VA Foreclosure Properties: Live Music Capital Condo

February 12, 2013 | Valery Behr, iFreedom Direct®

VA foreclosure in Austin is perfect for city living | www.directvaloans.comVeterans searching for a home in the “Live Music Capital of the World,” also known as Austin, Texas, should take a look at the VA foreclosure condominium located at 6900 E. Riverside Drive.

Located just 10 minutes from downtown Austin and five minutes from Austin-Bergstrom International Airport, this condo is perfect for servicemembers wishing to use their VA loan benefits or anyone who wants to experience the unique Austin lifestyle.

Contemporary Near City
At 1,309 square feet, this spacious condominium features two bedrooms each with their own bathroom in addition to another half-bath on the first floor. It comes with a fully-equipped kitchen and a large living room, not to mention a reserved and covered parking space. Although the condo itself has plenty of space, the condominium complex is small, giving it a strong community feel. The unit has been approved by the Federal Housing Administration, and is ideally located for veterans working in downtown Austin and looking for a short commute. At the time of writing, this property was priced at $125,000.

About Austin
With a population of 820,611, Austin is the fourth-largest city in Texas. Austin is known for its eclectic live-music scene, and tens of thousands of people pilgrimage to the city each year for the SXSW music festival. Home to the University of Texas at Austin, the city has a unique college-town vibe that’s reflected in its dynamic food scene, lively festivals and numerous night spots. Austin is also home to more than 38,000 veterans and has a large Latino population.

Things to Do
Any resident of Austin should be sure to take advantage of its distinctive live-music scene. Beyond its music festivals, Austin has a host of legendary music venues that feature everything from folk and jazz to blues and rock. There are many popular night clubs and excellent shopping in areas like the Second Street District. Sports fans can catch a UT Longhorns football game or watch a Formula 1 race. With the condo on Riverside Drive, you’ll be uniquely situation to enjoy all the city of Austin has to offer.

A VA Real Estate Owned (REO) property is one that becomes the possession of the VA after the mortgage company attempts to auction a foreclosed property and fails. VA-owned properties, or VA REOs, are listed on local Multiple Listing Sites (MLS) or at http://listings.vrmco.com, a site that lists VA REO property for sale.

Note: While this VA REO property was listed for sale at the time of writing, it may have been sold or removed from the listing services by the time of publication.

About Valery Behr, iFreedom Direct®

Valery Behr writes exclusively about the VA Home Loan Guaranty Program for iFreedom Direct Corporation. She is proud to work for a top VA and FHA mortgage lender that helps the men and women of the U.S. Armed Services achieve the American Dream of homeownership.

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