HJDS Investment Group BLOG

If you are being transferred to the Dallas-Fort Worth, Texas area, or you’re thinking of relocating on your own, think about this also: Living in one of the many communities in the surrounding area, especially north or east of the Dallas metroplex may be in your best interest. Whether you’re buying or leasing a home for yourself or you’re looking for residential or commercial income property, consider the added value of living geographically north of east of the Dallas area.

In today’s tough market you need to be aware of any advantage that may be available to you, regardless of whether you’re buying or leasing. Short sales and foreclosures are a significant part of the market today. Opportunities have been created in both the high and low ends of the market. Whether you’re interested in the $80,000 to $150,000 price range, maybe you’re unsure about qualifying for a home loan, or you have the benefit of a recent sale, even if you’re looking at top of the line residential or commercial real estate, your best value could be waiting for you in the area just outside of Dallas.

Some of the fastest growth around these days is seen in the real estate in Frisco, Texas, where the emphasis is on newer, single family homes with availability to amenities like golf, hiking trails and clubs. You should also check out real estate in McKinney, Texas. McKinney was established in 1848, and it has one of the oldest authentic downtowns in Texas. Be sure to look at homes for sale in Plano, Texas, population 250,100, voted by CNN and Money Magazine as the 11th best place to live in the US. But don’t overlook what the future holds for real estate in Prosper, Texas, one of the fastest growing regions of the continental US. Located an easy commute of 35 miles north of Dallas, Prosper boasts a school district unsurpassed in the Dallas metropolitan area. It’s one of the best kept secrets in Texas.

Beautifully landscaped neighborhoods, low crime and great neighbors are the hallmark of those stately homes for sale in historical communities like Garland, Texas. If you’re interested in technology, take note that, according to Neighborhood Scout, Garland has more people living there who work in computers and math than 95% of the places in the US. Discover homes for sale in Allen, Texas, too. Located in southwestern Collin County, Texas, Allen is a close knit community. In Allen the emphasis is family atmosphere, but the city is nevertheless a proactive business community, witness the Millennium Technology Park and Millennium Corporate Center. Living conditions supported by the prime real estate in Carrollton, Texas are safe and affordable, yet the city is vibrant and “open for business,” with great shopping and dining experiences awaiting you.

Your real estate agent can give you a look at recent sales of similar properties in McKinney, Texas and Frisco, Texas, or as compared to any of these other outlying cities, to help you come up with your own price range. And an agent in Denton County, Texas can show you properties in Collin County, Texas, or in even in portions of Dallas County, Texas and help you with significant finds of properties in any of the other exciting communities in the Dallas Fort Worth area. Ask your agent to help you analyze all the data available to you. Knowing the condition of the home you are viewing, improvements needed or improvements that have been made, current market conditions that may have an effect, and the seller’s position, should all be considered as you settle on a fair price and determine any qualifications or additional terms you may want to put in your offer. Your agent can help you with these and other issues affecting your offer.

You should look for an agent that is willing to work on your behalf, in your best interest, and who is not too eager to move you to close just to make the deal. Specifically, you want your agent to show you recent sales of similar homes, including comparisons from one community to another. Determining the price you are willing to offer requires a well prepared and fully implemented plan that lets you compare prices of homes that are similar in square footage, number of bedrooms and bathrooms, garage space, lot size, and type of construction.

Some agents are now focusing on specific elements of homes for sale, i.e. the $80,000 to $150,000 price range referred to above or homes that are in foreclosure or involved in a short sale. Your key to successfully determine the best deal for you is to align your effort with a real estate agent focused on what you want and need in what is likely to be the most important investment you will make in your lifetime.

You can get more information about real estate in the cities north and east of Dallas here, or you can visit Walter Curtis at look4dallashomes.com to help get your best value.