Found 2 blog entries tagged as homes in frisco.

As the real estate market in Frisco, Texas continues to flourish, potential homebuyers must consider the impact of rising interest rates on their ability to qualify for a home mortgage.    So, how does this affect buyers looking to purchase a home in Frisco?

1. Increased Monthly Mortgage Payments: When interest rates rise, mortgage payments inevitably increase. Higher interest rates mean higher monthly payments, which can significantly impact a homebuyer's budget. For Frisco residents, this means they may need to adjust their expectations when searching for a home or consider more affordable areas in order to find a property that suits their financial capabilities.

2. Reduced Purchasing Power: Rising interest rates can also decrease a homebuyer's…

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Answers to Your Questions Regarding Appraisals

As a listing agent, one of my primary obligations to a seller is to do everything within my ability to assist them in getting the proper value for their home.  Unfortunately, there are times when appraisers may not know a particular market well.  While this is not the norm, it does happen.  We make it a habit to communicate with the appraiser and to provide them data with respect to the comparable sales we used in pricing the home.  We will also ask the seller for a list of all upgrades, etc to evidence the details regarding the home.  When possible, we will deliver this information to the appraiser in person to establish a good report with him or her.  Below are a few frequently asked questions regarding…

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