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About Harry Ridge

Harry Ridge is a Dallas Real Estate Broker with more than 25 years experience in the industry as an Agent, Broker & Investor and has the knowledge and experience to lead his Real Estate Team in any market environment. Serving the DFW Real Estate and specializes in the Dallas Foreclosure market.

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Dallas, TX

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Dallas Foreclosures and Their Effect on Plano Real Estate

Plano, Texas is a large city located just North of Dallas.  Plano is the wealthiest city in the nation with a population of 30,000 or more; and is known for its beautiful parks, well established neighborhoods and top rated school systems score as some of the highest in the County.  In 2005 Plano was designated [...]

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Is Now a Good Time to Start a Dallas Real Estate Career?

VIDEO – Is Now a Good Time to Start a Dallas Real Estate Career?   It seems like every day we hear about more and more DFW real estate agents going out of business, sometimes, whole offices. It must be a terrible time to think about becoming a real estate agent, or is it? It [...]

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Is Using a Discount Dallas Real Estate Broker a Good Idea?

http://webcastcity.com/News/YN-VIPRealty-ZeroCommission In this real estate market there are many Dallas homeowners who have very little equity in their homes. If they find themselves in a position where they have to sell their home every dollar counts especially when it come to sales commissions. But can you really save sales commission dollars and get the market [...]

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Is It Better To Buy a Dallas Short Sale or Wait for the Foreclosure

  If you put in an offer to buy a Dallas short sale waiting for an answer from the bank can be long and frustrating. A short sale situation happens when a seller’s lender agrees to accept less than what is owed on the mortgage to allow the sale between the seller and buyer to [...]

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When is the Best Time to Buy Plano Real Estate?

  When is the best time of the year to buy Plano Real Estate? Every spring, as nature comes back to life real estate signs begin springing up all around town. Soon as the for sale signs hit the front yards of Plano homes for sale, activity starts a bustling in the streets as sellers, [...]

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Sellers Who Are In The Know Can Compete Against Dallas Foreclosures

  Dallas Foreclosures Aren’t Usually the Great Bargain Many Buyers Expect: Unlike what so many home buyers think banks are not giving properties away or selling them for half price. Despite the commercials and advertisements you see about stealing Dallas foreclosures for pennies on the dollar. Many banks will price a foreclosure property near the true appraised [...]

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Single Women Buy Plano Real Estate Homes, Too!

  There is a record numbers of single women buying Plano real estate for a home of their own. If you’re a single woman who wants to a home owner in Plano the good news is the market is on your side because we are still in a buyers market. Before we get into the ins [...]

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Plano Real Estate and Buyer’s Broker Agreements

  Plano real estate buyers generally sign a buyer broker agreement with their Plano Realtors before writing an offer on a home. This buyer broker agreement spells out precisely that the Realtor represents the buyer only. This is also known as a “buyer representation agreement”. There are a variety of buyer broker agreements that are [...]

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The Drawbacks to Buying Dallas Foreclosures

The Drawbacks to Buying Dallas Foreclosures

  Dallas Real Estate buyers who are value conscious are lured in by the low listing prices advertised for Dallas foreclosures.  They hope to show up at the foreclosure auction and win the lowest bid. Its’ possible, however consider this; many of these houses are not open for inspection prior to purchase.  It generally isn’t smart [...]

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Why Sellers Make Full Price Counter Offers

Why Sellers Make Full Price Counter Offers

In a seller’s market many times a seller of Denton County Real Estate will write their counter offer at the full list price. That’s because the seller knows if one buyer won’t come up to their asking price another one probably will agree to pay full price. But many times a seller may also issue a [...]

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Are You Ready to Make an Offer to Purchase Plano Real Estate?

Are You Ready to Make an Offer to Purchase Plano Real Estate?

Making an offer to purchase Plano Real Estate and actually closing on that purchase are two different actions, but many times  home buyers confuse the two especially when the purchase offer is not the final negotiation due to contract contingencies. In some areas on the East Coast, for example, it is common to write a letter [...]

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Dallas Short Sale – How To Do One

Not all home sellers or all homes will qualify for a Dallas short sale. Although lenders have varying requirements for them to approve a short sale and may demand that a borrower submit a hefty amount of documentation.

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DFW Homes – Buying From a Builder

Beware, that buying new DFW real estate before selling your current home is not always in your best interest because you will be at a disadvantage when it is negotiating time.

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Mortgage Companies and Dallas Foreclosures

These foreclosures may not seem like a good value, especially if the bank wants to sell these properties for the amount that was owed to the bank by the previous property owner. With all that said, here are at least two reasons why an REO can be a great Dallas home value for you:

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Dallas Short Sales and the Effect on Your Credit Score

A Dallas short sale happen when a bank agrees to accept less than the amount owed on the mortgage because there is not enough equity to sell and pay the costs of sale. Not all lenders will agree to a short sale, and that is why a Dallas Realtor can be a tremendous help by contacting the lender’s loss mitigation department to find out.

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Tips for Buying Your First Plano Home

Plano real estate buyers sometimes make the mistake of comparing the sales price of a home they are interested in to other homes they have seen, active listings. It’s a mistake to compare sales prices among homes for sale that have not sold yet.

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Collin County Homes and Contingent Contracts

It’s not uncommon to see a seller ask a buyer for the right to find another home before fully committing to the sales contract. A lot of sellers worry that if they sell their current home without finding another one, they may end up their putting their belongings into storage and renting for a while.

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Buying Dallas Foreclosures – How They Work

3. Many states also require that DFW real estate buyers give sellers certain disclosures regarding the purchase. Failure to provide such notices can result in fines, lawsuits or even revocation of sale.

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DFW Real Estate – Buying Foreclosures, Short Sales and REO’s

To further complicate things, REOs are not short sales either, but some intended DFW Real Estate short sales can end up as an REO property. Retain the services of a professional Dallas Realtors with experience in these areas to advise you.

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Plano Homes and Price Reductions

They real culprit is that the seller has unrealistic expectations for the price of their Plano real estate. Many times sellers will say, “Why don’t do you do more to sell my house?”

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