7115 Thurston Dallas - Lease near Love Field & Medical District

This gorgeous 2016 custom home is a rare find with TWO MASTER SUITES! Yes, TWO MASTER BEDROOMS!!!

2,291 sf - 4 beds - 3 baths

This home features 12 foot ceilings, wood floors, open floorpan, wood burning fireplace, two masters, walk in closets, tub & shower, dual vanities, granite counters and no shortage of counter & storage space. All while being down the street from Love Field, the medical district, N Dallas shopping and I35E for convenience. Location! Location! Location!

Feel free to reach out with any questions or to schedule a private showing!

7115 Thurston Walk Through

Another Bad Flip House - Signs Of A Bad Flip House

As the market continues to have high demand, low inventory and rising prices you can count on more people getting in to flipping homes.  The problem is most don’t do a good job and some will flat out try to hide the problems.

This property in the Dallas Fort Worth area is a good example of some typical signs I see of a bad flip job.  Now what I show is just things that are visible by walking the property but it is a good indication usually of how the property is overall.  On this property there are a lot of signs of trying to cover up the problems with paint or fancy finishes, however the bad job still shows through.

When I go through a property with clients I look for this sort of stuff and point it out to clients.  While it does not make up for an inspection it can certainly give the client the idea of how this property was prepared for the market.  Usual signs are lack of landscaping, dry soil around the perimeter of the home, cracks showing through, and overall bad finishes.  An old roof is typical because flippers either don’t want to pay for a new one or insurance won’t cover it.  

The list goes on, however next time you see those nice pictures of a listing, be sure to look at it carefully for yourself.  Once you get there you will get the overall picture of the property.  How does it smell?  What is the condition like?  Foundation?  Roof?

Work with an agent who will help point out some of these details and look out for those signs.  The market is hot and you can expect to see more bad flips out there so beware!

With the heart of a teacher I seek to educate my clients about the process of buying, selling or renting real estate.  I strongly feel an informed and educated consumer will be more confident & make better decisions.

Have questions about this or other topics, do not hesitate to contact me.

Don’t forget to “LIKE” this video and be sure to Subscribe to my YouTube Channel as well.

Luis is a Dallas/Fort Worth area Realtor and Broker for Serve Realty. He enjoys the Dallas/Fort Worth area, houses, and helping clients buy and sell real estate.

Email: Luis@ServeRealtyTx.com

Call/text me if you are looking to buy / sell a home in the Dallas Fort Worth and surrounding area! 214 783-0535 

Luis Cuevas, Broker/Realtor®

Serve Realty

(214) 783-0535

Luis@ServeRealtyTx.com

Follow Luis:

http://ServeRealtyTx.com

YouTube Channel:

http://Youtube.com/MakeNorthTexasHome

Facebook:

http://Facebook.com/MakeNorthTexasHome

Home Partners Of America Lease With The Option To Buy |Property Example | Luis Cuevas Realtor® | Serve Realty

Home Partners Of America has a great Lease With The Option To Buy program which I am a big fan of, but today I wanted to show you an example of a property a client chose with the program.  This property is a textbook example of why I love the program and you should too!

First if you don’t already know about the program be sure to check out my review about Home Partners.  The program is addressing a problem facing many potentials buyers in this market from those looking to lease or even buy.  Be sure to check out my post where I explain the different ways to use Home Partners Of America program.

This property I am showing is in the Dallas Fort Worth area which my clients moved in to by using the Home Buyers of America Lease With The Option To Buy program.  The property is full of TLC, which is something most rentals would not have.  Remember most rental properties would be lacking TLC, no upgrades and very plain Jane.

This property had all new windows, beautiful flooring through out, updated kitchen and bathrooms along with a gorgeous neighborhood.  Now all those are things most renters don’t always get because most landlords just don’t want to put the money in to a home if it is just being rented out.

The beauty of the Home Partners Of America Program is the client can lease it and at any time purchase the property back from Home Partners of America at a predetermined price.  This allows the client to take advantage of different factors, first they don’t have to fight anyone for the property.  They buy the property on their timeline when they are ready.  The client can use their own financing like VA or FHA financing, both of which are not very competitive in today’s market.  And finally the price they buy it often ends up being less than the appraisal value of the home.

I could go on about this program but the bottom line is there are several ways Home Partners of America can help you.  From leasing a property until you are ready to buy or helping you secure a home you really like using their cash!  

If you are interested in finding out where you stand with the program and applying, be sure to use my link below.  This link allows you to apply but also get to work with me who has experience with the program and not be assigned to a random agent who may not be familiar with the program.

APPLY HERE: LINK

With the heart of a teacher I seek to educate my clients about the process of buying, selling or renting real estate.  I strongly feel an informed and educated consumer will be more confident & make better decisions.

Have questions about this or other topics, do not hesitate to contact me.

Don’t forget to “LIKE” this video and be sure to Subscribe to my YouTube Channel as well.

Luis is a Dallas/Fort Worth area Realtor and Broker for Serve Realty. He enjoys the Dallas/Fort Worth area, houses, and helping clients buy and sell real estate.

Email: Luis@ServeRealtyTx.com

Call/text me if you are looking to buy/sell a home in the Dallas Fort Worth and surrounding area! 214 783-0535 

Luis Cuevas, Broker/Realtor®

Serve Realty

(214) 783-0535

Luis@ServeRealtyTx.com

Follow Luis:

http://ServeRealtyTx.com

YouTube Channel:

http://Youtube.com/MakeNorthTexasHome

Facebook:

http://Facebook.com/MakeNorthTexasHome

2022 Advice For Buyers From A Realtor®

2022 is shaping up to be another tough year for buyers looking to purchase a home.  With low inventory and high demand it will be very competitive to get your offer accepted.  I wanted to share my thoughts as a real estate agent, broker and Realtor® on what buyers can do to make their home search more successful.  

1. Be PREPARED! - Yes it sounds obvious but be ready to make competitive offers. The market is hot so be ready to see high prices, multiple offers and properties moving in a matter of a few days.

2. Know Your Market - Know what you are looking for, how big, how many square feet, what area, what school district, what side of town, etc. The more the better, this will get you to really be focused on the area but more importantly know the area. Know how fast homes move, what sales prices to expect, and how much over list price they usually sell for. The biggest shock unprepared buyers have is having false expectations or hoping to find a home that just doesn’t exist in this market.

3. Details Matter - Too often you hear about buyers making offers way over asking price and they don’t get their offers accepted… WHY? Because not all offers are the same and details matter. Instead take the time to go over the contract with your agent, discuss how your offer can be made to be more competitive.

4. Lender Choice - Not all mortgage lenders are the same and it matters to listing agents and sellers. As a buyer you might like the marketing of certain lenders but it is the listing agent who knows who does a good job and who creates delays in closing. As your agent for a lender recommendations and go with a local choice, chances are they are well known for doing a good job with listing agents.

5. Get Full Approval - Having a pre-qualification just isn’t enough in this market, the further approved you are the better. Pre-qualifications are easy to get, full approvals are not. Take the time to go through the process to be fully approved and it will make your offer stand out. Why? Because the seller will know you are much further along and vetted by the lender than someone with a pre-qualification.

6. Act Fast - Listings are usually on the market for less than a week, and in hot times usually a few days so be prepared to act fast. That means you go view those homes on the first or second day it hits the market. The weekends are still the most popular but be ready at any time.

Bottom line is to be prepared, know what to expect, know the stats and don’t forget the details.  Don’t let other buyers bad experiences ruin yours, instead get with the right agent to show you what it takes to be competitive and in the best spot possible to have your offer accepted.

With the heart of a teacher I seek to educate my clients about the process of buying, selling or renting real estate.  I strongly feel an informed and educated consumer will be more confident & make better decisions.

Have questions about this or other topics, do not hesitate to contact me.

Don’t forget to “LIKE” this video and be sure to Subscribe to my YouTube Channel as well.

Luis is a Dallas/Fort Worth area Realtor and Broker for Serve Realty. He enjoys the Dallas/Fort Worth area, houses, and helping clients buy and sell real estate.

Email: Luis@ServeRealtyTx.com

Call/text me if you are looking to buy / sell a home in the Dallas Fort Worth and surrounding area! 214 783-0535 

Luis Cuevas, Broker/Realtor®

Serve Realty

(214) 783-0535

Luis@ServeRealtyTx.com

Follow Luis:

http://ServeRealtyTx.com

YouTube Channel:

http://Youtube.com/MakeNorthTexasHome

Facebook:

http://Facebook.com/MakeNorthTexasHome

2022 Dallas Fort Worth Housing Forecast

2022 is upon us and I wanted to share my thoughts on what to expect this year in the Dallas Fort Worth Texas Real Estate market!

Keep in mind, real estate is local, so what happens at the national level doesn’t always happen at the local level.  There are too many factors at the local level that do not apply elsewhere.

Also remember these last few years have been record setting, so continuing those numbers is not realistic.  However even if we come close it is still an amazing year.

Buyer demand is very strong, and there are still many buyers who have not been successful getting in to a home.  I expect that demand to continue this year and make it a strong year.

Property inventory remains historically low with no change in sight.  Buyer demand exceeds the inventory by a large margin and builders are not providing enough homes to keep up.  Builders are experiencing labor shortages, supply disruptions and more expensive land to build on.

All that to tell you… 2022 will be a strong year in real estate here in the Dallas Fort Worth Texas area.  Low inventory, high demand will push sales prices up and keep up the strong market.  Will it be record breaking?  Maybe not, but as long as it is close, it will be strong enough to be a very hot market.

How Will Higher Interest Rates Affect The Real Estate Market?

Well 2022 is here and while 2021 saw record low rates, 2022 will see those rates start to go up. How will those rise in rates affect 2022?

So we have known for months now that a rate hike has been long overdue and the Federal Reserve made it very known that rate hikes were in the future. Well 2022 is the future, so now what?

My straight forward response is it will slow things down, but the market will continue to be strong. Maybe not record setting numbers but still strong. Why? The economy overall continues to be strong in the US and especially here in the North Texas area. With that comes very strong buyer demand, and the inventory shortage continues. So with those two items at hand I see the market being able to absorb the hikes to come out strong.

But please know, prices will not rise as quickly, less buyer demand and maybe inventory that is on the market longer than before. Please know these past few years have been beyond strong, and that trend just can not continue. However just know just because the market slows just a bit doesn't mean it is slow by any means, it just means it may still be strong but not record breaking. We will still be VERY far from a normal market.

With the heart of a teacher I look to educate my clients about the process of buying, selling or renting real estate. I strongly feel an informed and educated consumer will be more confident & make better decisions. Have questions about this or other topics, do not hesitate to contact me.

Don’t forget to “LIKE” this video and be sure to Subscribe to my YouTube Channel as well.

Luis Cuevas, Broker/Realtor®

Serve Realty

(214) 783-0535

Luis@ServeRealtyTx.com

Check out my website for more helpful tips: http://ServeRealtyTx.com

Subscribe to my YouTube Channel: http://Youtube.com/MakeNorthTexasHome

Follow me on Facebook: http://Facebook.com/MakeNorthTexasHome