I can personally attest to the fact that a buyer can sometimes find incredible deals on foreclosure homes for sale. But buying foreclosures homes can also be extremely time consuming. There is a lot of paper work and there is a plethora of legal real estate terms, conditions, procedures & guidelines that must be followed. This is why more times than not it is best to have a professional real estate agent or Realtor who is experienced with selling foreclosure homes in your area. Additionally there are many lenders, investors and banks who will not work with a home buyer who is not represented by a Realtor who knows Texas real estate law or an attorney. The difference there is, an attorney will want to be commissioned prior to doing any work for you. Whereas a quality Realtor requires no money from the home buyer at all. Realtor’s commissions are paid by the lender, bank or sellers. You can utilize my services and experience for free as I assist you in finding & buying foreclosure properties.
Just to give you a brief overview about buying foreclosure homes in Dallas or the surrounding areas. Here are several types of Foreclosure properties. They are as follows:
- Pre-Foreclosure – This could refer to trustee sales or Short Sales.
- General Foreclosure Listings or Bank Owned properties
- REO listings or Real Estate owned properties
- HUD listings or Department of Housing & Development Properties
- VA listings or Department of Veteran Affairs properties
- FNMA listings or Federal National Mortgage Association properties (also known as “Fannie Mae”)
Buying foreclosures can be a great way to save money, but you’ll have to have the information and tools necessary to find the right properties and decide which methods of buying and homes are best suited to your needs, abilities and price range. To get started, contact me for a list of bank owned properties meeting your specific criteria. I can send you all kinds of pre-foreclosures, auction homes and bank owned properties in great locations around the Dallas/Fort Worth area. My listings are full of all the details you need, and you’ll also be able to learn about all kinds of tips and strategies for getting the best deals.
I have sold foreclosure listings in Frisco Texas and the surrounding areas for nearly 10 years. So I have the experience and know how to deal and work with all of the banks, investors, & mortgage companies to insure you get the best deal and have the best representation. So there is no reason for you to be overwhelmed by the process of buying foreclosure homes for sale. I do all the work for you so you don’t have to. Again, the fees for my services are paid by the property owner so you don’t have to pay me one cent to have quality & professional representation in your foreclosure real estate transactions. Contact me today for assistance with all your real estate needs.