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Old 06-28-2009, 10:34 AM
 
Location: Greenwood Village, Colorado
2,185 posts, read 5,011,721 times
Reputation: 1536

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Just got back at looking at new homes in Keller, Marshall Ridge. Mostly Meritage homes in there. We also looked in Roanoke, but the new area seemed seemed like the houses were on top of each other and might be too close to the race track.

Some people think Roanoke might turn out to be a better vs Keller., visualy roanoke is not nice at all. Mobile homes, railroad tracks, run down shops. Keller on the other hand is established and overall seems to have nicer homes. I do have a friend in keller and it looks like his area went down in price and he is looking to move.

Which would be the better area to move into? We did look in trophy club, but most the houses were quite old, but the area is very pretty.
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Old 06-28-2009, 11:29 AM
 
Location: Dallas-Ft. Worth
108 posts, read 487,619 times
Reputation: 28
Quote:
Originally Posted by Cupcake77 View Post
Just got back at looking at new homes in Keller, Marshall Ridge. Mostly Meritage homes in there. We also looked in Roanoke, but the new area seemed seemed like the houses were on top of each other and might be too close to the race track.

Some people think Roanoke might turn out to be a better vs Keller., visualy roanoke is not nice at all. Mobile homes, railroad tracks, run down shops. Keller on the other hand is established and overall seems to have nicer homes. I do have a friend in keller and it looks like his area went down in price and he is looking to move.

Which would be the better area to move into? We did look in trophy club, but most the houses were quite old, but the area is very pretty.

What price range are you & your spouse wanting to stay within?? Are you two looking at inventory homes or preferring to do a build job??
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Old 06-28-2009, 02:39 PM
 
Location: Greenwood Village, Colorado
2,185 posts, read 5,011,721 times
Reputation: 1536
Quote:
Originally Posted by DFWNewHomeSpecialist21 View Post
What price range are you & your spouse wanting to stay within?? Are you two looking at inventory homes or preferring to do a build job??
Price range is very subjective based on a few factors.
Sale of our current home (hope to have $50k after sale)
Negotiate Realtors Fee to 3% on the sale price since they will be part of the purchase of the new home (will speak to her next week)

I am not sure how much or if Meritage is willing to negotiate price. If the house is 265k would an offer of 245k be considered?

The concern I have is no different than any home owner buying a new house. New construction will take 5-6 months. If I put mine up on the market and sell it in a month, I am in a world of hurt. The thought of moving twice makes me ill just thinking about it.
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Old 06-28-2009, 03:11 PM
 
Location: Austin
7,244 posts, read 21,799,366 times
Reputation: 10015
Quote:
Originally Posted by Cupcake77 View Post
Negotiate Realtors Fee to 3% on the sale price since they will be part of the purchase of the new home (will speak to her next week)
Good luck with that one! I don't know many Realtors who work for free, but there are several at the bottom of the barrel looking to make their next mortgage payment.
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Old 06-28-2009, 04:46 PM
 
107 posts, read 354,521 times
Reputation: 37
You will need to find a flat fee MLS listing broker in Texas.

Example: Creekview Realty

Charges $495 Flat Fee MLS Listing or $995 Flat Fee MLS Listing with Full Representation

When I sell my investment properties I use Creekview Realty, when I purchase homes I use another agent who I negotiate money back with closing with. Creekview will give you 2% cash back at closing*** BUT the agent that I use from another company has given back up to 90% of her commission at closing, that is why she is so popular.. if you need her info send me a direct message.

If you already have an agent she or he may negotiate things with you.

Meritage Homes, accepted my offer on a home I purchased Sales Price was $270,000 and they accepted 15k off of that price and then my agent gave me money at closing so it worked out great.

This is a Buyers market take advantage of it!!!!
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Old 06-28-2009, 05:47 PM
 
Location: Greenwood Village, Colorado
2,185 posts, read 5,011,721 times
Reputation: 1536
Great info itellyou! That is what I wanted to read and will look into it. Was the home you bought from Meritage one you had built or a spec? I would love to find one that we wanted come available but my guess is those are few and far between.

I spoke to an agent early today. She said standard fee is right around 9% for selling. That seems a bit excessive. She said we can negotiate the price a bit so I am open to see what she says. I am having a difficult time justifying that high of a payout lol. I suppose we all say that though.

Falcon - You may not know many realtors who work for free but from what I have seen, many get paid obscene figures for less that a few hours worth of time invested. With the internet and access to the MLS, many home buyers are finding their own homes and still the realtor collects the fee. This is why the whole 6% commission has been hotly contested.
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Old 06-28-2009, 06:23 PM
 
107 posts, read 354,521 times
Reputation: 37
I purchased a spec from Meritage, im an investor and I purchase homes and then do a lease purchase sometimes for people with not so good credit.
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Old 06-28-2009, 06:31 PM
 
Location: Greenwood Village, Colorado
2,185 posts, read 5,011,721 times
Reputation: 1536
Thanks for the info again. I may send you a pm later for info on the realtor.
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