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Preston Hollow Bank Owned Home on Waggoner $1.999 m

Hawkins Welwood English County Home in Preston Hollow This is New on Market! Two days old, in fact.  In Preston Hollow!  Just when you thought there were no more foreclosures this one quietly sneaks in. Seriously, this is a custom built home by Hawkins-Welwood! In case you don’t know they’re a well respected builder for 30 + years in the […]

Best Foreclosure Buy in UP!

Unfortunately, this one didn’t last long, 1929 remodel in University Heights. On market 11 days, list price $605,000, on tax roles for $972,600.  And at $605,000, you can bet this was a multiple offer scenario. It’s pending, it’ll be interesting to see what it sells for, if it’s disclosed.  Missed this one? Don’t worry, there […]

Foreclosure on Rheims

This listing popped up last weekend on the MLS as a foreclosure – it’s been on the market for 8 days as such. Before then it was on the market for 721 days to be exact.  Started at $5,500,000 down to $3,895,000 now as a foreclosure the price has gone up again to $4,500,000.  This […]

The Dallas Real Estate Foreclosure Report…you need to know…

Since foreclosures are in many buyer preferences when searching for a home these days, I started posting the quarterly foreclosure report for our region. Just hot off the press from the Collin County Association of Realtors. The take away is that foreclosure listings are almost down 12% from a year ago, (see chart above) a […]

There Goes the Neighborhood – Luxury Foreclosure Finds

I was interviewed last week by people newspapers on foreclosures in the Park Cites and Preston Hollow.  We met at a million dollar foreclosure listing in Preston Hollow – a builder gone bust! Foreclosures are on the rise for high end properties. Since much of the market activity has been distressed properties across the nation […]

Full Disclosure on Foreclosures – Q4 Results

As you know I post area sales data by month on the left sidebar.  This month also included a nice surprise, that is if you follow foreclosure activity.  It details how foreclosures have affected our area.  The detailed report is put together by the Collin County Realtors® Association, a big thank you. It’s no surprise […]

Best Foreclosure Buy in Preston Hollow

WOW! You can see the effects of Fannie Mae and Freddie Mac finally trickle down!  The government wants to sell houses more than lenders….(another post) Check out this Dallas foreclosure link and take a peek at 6532 Chevy Chase – there are some some unbelievable buyer incentives if you qualify.  This is very good news […]

Best Foreclosure Buy in University Park

My radar goes up when all the stars start to line up!  Best location, schools, nice lot with mature trees – getting close to being priced right…..has some updates or can be cleared for new construction.  Take a look at 3529 Villanova, click the portal to the right for foreclosure link, could be your lucky […]

Do you want the best info for New Listings, Foreclosures and Open Houses?

I regularly post new listings, foreclosures and open houses in a weekly PDF file. Now I’ve set up a portal directly from the MLS. Go ahead and click the lovely photo to the right for links on the latest listings, foreclosures and open houses available. Areas covered are Park Cities and Vicinities, Preston Hollow, Uptown […]

Some Great Foreclosure Buys in Park Cities Area

The foreclosure list this week is for the Park Cities area. There are a couple on Lovers and Mockingbird that could be good as a rental or lot value.  A word of advice, be careful to know the comps on million dollar properties, some are priced regular resale and don’t account for a foreclosure status.  […]