HUD Good Neighbor Next Door Program – The HUD King tours 915 Ridingate Farm


Current list Price: $83,000 ($41,500 plus some minor fees to qualified GNND buyers)

Bedrooms: 4

Bathrooms: 2

Square Feet: 3,195

Year Built: 2008

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 915 Ridingate Farm, San Antonio TX 78228.  This home is currently listed under the HUD Good Neighbor Next Door program where qualified “GNND” buyers get a 50% discount off of the price.  It will be under that program until March 4th, and on March 5th if no GNND  buyers submit an offer then it will be available to the general public at the full list price.  GNND buyers have to live here for at least 3 years and they cannot have owned a home for the prior 12 months to submitting an offer on this home.  It’s an amazing way to save money on a home and in my opinion is possibly the best way to buy a home if you can qualify for it.  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 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# 495-784275.

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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