Dallas Real Estate and Community News

May 31, 2023

Can Seller Pay Closing Costs For Buyer?

 

Can Seller Pay Closing Costs For Buyer? When buying a home in Texas, many home buyers are interested in purchasing with little to no cash to close. Although a seller is allowed to pay for the buyer's closing costs, there are limits to how much a seller can contribute, as well as what those funds can be used for. For example, a seller can not pay anything towards a buyers down payment. But a seller can pay for the title policy, prepaid taxes, prepaid interest, prepaid insurance, buying down interest rate or pmi, and any other lender or title fees. Though it's worded as the seller paying these costs for the buyer, in reality, the seller is just allowing the buyer to finance their closing costs into the loan rather than paying for them out of pocket. One common way buyers are taking advantage of these seller concessions is by asking the seller to contribute to buying down the buyers interest rate. This makes the monthly payment much more affordable for the buyer, without the buyer having to come up with any extra cash out of pocket. Make sure to watch this video if you are considering buying a home, and make sure you fully understand what it means, and in what cases it would be to your benefit to have the seller pay your closing costs 🔻🔻🔻🔻🔻🔻🔻🔻🔻🔻🔻🔻 📲 Call / Text me: 214-957-2001 💻 Email: michael@bearcoastdallas.com 🤝 Set an appointment with me here: bit.ly/40HvRrQ 🎥 Subscribe here: bit.ly/3JPOiUB 🔺🔺🔺🔺🔺🔺🔺🔺🔺🔺🔺🔺 See my previous video here: https://youtu.be/m8h9H4fZvew Looking to buy a home in Dallas? Set a meeting with me here: https://www.bearcoastrealestate.com/schedule-free-consult/ Instagram: http://instagram.com/bearcoastrealestate Want to know what your home is worth? Click here: https://www.bearcoastrealestate.com/cma/property-valuation/ Search for homes here: https://www.bearcoastrealestate.com/search/advanced_search/ 00:00 Can a seller pay closing costs for buyer intro 00:31 Can I finance my closing costs into the mortgage loan? 01:09 How much does $10k more loan raise my mortgage payment? 02:12 When should I ask seller to pay my closing costs? 02:36 Can seller buy down pmi mortgage insurance? 04:11 How to get seller to buy down interest rate 04:38 How to finance updates in a mortgage 05:34 Can seller pay down payment? What are limits to seller concessions?

Posted in Buying a Home
May 30, 2023

What Are The Pros And Cons Of Living In Dallas Texas?

What Are The Pros And Cons Of Living In Dallas Texas? Dallas Texas is a great place to live no matter what stage of life you're in. Whether you're looking for the best neighborhood for your family, or you're single and wanting to be social, there are plenty of reasons to move to Dallas. We have plenty of jobs, entertainment, recreation, great schools, low cost of living, low taxes, cheap real estate, and much more. But living in Dallas also has some disadvantages. Though the cons of living in Dallas are few and far between, if you're wondering what the worst things about living in Dallas are, in this video I want to make sure you know all the disadvantages of living in Dallas so you can decide for yourself whether Dallas Texas is a great place to live for you and your family. Lets make sure you don't regret moving to Dallas! If you're looking to move to the Dallas area: 📲 Call / Text me: 214-957-2001 💻 Email: michael@bearcoastdallas.com 🤝 Set an appointment with me here: bit.ly/40HvRrQ 🎥 Subscribe here: bit.ly/3JPOiUB LINKS FROM THE VIDEO: See your population density: https://censusreporter.org/ Diversity study: https://wallethub.com/edu/most-diverse-cities/12690 Entertainment districts: https://sayyestodallas.com/culture/shopping-dining-nightlife/thats-entertainment/ See my previous video here: https://youtu.be/KBrBhvoOCZk Looking to buy a home in Dallas? Set a meeting with me here: https://www.bearcoastrealestate.com/schedule-free-consult/ Instagram: http://instagram.com/bearcoastrealestate Want to know what your home is worth? Click here: https://www.bearcoastrealestate.com/cma/property-valuation/ Search for homes here: https://www.bearcoastrealestate.com/search/advanced_search/ 00:00 What are the pros and cons of living in Dallas Texas intro 00:34 Is Dallas politically a red or blue city? 01:02 How big is Dallas TX compared to other metros? 02:57 Pro #1 How is the job market in Dallas TX 03:50 Pro #2 Dallas is centrally located in the country 04:17 Pro #3 Are Dallas schools good? 04:59 Pro #5 Are people in Dallas friendly? 05:33 Pro #5 No state income tax in Dallas TX 05:43 Pro #6 Is it cheap to live in Dallas? 06:06 Pro #7 Is Dallas a diverse city? 06:22 Pro #8 Dallas is an entertainment city 06:45 Pro #10 Whataburger with cheese and chocolate shake 07:06 Con #1 What is the weather like in Dallas TX? 08:17 Con #2 Does Dallas TX have high property taxes? 10:02 Con #3 Does Dallas TX have good public transportation? 10:48 Con #4 Does Dallas TX have nice scenery?

May 29, 2023

Dallas Housing Market Weekly Update 2023! | Collin County Texas May 29th

 

Dallas Housing Market Weekly Update 2023! | Collin County Texas | May 29th 2023 Welcome to our weekly update on the Dallas Texas housing market in 2023! Now also covering Collin County Texas In this video, we'll provide you with the latest trends and insights on the current state of the Dallas Texas real estate market. The Dallas housing market has been experiencing a boom in recent years, with prices on the rise and inventory moving quickly. Our team of experts has been closely monitoring the market, and we're excited to share our findings with you. In this update, we'll cover a range of topics, including: • Average home prices in the Dallas area • The number of homes on the market • The latest data on home sales and days on the market • Analysis of trends in popular neighborhoods • Predictions for the future of the Dallas housing market We'll also discuss key factors that are influencing the market, such as interest rates, the economy, and population growth in the Dallas-Fort Worth area. If you're a buyer, seller, or investor in the Dallas real estate market, this video is a must-watch. Our goal is to provide you with the insights you need to make informed decisions in this competitive market. So, whether you're a first-time homebuyer or a seasoned real estate investor, join us for our weekly update on the Dallas housing market in 2023. Don't forget to subscribe to our channel for future updates and insights on the latest trends in Dallas real estate! 🔻🔻🔻🔻🔻🔻🔻🔻🔻🔻🔻🔻🔻🔻🔻🔻🔻🔻 Looking to move in the Dallas Texas area? 📲 Call / Text me: 214-957-2001 💻 Email: michael@bearcoastdallas.com 🤝 Set an appointment with me here: bit.ly/40HvRrQ 🎥 Subscribe here: bit.ly/3JPOiUB 🔺🔺🔺🔺🔺🔺🔺🔺🔺🔺🔺🔺🔺🔺🔺🔺🔺🔺 Cities covered in this video include: Dallas, Plano, Frisco, Richardson, Garland, Sachse, Addison, Allen, McKinney and more! See my previous video here: https://youtu.be/m8h9H4fZvew Looking to buy a home in Dallas? Set a meeting with me here: bit.ly/40HvRrQ Instagram: http://instagram.com/bearcoastrealestate

Posted in Market Updates
May 22, 2023

Dallas Housing Market Weekly Update 2023! | Collin County Texas

Dallas Housing Market Weekly Update 2023! | Collin County Texas Welcome to our weekly update on the Dallas Texas housing market in 2023! Now also covering Collin County Texas In this video, we'll provide you with the latest trends and insights on the current state of the Dallas Texas real estate market. The Dallas housing market has been experiencing a boom in recent years, with prices on the rise and inventory moving quickly. Our team of experts has been closely monitoring the market, and we're excited to share our findings with you. In this update, we'll cover a range of topics, including: • Average home prices in the Dallas area • The number of homes on the market • The latest data on home sales and days on the market • Analysis of trends in popular neighborhoods • Predictions for the future of the Dallas housing market We'll also discuss key factors that are influencing the market, such as interest rates, the economy, and population growth in the Dallas-Fort Worth area. If you're a buyer, seller, or investor in the Dallas real estate market, this video is a must-watch. Our goal is to provide you with the insights you need to make informed decisions in this competitive market. So, whether you're a first-time homebuyer or a seasoned real estate investor, join us for our weekly update on the Dallas housing market in 2023. Don't forget to subscribe to our channel for future updates and insights on the latest trends in Dallas real estate! 🔻🔻🔻🔻🔻🔻🔻🔻🔻🔻🔻🔻🔻🔻🔻🔻🔻🔻 Looking to move in the Dallas Texas area? 📲 Call / Text me: 214-957-2001 💻 Email: michael@bearcoastdallas.com 🤝 Set an appointment with me here: bit.ly/40HvRrQ 🎥 Subscribe here: bit.ly/3JPOiUB 🔺🔺🔺🔺🔺🔺🔺🔺🔺🔺🔺🔺🔺🔺🔺🔺🔺🔺 Cities covered in this video include: Dallas, Plano, Frisco, Richardson, Garland, Sachse, Addison, Allen, McKinney and more! See my previous video here:    • What Part Of Dall...   Looking to buy a home in Dallas? Set a meeting with me here: https://www.bearcoastrealestate.com/s... Instagram: http://instagram.com/bearcoastrealestate Want to know what your home is worth? Click here: https://www.bearcoastrealestate.com/c... Search for homes here: https://www.bearcoastrealestate.com/s...

Posted in Market Updates
May 19, 2023

Is East Dallas A Good Place To Live? Is East Dallas A Good Area?

Is East Dallas A Good Place To Live? Is East Dallas A Good Area? East Dallas / Northeast Dallas is THE #1 MOST SEARCHED area in the entire United States. Over 38,000 people search for homes here on Zillow every single day. But East Dallas is a large area, and I want to help you understand if East Dallas is a good area for you! In this video I cover several of the major neighborhoods and areas in East Dallas in all different price points ranging from the $200k's up to the millions. I do a drive through tour of the neighborhood, and show you some East Dallas homes for sale as well as some that have already sold. My hope is that in watching this video, you'll get a feel for what these neighborhoods of East Dallas are like to see if it's a good place to live for you. If you'd like to know more about these neighborhoods, or are considering a move to the area: 📲 Call / Text me: 214-957-2001 💻 Email: michael@bearcoastdallas.com 🤝 Set an appointment with me here: bit.ly/40HvRrQ 🎥 Subscribe here: bit.ly/3JPOiUB See my previous video here:    • Dallas Housing Ma...   Looking to buy a home in Dallas? Set a meeting with me here: https://www.bearcoastrealestate.com/s... Instagram: http://instagram.com/bearcoastrealestate Want to know what your home is worth? Click here: https://www.bearcoastrealestate.com/c... Search for homes here: https://www.bearcoastrealestate.com/s... Questions I get a lot about East Dallas are: Is East Dallas safe? Is East Dallas nice? Is East Dallas Dangerous? Is Northeast Dallas nice? What is East Dallas known for? Is East Dallas a bad area? Is East Dallas dangerous?

May 8, 2023

Dallas Housing Market Weekly Update 2023! May 8th

Dallas Housing Market Weekly Update 2023! Welcome to our weekly update on the Dallas Texas housing market in 2023! In this video, we'll provide you with the latest trends and insights on the current state of the Dallas Texas real estate market. The Dallas housing market has been experiencing a boom in recent years, with prices on the rise and inventory moving quickly. Our team of experts has been closely monitoring the market, and we're excited to share our findings with you. In this update, we'll cover a range of topics, including: • Average home prices in the Dallas area • The number of homes on the market • The latest data on home sales and days on the market • Analysis of trends in popular neighborhoods • Predictions for the future of the Dallas housing market We'll also discuss key factors that are influencing the market, such as interest rates, the economy, and population growth in the Dallas-Fort Worth area. If you're a buyer, seller, or investor in the Dallas real estate market, this video is a must-watch. Our goal is to provide you with the insights you need to make informed decisions in this competitive market. So, whether you're a first-time homebuyer or a seasoned real estate investor, join us for our weekly update on the Dallas housing market in 2023. Don't forget to subscribe to our channel for future updates and insights on the latest trends in Dallas real estate! 🔻🔻🔻🔻🔻🔻🔻🔻🔻🔻🔻🔻🔻🔻🔻🔻🔻🔻 Looking to move in the Dallas Texas area? 📲 Call / Text me: 214-957-2001 💻 Email: michael@bearcoastdallas.com 🤝 Set an appointment with me here: bit.ly/40HvRrQ 🎥 Subscribe here: bit.ly/3JPOiUB 🔺🔺🔺🔺🔺🔺🔺🔺🔺🔺🔺🔺🔺🔺🔺🔺🔺🔺 See my previous video here: Looking to buy a home in Dallas? Set a meeting with me here: https://www.bearcoastrealestate.com/s... Instagram: http://instagram.com/bearcoastrealestate Want to know what your home is worth? Click here: https://www.bearcoastrealestate.com/c... Search for homes here: https://www.bearcoastrealestate.com/s...

Posted in Market Updates
May 5, 2023

What Part Of Dallas is Good To Raise A Family? Is Dallas A Good City To Raise Kids?

What Part Of Dallas is Good To Raise A Family? Is Dallas A Good City To Raise Kids? My wife and I found ourselves asking this very question just a few years ago as we were expecting our first child. In this video we look at the top 5 best cities and areas to raise kids in the Dallas Ft Worth area. You may be surprised to know that in the #1 top rated area to raise kids you can get a nice home for around $350k! And 3 of the top 5 areas for raising a family in the DFW area are all in one area of Richardson Texas. Canyon Creek, Greenwood Hills, Arapaho Heights, and the Reservation are all top rated areas to raise kids according to niche.com. Southlake and Coppell take the remaining 2 spots on the top 5 best areas to raise kids list, but the cost of living and real estate in both of these cities is quite a bit more expensive than Richardson. If you're considering a move to any of these areas, give me a call! 📲 Call / Text me: 214-957-2001 💻 Email: michael@bearcoastdallas.com 🤝 Set an appointment with me here: bit.ly/40HvRrQ 🎥 Subscribe here: bit.ly/3JPOiUB See my previous video here: Looking to buy a home in Dallas? Set a meeting with me here: https://www.bearcoastrealestate.com/s... Instagram: http://instagram.com/bearcoastrealestate Want to know what your home is worth? Click here: https://www.bearcoastrealestate.com/c... Search for homes here: https://www.bearcoastrealestate.com/s...

May 1, 2023

Dallas Housing Market Weekly Update 2023! May 1st

Dallas Housing Market Weekly Update 2023! Welcome to our weekly update on the Dallas Texas housing market in 2023! In this video, we'll provide you with the latest trends and insights on the current state of the Dallas Texas real estate market. The Dallas housing market has been experiencing a boom in recent years, with prices on the rise and inventory moving quickly. Our team of experts has been closely monitoring the market, and we're excited to share our findings with you. In this update, we'll cover a range of topics, including: • Average home prices in the Dallas area • The number of homes on the market • The latest data on home sales and days on the market • Analysis of trends in popular neighborhoods • Predictions for the future of the Dallas housing market We'll also discuss key factors that are influencing the market, such as interest rates, the economy, and population growth in the Dallas-Fort Worth area. If you're a buyer, seller, or investor in the Dallas real estate market, this video is a must-watch. Our goal is to provide you with the insights you need to make informed decisions in this competitive market. So, whether you're a first-time homebuyer or a seasoned real estate investor, join us for our weekly update on the Dallas housing market in 2023. Don't forget to subscribe to our channel for future updates and insights on the latest trends in Dallas real estate! 🔻🔻🔻🔻🔻🔻🔻🔻🔻🔻🔻🔻🔻🔻🔻🔻🔻🔻 Looking to move in the Dallas Texas area? 📲 Call / Text me: 214-957-2001 💻 Email: michael@bearcoastdallas.com 🤝 Set an appointment with me here: bit.ly/40HvRrQ 🎥 Subscribe here: bit.ly/3JPOiUB 🔺🔺🔺🔺🔺🔺🔺🔺🔺🔺🔺🔺🔺🔺🔺🔺🔺🔺 See my previous video here: Looking to buy a home in Dallas? Set a meeting with me here: https://www.bearcoastrealestate.com/s... Instagram: http://instagram.com/bearcoastrealestate Want to know what your home is worth? Click here: https://www.bearcoastrealestate.com/c... Search for homes here: https://www.bearcoastrealestate.com/s...

Posted in Market Updates
May 1, 2023

How Nice Is Highland Park Dallas? Is Highland Park A Good Area?

The Highland Park area of Texas is known as the Beverly Hills of Dallas. It's one of the most expensive areas in Dallas, even though it's technically not part of Dallas. In this video we explore houses for sale in Highland Park including the most expensive sale in highland park Texas in the last year, and the cheapest sale in Highland park in the last year. Is Highland Park Dallas a good area to live? I also do a live drive through tour of Highland Park Dallas and hopefully by the end you'll be able to see just how nice Highland Park is so you'll be able to decide if it's a good area for you and your family. Whether you're looking for the best suburbs in Dallas, what the cost of living is in Dallas, the pros and cons of living in Dallas, this channel has it all. If you're considering moving to the Highland Park or University Park area, also known as Park Cities, I'd love to connect. 📲 Call / Text me: 214-957-2001 💻 Email: michael@bearcoastdallas.com 🤝 Set an appointment with me here: bit.ly/40HvRrQ 🎥 Subscribe here: bit.ly/3JPOiUB See my previous video here: Looking to buy a home in Dallas? Set a meeting with me here: https://www.bearcoastrealestate.com/s... Instagram: http://instagram.com/bearcoastrealestate Want to know what your home is worth? Click here: https://www.bearcoastrealestate.com/c...

April 25, 2023

Is Dallas A Cheap Place To Live? Cost Of Living In Dallas Texas

The cost of living in Dallas is cheaper than most other comparable major cities. Even cities like Denver or Atlanta that have a similar cost of living, Dallas has the cheapest housing of all these real estate markets. If buying or owning a home is a dream of yours, the Dallas real estate market is the perfect place for cheap and affordable home ownership. In this video, I compare cost of living in Dallas to cost of living in New York, Los Angeles, and Chicago. We look at how much more money you would need to live comparably in all of these major cities vs having a $65k salary in Dallas Texas. Dallas is a good place to live for anyone! If you are moving to Dallas Texas you will likely find the cost of living to be affordable compared to where you're moving from. In many cases median rent is thousands of dollars below other cities, and median home prices are hundreds of thousands of dollars cheaper than comparable cities. 🔻🔻🔻🔻🔻🔻🔻🔻🔻🔻 If you're considering moving to the Dallas Texas area, give me a call! 📲 Call / Text me: 214-957-2001 💻 Email: michael@bearcoastdallas.com 🤝 Set an appointment with me here: bit.ly/40HvRrQ 🎥 Subscribe here: bit.ly/3JPOiUB 🔺🔺🔺🔺🔺🔺🔺🔺🔺🔺 See my previous video here:    • Are Dallas Home P...   Looking to buy a home in Dallas? Set a meeting with me here: https://www.bearcoastrealestate.com/s... Instagram: http://instagram.com/bearcoastrealestate Want to know what your home is worth? Click here: https://www.bearcoastrealestate.com/c... Search for homes here: https://www.bearcoastrealestate.com/s...

Posted in Real Estate News