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Lubbock, TX Real Estate News

By Mary Benton, TechTown Realty in Lubbock
(TechTown Realty, Licensed in Texas)
 Tech Terrace homes are as always, in demand.    Today there are 18 homes for sale in this neighborhood with prices ranging from $114,950.00 up to $840,000.00!   These homes include 2 bedroom cottages with under 1000 sq feet and expansive estates of over 5000 sq ft.Most of the homes in Tech Terrace are older, being built in the 1920's through the middle of the 20th century.   The neighborhood is not particularly close to or convenient to the newest, latest, greatest shopping centers and restaurants.   Despite this, Tech Terrace is among the most popular neighborhoods in Lubbock and many of the homes have been updated.  Some reasons for the popularity include the tree-lined streets, close proximity to Texas Tech University, and the appealing variety of styles of homes.  This is not a coo...
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By Mary Benton, TechTown Realty in Lubbock
(TechTown Realty, Licensed in Texas)
 Why do people want to live in Tech Terrace?   Here are the top reasons! 1.  Close to Texas Tech for students, faculty, and staff.  2.  Diverse architecture & styles of homes.   3.  Mature trees and landscaping.4.  The schools!  Roscoe Wilson Elementary and J.T. Hutchinson Jr. High (Buddy Holly attended these schools!)5.  26th & Boston shopping which includes the renovated Lowes's, J&B Coffee, and Capital Pizza to name a few.6.  Recreation - parks, tennis courts and walking/jogging trail.7.  Diversity of residents8.  Easy commute for those who work downtown.9.  Slower pace lends itself walking in the evenings, meeting neighbors.10.  Near hospital district. If you would like to own a Tech Terrace home, let me know what is drawing you to this neighborhood.   And call on me when you are re...
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By Mary Benton, TechTown Realty in Lubbock
(TechTown Realty, Licensed in Texas)
If you are a Lubbock native or a Texas Tech University student you know the Tech Terrace neighborhood. Here are some pros and cons of this popular central Lubbock community.ProsNear Texas Tech so super easy to bike or walk to campus.  Save money on parking fees!City Bus trolleys make the rounds here so you can always catch the bus.Two city parks featuring walking/jogging trail and playground for the kids.Shopping!  Tech Terrace is unique in that it has its own Lowe's grocery store, cafes and boutique shops.J&B Coffee.  This popular coffee shop is located at 26th and Boston is a cozy spot to meet, study, unwind.Diverse population -students, families, professionals.Tree lined streets and mature landscapingA great variety of homes including cottages, bungalows, and mid-century modern to na...
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By Mary Benton, TechTown Realty in Lubbock
(TechTown Realty, Licensed in Texas)
You are moving to Lubbock and want to live near Texas Tech University.   Your current Lubbock home has a serious 'charm' deficit.   Your child who is now quite grown up is a TTU student who wants OUT of the dorm. You are ready to move out of your 'cookie cutter' neighborhood.   You would like a neighborhood where people walk in the evenings, where you can hear doves coo. Okay, maybe the dove cooing part is a bit much but if you can identify with any of the above statements, Tech Terrace is where you need to find your next home. We lived in Tech Terrace for 5 years and loved it.  Before and after our time as Tech Terrace residents I have been a huge fan of the area.  I love the tree lined streets, diverse architecture, friendly people, and the slower pace. So you want to buy a Tech Terr...
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By Mary Benton, TechTown Realty in Lubbock
(TechTown Realty, Licensed in Texas)
 You found the Lubbock home you want and your agent submitted an offer.  You are now entering the time frame known as Contract to Close.  It is too early to celebrate because there is lots to do over the next 30 – 60 days.  This process can be stressful but a good REALTOR and LENDER can help smooth the way.  Be ready to negotiate with the seller.  Depending on the housing market in your area you may or may not have the upper hand.   The seller can reject your offer, give you a counter offer, or accept your offer as written, which rarely happens in Lubbock. Your ideal or preferred closing date will be included in the contract.  In Lubbock, TX it typically takes 30 – 45 days to close a deal.  Know that even if both parties agree to a date, there can be delays in closing.  The most frequen...
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By Mary Benton, TechTown Realty in Lubbock
(TechTown Realty, Licensed in Texas)
The Magic Number or Everything you wanted to know about your home’s VALUE, but were afraid to ask!In your eyes, your home may be priceless!    HOME is where you raised your children, held parties on the patio, cooked Thanksgiving dinner, and measured your children’s height on the inside of a closet door.  If you want to know your home’s practical value, such memories and emotions must take the backseat. Lubbock County Appraisal District’s website – lubbockcad.org (LCAD) is a great place to start exploring.  The Tax District assigns a taxable value for your home.  However, don’t rely just on the LCAD valuation.  As a Lubbock REALTOR, I can do a Comparative Market Analysis (CMA) based partly on the previous 6 months home sales in your area, providing an estimate of your home’s actual valu...
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By Mary Benton, TechTown Realty in Lubbock
(TechTown Realty, Licensed in Texas)
If your dream home is one that has charm and character, situated in a neighborhood with mature trees, diverse architecture and neighborhood shopping, then Tech Terrace is the place for you.Since Tech Terrace is a popular Lubbock neighborhood, homes here often sell quickly.  I can save you time and money by monitoring listings and representing YOU when you are on your quest for a home.  Today in Tech Terrace there are 21 homes listed for sale.  The prices range from $126,000.00 to $799,000.00, sizes range from 2 -5 bedrooms, from 1260 to 6039 square feet.Would you like a studio at home?  The Tech Terrace home located at 3017 28th Street is a 3/2 with a workshop and a heated/cooled detached artist studio!  This home is almost 3000 square feet and is priced at $275,000.00.   Want to buy a ...
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By Mary McGuire, Broker
(TODAY Realty, Inc.)
Lubbock, Texas. Home of the Texas Tech Red Raiders. Lubbock -- great place to live, work, attend college, raise a family.  It is a place where you can easily find friends, get to know your grocery store butcher who will remember how you like your steaks cut, attend the First Friday Art Trail (click here), attend a Moonlight Musical (click here), have access to a wonderful medical community (Click here for more information about our medical community), and worship in any number of churches. We also like to spotlight Lubbock Christian University besides Texas Tech. Wayland Baptist College is about 40 miles away in Plainview plus,  we have a campus in Lubbock. South Plains College is a junior college about 30 miles away and we have a campus for it in Lubbock too.  Lots of opportunities for...
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By Homes For Heroes
(Affiliates nationwide for Hero Rewards)
I am the oldest of 6 children in my family and have worked since I was 9. Growing up ranching and in the oilfield, I learned quickly that very few things come easy in life. The core of integrity, doing what was right and of course working hard was installed at an early age and is in my nature. The military helped me refine and enhance those values that I carry today.This business allows me to meet new people and meet their families who just want someone to take care of them and look out for them.As an older brother and father of two little girls myself, I want to look out for their families, as I do my own. 
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With the new year comes a renewed commitment to our health, and yet- sometimes, the time crunch does't waiver because of this. Lubbock is known for it's wide array of dining choices, however, not all are the best for your waistline. Kick of the new year right and grab lunch at one of these local eateries.   1. Market Street- Convenient locations all over town. My go-to is the 98th and Quaker location in Southwest Lubbock. Grab a salad, turkey burger, or premade wrap to-go.  2. Abuelo's Taqueria- Grab a bowl or fish tacos from this wonderful little Abuelo's spinoff. There are plenty of healthy choices (that don't involve queso). 3. La Madeline- Great for dining in or taking out. My go-to is the Wild Field Salad with chicken. Plenty of light options- fruit, salads, sandwiches, etc. 4. Man...
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By Mary Benton, TechTown Realty in Lubbock
(TechTown Realty, Licensed in Texas)
  You found the home you want and your agent submitted an offer.  You are now entering the time frame known as Contract to Close.  It is too early to celebrate because there is lots to do over the next 30 – 60 days.  This process can be stressful but a good REALTOR and LENDER can help smooth the way.  Be ready to negotiate with the seller.  Depending on the housing market in your area you may or may not have the upper hand.   The seller can reject your offer, give you a counter offer, or accept your offer as written - which rarely happens in Lubbock. Your ideal or preferred closing date will be included in the contract.  In Lubbock, TX it typically takes 30 – 45 days to close a deal.  Know that even if both parties agree to a date, there can be delays in closing.  The most frequent dela...
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Starting at 8:00 AM tomorrow morning, December 6th, Turning Point Community Church in Lubbock, TX will be giving away 100 free Chistmas trees to "anyone who would be blessed by the gesture." The event will be held at Turning Point's church campus in Southwest Lubbock, located at 11202 QUAKER AVE LUBBOCK, TX 79424  This is Turning Point's second annual tree giveaway in Lubbock, TX. For more information on Turning Point, visit their website here.     If you are interested in buying or selling a home in Lubbock, TX, please visit www.lubbockpropertyfinder.com  
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By The Legacy Group, The LegacyGroup of CrossCountry Mortgage
(CrossCountry Mortgage)
A Special Government Home Renovation Loan Program with Lubbock TX FHA 203k Rehab 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.         The loan program does not allow for “luxury items” which are defined as items like a swimming pool or hot tub, etc. Repaint, remodel cabinetry in kitchens and bathrooms, add wallpaper, replace appliances and flooring and even a add a room to an existing structure (which will increase the value of the homes square footage).         This loan program has many adv...
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Have you been dying to take the kids to a pumpkin patch, or maybe have a pumpkin carving contest? Here's where to go! You are only a few miles away from the Pumpkin Capital of Texas, afterall.  Cumberland Presbyterian Pumpkin Patch7702 IndianaOct 4 - Oct 31Daily 9:30am – dark, Sundays noon - darkDebit cards accepted Assister Punkin Patch3399 US HWY 62, Floydada, TexasMon-Sat 8am – 6pm, Sundays 1pm – 6pm Malta Farms Pumpkin Patch73rd and Milwaukee At’l Do Farms Corn Maize6323 FM 1294Take a hayride out to the patch, stroll through the vines and pick your perfect pumpkin. Many varieties to choose from. Prices range from $1 and up. Hayride to pick pumpkins stops at dusk. As always, if you need a new front porch to display your new pumpkins on, visit www.lubbockpropertyfinder.com to get star...
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One of the most common questions that buyers have when purchasing a home in Lubbock, Texas is "What school district is this home in? What are the schools like?". In this four part series, basics of each district will be covered, and popular feeder neighborhoods in each area will be highlighted.   Lubbock- Cooper ISD School starts this year: 8/25/14 Slogan: "...building the future one student at a time!" Mascot: Pirates   Humble Beginnings Cooper Rural High School , named after county board member George C. Cooper, opened its doors in 1936 as a consolidation of surrounding rural students. The first school building was an elementary and high school building located in the community of Woodrow, which still stands today. The first official Cooper School building opened two years later under...
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Keller Williams Realty in Lubbock, TX is welcoming BOLD training to town starting next week. BOLD is an 8 week intensive course which stands for "Business Objective, Life by Design." Agents from all Lubbock brokerages are invited to register, and with available seats limited to 50 agents, this class is guaranteed to sell out! BOLD, written by Diana Kokoszka, CEO of MAPS Coaching and Keller Williams University, is considered to be the signature training course offered by Keller Williams. The course will focus on building a powerful mindset that will cause agents to take their business and personal lives to the next level. Each week, participants will learn language techniques, refine their mindsets, and participate in live lead generation exercises. All participating agents are placed in...
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By Mary Benton, TechTown Realty in Lubbock
(TechTown Realty, Licensed in Texas)
I am determined to conclude this series and will wrap it up with 4 for the price of 1!  Read on about an article from the Wall Street Journal that suggested there were 10 things your Real Estate Agent would not tell you.#7 -  "I don't know anything about this neighborhood."It is best to have an agent who knows the neighborhood.   I'm particularly well-versed about homes in Tech Terrace, Farrah, North Pointe, and homes in Ransom Canyon since I have owned homes in each neighborhood.  But I feel 100% confident that I can do a great job for my buyers who choose a home anywhere in Lubbock.   In some larger cities REALTOR'S may be more handicapped due to lack of knowledge of areas so if you are buying a home in Houston, Chicago, Seattle it would be good to ask an agent if they are familiar wi...
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We offer the 5-Star Texas Advantage Program. The program, which is available for purchases and rate/term refinances, allows access to a 3% grant on FHA, VA, and USDA loans, reducing a borrower's down payment to .5% of their own funds. Loans are restricted to a maximum purchase price of $250,000, a minimum FICO of 600, maximum DTI of 45, and income limits per county guidelines, regardless of family size. If you have any questions, please feel free to contact our office at 800 315 8803.
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By Mary Benton, TechTown Realty in Lubbock
(TechTown Realty, Licensed in Texas)
  In recent years I have talked to many buyers who want to purchase a home in Lubbock, TX via owner finance (often due to credit problems but not always) and have just completed my second successful Owner Finance transaction.   The reason that there has been so few successful OWNER FINANCE transactions is primarily two-fold; few sellers willing to owner finance and buyers not having sufficient down payment. Buyers please read on! Down Payment - If you want to own a home and can't go through conventional lending avenues, you may can find an Owner Finance home.  However, you need to do some research and be knowledgable about the market and you need to have a good nest egg for a down payment.  Most sellers who will do owner finance in our area want 10%-20% as a down payment.  This is becau...
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By The Legacy Group, The LegacyGroup of CrossCountry Mortgage
(CrossCountry Mortgage)
  Many benefits exist for a pre-approval and on Lubbock Texas Home Loans.      Many consumers are not informed on the proper way for buying a home. Of course this is a big question that can stressful or enjoyable, it just depends on the steps you take in the home buying process for Lubbock Texas Home Loans and the surrounding areas. The key is to take the proper steps to educate yourself on your buying power, initial investment, and taking some time to think about your lifestyle choices. Each of these will be discussed in this article.     Education     The proper way to go about buying a home begins with getting preapproved for your loan. Please be aware that we did not say to get pre-qualified, in today's mortgage world a pre-qualification means nothing. It is important to choose a mo...
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