FHA Repair Escrow: $5,390 – Replace roof, replace water heater
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 400-700 homes on the market every day. Some are ideal investor homes needing only minor repairs before renting, so if you're looking for cheap HUD Homes, you've found the guy to help you.
In this post we have a Texas HUD Home at 5910 Les Harrison Dr., San Antonio TX 78250. This is a nice little starter home located just off of Culebra inside Loop 1604. The home is going to need a little TLC in the way of painting, some flooring, a little siding repair and there's a $5,390 repair escrow to replace the roof and the water heater, if the buyers decide to buy the home with an FHA loan. It's currently listed for $106,000 and 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# 495-859761.
(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.