Fully updated Ridglea Hills home!

3916 Clayton Road W, Fort Worth, Texas 76116

Located in the desirable Ridglea Hills neighborhood  of Fort Worth with attendance to Ridglea Hills Elementary, this gorgeous home has every feature you’re looking for.  The current owners updated and modernized the home so that it functions beautifully for today’s lifestyle. The kitchen is completely open to the family room with the computer niche located conveniently in this heart of the home next to the stacked stone fireplace. The playroom and an oversized laundry room are nearby immediately off the kitchen.  The playroom has custom, built-in backpack locker cabinets for organization, and the entire home has high end custom cabinetry. All the bedrooms are generous sizes, and the fourth bedroom upstairs is oversized and offers additional storage in the walk-in closet and floored attic. The room can serve as a bedroom and still have space for an office or a craft room. The updates continue outside where a custom pergola has been added with a wall-mounted tv and grill and fridge area. The large backyard is beautifully landscaped and offers lots of space to play. The oversized garage is a workman’s dream with built-in cabinets for tool storage.   A Mosquito Nix system lets you enjoy the entire backyard bug-free.

Please contact Zareen for a list of updates or to schedule a showing.

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Meet Julie Dailey!

Z Real Estate is pleased to announce the newest member of the team, Julie Dailey!

With 16 years of experience, Julie Dailey is ready to serve your real estate needs. Julie is a lifelong resident of the DFW area and began her career with Ebby Halliday Realtors in 1997. During her time with Ebby Halliday, she was consistently a top producer in residential Real Estate which earned her the honor of being in Ebby’s Diamond Circle, an honor reserved for high performers.

For the last several years, Julie has specialized in REO working in Asset Management as a representative of Freddie Mac.  During this time, she managed a large network of brokers in many states but her portfolio over the last few years focused on the Atlanta Metro area. As an Asset Manager she managed portfolios of over 200 homes monthly closing as high as 2,000 transactions in one year.

In addition to her real estate background, Julie has extensive knowledge in the area of lending having successfully passed the National Mortgage Licensing exam as well as exams in 14 states. Her education background consists of upper level studies in mediation and arbitration. While completing her Master’s degree in Alternative Dispute Resolution, Julie studied extensive courses in the areas of negotiation and dispute resolution. Julie is a graduate of The University of Texas at Dallas and completed her graduate work at Southern Methodist University.

Julie is also an accomplished artist whose work can be viewed at jul313.com.  She lives in Dallas.

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Charming Bordeaux Village Condominum — $149,900

This charming, updated Bordeaux Village Condominium has a private
patio and extra storage!  This well maintained two bedroom, one and a
half bathroom unit is one of the larger units available.  It has an
open floor plan with hardwoods, tile and an oversized master bedroom.
The upstairs bathroom has been remodeled with extended cabinetry, new
sink, toilet and cabinet doors.The following appliances were also
added and will remain with the property: refrigerator, dishwasher,
disposal and washer/dryer. This home is move-in ready and has easy
access to Love Field.  For a virtual tour of the home, please click here.

For a showing or to inquire about this home, please contact Margaret O’Brien.

 

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Calling All Animal Lovers!!!

Z Real Estate broker Zareen Khan and her precious puppy dog Butters are currently participating in a Realtor Pet Lookalike Contest on Facebook.  The contest is sponsored by EchoPoint Mortgage Company, who will be making a $1,000  to Metroplex Animal Coalition in honor of the winner.  Details about the contest are described here by DFW Animal Rescue, a well known blogger among the local Animal Rescue world.

If you’re interested in voting for Z and Butters, please click here. Voting ends on February 14, 2012.  THANK YOU!

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The W: Home Sweet Home for Khloe Kardashian and Lamar Odom

Our newest favorite local celebrities found a place to call home at the end of December. After much speculation about where they would end up, Khloe Kardashian and Lamar Odom ended up renting a gorgeous two bedroom luxury condo in the North Tower of the W Dallas Victory Hotel & Residences, EOnline and the Dallas Business Journal report, at a price of $7,500/month.  The condo has a huge balcony and a prime view of the downtown Dallas skyline…. and it’s steps away from the American Airlines Center where Number Seven is hooping it up with the Dallas Mavericks as Khloe watches devotedly.

Welcome to Dallas, Kardashian/Odom family!

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Dallas: One of Realtor.com’s Top Ten Searched Cities

The Real Estate Center at Texas A&M University in its most recent RECON circulation shared some great news about Dallas from the National Association of Realtors regarding searches on its Realtor.com website:

BIG D: SEARCH ME

WASHINGTON, D.C. (National Association of Realtors) – Which cities are homebuyers targeting the most in their online searches? Dallas, for one.

Realtor.com recently released its September search rankings of 146 metros, and Big D was the only Texas city to rank among the 12 most-searched markets last month.

Here are the top 12 along with the median home price for each city:

  1. Chicago, $199,000
  2. Detroit, $89,000
  3. Los Angeles-Long Beach, Calif., $335,000
  4. Philadelphia, $234,900
  5. Atlanta, $159,900
  6. Tampa-St. Petersburg-Clearwater, Fla., $140,000
  7. Phoenix-Mesa, Ariz., $150,000
  8. Las Vegas, $120,000
  9. Dallas, $191,025
  10. Boston-Worcester-Lawrence-Lowell-Brockton, Mass., $330,000
  11. Riverside-San Bernadino, Calif., $195,000
  12. Orlando, $159,500″

Who wouldn’t want to live in Texas and in Dallas in particular?  Great bang for your buck, high quality of life with a low cost of living, no state income tax….  We’re lucky people, y’all.

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OPEN HOUSE at this TCU Charmer: 3635 Westcliff Road South… this Sunday, September 25, from 1 – 3pm

3635 Westcliff Road South, Fort Worth, Texas 76109: 3/2/2, 1423 square feet.  Adorable traditional brick home near TCU. Open floorplan with updated kitchen opening onto large living room.  Kitchen has granite countertops, travertine floors and stainless appliances.  Fireplace in the living room is custom stacked stone. Master bedroom has its own full bathroom, and the main bathroom is updated and has a sunken tub.  Hardwoods are in all living areas and under the carpets. The bedrooms in this home are large, and the study that features handsome wood paneling could be used as a third bedroom. Large backyard has a flagstone paved patio with a sink, fireplace, tile countertop and cedar gazebo. With large beautiful trees and lighted landscaping, the backyard is a perfect oasis for entertaining. The oversized two car garage will fit a boat and allow room for a workspace.

Please come visit this home at 3635 Westcliff Road South  near TCU in Fort Worth this Sunday, September 25, 2011.

 

 

 

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Time to Buy Rental Properties

The Wall Street Journal recently ran an article outlining typical mistakes that first time rental housing investors make: Six Mistakes Housing Investors Make.  The points made in the article are fairly common sense but definitely worth noting, and they should be helpful to a first time investor or even just to someone toying with the idea of buying their first rental property.

Many people that are doing well financially these days are looking for sound places to invest and are noticing that now may be the right time to invest in some rental properties as rents are on the rise, and renting (versus buying) is becoming more popular.  With interest rates near historical lows, an investor who puts 25% down can get rates in the    mid-3% range on a 15 year note, which is pretty darn cheap money. (I’m not a lender so don’t quote me on these numbers, but they are good rough estimates. I know some really great lenders I can point you to if you want to talk specifics and how you may be able to finance a rental property). There are properties out there you can buy right now where you can cash flow with your rent even after your PITI payment (Principal on your note, Interest in your note, property Taxes, and property Insurance).

Although we are experiencing low interest rates right now, they will trend upward in the future.  Historically, as interest rates rise, property values increase. This means that we appear to be at a point in time where you can borrow money cheap now, buy an investment property that cash-flows (or breaks even) for you short term and should appreciate in value as well long term.

If you are interested in buying investment property or just thinking about it and want to learn more, please feel free to send an email to Z Real Estate (info @ z-realestate.com) to discuss investment opportunities and to request to be added to our Investment Opportunity email list.

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It’s (almost) the Most Wonderful Time of the Year!

So this post is not real estate related at all, but it does pertain to one of my favorite things about living in Dallas…. the great State Fair of Texas that happens every October. The State Fair has countless attractions including my favorites: the car show, bird show, dog show, photo contest, butter sculpture, prize-winning animals and livestock exhibitions (the ginormous pig is a can’t miss), the kid rodeo (cutest thing ever)…. like I said, countless.

And last, but most definitely not least, in terms of Fair attractions for yours truly, I obviously will mention the food at the Fair. There are old classics like Fletchers corny dogs (go for the spicy, cheesy one) and previous contest winners like fried coke and fried butter. Each year, there are also new food options and 2011 contest winners were announced yesterday. Fried Bubblegum, Fried Salsa, Kraut Balls, Walking Taco… this year’s list of winners is at least a must-read, if not a must-taste.

The State Fair opens this year on Friday, September 30, and runs through October 23. For hours, ticket info and additional information, please click here.

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New Homestead Law Now in Effect

The Real Estate Center at Texas A&M University in its most recent RECON circulation notes that Texas has a new law in effect as of yesterday that changes the proof required to prove residency:

http://recenter.tamu.edu/recon/

NEW HOMESTEAD LAW NOW IN EFFECT

AUSTIN (Lubbock Avalanche-Journal, KXAN.com) – A state law that took effect yesterday has changed proof of residency requirements for homeowners applying for the property tax homestead exemption.

The new law requires applicants to provide a copy of their Texas driver’s license or state ID card and vehicle registration receipt. The documents must show the same address as the property for which the exemption is requested.

Applicants who do not own a vehicle must provide a copy of a utility bill with the correct address. They must also provide an affidavit stating he or she does not own a vehicle.

The new requirements also apply to applications for the over-65, disability, disabled veterans, homeowner’s surviving spouse and manufactured (mobile) home exemptions. They do not apply to homeowners who already have homestead exemptions.”

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