Living rent-free vs. foreclosure?
By Alana Semuels
RISMEDIA, March 27, 2010—(MCT)—It’s been 16 months since Eugene and Patricia Harrison last paid the mortgage on their Perris, Calif., home. Eleven months since the notice got slapped on their front door, warning that it would be sold at auction.
A terse letter from a lawyer came eight months ago, telling them that their lender now owned the house. Three months later, the bank told them to pay up or get out by the end of the week.
Still, they remain in the yellow ranch-style home they bought seven years ago for $128,000, with its views of the San Jacinto Mountains. They’re not planning on going anywhere.
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Buying a foreclosed house at a sheriff’s sale or county auction can be a great way to find a bargain on real estate, but it can also be a great way to lose a lot of money in a hurry.
The foreclosure landscape is littered with buyers who didn’t do their homework, and as a result either didn’t get a great deal or worse, lost their life savings.
It doesn’t have to be that way. Watch the following news story by Stacy Johnson…LINK: Why NOT to buy a foreclosure at auction
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Beautiful model home from Pulte in Mansfield
Family Room
Ridge Trace, a subdivision built by Pulte Homes, attends Mansfield ISD, starting with Brown Elementary. The model home is now available for an amazing price. Few homes of this size (4/3 with over 3000 sf) served by Brown Elementary School in Mansfield ISD are selling for under $100/sf. The average, in fact, is $101 (sold properties in the last six months). 
Kitchen 1815 Rim Rock
You can take advantage of this opportunity, a relocating family, and live in the former model Pulte home for an amazingly low price for the area and upgrades. The yard has plenty of room for family, friends and pets to run and play, even if you were to add a large pool.
The landscaping is lush, and the shaded front patio and balcony sitting areas are relaxing. The home is neutrally colored and the chef’s kitchen has an upgraded appliance package including a gas range and stainless steel. The summer electric bills will be eased by the added ceiling fans in every bedroom and family area, even the office! Further reduction in A/C bills was added when the solar screens were installed by the current owners.
Back Yard 1815 Rim Rock Trail
Breakfast Nook overlooking back yard and patio
There is upgraded, decorator tile in all full baths, and even the designer backplash in the kitchen. Plenty of storage with several floored access attic areas will give you lots of spots to tuck away holiday decorations.
5411 Victor in Dallas
Now available for lease: nearly 1300 sf in Dallas Historic District.
5411 Victor in Dallas Dining Room
This Craftsman-style home has granite tile countertops in the kitchen, updated appliances, jetted bathtub, new tile, and extensive wood flooring.
5411 Victor in Dallas Kitchen
Original French doors seperate dining and living areas. Dining area has bay window with storage under seat bench.
5411 Victor in Dallas Master Bath
Relax on the shaded front patio, or on the wood deck in the back yard. Oversized utility room with full-size washer and dryer connections.
5411 Victor in Dallas Living Room
This property is listing for $1200/month with additional security deposit, pet deposit, and application fees. Inquiries, call 469-236-9899.
5411 Victor in Dallas bath
Tumbled slate counters with vessel sink
Relax after a hectic day of working and living in the heart of North Dallas, near the Galleria, Addison, Dallas North Tollway, shopping and night life. This spa-like master bath will welcome you home in this gated condominium complex on Spring Valley (east of the Tollway).
This well-maintained unit has been privately owned since the Casablanca Condominiums were built. The original owner purchased the unit for his grandmother to live in, and sold the unit to the current owners in 2002. The master bath is a serene spot, with warm colors and refinished cabinetry, tumbled slate countertops and full slate flooring and shower surround. The rustic water fixtures pour into a vessel sink.
Provided for your entertainment are the community pool and arbor, and the poolside grill. This is an amazing value for the location and upgrades. This would be a wonderful investment opportunity for a rental property, or a great home for a student or professional.
Only 525 square feet to heat and cool, with economically used space for a convenient layout. Full size washer-dryer connections are tucked away in an accordion-closet. The bedroom has a large walk-in closet. Appliances have been replaced (microwave, range/oven) since the new owners took possession.
Sparkling kitchen
Casablanca Community Pool
Master Retreat
Custom slate tile flooring and shower surround
Living Area
2809 Hampton Court Richardson, TX 75082
I can’t imagine a better combination! This one is priced to sell, too: under $250K. It has a very “Pottery Barn” feel – very bright, open, and clean with lots of built ins and storage. Take a look! 2800 Hampton Court, Richardson, TX. From Murphy Road, go west on McKinley, and right onto Hampton Court.
The spacious home flows well with 4 beds + study + 3 living areas. Soft colors, slate-surround fireplace, built-ins, and ample storage add warmth and convenience to this home. The arbored patio with shady back yard is a wonderful place to relax. Community pool, & quick access to 190, Breckinridge Park, Firewheel Mall, Golfing, AMC Theatres, & more!
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2809 Hampton Court Richardson, TX 75082
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SuperBowl sponsorship, and Sting tickets. He will be performing at the Winspear Opera House, which only has 2300 seats. I can’t even imagine. That will be quite an experience.
Sting Performing at the 2300-seat Winspear Opera House
Super Bowl XLV Host Committee’s Kickoff Concert Series continues on May 22. This time, Dallas’ new Winspear Opera House will have the red lights on for 16 time Grammy Award winning rock icon, Sting.
Think about this – this is an opportunity to see a living legend perform in the incredibly beautiful and intimate Winspear Opera House (there are only 2,300 available seats). Talk about the hottest ticket in town!
How do you get in? Don’t worry, we can help.
To celebrate our 65th Anniversary Year, Ebby Halliday is proud to be an official North Texas Super Bowl XLV Host Committee Sponsor. And to make it a super year for you, too, we will be giving away five sets of tickets to the concert, plus admission to the exclusive VIP Pre- and Post-Concert Receptions. Coming soon, you’ll be able to register up to once per day at ebby.com to win your tickets.
Beautiful model home from Pulte in Mansfield
Pulte Upgraded Model Home! Beautifully maintained in established subdivision. You will be charmed from the moment you drive up to the lush, colorful landscaping, & walk along an aggregate and brick path to a breezy, shaded patio. Rich,warm,designer colors,open floor plan is inviting. Chef’s kitchen has corian counters, upgraded SS appliances, gas cooktop, and extra large cabinetry. Solar screens on west windows slashed electric. For more information or to schedule a showing, call me at 469-236-9899.
