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 739 Canton, San Antonio TX 78202. This is a very inexpensive home that will need quite a bit of repairs, but if you have a good repair crew, it will still be a great investment. The home itself will need a foundation inspection and adjustment, and that might be the biggest expense when you buy it. You're also going to want to put some flooring and a fresh coat of paint. Those things are pretty standard in HUD homes. But it's a 3 bedroom home and the rental comparables are from $675-$800 per month in this area. 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# 495-479653.
** 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.