwer contacts someone for help, the more time is available to work the Short Sales process.
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.
Read our multi-part blog titled, “Short Sales 101“
By Tom Branch, on November 27th, 2010 The Branch Team | Real Estate Broker 0547597 | RE/MAX Dallas Suburbs
 Copyright 2010 - Imaged2Sell 4 Bedrooms | 3.1 Baths | 2-Car Garage | 3118 SF/Tax
Garland TX Homes For Sale – Great floor plan with 2 masters, 2 living areas, and 2 dining areas. Family room with fireplace and wet bar. Sunroom overlooks the backyard deck and heavily treed yard. Kitchen has loads of storage space, flat cooktop, Zodiac counters, Bosch dishwasher, and large walk-in pantry. Massive master has jetted tub, dual vanities, separate shower, and walk-in closet. Lots of updating including AC compressor, extra insulation, hot water heater, etc.
Click here for current status, pricing, photos, and a virtual tour.
Source: NTREIS
By Tom Branch, on November 26th, 2010 The Branch Team | Real Estate Broker 0547597 | RE/MAX Dallas Suburbs
 Copyright 2010 - Imaged2Sell 4 Bedrooms | 4.1 Baths | 3-Car Garage | 5329 SF/Appraiser | Pool & Spa
Colleyville TX Homes For Sale – Exquisite home for the most discerning buyer. Half acre corner lot provides incredible views of large pond, greenbelt and fountain. Chef’s kitchen has granite, hand finished cabinetry and glass block accents. Secluded master retreat has fireplace, double shower, and staircase to library. Private guest suite down – game, media, and 2 bedrooms up. Large balcony overlooks sparkling pool, spa and outdoor kitchen – perfect for entertaining. Must see!
Click here for current status, pricing, photos, and a virtual tour.
Source: NTREIS
By Tom Branch, on November 23rd, 2010 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.
 Copyright 2010 - Imaged2Sell 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 October 20th, 2010 It doesn’t happen every day but every now and then someone will do, say, or write something that makes working Short Sales worth all the headache and extra work.
This morning a little package and note card were delivered to my office. When I picked it up I had no idea what it was, who delivered it, or the impact it would have on my day.
I opened the card and read the kind words. The card was attached to a small box with a necktie in it.
While I’ve saved 20 or more families from foreclosure this year alone, I’ve only received a thank-you card twice.
It’s the simple handwritten acknowledgement that the work I do is appreciated that renews my faith in working Short Sales. I saved another family from foreclosure and they realized the extra work that goes into it without any additional compensation.
Tomorrow is a fresh day and I have more families to help!
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