Special offer

Texas Veteran Forfeited Land Sales Coming Next Month

By
Real Estate Agent with Brown Realty, 210-789-4216, TREC #0492321

Experience has shown Texas Veterans and military members are a great investment.

Even so, sometimes Veterans can’t make the payments on their VLB loans and must forfeit their land. The Texas Veterans Land Board then makes these tracts of land available for other Texas Veterans to bid on in our Forfeited Land Sales that are held every January, April, July and October. Land that isn’t sold during these sales is made available for public purchase. The Type I Forfeited Land Sale is available only to Veterans and the Type II Program is open to the general public.

Texas Veterans and military members may use their VLB land loan benefit on these tracts or any other non-commercial tract that is one acre or more in size. Visit the VLB land loan page to learn more. Tracts may be added or withdrawn by the VLB at any time or reason.

Texas Veterans can now obtain loans up to $150,000 for vacant land in Texas at very competitive interest rates, and it typically only requires a minimum of 5 percent down for a once acre tract or more. 

View some of the available tracts for veterans only in the state today, then call Jerry at 210-789-4216 to assist you in viewing these tracts and making offers on them. The public can also bid on these available tracts of land. Veterans do need to apply online through the VLB site

 

 

Comments(4)

Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

Hi Jerry... I don't think I've ever quite heard of a sale like this.  Of course, here in Charlotte we don't have much land available in general. Love your Texas map graphic, by the way.

Mar 11, 2019 09:05 AM
Jerry Newman
Brown Realty, 210-789-4216, - San Antonio, TX
Texas REALTOR, San Antonio Military Relocation

Thanks Nina Hollander Texas has lots of land to sell. Texas Veterans get to own a piece of Texas and to build their Dream Homes, and in some cases buy land just to go hunting and fishing. 

Mar 11, 2019 09:13 AM
Will Hamm
Hamm Homes - Aurora, CO
"Where There's a Will, There's a Way!"

Hello Jerry Newman and good to see you more in the rain, miss your blogs from the old days when you took first place the year you started out of us rookies.

 

Mar 11, 2019 10:07 AM
Jerry Newman
Brown Realty, 210-789-4216, - San Antonio, TX
Texas REALTOR, San Antonio Military Relocation

Yes, Will Hamm Back in the Day, I was driven with a purpose to establish an Internet presence, and be at the top of the leader board in my city. I accomplished those goals, and now I just want to blog whenever I have something to share. Have a Great Week!

Mar 11, 2019 10:17 AM