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Lubbock, TX Real Estate News

Inheriting a house can be a mixed blessing. On one hand, it presents an opportunity for financial gain, but on the other, it can be overwhelming to navigate the process of selling the property. Whether you're looking to sell quickly or maximize your profits, understanding the options available to you is essential. In this guide, we'll explore the steps involved in selling an inherited house and highlight key players in the real estate market, such as home buyers, real estate investors, and companies that specialize in purchasing properties, like "We Buy Houses."Assess the Market Value:The first step in selling an inherited house is determining its market value. Hiring a professional appraiser or working with a real estate agent can help you get an accurate estimate. Remember that the va...
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By The Legacy Group, The LegacyGroup of CrossCountry Mortgage
(CrossCountry Mortgage)
Veteran’s Home Loans for Lubbock Texas!!If you are reading this, you or a family member have likely served in our military.  First off, we would like to say a sincere “Thank You” for your service!  We recognize that not only do our Veterans sacrifice by serving, but their families do as well-, and we owe you all a debt of gratitude!One of the best benefits Veterans and their families receive due to their service to our great country is the VA home loan benefits.  We are going to outline just a few of these significant benefits in this article for you.Here are some of the major benefits you may receive by using your VA home loan benefits:*100% financing available- one of the very few loans available with no down payment!*Lower rates available than most loan programs- which saves you mone...
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By Mary Benton, TechTown Realty in Lubbock
(TechTown Realty, Licensed in Texas)
TechTown's Haven Home ProgramAre you a dog person or a cat person or do you have an affinity for both?   Are you, or someone you know, preparing to sell your home?   If so, then you are ready to participate in our Haven Home program!When you choose TechTown Realty to list and sell your home, you not only get expert representation from experienced and dedicated REALTORS, you also add your support to animal rescue!  TechTown has partnered with the Haven Animal Care Shelter by providing support through community awareness and donations.  When we sell a participating Haven Home listing, a percentage of our commission goes directly to The Haven.What led to this partnership:  When we started TechTown, we knew we wanted to give back to our community and we started looking at a variety of good ...
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By The Legacy Group, The LegacyGroup of CrossCountry Mortgage
(CrossCountry Mortgage)
Veterans now have access to a new VA renovation loan to refurbish or remodel their homes.  This loan program is available for new home purchases as well as for remodeling homes currently owned by the veteran.  It is estimated that over 50% of homes nationally are 40 years or older, and in the current housing market many homes are in need of updating, addressing deferred maintenance, or improving the energy efficiency of homes to lower utility costs.VA loan benefits include the following unique advantages:  a.  up to 100% financing, b.  no mortgage insurance, c.  up to $ 35,000 in renovation funds escrowed, d.  all renovations must be completed within 60 days of closing, e.  you can close on a purchase or refinance in the “as is” condition, f. you can borrow against the future value of t...
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By Krista Jenkins, REALTOR®, Residential sales and retail & office leasing
(klm Real Estate)
 ««« Don't wait! Search Lubbock, Texas properties today! »»»   * All reports are published January 2020, based on data available at the end of December 2019, except for the today stats. All reports presented are based on data supplied by the Lubbock AOR. The Lubbock AOR does not guarantee or is not in anyway responsible for their accuracy. Data maintained by the Lubbock AOR may not reflect all real estate activities in the market. Information deemed reliable but not guaranteed. Terms of Use Agreement
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By The Legacy Group, The LegacyGroup of CrossCountry Mortgage
(CrossCountry Mortgage)
Special Government Home Renovation Loan Program using Lubbock Texas FHA 203k Renovation Loans. Many people are not aware of a special government loan program that is part of the Federal Housing Administration or FHA (a department within HUD). A buyer or existing home owner can do meaningful amounts of remodeling or updates to their existing home without having a higher cost second lien thanks to this special FHA loan program. However, this loan program doesn't allow for "luxury items" in your home such as a swimming pool, hot tub, or other accessories. Although, you can repaint, replace flooring and appliances, add a room to an existing structure (which can add to value tremendously as you increase the square feet of your home) as well as remodel cabinetry in kitchens and bathrooms. Th...
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By The Legacy Group, The LegacyGroup of CrossCountry Mortgage
(CrossCountry Mortgage)
Being a Lubbock TX First Time Homebuyer makes you have to consider your options before you buy. The first thing you will need to consider is what your long-term goals are with being a home owner  and how your goals fit in with that plan. One goal could be to stop paying rent that just increases after every lease you renewBuying your own home first is one of the happiest times of your life! However, a lot of paperwork and time goes into it and finding a lender with great reviews will ease much of the stress. But, the satisfaction you get from your first home closing is something you will never forget! The benefits of being a Lubbock TX First Time Homebuyer greatly outweighs renting for the following reasons:          Greater privacy.          Homes typically increase in value the older t...
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By Krista Jenkins, REALTOR®, Residential sales and retail & office leasing
(klm Real Estate)
Don't wait! Search Lubbock, Texas properties today!All reports are published April 2019, based on data available at the end of March 2019, except for the today stats. All reports presented are based on data supplied by the Lubbock AOR. The Lubbock AOR does not guarantee or is not in anyway responsible for their accuracy. Data maintained by the Lubbock AOR may not reflect all real estate activities in the market. Information deemed reliable but not guaranteed. Terms of Use Agreement   
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By Krista Jenkins, REALTOR®, Residential sales and retail & office leasing
(klm Real Estate)
Don't wait! Search Lubbock, Texas properties today!All reports are published March 2019, based on data available at the end of February 2019, except for the today stats. All reports presented are based on data supplied by the Lubbock AOR. The Lubbock AOR does not guarantee or is not in anyway responsible for their accuracy. Data maintained by the Lubbock AOR may not reflect all real estate activities in the market. Information deemed reliable but not guaranteed. Terms of Use Agreement
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By Krista Jenkins, REALTOR®, Residential sales and retail & office leasing
(klm Real Estate)
A short biography of Krista Jenkins, REALTOR®, Lubbock, TexasBorn and raised in western Massachusetts, I left the comfort of my parent's home in 1994 to serve in the United States Army and remained until the summer of 1997. I was stationed in Texas, and I fell in love with the Lone Star state. I also fell in love with a fellow soldier who was from Lubbock,Texas. I didn't know where or what a Lubbock was, but my parents did. They were quick to point out that Lubbock, Texas was the hometown of famed rock & roller Buddy Holly. At twenty years old, my husband and I purchased our first home using a VA loan. We were between permanent party locations, and we literally had one week to find a suitable house. In a short period of time we had collected three pit bull dogs, and nobody in their righ...
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By The Legacy Group, The LegacyGroup of CrossCountry Mortgage
(CrossCountry Mortgage)
Veterans now have access to a new VA renovation loan to refurbish or remodel their homes.  This loan program is available for new home purchases as well as for remodeling homes currently owned by the veteran.  It is estimated that over 50% of homes nationally are 40 years or older, and in the current housing market many homes are in need of updating, addressing deferred maintenance, or improving the energy efficiency of homes to lower utility costs.VA loan benefits include the following unique advantages:  a.  up to 100% financing, b.  no mortgage insurance, c.  up to $ 35,000 in renovation funds escrowed, d.  all renovations must be completed within 60 days of closing, e.  you can close on a purchase or refinance in the “as is” condition, f. you can borrow against the future value of t...
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By The Legacy Group, The LegacyGroup of CrossCountry Mortgage
(CrossCountry Mortgage)
Find out today's USDA Rates in Lubbock, Texas - Your path to 100% mortgage loan financing.   The USDA Rural Guaranty home loan program in Lubbock, TX and the surrounding areas remains one of the best financing options available today. Combine 100% home loan financing with low monthly mortgage insurance, and you will be ensured a low payment on your new Texas home purchase.   Check USDA Mortgage Rates Lubbock, TX Here   Here are the highlights of the USDA Rural Housing program:   - Your home must be located in a small town or rural area. Input your home's address at the USDA website, which will verify if you are in an eligible area: http://eligibility.sc.egov.usda.gov/eligibility/welcomeAction.do?pageAction=sfp&NavKey=property%4011   - 100% financing is still available.  No down payment!...
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By The Legacy Group, The LegacyGroup of CrossCountry Mortgage
(CrossCountry Mortgage)
Lubbock, Texas VA Loans is the best loan program in Texas!  VA loans offer a special opportunity for our Veterans to become homeowners or refinance their existing VA guaranteed mortgage. VA Loans have more lenient underwriting criteria than other loan programs and offer lower interest rates than conventional loans. Plus, no down payment is required for Lubbock, Texas VA Loans. This step by step guide is intended to give you all the quick answers you need to get started with the VA program, explain all the benefits of a VA Loans, and help you navigate through the loan process as an informed Veteran. Some of the information we will be discussing are:• What are VA Loans?• Interest Rates• How you can apply for a VA Loan?• Obtaining your Certificate of Eligibility from the Veterans administr...
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By The Legacy Group, The LegacyGroup of CrossCountry Mortgage
(CrossCountry Mortgage)
A Special Government Home Renovation Loan Program with Lubbock Texas FHA 203K Renovation Loans.    The Federal Housing Administration (FHA) offers a special government loan program that a lot of people are not aware of. This FHA loan program allows the buyer or existing owner of a home to do significant amounts of remodeling or updating to their home without a higher cost second lien.     "Luxury items" like a hot tub and a swimming pool are not allowed by this FHA loan program. But you can repaint, replace flooring, remodel cabinetry in kitchens and bathrooms, add wallpaper, replace appliances – even add a room to an existing structure (which can significantly add to value as you increase the square footage of your home).   Many advantages exist with this government loan program but th...
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By The Legacy Group, The LegacyGroup of CrossCountry Mortgage
(CrossCountry Mortgage)
Lubbock, Texas VA Loans is the best loan program in Texas!    VA loans offer a special opportunity for our Veterans to become homeowners or refinance their existing VA guaranteed mortgage. VA Loans have more lenient underwriting criteria than other loan programs and offer lower interest rates than conventional loans. Plus, no down payment is required for Lubbock, Texas VA Loans.   This step by step guide is intended to give you all the quick answers you need to get started with the VA program, explain all the benefits of a VA Loans, and help you navigate through the loan process as an informed Veteran.   Some of the information we will be discussing are: • What are VA Loans? • Interest Rates • How you can apply for a VA Loan? • Obtaining your Certificate of Eligibility from the Veteran...
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By The Legacy Group, The LegacyGroup of CrossCountry Mortgage
(CrossCountry Mortgage)
100% financing with Lubbock , TX USDA Loans, Euless, Texas area 100% financing USDA home loans.  100% financing on USDA mortgage loans are available for home purchasing in Lubbock, Texas.  A 0% down payment option for home buyers looking to purchase a home in Lubbock , Texas is available.  A significance to home buyers is the ability for them to keep their cash reserves rather than spend it on a down payment for a new home.  The government has a special USDA loan  program that will assist home buyers with this.   An important part to home buyer success is the post closing cash reserves they will receive.   It would be a great benefit to  a home owner to have at least 6 months of reserves such as hot water heaters, air conditioning and heating units, a washer and dryer, among other appli...
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By Mary Benton, TechTown Realty in Lubbock
(TechTown Realty, Licensed in Texas)
Tech Terrace homes are a hot commodity this summer!   That is not particularly news worthy to anyone who knows about Lubbock real estate but the inventory of Tech Terrace homes is lower now than last summer.  While late spring to early summer is always peak time for real estate sales, this year has seen an influx of out of town investors who want to buy Lubbock homes, so our market is now VERY competitive with homes going for sales price and more.    Rental homes near Texas Tech University are rarely vacant, so Tech Terrace and other areas near campus are in demand for investors.  As of today, there are 16 homes listed for sale in this popular neighborhood but don't blink or one or more of these will go under contract!    These homes are priced from $164,000.00 up to $517,500.00 with th...
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By Mary Benton, TechTown Realty in Lubbock
(TechTown Realty, Licensed in Texas)
TechTown Realty is locally owned and operated by Mary and Jack Benton.  Mary is a Broker and has worked in real estate for 10 years.  Jack is a REALTOR who brings years of expertise in business development and management to the brokerage.While our home and base is in Lubbock, we also work with home buyers and sellers in all the surrounding communities including Abernathy, Wolfforth, Shallowater, Ransom Canyon.    If you want to see a home or sell a home in Lubbock, Crosbyton, Levelland, Slaton, or New Home, contact us.   Whether it is a TechTown Realty listing or a listing by another company, we can show you homes, represent you placing YOUR interest first, above that of the seller.  We are proud to sponsor terrific Lubbock REALTORS.   Our agents have many years of both real world exper...
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By Kristen Correa, Broker, I love coffee & real estate. I am out of coffee!
(Kristen Correa Real Estate & Reedy Creek Realty Services)
THANKS to Mary Benton, Broker, in Lubbock TX for helping me today...Sometimes you just can't get everything you need when you are a Realtor member in another MLS area. Mary took my call from D/FW area this morning, took time from her busy day - she was entering a new listing at the moment - and quickly helped me with a property question I had that was of no benefit to her... just a broker helping another broker.If you need a Realtor in Lubbock, TX, Mary is a very helpful, knowledgable, friendly Broker. It's one thing to say you're a professional in your marketing material, it's another thing to be in real life who you portray online.T H A N K S ! And congrats on that new brokerage of yours, and new listing, Mary!
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By The Legacy Group, The LegacyGroup of CrossCountry Mortgage
(CrossCountry Mortgage)
We offer a Special Government HOME RENOVATION Loan PROGRAM with Lubbock TX FHA 203k Renovation Loans.   Many people are not aware of a special GOVERNMENT LOAN PROGRAM that is part of theFEDERAL HOUSING ADMINISTRATION or FHA(a department within HUD). This FHA LOAN PROGRAM allows the buyer or existing owner of a home to do significant amounts of remodeling or updating to their home without a higher cost second lien.    "Luxury items" like a hot tub and a swimming pool are not allowed by this FHA LOAN PROGRAM. But you can repaint, replace flooring, remodel cabinetry in kitchens and bathrooms, add wallpaper, replace appliances – even add a room to an existing structure (which can significantly add to value as you increase the square footage of your home).    One of the biggest advantages to...
Comments 1