San Antonio HUD Homes – The HUD King tours 7014 Cole Creek


If you asked me whether or not San Antonio real estate (and the surrounding areas) are 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 foreclosures, from county owned, to bank owned to VA, Fannie Mae and Freddie Mac owned, 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 7014 Cole Creek Drive, Converse TX 78109.  This is the epitome of a great starter home.  It's not too big and doesn't need much work in the way of repairs.  Not only that, but there's over $10,000 in equity under the county appraisal.  This home offers you 3 bedrooms, 2 baths, is about 1,110 square feet and was built in 1999.  It is going to need some painting and a little bit of carpeting/flooring but that's about it.  You get to customize this home to your taste, and when you're ready to move out I believe that this home will make a great rental income property.  The home is currently listed for $65,000 which will put your monthly payments around $625/month which includes taxes and insurance.   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# 495-784827.

Watch the real virtual tour:

HUD Home Listing Link

Jonathan de la Garza – Texas Broker


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