Current list Price: $32,000 ($16,000 Lottery Buyer Price)
Square Feet: 856
Year Built: 1985
Lot Size: 5,060 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 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 5977 Burning Sunrise Drive, San Antonio, TX, 78244. This home is listed currently under the HUD lottery program where “Good Neighbor Next Door” buyers can purchase this home with a 50% discount. It’s the best way to buy a home in my opinion. You must be a full time law enforcement, teacher, EMT, or firefighter in order to qualify and you must live here for at least 3 years to get the full discount. The home will need a bit of cosmetic touching up, but for $16,000 what do you expect? This is a 2 bedroom 1 bath home with 856 square feet built in 1985. The list price is $32,000 so the GNND price is only $16,000! If it does not sell to a lottery buyer then it will be listed to the general public for $32,000. HUD will pay 3% of your closing costs. 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? 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# 495-816741.
(if the home does not appear on the link, it may be under contract)
** Depending on when you see this video this home (or others on this website) may be Sold, Active, or Pending. To find out the current status please contact me via phone or email. I would love to earn your business.
Jonathan de la Garza – Texas Broker