The History Of President’s Day
Happy Valentine’s Day
May Divorcing Spouses Use A Lender’s Appraisal For Settlement Purposes?
The answer to that question is no. Per the Uniform Standards of Professional Appraisal Practice (USPAP), an appraisal is ordered for an “intended user” with an “intended use”. For example, when you buy a home and obtain a mortgage, the lender is the intended user and mortgaging financing is the intended use.
Divorcing couples may not use a recent lender’s appraisal for settlement purposes. If an appraisal is necessary, a new one would be required.
Debbie Murray is a Certified Divorce Real Estate Expert, and she understands the nuances of selling divorce listings, and the importance of working with a divorce lending professional. Divorce can be a difficult transition. Call a neutral, unbiased CDRE like Debbie Murray at Allie Beth Allman & Associates today at 214-558-1004.
Sherwin William’s Agreeable Gray And Other Trending Colors For 2024.
Agreeable Gray is still Sherwin William’s best-selling paint color. “With a beige undertone, this gray exudes a subtle warmth”, says Sherwin William’s. However, their other seven trending colors include Alabaster, Extra White, Pure White, and Light French Gray. Making a statement are Sage, Iron Ore, and Urbane Bronze.
So why has this color been so popular? Agreeable Gray has surged in popularity as a favored home color, captivating homeowners and designers alike. Its widespread acclaim can be attributed to its versatile nature, seamlessly blending with a spectrum of design styles from contemporary to traditional. This neutral hue boasts a unique adaptability to different lighting conditions, maintaining its elegance whether bathed in natural sunlight or artificial illumination. Beyond aesthetics, Agreeable Gray’s calming undertones create a tranquil atmosphere, making it a popular choice for bedrooms and living spaces. Its neutral canvas also serves as a backdrop for personalization, allowing homeowners to express their style through bold furnishings and vibrant accents. In essence, Agreeable Gray’s enduring appeal lies in its ability to harmonize with diverse design preferences, offering a timeless and adaptable solution for modern homes.
Accredited Staging Professional Debbie Murray of Allie Beth Allman & Associates recommends neutralizing your home prior to listing in the spring market. “Homes that are ready to go usually sell first”, explains, Debbie. Contact her today for a marketing consultation for selling your home at 214-558-1004.
Debbie Murray Dallas TX Earns Certified Divorce Real Estate Expert Designation.
Per the Ilumni Institute, a Certified Divorce Real Estate Expert (CDRE™) is an emerging expert in the field of family law
who is specifically trained to support the real estate needs in a case. Guided by experience, training, and the CDRE Code of Ethics, the effectiveness of CDREs is felt throughout the system:
• Conflict is mitigated
• Judicial economy is promoted
• Lawyers are prepared and informed
• Clients are represented by a trained neutral
To become a CDRE, an experienced REALTOR® must pass The Ilumni Institute’s rigorous months long certification program. This program is application-only, and is taught by a faculty of family law attorneys, mediators, certified mortgage professionals, and real estate experts, with judicial officers as guest speakers.
CDREs offer three main services to the family law community and their clients:
1. Education: Real estate is in constant flux, and the state of the real estate market and trends
impact how cases are handled. Your CDRE will consistently provide you with:
• Real estate market data and trends
• Lessons from cases that everyone can learn from
• Nuances of the real estate / divorce crossover
2. Resources: Every case with real property will need information. A CDRE can be your one
resource for all things real estate, including:
• Title documents: legal descriptions, deeds, property profiles
• Values: sight unseen and full reports, supported by expert testimony
• Challenges: foreclosures, equity buy-out questions, liens, creative settlement structures
3. Divorce Listings: The listing of a house in a divorce case presents many challenges that
CDREs are trained to handle, including:
• Mutual agreement on pricing, offers, showings, terms
• Sale sabotage
• Court orders and proceeds distribution
Contact Texas Associate Broker and CDRE Debbie Murray at Allie Beth Allman & Associates today to sell your home at 214-558-1004.
Preventing Pipe Bursts
This winter, avoid costly plumbing repairs by properly winterizing your home before the first extended freeze of the season.
To protect your pipes from bursting, wrap exterior hose bibs and exposed pipes with insulation. When freezing temperatures are in the forecast, allow your home’s heating system to reach exposed interior pipes by leaving under-sink cabinet doors open. Set all interior faucets to a slight drip- even a small amount of flowing water can prevent pipes from completely freezing.
While uncommon in our region, prolonged periods of freezing temperatures can occur. If you plan to be away from your home for an extended period of time this winter, ensure that your house remains properly heated in your absence. Setting the heater to run at a reduced temperature and opening cabinets to encourage warm airflow around pipes can prevent expensive pipe and flooding repairs.
Now is a good time to identify and insulate any exposed pipes with the potential to freeze around your home. Remember, proper preparation reduces the likelihood of a winter weather-related emergency.
Contact Texas Associate Broker Debbie Murray at Allie Beth Allman & Associates to achieve your next real estate goals at 214-558-1004.
Renting Versus Buying A Dallas TX Home
The decision to buy a home or rent one depends on various factors and personal circumstances. Both options have their own set of benefits and drawbacks. Here’s a comparison of the benefits of buying a home versus renting:
Benefits of Buying a Home:
- Equity Buildup: When you buy a home with a mortgage, a portion of each monthly payment goes toward building equity in the property. Over time, you can build significant wealth as the value of your home appreciates.
- Stability: Owning a home provides stability and a sense of belonging to a community. You have control over your living space and can make changes to it as you wish.
- Tax Benefits: Homeowners may enjoy tax benefits, such as deducting mortgage interest and property taxes from their income.
- Potential for Appreciation: Historically, real estate has appreciated in value over time. While there are no guarantees, homeowners can benefit from potential capital gains.
- Freedom to Customize: Homeowners have the freedom to make structural and cosmetic changes to their property, such as renovations and landscaping.
- Rent Avoidance: You are not subject to potential rent increases and have more predictable housing costs.
Benefits of Renting:
- Flexibility: Renting offers more flexibility to move without the long-term commitment associated with owning a home. This can be beneficial for those who expect to relocate in the near future.
- No Maintenance Costs: Property maintenance and repair costs are typically the landlord’s responsibility in a rental property.
- Lower Upfront Costs: Renting generally requires a smaller upfront financial commitment compared to purchasing a home, which typically involves a down payment and closing costs.
- No Property Value Risk: Renters do not bear the risk of property value depreciation, as homeowners might during a market downturn.
- No Property Taxes: Property taxes are the responsibility of the landlord, so renters do not have to worry about this additional cost.
- No Market Risk: Renters are not exposed to fluctuations in the real estate market.
Ultimately, the choice between buying and renting depends on your financial situation, lifestyle, long-term goals, and the local housing market. It’s important to carefully consider your individual circumstances and consult with financial advisors and real estate professionals to make an informed decision. Some people choose to rent for a period and then transition to homeownership when it aligns with their goals, while others prefer to rent for the long term.
Contact Texas Associate Broker Debbie Murray at Allie Beth Allman & Associates to buy or sell your next home at 214-558-1004.
3521 Beverly Dr. Highland Park Open House, Sunday, Oct. 15th from 1-3 pm.
Are you in search of your dream home, a place where luxury and sophistication meet the comfort of everyday living? Look no further than the open house event scheduled for Sunday, October 15th, from 1 to 3 pm, at 3521 Beverly Drive, Highland Park, Texas. Nestled in the heart of one of Dallas’s most prestigious neighborhoods, this magnificent property offers an unparalleled blend of elegance, modern amenities, and timeless architecture. In this article, we’ll take you on a virtual tour of this stunning residence and provide you with insights on why Highland Park, TX, remains a sought-after community for discerning homebuyers.
The Highland Park Advantage
Highland Park, known for its tree-lined streets, exemplary schools, and vibrant community, has long been a magnet for individuals seeking a high-quality lifestyle. This enclave of elegance provides residents with easy access to the thriving culture and commerce of Dallas while retaining its small-town charm. Whether you’re an art enthusiast, a foodie, or a nature lover, Highland Park offers something for everyone. The open house at 3521 Beverly Drive is your opportunity to become part of this prestigious community.
The residence at 3521 Beverly Drive exemplifies the epitome of luxury living. From the moment you step onto the meticulously landscaped front yard, you’ll be captivated by its grandeur. This property boasts a classic Mediterranean-style architecture with a modern twist. Its stately façade, complete with lush greenery and a charming entryway, welcomes you with open arms.
As you step inside, you’ll be greeted by an expansive foyer adorned with exquisite chandeliers and stunning marble flooring. The open-concept design flows seamlessly, creating a sense of spaciousness and comfort. The living area, with its soaring ceilings and large windows, bathes the space in natural light, making it the perfect setting for relaxation or entertainment.
The chef’s kitchen is a culinary delight, featuring top-of-the-line appliances, custom cabinetry, and a generous island with bar seating. It’s a space where culinary creations become a work of art. Adjacent to the kitchen, you’ll find a cozy breakfast nook that overlooks the backyard oasis, making mornings a delightful experience.
This home offers five generously sized bedrooms, each with its own en-suite bathroom, providing unparalleled privacy and comfort for family and guests. The master suite is a sanctuary of serenity, boasting a spa-like bathroom, a fireplace, and a private balcony with stunning views of the manicured backyard.
The outdoor area is an entertainer’s dream, featuring a covered patio, a sparkling pool, and lush landscaping. Whether you’re hosting a summer barbecue or enjoying a peaceful evening by the fire pit, this backyard offers a perfect blend of relaxation and recreation.
Why Highland Park?
Highland Park, often referred to as the “Beverly Hills of Texas,” is renowned for its top-rated schools, including the Highland Park Independent School District, which consistently ranks among the best in the state. Families looking for quality education for their children will find Highland Park an attractive choice.
Moreover, the community is known for its commitment to maintaining green spaces, parks, and a pedestrian-friendly atmosphere. Residents can enjoy beautiful parks like Lakeside Park and Turtle Creek Park, which offer scenic views and recreational opportunities. Additionally, Highland Park Village, a historic shopping and dining destination, is just minutes away from 3521 Beverly Drive, providing residents with access to high-end boutiques and gourmet restaurants.
Beyond the immediate comforts and luxuries of 3521 Beverly Drive, it’s essential to consider the property’s investment potential. Highland Park, TX, has a history of strong real estate appreciation, making it an attractive destination for investors. The timeless architecture and top-tier amenities offered by this residence ensure that it will remain highly desirable in the years to come.
If you’ve been searching for a dream home that combines timeless elegance, modern convenience, and a sense of community, the open house at 3521 Beverly Drive, Highland Park, TX, is an event you won’t want to miss. Join us on Sunday, October 15th, from 1 to 3 pm, and explore the beauty and charm of this exquisite property in the heart of Highland Park. It’s an opportunity to make your dream of luxury living a reality in one of Texas’s most prestigious neighborhoods. Don’t let this chance slip through your fingers – mark the date on your calendar and prepare to be captivated by the possibilities that await you.