HUD Foreclosures

Despite what you or I may think about the current state of the U.S property market and the mis-handling of the situation by the financial institutions, the simple fact is that there are hundreds of thousands of foreclosed properties for sale.

The other fact is that most of these properties are owned, either directly or indirectly by the government and the banks. This presents an enormous opportunity to buy property as an investment at a low price.

I will not make the mistake of trying to tell you this property is “50% below market value,” because the market has dropped considerably and many of these properties are not in prime condition. That doesn't mean there are no bargains to be found, just that you shouldn’t believe much of the hype produced by the media.  

Harold Carter, REALTORS is the exclusive HUD Listing Broker for 22 Counties in Northeast Texas                          

               Serving all areas of the Dallas Metroplex, Denton, Tyler, Longview and East Texas.

If you are a first time home buyer I know the  homebuying process can seem complicated. If you allow me to show you  the step-by-step process, you will soon be holding the keys to your own home! 

 And there is a tax credit of up to $8,000  available for qualified first-time home buyers purchasing a principal residence on or after January 1, 2009 and before December 1, 2009.

 Whether you are a first time buyer or an experienced investor, give me a call.