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Amarillo, TX Real Estate News

By Pamela Madore, Team Work Makes The Dream Work
(The Pamela Madore Group)
Pamela MadoreKeller Williams Realty806-290-1920http://iloveamarillo.com   Don't Let The Fear Of Foreclosure Cause You To Bury Your Head In The Sand  I have a tendency to bury my head in the sand when I have a difficult problem that really needs addressing.  I know it is not the right thing to do but sometimes it is hard to face the cold hard facts.     It is not always easy to see in the future but it is mostly true that you can "feel" what may happen.   So with my head in the sand, I had to do a short-sale on a house I owned. That is just one step less than a foreclosure.  In hindsight (Monday morning quarterback) if I had just thought about it and not waited until it was too late, I could have sold the house.  I might not have made 5 cents but at least I wouldn't have that on my recor...
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By Pamela Madore, Team Work Makes The Dream Work
(The Pamela Madore Group)
Pamela MadoreKeller Williams Realty806-290-1920http://iloveamarillo.com    It's Christmas Time! My House Is For Sale.  To Decorate or Not To Decorate?   Everyone says that buyers love the looks of a house all decorated nicely for Christmas with all the lights and smells.  A nativity scene with all the camels and what-not along side the fireplace with a blazing fire is comforting.   And then all of the presents wrapped with bows under the tree wrapped with matching paper and stacked evenly. The outside of the house is all lit up!  There are lights on the eaves and Santa on the roof top.  The front yard has lighted candy canes and dancing reindeer.  What a beautiful Christmas! Says the buyer. Here is the seller.  I am going to spend hours putting all of that up and someone is going to wan...
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By Pamela Madore, Team Work Makes The Dream Work
(The Pamela Madore Group)
Pamela MadoreKeller Williams Realty806-290-1920   5 Reasons Your Dream House Told Me To Give You A Call!       You have been on the fence long enough!  Your dream house is waiting for you and it is time you came to see it.   It is exactly what you are looking for. Stop riding up and down the streets looking for your dream house by yourself! Let me save you gas and I will find it for you. Just because you don't think you can buy your dream home because you don't qualify doesn't mean that you actually can't.  Let me show you how you can. You think that the market is bad and it isn't a good time to buy.  Your dream house is available 24/7/365.  It doesn't matter what the market is doing.  Your house is still there. I am calling you because you didn't call me!  How else am I going to tell y...
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By Pamela Madore, Team Work Makes The Dream Work
(The Pamela Madore Group)
Pamela MadoreKeller Williams Realty806-290-1920  Why Are Closing Costs So High When Buying A House?    That is a very good question.  I spoke with a buyer today that was hesitant in making an offer on a $150,000 house because his closing costs were going to be $8000.  What could possibly cost $8000! Often times the closing costs are more than the down payment.  This is especially true on an FHA mortgage where the down payment is 3.5%.    Let's look at what some of these closing costs and other expenses are.  Most of these are paid at closing but not all of them. Your first expenses will be any inspections or tests that you may have done on the house that you are buying.  These can range from $250 to as much as $1000 depending on what type of inspections you desire.  Generally speaking t...
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By Pamela Madore, Team Work Makes The Dream Work
(The Pamela Madore Group)
Pamela MadoreKeller Williams Realtyhttp://iloveamarillo.com806-290-1920 5 Reasons To Sell Your House During The Holiday Season   People love the feeling of joy and hope during the Christmas season.  They are looking forward to a new year and a bright future.  One of those things could very well be a new home.  If you wait until after the first of the year to list your house, you will miss all of those buyers! Buyers that are looking during the holiday season are serious buyers.  They could be at ToysRUs or Sears but instead they are looking for a new home. They have a specific reason that NOW is the time to find a house.  Do you want to miss those buyers? You have a chance to Light Up The Season with all of your holiday decorations. One of the best showing times is when you are decorate...
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By Pamela Madore, Team Work Makes The Dream Work
(The Pamela Madore Group)
Pamela Madore, RealtorKeller Williams Realtyhttp://iloveamarillo.com806-290-1920Licensed Loan Originator#289635  For many years owner financing or investor financing was a popular way to finance a house.  The buyer would put down a down payment, GET THE DEED, and then make payments to the seller or investor.   Notice that I capitalized GET THE DEED.  The reason I did that was because I wanted to exclude rent-to-owns or lease options from our discussion.  Both of those are totally different from true owner financing.  In those cases you are really only an evictable tenant.   With new laws in effect through  the Frank/Dodd act many of the avenues for owner financing or investor financing were affected greatly.  Many owners and investors simply stopped doing them because they were afraid o...
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By Pamela Madore, Team Work Makes The Dream Work
(The Pamela Madore Group)
Pamela Madore RMLO # 289635 Licensed Loan Originator ITIN--Individual Taxpayer Identification Number--Now You Can Get A Mortgage! It has been a long time coming but now you, too, can get a home loan to buy a house.  There are many reasons, as you know, why you haven't been able to get a mortgage up until now. ITIN Mortgage This is not a traditional mortgage.  That means that you don't have to qualify in the same way as you would if you have a social security number.  This can also be used for a married couple that one has a social security number and the other has only an ITIN. It is best if you have established credit.  I am not able to run a credit report and get a credit score without a social security number but you can provide documentation that gives us a history of your payments....
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By Pamela Madore, Team Work Makes The Dream Work
(The Pamela Madore Group)
Pamela Madore Keller Williams Realty 806-290-1920 Stress is Real This Post Is To All Of The For Sale By Owners (FSBO) People That Are Trying To Sell Their Own Houses. If this is you, you are definitely my hero.  How you have the time, the energy, handle the stress, and anticipate the paperwork and negotiating is beyond me! Currently,  I have my house for sale.  I have been a Realtor for 150 years (almost) so you would think this would be easy.  Wrong!  I haven't had this much stress since (not mentioning any names) was President!! Have you seen that commercial on television where the lady is "nose blind"?  What the commercial is about is that once you are in your own comfortable environment you don't see (or smell) what other people do when they come in your house.  When I come in to yo...
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By Pamela Madore, Team Work Makes The Dream Work
(The Pamela Madore Group)
Pamela Madore Keller Williams Realty 806-290-1920 Townhouse Living At Its Best Townhouse living is great!   They come in all shapes and sizes and price ranges.  Let me tell you a few things about why townhouse living can be the greatest thing since sliced bread.   3117 Fleetwood Drive  I am going to talk to you about a particular townhouse actually.  Mine.  I have lived in it almost 10 years and my husband and I have decided to be a little more mobile.   Here is a picture of the outside. Pretty cool, huh.   We have a get fireplace.  It is both gas and wood burning.  In our particular case we share a common wall with only one neighbor.  There are no association fees of any kind either. A great thing about our townhouse is the size.  It doesn't look all that big from the outside but insid...
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By Pamela Madore, Team Work Makes The Dream Work
(The Pamela Madore Group)
Pamela Madore Keller Williams Realty Owner/Agent 3117 Fleetwood Drive, Amarillo TX For Sale For Only $168,397 Fabulous townhouse in the heart of Amarillo.  Close to shopping and built to last!  Walking distance to the park.  Use my lender and lender fees are paid.  With acceptable offer I will pay the rest.  On an FHA loan your down payment would be under $6K   3117 Fleetwood Drive   3117 Fleetwood Drive 3117 Fleetwood Drive   3117 Fleetwood Drive   3117 Fleetwood Drive The home is 2902 sq ft and is priced at only $58 a sq ft.  More than fair. It has 3 bedrooms, 2.5 baths and a separate office.  There is an alcove that has a stand up desk which is where I am writing this from! The room sizes are large.  Check details here.  This would be a great set-up for empty-nesters taking care of a...
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By Pamela Madore, Team Work Makes The Dream Work
(The Pamela Madore Group)
Pamela Madore Keller Williams Realty 806-290-1920 Whether I am representing a buyer or a seller, my main job is to do the best job I can to see that you are treated fairly and and stupid  things don't happen. In order for that to happen, I must have earned your full trust. In order to that we need to keep no secrets from each other.   I know that many things are personal, sometimes embarrassing, and you would really rather that not everyone know about them but some of the things that we need to know are critical in the process.  I hate last minute surprises and I don't want you to have any either! Here are a few examples of things that need to be brought out into the open either to me or your lender. Are you married?  That seems like a simple question but there really are  a few not so ...
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By Pamela Madore, Team Work Makes The Dream Work
(The Pamela Madore Group)
Pamela Madore Keller Williams Realty Owner/Agent 3117 Fleetwood Drive, Amarillo TX For Sale For Only $168,397 Fabulous townhouse in the heart of Amarillo.  Close to shopping and built to last!   3117 Fleetwood Drive   3117 Fleetwood Drive 3117 Fleetwood Drive   3117 Fleetwood Drive   3117 Fleetwood Drive The home is 2902 sq ft and is priced at only $58 a sq ft.  More than fair. It has 3 bedrooms, 2.5 baths and a separate office.  There is an alcove that has a stand up desk which is where I am writing this from! The room sizes are large.  Check details here.  This would be a great set-up for empty-nesters taking care of aging parents.  Plenty of privacy.  Two back patios and lots and lots of storage.  So much storage that most of them are empty!  I don't have enough to fill them! For mor...
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By Pamela Madore, Team Work Makes The Dream Work
(The Pamela Madore Group)
Pamela Madore Keller Williams Realty If you are looking for something in town but big and private then you have come to the right place.   8300- Wilshire  A majestic home with much to offer.  The master is downstairs and you can stick the kids upstairs.  Downstairs is also a separate office that if you needed another bedroom all you would have to do is add a closet.  Formal dining room.  Above ground pool.  Has it all!  Only $259,000 and seller will help with closing costs.  8300 Wilshire   8300 Wilshire For more information and additional pictures click here.  TREC NO. IABS 1-0, INFORMATION ABOUT BROKERAGE SERVICES TREC NO. CN1-2, CONSUMER PROTECTION NOTICE Pamela MadoreKeller Williams Realty3955 S. SoncyAmarillo, TX 79119806-290-1920http://iloveamarillo.com    
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By Pamela Madore, Team Work Makes The Dream Work
(The Pamela Madore Group)
Pamela Madore Keller Williams Realty 806-290-1290 2708 S. Marrs What Is The Difference Between A House And A Home?  2708 S. Marrs There is a difference you know.  A house doesn't have that comfortable lived in feeling that a home has.  Somehow the owner of this house remodeled it and turned it into the comfort of a home. 2708 S. Marrs It has a large open floor plan, all tiled, with amazing kitchen cabinets and granite.  The bedrooms have new carpet and there is 1.5 baths.  Don't forget the oversized two car detached garage/workshop. This is all in a great location in Lawndale.  It is the best priced for the value in the whole area! Let me walk you through this great house!   For more information and pictures of 2708 S. Marrs visit  http://pamelamadore.kwrealty.com/listing/mlsid/439/prop...
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By Pamela Madore, Team Work Makes The Dream Work
(The Pamela Madore Group)
I Want To Buy A House.   Where Do I Start?   4238 Sw 15th Ave , Amarillo, TX 79106     Do you remember when you were in kindergarten?  For some of us maybe we don't.  It was too long ago. But here you are.  Your first day of school ever.  So you have your mom or dad drop you off.  You go in to the building and you get the deer in the headlights look and it occurs to you "where do I start"? It is about the same buying your first house.  Where do I start? When you were in kindergarten standing there looking stupid, someone, probably your teacher, took you by the hand and led you to your classroom.  From there it was some sailing.  Your teacher helped you learn what you needed to learn to pass to first grade and then eventually become the genius of the universe.  That might be an exaggera...
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By Pamela Madore, Team Work Makes The Dream Work
(The Pamela Madore Group)
Pamela Madore Keller Williams Realty 806-290-1920 MORE INFO  Awesome remodeled house in Lawndale.  The seller likes granite and tile and you can tell by the qualify of workmanship.  Take a look at the kitchen cabinets!  And seller will pay $2000 in closing costs, a $500 home warranty and a survey with full price offer!!! 2708 S. Marrs 2708 Marrs  Amarillo Great open living, dining and kitchen combo.  All appliances stay (not new or guaranteed). 2708 Marrs Amarillo Property has a marvelous over sized two car detached garage.   It is a 3/1.5 bath.  The price is only $119,900!!!  Pack your bags.  Momma wants the house and daddy wants the garage! 2708 Marrs. Amarillo   Call, text or email.      TREC NO. IABS 1-0, INFORMATION ABOUT BROKERAGE SERVICES TREC NO. CN1-2, CONSUMER PROTECTION NOTIC...
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By Pamela Madore, Team Work Makes The Dream Work
(The Pamela Madore Group)
Pamela Madore Keller Williams Realty 806-290-1920 I have.  Twice as a matter of fact.  The one I live in and the one I should have burnt down.    The One I Should Have Burnt Down   I bring this up today because I just sold some folks a house and we are closing in a week.  They have never seen the house.  Today I show it to them.  What if they don't like it! With today's technology more and more people are previewing and maybe even buying houses without even a walk through.  In the case of my clients above, we did a Face Time walk through of every nook and cranny of the house.  They asked questions and I tried to do the best  I could to answer them.   When we bought our house almost ten years ago technology wasn't as good.  We relied on static pictures that the agent had posted online in...
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By Pamela Madore, Team Work Makes The Dream Work
(The Pamela Madore Group)
Pamela Madore Keller Williams Realty 2708 Marrs Amarillo Awesome remodeled house in Lawndale.  The seller likes granite and tile and you can tell by the qualify of workmanship.  Take a look at the kitchen cabinets! 2708 Marrs  Amarillo Great open living, dining and kitchen combo.  All appliances stay (not new or guaranteed). 2708 Marrs Amarillo Property has a marvelous over sized two car detached garage.   It is a 3/1.5 bath.  The price is only $125,000!!!  Pack your bags.  Momma wants the house and daddy wants the garage! 2708 Marrs. Amarillo   Call, text or email.    TREC NO. IABS 1-0, INFORMATION ABOUT BROKERAGE SERVICES TREC NO. CN1-2, CONSUMER PROTECTION NOTICE   Pamela MadoreKeller Williams Realty3955 S SoncyAmarillo TX 79199http://www.iloveamarillo.com/ 806-290-1920  
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By Pamela Madore, Team Work Makes The Dream Work
(The Pamela Madore Group)
Pamela Madore Keller Williams Realty 806-290-1920 Do You Want To Live In Your Car Or Your House?   I was looking at a house that came "back on the market" the other day.  When you see that you always wonder why it fell apart in the first place. There was a private note (Realtor to Realtor) in the comments section that said something along the lines of "I hope they got a great deal on the car because they will be living in it". What he meant by that was that 5 days (FIVE!!) days before closing they bought a new car.  *sigh*  People if you want a new car and you think you can afford it AFTER you buy the house, then go for it.  Buy a new car.  But 5 days before closing means that you no longer qualify for the loan. Dead deal.  Lost deposits.  Lost commissions.  Title Company wasted work.  ...
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By Pamela Madore, Team Work Makes The Dream Work
(The Pamela Madore Group)
Pamela MadoreKeller Williams Realty806290-1920   It is has been a tough week.  For me, my buyers the lender, and the title company.  Plus the seller and her new roof that was supposed to be taken out of proceeds.   The deal died on closing day.  The absolute worst day. Here is the saga--still ongoing-- of a sad tale when one person is either shady or two people are unclear about how to do things.  I prefer the latter. My buyers found a house that they really loved.  We had a pre-approval and no one had any indication that there may be a skeleton in the closet.  The pre-approval went great.  All the fraud tests were down and we were clean.  Or so we thought.   The seller had to put on a new roof because there was enough damage on the old roof to make it uninsurable.  She did so with the ...
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