Take Flight this October, Purchase your Realty Round Up Ticket Today
Upcoming Events:
n Tickets now available for largest real estate trade
September 14 NAPMW General Membership Meeting Norris Conference Center - 11:30 a.m.
vention Center, located at 500 East Cesar Chavez Street. Regis-
show in Central Texas
tration will open at 8:30 a.m. and the exhibit hall will remain open from 10 a.m. to 4 p.m.
C
hatter is building as REALTORS® prepare for the
Your $15 ticket can be purchased in advance by visiting
largest real estate trade show in Central Texas. Re-
www.abor.com/events/roundup.cfm. Your ticket will provide
alty Round Up is set for Oct. 27 and tickets are now
you admittance to all of the Realty Round Up festivities. Addi-
available for the annual Austin Board of REALTORS®’ (ABoR)
tionally, your ticket includes a $5 coupon for use at any of the
event. Costing $15, Realty Round Up tickets will provide you
Austin Convention Center’s concessions, including the Starbucks
access to top-notch, informative education sessions, as well as
cart. Tickets will be available for pick-up at the registration desk
the opportunity to browse the latest products and services for
on the day of the trade show. For additional questions or infor-
real estate professionals. This year’s show, themed “Spread
mation, contact Gina Willemsen, Trade Show coordinator, by e-
Your Professional Wings,” will take place at the Austin Con-
mail at roundup@abor.com or by phone at 454-7636, ext. 1601. RL
September 16 Cheeseburgers in Paradise Kinningham House - 4 to 7 p.m. September 22 HBA 5th Annual BBQ Bash & Elected Officials Appreciation HBA office - 6 p.m. September 23 WCR Monthly Networking Meeting ABoR Auditorium - 11 a.m. October 2 WCAoR Green Expo Dell Diamond - 10 a.m. to 5 p.m. October 21 NAPMW Austin Mortgage Monster Mash Bottle Auction Bash Norris Conference Center - 5:30 p.m. October 27 Realty Round Up Austin Convention Center - 8:30 a.m.
—Associates—
In Progress September 2010 • Vol. 15 • ISSue 5
enjoyable. entertaining. It’s all about you.
Short Sale Transactions Require Addendums, Determination and Patience
W
hen looking for ways to increase income,
to disclose the potential of a short sale to the buyer,” An-
Winifred Harrison of Coldwell Banker United REAL-
REALTORS may want to consider adding
derson says. “It is critical that you know the short sale form
TORS says waiting for a decision — any decision — is
short sales to their repertoire. But a recent
exists and that you use it.”
painstaking. “I had a short sale offer on a house in January
seminar coordinated by the Williamson County Association of REALTORS shows that it takes a large heaping of
Buzan adds that it is important to let buyers and sellers
and did not get a response back from the lender until May,”
know that it is a lengthy process for
she says.
determination and patience to finally earn a commission
lenders to reach decisions on whether to
on these tricky transactions.
approve short sales. Even after decisions
should inform their sell-
REALTORS
also
Short sales occur when the seller gets a lower price for
are made, different parties that have a
ers that they may incur
their house than what they owe but the seller’s lender ap-
stake in the property often don’t commu-
a tax liability after a
proves the sale anyway, possibly to avoid the costs they
nicate well with each other. Buzan says
short sale, as the differ-
might incur if the owner is at risk of foreclosure. Sellers can
she has seen homes under short sale con-
ence between the origi-
find themselves facing a short sale scenario when market
tracts that are scheduled for closings still
nal loan amount and the
prices drop dramatically, leaving them upside down in
head for foreclosure, leading to increased
net proceeds agreed to
their mortgage, or if they get behind in their payments. If
fees for the seller, no home for the buyer
settle the loan — the
a REALTOR suspects this may be the case, then it is their
to move into and no commission for the
cancelled debt — can be
responsibility to provide a short sale addendum, says Edra
REALTOR — in other words, disappoint-
considered as income.
Anderson, an attorney for the Texas Association of REAL-
ment for all parties involved.
Wukasch, who as
TORS who participated in WCAoR’s hot topic seminar
“It happens,” she says. “This is the real
with Candy Buzan of Prime Lending and Bill Bradshaw of
world and you risk having the rug pulled
Gracy Title. TREC commissioner Avis Wukasch of Keller
out. Every servicing lender has different
ing the short sale adden-
Williams Realty moderated.
procedures and a different timetable. To
dum,
“If you are representing a seller, you have an obligation
protect your seller, tell them it is important to Presorted Standard U.S. Postage PAID Austin, Texas Paid Permit #715
You can visit us online 24/7 at www.realtylineonline.com
commissioner
says
she
is
currently working on an
remain
current
P. O. Box 81366 Austin, Texas 78708-1366
TREC
had a hand in develop-
affidavit form that RE-
in
ALTORS can use to
their mortgage. If they can
show they educated their clients about all the ramifications
hang on, it will be better off
of the short sale process. In the meantime, she suggests RE-
for them in the long run.”
ALTORS keep notes in a file that show they have informed
However, Bradshaw said he has found that sometimes
sellers just what a short sale means in order to protect themselves from any potential fallout.
lenders will not approve short
In the end, is the aggravation of a short sale worth it?
sales until a borrower is in ar-
Granted, the more education and training a REALTOR has,
rears. It is this kind of unpre-
the smoother the process becomes, but it appears short
dictability
sales will continue to be a challenge for many.
that
makes
maneuvering the short sale
“They take longer and there is always the question of
circuit difficult. If the seller
when or even if it will close,” Harrison says. “I don’t par-
has two liens, that further
ticularly run from a short sale transaction but neither do I
compounds the issue.
care if I ever get one.” RL
2
www.realtylineonline.com
September 2010
realty line of Austin
All photographs, press releases and article submissions can be e-mailed to: realtyline@austin.rr.com Realty Line of Austin is published monthly by Caxton Publications, Inc.© as a non-subscription publication for the more than 8,000 members of the Austin Board of REALTORS® (ABoR), the more than 1,100 members of the Williamson County Association of REALTORS (WCAoR) and the Home Builders Association (HBA) of Greater Austin. Caxton Publications, Inc.© dba Realty Line of Austin is an active member of the Austin Board of REALTORS®, the Williamson County Association of REALTORS® and is a honorary member of WCR. Caxton Publications, Inc.© dba Realty Line of Austin is not responsible for opinions or facts expressed by non-staff writers or for errors and any by-products in advertising or editorial copy. REALTOR® is a registered trademark. The word REALTOR® sometimes appears in this publication without the registered trademark symbol (®), for the purpose of saving space. Wherever the word REALTOR® appears in this publication, the registered trademark should be assumed.
Doren L. Carver
PUBLISher
Tawanna K. Carver
MANAgINg edITOr Stacy Stroud
CONTrIBUTINg wrITer Linda McNabb
CONTrIBUTINg edITOr/wrITer/PhOTOgrAPher COLUMNISTS
John Horton, ABoR Chairman Steve Zbranek, HBA President J. Rene Ward, WCAoR President Cheryl Jenkins, WCR President Tom Berry, Gracy Title
P. O. Box 81366, Austin, Texas 78708 Office: (512) 821-1900 www.realtylineonline.com
A PUBLICATION OF CAXTON PUBLICATIONS, INC.©
Erin Harrell of First American Title and Michael Harrell of Keller Williams Realty cool off by the pool during First American Title’s company picnic.
WCAoR president J. Rene Ward of Best Agents in Texas introduces herself to Dr. Charles Schwertner, Republican candidate for Texas State Representative for District 20.
September 2010
realty line of Austin
Austin Board of REALTORS®
Chairman’s Column John Horton
n
2010 Chairman
served on a first-come, first-served basis, so
ment by e-mail at government@abor.com or
I recommend you contact Shirley Williams
by phone at 454-7636.
in ABoR’s Education Department by phone
Purchase Your Ticket and Spread Your Professional Wings at Realty Round Up 2010
at 454-7636, ext. 1603 or by e-mail at
HiT THE GREEN FOR TREPAC THiS OCTOBER
swilliams@abor.com today to learn more about opportunities remain. Visit City Hall This October Do you want to help the voice of the REALTOR® Party resonate throughout City
I
t’s time to tee up again for the Texas Real Estate Political Action Committee (TREPAC) and show your sup-
port for the REALTOR® Party. Set for Oct. 18 at the Grey Rock Golf Club, located at 7401 Highway 45 in Austin, the golf tournament is a great way to show your competitive spirit through a challenging round of golf, while supporting TREPAC and the issues important to REALTORS®.
installation Sponsorship Deadline October 1 Themed “Members First, Member-Driven,” this year’s annual Installation and Awards ceremony has a new twist. Instead of a traditional evening gala, Installation will be held as a brunch event on Friday, Dec. 3 from 8:30 a.m. to 11:30 a.m. at the Austin Country Club, located at 4408 Long Champ Drive in Austin. Those in attendance will have the opportunity to celebrate
The registration fee for each player is $99.
the installation of ABoR’s 2011 Chairman of
Included with your registration is a breakfast
the Board Judith Bundschuh, as well as the
buffet, 18 holes of golf, goodie bag and lunch.
other officers and directors.
Practice begins at 7 a.m. with registration and
Drawing real estate professionals from
breakfast starting at 8 a.m. The official tee
across Austin, Installation provides unique
time for the tournament is at 9 a.m. Sign
up
online
by
sponsorship opportunities that fit every visiting
budget. Packages include ticket(s) to the
www.abor.com/events/golf.cfm. All pro-
event, gift bag promotion opportunities,
ceeds from the October tournament will go
recognition in the event program and more.
towards the 2011 TREPAC fundraising
An unlimited number of the Bronze ($300)
year.
and Gold ($1,000) sponsorships are avail-
For
more
information,
contact
ABoR’s Government Affairs Department
able, while a limited number of Platinum
by e-mail at government@abor.com or by
($2,500) and Mega ($5,000) sponsorships
phone at 454-7636.
may still be available. Sponsorships are re-
3
www.realtylineonline.com
ABoR’s annual trade show, Realty Round Up, is right around the corner. Have you purchased your ticket yet? I recommend you
do
so
by
visiting
www.Abor.com/events/roundup.cfm today! Costing $15 each, a ticket to Realty
Hall? Consider joining ABoR for the City
Round Up provides you access to all of the
Hall Legislative Visits on Oct. 5 and 7. ABoR
day’s festivities, including all education ses-
will visit the Austin City Council to express
sions and a keynote presentation by Dr. Jim
its support and concerns for specific local is-
Gaines, Research Economist with the Real
sues that may affect REALTORS®, the real
Estate Center at Texas A&M University.
estate industry and homeowners. You must
The trade show will take place on Oct. 27
be an ABoR member and TREPAC investor
at the Austin Convention Center, located at
to participate in these visits. As a TREPAC
500 E. Cesar Chavez Street. Registration
investor, you’ve already shown your inter-
opens at 8:30 a.m., while the Exhibit Hall
est in supporting the REALTOR® party and
will remain open from 10 a.m. to 4 p.m. Ed-
the issues of concern for our industry.
ucational programs begin at 10 a.m., and Dr.
Signing up for the City Hall Legislative
Gaines’ keynote will take place from 11 a.m.
Visits is easy. Simply fill out a brief applica-
to 12 p.m. A complete schedule of events is
tion online at www.Abor.com/gov_af-
available
fairs/cityhall. After you sign up, an ABoR
www.Abor.com/roundup.
staff member or government affairs volun-
online
at
For questions regarding Realty Round
teer will contact you with more information
Up, contact ABoR’s Trade Show coordinator
regarding the visits. For more information,
Gina Willemsen by phone at 454-7636, ext.
contact ABoR’s Government Affairs Depart-
1601 or by e-mail at roundup@abor.com. RL
Subscribe to our Calendar of Events
www.realtylineonline.com
4
www.realtylineonline.com
realty line of Austin
September 2010
Jeanne Butterfield, center, of RE/MAX Austin Associates, joins Beth Gatlin, left, and Vicky Harris, both of ABoR, at the TREPAC wine tasting event at Central Market.
Diane Kennedy of Coldwell Banker United REALTORS and her husband Scott Kennedy stroll in the common area at Barton Place during a property tour that the ABoR Foundation hosted.
Sheri Brummett of Coldwell Banker United REALTORS, guest Mickey Giles, Heather Cooke of Texas American Title and guest J.C. Shore attend the fun Private Party 2010 at El Arroyo. Debbie Horridge of HBA and Curtis Hausmann enjoy a happy hour hosted by the Home Builders Association of Greater Austin at the Factory Builders Stores. Debbie is the HBA’s membership director.
September 2010
realty line of Austin
www.realtylineonline.com
The KB Kronicle SEPTEMBER 7, 2010
KBHOME.COM
512-651-8059
TWO DAYS ONLY! SATURDAY, SEPTEMBER 18 AND SUNDAY, SEPTEMBER 19 BRING YOUR CLIENTS IN FOR THE BEST PRICES ON QUICK-MOVE-IN HOMES!
KB Home Appreciates YOU! (Right) Rachel Wang, with JB Goodwin, enjoys some chocolate cake before the Realtor Treasure Hunt at KB Home’s McKinney Heights community.
(Left) Kevin McCarthy, with Zip Realty, enjoys some Rudy’s BBQ in the new KB Home conference room following the Zip Realty District Meeting.
Spotlight Community of the Month
(Above) Lonnie Laird, with Zip Realty, receives his appreciation award from Colette Fitzgerald, KB Home Realtor Liaison, which was given to Zip Realty agents at their recent District Meeting hosted by KB Home.
Waterleaf in Kyle From the $110s • 1,109~3,728 sq. ft. • 4 model homes • 36 floor plans • 1~and 2~story homes • 3~6 bedrooms • 2~4 baths • ENERGY STAR qualified homes • 4-acre community park includes swimming pool, sand volleyball and basketball courts, playscape and gazebo • Hays CISD Waterleaf is conveniently located off of FM 150 just east of IH-35. This master planned community has a 20-acre public park with baseball and soccer fields, jogging and hikTo Visit KB Home at Waterleaf: From I-35, exit FM 150 and head east 3 mi. to community on left. ing trails and playgrounds. 512-262-2117
Need a sponsor for an upcoming meeting or event? Need a space to hold your next meeting, class, or event? KB Home is always looking for opportunities to work together with our local Realtor partners. Please contact Colette Fitzgerald, KB Home Broker/Realtor Liaison at cfitzgerald@kbhome.com, 512-651-8059, for more information!
5
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www.realtylineonline.com
realty line of Austin
September 2010
Berry Cox relaxes by the pool at the Keller Williams Realty SWMC end of summer/beginning of school bash.
Jim Weems and Jerry Winnett, both of The Winnett Group, join Bryan Rome and Debbie Sheppard Thrush of Coldwell Banker United REALTORS at the grand opening in Flintrock Falls.
Tom Richardson and Pat Richardson set sail on a three-hour tour of Lake Austin to celebrate the partnership of RE/MAX Austin Associates and Avalar 360.
September 2010
realty line of Austin
Williamson County Assoc. of REALTORS®
President’s Column J. Rene Ward
n
2010 President
G
REEN isn’t just a color in the
the following ways to make your (and your
spectrum between yellow and
client’s) home more energy efficient:
blue; it isn’t a label or a certifica-
1. Make sure your walls and attic are well
tion; it’s a state of mind that changes behav-
insulated. Effective insulation slows the rate
ior
an
that heat flows out of the house in winter or
environmentally and socially conscious way.
into the house in summer, so less energy is
and
makes
us
think
in
National Association of REALTORS
required to heat or cool the house.
(NAR) research has consistently shown that
2. Upgrade or replace windows. If your
there is a considerable and growing market
windows are old and leaky, it may be time to
for GREEN building and many of today’s
replace them with energy-efficient models or
consumers want homes and communities
boost their efficiency with weather stripping
that are sensitive to the larger environment.
and storm windows. It is almost never cost-
7
frared radiation that would warm the house,
your home and recommend the most cost-ef-
while in winter the bare branches let this ra-
fective measures to improve its comfort and
diation come through. 4. Replace incandescent light bulbs with
WHAT DOES “GREEN” MEAN TO YOU?
www.realtylineonline.com
efficiency, as well as the best sequence for doing them to take advantage of interactions.
compact fluorescent lamps. CFLs can save
So as REALTORS, what’s our role? What
three-quarters of the electricity used by in-
can we do to prepare for the new GREEN
candescent. Most people don’t think about
standard?
the fact that the electricity to run a light bulb
• Take courses to learn more about home
costs much more than the bulb itself. One of
building and remodeling features that im-
the new CFLs costs about two or three dol-
prove energy efficiency, indoor air quality,
lars, but it lasts 10,000 hours and uses only
water efficiency, and other green initiatives.
about 27 watts to generate as much light as a
• Earn NAR’s GREEN designation, thus
100-watt incandescent bulb. 5. If you buy a new refrigerator, don’t leave the old one plugged in. Avoid the temptation to use the old fridge as a backup
preparing you to help consumers and clients understand and properly market energy and resource efficient properties. • Learn what homeowners can do to take
for party supplies and liquid refreshment.
advantage of a number of tax credits for proj-
The extra storage space will cost you: figure
ects like window and door replacements,
an extra $50–150 per year in electricity to
heating and cooling improvements and solar
keep that older fridge running. In contrast,
energy systems that improve their home’s
the new fridge, particularly if Energy Star
energy efficiency.
rated, may cost only $30–60 per year to run
• Go to www.greenresourcecouncil.org
because refrigerator efficiency has improved
or www.wcaorgreenexpo.com for more re-
so much in the past three decades.
sources and information for REALTORS.
Many of our local REALTORS have always
effective to replace windows just to save en-
been concerned with improving our commu-
ergy. According to EnergyStar.gov, replacing
6. Take advantage of new tax incentives to
• Come to the GREEN Expo at the Dell
improve your home. Federal tax incentives
Diamond on Oct. 2, from 10 a.m. to 5 p.m.
nities through smart growth, economic de-
windows will save seven to 24 percent of
are available through the American Recovery
Tickets are $5 for adults and children under
velopment, workforce housing and other
your heating and air-conditioning bills, but
and Reinvestment Act of 2009. Energy effi-
12 are FREE.
quality of life issues.
the larger savings would be associated with
ciency incentives for upgrades to existing
• Present this coupon
replacing single-glazed windows.
homes have been extended, and are now
at the entrance and get
As GREEN building issues become more important to buyers, sellers, and communi-
3. Plant shade trees and shrubs around
available for 2010. These incentives now
$1 off price of admis-
ties, we will start seeing more and more
your house. If your house is older, with rela-
cover up to $1,500 (from $500), based on 30
sion. Feel free to make
codes that mandate better performing, more
tively poor insulation and windows, good
percent of the cost of the improvement.
copies.
energy efficient homes.
landscaping (particularly deciduous trees)
7. Schedule an energy audit for more ex-
If you have other
Harvey Sachs of the US GREEN Building
can save energy, especially if planted on the
pert advice on your home. Energy auditors
GREEN ideas, please send them to us. We’ll
Council says a house is a system and suggest
west side. In summer, the foliage blocks in-
use specialized tools and skills to evaluate
post it on our Web site. RL
7(;$6
*(7 ,7 62/' :,7+ 5( 0$; (DFK 2IÀFH ,QGHSHQGHQWO\ 2ZQHG DQG 2SHUDWHG
8
www.realtylineonline.com
realty line of Austin
September 2010
Sheri Watts of First American Title and guest Gael Slawik chill by the pool during the company picnic at the House on the Hill.
Jamie Goss and Penny Green, both of Willow Bend Mortgage, join the activities of table top sponsors at Spotlight Austin, the Patten Law Firm’s event at Westwood Country Club.
Steve Holland, Terronald Logan, Chris Gunn, Stefanie Fieldcamp, Carter Williams and Kristen Williams, all of Keller Williams Realty SWMC, are all having fun in the sun at the company’s end of summer/beginning of school bash.
Valerie Simondet of Coldwell Banker United REALTORS goes through information at the top producers panel so she will be ready to ask questions at the Spotlight Austin event that Patten Law Firm hosted at Westwood Country Club.
Looking to hang your hat elsewhere? Supreme Lending of Austin is looking for well-qualified Mortgage Professionals. Supreme Lending has all the tools that you will need to be successful in today’s changing market place. On-site Underwriting and Processing If you want to join a winning team and find out more information about this opportunity, call 512-279-1150 or e-mail John.McClellan@SupremeLending.com
Listen to the radio show “The real estate Zone” every Sunday 11 to Noon on News radio 590 KLBJ and 99.7 FM FhA • VA • Conventional • USdA
September 2010
realty line of Austin
www.realtylineonline.com
9
Sherri Teepen and Susie Rodgers, both of Keller Williams Realty, gather with other CRS members for the organization’s quarterly luncheon at Westwood Country Club.
Penny Payne, Jim Schlegel and Carole Andree, all of RE/MAX Austin Associates, head out from the Hula Hut for a dinner cruise. They were celebrating the company’s partnership with Avalar 360.
John McClellan, right, of Supreme Lending chats with Goodwin Management’s Kevin Bown and their listeners during their radio show.
ABoR Foundation “Friends” were ready to give guests a tour of Barton Place. Katie Osborne of Full Moon Design Group, April Downey of Independence Title, Lilli Dominy of Quick Assist Services, Alisa LeBlanc of North American Title and Leslie Brvenik of Austin Title.
10
www.realtylineonline.com
September 2010
realty line of Austin
Sheri Davis, Helen Edwards and Karen Michalik, all of Coldwell Banker United REALTORS, attend graduation after completing Floyd Wickman training.
Scoti Watson and Carson Gallagher, both of Keller Williams Realty, check out the Barton Place condominiums during a property tour the ABoR Foundation hosted.
Sheri Brummett of Coldwell Banker United REALTORS and June Cooper of Cooper Realty don their all access passes at the Private Party 2010 at El Arroyo downtown.
Austin Area Market Update from your friends at Gracy Title
New N ew LListings istings vs. vs. Sales Sales 2008 2008 - 2010 2010 Sales Sales
New New LListings istings
5,000 5,000 Source: Source: Texas Texas A A&M &M Real Real Estate Estate Center Center
4,500 4,500
4,000 4,000
3,500 3,500
3,000 3,000
2,500 2,500
2,000 2,000
1,500 1,500
1,000 1,000
500 500
0
Jan-08 Jan-08 Mar-08 Mar-08 M May-08 ay-08 Jul-08 Jul-08 Sep-08 Sep-08 Nov-08 Nov-08 Jan-09 Jan-09 M Mar-09 ar-09 M May-09 ay-09 Jul-09 Jul-09 Sep-09 Sep-09 Nov-09 Nov-09 JJan-10 an-10 M Mar-10 ar-10 May-10 May-10 JJul-10 ul - 10
For more market information, please contact one of our sales executives.
www.gracytitle.com
September 2010
realty line of Austin
www.
www.realtylineonline.com
.com
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September 2010
realty line of Austin
Jennifer Corvino has joined our team! SWBC Mortgage Corporation is pleased to announce that Jennifer Corvino has joined The Breed Team as our Senior Processor and Operations Manager. Already well known in the Austin real estate community for her excellent customer service, Jennifer is excited to be part of our successful team. In her new role, she will enhance our exceptional service by ensuring continued smooth transactions for both buyers and our valued real estate partners. Give Jennifer a call; she’ll be glad to hear from you!
Jennifer Corvino Sr. Processor & Operations Manager SWBC Mortgage—Breed Team 7000 North Mopac, Suite 305 Austin, TX 78731 (512) 531-1805 NMLS# 305157
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W W W . R E A LT Y L I N E O N L I N E . C O M
September 2010
realty line of Austin
HBA of Greater Austin
www.realtylineonline.com
President’s Column
tions have been completed, you have war-
Steve Zbranek
the site has been cleaned.
n
ranties for materials and workmanship and
2009-10 President
BEWARE! If a remodeler does any of the • Sells door-to-door. street” or “in the neighborhood.” • Claims to have material left over from
B
Home Builders Association of Greater Austin
modelers Council (AARC) of the
and Better Business Bureau.
Home Builders Association (HBA)
Resources
modeling professionals. To find a Better Business Bureau in your area at, go to: www.bbb.org. RL
3. Compare remodelers.
of Greater Austin says finding the right
Make sure the remodeler does the kind of
skilled help for a remodeling project requires
work you are looking for and how long they
more than just opening the phone book or
have been in business. Are they Nationally
surfing the internet. Unfortunately, there are
Certified? Do they participate in continuing
bogus home remodeling contractors and
education? Are they affiliated with a profes-
handymen who will take your money and
sional trade association?
run. So, before hiring a remodeler, do your
4. Get estimates.
homework and check them out. Here’s what
Meet with at least three remodelers to discuss the job you want done and your budget.
you need to do before hiring a remodeler.
• Accepts only cash or wants you to pay
Visit www.hbaaustin.com for a list of re-
• Says they are doing work “up the
ill McHugh, chair, Austin Area Re-
another job. for the entire job up front.
following, it could be a scam:
AUSTiN AREAS REMODELER COUNCiL ON HiRiNG A QUALiFiED REMODELER
13
1. List the things you want to have done.
The estimate should detail the material and
Think about the changes you want to make
labor charges, the start and end date and the
to your home. Write down exactly what you
total cost.
Leonard Guerrero of JB Goodwin REALTORS joins Toni Dudley, Carrie York and Bill Evans, all of Austin Real Pros, as they support TREPAC at Central Market, where ABoR held its annual wine tasting event.
5. Put it in writing.
want the remodeler to do. 2. Get recommendations from family and
Verify that everything you agreed to is in writing. Don’t approve any plans unless you
friends. Find out if they were satisfied with the re-
understand them. Never sign a contract with
modeler, the work, the price and the time it
any blanks in it and get a copy of everything
took to get the job done and if they would
you sign.
use that remodeler again. Once you have a list of names, do some research on them. Contact your local Remodeler Council at the
Subscribe to our Calendar of Events today.
6. Don’t pay the final bill until all the work is completed and you are satisfied. Make sure any necessary building inspec-
ww w. rea ltyline online . com
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“I would give your credit scoring class a 10! I think this course is a MUST!” — Vickie Boozer, CRS, GRI, ABR, e-Pro, REALM Professionals
14
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September 2010
realty line of Austin
Heather Cooke, left, of Texas American Title and Jonathan McEowen of Platinum Realty are interviewed at the Private Party 2010 at El Arroyo.
Terry Godbold of Reliable Property Management and Dolise McClure of Realty World Neal Barnes and Associates sell tickets to the TREPAC wine tasting event at Central Market.
Diana Maldonado, center in purple sweater, of the Texas House of Representatives takes time to meet with the board of directors of the Williamson County Association of REALTORS at the candidate meet and greet. Jason Klam of First American Title takes great care catching a water balloon during the company picnic at the House on the Hill.
3DWWHQ /DZ )LUP V
Patten Law Firm A Closing Office for Texas American Title Company
Raising the Bar for Closing Services
September 2010
realty line of Austin
Women’s Council of REALTORSŽ
President’s Column Cheryl Jenkins
n
2010 President-elect
DiSCOVER THE WCR DiFFERENCE!
T
he Fall season is upon us. The kids
to share their expertise using video. You’ll
are back to school and cooler
learn tips to help you generate real results
weather is on the way. It’s time to
and encourage people to take action. Go to
refocus and get back to business. What has
15
www.realtylineonline.com
able, so reserve your seat early. The cost is
couragement or advice that impacts you and
only $25. This includes your seat on the bus,
your business. Leaders are not always the
breakfast for the ride there and snacks for the
people at the head table, although they have
ride back. More information is available at
definitely stepped up to the positions. At
www.austinwcr.org.
WCR we have leaders that have volunteered for the Executive Board, committee chairs
We Need You!
and committee members. WCR 2011 plan-
A leader is one who knows the way, goes
ning is well underway. If you have sugges-
the way and shows the way. Not all leaders
tions, great ideas and time, please consider
are born with the gift of leadership. Most
volunteering for a committee. Each person
leaders acquire these skills through life expe-
possesses knowledge and expertise that is in-
riences. A leader can be sitting beside you at
valuable to our organization. Join us and
a meeting or event. They may give you en-
Make a Difference! Are You Ready? RL
www.wcr.org to reserve your spot today.
been left undone in your 2010 business plan?
Join us on Sept. 23 to hear from Mark
What does your 2011 business plan look like?
Jones with the Texas Department of Trans-
Are you looking for new marketing tools to
portation. Our subject is “What’s Happening
add to your arsenal?
with Our Roads That You Should Know
WCR offers a way to take advantage of
About.� This will be great information for us
webinars that are a convenient and cost-effec-
as REALTORSÂŽ and for our clients. Our
tive way to keep on top of a rapidly evolving
meeting will be held in the ABoR Audito-
industry. From the convenience of your home
rium. Please RSVP today. Be sure to keep your eyes and ears open
or office (or anywhere you have internet access), you can join in to one of our upcoming
for our very special WCR Membership Ap-
education sessions to learn from top profes-
preciation in November. Plans are under way;
sionals in the real estate field.
it will be something you don’t want to miss!
Our next webinar, “Viral Videos and Mul-
More details soon! This will be our last regu-
timedia Messaging" is on Tuesday, Oct. 19,
larly scheduled Business Resource Meeting
2010, 3:00 p.m. CDT. Dominate your online
for the year, so you don’t want to miss it!
niche by producing viral videos that offer
Back by Popular Demand — Holiday
value to customers, enhance client service
Shopping Bus Trip to Fredericksburg. We are
and repeat referrals. This online event will
planning to travel to Fredericksburg just in
demonstrate multiple high-touch low-tech
time to start our holiday shopping. Our bus
media solutions that enable real estate agents
trip will be Dec. 1. There is only 40 seats avail-
A recent grand opening in Flintrock Falls brought together Owen Talbot, Jan James of Independence Title, Jerry Winnett of The Winnett Group, Tim Dalton of The Winnett Group, Bryan Rome and Carla Gerlich of Capital City Sotheby’s.
Subscribe to our Calendar of Events today. ww w. rea ltyline online . com
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realty line of Austin
September 2010
Hil Stroup, center, of Texas American Title welcomes Harlan Cooper and June Cooper, both of Cooper Realty, to the Private Party 2010 at El Arroyo.
Shara Parker of Austin Real Estate Partners and Mark Hairston of Mortgage IQ have some fun supporting TREPAC at the annual wine tasting at Central Market.
REALTOR Marcy Ringstaff of Smart Source Realty in Cedar Park wins an LED TV from the Time Warner Cable Partner Program, after referring numerous new homeowners to the company for their entertainment needs.
September 2010
Realty Line of Austin
Associates In Progress
Advertiser Profile By Stacy Stroud
www.realtylineonline.com
17
and that means knowing the guidelines inside and out.� Because Mission Mortgage processes, underwrites, and closes loans entirely in-house, RealtoRs and their clients have a single point of contact for the loan process and are more informed at every step.
M
ission Mortgage has a long his-
Mission Mortgage currently has offices in
When the lender, the Real-
tory of delivering excellent serv-
austin, lakeway, sealy and Houston. the Mis-
toR, and the borrower all
ice to RealtoRsÂŽ, builders,
sion team specializes in jumbo loans and con-
have realistic expectations and
developers, investors and their clients. leigh
dominiums (projects are approved in house),
direct access to the right tools
ann McCoy, founder and company president,
and is on the leading edge of using technology
and information, the lending process goes
maintains that being knowledgeable is the key
to keep RealtoRs and their clients armed
smoothly and last minute surprises are
to success in today’s market whether you’re a
with the latest information. through educa-
avoided, McCoy explains. Mission Mortgage
Leigh Ann McCoy President
lender or real estate professional. “survival in
tional seminars and MCe classes, social media,
strives to eliminate the unexpected by having
prove a borrower’s loan, they pledge to have an-
this industry is impossible if you don’t stay up-
event sponsorship, personalized eNewsletters,
knowledgeable, experienced loan officers on
swers quickly, and even if the news is not good,
dated about the lending process, because it’s con-
the Mission Blog, and deluxe virtual tours of
staff, most of whom have been with the com-
they promise to provide a thorough explanation
stantly changing,� says McCoy.
luxury homes, they strive to help RealtoRs
pany between 10 and 20 years.
that RealtoRs can take to their client.
education and awareness of the latest — almost weekly — changes to lending guidelines
increase their knowledge and exposure in this competitive market.
In addition, Mission Mortgage is proud to
as dedicated to the austin community as to
have notable economist and market expert Mark
their customers, the company is both a Habitat
are critical to managing and meeting the ex-
Being austin-based is definitely a plus.
sprague on staff to provide analysis and guid-
for Humanity partner and a friend to local artists.
pectations of homebuyers. By staying on top
the experienced loan officers at Mission
ance. His expertise helps the team stay informed
the Gallery at Mission Mortgage showcases ex-
of these important details and sharing them
Mortgage understand the austin market —
of the important changes to the financial land-
hibits for a different local artist every three
with RealtoRs, Mission Mortgage helps
they know the subdivisions, and they know
scape, the real estate economy, and the legislative
months, and hosts an invitation-only reception
agents provide top quality service and advice
what sells to investors. a good understand-
initiatives that impact the industry. Mission
where a donated piece of artwork is auctioned
to their clients. since 1981, McCoy’s locally
ing of both the market and the appraisal
Mortgage gladly shares Mark’s insight with
off in support of a local charity. the goal for the
owned, full service mortgage banking com-
process can make all the difference, espe-
agents throughout the community offering lec-
gallery is to support local artists and charities as
pany has provided processing, underwriting,
cially now, when guidelines are strict and
tures and a weekly newsletter aimed at decipher-
well as enhance the beauty of the working envi-
closing, and funding in-house from their
flexibility in financing is at a minimum.
ing the events that impact our area and the
ronment. this quarter’s installation features the
nation as a whole.
vibrant and compelling art of Jared Dunten and
austin offices. Mission Mortgage’s ability to
“We may be selling these loans to investors
underwrite loans up to $1 million in house has
in places like Michigan or Florida where the
“our RealtoR partners know we’re going
benefits the Will Walk Foundation. the Gallery
major advantages — the first being that it al-
market isn’t doing nearly as well,� says McCoy.
to take care of them,� says McCoy. “We believe
at Mission Mortgage opens periodically for pub-
lows them to offer more expedient, personal-
“so you’ve got to be able to explain your
in transparency and open lines of communica-
lic viewing. to learn more, visit the Mission Blog
ized service to their clients and customers.
$75,000 view adjustment. Presentation is critical,
tion.� Whether or not the company is able to ap-
at missionmortgage.wordpress.com. RL
Our Crew is Here to Help You!
1HU 1HTLZ
)YHUJO 4HUHNLY ,ZJYV^ 6MMPJLY
7O`SSPZ (]LY`
:LUPVY ,ZJYV^ 6MMPJLY
-LYYLL 9OVKLZ ,ZJYV^ 6MMPJLY
4LSPUKH *HYYVSS )\ZPULZZ +L]LSVWTLU[
3HRL^H` )YHUJO 99 : :\P[L (\Z[PU ;L_HZ 6MMPJL!
18
www.realtylineonline.com
September 2010
Realty Line of Austin
Making Loans Across Texas
19 Locations in 10 Cities FNMA Seller Servicer FHA/VA Delegated 100% Locally Owned & Operated
AmeriPro Funding In Austin we are known as Land Mortgage, everywhere else in Texas we are Ameripro Funding. We offer an incredible mortgage banking platform with the capital, technology, and operational capacity to deliver the best quality to clients and referral partners. Every month originators decide to move their businesses to not only the best mortgage bank in Austin but in Texas. To learn more visit our website: www.ameriprofunding.com.
The Right Lending Partner Every business is unique and to have your business grow you need a strategic partner who can handle any situation. Since 2003 our award winning team has grown the right way - great people, sound principles. We execute the fundamentals and exceed expectations everyday. By simply doing what we do best - close & fund loans - our experienced team ensures your business can succeed. To learn more call today.
A New Era In Mortgage Banking www.landmtg.com 8300 N. MOPAC • Suite 225 • Austin, TX • 78759 • 512.335.5300 • NMLS #131699
September 2010
Realty Line of Austin
www.realtylineonline.com
The Broadhurst Group is very pleased to announce that we have chosen Ameripro Funding as our new home. As of August 11, 2010, we are basing all of our operations out of our new offices located at Ameripro Funding - 8300 N. MOPAC, Suite 225, Austin, Texas 78759. As a recognized leader in our industry both locally and nationally, the Broadhurst Group has always been very careful in making the best possible affiliations so that we may deliver the highest level of service to you: our clients, friends, and referral partners. To that end, we selected Ameripro based on the following criteria: Integrity, reputation and character of leadership Clarity of company vision, mission, and core values Financial strength and commitment to making investments and adjustments in a changing lending landscape, as well as surviving market fluctuations Commitment to customer service and the ability to blend our systems with existing company systems The entire team, Tim Broadhurst, Dan Reagan, Shannon Smith and Yolanda Cantrell, made a unanimous decision to join Ameripro Funding because we felt this great organization and its leadership gave us the optimal platform from which to serve you. If you’re in the neighborhood, please feel free to stop by our new offices, we would love to show you around the new space. We look forward to continuing our relationship with you. Tim Broadhurst & Dan Reagan
New Contact Information Tim Broadhurst NMLS #208158
Dan Reagan NMLS #208161
512-637-8504 Office tbroadhurst@ameriprofunding.com
512-637-8506 Office dreagan@ameriprofunding.com
www.timbroadhurstgroup.com
www.danreagangroup.com
8300 N. MOPAC • Suite 225 • Austin, TX • 78759 • 512.335.5300 • NMLS #131699 • www.ameriprofunding.com
19
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www.realtylineonline.com
Realty Line of Austin
September 2010
September 2010
Realty Line of Austin
www.realtylineonline.com
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Š 2010 P Private rivate Lab Label el R Realty ealty Ž, A Allll R Rights ights R Reserved eserved
21
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www.realtylineonline.com
Realty Line of Austin
September 2010
SHOW OUR NEW HOMES AND YOU’LL HAVE SOMETHING TO SHOW FOR IT.
Ruby Johnson, Michael Neuman and Marie Dang Schwartz, all of Realty Executives, attend the Women’s Council of REALTORS mixer at the Urban American Grill at The Domain to meet the organization’s new officers.
Now, each time you register a new, qualified prospect at the Steiner Ranch Welcome Center, you will receive a $20 Gift Card to Nordstrom. The more you show, the more you collect! And the best part of all, these cards never expire. Call or visit the Welcome Center for details and start eyeing that new pair of shoes! Showing your clients new construction in Steiner Ranch is always in style.
Diane Gomez, right, of RE/MAX Austin Associates and Donna Bradford bid on silent auction items at the annual TREPAC wine tasting at Central Market.
Homes from the $250’s to $3+ million Welcome Center: 512-266-5833 or 800-783-4640 For more information, visit www.steinerranch.com
Builders: Taylor Morrison, Drees Custom Homes, Highland Homes, Monterey Homes, Sendero Homes, Partners In Building Custom Homes: Affinity Homes, Randy Rollo Homes, Echelon Homes. Information contained within this advertisement is correct at the time of publication and subject to change. In order to receive gift card, Realtor must accompany prospect into the Welcome Center on first visit.
Elaine Garner, Mary Lynne Gibbs and Lindsay Kelley, all of Keller Williams Realty, check out the features at a recent model home open house in Flintrock Falls.
September 2010
Realty Line of Austin
www.realtylineonline.com
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www.realtylineonline.com
Realty Line of Austin
September 2010
Douglas Byron of Avalar 360, Mark Minchew of RE/MAX Austin Associates and Richard Filip, chief executive of RE/MAX of Texas, celebrate the partnership of Avalar 360 and RE/MAX Austin Associates with a dinner cruise on Lake Austin.
Sandy Barr and Denise Arndt are among the latest graduates of the Floyd Wickman training at Coldwell Banker United REALTORS.
Kim the lifeguard shows how to cool off on a hot day at the House on the Hill, where First American Title held its annual summer picnic.
September 2010
Realty Line of Austin
Experts Speak Out
Commentary Tom Berry
n
Gracy Title
Avoiding pitfAlls in the short sAle Addendum
Conversely, agents representing the Buyer
tracts that contain no contact in Paragraph 21 of the tReC promulgated form. Because the
out too much, as it impacts their Buyer’s abil-
contract calls for all notices (termination,
ity to walk away and retain their earnest
lienholder agreement and Consent from the
money.
short sale addendum, etc.) to go from party
Further, the other areas of required per-
Paragraph 21, a blank in this paragraph cre-
triggered until the seller provides the Buyer
ates a significant issue for the title company
date until notice of consent and approval is
o
that is a continuous question for
Consent and agreement (amended effective
buyers, sellers and real estate
Date).
professionals is section D of the tReC prom-
so what does this mean? as is the case with most negotiable notice periods in the
ulgated short sale addendum. as is the case with many areas of contin-
contract, the seller and Buyer have compet-
gency, the short sale addendum provides
ing interests when it comes the agreed upon
for a negotiable notice period related to lien-
time period.
In other
Based upon the unpredictable nature of
words, the short sale addendum calls for the
short sale approvals from the underlying
buyer and seller to agree to a finite time for
lienholder (seller’s lender), agents represent-
the seller to notify the buyer of the lien-
ing the seller are necessarily going to push
holder’s approval of the proposed contract.
for the longest notice period they can in an
the language of section D reads as follows:
effort to protect their client’s interests. the
holder consent and agreement.
“If seller does not notify the Buyer that
language in this section clearly puts the onus
seller has obtained lienholder’s Consent
on the seller to proactively provide notice to
before
the Buyer. Failure to do so automatically ter-
_______________________, this contract ter-
minates the contract and refunds earnest
minates and the earnest money will be re-
money to the Buyer. a title company still
funded to Buyer (my emphasis). seller must
needs a signed Release of earnest Money
notify Buyer immediately if the lienholder’s
form in order to release the earnest money.
and
agreement
on
or
Consent and agreement is obtained. For
this form must be executed by all parties so
purposes of performance, the effective date
that it is clear there were no amendments
of the contract changes to the date the seller
made during the short sale negotiations.
to party via the contact method outlined in
formance within the contract are not actually
words, the effective date is not tHe effective
provides Buyer notice of the lienholder’s
25
are not inclined to extend this notice period
notice of the lienholder’s consent. In other
ne area of short sale transactions
www.realtylineonline.com
provided to the Buyer. one way of looking at this is that the entire contract hangs in a sort of limbo unless and until the seller provides notice of consent to the Buyer. the reasons for this are self-evident. Because short sale transactions involving a willing seller and a willing Buyer cannot proceed without the say so of a third
in determining whether notice has been given, and whether we can release earnest money without requiring a signed release from both parties. Whether you are representing a seller or a Buyer in a potential short sale transaction, pay particular attention to section D of the short sale addendum, as the time period negotiated must be carefully considered to provide both parties adequate protection and
party (the lienholder(s)), the enforceability of
ability to proceed with the transaction. on a
areas of performance within the rest of the
related note, careful attention to the simple
contract must be suspended, pending that
task of providing accurate contact informa-
approval.
tion for both parties in Paragraph 21 of the
Notice is a critical component of this ad-
tReC Residential Resale Contract can avoid
dendum, and that raises another important
unnecessary, wasteful disputes about the
issue. We consistently receive executed con-
provision of required notices. RL
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26
www.realtylineonline.com
September 2010
Realty Line of Austin
Rise Johns and Mary Ann Nations, both of Keller Williams Realty, catch up at the quarterly meeting for CRS members at Westwood Country Club.
The end of summer/beginning of school bash was a relaxing event that included Carole Martin, Linda Ramsey Dee Shultz, Kevin Ginsburg, Eric Copper and Kat Brooks. Kevin is with United Lending and everyone else is with Keller Williams Realty. Dee hosted the event.
Earl Hairston of ABoR’s governmental affairs, ABoR past chairman Jay Gohil and current ABoR chairman John Horton enjoy seeing a great crowd at the TREPAC wine tasting event at Central Market. Kimberly Russell of Coldwell Banker United REALTORS checks over assignments before the Floyd Wickman training class ends for graduation.
Texas American Title Company See what our clients are saying about Texas American Title’s professional experience, knowledge and going the extra mile to get the job done for you and your clients. “Texas American Title closed my last deal that could have turned into a nightmare. Summer Pavliska and Krystal Watts from the Cedar Park office went above and beyond their jobs and helped do their parts to save the deal. They have the best professionalism and kindness you could ever ask for. I can’t wait to have more closings with Texas American Title.”- Kari Bradfield - JBGoodwin Realtors “ I have been utilizing services from Texas American Title for over 10 years, and I feel that I am appreciated and my business is important to them. The service is Texas friendly, accurate, and I have always gotten quick answers to difficult questions! I will keep bringing my business to Texas American Title!” - Marianne Iamele - Coldwell Banker
Your Williamson County Team! Summer Pavliska - Account Executive Cedar Park Office 715 Discovery Blvd., Suite 205 Cedar Park, Texas 78613 Office 512-259-5950 Fax 512-259-0540 Mobile 512-577-5166 spavliska@texasamerican.com
Jim Goldrick - Account Executive Round Rock Office 1001 South Mays Round Rock, Texas 78664 Office 512-255-1550 Fax 512-255-2329 Mobile 512-699-5750 jgoldrick@texasamerican.com
TEXAS FRIENDLY. AMERICAN PROUD. WE KNOW TEXAS.TM
September 2010
Realty Line of Austin
www.realtylineonline.com
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Visit model homes for a free gift. Special teachers incentives† and $250 school donation on every home sold.††
A sister and a best friend. Two things every girl needs. Lexie has Sammie, the best little sister. Ever. But starting kindergarten gave her butterflies. Until at the splash park Lexie met Campbell. Her new best friend. Who also happens to be her new classmate at the exemplary rated Murchison Elementary.*
Lennar
When your clients learn the never ending stories of Falcon Pointe, it becomes more of a matter of “How soon can we move?” Let us help make the sale an easier one. Find more information about our three award-winning onsite schools and the perfect home for your clients at falconpointetx.com/schools
Homes in Pflugerville from the $150s • 1,516 - 3,919 sq. ft. Centerra Homes • D.R. Horton • Lennar • Meritage Homes
Newland Communities is the largest private developer of planned residential and urban mixed-use communities in the United States. We believe it is our responsibility to create enduring, healthier communities for people to live life in ways that matter most to them. www.newlandcommunities.com †
See builder for terms and conditions. • ††Falcon Pointe will donate $250 to PSID with every new home purchased now through October 31, 2010. • *Rating based on test scores and calculations by the TEA (Texas Education Agency). For specific information visit www.tea.tx.us. • This is not intended to be an offer to sell or a solicitation of offers to buy real estate in Falcon Pointe to residents of Connecticut, Hawaii, Idaho, Illinois, New York, New Jersey, and Oregon, or in any other jurisdiction where prohibited by law. Terrabrook Falcon Pointe, LP (‘Fee Owner’) is the creator of the Falcon Pointe Community (‘Community’). Certain home builders unaffiliated with the Fee Owner or its related entities (collectively ‘Newland’) are building homes in the Community (‘Builder(s)’). Newland is not co-developing, co-building or otherwise responsible for any of the obligations or representations of any of the Builders, and Newland shall have no obligations to any buyer regarding a home purchase from a Builder. Purchasers of homes from any of the Builders waive any claims against Newland arising out of their purchase transaction. No guarantee can be made that completion of the Falcon Pointe community will proceed as described. Prices, specifications, details, and availability of a builder’s new homes are subject to change without notice. All square footage is approximate. © 2010 Newland. All rights reserved.
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www.realtylineonline.com
Realty Line of Austin
September 2010
Becky Hopkins of Austin Title, Corrine Costabile of Keller Williams Realty and WCR presidentelect Cheryl Jenkins of Coldwell Banker United REALTORS attend the WCR mixer at the Urban American Grill at The Domain. The mixer was held to introduce members to the new officers.
Bambi Watson and Freshteh Kasari, both of Coldwell Banker United REALTORS, share a laugh after graduating from the Floyd Wickman training.
Eric Ables and his wife Angela set sail for a dinner cruise on Lake Austin to celebrate the partnership between RE/MAX Austin Associates and Avalar 360.
If you or your family needs any help with mortgage financing, please call or come see us at our new location:
The Komm Team Linda Komm, VP—NMLS #219050 James Barnes—NMLS #215987 Rhona Bogie—NMLS #222089 Emily Franke—NMLS #223977 Ann Jones—NMLS #221084 Danielle Norris—NMLS #221829
The Palmer Team Jim Palmer, VP—NMLS #216331 Jeff Engeling—NMLS #222024
The Avallon, Building 1 10415 Morado Circle, Suite 100 Austin, TX 78758
Terry Ripperda—NMLS #218625 Todd Lessig—NMLS #221302
866-766-5252 | 512-531-1800 swbcmortgage.com
September 2010
Realty Line of Austin
www.realtylineonline.com
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Helping to raise money for Any Baby Can at the CRS meeting are CRS membership director Hellena Frazier of JB Goodwin REALTORS, CRS member of the year Cynthia Reeder and Debbie Kelsey, both of RE/MAX Capital City.
Debra Cole, right, of John Horton Realty and her sisterin-law Rhonda Cole enjoy meeting with Patrick Rose, Texas House of Representatives District 45, at the TREPAC wine tasting at Central Market.
Christy Weeks of First American Title enjoys the moon bounce during company’s picnic at the House on the Hill.
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Realty Line of Austin
September 2010
Music M usic F Fest est
Mueller M ueller B Browning rowning Hangar Hangar
Thursday October 7, 2010
Brandy Finnessey, center, of Home City Real Estate, joins Lynn Bates, left, and Tiffany Stillwell, both of the Patten Law Firm, at the ABoR Foundation property tour at Barton Place.
Dewayne Naumann of First American Title and his wife, Theresa, sit in the shade at the First American Title company picnic which was held this year at the House on the Hill.
“Friends of the Foundation�
September 2010
Realty Line of Austin
www.realtylineonline.com
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Your clients can try Teravista on for size and live as a Teravista resident for a day. Golf, lunch, swim. Visit Teravista.com/TryIt for details.
Get your clients to move here. New friends will make them stay. When you show clients the real Teravista, helping them to move here becomes less of a decision and more of a foregone conclusion. Round Rock has become a vital part of the cultural capital of Texas. And Teravista’s Golf Club, with the breathtaking homes, make it impossible not to love. This makes your next sale a lot easier. Because the feeling your clients have is something they’ll share with all of their friends, especially the ones who don’t live here. Yet.
New homes from the $150,000s to the $350,000s • 1,534 - 4,570 sq. ft. Buffington Homes • CastleRock Communities • Centex Homes • D.R. Horton Lennar • Meritage Homes • Ryland Homes • Spicewood Communities • Wilshire Homes
teravista.com/TryIt
Newland Communities is the largest private developer of planned residential and urban mixed-use communities in the United States. We believe it is our responsibility to create enduring, healthier communities for people to live life in ways that matter most to them. www.newlandcommunities.com
*Access to, and use of, the Teravista Golf Club is not included in the purchase of homes or homesites and requires separate membership and membership requirements. NNP-Teravista, LP (‘Fee Owner’) is the creator of the Teravista Community (‘Community’). Certain home builders unaffiliated with the Fee Owner or its related entities (collectively ‘Newland’) are building homes in the Community (‘Builder(s)’). Newland is not co-developing, co-building or otherwise responsible for any of the obligations or representations of any of the Builders, and Newland shall have no obligations to any buyer regarding a home purchase from a Builder. Purchasers of homes from any of the Builders waive any claims against Newland arising out of their purchase transaction. No guarantee can be made that completion of the Teravista community will proceed as described. Prices, specifications, details, and availability of a builder’s new homes are subject to change without notice. All square footage is approximate. © 2010 Newland. All rights reserved.
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www.realtylineonline.com
Realty Line of Austin
September 2010
Diana Maldonado of the Texas House of Representatives visits with Christy Gessler of RE/MAX Capital City at the Williamson County Association of REALTORS offices. Christy is the organization’s treasurer.
Laura Molina and Candy Smith, both of Coldwell Banker United REALTORS, put together graduation plaques as students get ready to graduate from the Floyd Wickman training.
Jason Stubbs of Heavenly Care and Gwen Johansen of North American Title check out finished and unfinished models at Barton Place. The ABoR Foundation hosted the property tour.
Peter Sajovich of Home Net Realty, Mark Minchew of RE/MAX Austin Associates and Karen McCarty of Avalar Austin share the latest with colleagues at the CRS membership meeting.
The First American Title team enjoys casual time together during the annual summer picnic at the House on the Hill.
Ken “Hugh Hefner” Pearcy, center, and Vanessa Bivens, left, and Lisa Jacobson serve lunch to the graduates of the Floyd Wickman training at Coldwell Banker United REALTORS.