Foreclosed Properties to Choose from in San Antonio and Bexar County Texas
Foreclosures in San Antonio, and Bexar County Texas
Buying a foreclosure in San Antonio and Bexar County is still a good investment for many buyers who want to put in a little sweat and hard work fixing up one of these bargain deals on the market today. There are presently some 156 foreclosed properties in San Antonio and Bexar County, Texas. That’s less than 2% of all the available home in the city and county.
Prices range from $25,000 for a single one bedroom fixer upper to $973,875 for a luxury home in beautiful Olmos Park Subdivision. All of these foreclosures have nice equity, and many only require new flooring, new paint, hardware and lighting fixtures, and some Sheetrock repairs. Remember you can apply for the FHA Streamline Rehab loans for up to $31,500 in conjunction with an FHA loan. Depending on the amount that you want to spend fixing up one of these foreclosed properties in San Antonio and Bexar County Texas, it may be better to get a separate loan from your local credit union or local bank.
Now, is still a great time to buy while the interest rates are low, and many of these foreclosed properties may not be available if you wait too long. Foreclosures are certainly not for everyone, but if you decide you want to invest some time, effort, and money into one of these bargain deals, give me a call today! Remember, the procedure is slightly different for each type of foreclosure, and you will need someone who knows and understands this whole process.