HUD Homes – The HUD King tours 7718 Northway Dr.

7718 Northway

Current list Price: $61,500

Bedrooms: 3

Bathrooms: 1

Square Feet: 1,199

Year Built: 1961

Lot Size: 7,200 sq. ft.

FHA Repair Escrow: $1,650 – plumbing, shingles, electric

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 7718 Northway Dr., San Antonio TX 78213.  This is a charming little 3 bedroom home that needs a little TLC and a famliy to make it a home.  There's an addition that is on the rear of the home giving you an additional large living area, and it looks like it was professionally done.  They even added a fireplace!  This home is not equipped with a central HVAC system, it has one central heater and window units for the cooling, but they framed out the area for the window units and it looks pretty nice!  There's a small repair escrow to address some minor issues if you want to purchase the home with an FHA loan.  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# 495-867213.

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


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