Current list Price: $37,000 ($18,500* GNND price)
Square Feet: 1,026
Year Built: 1955
Lot Size: 7,200 sq. ft.
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 HUD 50% Off Home at 311 Yolanda Dr, San Antonio TX 78228. This home is currently listed under the HUD Good Neighbor Next Door program, where Police, Teachers, EMTs, and Firefighters get a 50% discount off of the price if they buy it. It will be listed that way until 2/20/2014, and if no GNND buyers make an offer, then it will get listed to the general public on 2/21/2014. It is currently listed for $37,000 so the GNND price is $18,500, plus a few minor fees added to the loan. The home will need to have the foundation inspected and likely repaired, and the home will need some painting, flooring, and a little sheet rock work, but for that price, I think it will still end up being a nice home. 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# 495-795137.
(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.
* GNND price will include small additional loan fees.
Jonathan de la Garza – Texas Broker