Real Estate Flower Mound, Highland Village and Denton

Showing posts with label Invest in Rental Property. Show all posts
Showing posts with label Invest in Rental Property. Show all posts

Sunday, January 23, 2011

2109 Lavender Lane - HUD Property for Sale in Flower Mound, Texas


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Located in Flower Mound, Texas, near Garden Ridge Road and FM 3040 intersection, is home to the Lake Bluff subdivision. 2109 Lavender Lane is a 3 bedroom, 2 bathroom, 2 car garage HUD property for sale in this subdivision of Flower Mound, TX. This town offers residents easy access to shopping, dining and commuting. Fine dining and upscale shopping can be done in nearby city Highland Village.

2109 Lavender Lane is a HUD home being sold "as-is." This vacant property is move in ready, waiting for a buyer. Living room has a nice brick fireplace. HUD property also has custom paint, rear-entry garage and large eat-in kitchen.

Gardenridge Elementary, Shadow Ridge Middle, and Flower Mound High schools are attended by students living at 2109 Lavender Lane. Home falls into the 75028 zip code of Denton County. Listed at $145,000 this home is a value

Any HUD property can be in bad, good or average shape. In fact more and more homes are showing up on the market in GOOD condition. I service, Corinth, Highland Village, Denton, Flower Mound, Lake Dallas so do not hesitate to call and work with me on putting a bid on this home for sale in Flower Mound, TX. 
 



--
Leeza Morris, REALTOR®, MBA, GREEN, e-PRO®, SFR
Broker Associate, Keller Williams Realty
Cutting edge paperless & mobile real estate solutions for you

cel/txt. 940 391-5080
fax: 940 382-2773
2434 Lillian Miller Parkway
Denton, TX 76205
www.LeezaMorris.com

Wednesday, October 22, 2008

How to buy an investment property

Right now the are plenty of opportunities to invest in real estate but you must be prepared.
Decide on what type of property you want - single family or multi-unit. Chose the area of interest and type of the housing (3/2, brick, etc) Ivestigate market rent in the area. Secure financing first!! Go to the bank, mortgage banker and have your business strategy laid out on paper. You will most likely need a 10-20% downpayment to secure an investment property loan today. This is probably the most important step! Once you find a deal - be ready to act quickly! On most foreclosed properties you will have to submit a Prequalification Approval Letter with your offer OR the bank will not look at your offer! Having an agent who you trust and rely on is going to make a difference whether you get the property you want.