Closing day can be an exciting day for many homebuyers, but what if you did something that day that caused a delay in closing? Or worse yet – caused you to lose the house all together?
Jeff Brand & Associates is the real estate expert in Flower Mound, Texas and we want to offer some advice on what not to do when closing on your new home. Avoid these 3 common mistakes buyers make and you’ll be on your way to home ownership!
Mistake #1: Quitting Your Job Days before Closing
Mortgage decisions are based on income and stability, and if you no longer have a steady job, well, things may not go well for you. A mortgage underwriter will verify all facts about your mortgage – including employment status – a few days before closing and make sure everything is the same as when you were pre-approved. Don’t surprise them by quitting at the last minute because it could cause you to lose the home.
Mistake #2: Making Large Purchases on Credit
Not only will the mortgage lender verify your employment status, but they will also double-check your credit score in the days leading up to your closing. For this reason, it is best to avoid other large purchases days before your home closing. Why? Because large purchases on credit – say new furniture loans, large credit card purchases at Ikea for the new home, or even a new car – can affect your credit. And if there is a big enough swing in your credit score, your mortgage rates may change.
Mistake #3: Asking for Last Minute Concessions from the Seller
Unless you saw some major issues during your final walkthrough, closing day is not the day to ask the seller for new concessions such as fixing something in the home or replacing the fence. These are all things that should have been settled during the negotiations – not when closing on your Flower Mound home.
Looking for the best realtor in Flower Mound to assist you in buying the home of your dreams? Give Jeff Brand & Associates a call today! We are the real estate experts in Flower Mound, Grapevine, Lantana, Highland Village, Argyle, Lewisville, Castle Hills, and the surrounding areas and want to help you avoid these common mistakes buyers make.
If the kids have moved out and your lifestyle is changing, it might make sense to downsize your home and start reaping the benefits today. Start the process by thinking through these questions and what downsizing would look like for you:
What Does My Lifestyle Look Like Now – and in the Future?
The first thing to consider is the lifestyle you want to lead down the road. Now that you are entering a new phase in your life, are you done with home maintenance and looking for something maintenance free? Does a city or country lifestyle appeal to you? Would you want a second vacation home? Will you spend more time traveling than at your home?
Answering these questions helps give you a better understanding of what type of house you should buy. Many clients who downsize find that they are able to take the proceeds on their home and put it toward down payments on two homes: a smaller home in North Texas and a vacation home to enjoy with family and friends.
Am I Financially Ready for Retirement?
If you feel your retirement savings is a little lower than you’d like, downsizing now may help make up for lost time. Financial expert Dave Ramsey makes the point that if you cut your mortgage payment by $500 a month and decided to put that $500 in the bank each month, you’d be looking at an additional $1-1.6 million dollars in 30 years time!
How Do I Know How Much Equity I Have in my Home?
When determining what you want to do with the extra money from downsizing, the first question is generally, “how much equity do I have in my house, anyway?” Jeff Brand & Associates can help! Visit our website and fill out the simple Home Evaluation Tool. Someone at our office we get back to quickly with the fair market value of your home, giving you the knowledge you need to make the best decision possible!
If you’re considering downsizing your Flower Mound home, give Jeff Brand & Associates a call today and let us help you through the process!
As you well know, the housing market in Dallas-Fort Worth – and even most parts of the United States – is booming. Homes are selling fast, and the prices are rising every year. We’ve seen a steady increase in home prices with little end in sight.
And here’s yet another factor to consider: lumber prices.
The National Association of Home Builders (NAHB) reports that the new home market has been very strong, with builders having a hard time keeping up with demand in hot markets like Flower Mound, Plano, Allen, Frisco, and other Dallas suburbs.
But just recently, we’re not only seeing a shortage in new homes available because demand can’t keep up, but we’re also seeing a shortage in lumber.
And with a shortage in lumber, comes higher home prices.
Economists predict that these rising lumber prices will be passed on to the homebuyer, causing further price increases to an already elevated market. Nearly half the builders in a May NAHB survey reported issues getting enough lumber for their current home building projects. These shortages are comparable to what was seen during the building boom of ’06-’08.
Another reason for the increase in lumber prices? A proposed 24% tariff on lumber from Canada by the Trump administration. While not yet in place, a tariff of this magnitude could further raise prices here in the United States as supply weakens even more. Builders are reporting the possibility of a tariff is already affecting prices and compounding the issue.
Jeff Brand & Associates is your real estate expert in Flower Mound, Lewisville, Highland Village, and Lantana. We have a pulse on what’s going on here, in the surrounding communities, and nationwide. If you’re ready to buy or sell a home, trust Jeff Brand for knowledge and experience that will get you the house of your dreams!
The Town of Argyle has announced that there will be a meeting on Wednesday, July 19, to discuss the possibility of yet another new construction neighborhood in Argyle: Lochlan of Argyle.
The meeting, set to start at 6pm in the community room of Argyle Town Hall, will be an opportunity for the real estate delveloper propsing the plan to answer any questions about the proposal and hear the concerns of town residents about the project.
From what we know so far, Lochlan of Argyle will be at the northeast corner of FM 407 and Highway 35W and is proposed as a mixed use development comprised of the following:
- 700 Residential Homes: A vast majority of the plan calls for homes, ranging in size from patio homes to larger homesites. Overall though, expect these homes to be low density on smaller lots, while traditional Argyle homes with acreage surround the development and create balance.
- Retail and Dining: Commercial development is being slated for the far western side of the property closest to 35W. Properties will vary in size from 1,800 square feet to over 50,000 square feet.
- Parks & Trails: The property will harness the natural beauty of Argyle by incorporating parks, trails, and walking paths throughout the 333-acre development. The goal is to create an atmosphere where residents can enjoy the beauty of the natural surroundings, all while being within walking distance to great restaurants and retail.
- Amenity Center: Expect the amenity center to encompass a pool, clubhouse, community gathering spaces, a fitness center, and more.
The property is being proposed by Terra Manna, the same developer that brought you Waterbrook of Argyle (currently in progress and approved by the Town of Argyle last year) and Canyon Falls in Flower Mound.
Ready to find a new home for sale in Argyle, Texas? Want to learn more about Lochlan of Argyle? Jeff Brand & Associates can help! Give us a call today to being your home search with the best realtors in Argyle!
In Flower Mound – and throughout Texas and even the United States – the housing market is flourishing. The supply can’t keep up with demand. And while this may be good for sellers, it’s not so great for buyers.
When you’re ready to buy a home, you can just count on there being lots of competition for Flower Mound area homes you are interested in, particularly if you are a first time buyer, buying at a more modest price point. While you can’t win them all, having the right Flower Mound realtor – and your pre-approval letter in hand – will put you well on your way to quick success in a hot market. Here’s why –
Narrows the Search
A pre-approval letter helps you zero in on exactly what you can afford so that you don’t waste time looking at properties that don’t meet your criteria. You may be thinking you can only qualify for X amount, but the actual amount you can afford is higher. While the gap might be small, it might be enough to make you miss out on finding your dream home. And at the same time, you wouldn’t want to spend time looking at homes – finding one you love – only to find out it is out of your price range.
Tailored Expertise from your Realtor
With a pre-approval letter in hand, your realtor can tailor the house search specifically to you. The pre-approval letter tells your realtor, “I’m serious and I’m ready to find a home now.” This level of commitment on your part will fuel commitment on the part of your realtor because he or she can find homes that are within your budget, all while knowing your loan is likely to go through.
Buyers Like Pre-Approvals
Again, pre-approval letters show that you are a serious buyer. In a competitive market, you wouldn’t want to lose your dream home because the buyer saw you as a risky offer.
Confidence Throughout the Home Buying Process
Bottom Line: a pre-approval letter is just that, a piece of paper. But taking the simple step forward to get a pre-approval and understand exactly what you can afford gives you the confidence to be in control of the process because you’ve shown that you are serious and ready to make a deal.
Not sure where to start with getting a pre-approval letter? Do not go out and start filling out any online applications! Start by calling Jeff Brand & Associates and let our team put you in touch with loan officers we trust, who have expertise and your interest in mind.
Summer break is always a popular time for families to buy a new home, and at Jeff Brand & Associates, we’re here to help!
Whether you are new to Texas or just considering homes for sale in Flower Mound, you are in luck. Let Jeff Brand give you a primer on 4 of the most popular neighborhoods in Flower Mound, Texas:
This executive, master-planned golf community is in the heart of Flower Mound, centrally located near the areas premier shopping and dining options. Residents will soon be able to walk to the new Mi Dia set to open later this summer and the Flower Mound Riverwalk, after enjoying a round of golf on Bridlewood’s beautiful golf course. Great schools with low teacher-to-student ratios add to the allure for families moving into Flower Mound.
Wellington is another very popular Flower Mound neighborhood in southwest Flower Mound. Residents enjoy a full range of amenities, homes at varying price points, and highly desirable schools that feed into Flower Mound High School. Re-sell and location can’t be beat in Wellington, especially as west Flower Mound continues to grow and expand.
Speaking of growth in west Flower Mound, is you’re looking for a new construction home – in one of the popular Flower Mound neighborhoods – then Canyon Falls may be the right fit for you! Canyon Falls residents enjoy the luxuries and peacefulness of country living, all while being minutes from it all. This master-planned community has acclaimed Argyle and Northwest ISD schools and expansion in the area is planned to go gangbusters in the next few years. Get in on this real estate hot bed before everyone else! 11 builders are ready to hook you up with your dream home!
While not technically in Flower Mound, Highland Shores makes the list because we are constantly getting inquiries about this popular neighborhood. Highland Shores is located in Highland Village, TX, just north of Flower Mound on Lake Lewisville. While an older neighborhood, residents love the proximity to the lake, the mature trees, and the peacefulness that comes with being tucked into one of the safest cities in North Texas. Not to mention, Highland Shores feeds into some of the best Flower Mound schools.
Ready to explore homes for sale in Flower Mound? Have a question about these popular Flower Mound neighborhoods? Jeff Brand & Associates is here to be your guide! We’ve been doing this a long time and are experts in Flower Mound, Highland Village, Argyle, Grapevine, Bartonville, and Lewisville real estate.
What if we told you that you could add something to your home that would increase your ROI by 100-200%?!
You’d do it right?
Would you believe that a Flower Mound outdoor kitchen can do just that for your home’s ROI?!
If you’re considering taking the plunge and adding an outdoor kitchen to your outdoor space, just go ahead and do it! Here are some outdoor kitchen design ideas to make your space both functional and beautiful:
Step 1: Pick the Right Spot
Picking the right spot for the perfect outdoor kitchen can be tricky. Of course, an experienced Flower Mound realtor or designer can help give you an idea of what works and what doesn’t, but let’s run through some dos and don’ts:
- DO Avoid Utility Lines: Again, an experienced patio designer or builder will know how to avoid overhead or underground lines that could interfere with the building process.
- DON’T Cover Your Interior View: If you have a beautiful view from your family room and breakfast room into the backyard, don’t cover it up with a patio.
- DO Use the Natural Elements of Your Yard: Look for natural windscreens or buffers and locate the outdoor kitchen away from the elements.
Step 2: Incorporate Functional Design
- DO Use Low-Maintenance Building Materials: Choose functional design elements that will standup to the elements outdoors and easy to clean.
- DON’T Add to Many Gadgets: When building your perfect outdoor kitchen, there are so many choices – cooktops, wine coolers, etc. Only add elements that you will genuinely use.
- DO Use the Triangle Rule: Just like in your indoor kitchen, your outdoor kitchen is most functional when the main design elements – refrigerator, sink, and cooktop/grill are arranged in a workable triangle formation.
Step 3: Add Entertainment Elements
- DO Create a Ton of Seating: Adding a variety of seating options throughout your space creates the perfect atmosphere for mingling. Kitchens tend to be a place for mingling, so you’ll want plenty of room for guests to make themselves at home. Think about adding barstools or a bar that is about 42” tall for guests to visit as food is being prepared.
- DO Build a Roof Overhead: Your perfect outdoor kitchen will be much more functional if it can be used in all sorts of weather, not to mention, installing a roof with a fan will help to cool the space off on warm, summer days.
- DO Create Ambiance: Lighting is key to setting the perfect outdoor setting. Add decorative lighting that accentuates your space. Add a large television and surround sound speakers for entertaining with games and music.
Ready to find a Flower Mound home for sale with the perfect outdoor kitchen or need a consult on building one at your home? Call the Flower Mound real estate experts at Jeff Brand & Associates.
It’s hard to keep up with all the new construction homes in Flower Mound, so let Jeff Brand & Associates help by filling you in on one of our favorites in South Flower Mound. If you’re in the market to build a brand new home, Edgewood in Flower Mound, TX might be just the place for you!
Why Edgewood in Flower Mound, Texas?
Edgewood gives you the best of big city amenities, while giving you the feeling of small town life. Flower Mound is consistently ranked as one of the best cities to live in due to its quaint family feel, low crime rate, and excellent schools. In fact, with just 36 homesites in Edgewood, the neighborhood itself feels like a small community haven, tucked away in the heart of Flower Mound.
Ashton Woods – Luxury Homebuilder Extraordinaire
Ashton Woods in the exclusive builder for Edgewood in Flower Mound, and when you walk into an Ashton Woods home, you get a sense of distinctive style and luxury that is second to none. As you design your new custom home, you’ll be able to select design elements that suit your needs and individual style: premium stone countertops, fire pits, coffered ceilings, high-end appliances, custom moldings and so much more. Ashton Woods truly gives you the opportunity to make a house a home.
Edgewood Homes are Now Selling!
Edgewood in Flower Mound is now selling and many homesites have already sold. Check the interactive map here for updates on available lots. There are 11 different house plans available in Edgewood, starting in the low $500s.
What are you waiting for?! If you think Edgewood in Flower Mound, TX could be home to you and your family, give Jeff Brand & Associates a call today to visit the model home! A realtor is crucial to navigating the new home building process, and as the best realtor in Flower Mound, Jeff Brand will make the process seamless from start to finish.
Don’t we all just love the show Fixer Upper?!
Chip’s antics, Jo’s design details, and of course – the finished product is stunning! You wonder to yourself, “If they can do that in Waco, Texas, why can’t I do that in Flower Mound too?!”
While you can find a great fixer upper in Flower Mound, the strong real estate market helps them move very quickly. If you’re looking at buying a Flower Mound home and want the perfect fixer upper, pay attention to the following:
You find a house that looks great, but where is it located? Does it back up to a main thoroughfare or a busy commercial area? Is it on a busy street? What about airplanes flying overhead? While you can change just about everything else about a home, the location is there to stay.
Awkward Floor Plan
An extensive remodel can solve just about any floor plan issue, but can your budget allow for it? Finding a fixer upper in Flower Mound can be more difficult because many of the homes are expensive, even without updates! When you add a remodel into the bottom line, it just might not be feasible. If you think you can handle the remodel financially, make sure to check all restrictions and have a plan before closing on the home so there are no surprises.
Once a property has been on the market for awhile, chances are the seller will lower the price. Working with an experienced Flower Mound real estate agent will help you determine whether or not the asking price is fair and in line with market value.
So it has the right location, the floor plan is great, and the price is right, but it has some major décor flaws…what do you do? Buy it of course! Cosmetic changes – paint, fixtures, etc. are the easiest and most cost effective changes to your fixer upper in Flower Mound.
If you are on the hunt for the perfect Flower Mound fixer upper, remember that working with a top real estate agent is key to finding the home of your dreams. Top agents tend to know about homes before they even go on the market. Call Jeff Brand & Associates – the #1 real estate agent in Flower Mound, Texas – today to enlist our help in finding the home of your dreams!
With weather as gorgeous as it’s been this Spring in Flower Mound, you may just be wishing you could spend every day on the golf course! While living in a golf course community doesn’t guarantee days of leisurely golf, it does get you in close proximity to the course – making it a lot simpler to squeeze 9, or even 18, holes into your busy lifestyle.
If golf is a core part of your lifestyle, then consider these 3 golf course communities in Flower Mound, Texas:
- Bridlewood – Flower Mound, Texas
Bridlewood is your quintessential golf community. Beautiful, well-kept homes sit on comfortable lots, as the 18-hole golf course meanders through the neighborhoods. The Bridlewood Golf Club and Course was designed by expert course designer D.A. Weibring, and is quite fun to play on with its water hazards, trees, and even a creek running through it. Worth mentioning, Bridlewood also boasts great schools and events for the whole family.
- Tour 18 – Flower Mound, Texas
Located in west Flower Mound, Tour 18 Golf Course sits within the gated Tour 18 community; however, the course itself is public. The unique thing about Tour 18 is that each hole on the course is a replica of a famous course from around the United States. Augusta National #12, Oakmont #3, Pine Valley #17, and so many more favorites are at your fingertips – all in one place! Homes in Tour 18 are expansive and sit comfortably on oversized lots. It’s truly the executive golf community you’ve been looking for!
- Lantana – Lantana, Texas
While not technically one of the golf course communities in Flower Mound, Lantana Golf Club and Community is a favorite in the area. Located just minutes from Flower Mound, you’ll find beautiful new homes in just about every price point and size you are desiring.
Looking to purchase a home in one of these golf course communities in Flower Mound, Texas? Call Jeff Brand & Associates today to find out about great new homes – before they even hit the market! Trust the best realtor in Flower Mound to help you find the home of your dreams!