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 4807 Castle Sword, San Antonio, TX, 78218. This home is listed currently under the 50% OFF HUD Lottery program, where if you're a Teacher, Firefighter, EMT or Police Officer you get a huge discount off of the price. It's currently listed for $72,000 so the GNND price is only $36,000! There are some minor fees that get rolled into your loan and you must live here for at least 3 years, but it's still one of the best ways to buy a home out there. It's in average condition, in fact the exterior is fine and only needs a little power washing, and inside you'll want to add a fresh coat of paint and a little flooring. If it does not get any offers from an GNND buyer then it will go on the market to the general public at the original list price, but 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? 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# 495-914351.
(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.