Posts Tagged ‘Fort Worth real estate’

What Part of “Thou Shalt Not” Don’t You Understand?

February 9, 2014 Leave a comment

THE TEN COMMANDMENTS When applying for a Real Estate Loan


•·       Thou shalt not change jobs, become self-employed or quit your job.

•·       Thou shalt not buy a car, truck or van (or you may be living in it)!

•·       Thou shalt not use charge cards excessively or let your accounts fall behind.

•·       Thou shalt not spend money you have set aside for closing.

•·       Thou shalt not omit debts or liabilities from you loan application.

•·       Thou shalt not buy furniture.

•·       Thou shalt not originate any inquiries into your credit.

•·       Thou shalt not make large deposits without first checking with your loan officer.

•·       Thou shalt not change bank accounts

•·       Thou shalt not co-sign a loan for anyone.




Rare Modern-Contemporary Waterfront Home on Eagle Mountain Lake FTW, TX 76179

7812 Skylake Drive Fort Worth, TX 76179   

$ 499,900


Virtual Tour:   

Modern-Contemporary home on Eagle Mountain Lake has 3 bedrooms, 4 bathrooms, 3,342 SqFt and appx 30′ water frontage.    

Take a Virtual Tour Live the waterfront lifestyle in this Frank Lloyd Wright inspired home. The Architect built this home to commercial specs and is energy efficient. In the master you’ll find a Jacuzzi tub, separate shower, his & her sinks, walk-in closet, plus a 7×4 sitting area. There is also a jetted tub the Jack-n-Jill bath between bedrooms 2 & 3. A small courtyard off the main hallway would make the perfect Zen garden! The huge loft with a full bath upstairs overlooks the living room and kitchen below allowing for a multitude of uses. Living room has fireplace imported from Belgium and a wall of windows overlooking the water. 3rd garage is for a small car or golf cart. Little yard maintenance. Superbly insulated & climate efficient with 4 AC/Heater units keeping your utility costs down even on hot summer days! The utility room has a sink, folding table, room for a freezer & extra cabinets. Other features include a sprinkler system which pumps from lake, dock, hot water pump system, built-in wine chiller in kitchen, skylights, fabulous views, new flooring, fresh paint, and much more!

Call Kelly for a private tour at 817-714-2898   

A Sign in the Yard Doesn’t Mean the Owner is Desperate to Sell!


It is a sign o’ the times; distressed properties are for sale!   Today the market is flooded with more foreclosures and Short Sales than I have ever seen in my near decade of practicing real estate and it’s forecasted to  get worse before it get’s better.

 You’ve heard those sayings: “If it sounds too good to be true, it is” &  “You get what you pay for”.  That holds true [pretty much] in the real estate world too!  Bank owned, or short sale properties seem like a great deal at first glance but are typically priced in line with what an “AS IS” price would be for a property in its condition.  Buyer’s need to beware of the cost of repairs exceeding the true market value once completed after the sale.

As I see it,  foreclosure listings are not grotesquely reducing their asking price as a way to undercut the rest of us or so a Buyer can  get a steal-of-a-deal;  they’re pricing their properties based on one or more suggested list price of a professional BPO (Broker Price Opinion). Banks  are not in the business of giving houses away and those BPO’s are conducted by local real estate agents advising them on how to get TOP DOLLAR in as short amount of time possible! I cannot imagine any Realtor who would be suggesting prices below anything but top dollar as that negatively effects their own hometown economics! 

While it is true that foreclosure sales have negatively affected the value in some neighborhoods,  A savvy agent will consult a traditional seller to price their property inline with recent sales as well as current competition (just like an appraiser will do).  I’d like to consider myself a “savvy agent” and I do tell my clients to price their property respective to current market conditions but even still I constantly see ridiculously low offers.  I’m sure there are plenty of stories of Buyer’s getting a deal but my rant today is merely to say I’m looking forward to the day when the mentality out there isn’t that if there is a sign in your yard, you must be desperate to sell and buyer’s stop making crazy low offers on homes that are clearly not over-priced. 

(quick disclaimer: Every city is like a snowflake with their own unique set of market conditions affecting their communities so I can only speak for what I see through my eyes here in Fort Worth, Texas.)

Mr & Mrs. Seller, if we can’t get them out of their cars, I can’t get into their checkbooks!

February 16, 2010 Leave a comment

  I’m not shy now when it comes to telling my clients to “edit this”, “put that in storage”, “sell that in a garage sale”, or why don’t you “go ahead and box that up”. (When I say it though, it doesn’t sound quite like such a demand. I can be a little more subtle… a little.)

I find it helpful to ease the pain of telling a Seller everything they just didn’t want to hear about having to put their prized Teddy Bear collection and Elvis memorabilia in storage by simply following up by saying, “I bet we can appeal to today’s picky buyers with just some editing and creative arranging with minimal out-of-pocket cost”.

I respect money. I enjoy saving it just as much as I do spending it and I’m always on the lookout for the deal with “more bang for a buck”. The feeling of getting a good deal, always makes me happy and I tend to brag about it! I see the service a Client is paying me for from their perspective. I want them to be happy with me… and brag about it! I’ve spent a few Saturday mornings in my career helping a client move furniture and box things away; it’s always been well worth the time, energy and effort. I bond with my clients while earning their respect. What’s not to like when I show up with a baseball cap on, and a gift of Magic Eraser’s in my hand? At the end of the day, chances are the most money spent will be on some colored mulch and a few fresh flowers.

I’ve been out showing before and have experienced many times when Mrs. Buyer eliminates a house from the curb! It’s hard to overcome an objection of a bad first impression! My #1 goal as a listing agent is to get buyers emotionally moved-in before the key ever drops out of the lockbox. Then, continue that emotion from the front door to the back patio. Typically, preparing the house to sell takes mainly elbow grease and a different perspective from their agent- aka ME!

My listings get positive feedback, and typically an offer in the first few showings. Happy client, Happy agent; It’s a win-win!

OH, and don’t forget to make sure they buy some new do-not-touch towels for the bathrooms! For those of you who had a mom like mine, you TOTALLY know what I’m talking about, right?

Eagle Mountain Lake Waterfront Property NOW 435,000-Ft. Worth

February 10, 2010 Leave a comment

 7852 Skylake Drive Fort Worth, TX 76179 

Home has separate guest quarters which could be a home office with a separate entry for your customers! Original owner. Home has been well-maintained and is in move-in condition. With some updating this could be a showplace! 

3,582 SqFt,  built in 1976, 4 bedroom, 3 1/2 bath, 3 living areas! ENJOY THE WATERFRONT LIFESTYLE with cool breezes and views from multiple decks. This stunning home at 7852 Skylake Drive which cantilevers over the rocky shore of Eagle Mountain Lake offers approx. 128′ of water frontage. This unique property has separate quarters which includes its own living area, loft, private bedroom and bathroom as well as access to the observation deck; the perfect spot to meet for morning coffee or sunset dinners! The main house has 3 bedrooms, 2 1/2 baths and offers multiple water views. Envision yourself on the master suite private balcony enjoying the sound of the waves washing ashore while reading your favorite book! Other features include: 2 fireplaces, a 40′ boat slip, full yard sprinkler pumped form lake water, vaulted ceiling with exposed beams, pier & beam Steel foundation, 12″ concrete walls, AC & hot water heaters are less than 2 years old. MLS# 11133760 Call Kelly today at 817-714-2898 for more info or to schedule a private tour.

Gormet Kitchen, Salt Water Heated Pool & Spa, 3 Car Garage- Fort Worth

February 10, 2010 Leave a comment

 Virtual Tour: 

$385,000 – 7645 Eagle Ridge Circle Fort Worth, TX 76179 has 2,961 sqft, built in 2005, 4 bedroom, 3 bath, 3 car garage, single story. Granite Kitchen has 7ft island, custom cabinetry, tumbled marble backsplash, 5 burner Jenn-Air gas cooktop, stainless appliances, built-in bill station, walk-in pantry & breakfast bar which overlooks the sparkling heated salt water pool & spa. Master has his & her closets, separate sinks, jetted tub & oversized shower. Efficient INSTANT hot water on all faucets, dual flush toilets, Radiant barrier roof, Trex decking. Other features include keyless entry, wood, carpet & ceramic tile floors, Jetted tub in master, jack-n-Jill bath between bedrooms 2 & 3, remote control gas fireplace, side entry 3 car garage, plumbed for gas grill on patio,  Stainless Fridge stays, View of Eagle Mountain lake from backyard, and MUCH MORE!  MLS# 11261531. Call Kelly Schipper for a private tour at 817-714-2898.

Eagle Ridge Circle