Why Work With Smoger Realty?

Smoger Realty works with clients who are buying, selling and investing in real estate mostly in the Dallas Metroplex area. Our clients are all referred to us. We handle each transaction in a very unique manner. There is no upper management team telling us what we can and can not do for our clients. Each client spends time with us discussing how real estate fits into their overall financial makeup so all decisions will be in the best interest of our client.

We want the best for our clients so that means getting a fair deal on a property or walking away from a property. Alternatively, selling a property within a reasonable amount of time or not selling a property when the deal is not right. Smoger Realty understands that the client is first. Each transaction is reviewed from top to bottom.

Our experience includes drafting and reviewing real estate contracts, legal foreclosure work, multifamily property management, buying, selling and leasing single family homes, duplexes, fourplexes and commercial spaces. Not only have we had experience in those areas, but we actually have had an economic interest in many of these transactions

For more information on specifics of buying, selling and investing in real estate in Dallas with our services, please refer to our individual pages on the subject matter.

Thanks for working with us and we will do our best to provide you a positive real estate experience.

Real Estate News 

Latest News from the Texas Realtors Association

FHA Mortgage Insurance Premiums

FHA has increased the mortgage insurance premium (MIP) by 25 basis points for loans with case numbers assigned on or after April 18, 2011. This increase, which is the third in the last 12 months, is necessary to restore the agency’s finances , which remain under a required 2 percent reserve, FHA says. National Assocation of Realtors® opposes the increase, which will cost the average buyer an additional $30 per month. Existing borrowers are not impacted. The upfront MIP will remain unchanged at 1.0 percent.

Home Foreclosures Drop by 14 Percent FHA

Home foreclosures posting in the Dallas-Fort Worth area continued to drop each year. The foreclosures still remain at higher than normal levels and will more than likely stay at these levels for the immediate future. For July, 2011, for the month, foreclosure postings dropped by fourteen percent from the previous year to 4024 residential l foreclosures postings in the four county area according to to the Foreclosure Listing Service, Inc.

Congress Restores FHA Loan Limits to Previous Levels

In November,2011, the U.S. House and Senate restored Federal Housing Administration ("FHA") loan limits to the levels they were at before they expired in September. As a result, the limits will rise to 125% of the area median home price from 115%, up to a maximum $729,750, from $625,500. National Association of Realtors estimates that several hundred counties where FHA loan limits fell at the end of September will now rise back up to the previous level. The maximum conforming loan limits for secondary mortgage market companies Fannie Mae and Freddie Mac also expired at the end of September, but lawmakers did not restore those limits. As a result, conforming loan limits will remain at 115% of the area median home price, up to $625,500