Forfeited Land Sales for Texas Veterans

By
Real Estate Agent with Green Home Realty, 210-789-4216,www.Selling-SanAntonioHomes.com TREC #0492321
http://actvra.in/7CR

Forfeited Land Sales for Texas Veterans

 

On Tuesday, April 26, 2011, the Texas Veterans Land Board (VLB) will once again offer forfeited land tracts to eligible Texas veterans in a sealed-bid sale.Texas

What's New:

  • The one-year Residency Requirement has been eliminated.  If you are a veteran living in Texas, regardless of when you moved here, you can qualify for a loan.
  • All winning bids financed through the VLB will be originated as a mortgage loan with a Note and Deed of Trust.  Winning bidders must meet VLB credit requirements if obtaining VLB financing.
  • Closing costs and a down payment of not less than 5% of the minimum bid listed will be required at closing.  The VLB can only finance 95% of the minimum bid listed up to $80,000.00.  In addition, any amount you bid over the minimum listed must be paid at closing, if you are obtaining VLB financing.
  • Type II Tracts (tracts that did not sell through our sealed-bid sale) that have been on our website more than six months are now being marketed and sold by a private auction company, Hudson & Marshall. For more information, visit Hudson & Marshall's website at:  www.txlandauction.com


Please note:

  • ALL SEALED BIDS must be received by 4:30 p.m. on Monday, April 25, 2011 (the day before the sale).  No walk-in bids will be accepted on the day of the sale.
  • There is a limit on the number of bids you may submit.  You may bid on a total of six tracts in the Forfeited Land Sale and you must list your choice preferences on each bid.
  • The sale will be available for viewing via webcast.  Live viewing is not guaranteed as we have a limited number of connections.  The webcast will be archived and available on our Web site approximately 24 hours after the sale.

For complete information and instructions, see Forfeited Land Tracts.


Veterans if you are relocating to San Antonio, you may wish to search for homes on my website at San Antonio Real Estate.  Then Contact Me Today, for more information of Texas Veterans land board.

(Information on Forfeited Land Sales was provided by Victoria Thomas of the TVLB).

 

 

Posted by

Your Military Relocation Specialist "Serving You For All Your Real Estate Needs"

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Jerry Newman, MA, REALTOR®, ABR®, GREEN, MRP, CMRS

US Army Retired   

Certified Military Residential Specialist

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Re-Blogged 1 time:

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  1. LISSY Mthew 04/04/2011 08:33 PM
Topic:
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Location:
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Ambassador
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Belinda Spillman
Aspen Lane Real Estate Colorful Colorado - Aurora, CO
Your Guide to Joyful Colorado Living!

Jerry,  This is so cool.  I don't think we have anything like this in Colorado.  If we do, I haven't seen it.  Thanks for sharing.

Apr 03, 2011 10:51 AM #1
Ambassador
780,065
Jerry Newman
Green Home Realty, 210-789-4216,www.Selling-SanAntonioHomes.com - San Antonio, TX
Texas REALTOR, San Antonio Military Relocation

Yes, Belinda. I love how Texas honors and takes care of our Veterans. This program is one of the many benefits they get for serving their country and being a Texas veteran.

Apr 03, 2011 10:56 AM #2
Rainmaker
357,631
Sondra Meyer:
Star View Real Estate - Colorado Springs, CO
See It. Experience It. Live It.

One of the great benefits of being an veteran in Texas.  This is how I plan on buying my Texas ranch one of these days. 

Apr 03, 2011 04:21 PM #3
Rainmaker
1,475,916
Anita Clark
ColdwellBanker SSK Realtors ~ 478.960.8055 - Warner Robins, GA
Realtor - Homes for Sale in Warner Robins GA

What a wonderful opportunity for Texas vets to really get a good deal.  This is the kind of post I know your San Antonio veterans will appreciate Jerry.

Apr 03, 2011 06:51 PM #4
Ambassador
780,065
Jerry Newman
Green Home Realty, 210-789-4216,www.Selling-SanAntonioHomes.com - San Antonio, TX
Texas REALTOR, San Antonio Military Relocation

Hello Sondra, A ranch in Texas would be great for your horses.

Apr 03, 2011 08:07 PM #5
Ambassador
780,065
Jerry Newman
Green Home Realty, 210-789-4216,www.Selling-SanAntonioHomes.com - San Antonio, TX
Texas REALTOR, San Antonio Military Relocation

Yes, Anita. Being a veteran myself, I love promoting veterans programs for our Texas vets. It is a wonderful opportunity for them to get a piece of Texas.

Apr 03, 2011 08:10 PM #6
Rainmaker
1,148,402
Bill Burchard
3B Realty: 951-347-3818, CA - Murrieta, CA
Broker, Realtor - Murrieta Homes For Sale, Califor

Good morning, Jerry. I’ve never heard of the Forfeited Land Tracts for Texas Veterans program before. Sounds like a wonderful opportunity for our Vets!

Apr 04, 2011 01:51 PM #7
Rainmaker
297,146
Dan and Amy Schuman
Howard Hanna Real Estate Services - Solon, OH
Luxury Home Specialists

I enjoy learning about the great programs you have in Texas and think it's great that you promote veterans programs.

Apr 04, 2011 05:56 PM #8
Rainer
2,617
LISSY Mthew
Keller Williams Realty - San Antonio, TX

Hi Jerry. This is some great information for our veterans, and Realtors in Texas. Thanks for sharing.

Apr 04, 2011 08:28 PM #9
Ambassador
780,065
Jerry Newman
Green Home Realty, 210-789-4216,www.Selling-SanAntonioHomes.com - San Antonio, TX
Texas REALTOR, San Antonio Military Relocation

Hi Bill. Yes, this is a great program for our veterans to pickup some land deals at discounted prices.

Apr 04, 2011 11:17 PM #10
Ambassador
780,065
Jerry Newman
Green Home Realty, 210-789-4216,www.Selling-SanAntonioHomes.com - San Antonio, TX
Texas REALTOR, San Antonio Military Relocation

Hi Dan and Amy. You can send some veterans this way if they ever get tired of that cold weather you have in Cleveland. Texas has some great programs for our vets out here.

Apr 04, 2011 11:19 PM #11
Ambassador
780,065
Jerry Newman
Green Home Realty, 210-789-4216,www.Selling-SanAntonioHomes.com - San Antonio, TX
Texas REALTOR, San Antonio Military Relocation

Hi Lissy, Thanks for visiting today.  I love promoting programs for our Texas vets.

Apr 04, 2011 11:20 PM #12
Rainmaker
275,730
Nina Rogoff
RE/MAX Executive Realty - - Sharon, MA
Your Hometown Realtor in Sharon MA

Hi, Jerry, I never heard of this kind of program before. Your post is informative, well-written and graphically interesting with the different color fonts and the picture! You made it easy for people to understand what is involved by bulleting each of the points, and emphasizing certain points at the end. Great post!

Apr 04, 2011 11:36 PM #13
Ambassador
780,065
Jerry Newman
Green Home Realty, 210-789-4216,www.Selling-SanAntonioHomes.com - San Antonio, TX
Texas REALTOR, San Antonio Military Relocation

Thanks Nina. It certainly helps when you have a good working relationship with the Loan Officer with the Texas Veteran Land Board with Victoria Thomas. She keeps me informed on all those programs for vets.

Apr 05, 2011 08:46 AM #14
Ambassador
667,120
Ann Allen Hoover
RE/MAX Advantage South - Hoover, AL
CDPE SRES ASP e-PRO Realtor - Homes for Sale - AL

Hi Jerry!  What a wonderful program and great information to provide your fellow Texans!

Apr 05, 2011 08:48 AM #15
Ambassador
780,065
Jerry Newman
Green Home Realty, 210-789-4216,www.Selling-SanAntonioHomes.com - San Antonio, TX
Texas REALTOR, San Antonio Military Relocation

Yes, Ann. I just love this program for our Texas Vets. Have a Great Week!

Apr 05, 2011 09:26 AM #16
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Jerry Newman

Texas REALTOR, San Antonio Military Relocation
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