Why Sellers Demand Proof of Funds From a Buyer by Elizabeth Weintraub

Often buyers will ask why they need to provide proof of funds… This is a great article by Elizabeth Weintraub to share with you buyers that explains why we need to provide proof of funds.

Why Sellers Demand Proof of Funds From a Buyer

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Did you know that 47% of home buyers in 2009 were first time buyers?

Predictions are that the number will even be higher for 2010…. Click HERE for full story according to Move.com

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Frisco Mayor-Maher Maso

I had the privileged to listen our our very own Mayor of Frisco, Maher Maso speak last Thursday at the Train Depot in Frisco Square. I was very impress with him…. so if you are like me and do not know much about our Mayor, Maher Maso… I wanted to share some information I found at www.pegasusnew.com.

City of Frisco Mayor-Maher Maso

FRISCO — When 44-year-old Frisco Mayor Maher Maso moved to Frisco in 1992, the population was 6,500. According to Maso, the city’s population as of July 1, 2008 was 101,393, and it’s the seventh fastest growing city in the United States.

“I like the way Frisco is headed,” Maso said. “My fundamental goals of keeping taxes low and improving our roads and transportation are very quality of life oriented.

“Public safety is also important, because we have a lot of families here and people want to feel safe in their community.”

Because the city has accomplished a lot, he said that he wants to keep it moving in the same direction by partnering with the school districts, colleges and county.

“Frisco alone can’t create a successful community,” he said. “It takes many different groups working together. I firmly believe in regionalism.”

Maso also believes in open communication. Aside from city council meetings, the second Monday of each month from 8 a.m. to 9 a.m. has been set aside for informal coffees on the fifth floor of city hall.

“The gatherings aren’t just to have coffee and pastries,” he said. “We have round table discussions where I learn from citizens, and they learn from me.”

As alway… I enjoy keeping you updated with Collin & Denton news….

If you know of anyone that is going to buy or sell a property…. I would greatly appreciate you support and trust.
Lili Raney, Realtor
Your Frisco Family Realtor

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Movie time at Frisco Square?

Breaking Ground for the New Cinemark!!

I am so excited to announce that according to www.friscoenterprise.com… Friso Square is getting a MOVIE THEATER!!

Grab the popcorn, it looks like Frisco’s getting a movie theatre west of City Hall.

Owner and developer Frisco Square Development is mum, sensitive to tenant timing of the full announcement. But Cinemark’s name is on the permit to clear land, which began Tuesday. Well, technically, the name on some of the paperwork is “CNEW;” however, Cinemark also appears on city records for permits.

City records reflect a project involving “A movie theater and retail/office and hotel on the southwest corner of Frisco Square Blvd. and Church Street. Zoned Planned Development-153- Mixed (PD-153-Mixed). Neighborhood #21.”

Building plans are under review, according to public records at the city’s development services department.

“Their building plans are not yet approved,” said department head John Lettelier. “But engineering has approved them for flatwork (site preparation), which started Tuesday.”

The detailed master plan hanging on the wall at Frisco Square Development’s office shows a movie theatre envisioned on Frisco Square Boulevard at the south end of World Cup Way. The location is marked with a bright red star in a photo taken some months ago during an interview on another topic.

Lettelier said no public meetings or commission reviews of plans are necessary because Frisco Square is zoned as a planned development. City staff can approve plans.

Opening date a bit sketchy, but it could be the summer Movies in the Square just moved a block west.

As for continuing speculation on another movie theatre on the west side of the Dallas North Toll at Main Event, Lettelier said, “There have been no submittals to the city.”

For more on this story, keep an eye on www.friscoenterprise.com and future print editions of The Frisco Enterprise.

A red star highlights the location of a Cinemark movie theatre for which site preparation is underway west of City Hall on Frisco Square Boulevard at the south end of World Cup Way.

Site preparation is easily viewed from area buildings and the Dallas North Tollway.

A bulldozer moves earth while crews erect construction fencing on the site believed to be the home of a future Cinemark movie theatre.

Thank you for checking out my blog… I am happy to be your Frisco Family Realtor. Call me if you are thinking of buying or selling you home… or know if someone buying and or selling….

Lili Raney
214-636-7290
Lili@LiliRaney.com

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Frisco Fire Depart: Go Behind the Scenes

Citizen's Fire Academy Registration

This sounds like a lot of fun and and what a great way to meet more Frisco neighbors… enjoy!

Get an insider’s view of the Frisco Fire Department by enrolling in the Frisco Citizen’s Fire Academy (CFA.) This free educational program provides Frisco citizens and those who work in Frisco with fire safety training for the home and workplace, plus hands-on experience in emergency operations. You’ll even get to ‘ride out’ on emergency calls with firefighters! Join us – and learn more about the services your Frisco Fire Department offers while increasing your fire and life safety awareness. CFA classes are scheduled each Thursday evening from 7:00 pm to 10:00 pm during each nine-week program.

For for information please click HERE… For up to date information about what is going on in Frisco… Look me up on Facebook…

Lili Raney-
You Frisco Family Realtor

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Frisco’s new ALDI holds open house March 15!!!

Frisco’s new ALDI holds open house March 15!!

According to Star Local News….

Select discount grocer ALDI is opening a new store in Frisco as one of 30, beginning March 15. The public is invited.

Join community leaders and ALDI officials at the ribbon cutting ceremony at 2 p.m. at 6951 Preston Road. Tours of the store through 6 p.m. include product sampling. These stores will be open for sales on March 18.

About ALDI Inc.

A leader in the grocery retailing industry since 1976, ALDI has more than 1,000 U.S. stores located in 30 states primarily from Kansas to the East Coast serving more than 20 million customers each month. Beginning in the spring 2010, ALDI will enter the Texas market with 31 new stores planned for the Dallas/Ft. Worth region.

A select assortment discount grocer featuring its own ALDI select brands, ALDI applies smart and efficient operational and business practices to save customers up to 50 percent on their grocery bill.

ALDI, named 2009 Retailer of the Year by PL Buyer, sells more than 1,400 of the most frequently purchased grocery and household items in manageable, non-bulk packaging. For more information about ALDI, go to www.aldi.us.

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Frisco Selected As New Host Site For NCAA Division I Football National Championship Game

Frisco Selected As New Host Site For NCAA Division I Football National Championship Game

Great news!!!

According to City of Frisco.com…
FRISCO SELECTED AS NEW HOST SITE FOR
NCAA DIVISION I FOOTBALL NATIONAL CHAMPIONSHIP GAME

FRISCO, Texas ˆ Frisco is the new host city for the 2010 NCAA Division I
Football Championship game, which will played at Pizza Hut Park on January
7, 2011. The NCAA announced earlier today that the 23,500-seat
multi-purpose stadium will be the host site for the championship game for
the next three years.

„Touchdown! We can‚t wait for college football to come to Frisco,‰ said
Mayor Maher Maso. „Frisco is a sports town and a Division I Football
Championship is another chance for sports fans everywhere to not only
experience great football but to also discover all our community has to
offer. We also want to thank folks from all over the country who
supported our bid effort.‰

Less than five weeks ago, Frisco launched an online pledge drive inviting
football fans to show their support for the effort to move the
championship games to Pizza Hut Park. Frisco received pledges from people
living in 103 cities throughout Texas and from 17 other states. Frisco
estimated the pledges represented more than 8,000 tickets.
„Pizza Hut Park and Hunt Sports Group couldn‚t be more excited to host the
NCAA Division I Football games,‰ said John Wagner, President, Hunt Sports
Group. „Along with Southland Conference and the City of Frisco, we look
forward to showcasing our venue and our city.‰

The local organizing committee consists of the City of Frisco, its
Economic Development Corporation and Convention & Visitors Bureau, Hunt
Sports Group/Pizza Hut Park, the Frisco Chamber of Commerce and Frisco
based Southland Conference.

„The Southland Conference is honored and privileged to serve as the host
conference for the NCAA Division I Football Championship Game,‰ said
Southland Commissioner Tom Burnett. „Since beginning the planning process
last August, our Team Frisco local organizing committee has worked
diligently to bring this national championship to Pizza Hut Park. We also
knew from the start our community would support this effort. Given all
the built-in advantages of Frisco and the greater Dallas-Fort Worth
metropolitan area, we always felt confident the NCAA would be attracted to
what we were offering the game.‰

Frisco emerged from a pool of several cities that submitted bids to serve
as the host site for the championship games, beginning with the 2010
season.
The championship game will be the culmination of a newly expanded 20-team
championship bracket. As a result of this expansion, the game will be
played a few weeks later than in years past.

The Football Championship Subdivision (FCS), formerly known as Division
I-AA, includes the conferences and institutions that compete in the NCAA
Division I Football Championship, in addition to two conferences who
choose not to participate in the football championship, the Ivy League and
the Southwestern Athletic Conference. The FCS embodies a tradition of
excellence through high level competition, student-athlete character and
sportsmanship throughout the regular season and the championship
experience.

The decision to award the championship site to Frisco, Texas, was
recommended by the Division I Football Championship Committee and approved
by the Administrative Committee of the Division I Championships/Sports
Management Cabinet.

“We are excited about the opportunity for the football championship game
to be played in
Frisco,” said Damani Leech, NCAA director of baseball and football. “With
the quality of bids that were submitted, it was not an easy decision to
make. But we feel the right decision and right place to serve as the site
for the Division I football championship is indeed Frisco.”

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When do we apply for a Homestead Tax Exemption?

Have you filed your Homestead Exemption?

You Appraisal District will automatically send a form to all new property owners around the end of January. You will have till April 30th of that same year to file this exemption. For additional information contact your Appraisal District. If you have any questions about selling or purchasing a property, please do not hesitate to contact me. I look forward to hearing from you.

Collin County Appraisal District
469-742-9200
www.collincad.org

Dallas Central Appraisal District
214-631-0910
www.Dallascad.org

Denton Central Appraisal District
940-349-3800
www.dentoncad.org

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Dallas-area home listings fall substantially

Dallas-area home listings fall substantially
By Steve Brown / The Dallas Morning News

North Texas homebuyers who are hoping to find a huge supply of houses for sale may be in for a surprise.

While many markets in Florida and the West are suffering from a surplus of for-sale signs, the number of houses available in the Dallas-Fort Worth area has fallen substantially in the last year.

The supply of pre-owned homes for sale is down almost 17 percent from this time last year and has fallen by a quarter from the summer of 2007.

Full Story

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Commercial transactions

Real estate editor Steve Brown compiles this list.

Sales

S.V. Hardy LP bought a 15,900-square-foot industrial building at 2303 Shorecrest Drive in Dallas from Hartnack Investments LLC. Chris Armstrong of Henry S. Miller Brokerage LLC arranged the sale with Jason Moser of Stream Realty.

The Moore Law Firm purchased a 3,000-square-foot office building at 13349 N. Central Expressway in Dallas. Dona Timm of Prudential negotiated the sale with Matt Anding of Henry S. Miller.

A Canadian firm bought a 288-unit apartment complex at 750 E. Mid-Cities Blvd. in Euless from Fountainwood Associates LP. Dirk Goris of CB Richard Ellis negotiated the sale.

Dr. Jennifer Patterson purchased 4,051 square feet of commercial space at 6842 Lebanon Road in Frisco for her optometry practice. Mark Pittman arranged the sale with broker Mary Martin.

Click to see Leases

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