Buy Condo Irving Texas: 4517 N. Oconnor Rd. # 1135

Condo Investment Opportunity Irving Texas: Buy Directly From Owner...Easily Cash Flowed (edit/delete)
Irving Texas Condo for Sale: 4517 N. Oconnor Rd. #1135

2 bed, 2.5 bath...1167 Square Feet...Pergo Wood Floors...patio...balcony...gated community with 24 hour on duty security guard...2 pools on property...work out facility...spa...washer and dryer INCLUDED!!! REFRIGERATOR INCLUDED!!!

As an experienced Mortgage Consultant of 6 years in the area, it was my first advisement to list the condo with a pro/Realtor, but after having it listed through one full term in a listing agreement with a Realtor, the buyer is determined to try to sell this buy owner before listing it again.

This Condo is in North Central Irving in an area highly populated with local executives. The owner bought the condo years ago on a 15 year note, and now that they have married and moved into a new home in Highland Village Tx, they do not have the interest in refinancing into a 30 year note to turn this property into an investment cash flowing property. They are highly motivated and ready to have only one mortgage.

Irving is noted in numerous Real Estate Blogs and media as an area to live with great expectations of equity appreciation opportunities in the near future. Buying a condo in Irving Texas can be an easy place to manage Real Estate portfolios do to the high demand renters provide in the area. This condo location is 2 short minutes from highway 114 that intersects I35, the highway that runs through the heart of downtown Dallas. Also attractive about the location is it's location directly across from Las Colinas Country Club and a block from the prestigious Four Seasons Hotel and Resort.

I am putting this Blog as a favor for Jarod, as he is a close friend of mine for over 20 years. For inquiries on this property, call 469-441-1357...ask for Jarod Farda. Jarod grew up in Irving Texas his entire life and can answer any questions about the area from experience.




Call Jarod at 469-441-1357 or email him at fardaj@lisd.net or

Call Jeannie at 432-553-2818 or email her at jrae219@aol.com

If you are interested in financing for this property, call me Brad Lynch at 469-450-2723 or email me at bl@fmillc.com

VA Cash Out Refinancing, 100% and Super Low Interest Rate

Did you know that VA will now allow an LTV of up to 100% on a VA cash-out refi based on the current appraised value? This is a 10% increase from the previous threshold of 90%.

Did you know that a VA cash-out refi is considered to be any current non-VA loan, (with the exception of a Texas A6 Cash-out loan), that is refinanced into a VA loan?

Please keep in mind that even though VA refers to this as a cash-out refi, it is in reality a rate/term refi and no cash back will be allowed at closing.

Find the Lowest Interest and the Best Business Alliance

The home buyers in Frisco, McKinney, Plano, and the cities surrounding Dallas Texas are benefiting from interest rates that are still at historical lows and patience to find the right home with the right price. Buying Real Estate right now is a great opportunity. Foreclosures are still available in large volume and if you plan it right, you can be patient and leave your "feelers" out for the next great home to come on the market for a great value. Maybe you sell your home and move into a nice apartment or rental so that you are not under the gun to hurry and find another home by the time your buyers need to move into yours. With a little patience, you may jump into a home with 15% savings from the day you close. When the market moves up in the next 3-8 years, you stand to all of the sudden be sitting neck high in equity.
To have the best luck in your home buying process, align yourself with a mortgage guy who is not desperate for business, so that you are not strategically rushed into a deal that is not the best one for you. Additionally, contact a couple Realtors and let them know you are NOT interested in rushing into a home and that you'd like to be put on a automatic email list for homes that come on the market as foreclosures, and have them make the search specific...city, subdivision, choose a square mile radius, bedrooms, square footage, age, and one level or two level home. Yes, Realtor systems can do all that for you and many successful Realtors are willing to be patient with you.
The biggest mistake many folks have in crafting such a plan is by using a family member or friend for their mortgage or Real Estate alliances, just because they think they should or will get a good deal by using them. WRONG!!! A good deal is accomplished in the negotiation experience, and the research and structuring ability of your Real Estate agent or Loan Officer, and the small dollar amount you MIGHT save on a Realtor or Loan Officer friend or family member can offer you for their services is nothing compared to the dollar value experts bring to the table as a whole.
Interview your Loan Guy and Realtor, don't ask them where they are going to cut their costs. You'll find out right away what caliber your prospective alliance measure.

Hope Is Alive In Dallas Texas, Frisco, and the Surrounding Cities Real Estate Market

Over the weekend Kenneth Harney gave a very detailed outline of what foundation has been set to secure the Real Estate Market, and it should make for high hopes to Dallas and the surrounding cities, especially in the once top ranked booming Real Estate market in Frisco Texas. The question is asked over and over today, "Can you still get a home loan with less than 20 percent or 30 percent down? Or with a credit score below 720"? Harney answered the question like this:
"Absolutely. It would be a big stretch to label housing the sunny side of the market at the moment, but there's a lot more light there than in most other financial sectors."
The Real Estate market for home buyers is not dead or stagnant. There is plenty of money made available with many small down payment options, and there are even still some 100% financing options in specific areas...and the income eligibility is not as picky as many would think.
Harney noted that 90% of loans in America today are made through FHA. The interest rates are still low, and the underwriting isn't necessarily all that tough• Despite the global financial system's quakes, mortgage rates remain low by historical standards. Home prices, pushed by foreclosures and short sales, have rolled back to 2003 and 2004 levels or lower in many of the former boom markets. As a result, growing numbers of buyers are coming off the sidelines, making offers and writing contracts.
David G. Kittle, president and chief executive of Principle Wholesale Lending and incoming chairman of the Mortgage Bankers Association, said "the mortgage market has never shut down" despite the global financial crisis.Matt Vernon, a national retail mortgage sales executive for Bank of America, said, "we've got more than enough liquidity" to handle mortgage demand. "We are open for business." Most of the bank's production is now funded through the FHA, Fannie and Freddie.
If you are looking to buy, don't put it off for the simple fact that you assume you can't get a loan. Decent credit scores, typically 600 or better, means that you have plenty of loan opportunity. Don't give up on your dream of home ownership just yet.
Make an appointment with your mortgage guy to meet at Starbucks and talk about your options. See you there.

Dallas Home for Sale: 10141 Fieldfare CT, Dallas, TX 75229

Listings as of 10/15/08 at 7:37am Page 3
MLS#: 11083713 Active 10141 Fieldfare CT Dallas 75229 LP: 410,000


See Additional Pictures
Type: Single Family Cnty: Dallas Low:
Subdv: Midway Hills Map: 0024 /P /DA Orig LP: 410,000
Area: 16/8 Lot: Block: Will Subdivide:
Legal:
Parcel ID: 00000538787220000 MUD Dst: No Mlt: No

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Beds: 4 SqFt: 2682 TAX Lst$/SqFt: 153
Full Baths: 3 Levels 1st: 2nd: 3rd: Bsmt: HOA: Voluntary
Half Baths: 0 Levels 1st: 2nd: 3rd: Bsmt: Dues: 15.00

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Living 1: 27 x 19 L:1 F. Dining: 11 x 11 L:1 Mstr BR: 18 x 13 L:1 #Fireplaces: 1
Living 2: 23 x 21 L:1 Breakfast: 9 x 8 L:1 Bedroom2: 11 x 11 L:1 #Living Area: 2
Living 3: 0 x 0 Kitchen: 9 x 9 L:1 Bedroom3: 11 x 13 L:1 #Dining Area: 2
Study: 0 x 0 Other Rm: 0 x 0 Bedroom4: 12 x 12 L:1 Hndicap Amen: No
Utility: 8 x 5 L:1 Other Rm: 0 x 0 Bedroom5: 0 x 0 Yr Blt: 1971 / Pre
Preowned



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School District Dallas Covered Parking: 2 # Stories: 1
School Type 1: E Name: Walnuthill Bus: Garage Space: 2 Security System: No
School Type 2: M Name: Cary Bus: Garage Size: 20 X 20 Pool: No
School Type 3: H Name: Jefferson Bus: Carport Spaces: Acres: 0.370
School Type 4: Name: Bus: Lot Dimensions: 112X159

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ASI Not Assumable BBF Split Bedrooms CON Brick ENG 12 inch+ Attic Insul EXF Gutters
EXF Patio Open EXF Sprinkler System EXF Storage Building FLR Carpet FLR Ceramic Tile
FND Slab FRP Wood Burning HOU Single Detached HAC Central Air-Elec HAC Central Heat-Elec
INF Cable TV Available INF Paneling INF Wet Bar INF Window Coverings KOT Tile Countertop
KEQ Convection Oven KEQ Cooktop-Electric KEQ Dishwasher KEQ Disposal KEQ Double Oven
KEQ Oven-Electric KEQ Water Line to Refrg. LTD Cul De Sac LTD Heavily Treed LTD Interior Lot
LTD Landscaped LTD Large Backyard Grass LTS Less Than .5 Acre PAR Detached PAR Garage Door Opener
PFN Cash PFN Conventional ROF Composition SPR Game Room STU City Sewer
STU City Water STU Concrete STU Curbs STU Sidewalk STY Ranch
FEN Wood UTR Dryer Hookup-Elec. UTR Washer Hookup

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Directions: From 635, south on Midway to Killion. Right on Killion, left on Fieldfare Dr. right on Fieldfare Court.

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Marketing Remarks: Wonderful 4 bedroom, ranch on huge cul de sac lot in Midway Hills. Great quiet neighborhood. New roof and carpet in 8 08 New neutral paint throughout the home 7 08 Close to 5 of the top Private schools in Dallas. Priced to sell quickly. Bring your buyers, don't miss this one!

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LO: Keller Williams Realty Preston LA: Richard K Carlucci