San Antonio HUD Homes – The HUD King tours 7018 Elusive Pass


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 7018 Elusive Pass, San Antonio TX 78233.  This is a very large 3 bedroom 2½ bath home, over 3,080 square feet that was built in 2001.  It sits on a corner lot so you get extra room for your landscaping and for your kids to play.  All bedrooms are located on the second level along with an upstairs living room.  Downstairs you have a combined formal living/dining room, a breakfast area and open family room.  This home will need some flooring, sheet rock repairs and painting, but you get to customize all the upgrades yourself.  It was appraised over $154,000 in 2012 and is now listed for $120,000!  That's more than $34,000 BELOW the tax value.  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# 495-657122.

Watch the real virtual tour:

HUD Home Listing Link

Jonathan de la Garza – Texas Broker


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