THIS ONE SOLD
Current list Price: $79,000 (This home is under the HUD "GNND" program, qualified buyers get a 50% discount)
Square Feet: 2,078
Year Built: 2002
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 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 Texas HUD homes average between 1,000-1,700 homes on the market every day.
In this post we have a Texas HUD Home at 10331 Shady Meadow, San Antonio TX 78245. This home is under what is known as the Good Neighbor Next Door program. If you are a Fireman, Teacher or EMT that services the area that this home is located, or if you are Police/Law Enforcement you get a 50% discount off of the price! You cannot currently own a home or have owned one in the last 12 months to be eligible and you must live in this home for at least 3 years as your primary residence of you want the other 50% forgiven. You must also be able to qualify for financing, meaning that you have to have good credit. These home are the absolute best homes to buy if you can qualify for them. If no GNND buyer submits an offer, then the home will be available to the general public at the current list price on the following due date. Call us fast! 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# 495-760002.
HUD Home Listing Link (if the home does not appear on the link it may be under contract)
Jonathan de la Garza – Texas Broker