Lottery HUD Homes – The HUD King tours 907 Cormorant

Current List Price: $157,000 (GNND Buyer Price: $78,500)

Bedrooms: 4

Bathrooms: 2½

Square Feet: 2,478

Year Built: 2007

Lot Size: 8,428 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 907 Cormorant, San Antonio, TX, 78245.This home is currently listed under the HUD Lottery program open to Good Neighbor Next Door buyers, which are Teachers, Firefighters, EMT, and Police officers. If they haven’t owned a home in the past 12 months and if they agree to live in this one for 3 years, them they can make an offer to buy this home, PLUS they get a 50% discount off of the home. That means they get $78,500 OFF THE PRICE! That’s some serious savings! If the Lottery buyers don’t make an offer, then it will open up to the general public on 3/17/2015. This home is going to need some flooring, painting, a little sheetrock and trim work, but considering the savings, that’s all minor. It will be listed for $157,000 and with the discount GNND buyers get it for $78,500! Plus 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# 495-784864.

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 (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


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