NEW HOUSES WE BE UPLOADED UNDER current houses   SOON!

 

How This Works
If you are looking for bargain real estate in Lubbock, Texas, you have come to the right place. Discount Housing Of Lubbock has been said to have the cheapest real estate in Lubbock, Texas. We work with major mortgage companies who need to LIQUIDATE properties FAST! This is why YOU have the potential of buying a home for a fraction of what the home is actually worth….between 60%-85% of the actual market value of the home (many times depending on condition), although sometimes they even sell below that! The companies we work with include Wells Fargo, Countrywide, Bank of America, Saxon Mortgage, etc.

You can click on our current houses link to see all of the available properties. Most of them have a video available to view the inside and outside of the home. After viewing them online and reading the descriptions of the properties, the next step is to view the home in person. For that, you will need to sign up as an exclusive buyer, so that we can provide you with the lock box code to the property. This way you can do inspections of the home on your own time! If you would not like to sign up as an exclusive buyer, you can e mail us, and we can send a representative to open up the home for you!

After that, submit your most reasonable offer online (no ridiculous offers please), and we will see if we can get it approved! Most offers are approved at a 15%-40% DISCOUNT! In most cases, to buy at these prices you will need to have cash, credit line, or a QUICK bank loan. If you are buying with a normal loan, the price is subject to increase due to the length of time it takes to close, although you will still receive a discount. We cannot guarantee that a property advertised will still be available by the time you contact us as they sell quickly. All properties are sold in as-is condition. Once approved, we will have a representative meet you to sign a contract (keep in mind there is no option period), and at closing you will own a wonderful home for a fraction of the price! It is that simple and that GOOD! There has never been so many opportunities for purchasing real estate in Lubbock, Texas as a result of Lubbock making its own local branch of Discount Housing available to the public in 2008.

Top 3 Investing Tips

Tip #1 : When getting financing for a flip, make sure the mortgage company you use sets your loan up where you pay the interest at the end of the loan term. This will increase your monthly cash flow significantly, and will free you up to buy more properties at one time.

Tip #2 : Get financing through a local loan company. They are much more efficient, reasonable, and negotiable.

Tip#3 : Always market your houses with pictures. You will have 50% more views of your property ad if there are pictures available from the get go.