50% OFF HUD Homes – The HUD King tours 1915 Red Elm

1915 Red Elm

Current list Price: $93,000 ($46,500* GNND Price)

Bedrooms: 3


Square Feet: 1,603

Year Built: 2000

Lot Size: 6,426 sq. ft.

FHA Repair Escrow: $1,100 – Paint exterior

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.

In this post we have a Texas HUD Home at 1915 Red Elm, San Antonio TX 78227. This home is currently listed under the Good Neighbor Next Door program, where qualified buyers get a 50% discount off of the price. Qualified buyers are Police Officers, Teachers, EMT's and Firefighters that have not owned a home in the previous 12 months. It's probably the best way to buy a home in the state. It's currently listed for $93,000 so the "GNND" buyers get it for $46,500. There are some other minor fees that get rolled into their loan but they still end up dating around $40,000 on the appraised value! If no GNND buyers submit an offer by 3/30/2014 then the home will get listed the general public for the original list price. HUD will pay 3% of your closing costs. There have been some tremendous savings on HUD Homes lately so if you are looking for a home to live in or some houses to pick up as an investor, now is the time to buy. All HUD Homes are time sensitive so you need to call me as soon as possible to discuss your buying options. Did you know that on some HUD Homes, HUD will loan you money to do repairs?  Another neat thing about HUD homes is that  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# 495-683858.

HUD Home Listing Link 

(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.

Jonathan de la Garza – Texas Broker


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