Another short sale closed! The sellers avoided foreclosure, the buyers purchased a nice home at a discount, and the lender did not have the losses involved with a foreclosure. Many people feel that the nation's economy rises and falls with the housing market. While this is often true, we believe the current housing crisis is a direct result of the economic downturn and massive job loss across the nation. In the Short Sale community, the vast majority of homeowners did not get a bad loan or buy more house than they could afford; they're just good, hardworking Americans who fell on bad times. All indicators point to Short Sales being on the real estate horizon for the foreseeable future, at least through 2012, and maybe longer. Industry experts see another wave of distressed homeowners su... 11/30/2010

Dallas TX homes for rent MLS Listings  Grand Prairie houses for rent  MLS Listings Click Here Click on any of DFW cities locate your next Dallas homes for rent !   Addison Grand Prairie Mesquite Carrollton Grapevine Richardson Cedar Hill Highland Park Rowlett Coppell Irving Sachse Dallas Lakewood Turtle Creek DeSoto Las Colinas University Park Duncanville Lancaster Uptown Farmers Branch Lewisville Valley Ranch Garland M Street Victory Park Glenn Heights Mckinney Avenue  Wylie   Collin County Houses For Rent Search any of these DFW cities for a   Collin County Homes For Rent, Condos and Townhomes     Collin County MLS Search Active Listings   Allen Fairview Frisco McKinney Murphy Parker Plano Prosper Sachse Wylie     Denton County Rentals Houses For Rent Search any of these DFW cities fo... 11/07/2010

Mira Lagos Community - Grand Prairie, Texas is a breathtaking, new community centered around a winding greenbelt and picturesque lakes.   Its name implies "view of the lakes"--and for good reason. The shores of the magnificent Joe Pool recreational lake practically lap the western edges of the community. Within its borders, a series of lakes, waterways and fountains grace a 43-acre linear park while numerous smaller lakes ripple gently in neighboring areas, reflecting one of the most alluring lifestyles to develop in years. Welcome home to Mira Lagos Community - Grand Prairie, Texas. The Home Owner Association Fees are only about $400 per year and includes maintainance of the grounds, landscaping, community parks, pools and community areas. Pride of ownership shows through out this beau... 09/27/2010

There are many benefits to using a Real Estate Agent Specializing in Single Family Resale Homes in Mira Lagos, Grand Prairie, Texas to market your home. You also need a real estate company that has the resources and marketing expertise of Keller Williams Realty. We are the Arlington, Mansfield, & Grand Prairie, Texas real estate experts that can help you to sell your home in Mira Lagos quicker, and at a price you will be happy with.   The Wauketa Jones Real Estate Group at Keller Williams Realty can act on your behalf as either a full service or discount Real Estate Agent Specializing in Single Family Resale Homes in Mira Lagos, Grand Prairie, Texas. As your full service Real Estate Agent Specializing in Single Family Resale Homes in Mira Lagos, Grand Prairie, Texas, we will, for a com... 09/24/2010

New Short Sale & Pre Foreclosures in Grand Prairie - Tarrant County - 76050,76051,76052,76053,76054 100% Free Search - CLICK HERE TO INSTANTLY VIEW HOMES Grand Prairie is a city in Dallas, Ellis, and Tarrant Counties in the U.S. state of Texas and is a part of the Mid-Cities region in the Dallas-Fort Worth Metroplex. Grand Prairie is a suburb of both Dallas and Fort Worth and in 2006 had a population of 153,812. http://www.dfwshortsales.info/short-sale-programs/search-short-sales/tarrant-county-short-sales/grand-prairie-short-sales/ 08/19/2010

Lots For Sale in Grand Prairie close to Joe Pool Lake.  1302 Ranch Rd could be used for building a home or manufactured home. Close to Joe Pool Lake and Lynn Creek Park. Lynn Creek Park is open from March through October and no overnight camping allowed. The city Of Grand Prairie manages Lynn Creek. Lynn Creek is located along the northwest corner of Joe Pool Lake and is accessed from Lake Ridge Parkway. If you have the urge to Swim (beach included) play on the awesome playground, play sand Volleyball or use the group or single use picnic places..within Lynn Creek Parks 785 acres you will find some fun and a lot of sun!!! There are also two boat ramps available.... Active 1302 Ranch Road   Grand Prairie* 75052-2611* LP: $25,000   Category: Lots & Acreage Type: Residential Orig LP: $25,0... 07/09/2010

Foreclosures For Sale in Grand Prairie Tx now for bid on Bid Select. Two new Foreclosures For Sale in Grand Prairie are being offered from HUD. Bids must be in by July 7th at midnight. This Grand Prairie Foreclosure is at 2130 Sherriff Dr. Grand Prairie 75051 and is listed at $70,000. This is a three bedroom, 2 bath home with 1433 square feet. One story, this Foreclosure Home For Sale in Grand Prairie built in 1978 has a fireplace, tile flooring, two car garage and a fenced yard. This Grand Prairie Foreclosed Home for Sale in not insured by FHA so you would need cash or a conventional loan to purchase this property. Walk to Bonham Elementary School in The Grand Prairie ISD ..and Mountain Creek Lake is nearby.  558 W Ferndale is also a 3 bedroom 2 bath home with 1198 square feet. Built i... 07/03/2010

Land For Sale in Grand Prairie 308 Knob Oak 75060. Lots & Land Brief Report   Street Address  308 knob oak Status  Listing Date Listings as of 11/07/09 at 4:26pm   Page 1 MLS#: 11301424 Active 308 Knob Oak CT #104 Grand Prairie 75060 LP: 15,000 Area: 271/0 Subdv: John C Read Type: Residential Map: 031A /W /DA Legal:   School District Irving Land Sqft: 871 # of Lots:   AG Exemp:   Past: .. HOA:   $/Lot Sqft: 17.22 Lots Sold Sep:   StkTnks:   Culv: .. Sold$/Acre: 0.00 Acre: 0.020 Lots Sold Pkg:   Lakes:   Ponds:     $/Acre: 750000.00 Zoning:   Lot Sz:   Str/Util:   Showing: Vacant lot..go and show Call:   Appt: X: DOM:   Occ:   LO: RE/MAX DFW Associates II (ID:RMDF02) Phone: 972-402-8100, FAX: 972-304-6350 972-402-8855 Var:   LA: Patrick O'Reilly(ID: 0525401)214-289-6176 SAC: 0%   11/07/2009

Lot For Sale in Grand Prairie. Pat O'Reilly Irving Real Estate Agent. This Mobile home lot is in Grand Prairie with Irving ISD. Thousand Oak Mobile Home Park is a Great park.   308 Knob Oak CT # 104 Grand Prairie, TX 75060-2032   $15,000   Vacant lot in Thousand Oaks Park. In a quite cul de sac. This is a great opportunity to get into Thousand Oaks.... Directions: South on Beltline from 183..Right on Thousand Oaks...Left on Knob Oak.      ML#:11301424    Lot Dimensions 14X70  Property Type Lots & Acreage  Feet To Road 0  Property SubType Residential  HOA Fees $120.00  Parcel ID 65118382510061040  Lot Description Cul De Sac  Lot Sq Ft (approx) 871  Lot Size/Acreage Less Than .5 Acre  Lot Acres (approx) 0.020  Present Use Mobile  Price/Acre 750,000.00  Zoning Residential  Map Coordinates ... 11/07/2009

All Major appliances and Furniture will come with the house. Large Corner Lot. Automatic Sprinkler system in the front and back of the house. 5 Spacious Bedrooms with 3 ½ Bath. 1 Media room  , 1 Office for Home businesses or study room. To directly access this property, use this shortcut: http://www.fizber.com/texas-buy-single-family-home-11648915.html 10/30/2009

First Time Home Buyers In Irving and Grand Prairie, Now Is The Time. The $8000 tax credit is set to end on December 1, 2009. There is talk that Congress will extend the Tax Credit but it is unknown what will happen. Do you wait and see if a new program will start or do you take the sure money now. If your answer is the sure money then time is of the essence. November will be a crazy month with everyone trying to beat the deadline plus we have Thanksgiving holidays at the end. Call me today or email me and we can get started getting you into a home and getting you the $8000 Tax Credit.   311 Knob Oak Court #114             Grand Prairie             75060-2033   $ 50,000 Pat O'Reilly Real Estate Agent Manufactured Home built in 1997. Three bedrooms and 2 baths. In a good park. Needs some ... 10/25/2009

Vacant and ready to go. Massive back yard. Large den with 18 inch tile and floor to ceiling fireplace. Galley kitchen with tile floors and tumbled tile backsplash. Spacious master with large walkin closet.  To directly access this property, use this shortcut: http://www.fizber.com/texas-buy-single-family-home-11647162.html 07/28/2009

Grand Prairie, TX - Ideal location, excellent access, progressive attitude, hometown feeling, established and new neighborhoods - these are the qualities that make Grand Prairie a competitor in attracting new businesses and residents. The City of Grand Prairie is ideally located in the heart of the Dallas/Fort Worth Metroplex. Just minutes south of the Dallas/Fort Worth Airport, the city is home to more than 127,000 people, including those whose families have lived here for generations and others who have moved here for the quality of life.   Grand Prairie Real Estate 05/31/2008

12:21 PM CDT on Tuesday, May 6, 2008 By BOB MOOS / The Dallas Morning News bmoos@dallasnews.com Baby boomers' growing desire to retire to small towns is turning the Texas Hill Country into one of the nation's hot spots for the silver-haired set. The natural beauty and relative affordability of the area west of Austin and San Antonio have put towns such as Fredericksburg, Kerrville and Marble Falls on national lists of popular retirement places. "The secret's out," said Frederick Day, a demographer at Texas State University-San Marcos. "If you're approaching retirement, head for the hills." ERICH SCHLEGEL/DMN Jim and Pam Spruiell went from a duplex in Dallas to 30 acres and a 3,700-suare-foot limestone house just west of Fredericksburg when they eased into retirement. View larger More ph... 05/10/2008

I've have a lot of discussions over the last couple of months concerning the "Renting" of FICO scores to obtain a mortgage that is credit score driven. I have had multiple phone calls on how the mortgage industry is combating this fraud... and here it is below. The sad part (as in a lot of things), innocent people will be affected."Putting A Stop To A Credit Ruse" By Kenneth R. HarneyThe days may be numbered for dozens of Internet-based companies that promise to quickly boost FICO credit scores by 200 to 300 points.Fair Isaac, the developer of the widely used FICO score, plans to introduce key changes designed to derail schemes that transplant high-quality credit card histories to the files of people with low FICO scores.The credit-boost companies, easily found on the Web by searching f... 06/22/2007

What's in store for the week ahead? First, a short - but relevant - history lesson. World War I was sometimes called the "War of the Trenches", because of the unique way that ground battles were fought. A long trench was dug by each opposing force, and they would fight between the two trenches, using the trench itself for cover as needed. Whichever side won that particular battle would advance forward, taking over their opponent's trench and proceeding to fight forward. Now - look at the chart below, and imagine you are in a hot air balloon, looking down over a WWI battlefield. C'mon, use your imagination.You can see that the 200-day Moving Average has been a very tough "trench" held firmly by the Bond Bulls, who have kept Bond prices above this level for the past nine months running an... 05/24/2007

1)  Did you know.... That if the seller has an FHA loan , HUD is not allowing lenders to negotiate a short sale and pay closing cost for the buyer.  If the lender allows closing cost paid for the buyer, FHA will not cover that part of the cost in the insurability/ reimbursement of the loan back to the lender.2)  Did you know... The IRS can tax the amount forgiven on a short sale?  Read below. For homeowners who are seriously delinquent on their mortgages and hoping for relief, the Internal Revenue Service has bad news: If your lender agrees to modify your loan and forgive any of your debt, you could owe federal income tax on the amount forgiven.Think of it as the tax code's "kick 'em while they're down" rule. When personal debts are canceled by a creditor, the amount forgiven is treated... 05/09/2007

After a trend of gradually worsening over the past month, Bond prices and home loan rates finally got the good news they'd been waiting for...that pesky inflation rate finally appears to be moving lower. Early last week, the Consumer Price Index (CPI) showed core consumer price inflation as better than anticipated, falling to a year-over-year 2.5% rate, down from 2.7% reported last month. While lower prices on goods and services are certainly good news for all of us, the consumers; it was especially welcome for inflation-hating Bonds and home loan rates. Following the news, home loan rates improved by .125%, and appeared destined to improve even more.But this wasn't to be - what happened? Bond prices were feeling the love, home loan rates were improving - but right in the middle of the ... 04/23/2007

The AMT was first enacted nearly 40 years ago to ensure that wealthy taxpayers pay at least some federal income tax versus sheltering their entire income with big write-offs. This strategy worked at the time, but AMT has never been indexed for inflation, resulting in more middle-income taxpayers owing the additional tax.All of us go through the AMT test each year. Our income is matched up with the tax brackets it falls into and the tax owed is calculated. But we also go through a second calculation - The AMT calculation. Many deductions are eliminated and the tax brackets are reduced. The tax owed under AMT is then compared to the tax owed under the bracket calculation. And guess which one you owe? The higher tax, of course.More individuals will pay the higher AMT tax since it does not ... 04/23/2007

Remember the old tag line from the show "Lifestyles of the Rich and Famous", as Robin Leach wished us all "champagne wishes and caviar dreams"? And sure enough, these days more and more people have the trappings of the rich. But is it the new home, maybe a shiny BMW, or more vacations? No. It's getting hit by the AMT or Alternative Minimum Tax, originally designed to hit only the ultra-wealthy. Not really the "you have arrived" feeling you had hoped for.The nasty AMT isn't just for the wealthy anymore, as it is trapping an alarming amount of the middle class, especially those who own homes and live in states with high income tax rates. And it's getting worse. Pretty soon, over half those with incomes between $75k - $100k will be victimized by the AMT. 04/23/2007