Home Financing made EZ!!

$205,000*
Priced below appraisal!

This is not a gimmick! We'll pay you $5-,000 to buy our house! See below for the details.

1503 Woodcreek
Richardson, Tx 75082

(469) 371-0226
(469) 371-0227

$4,000

*How did we arrive at this price? The Realtors wanted to put the house on the market at $235,000 (they like to overprice homes and build in a offer/counter offer to make the process appear to be more complicated than it really is so that you think you have to have an agent to buy or sell a home) but we felt that was too much so we had a full mortgage appraisal done by a State Certified & Licensed Appraiser who valued the house at $225,000 so you know the house is priced properly. Ask to see a copy of the appraisal, we have no problem showing it to you.

3 or 4 Bedrooms, 2 baths, Formal Dining, Gameroom, WBFP, Storage Building, 2 Car Garage w/GDO & Pool
2372 square feet per the appraisal

We will be offering this house as a For Sale By Owner for a short time only.

During this period we will pay $5,000 of your closing costs and offer the house at well below appraised value. Once the house is listed with an Agent the price will go up to the Appraised value of $225,000 and we won't pay any closing costs.

So act now and save the Agents 6%!

You'll know this house has been tenderly cared for as you begin your walk up the walkway & see the fresh paint, new roof, and diverse & well tended lawn & flower beds.

From the tiled front porch to the lovely balcony upstairs I don't believe you'll find a thing that needs work. That means you won't have to spend a boatload of money fixing up the house, instead you'll have money to spend on the move or decorating so that the house is just perfect for you.

As you approach the home you'll discover the largest trees in the neighborhood complete with a nostalgic rope swing for the young or the young at heart.

Step inside and you'll discover a Great Floor Plan with the Family area, dining room, wet bar, living area and kitchen revolving around a freestanding, see thru, brick fireplace w/gas logs. The whole central portion of the house is a HUGE open Family area with soaring ceilings open all the way from the front to the rear.

If you like open floor plans you'll love this house as it feels so big and roomy!!

This is an exceptional find with great drive up. You'll be entranced from the second you enter the front door and feel the large open expanse and you'll be moving yourself in before you reach the new Master bath or enter the large relaxing backyard and pool/patio.

You'll absolutely love the dramatic 22' X 20' Gameroom/4th bedroom retreat with it's vaulted ceiling and dramatic balcony overlooking the pool and fully landscaped back yard!!

Speaking of large rooms, the large MBR with it's 20' vaulted ceiling and brand new bath complete with jetted tub make a great adult retreat.

It'll be just like a Vacation in the backyard everytime you sit under the covered patio and the lighted ceiling fan gently tousles your hair.

Many a meal & rousing game of Gin Rummy, UNO, Scrabble, etc. have been played out here while the kids cavorted in the pool and backyard. Yes, the lot is large enough for a pool AND a yard! An added plus is that the backyard is fully lighted with 7 lights around the perimeter (9 if you count the 2 porch lights) which allows you to extend your fun time. Extensive use of brick and stone for patio, walkways and walls makes this backyard special.

The neighborhood is quite special too so be sure to read the Excellent Area section below for more details about the, neighbors, neighborhood amenities and the immediate area.

We'll pay you $5,000 to buy our house!

I thought that would get your attention: Because we don't have to pay a commission we'll give you $5,000. You can use it to reduce the price,pay an agent OR, because we own a mortgage company (FINANCIER$ Mortgage), you can legally use that money to reduce your out of pocket costs or lower your interest rate. You'll never find another deal like this!!

This means you can have TOTAL move in costs of $200 to about $9,500!
Even less if you choose the 103% or 107% option!

The $9,500 figure includes 3% downpayment, all your closing costs, plus buying your first year's insurance and setting up your new escrow account.

The house is darling but the setting really makes it. It is a really great place to raise a family or to have guests.

The house has been superbly maintainted and no expense has ever been spared. We have maintained, refurbished &/or updated & upgraded just about every facet of the house!! For example (& this is by no means an all inclusive list):

1) Both baths and the kitchen have been completely redone. This last year we completely ripped out the master bath and remodelled it including a jetted tub, ceramic counters, an above the counter vessel sink, extra storage and extensive use of real marble for the floor shower and wainscoting.

2) There is almost 1000 square feet of ceramic & stone tile in the Den areas and Pergo laminate flooring in the Kitchen for a dramatic look, easy care & it makes it better for the kids to play.

3) We added a large Balcony & Covered Patio complete with lighting & ceiling fan to complete the pool & yard area to enhance the outdoor experience.

4) We recently painted the exterior of the house and installed a new roof.

5) We replaced all fogged double paned windows any anything else that wasn't up to par.

Unfortunately we don't have room here to even begin to scratch the surface of all the amenities in this home. There are myriads of "little" features like ceiling fans in every room, at least one walk in closet in every bedroom, a new dishwasher, plantation shutters, twin gas outlets for the BBQ grill, etc., etc.

Storage is not a problem since all 3 bedrooms have walk-in closets plus there 4 regular sized closets in other parts of the house, a storage closet underneath the stairs, a large window seat, storage areas built into the garage, floored attic storage and a storage building at the side of the house.

But best of all you know the house is not overpriced as we had a full mortgage appraisal done. We didn't just base pricing upon the Tax Assessment or accept a Realtor's inflated listing price, before we ever put the house on the market we had a real appraisal done. We've taken the guesswork & uncertainty out of buying!

There is color at all times of the year- Daffodils in the spring, several varieties of Roses, Geraniums, Hostas, Lantanas, Camellias, Indian Hawthorne, Hydrangeas & more. We even have the "Sage in Bloom ..." (I told you that you were in Texas). A special treat are the Azaleas (see picture below).


We have "repeating bloom " azaleas in both the front and back yards. These are flowers that have been engineered for low maintenance and to bloom 2 to 3 times a year. Ours have bloomed 4 times this year.	Climbing the trellis on the back patio are David Austin Fragrant English roses that look beautiful, help keep the patio cool, and fill the air with fragrance all summer long.

For years visitors have told us the house just feels like HOME - comfy and cozy but never cramped or small. We've had upwards of 60 people in the house for parties. It has been High School Central for years.

TO VIEW THIS HOUSE CONTACT THE OWNER AT THE NUMBER BELOW

Since there is no Agent's commission involved, we'll will pay a major portion of your closing costs!

To view pictures of this house click on the links below:

Financing Info
Closing Info

locator map

Floor Plan

Download a graphic
WARNING, .5 meg download. This is slow on a dial up connection.

HOME SPECS:

New Roof Nov '04.
Insulated decking, to keep energy bills down was added when we replaced the previous roof.
New Paint Inside & out '04
Replaced all fogged dual pane windows '04
New Balcony & covered patio complete with lights and ceiling fan '04
Completely new Master Bath with faux finish walls, wallpaper, new jetted tub, designer commode, ceramic counter tops, vessel sink and marble floors & wainscoting '04
New Maytag Dishwasher '02
New high efficiency Heat/AC '00
6 ceiling fans
Electronic thermostat
Redecorated kitchen '01
Laminate floors in kitchen '01
Extensive tile work in family area and hallway '01
Mature trees both front & rear
Rope swing for the kids
3 Roof Windows that open!
2 skylights
Backyard is totally lighted
Brick walkway and patio in backyard
Sandstone decking and walls around pool
Long driveway that will park 4 cars

SCHOOLS:

Richardson ISD

Yale
Apollo
Berkner

SHOPPING:

Richardson Square Mall
Collin Creek Mall
Valley View Mall
Outlet Mall in Allen
2-Home Depots
Lowes
3-Sam's Club
3-WalMarts
2-Super Targets
Central Market
Tom Thumb
Minyards
Albertsons

EXCELLENT AREA

Not only is this a very friendly neighborhood located in the heart of the Telecom Corridor and just blocks from the large new Countrywide Headquarters, but it is also very convenient to shopping and everything else you need. We only very infrequently need to go outside the immediate area to meet any of our needs. Within a 10 minute radius there are 2 major malls, 3 Regional Hospitals, 5 grocery stores, 3 Sam's Clubs a Costco, 3 WalMarts, 2 Super Targets, 2 Home Depots, a Lowes, 4 Movie Theatres, the Eisemann Center, hundreds of restaurants, Sherrill Park & Firewheel Golf courses, and right by the house is Lookout Park with soccer fields, 2 large playgrounds and miles of trails.

No matter your needs or age you should fit in here as we are blessed with quite a variety of homeowners in the area. It is quite a desirable neighborhood so we have everything from newlyweds to retirees living here. Because of this blend there are kids of all ages without it being overly noisy. You'll find friendly people taking their kids & dogs for walks or riding bikes in the afternoon, waving and speaking to everyone. It's not quite Norman Rockwallish (what is anymore?) but it is quite cozy and friendly.

We eat out a lot and never lack for variety! One of our favorite restaurants is Napoli's just north of 635 on Centerville road. You have to try their Chicken Napoli, it is like nothing else you will find at any other restaurant. Closer to home there's Olive Garden, Chipotle, a myriad of pizza places, Furrs & Lubys, Rockfish, Chili's, Purdy's, Babe's, Luna De Noche, Pappadeaux, Pappasitos, etc., etc. Red Robin is great for burgers.

If Barbecue is your forte you have quite a variety with Spring Creek, Dickies & Sonny Bryan's all within 10 minutes. For that special time the Prime Bird in the Richardson Hotel has an excellent buffet on Sundays and Holidays. The Prime Bird is so good we've gotten so that we don't bother to cook for Thanksgiving.

My wife and I rarely miss a Tuesday at the local Cinemark as all day Tuesday the movies are 50¢ and Hot Dogs are $1. It's a cheap date.

The Eisemann Center is almost walking distance so you have great access to Broadway plays, Comedy shows, concerts, the Wildflower Festival and much more. The city of Richardson also holds the Huffhines & Cottonwood Art Festivals close by.

If you work downtown there is a Dart rail center at the Eisemann. We use the DART rail to make quick excursions to West End. It's fast, easy & cheap!

Qualifying & Financial Information

How much is the minimum DOWN PAYMENT for this home?

$0 to $5,700

What are some of the MORTGAGE OPTIONS for this home?

	ARM	ARM	2 STEP	15yr FIXED	30yr FIXED
Interest Rate	1.95%	3.625%	5.25%	5.25%	5.5%
P&I Payments	$663	$823	$997	$1,451	$1,068

Although these rates are indicative of the market in general at this time, they are not meant to represent the most current rates. Rates change daily (sometimes 2-3 times a day). and this page is NOT updated daily. Click on the LENDER PARTNER at the right to learn more & get current rates & options.

Your total house payment would be higher than listed above as normally payments also include taxes and insurance.

TOP

CAN I AFFORD THIS HOME?

The chart below represents the approximate gross monthly income needed to qualify for a 95% loan on this house. (97% & 100% loans are available on many properties) (Loans above $350,000-$400,000 usually require at least10% down) Contact our LENDER PARTNER for options tailored to fit your situation.

To find the approximate income needed, look down the right side of the chart to find the figure that most closely corresponds to your monthly bills then follow that line across to the desired loan type.

As you can see debts have a major impact upon the income needed to qualify for a home.

APPROX. MONTHLY INCOME NEEDED TO QUALIFY	ARM	ARM	2 STEP	15yr FIXED	30yr FIXED	MONTHLY BILLS*
	$3,757	$5,343	$5,719	$6,951	$5,869	$712
	$4,382	$5,868	$6,344	$7,576	$6,494	$950
	$5,632	$7,118	$7,594	$8,826	$7,744	$1,425
	$6,882	$8,368	$8,844	$10,076	$8,994	$1,900

This chart is based totally on "the ratios" which are less than half of the qualifying criteria. Positive stability factors could reduce the income required while negative factors might increase it.

*WHAT CONSTITUTES A MONTHLY BILL TO A MORTGAGE COMPANY?
Installment (fixed payment) loans such as a car or student loans plus revolving charges such as MC & VISA. We do not have to count utility bills, insurance, child care & gas cards (unless they' re on the credit report). Credit cards paid off monthly may still have to be counted.

UNFORTUNATELY QUALIFYING FOR A HOME LOAN ISN'T AS EASY AS READING A CHART!
Our LENDER PARTNER will be happy to do a more comprehensive evaluation of your personal situation that will tell you what you CAN do, CAN'T do & NEED to do to enhance your chances of loan approval and getting the lowest rate.

TOP

Closing Information

Legal Address	Lot 22, Block C, Woodcreek
How much are the Taxes a year for this home?	$4,612

Reunion Title has already obtained a CLEAR Title Search on this property.

TOP

* We know how hard it is to save up the money to buy a new home so since we don’t have to pay an Agent’s commission we have agreed to pay $4,000 of your closing costs if you use FINANCIER$ Mortgage for your home loan.

Why do we recommend FINANCIER$? We trust them! They have great rates and, unlike so many companies, they can do those not so simple loans also. But mostly it is because they have agreed to help both you and I understand the sale, loan and closing process so neither of us make costly misteaks! They have certainly made us feel very comfortable with this whole process.

Great rates and programs and we will help you with:

All Paperwork &
Help write the Contract

Plus we will help coordinate the:

Title Company
Appraiser
Surveyor
Attorneys
Closing docs
and anything else needed for a smooth and uneventful closing.

For more information click on the logo above to visit our website or call us.

For More Information you may either use the form below to email the owner OR to see this home contact:

David Bennett @ (469) 371-0226
or
Debbie Bennett @ (469) 371-0227

Tell them you saw it on the FSBO Registry!!