|
|
 |
|
|
|
Hi friends,
I am so happy to be a Co-Owner of Real Estate One now. Please stop by and visit me in my new office. I thank you all for being part of my success!
God Bless You All,
Holly Whitefield Cohen
|
|
|
|
|
I am proud to announce that I am now a Co-Owner/Agent with Real Estate One in Midland Texas!! Please give me a call if I can help you with any of your Real Estate needs!
Have a great weekend!
Holly Whitefield Cohen |
|
|
|
|
Our available rentals are listed below:
705D Kansas 1/1 $575/water paid
4500 Amistad 3/2/2 $1,500
3400 Sagemont 3/2.5/2 $1,900
|
|
|
|
|
Darrell McDonald Realtors
Rental Ad for
<쀬ߓ>May 9, 2010
4607 Ric Drive 3 bdrm, 1.5 bath, 1 car $ 1,100
5125 Sunnyside 3 bdrm, 2 bath, 2 car $ 1,275
2601 Boeing 3 bdrm, 2 bath, 2 – Remodeled $ 1,625
2607 Ward 4bdrm , 2 bath 2 car $ 1,700
More coming soon!
|
|
|
|
|
5125 Sunnyside 3 bdrm, 2 bath, 2 garage $ 1,350
3100 W. Wadley # 14 3 bdrm, 3 bath, Nice Condo! $ 1,350
rentmidlandtexas.com
Please keep checking back for more rental properties here. Nothing in stays the same for very long in Real Estate, especially for the rental department available properties at Darrell McDonald Realtors. Have a wonderful day and God bless you all.
Holly :) |
|
|
|
|
Darrell McDonald Realtors
<쀬གྷ>January 24, 2010
4344 A Dengar 2 bdrm, 2 bath, 1 carport $ 750
4717 Kiowa 3 bdrm, 2 bath, 1 garage $ 1,000
3100 W. Wadley # 14 3 bdrm, 3 bath, WOW! $ 1,500
4803 Brookdale 3 bdrm, 2 bath, 2 garage $ 1,625
4118 Amistad 3 bdrm, 2 bath, 2 garage $ 1,625
1407 Tejas 4 bdrm, 2 bath, 2 garage $ 1,725
rentmidlandtexas.com
|
|
|
|
|
|
No new rental list to report.
|
|
|
|
|
I WILL POST A NEW RENTAL LIST ON MONDAY.
THX, HOLLY
|
|
|
|
|
HAPPY 2010!!!!
FROM HOLLY COHEN |
|
|
|
|
4509 Crockett 3 bdrm, 2 bath townhouse $ 1,250
4604 Tammy Cove 3 bdrm, 2 bath, 2 garage $ 1,400
4803 Brookdale 3 bdrm, 2 bath, 2 garage $ 1,650
2906 Emerson Place 3 bdrm, 3 bath, 2 garage $ 1,850
1407 Tejas 4 bdrm, 2 bath, 2 garage $ 1,850 |
|
|
|
|
Sagewood # 118 2 bdrm, 2.5 bath, carport $ 875
4509 Crockett 3 bdrm, 2 bath townhouse $ 1,250
4604 Tammy Cove 3 bdrm, 2 bath, 2 garage $ 1,400
4803 Brookdale 3 bdrm, 2 bath, 2 garage $ 1,750
2906 Emerson Place 3 bdrm, 3 bath, 2 garage $ 1,850
1407 Tejas 4 bdrm, 2 bath, 2 garage $ 1,900
|
|
|
|
|
1206 “B” Missouri 1 bdrm, 1 bath, bills paid $ 575
Sagewood # 118 2 bdrm, 2.5 bath, carport $ 875
5107 A Illinois 3 bdrm, 1.5 bath, 1 garage $ 875
4509 Crockett 3 bdrm, 2 bath townhouse $ 1,350
4604 Tammy Cove 3 bdrm, 2 bath, 2 garage $ 1,400
5215 Blue Haven 4 bdrm, 2 bath, 2 garage $ 1,650
4803 Brookdale 3 bdrm, 2 bath, 2 garage $ 1,750
2906 Emerson Place 3 bdrm, 3 bath, 2 garage $ 1,850
1407 Tejas 4 bdrm, 2 bath, 2 garage $ 1,900
|
|
|
|
|
Darrell McDonald Realtors
Rental Ad for
<쀬φ>November 22, 2009
1206 “B” Missouri 1 bdrm, 1 bath, bills paid $ 575
Sagewood # 118 2 bdrm, 2.5 bath, carport $ 875
4509 Crockett 3 bdrm, 2 bath townhouse $ 1,350
5215 Blue Haven 4 bdrm, 2 bath, 2 garage $ 1,650
4408 Parkhurst 3 bdrm, 2 bath, 2 garage $ 1,650
4803 Brookdale 3 bdrm, 2 bath, 2 garage $ 1,750
4813 Spring Meadow # 2 4 bdrm, 3 bath Patio Home $ 1,875
1407 Tejas 4 bdrm, 2 bath, 2 garage $ 1,900
|
|
|
|
|
The rental list will be posted on Monday. I am sorry for the delay.
Thank you for your patience!
Holly Cohen |
|
|
|
|
>> Market Update
INFO THAT HITS US WHERE WE LIVE Big news for the housing market came Friday when the President signed a bill extending and broadening tax credits for homebuyers. Major points were first reported in an Inside Lending Bulletin last Thursday. The tax credits apply to contracts signed by April 30, 2010, that close by June 30. Income limits for eligibility have been increased to $125,000 per year for individuals and up to $225,000 per year for couples. Credits up to $8,000 continue for first-time buyers but there is now a $6,500 tax credit for buyers who've owned their current home at least five of the last eight years. However, homes selling for more than $800,000 are not eligible.
The week began with September Pending Home Sales coming in UP for the eighth month in a row. The National Association of Realtors index was UP 6.1% for the month, and UP 21.2% over September a year ago! The index hit 110.1, with 100 equaling the average level of sales contracts in 2001, the first year measured by the index.
And, yes, the Mortgage Bankers Association once again reported the average contract interest rate for 30-year fixed-rate mortgages dropped. This time it hit 4.97% with points sinking to 1.01 (including the origination fee) for 80% loan-to-value (LTV) ratio loans.
>> Review of Last Week
HELLO, 10,000... The Dow Jones Industrial average had busted through 10,000 before, but was finally able to stay above that magic number when the market closed for the week. The S&P 500, which many consider an even better indicator of investor sentiment, was up every day. The big jump came Thursday with solid earnings from tech giant Cisco and a 9.5% jump in Productivity. Friday saw what some considered a gloomy October Employment Report, but investors wouldn't let it push the Dow under 10,000.
Let's be clear. The job market is lagging behind the turnaround analysts are seeing in the overall economy. 10.2% unemployment is the highest since 1983, though still below that era's 10.8% rate. And because of the economic growth that began in the summer, some economists now feel unemployment is at its peak or very close. There were encouraging signs in Friday's numbers. There were fewer jobs lost than first reported for August and September. And the three-month average of job losses has declined in each of the last eight months.
Getting back to more obviously positive economic news, the 9.5% productivity gain was its largest boost since 2003. ISM Manufacturing was much better than expected, now solidly in above-50 expansion territory at 55.7. ISM Services has also begun to expand at 50.6, while Construction Spending bumped up 0.8% and Pending Home Sales saw the great shot up we covered above. The Fed's policy statement after last week's meeting recognized for the first time that household spending is "expanding" now, rather than "stabilizing" as they characterized it before.
For the week, the Dow finished UP 3.2%, to 10023.42; the S&P 500 was also UP 3.2%, to 1069.30; while the Nasdaq went UP 3.3%, to 2112.44.
While stocks did well, bonds held their own, supported by buyers who chose get gloomy over an employment report that stock investors certainly weren't fretting about. The FNMA 30-year 4.5% bond we watch ended slightly ahead of the previous week's close, finishing at $101.28. Mortgage rates moved down again slightly, firmly staying in historically low territory.
>> This Week’s Forecast
TAKE A BREAK... After all the hoopla of last week's Fed meeting and Employment Report, this week is about as quiet as it gets on the economic front. The markets take a break too, closing Wednesday for Veteran's Day. Thursday we'll continue to look at the weekly unemployment reports, as any improvement in jobs bodes well for housing. The Trade Balance is important, since it reflects our situation in the world market our economy is so closely tied to. Finally, we have another read on the consumer's mindset on Friday.
>> The Week’s Economic Indicator Calendar
Weaker than expected economic data tends to send bond prices up and interest rates down, while positive data points to lower bond prices and rising loan rates.
Economic Calendar for the Week of November 9 – November 13
| Date |
Time (ET) |
Release |
For |
Consensus |
Prior |
Impact |
Th
Nov 12 |
08:30 |
Initial Unemployment Claims |
11/7 |
NA |
512K |
Moderate |
Th
Nov 12 |
08:30 |
Continuing Unemployment Claims |
10/31 |
NA |
5.75M |
Moderate |
Th
Nov 12 |
11:00 |
Crude Inventories |
11/6 |
NA |
–3.94M |
Moderate |
F
Nov 13 |
08:30 |
Trade Balance |
Sep |
–$31.9B |
–$30.7B |
Moderate |
F
Nov 13 |
08:30 |
Univ of Michigan Consumer Sentiment–Prelim. |
Nov |
71.8 |
70.6 |
Moderate |
>> Federal Reserve Watch
Forecasting Federal Reserve policy changes in coming months. The Fed made clear in their policy statement after last week's meeting, that they intend to keep rates low for a long time. Inflation could change that, of course. Note: In the lower chart, a 1% probability of change is a 99% certainty the rate will stay the same.
Current Fed Funds Rate: 0%–0.25%
| After FOMC meeting on: |
Consensus |
| Dec 15 |
0%–0.25% |
| Jan 27 |
0%–0.25% |
| Mar 16 |
0%–0.25% |
Probability of change from current policy:
| After FOMC meeting on: |
Consensus |
| Dec 15 |
1% |
| Jan 27 |
3% |
| Mar 16 |
14% | |
| | |
|
|
|
|
I did not receive this weeks rental list. I will get it for you this week end so please check back.
Thank you,
Holly Cohen:) |
|
|
|
|
Darrell McDonald Realtors
Rental Ad for
<샌ཾ>November 1, 2009
1206 “B” Missouri 1 bdrm, 1 bath, bills paid $ 575
1607 E. Pine 2 bdrm, 1 bath, carport $ 750
Sagewood # 118 2 bdrm, 2.5 bath, carport $ 900
5106 A Shadylane 3 bdrm, 2 bath, 1 garage $ 1,000
1216 Century 3 bdrm, 2 bath, 1 garage $ 1,000
107 W. Louisiana 3 bdrm, Potential office $ 1,000
4813 Spring Meadow # 2 4 bdrm Patio Home $ 1,975
4004 Springfield 4 bdrm, 3 bath, 3 garage $ 2,300
|
|
|
|
|
Darrell McDonald Realtors
Rental Ad for
<샌ರ>October 25, 2009
1206 “B” Missouri 1 bdrm, 1 bath, bills paid $ 600
1607 E. Pine 2 bdrm, 1 bath, carport $ 775
5107 B Illinois 3 bdrm, 1.5 bath, 1 garage $ 875
Sagewood # 118 2 bdrm, 2.5 bath, carport $ 925
5106 A Shadylane 3 bdrm, 2 bath, 1 garage $ 1,000
1216 Century 3 bdrm, 2 bath, 1 garage $ 1,000
107 W. Louisiana 3 bdrm, Potential office $ 1,000
4505 Cloudcroft Ct. 3 bdrm 2 bath, 2 garage $ 1,300
4813 Spring Meadow # 2 4 bdrm Patio Home $ 1,975
4004 Springfield 4 bdrm, 3 bath, 3 garage $ 2,400
|
|
|
|
|
1206 “B” Missouri 1 bdrm, 1 bath, bills paid $ 600
1607 E. Pine 2 bdrm, 1 bath, carport $ 775
304 E. Pine 3 bdrm, 1.5 bath, central a/c $ 800
5107 B Illinois 3 bdrm, 1.5 bath, 1 garage $ 900
Sagewood # 118 2 bdrm, 2.5 bath, carport $ 925
5106 A Shadylane 3 bdrm, 2 bath, 1 garage $ 1,000
1216 Century 3 bdrm, 2 bath, 1 garage $ 1,000
107 W. Louisiana 3 bdrm, Potential office $ 1,100
4505 Cloudcroft Ct. 3 bdrm 2 bath 2 garage $ 1,375
4813 Spring Meadow # 2 4 bdrm Patio Home $ 2,000
|
|
|
|
|
|
|
|
Tena Waggoner
Loan Officer
3510 N. Midkiff, Ste 200
Midland, TX 79705
Phone: 432-689-2559
Fax: 432-689-3154
Mobile: 432-413-4343
|
|
For the week of October 12, 2009 – Vol. 7, Issue 41
|
>> Market Update
INFO THAT HITS US WHERE WE LIVE At the end of September, the supply of homes for sale was reported down 1.8% from the previous month in 27 major metropolitan areas. We all know the factors. Home prices are very affordable, mortgage rates are very favorable and first-time homebuyers are taking advantage of the $8,000 tax credit set to expire at the end of November, now just seven weeks away.
The Mortgage Bankers Association saw loan applications for home purchases rise 13.2% last week, as the MBA's Purchase Index hit its highest level since last January. The average rate on 30-year fixed rate mortgage slid to 4.89% with an average 1.13 points (including the origination fee) for 80% loan-to-value ratio loans to borrowers with good credit. Freddie Mac's weekly survey of conforming mortgage rates put the average 30-year fixed rate mortgage at 4.87% with an average 0.7 point for 80% loan-to-value ratio loans to borrowers with good credit.
>> Review of Last Week
BOUNCING BACK... The markets had lost ground for two weeks straight, but last week they got back on track with a vengeance. Hints at good Q3 corporate earnings helped. Some retailers also reported September sales that indicate the consumer is ready to step up to the plate and contribute to the recovery.
We also had the ISM Services index increasing to 50.9 in September, putting it in territory that signals expansion for the non-manufacturing part of our economy. Corporate earnings season got off to a nice start with Alcoa breaking its string of three straight quarterly losses with a surprise profit for Q3, and not just from cost cutting but also from higher sales. We even had good news from retailers encouraged by better-than-expected September numbers. Target, Kohl's, J.C. Penney and TJX all raised their Q3 or second half profit outlooks.
Initial claims for unemployment came in at 521,000, their lowest level since the first week of the year and continuing claims dropped 72,000, to 6.04 million. There are now economists who expect at least one month with net payroll gains before the year is out. The week ended with the trade deficit declining to $30.7 billion for August. Experts feel this solid showing for U.S. exports supports the case for a strong global recovery, with the U.S. helping supply capital goods to the rest of the world.
For the week, the Dow ended UP 4.0%, to 9864.94; the S&P 500 was UP 4.5%, to 1071.49; while the Nasdaq also rose 4.5%, to 2139.28.
The soaring stock market and a weak auction of Treasuries sent the bond market reeling, putting pressure on prices, including some mortgage backed securities. This included the FNMA 30-year 4.5% bond we watch, which was hammered down from the previous week's $101.66 close, dropping to $100.91. But, as reported above, mortgage rates stayed in super low territory.
>> This Week’s Forecast
MORE ON CONSUMERS, INFLATION AND MANUFACTURING... In spite of everything being squeezed into three days, it's a pretty full week of economic reports. Retail Sales give us an update on the consumer's willingness to contribute to the recovery and CPI readings keep an eye on inflation. The Philadelphia Fed Index, Industrial Production and Capacity numbers gauge manufacturing. The FOMC Minutes give us more on the Fed's view of the economy from their meeting on September 23.
>> The Week’s Economic Indicator Calendar
Weaker than expected economic data tends to send bond prices up and interest rates down, while positive data points to lower bond prices and rising loan rates.
Economic Calendar for the Week of October 12 – October 16
| Date |
Time (ET) |
Release |
For |
Consensus |
Prior |
Impact |
W
Oct 14 |
08:30 |
Retail Sales |
Sep |
–2.1% |
2.7% |
HIGH |
W
Oct 14 |
08:30 |
Retail Sales ex-auto |
Sep |
0.2% |
1.1% |
HIGH |
W
Oct 14 |
10:00 |
Business Inventories |
Aug |
–0.9% |
–1.0% |
Moderate |
W
Oct 14 |
14:00 |
FOMC Minutes |
Sep |
NA |
NA |
HIGH |
Th
Oct 15 |
08:30 |
Initial Unemployment Claims |
10/10 |
525K |
521K |
Moderate |
Th
Oct 15 |
08:30 |
Continuing Unemployment Claims |
10/3 |
6.06M |
6.04M |
Moderate |
Th
Oct 15 |
08:30 |
Consumer Price Index (CPI) |
Sep |
0.2% |
0.4% |
HIGH |
Th
Oct 15 |
08:30 |
Core CPI |
Sep |
0.1% |
0.1% |
HIGH |
Th
Oct 15 |
10:00 |
Philadelphia Fed Index |
Oct |
12.3 |
14.1 |
HIGH |
Th
Oct 15 |
13:00 |
Crude Inventories |
10/9 |
NA |
–0.98M |
Moderate |
F
Oct 16 |
09:15 |
Industrial Production |
Sep |
0.1% |
0.8% |
Moderate |
F
Oct 16 |
09:15 |
Capacity Utilization |
Sep |
69.7% |
69.6% |
Moderate |
F
Oct 16 |
09:55 |
Univ. of Michigan Consumer Sentiment–Prelim. |
Oct |
73.5 |
73.5 |
Moderate |
>> Federal Reserve Watch
Forecasting Federal Reserve policy changes in coming months. Fed Chairman Ben Bernanke told Congress last Thursday that interest rates will probably stay low for some time. But he also said that as the economy recovers, the Fed won't hesitate raising rates If inflation picks up. Note: In the lower chart, a 1% probability of change is a 99% certainty the rate will stay the same.
Current Fed Funds Rate: 0%–0.25%
| After FOMC meeting on: |
Consensus |
| Nov 4 |
0%–0.25% |
| Dec 15 |
0%–0.25% |
| Jan 27 |
0%–0.25% |
Probability of change from current policy:
| After FOMC meeting on: |
Consensus |
| Nov 4 |
1% |
| Dec 15 |
3% |
| Jan 27 |
13% | |
| | |
|
This e-mail is an advertisement for Tena Waggoner. The material provided is for informational and educational purposes only and should not be construed as investment and/or mortgage advice. Although the material is deemed to be accurate and reliable, there is no guarantee of its accuracy. The material contained in the newsletter is copyrighted by PrimeLending, A PlainsCapital Company and cannot be reproduced for any use without prior written consent. It is designed for real estate and other financial professionals only. It is not intended for consumer distribution. The material does not represent the opinion of PrimeLending, A PlainsCapital Company. © 2009 PrimeLending, a PlainsCapital Company. Trade/service marks are the property of PlainsCapital Corporation, PlainsCapital Bank, or their respective affiliates and/or subsidiaries. Some products may not be available in all states. This is not a commitment to lend. Restrictions apply. All rights reserved. PrimeLending, a PlainsCapital Company is exempt from licensing in the following states: AL, AK, AR, CO, DE, FL, GA, HI, ID, IA, KS, KY, LA, MN, MS, MO, MT, NC, NE, NV, NY, OH, OK, OR, PA, SC, SD, TX, UT, VA, WV, WY. Arizona Mortgage Banker Number License Number 0907334; California Department of Real Estate License Number 01857468; Connecticut Mortgage Lender License Number ML-13649; Illinois Mortgage banker License number MB.6760635; Maine Supervised Lender License Number SLM8285; Maryland Mortgage Lender License number 11058; Michigan First Mortgage Registrant License Number FR 0010163 and Second Mortgage Registrant License Number SR 0012527; New Jersey Licensed L! ender Number 083659; New Mexico Mortgage Loan Company License Number 01890; North Dakota Money Broker License number MB101786; Tennessee Mortgage Registrant Number 4023; Texas Regulated Loan License Number 7293; Vermont Mortgage Banker license Number 6127; Vermont Mortgage Broker license Number 0964MB; Washington Consumer Loan License Number 520-CL-49075; Wisconsin Mortgage banker License number 214170.
|
|
|
|
1206 “B” Missouri 1 bdrm, 1 bath, bills paid $ 600 1604 E. Pine 2 bdrm, 1 bath, carport $ 775 304 E. Pine 3 bdrm, 1.5 bath, central a/c $ 775
5107 B Illinois 3 bdrm, 1.5 bath, 1 garage $ 900
1216 Century 3 bdrm, 2 bath, 1 garage $ 1,150
107 W. Louisiana 3 bdrm, Potential office $ 1,200
4505 Cloudcroft Ct. 3 / 2 / 2 Tons of Tile! $ 1,375
2704 Purple Sage Tr. 3 bdrm, 2 bath, 2 garage $ 1,550
2906 Emerson Place Patio Home 3 / 2 / 2 $ 2,000
4813 Spring Meadow # 2 4 bdrm Patio Home $ 2,150
5107 B Illinois 3 bdrm, 1.5 bath, 1 garage $ 900
1216 Century 3 bdrm, 2 bath, 1 garage $ 1,150
107 W. Louisiana 3 bdrm, Potential office $ 1,200
4505 Cloudcroft Ct. 3 / 2 / 2 Tons of Tile! $ 1,375
2704 Purple Sage Tr. 3 bdrm, 2 bath, 2 garage $ 1,550
2906 Emerson Place Patio Home 3 / 2 / 2 $ 2,000
4813 Spring Meadow # 2 4 bdrm Patio Home $ 2,150
|
|
|
|
|
Darrell McDonald Realtors
Rentals
1206 “B” Missouri 1 bdrm, 1 bath, bills paid $ 600
1604 E. Pine 2 bdrm, 1 bath, carport $ 775 304 E. Pine 3 bdrm, 1.5 bath, central a/c $ 775
5107 B Illinois 3 bdrm, 1.5 bath, 1 garage $ 900
1216 Century 3 bdrm, 2 bath, 1 garage $ 1,150
107 W. Louisiana 3 bdrm, Potential office $ 1,200
4505 Cloudcroft Ct. 3 / 2 / 2 Tons of Tile! $ 1,375
2704 Purple Sage Tr. 3 bdrm, 2 bath, 2 garage $ 1,550
2906 Emerson Place Patio Home 3 / 2 / 2 $ 2,000
4813 Spring Meadow # 2 4 bdrm Patio Home $ 2,150
|
|
|
|
|
Available Rentals Starting Sunday –September 20, 2009
1206 “B” Missouri 1 bdrm, 1 bath, bills paid $ 600
1604 E. Pine 2 bdrm, 1 bath, carport $ 800
304 E. Pine 3 bdrm, 1.5 bath, central a/c $ 850
702 Beckley 3 bdrm, 1 bath, garage $ 875
4314 Brookdale 3 bdrm, 1 bath, New Carpet! $ 900
4404 A Thomason 3 bdrm, 2 bath, 1 garage $ 900
5107 B Illinois 3 bdrm, 1.5 bath, 1 garage $ 900
503 S. Bentwood 3 bdrm, 2 bath, 2 garage $ 1,000
1216 Century 3 bdrm, 2 bath, 1 garage $ 1,150
4304 Gulf 3 bdrm, 2 bath, 2 garage $ 1,150
4903 Brazos 3 bdrm, 2 bath, 2 garage $ 1,350
4324 Bedford 3 / 2 / 1 Nicely Update $ 1,375
4813 W. Neely Ave. 3 / 2 / 2 Like New! $ 1,400
4505 Cloudcroft Ct. 3 / 2 / 2 Tons of Tile! $ 1,450
2704 Purple Sage Tr. 3 bdrm, 2 bath, 2 garage $ 1,550
3103 Tealwood 4 bdrm, 2.5 bath, 2 garage $ 1,750
2906 Emerson Place Patio Home 3 / 2 / 2 $ 2,000
|
|
|
|
|
|
If you haven't heard about the horrible outburst on the VMA's made by a drunken Kayne West last week you must have been in outer space. It is not the first time this rapper has lost his mind and gone off the deep end publicly. I believe we should all band together and boycott this dirt bag from the entertainment business for life. He is clearly unstable and who knows what he might do next time...I guess Taylor Swift is probably lucky that he didn't physically harm her but that might not be the outcome the next time he looses it publicly. Join me in boycotting that thug Kayne West permanently from all forms of entertainment. Let's face it, he just isn't entertaining anymore, he is just frightening!
|
|
|
|
|
Open House Schedule for Sunday September 13, 2009
2:30-3:30 ~ 4505 BREEZEWAY CT. FABULOUS 4/3.5/3 IN GREEN TREE FOR JUST $279,000
4:00-5:00 ~ 2622 MARIANA UNBELIEVABLE 4/2/WITH DETACHED PARKING AND STORAGE BUILDING THAT WAS ONCE AN APARTMENT AND STILL HAS PLUMBING AND ELECTRIC IN TACT. BEAUTIFUL QUARTZ COUNTER TOPS, NEW CABINETS, NEW TILE AND NEW CARPET THROUGH OUT!!! MUST SEE THIS ONE TO BELIEVE ALL THE UPDATES FOR JUST $119,000
PLEASE STOP BY AND SEE THESE LOVELY HOMES OR GIVE ME A CALL FOR A PRIVATE SHOWING AT 432-638-3090
THANKS,
HOLLY |
|
|
|
|
Sunday –September 13, 2009
1206 “A” Missouri 1 bdrm, 1 bath, bills paid $ 600
1606 W. Kentucky 2 bdrm, 1 bath, garage $ 750
1604 E. Pine 2 bdrm, 1 bath, carport $ 800
304 E. Pine 3 bdrm, 1.5 bath, central a/c $ 850
4314 Brookdale 3 bdrm, 1 bath, New Carpet! $ 900
4404 A Thomason 3 bdrm, 2 bath, 1 garage $ 950
5107 B Illinois 3 bdrm, 1.5 bath, 1 garage $ 950
1209 W. Tennessee 3 bdrm, 2 bath, Big House! $ 1,000
503 S. Bentwood 3 bdrm, 2 bath, 2 garage $ 1,000
1216 Century 3 bdrm, 2 bath, 1 garage $ 1,150
4304 Gulf 3 bdrm, 2 bath, 2 garage $ 1,200
4903 Brazos 3 bdrm, 2 bath, 2garage $1,400
4324 Bedford 3 / 2 / 1 Nicely Update $ 1,450
4813 W. Neely Ave. 3 / 2 / 2 Like New! $ 1,500
4505 Cloudcroft Ct. 3 / 2 / 2 Tons of Tile! $ 1,500
2704 Purple Sage Tr. 3 bdrm, 2 bath, 2 garage $ 1,600
3103 Tealwood 4 bdrm, 2.5 bath, 2 garage $ 1,800
2906 Emerson Place Patio Home 3 / 2 / 2 $ 2,000
|
|
|
|
|
Darrell McDonald Realtors
Rentals Sunday –<샌ઇ>August 30, 2009
1206 “B” Missouri 1 bdrm, 1 bath, elc & wtr pd $ 600
4314 Brookdale 3 bdrm, 1 bath, 1 garage $ 825
5107 B W. Illinois 3 bdrm, 1.5 bath, 1 gar $ 950
4404 A Thomason 3 bdrm, 2 bath, 1 garage $ 950
503 S. Bentwood 3 bdrm, 2 bath, 1 garage $ 1,000
1209 W. Tennessee 3 bdrm, 2 bath, 1 garage $ 1,000
5113 Concho 3 bdrm, 2 bath, 2 garage $ 1,200
4304 Gulf 3 bdrm, 2 bath, 2 garage $ 1,300
1705 Culver 3 bdrm, 2 bath, 2 garage $ 1,450
4324 Bedford 3 bdrm, 2 bath, 1 garage $ 1,500
4813 W. Neely Ave. 3 bdrm, 2 bath, 2 garage $ 1,500
4505 Cloudcroft Ct. 3 bdrm, 2 bath, 2 garage $ 1,550
|
|
|
|
|
Sunday Open House Schedule for August 30, 2009
2607 Bedford Drive Open from 2-3 Sunday 8/30/09
2100 W. Wadley #11 Open from 2-3 Sunday 8/30/09
4505 Breezeway Ct. Open from 3:30-4:30 Sunday 8/30/09 |
|
|
|
|
Hi Guys,
Sorry I do not have our new rental list at this time. We should have about 12 new rental properties available but the rental department was so busy today they could not get the new list to me until Thursday morning. So check back by noon and I should have that updated list for you.
Have a great evening!
Holly:) |
|
|
|
|
|
For those of you who were disappointed to discover how quickly this property went under contract... I am sorry but that is what happens when a seller listens to their real estate agent and prepares the property as it should be prepared and listens to the price opinion of their agent. There will be more beautiful properties to come so stay tuned! The interest rates are still amazing, the government is still offering that $8,000 first time buyer incentive...this combination makes today the best day to buy your new home! Call me today!! Holly 432-638-3090
|
|
|
|
|
|
Don't miss this gorgeous 3 bedroom, 2 bathroom home on a lovely tree lined street in the heart of Midland! List price just $164,900!!! Call Holly Cohen today for an appointment to see this beauty at 432-638-3090
|
|
|
|
|
Rental updates will be posted next week. I apologize that I do not have the updates this week but will have a brand new list for you next Monday.
Thank you for staying tuned!
Holly :-) |
|
|
|
|
4306 Ferncliff 2 bedrooms, 2 bathrooms, 2 car garage for $1300
304 Oxford 3 bedrooms, 2 bathrooms, 2 car garage for $1300
1209 Tennessee 3 bedrooms, 2 bathrooms, 1 car garage for $1100
3210 Mark Ln. 3 bedroom, 2 bathroom, 2 car garage for $1400
5215 Lavaca 3 bedroom, 2 bathroom, 2 car garage for $1500
5107 B. Illinois 3 bedroom, 1.5 bathroom, 1 car garage for $975
1301 N. Colorado 3 bedroom, 2 bathroom, carport for $975
4314 Brookdale 3 bedroom, 1 bathroom, 1 car garage for $975
609 Howard 4 bedroom, 2 bathroom, for $925
1306 Keith Strreet 2 bedroom, 2 bathroom, 1 car port $850
1608 W. Kentucky 2 bedroom, 1 bath, 1 garage $800
|
|
|
|
|
Saturday August 1, 2009
1)4505 Breezeway Ct. 4/3.5/3 for just $279,900 in Green Tree!Open from 11:30-12:30
2)2100 W. Wadley #11 3/2/2carport for just $129,000 Gorgeous Condo in the trees! Open from 1:00-2:00
Sunday August 2, 2009
1)2607 Bedford Dr. 3/2/2 for just $174,900 Open from 1:30-2:30
2)4411 Dengar Ave. 3/2/2 for just $139,750 Open from 3:00-4:00
Come by and view some of the finest homes in Midland, Texas! |
|
|
|
|
Darrell McDonald Rental Properties available as of 7/23/09
For more information about lease properties please call our property managment department at (432)689-0021
Deposit is equal to one full months rent with perfect credit & goes up depending on your credit issues. To be sure you are qualified to rent a property, come by the office at 4801 N. Midland Drive and fill out a rental application. You must pay a non-refundable $35 application fee with either a money order or cash. Our rental properties are leased very quickly so if you see one that interests you, please make arrangements asap to guarantee your selection. You may also search my website for other rental properties that are available under property search and you will click the "L" under the sale or lease box when you scroll down the list and it will pull up all available rental properties that are listed in Midland at that time. The Darrell McDonald rentals are not on that list you can only see them here of by dropping by or calling our office.
1608 W. Kentucky 2bdr, 1bath, 1 garage $800
505 Devonian 3bdr, 2bath $800
1306 Keith St. 2bdr, 2bath, carport $850
116 N. Eisenhower 3bdr, 2bath, 1 garage $850
2311 Siesta 2bdr, 1.5bath,carport $875
609 Howard 4 bdr, 2bath $925
4314 Brookdale 3bdr, 2bath, 1 garage $975
1301 N. Colorado 3bdr, 2bath, carport $975
4306 Ferncliff 2bdr, 2bath, 2 garage $1,300 |
|
|
|
|
|
My Twitter page is homesbyholly
please follow my tweets!
|
|
|
|
|
|
2304 Maxwell open today from 12:30-1:30
Gorgeous 4/3.5 patio home with huge 2/carport
beautiful archways and almost 4000 square feet
of fantastic space! Just reduced to $210,000
|
|
|
|
|
|
All six of my open houses went very well this past weekend. I am looking forward to next weeks open house marathon. I hope to see you all there.
|
|
|
|
|
|
I hope u all had a very happy 4th of July! I thank God for all of the men and women who have risked & or sacrificed their lives so that all Americans could b free!!!
|
|
|
|
|
|
What a blast! Had a great 25 Hr class reunion.
|
|
|
|
|
|
The price of oil hit a high for 2009 so far of $71.65 per barrel and interest rates rose to 5.8% today. The time to purchase property in west Texas is now but hurry! Inerest rates are rising!!!
|
|
|
|
|
Follow me on twitter, facebook and you tube. I will be loading videos soon so check back frequently.
Holly |
|
|
|
|
|
Find my adventures in the West Texas Real Estate Market on my facebook page, my you tube channel (www.YouTube.com/hollywhitefieldcohen.com) and my twitter.com/homesbyholly. Join in all the fun while I navigate the waters of technology. It should be interesting...
|
|
|
|
|
|
Selling lots of houses here in Midland, Texas. Call Holly Whitefield Cohen at 432-638-3090 to view any home in Midland or Odessa Texas!
|
|
|
|
|
|
I hope you all remembered to call your mom for Mother's Day! We had a very nice day with family. I plan on adding more information about the tax credit for first time home buyers to this website, in the next few days. Have a great day!
|
|
|
|
|
Did you know that if you own a vacation home or a rental property and you decide to purchase a property for yourself the tax credit will apply for you?!?!? It is true! Keep coming back here for more fantastic facts about the First Time Home Buyer's Tax Credit....More coming soon! :-) |
|
|
|
|
I am working on a Twitter page and a business Face Book page. As of right now I only have a personal Face Book page. See you there!
Holly :-p |
|
|
|
|
4. Are there any income limits for claiming the tax credit?
The tax credit amount is reduced for buyers with a modified adjusted gross income (MAGI) of more than $75,000 for single tax payers and $150,000 for married taxpayers filing a joint return. The tax credit amount is reduced to zero for taxpayers with MAGI of more than $95,000 (single) or $170,000 (married) and is reduced proportionally for taxpayers with MAGIs between these amounts. |
|
|
|
|
3. How is the amount of the tax credit determined?
The tax credit is equal to 10 percent of the home's purchase price up to a maximum of $8,000. |
|
|
|
|
$8,000 Home Buyer Tax Credit at a Glance
*The tax credit is for first-time home buyers only.
*The tax credit does not have to be repaid.
*The tax credit is equal to 10 percent of the home's purchase price up to a maximum of $8,000.
*The credit is available for homes purchased on or after January 1, 2009 and before December 1, 2009.
*Single taxpayers with incomes up to $75,000 and married couples with incomes up to $150,000 qualify for the full tax credit.
Frequently Asked Questions About the Home Buyer Tax Credit
The American Recovery and Reinvestment Act of 2009 authorizes a tax credit of up to $8,000 for qualified first-time home buyers purchasing a principal residence on or after January 1, 2009 and before December 1, 2009.
The following questions and answers provide basic information about the tax credit. If you have more specific questions, we strongly encourage you to consult a qualified tax advisor or legal professional about your unique situation.
1. Who is eligeble to claim the tax credit?
First-time home buyers purchasing any kind of home -new or resale- are eligible for the tax credit. To qualify the tax credit, a home purchase must occur on or after January 1, 2009 and before December 1, 2009. For the purposes of the tax credit, the purchase date is the date when closing occurs and the title to the property transfers to the home owner.
2. What is the definition of a first-time home buyer?
The law defines "first-time home buyer" as a buyer who has not owned a principal residence during the three-year period prior to the purchase. For married taxpayers, the law tests the homeownership history of both the home buyer and his/her spouse.
For Example, if you have not owned a home in the past three years but your spouse has owned a principal residence, neither you nor your spouse qualifies for the first-time home buyer tax credit. However, unmarried joint purchasers may allocate the credit amount to any buyer who qualifies as a first-time buyer, such as may occur if a parent jointly purchases a home with a son or daughter. Ownership of a vacation home or rental property not used as a principal residence does not disqualify a buyer as a first-time home buyer. |
|
|
|
|
Economic Stimulus Plan Benefits the Housing and Mortgage Industries
Revised February 17, 2009
Just signed and sealed…a $787 Billion Stimulus Plan made up of tax cuts and spending programs aims at reviving the US economy. Although the package was scaled down from nearly $1 Trillion, it still stands as the largest anti-recession effort since World War II.
Home owners and potential homebuyers stand to gain from key provisions in this stimulus plan. Here is what we know as of today...
Tax Credit for Homebuyers
First-time homebuyers who purchase homes from the start of the year until the end of November 2009 may be eligible for the lower of an $8,000 or 10% of the value of the home tax credit. Remember a tax credit is very different than a tax deduction – a tax credit is equivalent to money in your hand, as opposed to a tax deduction which only reduces your taxable income.
The tax credit starts phasing out for couples with incomes above $150,000 and single filers with incomes above $75,000. Buyers will have to repay the credit if they sell their homes within three years.
Additional Housing-Related Provisions
Tax Incentives to Spur Energy Savings and Green Jobs — This provision is designed to help promote energy-efficient investments in homes by extending and expanding tax credits through 2010 for purchases such as new furnaces, energy-efficient windows and doors, or insulation.
Landmark Energy Savings — This provision provides $5 Billion for energy efficient improvements for more than one million modest-income homes through weatherization. According to some estimates, this can help modest-income families save an average of $350 a year on heating and air conditioning bills.
Repairing Public Housing and Making Key Energy Efficiency Retrofits To HUD-Assisted Housing—This provision provides a total of $6.3 Billion for increasing energy efficiency in federally supported housing programs. Specifically, it establishes a new program to upgrade HUD-sponsored low-income housing (for elderly, disabled, and Section 8) to increase energy efficiency, including new insulation, windows, and frames.
Expanding Housing Assistance—This provision increases support for several critical housing programs. It includes $2 Billion for the Neighborhood Stabilization Program to help communities purchase and rehabilitate foreclosed, vacant properties.
More Help for Homeowners in the Future
Another thing to keep an eye on in the coming weeks is President Obama’s plan to help struggling borrowers before they are faced with a default on their mortgage.
According to reports, the Obama administration is discussing plans to help borrowers who are struggling to stay afloat, but who have not yet fallen behind on their payments. At this point, details are scarce; however, reports indicate that President Obama is looking to spend approximately $50 Billion to directly help homeowners before they face foreclosure and financial disaster.
While this is good news for individual homeowners, it will likely be good for the housing industry as a whole. That’s because, assisting struggling borrowers before they default should help stop the wave of foreclosures, which are estimated to top two million this year. That, in turn, will help stabilize home prices.
The Economic Stimulus Plan is huge, and impacts a number of industries. I’ve highlighted some of the major provisions that may impact you now and in the future.
As always, if you have any questions or would like to discuss how this may specifically impact you, I’d be happy to sit down with you. Just call or email me to set up an appointment.
|
|
This email is not a commitment to lend and programs may change at any time without notice. The opinions given in this email are for informational purposes only and are not to be interpreted as assurances. No warranty is implied.
|
| |
Courtesy of Lisa Hagee with:
LOAN STAR MORTGAGE
3404 W. ILLINOIS #104
MIDLAND, TX. 79703
432-683-1232
432-683-1233 FAX
432-967-1232
|
|
|
|
|
National Association of REALTORS® update
Economic stimulus plan updateDifferences between the House and Senate versions of the American Recovery and Reinvestment Act have been reconciled. The bill, which has been sent to President Obama for his signature, contains important housing provisions championed by NAR and pushed recently by Texas Association of REALTORS® leadership in a visit to Washington, D.C. These provisions include:
- Homebuyer tax credit. The bill provides for an $8,000 tax credit that would be available to first-time homebuyers for the purchase of a principal residence on or after Jan. 1, 2009, and before Dec. 1, 2009. The credit does not require repayment. Most of the mechanics of the credit will be the same as under the 2008 rules: the credit will be claimed on a tax return to reduce the purchaser's income tax liability. If any credit amount remains unused, then the unused amount will be refunded as a check to the purchaser.
- FHA, Fannie Mae, and Freddie Mac loan limits. The bill reinstates last year's 2008 loan limits for FHA, Freddie Mac, and Fannie Mae loans. These limits were equal to the greater of 125% of the 2008 local area median home price or $271,050 for FHA and $417,000 for Fannie and Freddie, with an overall maximum cap of $729,750. For the20few areas where the 2009 limits were higher, the higher limits will apply.
- Neighborhood stabilization. The bill provides $2 billion in additional funding for the Neighborhood Stabilization Program (NSP). The NSP was created to provide grants through the Community Development Block Grant program to states and localities to address problems that can be created when whole neighborhoods are decimated by foreclosures. The funds can be used to purchase, manage, repair, and resell foreclosed and abandoned properties. In addition, the funds can also be used by states and localities to establish financing methods for the purchase and redevelopment of foreclosed properties.
- Commercial real estate. Commercial real estate is affected primarily through provisions of the bill focused on green building and energy efficiency as well as business tax incentives. HR 1 provides significant funds for state energy programs, which could be used to support commercial property owners' investment in energy-efficiency upgrades while commercial property owners seeking to invest in alternative energy systems for on-site power generation would benefit from the Department of Energy Renewable Energy Loan Guarantees Program. Of particular benefit to small businesses would be certain provisions of the bill that provide tax relief in the area of bonus depreciation and capital expenditures, as well as the five-year carryback of net operating losses for small businesses.
Read more details about the entire bill at Realtor.org. |
|
|
|
|
I hope you are all prepared for an interesting Spring in the Real Estate market because I think it will be a great time for both buyers and sellers. I know that here in Midland we are still enjoying a strong market and it is sure to pick up as the temps rise. With the Economic Stimulis Package in the works, a financial incentive will be coming for first time home buyers, hopefully before Summer hits. This incentive will be beneficial to both buyers, sellers and the Real Estate market in Midland, Texas and Odessa, Texas, as well as, across the country. So whether you are buying or selling property, expect great things for the West Texas Real Estate market in the very near future. I hope you will call me for assistance in your Real Estate buying or selling plans. I would love to help you make your dreams a reality.
God Bless You All,
Holly :-) |
|
|
|
|
Home Sweet Home Sold By Holly Whitefield Cohen
Does Moving Up Make Sense?
These questions will help you decide whether you’re ready for a home that’s larger or in a more desirable location. If you answer yes to most of the questions, it’s a sign that you may be ready to move.
1. Have you built substantial equity in your current home? Look at your annual mortgage statement or call your lender to find out. Usually, you don’t build up much equity in the first few years of your mortgage, as monthly payments are mostly interest, but if you’ve owned your home for five or more years, you may have significant, unrealized gains.
2. Has your income or financial situation improved? If you’re making more money, you may be able to afford higher mortgage payments and cover the costs of moving.
3. Have you outgrown your neighborhood? The neighborhood you pick for your first home might not be the same neighborhood you want to settle down in for good. For example, you may have realized that you’d like to be closer to your job or live in a better school district.
4. Are there reasons why you can’t remodel or add on? Sometimes you can create a bigger home by adding a new room or building up. But if your property isn’t large enough, your municipality doesn’t allow it, or you’re simply not interested in remodeling, then moving to a bigger home may be your best option.
5. Are you comfortable moving in the current housing market? If your market is hot, your home may sell quickly and for top dollar, but the home you buy also will be more expensive. If your market is slow, finding a buyer may take longer, but you’ll have more selection and better pricing as you seek your new home.
6. Are interest rates attractive? A low rate not only helps you buy a larger home, but also makes it easier to find a buyer.
From Realtor Magazine |
|
|
|
|
I have said it over and over! Now that a professional think tank has statistics to back it up, maybe you will all believe me! Midland, Texas and West Texas in general are still booming and have a very strong economy....no matter what the news or any other negative nannys say. Our economy is great here in West Texas and with mortgage interest rates at a 50 year low of 4.5%, it is only getting better! Even out of state investors are, once again, taking note of the still strong and growing real estate market and all around economy of Midland, Texas and West Texas as a whole. Please click the link below to read the entire report showing the current economic trends through out the state of Texas, highlighting Midland's, still strong and growing, economy. Happy reading and I hate to say it but I just have to...I told you so! :-)http://recenter.tamu.edu/pdf/1862.pdf
God Bless You All,
Holly :-) |
|
|
|
|
Many consumers consider selling their home directly but eventually turn to REALTORS®. Smart home sellers realize they need the expertise in pricing their home, making connections with REALTORS® working with buyers, arranging and staffing open houses, and coordinating with other professionals in the sales process.
Only about half of all real estate agents are REALTORS® -- the top half, in our not-so-humble opinion. REALTORS® work independently, for small agencies, or for large brokerages. They help people buy and sell residential or commercial properties, vacation homes, and land; they conduct appraisals; they operate in the United States and in other countries; some specialize in auctions; and others are buyer's representatives.
REALTORS® Are Experts
Eighty-five percent of sellers were assisted by a real estate agent when selling their home, according to NAR's 2007 Profile of Home Buyers and Sellers, and 79 percent of buyers purchased their home through a real estate agent or broker.
Why Use a REALTOR®?
Real estate transactions involve one of the biggest financial investments most people experience in their lifetime. Here are 12 ways a REALTOR® will make your home buying or selling experience better.
REALTORS® Are Part of the Community
REALTORS® Work to End Housing Discrimination - during April, which is Fair Housing Month, and all year long. REALTORS® are active members of their communities.
REALTORS® Protect You
Only REALTORS® follow a Code of Ethics
To be a member of NAR and a REALTOR®, a real estate agent must abide by a set of professional principles and serve clients fairly.
Learn how the Code of Ethics affects everyday real estate practices
Specialty Mortgages: What Are the Risks and Advantages?
A growing number of home buyers are deciding to use one of several new types of specialty mortgages that let them "stretch" their income so they can qualify for a larger loan. Before you decide whether a specialty mortgage is for you, read this brochure.
|
|
|
|
|
03/13/2008
|
The NATIONAL ASSOCIATION OF REALTORS® Code of Ethics:
What Does it Mean for Consumers?
How does the Code of Ethics affect everyday real estate practices?
If a REALTOR® represents you, whether you are buying or selling a home, you can count on that REALTOR® to:
1. Be honest with all parties in the transaction – not just with you, as his or her client, but also with the other real estate practitioner and his or her clients.
For example, if REALTORS® represent a buyer with a spotty credit history, they can't be dishonest with sellers about this fact. At the same time, REALTORS® can help their buyer clients collect and assemble information, such as credit reports and audited tax returns, to demonstrate that the buyer has addressed the problem and improved their situation.
2. Put your interests ahead of his or her own, at all times.
A REALTOR® makes every effort to understand the housing needs of his or her client, thoroughly researches available inventory, and shares all relevant information with the buyer so that he or she can make an informed decision. This service is provided regardless of the compensation available.
3. Disclose all pertinent facts regarding the property and the transaction to both buyer and seller.
If a REALTOR® believes information provided by a seller is questionable, the REALTOR® is obligated to investigate. REALTORS® should recommend that buyers consult their own experts, such as home inspectors, to address concerns. For example, if a home seller asks his or her REALTOR® to conceal the fact that the roof leaks, the REALTOR® cannot comply; if the seller insists, the REALTOR® should end the business relationship with that seller.
4. Be truthful in all communications with the public.
When REALTORS® distribute newsletters, create Web sites, or place advertisements, they must be careful not to represent other real estate professionals' work product as their own. If recently sold or listed properties in the community are publicized, it must be clear whether the REALTOR® was actually involved in the transaction, or whether that data came from the local multiple listing service or other source. This ensures that the public understands the REALTOR®'s experience and can make an informed decision when choosing real estate representation.
Read a summary of the principles embodied in the NATIONAL ASSOCIATION OF REALTORS®' Code of Ethics.
|
|
|
|
|
|
Home Sweet Home Sold by Holly Whitefield Cohen
8 Reasons Why You Should Work With a REALTOR®
Not all real estate practitioners are REALTORS®. The term REALTOR® is a registered trademark that identifies a real estate professional who is a member of the NATIONAL ASSOCIATION of REALTORS® and subscribes to its strict Code of Ethics. Here’s why it pays to work with a REALTOR®.
1. Navigate a complicated process. Buying or selling a home usually requires disclosure forms, inspection reports, mortgage documents, insurance policies, deeds, and multipage settlement statements. A knowledgeable expert will help you prepare the best deal, and avoid delays or costly mistakes.
2. Information and opinions. REALTORS® can provide local community information on utilities, zoning, schools, and more. They’ll also be able to provide objective information about each property. A professional will be able to help you answer these two important questions: Will the property provide the environment I want for a home or investment? Second, will the property have resale value when I am ready to sell?
3. Help finding the best property out there. Sometimes the property you are seeking is available but not actively advertised in the market, and it will take some investigation by your REALTOR® to find all available properties.
4. Negotiating skills. There are many negotiating factors, including but not limited to price, financing, terms, date of possession, and inclusion or exclusion of repairs, furnishings, or equipment. In addition, the purchase agreement should provide a period of time for you to complete appropriate inspections and investigations of the property before you are bound to complete the purchase. Your agent can advise you as to which investigations and inspections are recommended or required.
5. Property marketing power. Real estate doesn’t sell due to advertising alone. In fact, a large share of real estate sales comes as the result of a practitioner’s contacts through previous clients, referrals, friends, and family. When a property is marketed with the help of a REALTOR®, you do not have to allow strangers into your home. Your REALTOR® will generally prescreen and accompany qualified prospects through your property.
6. Someone who speaks the language. If you don’t know a CMA from a PUD, you can understand why it’s important to work with a professional who is immersed in the industry and knows the real estate language.
7. Experience. Most people buy and sell only a few homes in a lifetime, usually with quite a few years in between each purchase. Even if you have done it before, laws and regulations change. REALTORS®, on the other hand, handle hundreds of real estate transactions over the course of their career. Having an expert on your side is critical.
8. Objective voice. A home often symbolizes family, rest, and security — it’s not just four walls and a roof. Because of this, homebuying and selling can be an emotional undertaking. And for most people, a home is the biggest purchase they’ll every make. Having a concerned, but objective, third party helps you stay focused on both the emotional and financial issues most important to you.
|
|
|
|
|
Don't miss this golden opportunity to own your own home with these fantastically low interest rates...while they last! Call me today to get information about the best Mortgage Specialist in Midland, Texas and lets find your dream home now! 4.5% interest rates won't last forever so call today!
God Bless You All!
Holly :-) |
|
|
|
|
I am working on getting the photo album up as quickly as I can. I thought I had it up but apparently there is more to it. I will have to speak to the webmaster tomorrow and have him do it. I apologize to those of you who wanted to see my pictures of President Bush and Laura Bush when they returned to Texas on January 20, 2009. I will get those up as soon as I can.
God Bless You All!
Holly :-) |
|
|
|
|
Apparently people care about seeing President Bush's trip to Midland so I will post a couple of pictures here. To see these pictures just click on the link for the Photo Album. We were way back but I did get some pictures of the Bush's up on the screen.
God Bless You All!
Holly :-) |
|
|
|
|
To see our new puppy go to photo album!
:-) |
|
|
|
|
This will be very short today, but I just had to say that I finally found an apricot toy poodle puppy! I drove to New Mexico yesterday and put down a deposit on our new family member. He will come home in a week or two. He is very tiny and needs to spend a bit more time with his birth mommy before I get to be his mommy. He just turned 6 weeks old and I doubt he even weighs 1 pound....he is just very teeny and so cute! I am so excited and just had to share my joy! I will be posting pictures of him today so stay tuned!
God bless you all,
Holly :-) |
|
|
|
|
I took my kids and a few extra kids to see the return of Former President George W. & Laura Bush to Midland yesterday, January 20, 2009. The line was horrible! There were actually many lines to wait in but you had to go where your ticket color sent you...red, white or blue. These lines wrapped around all of downtown Midland and moved very slowly but the crowd was pleasant, excited and happy to be a part of history here in our small town. Lee Greenwood and the Gatlin Brothers performed and it was very moving. We all felt very patriotic standing there singing together and wishing the Former President & First Lady the best as they retire to Crawford, Texas and eventually Dallas, Texas. I had difficulty holding my children up high enough so that they could see Mr. & Mrs. Bush. That disappointed all of us very much but we were there and they could see the big screen, when I held them up, and they heard the voice of the Former President first hand. I told them someday they would tell their grandchildren that they were there in that crowd with me on that historic day and that they had to wait in horrible lines and stand in enormous crowds but they listened and watched as the 43rd President thanked the people who supported him from Midland, Texas personally before he disappeared to relax for a while after such a difficult and moving 8 years in the White House. We were a part of history on January 20, 2009!
God bless you all!
Holly :-) |
|
|
|
|
Yes, you read that correctly...mortgage interest rates are being reported at all time lows of approximately 4.5% in many cases! That has the housing market in Midland Texas starting to surge once again. I never really noticed much of a slow down other than your normal pause for the holidays but I have noticed buyers being a bit hesitant to commit to a purchase up until after the recent New Year began. I also haven't noticed any increase in prices, so far, but I have had many more pre-approved buyers interested in looking at homes. It is a great time to buy a new home or re-finance an existing home loan with these fabulous interest rates as low as 4.5%! Don't miss this opportunity to own your own home and pay the lowest interest rates in recent history...if you have been waiting to time your home purchase just right....the time is now! Please feel free to call or email me with all your housing and real estate questions or needs. I would love to show you some of the many possibilites for your new Home Sweet Home!
Give me a call at 432-638-3090
God bless you all,
Holly Cohen :-) |
|
|
|
|
Many of you may be wondering what you can do with your coming tax refunds... Well, you can't go wrong with an investment in your future like buying a home. The single largest factor in attaining personal wealth and financial freedom is buying a home. For most buyers, owning or living in that home for 8-10 years will bring double or more of your original investment upon resale of that property. Then you take your proceeds from that sale and invest in your next property and so on and so on... this is a great way to make money on an investment with very little risk and a very high return on that investment. Real Estate is a great investment that stands the test of time so invest in your future and your own personal wealth today! Call Holly Cohen at (432)638-3090 I would love to assist you in finding the home of your dreams and get you started on the best investment of your life!
God Bless You All in 2009!
Holly :-) |
|
|
|
|
WHEN MOVING, PACK YOUR SUITCASE FOR A WEEK OR TWO FIRST
(1) WHENEVER I MOVE, THE FIRST THING I DO IS PACK MY SUITCASE AS IF I WERE GOING ON A TRIP FOR A WEEK OR TWO (MAYBE A CAMP OUT) AND I DO THE SAME FOR MY FAMILY. I PACK ALL THE TOOTH BRUSHES, BATH SOAP & SUPPLIES, MAKE UP, HAIR BRUSHES, HAIR PRODUCTS, PRESCRIPTIONS, CLOTHES, SHOES, SOCKS, AND ANYTHING ELSE I OR MY FAMILY MIGHT NEED FOR A WEEK OR TWO OUT OF THE HOUSE.
(2) I ALSO PACK EVERYTHING MY PETS WOULD NEED IF I WERE TAKING THEM TO THE PET MOTEL WHILE THE FAMILY AND I WENT ON VACATION FOR A COUPLE OF WEEKS.
(3) THEN I GET THE BREAKFAST FOODS, BREAD, MILK, EGGS, LUNCH MEAT, MAYO AND MUSTARD, SOFT DRINKS, SNACK FOODS FOR THE KIDS, PAPER PLATES, PAPER CUPS, PLASTIC WARE, TRASH BAGS, PAPER TOWELS AND TOILET PAPER. I GET THE LARGEST ICE CHEST WE HAVE AND LOAD IT WITH ICE.
(4) I PACK UP ALL THE SHEETS, WASHCLOTHS AND TOWELS. I MAKE SURE I PACK UP THE LAUNDRY SOAP AND ALL THE CLEANING SUPPLIES AND I MARK THE BOXES "MOVE FIRST".
(5) AFTER I HAVE MOVED (AND UNPACKED AT THE NEW HOUSE IF POSSIBLE) THE ABOVE ITEMS, I START ON ITEMS IN ROOMS I USE THE MOST. WHILE MOVING THE MOST DELICATE AND FRAGILE ITEMS, LIKE PAINTINGS, PLANTS, CHINA AND CRYSTAL CAREFULLY IN MY CAR IF I CAN.
(6) I PACK BY CABINET OR CLOSET, THEN ROOM, THEN DRESSER...YOU GET THE IDEA. THEN I LEAVE THE HEAVY LIFTING TO MY HUSBAND AND OR THE MOVERS. |
|
|
|
|
HOME SWEET HOME SOLD BY HOLLY WHITEFIELD COHEN
5 Common First-Time Home Buyer Mistakes
1. They don’t ask enough questions of their lender and end up missing out on the best deal.
2. They don’t act quickly enough to make a decision and someone else buys the house.
3. They don’t find the right agent who’s willing to help them through the homebuying process.
4. They don’t do enough to make their offer look appealing to a seller.
5. They don’t think about resale before they buy. The average first-time buyer only stays in a home for four years.
Source: Real Estate Checklists and Systems, www.realestatechecklists.com.
|
|
|
|
|
Please feel free to ask me anything about Real Estate in Texas and particularly in Midland, Texas. I will be happy to discuss the area's market trends or anything else Real Estate related with anyone who wants to know. I look forward to helping you all with all of your Real Estate questions.
God Bless You All!
Holly :-) |
|
|
|
|
I just have to get this written down because it was so cute. Christmas Eve night my kids and I were laying outside on the trampoline watching for Santa's Sleigh. We were trying to decide which direction his sleigh would be coming from based on time zones. Finally we agreed that he would come from the East since they finish the day before we do. It wasn't long after that when we saw a huge shooting star that was shooting towards the North East. About that time & in that same area we saw Rudolph's nose and there was Santa's Sleigh heading right for Midland, Texas! If you saw the same show in the sky on Christmas Eve night 2008, please post here and let's compare notes on this amazing event.
I hope you all had a very Merry Christmas and have a blessed New Year!
God Bless you all!
Holly :-) |
|
|
|
|
If anyone knows of someone in West Texas who breeds small cream or apricot colored toy poodles, please post a message here on my message board. We had a little 4 month old puppy who died in October from Parvo and we were all just devestated. We have now sprayed our yard with clorox & water and our house with the disinfectants that vets use in their parvo rooms 3 times and we believe that we can safely have another puppy now. So if you know of anyone who is a toy poodle breeder in West Texas, please post info here so that I may contact them. Your postings are not posted to the internet until my webmaster and I read them. If I approve them, I post them...so if you don't want any information disclosed over the internet just say that when you post a message for me and I won't disclose any information that you want kept private. Thank you all for reading and thank you in advance for your help in finding a new puppy.
God Bless you all!
Holly :-) |
|
|
|
|
Please always work with a licensed Realtor in all Real Estate transactions and NEVER...NEVER pay more than appraised value for property!
What is Appraised Value?
· Appraisals provide an objective opinion of value, but it’s not an exact science so appraisals may differ.
· For buying and selling purposes, appraisals are usually based on market value — what the property could probably be sold for. Other types of value include insurance value, replacement value, and assessed value for property tax purposes.
· Appraised value is not a constant number. Changes in market conditions can dramatically alter appraised value.
· Appraised value doesn’t take into account special considerations, like the need to sell rapidly.
· Lenders usually use either the appraised value or the sale price, whichever is less, to determine the amount of the mortgage they will offer.
Used with permission from Kim Daugherty, Real Estate Checklists and Systems, www.realestatechecklists.com
|
|
|
|
|
HOME SWEET HOME SOLD BY HOLLY WHITEFIELD COHEN
5 Things to do Before Putting Your Home on the Market
1. Have a pre-sale home inspection. Be proactive by arranging for a pre-sale home inspection. An inspector will be able to give you a good indication of the trouble areas that will stand out to potential buyers, and you’ll be able to make repairs before open houses begin.
2. Organize and clean. Pare down clutter and pack up your least-used items, such as large blenders and other kitchen tools, out-of-season clothes, toys, and exercise equipment. Store items off-site or in boxes neatly arranged in the garage or basement. Clean the windows, carpets, walls, lighting fixtures, and baseboards to make the house shine.
3. Get replacement estimates. Do you have big-ticket items that are worn our or will need to be replaced soon, such your roof or carpeting? Get estimates on how much it would cost to replace them, even if you don’t plan to do it yourself. The figures will help buyers determine if they can afford the home, and will be handy when negotiations begin.
4. Find your warranties. Gather up the warranties, guarantees, and user manuals for the furnace, washer and dryer, dishwasher, and any other items that will remain with the house.
5. Spruce up the curb appeal. Pretend you’re a buyer and stand outside of your home. As you approach the front door, what is your impression of the property? Do the lawn and bushes look neatly manicured? Is the address clearly visible? Are pretty flowers or plants framing the entrance? Is the walkway free from cracks and impediments?
|
|
|
|
|
Well, finally the election is over!!! I couldn't be happier to see the end of that constant media coverage. I am happy to say that I was right about what would happen after the election.... Many of my clients were very concerned about the impact the outcome of the election would have on West Texas Real Estate and our economy. I just didn't believe that after the election much would change and as I said, I was right. Our economy is still strong here in the Permian Basin and the market is steady with a bit more get up and go than before the election. What I mean by that is, things have actually picked up in the last few days and I believe that this will continue to be the norm here for some time to come. I believe that most West Texans who lived here before the bust in the '80's learned how to weather any storm and to manage their prosperity much more effectively. So to all you worry warts, relax! Keep doing what you have been doing...stoking the economy! Midland and Odessa Texas will keep on bucking the national trend of financial difficulty and enjoy the prosperity of West Texas. The stock market will recover! It just has to get knocked around a bit and shake things up to get everything flowing smoothly again. Real Estate, just as it has always been, is still the safest and best investment you can make with your money and your time. So take my advice, don't wait another second to invest in the fantastic West Texas Real Estate market. In this intoxicating melody called life, I hope you take that step and DANCE! You won't regret it... Life is what you make it, so make it wonderful each and every day. I wish you all laughter, love and prosperity. God Bless You All!
Holly Whitefield Cohen:-) |
|
|
|
|
|
