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Cheap houses in San Jose are plentiful at this time in history. You can find them in the 200k+ which was unthinkable during the real estate boom of the early 2000’s, when the minimum price of a cheap San Jose single family home was between four and six hundred thousand dollars. Of course it depends on where in San Jose you want to live. For instance if you want to buy a home in the Willow Glen or Silver Creek areas of San Jose you are going to have to pay more than average.
Finding cheap homes in San Jose is easy; buying them takes a little more finesse and some advance planning. This is because many of the cheap houses in San Jose for sale are either bank owned or they are short sales. In both of these examples you will want to get a strong pre-approval from a mortgage bank, and keep up a steady store of patience. Many times the most desirable cheap homes will get multiple offers and will go for higher (sometimes much higher) than the asking price. This is especially true with bank owned homes.
San Jose First time homebuyers can take advantage of some government programs to help them get into these cheap homes. Examples of this would be an FHA Loan or a first time homebuyer tax credit. Good Luck! Click on the link to the right to search cheap houses in San Jose.
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