HUD Good Neighbor Next Door Program – The HUD King tours 14207 Prestwood

14207 Prestwood

Current list Price: $65,000 ($32,500 for GNND buyers + other additional fees)

Bedrooms: 4

Bathrooms: 2

Square Feet: 1,743

Year Built: 1975

Lot Size: 7,904 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 500-800 homes on the market every day.

In this post we have a Texas HUD Home at 14207 Prestwood, San Antonio TX 78233.  This home is currently listed under the Good Neighbor Next Door program, which means that qualified buyers get a 50% discount off of the list price.  "GNND" buyers are police officers, firefighters, teachers, and EMT's.  They must occupy the home for 3 years and they cannot have owned a home for the past 12 months.  It's a amzing opportunity if you are eligible.  This home sits on a large corner lot and will need some TLC in the way of painting, flooring, a little sheet rock work, some tile work in the bathroom, and I suggest having the foundation looked at.  It seemed a little sloping in the middle of the home.  Still, after fixing everything that it needs, at this price, you're still way ahead of the game.  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# 495-865167.

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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