THIS ONE SOLD
Current list Price: $56,000 ($28,000 for qualified GNND buyers)
Square Feet: 1,268
Year Built: 1977
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 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 Texas HUD homes average between 900-1,500 homes on the market every day.
In this post we have a Texas HUD Home at 13615 Larkbrook St. San Antonio TX 78233. This home is currently listed under the HUD Good Neighbor Next Door Program, which means that in order to be able to buy it at the 50% discount, you have to be a full time employed Teacher, Police Officer (law enforcement), Firefighter or EMT. It will be listed as a "GNND" home until 3/18/2013 and if no GNND buyers submit an offer, then it will be available to the general public. As a GNND buyer you cannot have owned a home in the past 12 months and if you are anything other than the Police Officer, you must service the area where the home is located. You will have to occupy the home as your primary residence for 3 years but after that time the other 50% discount will be forgiven. If you’re interested please call us fast though! 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 Texas 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# 495-723024.
HUD Home Listing Link (If the home does not appear on the link it may be under contract)
Jonathan de la Garza – Texas Broker