Joe T. Garcia’s – A Fort Worth Landmark

The chorus to George Strait’s hit song titled, “Does Fort Worth Ever Cross Your Mind” played on a local station today and got me thinking about Joe T. Garcia’s.

Gina and I had dropped by the restaurant, located just south of the Fort Worth Stockyards, after we listed a property in North Richland Hills and I had taken the photo below on my iPhone as we stood in line waiting for a table to open.

Joe T. Garcia's - A Fort Worth Landmark

Copyright 2010 - Tom Branch

Joe T. Garcia’s, known as “Joe T’s” among locals, was first opened on July 4th, 1935. The original restaurant seated 16 people and people would line up for hours to try out the famous enchiladas and hand-made tortillas.

Joe believed that the best form of advertising was word of mouth and did no traditional advertising. Joe and his family provided great meals and great service so despite no traditional advertising their family business flourished and grew.

Joe passed away in the early 1950′s leaving his wife and family to take over the reins. In the 1970′s a garden patio was added and every year after that saw an expansion of the gardens or the addition of a room. Over the years seating capacity has increased to almost 1000 and you still have to wait in line to get a seat!

The next time you’re in Fort Worth consider dropping by this landmark and give the food and hospitality a try! Don’t be surprised if you have to stand in line…

Tom Branch, Broker, CDPE, SFR

The Finish Line – Another Short Sale Closing – Fort Worth, TX

Short Sale Closing - Fort Worth, TX

Another short sale closed!  The sellers avoided foreclosure, the buyers purchased a nice home at a discount, and the lender did not have the losses involved with a foreclosure.

Many people feel that the nation’s economy rises and falls with the housing market.  While this is often true, we believe the current housing crisis is a direct result of the economic downturn and massive job loss across the nation. 

In the Short Sale community, the vast majority of homeowners did not get a bad loan or buy more house than they could afford; they’re just good, hardworking Americans who fell on bad times.

All indicators point to Short Sales being on the real estate horizon for the foreseeable future, at least through 2012, and maybe longer.  Industry experts see another wave of distressed homeowners surfacing when the once popular Pay Option Adjustable Rate Mortgages (ARMs) begin to adjust in the coming months.

These mortgages allowed the borrower to essentially “pick a payment” that fit their budget in order to get into the house they wanted to purchase.  These loans have the potential to negatively amortize and the rate will adjust upward – it’s just a matter of time.  Pay Option ARMs were widely used in California and will begin adjusting soon.

We encourage homeowners across the United States to get educated on the options available should they become financially distressed.  Short Sales are a great tool, providing relief to all parties. 

Just remember to choose a REALTOR® with a proven Short Sale track record to negotiate on your behalf.  Making the right choice can mean the world of difference to your financial future.

Homes For Sale – Fort Worth, TX – 2749 Purple Sage

Homes For Sale - Fort Worth, TX - 2749 Purple Sage

4 Bedrooms | 3 Baths | 2-Car Garage |  2118 SF

Homes For Sale - Fort Worth, TX. Preforeclosure. Former Merrit model home on 1 acre. Open kitchen with breakfast bar, Corian type counters, and black GE appliances. Comfortable living room with wood-burning fireplace, crown molding, and pre-wired for surround sound. Elegant formal dining. Spacious master suite. Master bath with garden tub, dual vanities, separate shower, and walk-in closet. Separate guest suite with private bath. Remaining two bedrooms and bath split. 

Click here for current status, pricing, details and photos.

Source: NTREIS | Photo Credit – Tom Branch