Current list Price: $177,000 (GNND Price: $88,500*)
Square Feet: 3,250
Year Built: 2002
Lot Size: 5,100 sq. ft.
In-ground swimming pool
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 500-800 homes on the market every day. Some are ideal investor homes needing only minor repairs before renting.
In this post we have a Texas HUD Home at 1235 Butler Dr., San Antonio TX 78251. This home is currently listed under the Good Neighbor Next Door program, where qualified buyers get a 50% discount on the price of the home. The GNND bid period ends on 2/12/2014 and if no GNND buyers bid, then it will go to the general public. That equates to more than an $80,000 savings here. It's probably the best way to buy a home in the city! You need to be a Police officer, teacher, EMT, or Firefighter that services this area in order to buy. You also cannot have owned a home in the past 12 months. This is an enormous 4 bedroom home with a nice media room on the upper level, and the whole home needs very little work. 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# 495-626462.
(if the home does not appear on the link, it may be under contract)
* on GNND homes addiontal minor loan fees may be added to the 50% discount
** 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