TxFamily.com: July 2016

Sunday, July 31, 2016

3209 Placid Springs Plano TX 75025 , Wendy Huang, RE/MAX Premier Group 972-365-7888

Stunning Goodman Custom Home with Fabulous floorplan in the Famous 183-Acre master planned community with community pool, park, tennis court, award winning schools, sports fields & playground!
5 Bedrooms or 4 bedroom plus a study with designer's touch up throughout! Over $45k NEW upgrades and all the amenities you would expect! Plantation shutters, updated White cabinets, upgraded baths, Roof '15, updated water heaters, Beautiful NEW wood floors, New designer's color, New Granite counter, NEW ACs, New Vent, 2.5 car garage ! New stainless appliances are coming soon.
Most popular Plano West ISD. Skaggs Elem, Rice Middle, Jasper High and Plano West High. Walk to community pool and Russell Creek Park! BEAUTIFUL INSIDE & OUT Contact Wendy to book an inside tour at 972-365-7888… More

virtual tour!!

Texas law requires all real estate licensees to give the following information about brokerage service click here
Wendy Huang, MBA,SRS, GRI, CRS, IRES, e-pro, ASP, ALHS, SFR, RFC, RE/MAX Premier Group, RE/MAX Hall of Fame,

RE/MAX Lifetime Achievement ; Over 22 years' experience!

Helping Over 1000 Families Meet Their Real Estate Needs !!!

Direct: 972-365-7888

Has your home value gone up in the past 6 months? Click here for a Free INSTANT Report ! '
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www.TxFamily.com

Wednesday, July 20, 2016

Increase the Chance of Being Accepted

While all contracts must have certain required elements, mutual assent, consideration, capacity and legality, there are some things that increase its chance of being accepted.

The seller generally wants the highest possible price with the fewest inconveniences in the shortest period of time. In the same way, the buyer generally wants the lowest possible price with the fewest inconveniences in the shortest period of time.
The perspective of the principal can change depending on how these different parts of an agreement are structured.

Offer Price - While the price of the home seems to be the major point of contention in a home negotiation, the seller’s net proceeds and the buyer’s mortgage payment may actually be more critical.
Financing - 86% of buyers financed their recent home purchase as opposed to the 14% who paid cash. Some financing has higher fees than other types of financing and in some instances, sellers must pay the additional charges on behalf of the buyer.
Concessions
- Seller-paid closing costs – paying all or part of a buyer’s closing cost requires less cash outlay for the purchaser and makes it easier or more appealing for them to buy the home.
- Seller-paid buydown – prepaying interest to the lender on behalf of the buyer gives them lower payments for the first one, two or three years even though they must qualify at the note rate of the fixed-rate mortgage.
- Personal property – seller may agree to include existing or new personal property like washer, dryer or refrigerator.
- Improvements – seller may agree to make modifications to the existing condition of the home like floor covering, countertops, appliances, painting or other things.
Earnest Money – more money gives the seller a sense that the transaction is more likely to close while putting the least amount at risk is generally, more appealing to the buyer.
Timing – depending on which party is more flexible, sometimes an earlier or later closing or a position on occupancy can be an offsetting consideration that can balance the differing terms.
Contingencies or lack thereof – requirements that must be satisfied before the contract can be closed.

The training and experience of a skilled negotiator can benefit both buyers and sellers to save time, avoid difficulties and bring all parties to an agreement. Your real estate professional should be able to help you structure a good offer and negotiate a win-win situation.

Texas law requires all real estate licensees to give the following information about brokerage service click here
Wendy Huang, MBA,SRS, GRI, CRS, IRES, e-pro, ASP, ALHS, SFR, RFC, RE/MAX Premier Group, RE/MAX Hall of Fame,

RE/MAX Lifetime Achievement ; Over 22 years' experience!

Helping Over 1000 Families Meet Their Real Estate Needs !!!

Direct: 972-365-7888

Wednesday, July 13, 2016

Information about broker's service

Saturday, July 9, 2016

12071 Toscana Way Frisco TX, Wendy Huang, RE/MAX Premier Group 972-365-...

My new listing with HD Video Tour !!!
LUXURY LIVING AT IT'S BEST! Located at the prestigious, gated Latera community. Exceptional drive up appeal with Toll Brother's most desirable Montelena floor plan and Chateau exterior. Loaded with upgrades on this soft contemporary jewel showcase with high-end finishes. Private front gate with intercom system, 5 bedrooms, 5 full baths, 2 half bath, study, studio/exercise room, game room, & media room. The magnificent 2-story foyer proudl...y displays elegant dual circular staircases with a balcony overlook from above. All huge bedrooms with private baths. Master retreat with gorgeous bathroom and custom his and hers closets. Tons of upgrades, including built-ins, designer chandeliers and decorator's touches throughout. Gourmet kitchen features granite counters, large island, stainless appliances with gas range, double ovens, & warmer drawer.

Wonderful backyard oasis featuring a 20,000 gallon resort style pool, infinity spa, Italian travertine and fire pit. Tastefully appointed with outdoor barbecue, built-in planters with irrigation, retaining wall and stairs. Professionally landscaped front and back yards. A rare opportunity to find high quality with attention to every detail in a phenomenal setting! TRULY A PALACE! Contact Wendy at 972-365-7888 to book an inside tour!!!

Wendy Huang, MBA,SRS, GRI, CRS, IRES, e-pro, ASP, ALHS, SFR, RFC, RE/MAX Premier Group, RE/MAX Hall of Fame,

RE/MAX Lifetime Achievement ; Over 20 years' experience!

Helping Over 1000 Families Meet Their Real Estate Needs !!!

Direct: 972-365-7888

Monday, July 4, 2016

Opportunity Can Disappear

In the last few years, some people who were unable to sell their homes, rented them instead. The market has improved in most places and the home may easily sell now and possibly, for a higher price.

Even though the opportunity to sell in the near future might not change, there could be another opportunity that could quickly disappear for some homeowners.

Most homeowners are aware that there is a capital gain exclusion on the profits of a principal residence of up to $250,000 for single taxpayers and $500,000 for married taxpayers filing jointly. The rule requires that you must own and use the home as your principal residence for two out of the last five years.

A homeowner can rent their home for up to three years and still be eligible for the exclusion. As an example, if they had owned and lived in it for two years and then rented it for two and a half years, they would need to sell and close the transaction before the remaining six months expired.

If there was a $200,000 profit in the home that didn’t qualify for the exclusion, a 15% long-term capital gain tax of $30,000 could become due depending on the tax bracket of the owner. With some careful planning, the tax could be avoided. Awareness of the time frames and the right team of tax and real estate professionals could save a considerable amount of the homeowner’s equity.

Wendy Huang, MBA,SRS, GRI, CRS, IRES, e-pro, ASP, ALHS, SFR, RFC, RE/MAX Premier Group, RE/MAX Hall of Fame,

RE/MAX Lifetime Achievement ; Over 20 years' experience!

Helping Over 1000 Families Meet Their Real Estate Needs !!!

Direct: 972-365-7888