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| Serving the
Real Estate needs of the Dallas / Fort Worth Metroplex area for over 20 years. |
"Need Financing?
I can help,
ask me how"
Call Today... |
Wanted
First - Time
Home Buyers
New Or
Pre-Owned
Homes |
Satisfied Real Estate Buyers & Sellers
Of New Homes
Pre-Owned Homes
HUD & VA Homes
In All Of The
Following Cities:
Aledo, Arlington,
Azle, Bedford,
Cedar Hill,
Cedar Park,
Colleyville,
The Colony,
Corinth,
Euless,
Fort Worth
(Park Glen,
Summerfield's)
Fort Worth,
(West Point)
Haltom City,
Hickory Creek,
Hurst,
Grand Prairie,
Grapevine,
Keller,
Mansfield,
Red Oak,
Richland Hills,
River Oaks,
Roanoke,
Saginaw,
The Colony,
Trophy Club,
Watauga,
Waxahachie,
Weatherford,
White Settlement,
Willow Park |
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FORT WORTH REAL ESTATE HUD HOME SALES
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935 Glade Rd. W.
Hurst, Texas 76054
Tel: (817) 485 - 8458 |
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HUD HOMES
LICENSED & CERTIFIED
FORT WORTH / DALLAS
REAL ESTATE BROKER
HUD HOMES FOR SALE
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At Casteel Real Estate you can avoid the countless hours of search for a home. With our listings of homes for sale in the Dallas / Fort Worth
area, in no-time-at-all, you'll be realizing your new dreams. A new home, all your own.
$8,000 First-time Home Buyer Tax Credit
& $6,500 Move-Up / Repeat Home Buyer Tax Credit is still available. Available on New, Pre-Owned, VA and HUD Homes. Call Bob immediately to get info
on getting this credit." CALL TODAY!
Special Rules for Members of the Military, the Foreign Service
and the Intelligence Community
Congress has acknowledged the unique circumstances affecting members of the
military, the foreign service and the intelligence community by making the
following exceptions that apply to both the $8,000 tax credit for first-time
home buyers and the $6,500 tax credit for repeat home buyers.
Exemption From Tax Credit Recapture Rules
* Typically, homes that are sold or that cease to be used as a principal
residence within three years of the initial purchase are subject to recapture of
the tax credit.
* However, qualified service members who sell or move from a tax credit home
within three years of the initial purchase due to official extended duty are
exempt from the recapture rule.
Extension of Tax Credit Deadlines
* The home buyer tax credit is available for qualified purchases with a binding
sales contract in place on or before April 30, 2010 and closed by June 30, 2010.
* However, for qualified service members who are ordered on a period of official
extended duty, these dates are extended for one year. For these home buyers, the
tax credit applies to sales with a binding sales contract in place on or before
April 30, 2011 and closed by June 30, 2011.
* A person who is forced to return to the U.S. for medical reasons before
completing an assignment of at least 90 days of qualified official extended duty
outside of the United States may qualify for the one-year extension.
Definitions
* “Qualified service member” means a member of the uniformed services of the U.S
military, a member of the Foreign Service of the U.S., or an employee of the
intelligence community.
* “Official extended duty” means any period of extended duty outside of the
United States for at least 90 days during the period beginning after December
31, 2008 and ending before May 1, 2010.
HUD
HOMES FOR SALE
FHA Financing - 3.5% Down
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LOOKING
For HUD HOMES FOR SALE IN - Arlington - Keller - Fort Worth - North Richland - Watauga - Hurst: Tarrrant & Dallas County
+++ PLUS+++
$100 DOWN PAYMENT TO OWNER OCCUPANT BUYERS WHO HAVEN'T OWNED A HOME IN THE LAST
THREE YEARS AND WHO OFFER & WIN A BID EQUAL OR GREATER THAN HUD'S FULL ASKING
PRICE.
YOU SHOULD START BIDDING NO LATER THAN 25 OCTOBER. THERE WILL BE TREMENDOUS
DEMAND FOR THESE GENERALLY UNDER PRICED HOMES AS WE APPROACH THE NOVEMBER
DEADLINE. (Congress may extend)
I WILL REPRESENT YOU EXCLUSIVELY* WITH HUD
ON ANY HUD PROPERTY THAT YOU CHOOSE TO BID - 20 YEARS EXPERIENCE IN BIDDING HUD
HOMES.
*IMPORTANT NOTE: THE BROKER WHO IS LISTED ON THE
WEB-SITE AT THE BOTTOM OF EACH HUD LISTING AS CONTACT ALSO HAS THEIR SIGN ON
PROPERTY & IS THE PROPERTY MANAGER OF THE LISTING. THEY RECEIVE MANY CALLS FROM
THE SIGN AND FREQUENTLY REPRESENT MORE THAN ONE BIDDER ON THE PROPERTY.
Think about it.
Call me for explanation of terms and bidding procedure while navigating the
official HUD Site; www.southwestalliance.com Ask me why you should use this
Site. then click "view listings" then click "Texas" then "Search". You
need fill in only "City" or "Zip Code" then click "search" at bottom of page.
BOB CASTEEL, REALTOR, Certified Residential Specialist
OFFICE: 817-485-8458
CELL: 817-975-0161
HUD Homes For Sale: At Casteel Real Estate our brokers are approved HUD brokers.
Almost all bidders for HUD listed homes for sale must use a HUD broker or an
agent registered with a HUD broker to bid on a HUD home for sale. Market demand
for these affordable HUD homes for sale continues to increase each and every
year, so if is very important that you have a registered HUD broker before you
start the bidding process.
If you have Internet access, call us and we'll walk you through accessing the
available properties. If you do not have a computer or are unfamiliar with the
Internet, come into our office and we will assist you in person.
HUD Homes for sale are posted on Friday and bids must be entered by the 2nd
Sunday at
11:59pm.
In order to enter a bid for you on a HUD Homes, we must have:
$1,000 ($500 for a HUD home under $50,000) earnest money in the form of a money
order or
cashier's check made out to "HUD".
A completed contract with all addendums
Because of the 9 day window, it is advisable that you schedule an appointment
with us prior to actively looking for your home. This will allow us to explain
the various programs and complete the necessary paper work.
What Is A HUD Home?
| The United States Department of Housing and Urban
Development (HUD) oversees the Federal Housing Administration (FHA), which
provides federal insurance on home mortgages. If a homeowner fails to make
payments on a FHA loan, the mortgagee forecloses and files an insurance
claim with HUD. In exchange for paying off the unpaid loan balance to the
mortgagee, HUD receives title to the property. At this point, the house
becomes a HUD home. |
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Who Can Buy A HUD Home for sale?
Anyone.....
How do I buy a HUD home?
Start by finding a participating real estate agent. Your real estate agent must
submit your bid for you. Normally, HUD Homes are sold in an "Offer Period." At
the end of the Offer Period, all offers are opened and, basically, the highest
reasonable bid is accepted. If the home isn't sold in the initial Offer Period,
you can submit a bid until the home is sold. Bids can be submitted any day of
the week, including weekends and holidays, (but only after the initial Offer
Period). They will be opened the next business day. If your bid is acceptable to
HUD, your real estate agent will be notified, usually within 48 hours.
If my bid is accepted, then what happens?
Your real estate agent will help you through the paperwork process. You'll be
given a settlement date, normally within 30-60 days, by which you need to
arrange financing and close the sale, or forfeit your earnest money deposit, or
pay for an extension of your sales contract.
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Fort Worth / Dallas Real Estate Home Sales
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Casteel
Real Estate - REALTOR®
Call Today

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© Copyright 2000 -2010 Bob Casteel HUD VA Homes Real Estate Broker. All Rights Reserved. |
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