A Safety Net Called Insurance

Hey there! Are you puzzled by the word ‘insurance’? No need to fret, Mister Frisco is here to simplify it for you. First, let’s break down what insurance means. At its core, insurance is a safety net. It’s like a friend who’s got your back when things go wrong. You pay a small amount, called a ‘premium,’ to an insurance company. In return, they promise to help out if you face a big loss. There you have it! The basics of insurance, simplified. Remember, insurance is there to protect you and your wallet. So, it’s worth taking the time to understand it.

Different Ways to Protect Yourself

There are many types of insurance. Let’s look at a few discussed in the podcast. Firstly, home insurance. A house is a big investment. Home insurance protects that investment. If a storm damages your house, or if a guest gets hurt at your place, home insurance has you covered. Secondly, let us talk about car insurance. If you have a car, this one’s a must-have. It helps pay for any damage to your car or to another person’s car if you have an accident. Some car insurance even helps if your vehicle gets stolen.

Picking the Right Safety Net

Now, it’s important to pick the right insurance for you. Not all plans are the same. You need to consider what’s covered, how much it costs, and how much you can afford to pay if something goes wrong. If all this sounds a bit complex, don’t worry. You can always get help. An insurance agent or broker can guide you through the process. They can help you understand what’s what and choose the best plan for your needs. Try to pick agencies with a heart, such as the Gibb Agency.

Let Mister Frisco guide you on how to protect yourself with a safety net. Connect with Mister Frisco today and learn more! Knowledge is power.

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Secure Your Future

Let’s start with the basics. What exactly is homeowner’s insurance? It’s a type of insurance that covers your home against various damages. For example, if a tree falls on your house during a storm, homeowner’s insurance can help pay for repairs. It also covers your personal belongings in the home, and even legal liabilities, like if someone gets injured on your property. You might be asking, “Do I need homeowner’s insurance?” If you have a mortgage on your home, your lender likely requires it. But even if you own your home outright, it’s still smart to have homeowner’s insurance. You’ve invested a lot into your home – insurance is a way to protect that investment.

Insure Your Legacy

There are different types of homeowner’s insurance policies. The most basic ones cover common risks like fire, hail, and theft. But you may need to buy separate policies for other risks, like flooding or earthquakes. The cost of homeowner’s insurance can vary. It depends on things like the value of your home, where you live, and how much coverage you want. To lower your insurance cost, consider increasing your deductible (the amount you pay out of pocket before insurance kicks in). Just make sure you can afford to pay the deductible in case of a claim.

Protecting Your Home

In conclusion, homeowner’s insurance is critical to being a responsible homeowner. It protects your home, your belongings, and even your wallet. It might seem complex at first, but it’s a lot less daunting once you understand the basics. Remember, the peace of mind that comes with knowing you’re protected is worth it. One last important tip: Review your policy once a year. As your life changes, so do your insurance needs. You may have remodeled your home or bought expensive new electronics. Make sure your insurance coverage keeps up with these changes. Stay safe and secure, dear homeowners!

Insure your home and your future with Mister Frisco. Connect with Mister Frisco if you want to learn more. Call now and get helpful tips!

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Real Estate Income

Secure your future with the help of real estate. Real estate has the potential to create multiple income streams. Rental properties, for example, offer a consistent monthly income. All you have to do at the end of the month is to collect. This is a hassle-free source of passive income.

Investing for the Future

Owning a home is a lifelong dream for many. Having your own property offers security for you and your family. You won’t have to pay a monthly bill to a landlord once you own a home. This is a secure way for you and your family to gain financial freedom. Make your life your own when you invest in real estate.

Stability in Assets

Real estate investments have stable growth. This is a stark contrast compared to stocks and bonds. With proper research, you can identify desirable locations that have the potential to appreciate significantly. You can rent your property out or sell it once it has appreciated in value. In real estate, you can reap twice as much as you’ve sown.

Investing in real estate is a daunting task made easy with the help of Mister Frisco. Secure a better future for you and your loved ones in this industry. Call us now, and we will help you carve a path toward financial growth.

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Get Your Credit Score Up

Unless you’re making an all-cash purchase, your credit score is the most crucial factor in a lender’s decision to grant you a home loan. Work on improving your credit score by ensuring no errors in your credit report, paying all bills on time and avoiding unnecessary debt. Remember that even small improvements in your score can greatly affect your loan application.

Save for a Down Payment

Most lenders require buyers to make a down payment of at least 20% of the purchase price when applying for a home loan. Start saving as much as you can now and try to have some extra cash so you don’t have to worry about coming up with the down payment at the last minute.

Mortgage Options

With so many different types of home loans available, research all the options and find out which one fits your needs best. Other loans have different interest rates and fees, so it’s essential to understand the difference between them.

Budget

Before shopping for a home, determine what monthly payment you can afford. Start by looking at your current income and expenses and creating a budget that allows you to make the necessary mortgage payments comfortably and save enough for other expenses.

Consider the Additional Costs

When looking for a house, remember that other costs are involved besides the mortgage payments. Closing costs, inspection fees, and maintenance expenses should all be factored into your budget so you don’t get blindsided by unexpected bills. Knowing exactly how much these will add up to can help you stay on track and make the process much smoother.

These 5-ways to a better homebuying experience should get you on your way toward applying for a home loan and finding the perfect house to buy. Make sure that you take your time and research throughout the entire process so you don’t make any costly mistakes. Good luck and if you need help – contact Mister Frisco – Viktor Taushanov!

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Good Move

Cutting costs and boosting their Texas presence could help their bottom line, justifying a bold move in the current market. Not only will the move offer easier access to a more resilient market, but it will also reduce costs. In addition, since home is where your heart is, the relocation also allows Landsea to be closer to the market they want to grow in and reiterate their commitment to Texas, according to a recent article.

Solid Growth

2022 was a year of solid growth, with total revenue of over $1.4B, a record for the company. However, the second half of 2022 showed signs of waning demand, prompting a surge of innovation and out the box thinking. Seeing a contagion of caution spreading among potential homebuyers, Landsea CEO John Ho saw that making a bold move was an easy solution. 

Answering Market Volatility with Action

Landsea currently builds in Texas, Arizona, Florida, and California. However, Texas is only 3% of the building portfolio, with most of their lot ownership in Austin and San Antonio. With ongoing renegotiations with vendors, suppliers, and contractors, they will be well poised to continue growing and be prepared for a demand surge.

Although market volatility and demand shifts challenge the national real estate market, Texas remains resilient, specifically in major metropolitan areas and their suburbs. That’s why it’s always a good time to look for your dream home, especially with Viktor Taushanov – Mister Frisco. Landsea likely won’t be the last homebuilder moving to Texas. Take advantage of this market and move into your dream home today!

In response to the uncertain demand, Landsea is proactively negotiating with suppliers, vendors and contractors to make sure the prices the company is paying reflect the new market realities as well as Landsea’s increased size and scale, the CEO said. The company is prepared to walk away from land option agreements if they no longer meet its needs, and the homebuilder has reduced its headcount by about 8%, Ho said.

Landsea currently builds homes and residential communities in Arizona, Florida, Texas and California.

Its new headquarters office will be at 1717 McKinney in Dallas, where Landsea has signed a lease for 7,716 square feet on the building’s 10th floor.

In terms of homebuilding, Landsea’s footprint in Texas is relatively small, making up just 3% of the company’s revenue in 2022. The company currently owns or controls 1,087 lots, mostly in the Austin and San Antonio markets.

California made up 35% the company’s 2022 homebuilding revenue in 2022, Florida made up 33% and Arizona made up 22%.

The company wants to boost its presence in the Lone Star State, but changing the geographical percentages will take time, Ho said.

“Texas will come on toward the end of the year, but generally, it will be around the same split (at year-end),” he said.

Landsea’s full year 2022 results:

• Home sales revenue increased 49% to $1.4 billion
• Total homes delivered increased 45% to 2,370 homes
• Net income of $73.6 million, or $1.70 per diluted share

Landsea’s Q4 2022 financial summary:

• Total revenue was $426 million in Q4 2022, vs. $398.5 million in Q4 2021. 
• New home deliveries were 703 with a dollar value of $417.5 million and an average sales price $594,000 in Q4 2022. This compares to 534 homes with a dollar value of $333.1 million and average sales price $624,000 in Q4 2021. 
• Net new home orders were 88 homes with a dollar value of $57.5 million for an average sales price of $653,000 in Q4 2022. This compares to 440 homes with a dollar value of $313.1 million, an average sales price of $712,000 in Q4 2021.
• The number of selling communities increased to 58 in Q4 2022 vs. 35 in Q4 2021
• Total homes in backlog decreased 33% to 670 homes with a dollar value of $380.9 million and an average sales price of $569,000 in Q4 2022, compared to 998 homes with a dollar value of $586.2 million and an average sales price of $587,000 in Q4 2021.
• Total lots owned and controlled by Landsea increased 33% to 11,593 in Q4 2022, from 8,740 in Q4 2021. Of those lots 54% are controlled and 46% are owned.

https://www.wfaa.com/article/news/local/california-landsea-homes-homebuilder-company-hq-move-to-dallas-will-cut-costs-boost-texas-footprint-ceo-says/287-07eaa52a-2dc0-4ed6-9a80-6ccfe1707020

https://landseahomes.com/

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Here are some of the new construction coming to Frisco, according to the article:

New Construction – Businesses

• FCS Office Interiors: 10401 John W Elliott Drive, Ste. 100, Frisco; Timeline: June 1, 2023-Oct. 31, 2023; Estimated cost: $2 million.
• Frisco Flyers Addition: Northwest corner of All Stars Ave. and John Elliott Drive, Frisco; Timeline: Jan. 1, 2023-June 30, 2023; Estimated cost: $4.5 million.
• Heritage Business Park: 11691 Independence Parkway Building 100, Frisco; Timeline: Jan. 1, 2022-Dec. 1, 2023; Estimated cost: $1 million.

Coming Renovations

• The Star: 17 Cowboys Way, Frisco; Timeline: Dec. 1, 2022-Dec. 31, 2023.

Urban Living

• Project X – Urban Living Units; Timeline: Jan. 30, 2023-May 29, 2026; Estimated cost: Approximately $7 million.
• Project X – East; Timeline: Jan. 30, 2023-May 29, 2026; Estimated cost: Approximately $54.8 million.
• Project X – West; Timeline: Jan. 30, 2023-May 29, 2026; Estimated cost: Approximately $76 million.

Crystal Ball

Of course, nobody can say precisely what the future holds, although it’s a safe bet that Frisco will keep growing. Major development makes Frisco an attractive place to live. So whether you love living on the go or are looking for space to raise a family, Frisco remains safe for dreams.

Be a part of a big year in Frisco with a new home. Contact Mister Frisco, Viktor Taushanov, and Globus Realty when ready to make your dreams a reality. 

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Can You Hear Me Now?

Johnson writes, “A leading cellular connectivity provider is the latest corporation to bring its headquarters to The Star in Frisco. California-based Boingo Wireless Inc. on Monday announced its intention to open a regional office with plans for it to become its corporate headquarters. The company will occupy approximately 15,000 square feet of office space in the $1.5 billion development that is also home to the Dallas Cowboys and Keurig Dr Pepper…The company will be located in Phase IV of The Star at 13 Cowboys Way and expects to move into the building in mid-to-late 2023, according to a company spokesperson.”

Strategic Move to Frisco

“Expanding our presence in Texas is a strategic move for Boingo,” Boingo CEO Mike Finley said. “We already have long-established partners and employees in the state and opening a new office in Frisco supports our company’s vision and our ability to attract and retain top talent.” Gov. Greg Abbott in a press release said the project will create nearly 250 new jobs and generate approximately $1.5 million in capital investment. The state extended a business incentive grant of $517,400 to Boingo.” Johnson adds.

More Expansion

The article concludes, “With more corporate relocation and expansion projects than any other state, Texas remains the premier destination for companies looking to unleash their full economic potential,” Abbott said in the press release. “Boingo’s new office location in Frisco will bring more good-paying jobs and brighter opportunities for hardworking Texans in our state’s growing tech industry. I look forward to an ongoing partnership with the company as they prepare to relocate the company’s headquarters to North Texas.” 

With another corporate headquarters coming to Frisco, it’s easy to see why many want to call Frisco home. Make your move with help from Mister Frisco, Viktor Taushanov, and Global Realty. A better life is waiting.

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Developer’s New Development Dream

The article continues, “Developers unveiled the plans and name of the $3 billion project on Nov, 30. The first phase of The Mix, which will be located at Dallas Parkway and Lebanon Road in the area described as the North Platinum Corridor in Frisco, will break ground in December, according to a news release. The project will encompass 28 of the northernmost acres along Lebanon Road and is slated for completion in 2026. “Our vision for The Mix is to create a community that embraces the diversity of Frisco,” Tim Campbell, head of The Mix development, said in the release. “At The Mix, you’ll enjoy and interact with a mosaic of thoughtful architecture and vibrant green open space. We want every view to be a beautiful one.”

Famous Park Roots

A familiar name will help with the design. The article adds, “The park will be designed by OJB, the landscape firm behind Klyde Warren Park in Dallas, and will feature an event lawn, a performance pavilion, playgrounds, promenades and a pond, Campbell said. Overall The Mix will have a total of 20 acres of green open space to create a walkable community, he said. Frisco Mayor Jeff Cheney said the revised property plans improved upon the original vision, specifically with the central park that falls in line with the city’s development standards. “Wade Park is certainly one of the developments [where] we get the most questions asked from our community,” Cheney said. “There were big aspirations for that piece of property and a big vision kind of sold to the public.”

World Class Mixed-Experience

There will certainly be something for everyone. The article continues, “Once completed, Cheney expects the development will be world-class among mixed-experience communities. “We’re certainly excited as city leaders to see that project moving forward,” Cheney said. The Mix is planned to have approximately 2 million square feet of office space; 375,000 square feet of retail, including a grocery store; a business hotel and a boutique hotel; and 3 million square feet of residential, according to the release. StreetLights Residential, a Dallas-based, design-focused multifamily and mixed-use developer, is partnering on the residential aspect of the project.”

With so much arriving in Frisco, it’s easy to see why so many people want to live there. That’s why you need help from Mister Frisco to find your dream home. A new development is always coming to Frisco, so don’t miss out.

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Natural Wonders

There’s plenty to enjoy on the new trail. The article continues, “Big Bluestem Trail is a natural, 12-foot-wide trail about 2.28 miles long from beginning to end and back again. The trail features Hackberry and Ash trees as well as a Bois D’ Arc tree…Mayor Jeff Cheney, who was present at the inaugural walk with the rest of Frisco’s City Council members, said he often joked that he ran for city council after reading a newspaper article about Grand Park’s development…”I wanted to actually work on this park project so that my kids could enjoy it,” he said. “Now, I joke we’re working on it so my grandkids can enjoy it.”

Focused Development

The City of Frisco has it’s eyes on the prize. The article concludes, “Development of Grand Park is a top priority for Frisco City Council in 2022. The park will be built over decades for multiple generations of families, Cheney said. City council will be working hard to imagine the future of Grand Park’s first phase, but he encouraged residents to participate. “As you’re out taking a walk this afternoon, start thinking about it,” Cheney said. “Start imagining what it can be.” Work is underway to install a temporary road in Grand Park as well as parking and lighting, according to a city news release. QR codes on poster boards line the trail, which opens a digital map that displays information and highlights about park features. Shannon Coates, director of Play Frisco, said there was much more to come to Grand Park.”We purposely have left as much as we can untouched so that you really can get an eagle’s eye view of what it is to be lost in Frisco to some extent,” she said of Big Bluestem Trail. The trail’s operating hours run from sunrise to sunset. For more information, visit www.playfrisco.org/trails.”

It’s easy to see why so many people want to call Frisco home. Contact Mister Frisco, Viktor Taushanov, and find your dream home today!

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Public/Private Partnership

The article continues, “One of our Council’s ‘Top Ten Priorities’ is to make historic downtown an entertainment destination. This public-private partnership will be monumental in redeveloping historic downtown Frisco,” said Mayor Jeff Cheney. “We’re confident it will be a high-energy, gathering place for residents and visitors, alike. In fact, our VisitFrisco team shares’ breweries’ and ‘live music venues’ are two of the reasons why residents leave Frisco for other entertainment destinations. Rollertown Beerworks will be designed to have both.” 

New Prospects

The new agreement is quite large. According to the report, “Under the proposed agreement, the Frisco Rollertown Beerworks will span at least 24,000 square feet and include production operations, as well as a restaurant, event lawn with artificial turf, a stage/pavilion and a two-level tap and tasting room with a rooftop experience and beer garden. Company executives estimate ‘Rollertown’ will attract more than 250,000 visitors to Frisco each year…In the proposed contract, the FCDC would invest up to $10 million to construct the facilities to accommodate brewery production, distribution, and sales activities; the FEDC would contribute an additional $2 million grant towards construction…The proposal requires Rollertown Beerworks to cover any costs exceeding the city’s maximum $12 million total investment for design and construction. The company would also be responsible for all management and operation costs. The brewery is expected to employ at least 36 employees, including full and part-time staff. 

Brews & Good Times

The article concludes, “We are thrilled to partner with the City of Frisco to bring a world-class brewery and entertainment facility to the downtown area,” said Jonathan Rogers, CEO of Rollertown. “Along with being one of the finest places to live in the country, Frisco is one of the most creative, forward-looking communities in the U.S. We look forward to being an excellent partner for the City of Frisco and an excellent teammate for her partners, institutions, and residents’…If approved, the public-private partnership would involve a 23-year lease agreement with an option to extend the lease to 40-years. Under the proposed agreement, Rollertown Beerworks would repay $10 million at 4% interest within 23-years. After the second year of operation, the repayment provision for the $2 million grant would be forgiven. The City of Frisco will retain ownership of the property and facilities. If approved by all parties, construction is expected to start within a year. An opening date for Rollertown Beerworks in Frisco is anticipated in late 2024.”

Frisco attracts brewery and tourism dollars to downtown and so much more! So what are you waiting for? Find your home in Frisco with the help of Mister Frisco, Viktor Taushanov, and Globus Realty. 

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