INVESTING in Austin Foreclosure Home's and Austin HUD Home Bargain's
I've GOOD NEWS and BAD NEWS for you - if you're an Austin Texas real estate investor...
If you want to buy Austin foreclosures homes or HUD foreclosures now, the BAD NEWS is that you're going to need a MINIMUM of 10-20% Down Payment now. Sorry. Lending regulations & underwriting rules have changed drastically if you're buying rental homes or doing fix & flips - and the Non-Owner loans got hit the worst. Currently, the best interest rate out there is a 6.875% 30-year fixed with no pre-payment penalty, and with 10% down payment. But, these mortgage loans and down payment requirements are changing almost daily for Austin Texas real estate.
So then, the GOOD NEWS is (if you've got 10-20% down payment and cash for remodeling...) is that there are some fantastic foreclosure and HUD home buying opportunities in the Austin Texas Real Estate market right now! See more information at home page.
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If you've got 10-20% down payment - in a 401k or cash/checking account, we can help you buy Austin HUD homes for $20,000 to $75,000 below market. But, you are required by HUD to be fully Pre-Approved - and your $1,000 Earnest Money check will be non-refundable if you can't close, when you win your bids! Read more about becoming an Austin Texas Real Estate millionaire here!
Call me at (512) 289-9900 and we'll discuss your loan situation if you've got 10-20% for a down payment (...and I don't work with Carleton Sheets $0 Down 'fantasy' investors.) Choose an very good Austin Texas Realtor to represent your legal and financial interests when buying Austin Texas Real Estate. Hiring a Buyers Agent costs you nothing - as Buyers Agent real estate agents get paid our commissions from the Sellers - not you! Ask me about my special New Home Broker Program saving you $7,500 to $14,500 or more buying an Austin new home as an investment property or rental.
You really need a good Austin real estate agent to advise you on pricing and legal issues for your protection. Call me for the hottest Austin new builder 'closeout' deals at 512-289-9900, as I can help you negotiate a fantastic deal from the popular Austin new home builders closeout home deals - something you should seriously consider buying too!
FYI - I personally own $585,000 of investment rental homes - and a few years ago, bought 6 homes in one year alone. Buying Austin Real Estate is a very good investment now - if you can qualify to buy!
Are you ready to get started?
What part of town would you prefer looking at new homes and/or resale Austin Texas Homes for sale? Popular areas to search for houses nearby also include Austin Texas Real Estate, northwest Austin homes in Cedar Park Texas Real Estate and homes north of that in Leander Texas Real Estate, or homes in popular Round Rock Texas Real Estate.
(512) 289-9900