HUD homes Good Neighbor Next Door Program – The HUD King tours 2555 Jade Hill

2555 Jade Hill

Current list Price: $93,000 (GNND Price $43,500 + some minor loan fees)

Bedrooms: 3

Bathrooms: 2½

Square Feet: 1,611

Year Built: 1995

Lot Size: 5,368 approximate 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 2555 Jade Hill, San Antonio TX 78251.  This is what's known as a Good Neighbor Next Door home, meaning that if you're in Law Enforcement, a Firefighter, Teacher, or EMT, and you have not owned a home for the past 12 months, you might be eligible to submit an offer on this home.  It's ONLY available to "GNND" buyers that need a home to live in, not to buy as in investor that won't live in it.  You are also expected to live here for at least 3 years if you want the full 50% discount forgiven.  These are without a doubt the best types of homes to buy, if you qualify.  If no GNND buyers submit offers, then it goes to the general public.  Offers on this home are due 12/18/2013 by midnight.  Yes this home will need a little TLC in the way of painting, flooring, and sheetrock repair, but when you consider that you end up getting it for more than $42,000 BELOW the county appraisal, those little issues are very minor.  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# 495-716205.

HUD Home Listing Link (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.

Jonathan de la Garza – Texas Broker


Leave a Reply

Your email address will not be published. Required fields are marked *


two × 1 =