Yes there are still many foreclosure homes available for you to buy. You already know the deals you can get your hands on by finding and buying foreclosed homes. But here’s the problem…Where do you find the best deals before another buyer beats you to the punch? Hot do you get your offer accepted over 17 others? How do you finance a foreclosure? You will never miss out on the hottest property listings again if you use our system.
1. Where to Search:
All Foreclosure Homes
Search all Foreclosure Homes in Houston
Government Listings
HUD Homestore – Easy to use search with lots of foreclosures in urban areas. Housing and Urban Development carries the listings for homes that had FHA financing before going through foreclosure.
Fannie Mae (Home Path) – Fannie Mae is now a government entity with their loans guaranteed by the U.S. government, Fannie Mae either owns or guarantees a large percentage of real estate home loans. Searchable by city, state and ZIP code.
Freddie Mac (Home Steps) – Searchable database by features including city, state, Zip code, county, bedrooms and bathrooms. Similar to Fannie Mae, a purchaser of loans on the secondary market.
Harris County Property Tax – The law firm of Linebarger Goggan Blair & Sampson, LLP places tax sale, resale, and other properties for sale online for the benefit of the public.
Texas Veterans Land Board – Easy to use search with a hand full of land foreclosures in rural areas.
U. S. Dept. of Agriculture – You can search by single family residence, farms or multi-family properties for sale.
VA (Veteran’s Administration – Easy and fast Veterans Administration foreclosed homes for sale search.
Large National Banks
Bank of America – One of the “Big Four” banks in the United States, they have exposure to over 80% of the U.S. population. Click the “View Properties” button on the left. On the next page, hover your cursor over a state’s icon and you’ll get a pop-up with a “View Bank Owned Properties” link. Then you can scroll down to view the foreclosures.
Branch Banking and Trust – Not all states have foreclosures, but you’ll probably find homes in the states where they have branches. Real estate foreclosures in Alabama, District of Columbia, Florida, Georgia, Indiana, Kentucky, Maryland, North Carolina, South Carolina, Tennessee, Texas, Virginia, West Virginia.
Chase Bank – Chase is another of the “Big Four” banks, they’ll have foreclosed homes in most, if not all states. Search by map or use the search fields, you will then have to fill out a CAPTCHA to obtain access, use capital letters on the CAPTCHA, normal letters will not work.
Citimortgage – The third of the “Big Four”, the foreclosures are searchable by state, city and property type, Citibank doesn’t say how many homes for sale are in a certain state or county but most states will have listings.
Regions Bank – Mostly homes for sale in the Southeastern US. Click property images for more detail. Homes in Alabama, Arkansas, Arizona, California, Colorado, Florida, Georgia, Iowa, Illinois, Indiana, Kansas, Kentucky, Michigan, Minnesota, Missouri, Mississippi, North Carolina, New Mexico, Oklahoma, Pennsylvania, Tennessee, Texas, Virginia, Vermont.
U.S. Bank – When you select a state you’ll get an alphabetical group of cities you have to scroll down. No foreclosed property details, just the address and price. They also have “Minimum Bid Price” which is sometimes quite a bit higher than the property value. Strange, but I guess it makes sense to them.
Wells Fargo – The final one of the “Big Four” banks, they have significant amounts of free foreclosures lists. Wells Fargo absorbed Wachovia during the lending crisis. Fast search with easy to view results.
2. Hot to Place an Offer
How to buy a Bank/Mortgage Foreclosure
3. Types of Financing
4. Contact Bill Edge
Let us guide you through the process of buying a foreclosure. With our free listing report you no longer need to lose out on the best deals in town. Get the newest listings the same day they hit the market that are custom tailored to your preferences!
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