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Brian T. Wolf · RE/MAX at Home ·

925 Colorado – Allen, Texas

Type Detached Single
Bedrooms 5
Bathrooms 4
Year Built 2002
Total Rooms 12
Basement Yes
Lot Size Less Than .25 Acre
Assessments $500
Offered at $447,000
[see additional photos below]
  • Living Room Size 12X12
  • Dining Room Size 12X11
  • Kitchen Size 18X15
  • Master Bedroom Size 18X13
  • Approx. Square Footage 4,347
  • Grade School #
  • High School #

Brian T. Wolf
RE/MAX at Home

Posted on 5/15/2013


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Click Here for a Virtual Tour

Mississauga, Ontario, Canada
MLS#: 08221250
Price: $2,999,850
House Type: 2 Stories
Bedrooms: 5
Full Bathrooms: 7
Half Bathrooms: 0
Backs Onto Credit River & Mississauga Golf Course!This Extravagant Over 5200′ Custom Built Estate Home Sits On Approx 1.5 Acre Secluded Ravine Lot, Amazing 2700’Indoor Pool,3 Car Garage,Super Hi-Ceilings,Prof Fin 2600’Lower Level W/Hi-Ceilings,2 Separate Walk-Outs,2 Bdrms,Wet Bar,Rec Rm,Games Rm,Cedar Closet,Gym & Sauna.Thousands $$$spent In Upgrades, New:Roof,Skylites,Geothermal,Pool Boiler,Entrance Drs & Landscape.

The information being provided is deemed reliable but not guaranteed. All information must be verified by the purchaser.

Listing information courtesy of: RE/MAX AT HOME

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This is only for buyers who have already considered buying a vacation or other second property. As a certified International Real Estate Specialist, I can help you with the research and purchase no matter where in the world you want to buy. Just give me a call, email, or Skype message.

Not every family is in the financial position to take advantage of the tremendous opportunities the current real estate market offers. But, if yours is, this may be the time for dreams to come true.

via Thinking of a Vacation or Retirement Home? Buy It Now.

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Getting an FHA loan to purchase a condo has been a huge challenge lately. FHA loans are only available on condominiums where the entire Association has undergone an approval process. Many/most HOAs have been unwilling (and some unable) to go through FHA approval. This severely limits the pool of buyers in a market that is tough enough as it is.

The Federal Housing Administration has finally published revised rules that should encourage more HOAs to get certified. The link to the full article is below; you’ll have to scroll the bottom of the article to find these four main points.

    Among the key changes now in effect:

  • The investor ownership limit in existing projects has been raised to 50 percent. Previously there was a 10 percent cap on the number of units owned by any single investment entity. Now the rule states that “any investor/entity single or multiple owner entities may own up to 50 percent of the total units…if at least 50 percent of the total units in the project” are owned or under contract for purchase by owner-occupants.
  • The percentage of space used for commercial/non-residential purposes in a project is limited to 25 percent, but applicants can request exceptions up to 35 percent and even above in certain mixed-use developments that are still “primarily residential” in character and where the project is “free of adverse conditions to the occupants of the individual condominium units.”
  • Condo associations in which as many as 15 percent of unit owners are 60 days delinquent on their condo fees will now be eligible for certification. Under the previous rules, no more than 15 percent could be 30 days late. This was a major issue for many associations since they didnt track 30-day delinquencies. Industry groups had sought a 90 day delinquency standard.
  • Previous confusion over FHA requirements on fidelity bonds for management companies — with coverage that sometimes duplicated what was already maintained by the condo association itself — appears to be resolved. If the associations fidelity bond policy names the management company as an insured or agent, it should pass muster.

via Real estate industry welcomes changes to FHA condo rules | Inman News.

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Info courtesy of :: Castles and Estates :: Luxury Properties Around The World ::.



The View

5210 St. Andrews Island Drive
Vero Beach, Florida 32967
United States
Price: $2,495,000
SQFT: 6,100
Bedrooms: 4
Bathrooms: 4
Half Baths: 2

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2120 Tibwin Drive
Raleigh, NORTH CAROLINA 27606
Bedrooms: 4
Bathrooms: 4
Partial Baths: 1
Listing Price: $589,950
See details.
Inspired Architecture
Wet Bar and Entertaining Area
Enclosed Porch
Hot Tub Time!

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“Oakland’s big Bay Area cousin, San Francisco (along with San Jose, Calif., and Seattle-Bellevue-Everett, Wash., metros), scored a housing recovery trifecta in July, climbing to No. 6 on the list of metros with the greatest year-over-year drop (-40.3 percent) in inventory, No. 5 among the metros with the greatest year-over-year median list price increases (15 percent) and No. 6 among metros with properties with the shortest median age of inventory (46 days) on the market.”

A little bit of a bump up in prices could be an indicator that the biggest drops are behind us. Don’t expect any great appreciation right away, but patience should be rewarded.
Did your hometown make the list? (Hint: if you live in Illinois the answer is “NO.”)

Read the full story here: Top 10 metros with largest drop in for-sale inventory in July

View of downtown Oakland, Calif., from Lake Merritt via Shutterstock.

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