Tag Archives: duplex

How to Choose the Right Mortgage Lender

You found the perfect house in the best neighborhood with your ideal yard, all at the right price. Your offer is accepted, the home inspection report comes back without any red flags, final negotiations are settled…all that is left is the work of the mortgage lender to make sure everything is ready for closing. A few days before closing, you hear that your financing fell through and you are left without a mortgage lender. You lose the house.

All too often, buyers lose their home in the final stage of the process, all because their mortgage company dropped the ball and failed to get the job done. With something as important as buying a home, you don’t want to put your trust in a second rate lender that does not have the expertise, customer care, diligence, and motivation to help you close on your home.

If you are looking for a mortgage company in the DFW area to deliver you to closing on your dream home, Colonial National Mortgage is the lender for you! Located in Arlington, TX, loan officer James Miller and the rest of the team at Colonial are dedicated to helping their clients have a positive and stress-free experience that successfully results in their clients closing on their perfect home.

Realtor Angelina Cook with DFW Realty by Design refers her clients to work with James Miller at Colonial National Mortgage for one simple reason – he is the best! When no other lenders can get the job done and the buyers are thinking they are going to lose the house, James finds a way to help the buyers close…on time! For a mortgage company and officer that will take personal care to help you get the necessary financing and navigate around all the potential roadblocks to buy your home, James Miller at Colonial National Mortgage is there for you every step of the way to deliver you to a successful closing.

Contact James Miller at Colonial National Mortgage today for all your mortgage lending needs.

Email: jamesm@colonialsavings.com
Phone: 817.860.8441

Address: Colonial National Mortgage Office
1605 South Bowen Road
Arlington, TX 76013

Check out this article for more tips on how to choose the best mortgage lender for you. (http://www.realtor.com/advice/finance/choose-right-mortgage-company/)

If you are looking to buy or sell your home, expert realtor Angelina Cook with DFW Realty by Design is at your service!

Contact Angelina for a listing appointment or to talk about your wish list for your next home!

Email: Angelina@dfwrbd.com
Phone: 817.217.7779
Website: http://www.dfwrbd.com
Facebook: DFW Realty by Design

Low Inventory and Price Increases in DFW Real Estate

It appears this ‘seller’s market’ in DFW is still going strong! Thanks to an extremely low inventory of homes for sale, current DFW home values are increasing by the day. In some cases, homes prices are up $20,000-$40,000 in just one year’s time! In addition, with such low inventory in the DFW housing market, buyers are fighting over homes the very day they hit the market, driving up the final sale price.

According to The Dallas Morning News: “Home prices in North Texas are now at a record high. And Dallas prices in the Case-Shiller index are now 13 percent ahead of where they were at the peak of the housing market before the recession. […] Dallas-area home prices are currently rising at almost twice the long-term average rate, driven by a shortage of supply and an annual population growth of more than 100,000” (http://www.dallasnews.com/business/residential-real-estate/20150331-dallas-among-top-u.s.-markets-for-home-price-increases.ece).

If you or someone you know is interested in seeing how much your home’s value has increased, local North Texas expert realtor, Angelina Cook with DFW Realty by Design, would be happy to set-up a listing consultation with you. Whether you are in Arlington, Fort Worth, Dallas, or elsewhere in North Texas, this strong seller’s market is such an amazing opportunity to take advantage of your home’s increased value. Don’t let this market pass you by – it won’t last forever!

Contact Angelina Cook

Ph: 817.217.7779

Email: angelina@dfwrbd.com

Facebook: DFW Realty by Design

Website: http://www.dfwrbd.com

The Duplex Investment

Are you ready for an investment that does all the work for you? Investing in a duplex (a house or building with separate entrances and living spaces for two separate tenants) is a keen financial move for just about any stage of your life. Here are some reasons why:

  • Affordability: Most duplexes are less expensive than a single family home with comparable square footage, and number of beds/baths.
  • Profitability: You can always choose to rent out one side of the duplex to get a constant cash flow while you live in the other unit and have the comfort and perks of living in your own home. Even better, if/when you move on to purchase your next home, you can keep the duplex as a permanent rental property and reap those profits for years to come.
  • Caring for Family Members: If you have an aging or ill relative that needs a caretaker living with them or nearby, a duplex offers the perfect set-up. With your relative in one unit and you in the other, you have immediate access to your family member while still preserving your personal space. What’s more, both parties can feel like they are living in their own home, which gives many people great peace of mind.
  • Achieve Faster Home Equity: According to Duplex.net, “If the goal is to earn home equity then living on one side and renting the other side provides you with the ability to make double mortgage payments each month effectively halving your mortgage term. This reduces the interest paid and accelerates your home equity which can be borrowed against if needed”(http://blog.duplex.net/duplex-homes-5-reasons-to-buy-a-duplex/).

Think you’re ready to take the plunge into the world of duplexes/triplexes/etc.? Now is a great time to buy in North Texas! Currently, there are numerous duplex options for sale at fantastic prices in the Dallas/Fort Worth area. If you are interested in investing in a duplex, DFW Realty by Design is here to help you on your journey. Our real estate expert, Angelina Cook, has many stellar properties that could be the start of your long future of duplex investment profits.

Contact Angelina Cook

Email: Angelina@dfwrbd.com

Ph: 817.217.7779

Website: http://www.dfwrbd.com

Facebook: DFW Realty by Design