HUD Homes For Sale in San Antonio, TX

Buyers, Investors, if you are still looking for a bargain, HUD Homes For Sale in San Antonio, TX are still a great deal. Although most of these HUD Homes are NOT in Move-In Ready conditions, many may only require some sweat equity for painting or new flooring. Now is not the time to get discouraged while buying a HUD Home For Sale in San Antonio, TX, since there are programs for remodeling that kitchen, bath, or even adding an extra room.

In addition to applying for a normal FHA loan, buyers may be able to obtain a FHA 203 Streamline Loan, or the FHA 203k Rehab Loan for major repairs on that roof or the foundation. In the state of Texas, buyers may apply for FHA Streamline Loans up to $35,000, even more for that FHA 203k Rehab Loan. The first step is to find an agent, who knowledgeable on the FHA HUD Home Buying process, who can then recommend you to those qualified Mortgage Lenders, who offer buyers the FHA 203 Streamline or FHA 203k Rehab Loans. It may be a lengthy process with getting bids from various contractors to perform the desired remodeling work, but it may be well worth the effort.

There are presently approximately 62 HUD Homes For Sale in San Antonio, TX ranging in prices from a low $24,000 to a high $370,000. Yes, keep in mind that HUD Homes are not always in the price range less than $150.000, since you will note there are several that are above that price range. During the month of May 2013, 49 HUD Homes sold in San Antonio from $20,000 to $172,000. Presently, there are some 56 HUD Homes in a Pended Status with prices ranging from $22,500 to $308,000, which means that June will certainly have more HUD Homes sold than the month of May.

HUD Homes For Sale in San Antonio, TX tend to move quickly since they are rarely on the market longer than 36 days. Call Today for assistance to 210-789-4216, and let’s get the ball rolling with a bargain deal on a HUD Home in the San Antonio or surrounding areas.

Texas Affordable Housing Programs

Texas Affordable Housing Programs

Texas REALTORS® believe that knowledge is power for consumers, particularly those who are striving to afford their first home. Here are links to some online resources that can help you achieve your dreams of homeownership.

Texas First Time Homebuyer Program

Fannie Mae Single Family Resources

Texas Veterans Land Board

USDA Rural Development

Texas Association of Local Housing Finance Agencies

Southeast Texas Housing Finance Corporation

Texas State Affordable Housing Corporation

First Southwest Company - Single Family Bond and Mortgage Credit Certificate program

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