Mineral Wells, TX Real Estate News

By The Legacy Group, The LegacyGroup of CrossCountry Mortgage
(CrossCountry Mortgage)
Veteran’s Home Loans for Mineral Wells 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...
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By The Legacy Group, The LegacyGroup of CrossCountry Mortgage
(CrossCountry Mortgage)
The benefits of a preapproval (not prequalification) for Mineral Wells Texas Mortgage Loans. 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 Mineral Wells Texas Mortgage 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. This article will cover all of these.   Education    The steps necessary to purchasing a home in Mineral Wells, Texas starts with getting pre-approved for your home loan. Notice we did not say get prequalified- in today’s world a prequalification is...
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By The Legacy Group, The LegacyGroup of CrossCountry Mortgage
(CrossCountry Mortgage)
Special Government Home Renovation Loan Program using FHA 203k Rehab Loans in Mineral Wells Texas.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 Mineral Wells 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 renew.Buying 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 Mineral Wells TX First Time Homebuyer greatly outweighs renting for the following reasons:          Greater privacy.          Homes typically increase in value...
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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)
The benefits of a preapproval (not prequalification) for Home Loans in Mineral Wells 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 Mineral Wells 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 Mineral Wells, Texas starts with getting pre-approved for your home loan. Notice we did not say get prequalified- in today’s world a prequalification is n...
Comments 0
By The Legacy Group, The LegacyGroup of CrossCountry Mortgage
(CrossCountry Mortgage)
Being a Mineral Wells Texas 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 renew.Buying 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 Mineral Wells Texas First Time Homebuyer greatly outweighs renting for the following reasons:          Greater privacy.          Homes typically increase in...
Comments 0
By The Legacy Group, The LegacyGroup of CrossCountry Mortgage
(CrossCountry Mortgage)
The benefits of a preapproval (not prequalification) for Mineral Wells TX Home Loans. 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 Mineral Wells TX 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. This article will cover all of these.   Education   The steps necessary to purchasing a home in Mineral Wells, Texas starts with getting pre-approved for your home loan. Notice we did not say get prequalified- in today’s world a prequalification is not meaningful...
Comments 0
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...
Comments 0
By Tommy Miles, Builder/Realtor®
(Miles Realty Group)
Property for Sale at 000 US 281 at CR 2270, Mineral Wells, TX 76067 Owner Financing is possible with 20% Down. 13.438 acres of land for sale southwest corner of US 281 & FM 2270, just south of Hwy 254. Site offers more than 1,000 feet of frontage on US 281. North of Mineral Wells in Palo Pinto County. Costal Bermuda. Turkey Creek to FM 2270. This property could be commercial. Exterior & Lot Details               Lot Size: 13.5 Acres         Lot Description: Acreage             Zoning: Not Zoned  We would love to be your real estate agent if you are moving to the Palo Pinto County area. His extensive knowledge of the real estate market is your edge in finding the perfect home in Palo Pinto County. Visit our website to learn more www.tommymilesrealty.com If you don’t find what you are loo...
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By The Legacy Group, The LegacyGroup of CrossCountry Mortgage
(CrossCountry Mortgage)
The Legacy Group is happy to announce a new mobile app that allows home buyers to search for real, up to the minute, live MLS listings. The app is called “Home Scouting” and is a free home finding service provided directly to consumers by Home Buyers Marketing II, Inc, a licensed brokerage services company. Whether you’re ready to buy a home or just browsing, you’ll want to take advantage of the free Home Scouting app. This convenient app makes finding your dream home fast and easy. Home Scouting provides you with 100% of the active MLS listings, unlike some other public home search websites and apps. You receive the most accurate information available and with Home Scouting you can:  View every MLS listing·       Schedule a home showing  View sold home information  See detailed school ...
Comments 1
By The Legacy Group, The LegacyGroup of CrossCountry Mortgage
(CrossCountry Mortgage)
Being a First Time Home Buyer in Mineral Wells Texas 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 First Time Home Buyer in Mineral Wells Texas greatly outweighs renting for the following reasons:           Greater privacy.          Homes typically i...
Comments 0
By The Legacy Group, The LegacyGroup of CrossCountry Mortgage
(CrossCountry Mortgage)
We offer a special GOVERNMENT LOAN PROGRAM that can be used with your Mineral Wells 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 ...
Comments 0
By Carolyn Shipp, Mineral Wells Texas Real Estate
(Source 1 Real Estate)
Buyers and sellers in Mineral Wells, Texas that have city water need to be aware of some changes that have taken place in the city.   It is important for sellers to know, but it is imperative for the new buyers because they are the ones that will be affected the most. When a buyer purchases a home and goes into the water department to have their water turned on, the water department will then have them pay a $25 fee and the city of Mineral Wells Inspection Department will go out to the home and complete a Residential Certificate of Occupancy Inspection Report.   There are 34 items on the checklist that need to pass inspection.  There are six sections to the inspection:  Structural Standards, Property and Health Standards, Plumbing, Gas Systems, Electrical and HVAC/Mechanical.  Although ...
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By The Legacy Group, The LegacyGroup of CrossCountry Mortgage
(CrossCountry Mortgage)
The benefits of a preapproval (not prequalification) for Home Loans in Mineral Wells Texas.      Many consumers are not informed on the proper way for buying a home. This can be extremely stressful or enjoyable depending on how you choose to go about the home buying process for homes in Mineral Wells TX and 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. We will discuss each of these in this article.     Education     The proper way to go about buying a home in Mineral Wells, Texas begins with getting preapproved for your home loan. Please note that we did not say to get pre-qualified, in today's mortgage world a pre-qualification means nothing. You should cho...
Comments 0
By Carolyn Shipp, Mineral Wells Texas Real Estate
(Source 1 Real Estate)
It's hard to believe that almost a year has passed and it's time for the Crazy Water Festival already!  This year we have changed things a little so that we will be having activities on Friday and Saturday.  If you are looking for a fun and lively event, then this will definitely be a great time for you, your family and friends! Early morning, children's area Friday evening beginning at 5:30 p.m. we will have the car-cruise and car show.  Live Music, wine and art will be available and on display.  Evening winds up about 8:30 p.m. Saturday the festival itself begins!  Main Stage Area - Live Music All Day Featuring: Steve Poltz Salim Nourallah Carrie Elkin Stan CrawfordCrazyWaterJoshua Ingram & American Combo Jimmy Baldwin and Vaqueros Electronicos Coe Boys Adam Hull Doug and Jill Bryan C...
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By Carolyn Shipp, Mineral Wells Texas Real Estate
(Source 1 Real Estate)
Real Estate in Mineral Wells is a little unpredictable right now, as it is in many places.  This is only a snapshot report for our residential properties in Mineral Wells only.  It does not include outlying county areas. Lowest priced active listing at:  $22,000 Currently, we have 126 active listings ranging in price from $22,000 to $32,900,000.00.  The highest priced being 3,290 acres of land.  116 active lisings - currently for sale  (10 of these are foreclosures)  $22,000 to $32,900,000 6 active contingent - which means that there is a contract, but there is some type of condition that has to be met in order for the buyer to purchase the home (such as getting financing.)  $84,900 to $159,900 4 pending - waiting to go to closing  (2 of these are foreclosures)  $34,900 to $175,000 The ...
Comments 2
By Donnie Keller, Reata Realty Group At Compass
(Compass)
The Resurrection Of The Historic Baker "Crazy Waters" Hotel In Mineral Wells, Texas A group from Southlake Texas are planning a $54 million renovation of the 14 story Baker Hotel in Mineral Wells Texas.  This is big news for the small town of 17,000 people in Eastern Palo Pinto County.  The development group has been working on bringing this a reality for 3 1/2 years. The hotel is the largest building in Mineral Wells and in it's day was one of the largest health spas in the country.  The Baker Hotel opened in Mineral Wells Texas in 1929 during the height of the mineral water craze.  In it's heyday, the Baker included mineral baths, golf course, three dance floors, and a rooftop nightclub.  Hollywood Stars like Jean Harlow, Clark Gable, Judy Garland strolled the halls and danced away in...
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By Carolyn Shipp, Mineral Wells Texas Real Estate
(Source 1 Real Estate)
Below is a market update for Mineral Wells, Texas through 10/30/2009.  The numbers provided were obtained using the North Texas Real Estate Information System.  This update is for the Mineral Wells area only, no other cities in Palo Pinto County are included.
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By Carolyn Shipp, Mineral Wells Texas Real Estate
(Source 1 Real Estate)
Here is the market update for week ending 10/10/2009 for the city of Mineral Wells.  The information provided does not include commercial data or any other cities within Palo Pinto County.  All data was collected via the Greater Metro West Association of Realtors MLS.  
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Mineral Wells, TX Real Estate Professionals