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 Real Estate Insider (Blog) 
Thursday, 27 March 2008

We have two lake lots for sale on Eagle Mountain Lake

Click for more pictures ...

1909 Spinnaker Lane

Property Description: Oak Harbor Community offers rare find. Water front lot with open water and 100 feet of water frontage. Lot has a concrete seawall and beautiful homes border each side of the property. The community has a common area with boat dock, boat ramp, volleyball, playground, grills, sandy beach, and a covered pavilion with tables. If you are looking for a waterfront community on Eagle Mountain lake this lot is in a class of its own. 

Directions: From 820 take Hwy 199 for approx 8 miles. Make a right on N Stewart St in Azle, left on N Ash St. Make rt turn onto Oak Harbor then left on Spinnaker.

 


 

 

1121 Pelican Drive

Property Description: Approx. 100 feet of waterfrontage on Eagle Mtn. lake. Approx. 1 acre. This property has more than one tax i.d. and the seller does not have a survey. Legal is more or less Lot 8 Block 1A Pelican Bay Addition and the land described as Wilcox, Jacob Survey #52-A1712 Tr 2B01 and taxed unnder TAD account 04275934. 

Directions: 199 to 730 N, R on Sandy Beach, R on Liberty School, R on Pelican, sign on lot

 


 

The above lots are waiting for a new custom water front lake home to be built on site along with family recreation and enjoyment by your family.  Come and see these lots and give us a call.

You can also search by map for this and other properties on our site!

Regards,

Bernie

 

POSTED BY: Bernie Christian AT 05:26 pm   |  Permalink   |  0 Comments  |  E-mail this
Monday, 24 March 2008

11549 Eagle Vista Drive

Today's new listing

Property Description: Looking for a deal! 2.5 Acres in the Eagle Mtn. area! Four bedrooms, private master suite and luxury bath. Big den with fireplace open to the kitchen. Kitchen features a breakfast bar, pantry, oversized breakfast room. Formal dining-study now used as workout room. Spacious rooms and closets galore! Oversized garage, fenced, well, and septic. Seller will pay up to 3% of buyers closing costs with an acceptable offer.  

Exclusions: mineral rights do not convey 

Directions: Boat Club Road, R on Peden, L at Eagle Vista 

Would you like to see this property?  Please contact us to schedule a viewing!

Regards,

Bernie

POSTED BY: Bernie Christian AT 11:10 pm   |  Permalink   |  E-mail this
Friday, 21 March 2008

How do you feel about open houses?  We often get mixed reactions and expectations from sellers about them.  Some sellers definitely want realtors to have them for their homes, but most people don't seem to feel strongly about them and some people just don't like them at all.  Much of the time, an open house ends up being a big waste of the seller's and the agent's time.  However, sometimes the turnouts can be pleasantly surprising.  The seller gets an opportunity to gin up interest for their home and the agent gets an opportunity to get names, numbers and email addresses for potential buyers and sellers.  Most of the time however, it never works out for the seller since the odds seem to be against a particular open house resulting in a sale for the home being held open.  Recently we held open a home on 7701 Lakeview Circle and managed to have eight couples come through the home.  For homes in Lake Country Estates and in this slightly down market, that's a pretty good turnout.  I think the spring season is starting to bring people out.  The Christian Group will be holding several open houses this spring and we will announce them on the home page of our website.  Hope to see you at one soon!

Regards,

Bernie

POSTED BY: Bernie Christian AT 04:47 pm   |  Permalink   |  0 Comments  |  E-mail this
Tuesday, 18 March 2008
As a realtor, I know first hand that its important to keep pace with current events in the mortgage market place so that we can inform our buyers of how they will be impacted when purchasing or considering purchasing a home.  I've enclosed an email from Mr. Bill Starkey, WR Starkey Mortgage, to his employees that I think you will find interesting:

From Bill Starkey to the Starkey Employees:
As you are now aware, we are seeing significant changes to low end fico's on FHA/VA loans.  HUD, VA, Wall street investors and all major mortgage investors are definitely tightening up on government loans with fico's below 580 due to recent studies of delinquency and foreclosure rates on these properties.  It has been estimated that government loans with fico's from 560-580 have a delinquency rate in excess of 20% and government loans below 560 fico have a delinquency rate of over 32%.  With this said, there is really no difference between these mortgage loans and what we have come to know as "Sub-Prime" loans. 
 
As the mortgage industry and Wall street continue to analyze loan losses, they are making major changes to high risk loans which is causing mortgage firms to react in quick fashion.  In other words, there will be major limitations put on FHA/VA loans with low end fico's effective immediately and this will affect all mortgage firms in the same manner.  You may have a few firms that are slower to make these changes but just as they all reacted in the Sub-Prime crisis, they will all react in similar fashion with government loans.
 
Effective immediately, no new locks will be accepted on FHA/VA loans with fico's below 560 and there will be a 3.00% adjustment to pricing on FHA/VA loans with fico's from 560-580.
 
To be honest, I am surprised that it has taken the mortgage market this long to react in this manner as these loans should really be put in the Sub-Prime category by definition.  Again, this is not simply a WRS decision but one that will be followed throughout the mortgage industry in total.
 
One other thing to note on these changes........most mortgage competitors have eliminated all FHA/VA loans with fico's below 580 and we have still included loans with fico's between 560-580 but we do want underwriting approval before we allow you to lock these loans in with secondary.  In other words, these loans will need to be solid and contain compensating factors that offset the lower fico score.
 
Thanks,
 
Bill Starkey

If you would like additional information regarding the above email or if you would like to contact WR Starkey Mortgage, please call me.
 
Regards,
 
Bernie
 
POSTED BY: Bernie Christian AT 01:15 pm   |  Permalink   |  0 Comments  |  E-mail this
Thursday, 13 March 2008

7701 Lakeview Circle

Fort Worth, Tx 76179

Open house this weekend on Sunday, March 16, 2008, 2-5pm

Ok, maybe your not ready for a home on the lake.  What about a home with a gorgeous view of the lower countryside and Eagle Mountain Lake?  We're expecting a lot of traffic through this home on Sunday.  It has great views, low maintenance and a cul-de-sac lot!  It's in move-in condition with custom detail throughout! Study off of the entry, or it could be guest room. Spacious entry, crown molding,textured walls. Enormous kitchen with granite counter, breakfast bar,walk in pantry, gas cooking. Private master suite, oversized, huge closet and luxury bath, private patio. Study niche off the kitchen with built-ins. Big den with built-ins, tv remains, views-patio. 

Directions: Boat Club Road, Left on Lake Country Drive, R on Trail Ridge, R on Lakeview Circle. 
Kitchen
View from Patio
POSTED BY: Bernie Christian AT 09:21 pm   |  Permalink   |  0 Comments  |  E-mail this
Tuesday, 11 March 2008
Eagle Mountain Lake Single Family Waterfront Homes Sold within last 6 Months
Subject Property
                             
Address City BR Bth Gar/
Cp/TCP
SqFt Acr Blt PL  CDOM List Price SP %LP Sold Date $/ SqFt Sale Price
6943 ALCOVE ST   Azle  1.0  0/2/2  1,208     1950  148,900   92  1/15/2008  113.41  137,000  
6949 ALCOVE ST   AZLE  1.1  0/2/2  2,016  0.090  1955  285  179,000   93  10/11/2007  82.84  167,000  
12072 N OAK CT   Azle  1.0  0/0/0  590     1960  92  210,000   88  12/21/2007  313.56  185,000  
6960 JAY LN   AZLE  3.1  2/0/2  3,329  1.380  1965  77  259,000   93  1/10/2008  72.09  240,000  
13240 MILLER RD   Azle  1.0  2/0/2  1,098     1962  103  300,000   100  12/17/2007  273.22  300,000  
12060 N OAK CT CT   AZLE  2.0  2/2/4  2,114     1975  238  335,000   93  2/11/2008  146.64  310,000  
11224 Eustace DR   No City  2.0  2/0/2  1,757     9999  103  339,000   96  3/06/2008  184.97  325,000  
9305 Westview RD   Fort Worth  2.0  0/2/2  1,990  0.005  1955  399,900   82  10/19/2007  165.78  329,900  
11761 OAKWOOD LN   Fort Worth  2.0  3/0/3  2,900  1.000  1950  329  450,000   102  9/14/2007  158.62  460,000  
9148 TIMBER OAKS DR   FORT WORTH  2.1  2/0/2  3,930     1979  398  599,900   95  11/14/2007  145.04  570,000  
5816 Lakeside DR   Fort Worth  3.0  3/0/3  4,034  0.716  2004  28  699,000   93  10/12/2007  161.13  650,000  
473 Schooner DR   Azle  3.1  2/0/2  3,595  0.003  1988  46  699,000   97  11/02/2007  189.15  680,000  
Min 1     590 0.003 1950   3 131,700 82     124,100
Max 4     4,034 1.380 9999   398 699,000 102     680,000
Average 3     2,300 0.530 2588   152 365,415 94     344,462
Number of Properties: 13
Average ( SalePrice / SqFt ) : $149.77

 

If you would like a complete market analysis of the above statistics, please contact me.  I look forward to hearing from you soon.

Regards,

Bernie

POSTED BY: Bernie Christian AT 09:26 pm   |  Permalink   |  0 Comments  |  E-mail this
Monday, 10 March 2008

9516 PARK DRIVE

Property Description: Almost 20 acres of land including a stately custom residence to suit the family that wants it all.  Located only minutes from Ft Worth, this beautiful custom home features a pool, 4 car garage, 2 car detached garage.  Pull up in the winding driveway to the spacious porte cache.  The homes entry opens onto beautiful wood floors throughout.  This spacious home boasts a large formal dining room, butlers pantry & many built ins, enormous kitchen with island, 2dishwashers,2  ovens, plus micro-convection oven, builtin refridgerator, vegatable sink.  Kitchen is open to huge den, and both have a view of the pool.  Private master, fireplace, luxury bath & exercising area-study. Bedroom 2 downstairs. A unique feature of this home has an indoor basketball court upstairs adjoining the large gameroom-wetbar. Bedrooms 3 & 4 are spacious and have private bath.  Balcony & 2nd living area upstairs. 

Exclusions: mineral rights and matching drapes-spread in girls bedroom upstairs 

Directions: 820 to Azle Avenue Exit, R on Boat Club, R on Park Drive which is just after stoplight on Boat Club & Bailey-Boswell, home on the left. 

VIRTUAL TOUR

If you would like to visit this house for a showing, please contact The Christian Group to set up an appointment.

Regards,

Bernie

 

 

POSTED BY: Bernie Christian AT 06:10 pm   |  Permalink   |  0 Comments  |  E-mail this
Friday, 07 March 2008

Lake Front Properties currently for sale around Eagle Mountain Lake

Subject Property
                           
Address City BR Bth Gar/
Cp/TCP
SqFt Acr Blt PL  CDOM Orig Price $/ SqFt List Price LP% OP
6767 Briar RD   Azle  1.0  0/2/2  1,317     1970  18  130,000  98.71  130,000   100 
6770 Briar RD   Azle  2.0  0/6/6  1,008  0.300  1975  18  225,000  223.21  225,000   100 
6812 Briar RD   Azle  2.0  0/2/2  2,546     1962  182  250,000  97.80  249,000   100 
6757 Briar RD   AZLE  2.0  2/1/3  1,648  0.280  1985  259,900  157.71  259,900   100 
6774 Briar RD   Azle  3.0  2/0/2  2,200  0.001  1962  304  289,000  131.36  289,000   100 
11214 Eustace DR   Azle   2.0  3/0/3  1,756     1998  24  289,900  165.09  289,900   100 
1817 SPINNAKER LN   AZLE  2.0  2/0/2  2,869     1992  530  349,000  118.16  339,000   97 
12904 Gantt RD   Azle  1.0  0/0/0  1,212     1970  89  390,000  297.03  360,000   92 
524 Topside DR   Azle  3.1  3/0/3  3,300  0.500  2003  169  439,900  131.79  434,900   99 
7949 BAL HARBOUR CT   FORT WORTH  2.1  2/0/2  2,629     1993  421  479,000  170.79  449,000   94 
7140 Rucker ST   Azle  3.0  0/3/3  3,361  15.890  1936  179  500,000  133.89  450,000   90 
8805 Random RD   Fort Worth  4.1  1/2/3  4,741  0.300  1978  469,990  99.13  469,990   100 
9250 CAPE ROYALE CT   FORT WORTH  3.1  2/0/2  3,600     1989  364  549,000  138.61  499,000   91 
11761 Oakwood LN   Fort Worth  2.0  3/0/3  2,537  1.000  1950  31  519,900  204.93  519,900   100 
6572 WELLS BURNETT RD   FORT WORTH  3.0  1/0/1  2,443  0.460  1965  261  599,000  235.37  575,000   96 
8905 Random RD   Fort Worth  2.1  2/0/2  4,016     1978  37  579,900  144.40  579,900   100 
7828 Skylake DR   Fort Worth  4.0  2/0/2  4,605  0.004  1979  11  725,000  157.44  725,000   100 
305 N Broadway RD   Azle  5.0  4/0/4  5,135  0.003  1998  493  799,000  155.60  799,000   100 
9945 Boat Club RD   Fort Worth  2.0  0/2/2  1,654  1.250  1941  12  950,000  574.37  950,000   100 
9968 Boat Club RD   Fort Worth  4.0  1/2/3  2,816  3.269  1960  217  1,200,000  354.76  999,000   83 
12625 Lakeview CT   Saginaw   5.0  3/0/3  5,201  0.510  2002  1,250,000  240.34  1,250,000   100 
4318 Shore Front DR   Fort Worth  4.1  0/2/2  5,899     1984  47  1,500,000  254.28  1,500,000   100 
8600 Greentree CT   Fort Worth  3.2  3/0/0  5,894  0.005  1982  164  1,600,000  271.46  1,600,000   100 
7928 Summit CV   Fort Worth  4.0  3/0/3  5,774  0.004  1978  182  1,900,000  329.06  1,900,000   100 
8801 Royal Harbor CT   Fort Worth  6.2  0/2/2  10,793  1.239  1970  122  2,500,000  231.63  2,500,000   100 
Min 1     1,008 0.001 1936   1 130,000   130,000 83
Max 7     10,793 15.890 2003   530 2,500,000   2,500,000 100
Average 4     3,558 1.560 1976   155 749,740   733,700 98
Number of Properties: 25
Average ( ListPrice / SqFt ) : $206.21

If you would like to visit any of the above properties, please contact us.

Regards,

Bernie

 

POSTED BY: Bernie AT 05:04 pm   |  Permalink   |  0 Comments  |  E-mail this
Thursday, 06 March 2008

Waterfront properties on Eagle Mountain Lake and on Lake Worth are soon coming into season.  That is, the demand for these properties is usually strongest beginning in March of every year.  Lakefront or waterfront buyers traditionally get spring fever and want to purchase a property on the lake early in the spring season so that they can be on the lake by summer.  The choicest waterfronts will go more quickly leaving a picked over inventory by mid summer. 

We have made waterfront/lakefront homes our passion and as a result, we have sold more waterfront homes than any single realtor around Eagle Mountain Lake in Fort Worth, Texas.

We are ready to take you call or receive you email of your interest about one of our listings that are on the lake or we can also help you with another agent's or broker's listings.

Please contact The Christian Group for more information about these properties.

Regards,

Bernie

POSTED BY: Bernie Christian AT 08:55 pm   |  Permalink   |  0 Comments  |  E-mail this
Tuesday, 04 March 2008

The spring season is just ahead of us and for those of us in real estate sales, we know that is the busiest time of the year.  Specifically, March, April and May are the three biggest months for sales and have been for the last several years that I've been keeping track of statistics.  Even though the market has been tough in the eyes of many, buyers and sellers should still look forward to a more robust real estate sales market than we had in the last two quarters.  Flying in the face of convention, The Christian Group has just had the best January and February it ever had in any given year since 2004.  It seems like 2008 is beginning to be a very unusual year indeed.  I think that quite a few folks are out there wondering whether they are credit worthy enough to purchase a home.  This thought might hold a lot of people back because everyone's heard so much of the negative hype spewed out by the media.  If your credit is not so good, it might be compensated by the outlay of additional downpayment on the home.  There are actually all kinds of factors that influence mortgage companies.  However, you never know until you actual apply for loan pre approval whether you're a viable candidate.  Because builder homes are still reasonably priced at the present time and because existing home prices have softened in North Texas, it is most probably worth your while to explore whether you can qualify for a loan.  Home prices will not be soft for ever, and builders will soon run out of their inventory (having slowed their build jobs) eventually resulting in sufficient pressure for price increases.  When will this happen you might ask?  It would be difficult to make an accurate assumption that would be useful to anyone.  However, most people are not really savvy enough to time the market such that they make a purchase at just the right time and on just the right terms.  No one, but no one, can predict mortgage interest rates (except that they will change) and no one knows when markets will zing back to previous highs or sink to lower lows.  I suggest that because rates are still historically low...its now a good time to buy...that because it is considered by some to be a buyer's market...it is now (for buyers) an especially good time to buy...that because most of us are not market experts and don''t know enough about financial and housing markets...that now is not the time to...time the market, but rather the superior thinking and strategy is to buy in a market when things are really not so bad and when given market factors are known.  "Better the devil you do know than the devil you don't" someone once said.  In fact, it is a pretty darn good time to buy a home if you're a prospective buyer.  Don't wait!  Search for a home now and be in your new home in time to enjoy your new yard, planting, barbecue , swimming pool or lake frontage before summer comes and goes. 

If I can be of service to you, please contact me for an appointment to see one of our many residential listings, lakefront homes and lake lots.

Regards,

Bernie

 

 

 

 

POSTED BY: Bernie Christian AT 09:55 pm   |  Permalink   |  0 Comments  |  E-mail this
Christian Group, Listings, Fort Worth Luxury Homes
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The Christian Group
Keller Williams® Realty
4880 Boat Club
Fort Worth, TX 76135
Mon-Fri: 9am-5:30pm
(817) 269-1660
All Other Times:
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TerriChristian@KW.com

Bernie_Christian@KW.com

Keller Williams® Realty



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