If you asked me whether or not Texas real estate is a good investment the simple answer is yes. With interest rates at their lowest since I’ve been selling real estate, there is no better time to buy. As a Texas real estate broker, I have sold all types of regular real estate, affordable homes, and foreclosures. From county owned tax sales, to bank owned, VA owned, Fannie Mae and Freddie Mac owned, but HUD homes tend to be the easiest and best government owned homes to buy. Please look over the website for any other HUD Homes that may be in your area, because currently Texas HUD homes average between 400-700 homes on the market every day. Some are ideal investor homes needing only minor repairs before renting, so if you're looking for cheap HUD Homes, you've found the guy to help you.
This is something that HUD has established called the Good Neighbor Next Door Program, where qualified Teachers, Firefighters, Police Officers and EMT (the guys that drive/ride in ambulances) get a huge savings on the price of the home. The home has to fall into a certain area and the buyers must have not owned a home in the prior 12 months. In addition, they must occupy this place for no less than 3 years in order to get the full discount. In this post we have a Texas HUD Home at 2870 Goldsmith St., San Antonio, TX, 78203. The home only really needs very minor touching up, like painting and carpeting. You get 3 bedrooms and 2 bathrooms as well as a 1 car garage. It's listed for $62,000 so the "GNND" buyer gets it for $31,000 plus some minor fees that get rolled into the loan. Plus they can use the $100 down payment if they want and HUD will pay 3% of your closing costs. Take a look at the video and see what you think, or search my webpage for other Texas HUD homes in your area. t’s as easy as entering a Zip code in the “Search Site” space to the right of this post. FHA Case# 495-676123.
(if the home does not appear on the link, it may be under contract)
** Depending on when you see this video, this home may or may not be under contract. To find out if it is still Active and on the market please call or email me if you're interested in this or any other home, I would love to earn your business.