HUD 50% off Homes – The HUD King tours 810 Absolon Farm

810 Absolon Farm

Current list Price: $88,000 ($44,000* for qualified GNND buyers)

Bedrooms: 3

Bathrooms: 2½

Square Feet: 1,965

Year Built: 2009

Lot Size: 5,320 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 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 Texas HUD homes average between 900-1,500 homes on the market every day.

In this post we have a Texas HUD Home at 810 Absolon Farm, San Antonio TX 78228.  This home is currenly listed as a Good Neighbor Next Door property, meaning that qualified buyers get a 50% discount off of the price!  To be considered a qualified buyer you must be a full time teacher, EMT, firefighter, or police officer, and have not owned a home in the past 12 months.  It's an incredible program and in my opinion, one of the best types of homes to buy.  They must also occupy this home for at least 3 years in order to get the full discount.  There are other details in the program, so if you are GNND buyer or you know   of one looking for a home, please contact me.  If this home does not sell to a GNND buyer then it goes on the market to the general public at the original list price, which is still $8,000 under the tax value.  If you’re interested please call us fast though!  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.  It’s as easy as entering a Zip code in the “Search Site” space to the right of this post.  FHA Case# 495-835769.

HUD Home Listing Link (If the home does not appear on the link it may be under contract)

Jonathan de la Garza – Texas Broker


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