If you've been a real estate investor for more than a few years, you have experienced legal issues in your business. Whether you're new to the business of investing in real estate, or a seasoned investor, you probably have questions regarding legal issues. Want to know how to protect yourself and reduce your tax liability? Then you will not want to miss this meeting.For most people, the purchase of a home is the single largest financial purchase they will make for the next decade. Therefore, as a real estate investor, it is essential to do things right. Do you have a firm grasp on all the issues regarding sale/purchase contracts? Are there any issues regarding assignment of contract interests? What are the economic considerations of litigation and eviction proceedings? How can you find ... 08/29/2022

The Wichita Falls market is softening, yet still a strong seller's market.  Increased mortgage rates have certainly caused a slow-down, however buyers are still moving into the area and we are still very competitively priced compared to the DFW market only a 2 hour drive away.  Work-from-home and telecommuting opportunities have made getting away from the larger populations into an area with lower cost of living very attractive for many. 08/16/2022

Special Government Home Renovation Loan Program using FHA 203k Mortgage Loans in Iowa Park Texas. Many are not aware of a special government loan program that is actually a part of FHA (Federal Housing Administration- a department within HUD). Existing home owners or potential home buyers can remodel and update their homes without having a higher cost second lien because of this FHA loan program.  "Luxury items" like a hot tub and a swimming pool are not allowed by this FHA loan program. 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).  One of the biggest advantages to this government loan program is you have all of your acquisit... 03/01/2022

Special Government Home Renovation Loan Program using Wichita Falls Texas FHA 203k Mortgage Loans. Many are not aware of a special government loan program that is actually a part of FHA (Federal Housing Administration- a department within HUD). Existing home owners or potential home buyers can remodel and update their homes without having a higher cost second lien because of this FHA loan program.  "Luxury items" like a hot tub and a swimming pool are not allowed by this FHA loan program. 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).  One of the biggest advantages to this government loan program is you have all of your acquisi... 02/08/2022

Veteran’s Home Loans for Electra TexasIf 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 money... 07/16/2021

Veteran’s Home Loans for Wichita Falls 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 yo... 04/19/2021

This stunning home is a Must-see! This 4 bed/4.5 bath home with office located in beautiful Canyon Trails offers spacious formal living and dining areas. The large media room is one of the focal points of this wonderful home. The gourmet kitchen has granite counter tops with a center cooking island, and a breakfast area. Upstairs the media/theater room offers a wet bar. Relax outside near the inground pool or entertain with the dazzling outdoor kitchen which includes a built in grill, fridge, and sink. 10/22/2020

There are many benefits to a VA home loan. It’s important to know how these loans can help you. First, thank you for your service to our country. According to the Mortgage reports, VA loans stand apart for its combination of low rates, lenient underwriting, and secondary benefits. These are 10 VA loan benefits in Wichita Falls TX in 2020. These are:        No down payment on a VA loan        No mortgage insurance        VA loans have a government guarantee        Your ability to shop and compare VA loans        VA loans don’t allow a prepayment penalty        They come in many varieties        It’s easier to qualify for a VA loan        VA loan closing costs are lower        The VA loan offers funding fee flexibility    VA loans are assumable Backed by the U.S. Department of Veterans Af... 04/23/2020

The benefits of a preapproval (not prequalification) for  Home Loans in Wichita Falls Texas. Many consumers are not informed on the proper way for buying a home. No question, this is a big decision, and one that can be either immensely stressful- or immensely enjoyable- depending on how you go about the home buying process of  Home Loans in Wichita Falls Texas 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. This article will cover all of these.   Education    The steps necessary to purchasing a home in Wichita Falls, Texas starts with getting pre-approved for your home loan. Notice we did not say get prequalified- in today’s world a prequalification is... 04/22/2020

Special Government Home Renovation Loan Program using Wichita Falls 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.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.This loan... 08/08/2019

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... 05/02/2019

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... 03/25/2019

Being a Wichita Falls TX First Time Home Buyer 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 Wichita Falls TX First Time Home Buyer greatly outweighs renting for the following reasons:           Greater privacy.          Homes typically increase in v... 10/06/2017

We offer a special GOVERNMENT LOAN PROGRAM that can be used with your Wichita Falls TX FHA 203k 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). Existing HOME OWNERS or potential home buyers can remodel and UPDATE their homes without having a higher cost second lien because of this 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. 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... 06/02/2017

Coming Soon To Wichita Falls - High Caliber Gun RangeThe High Caliber Gun Range will be the first indoor small arms range in Wichita Falls fulfilling the six-year vision of owners Bobby Hulett and Mickey Fincannon.  The initial phase of this range will specialize in hand guns and rifles up to 50 caliber. Where: 7475 Central Frwy North, Wichita Falls, Texas When: Target Opening Fall of 2017 Contact: Bobby Hulett, (940) 733-7041 Follow Construction and important announcements: https://www.facebook.com/pg/highcaliberwf Read the full post at: http://lockhartrealestateteam.com/high-caliber-gun-range/  03/23/2017

Wichita Falls Real Estate Market Report - March 2017Enjoy this Wichita Falls Real Estate Market Report for March 2017.  You may also search for homes for sale and save your favorite properties.  Set up a search and be alerted when new properties matching your criteria come on the market.  Wichita Falls Housing Market Starts with a Bang in 2017Here is a look at the Wichita Falls Real Estate Market for February 2017.  According to a report released on March 14th by the Wichita Falls Association of REALTORS® (WFAR) there were 117 single family homes sold in February up from 115 homes sold in February 2016.  This is a 2% increase in home sales year over year while the average price remained constant.A Look at Housing StatsThe Wichita Falls Association of REALTORS® (WFAR) covers 5 north Texa... 03/15/2017

Home Staging Best PracticesIf pricing a home for sale correctly is the most important thing for attracting buyers to choose to make an appointment to view your home in person, staging is the most important thing to move them to make a buying decision.You might have heard that people buy on emotion and justify their decision with logic.  Even if your home you are selling is a logical fit for the buyer, if it has the right number of bedrooms, bathrooms, correct living space and is in the right location, the buyers are less likely to make an offer if they do not fall in love with the home from the moment they enter.You can find out what your home is worth in today's market easily.  Either call us at 940-228-1730 or use our Instant Home Valuation Calculator.  This tool allows you to obtain ... 03/15/2017

The Lockhart Real Estate Team, Keller Williams Realty Brings the ONE Thing Event to Wichita Falls, TX Transforming the Region to a ONE Thing CommunityThe ONE Thing Seminar, Stop Everything and do ONE Thing. If you could invest a few hours doing ONE Thing that could change the trajectory of your life, would it be worth it? Based on The ONE Thing, Gary Keller’s #1 Wall Street Journal bestseller featured on more than 250 bestseller lists, this seminar reveals the surprisingly simple truth behind extraordinary results. The ONE Thing is a book for busy people who want to accomplish more by doing less. Wichita Falls, TX, March 03, 2017 --(PR.com)-- Tim Lockhart, owner and lead agent of the Lockhart Real Estate Team, Keller Williams Realty is making it possible to bring national speaker and Vi... 03/03/2017

Real Estate Transaction in North Texas Closed by the Lockhart Real Estate Team Keller Williams Realty Helping Another Iowa Park HomeownerAnother happy customer in Iowa Park TX was helped by the Lockhart Real Estate Team Keller Williams Realty when they successfully closed on their Iowa Park home with 15 acres. This Iowa Park Home sold in only 8 days on market which is 89% faster than then average real estate transaction.Iowa Park, TX, February 25, 2017 --(PR.com)-- Tim Lockhart, owner of the Lockhart Real Estate Team, Keller Williams Realty has chosen Wichita Falls to grow both his business and his family. Upon retiring from the Air Force in 2013, Tim launched his real estate business choosing Wichita Falls and the north Texas region as his home and truly believes in the value of proper... 02/27/2017

Wichita Falls Real Estate Market Report - Feb 2017 Wichita Falls Housing Market Starts with a Bang in 2017Here is a look at the Wichita Falls Real Estate Market for February 2017.  According to a report released on February 13th by the Wichita Falls Association of REALTORS® (WFAR) 2017 began with 117 single family homes sold in January up from 80 homes sold in January 2016.  This is a 46% increase in home sales year over year while the average price remained constant.A Look at Housing StatsThe Wichita Falls Association of REALTORS® (WFAR) covers 5 counties: Archer, Clay, Young, Wichita and Wilbarger.  In this area for the month of January 2017: 117 Sales Closed -- Up from 80 in January 2016 173 Homes were In Contract expected to close soon 200 New Listings went on the market Average Day... 02/17/2017