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Sold - WELL MAINTAINED WEST PLANO HOME

$429,900 SOLD

Photo of 5605 Crowndale Drive, Plano, TX, 75093.

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Address: 5605 Crowndale Drive	City/ST: Plano, TX	Zip Code: 75093
Property Type: Single Family Home	New or Resale: Resale	Square Footage: 3474
Bedrooms: 4	Bathrooms: 3	MLS# 11103399

Beautifully maintained 4-3-3 home in desirable west Plano! Ideal open floor plan features large family room w built-ins & gas fireplace overlooking covered patio & extra large play pool w attached spa. Master & 1 bedroom down, 2 bedrooms & sep gameroom up. Many updates-Trane 14 SEER HVAC(05), dishwasher, paint, light fixtures, roof(03), fence(04), pool pump & filter(03), front & back landscaping (07)

Last Updated: 12/1/2009 8:56:36 PM

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Financing Your Home >Who Pays the Points

When home buyers shop for financing, they must consider two important factors--the interest rate and the points. Each point is equal to one percent of the mortgage amount. If you are selling a home, the buyers may ask you to share the points with them.

The buyer usually pays the points. But if the offer is attractive and will give you the amount you want, paying one or more points might be a good idea. When a contract is presented, your real estate agent will go over the price and terms to help you calculate the net price you will receive. If the offer isn't strong enough or has risky contingencies, you might make a counter offer to increase your profit on the sale by eliminating the points from your selling costs or by increasing the price to help you absorb additional costs you will pay.

In some cases, buyers with limited cash may need some assistance from the sellers to make the transaction work. Your real estate agent will help you look at the total picture and the buyer's overall qualifications, so that you can make a decision based on the bottom line.

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Q	Who is "Freddie Mac", and why is he a big name in real estate?
A	"Freddie Mac" is the nickname for FHLMC, the Federal Home Loan Mortgage Corporation, which buys mortgages from lending agencies, thus allowing lenders to continually replenish funds for new mortgage loans.
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Shad Thornhill, REALTOR�, real estate agent and broker for North Dallas, Plano, Frisco and Allen, Texas home listings, property and land for sale - NUMBER1EXPERT

Shad Thornhill
Keller Williams Realty
18383 Preston Rd. Suite 150
Dallas, TX 75252
469-774-3031
Fax: 972-805-0354
shadthornhill@NUMBER1EXPERT.com

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