THIS ONE SOLD
Is San Antonio real estate a good investment? I certainly think it is, and with current interest rates there really has been no better time to buy, since I’ve been selling homes in the mid 90′s. As a Texas real estate broker, I have sold all types of San Antonio foreclosures but HUD homes tend to be the easiest government owned homes to buy. Please look over the website for any other HUD Homes that may be in your area, because in Texas there are on average 1,000-1,700 HUD homes on the market every day.
In this post we have a HUD Home at 4022 Sunrise Creek, San Antonio TX 78244. Let me make a bold statement here, this house is going to need quite a bit of work, but I honestly think that it would make a great rental property or a nice starter home if you don't want to rent. The garage has been converted into another bedroom (4th) and there's little curb appeal, but when you consider that your monthly payments are going to be less than $500, I think some owner/occupant buyers may be willing to accept that trade off. The home is going to need some painting, flooring and sheetrock repairs, as well as replacing some exterior siding, but once that's done, the home will look great! This home is currently priced at $48,000. 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 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# 495-553844.
Watch the real virtual tour:
Jonathan de la Garza – Texas Broker