Plano Texas Real Estate Blog - Local Plano Real Estate.

If You Bought a Home this Year -  you need to read this now...

Just as many things are changing in the real estate arena daily there is one thing that will affect new home owners who have purchased a home this year.

What is it? Glad you asked....

Beginning Jan. 1st 2012 you must change your drivers license to match your new property address in order to file and get your Texas homestead exemption.  No exceptions, this was passed during the legislature session back in September.  So make sure your drivers license reflects your new address, you'll need to photo copy your license and send in with your homestead exemption form.  Just another step and another fee to pay our government.

Pass this post on if you know someone that needs to update their drivers license, it will save some time and aggravation in dealing with your property taxes.

Normandy Estates Foreclosure Find



Every once in a while a home comes along that's a steal.....I've said it before and I'll say it again, you can make some sweet deals at year end.  Just yesterday a foreclosure came up in Normandy Estates.  Home was listed at 1.5 M, it's been through some price changes, up and down....now list price is 500K! Too good to be true? Kind of....property is to be auctioned off and 500K is opening bid, with a reserve in place.  This lender is ready to dump but at their reserve, no telling what that is.  Must close in 30 days.....no doubt you could make a steal on this but will have to wait for Normandy Estates to be developed out, pretty safe bet in my opinion.