Ramiro Garcia
Real Estate Pro
Atlanta

The audacity of RealtyTrac! Can you believe this? They admit to have poor information for which they want to

charge a fee for! Shame on Trulia for accepting these this poor information, don't you agree???

Becky:

This is Rick from RealtyTrac. Assuming that you're from Bonham, Texas, and actually looking to buy something in the same area (or at least the same state), you have some options. Some are even free.

Texas is an unusual state in that it only has two stages of foreclosures. The first stage is the notice of sale, which 21 days later results in the house being auctioned off on the courthouse steps. You can find those listings posted for free in the county courthouse, but will need to be ready to move very, very quickly in order to either negotiate a deal and execute a purchase within 21 days, or arrange to have cash financing to purchase the house at the auction.

Because most homebuyers don't want to rush into that kind of lightning fast purchase (and there are some risks involved at the auction stage), many Texas foreclosure purchases are at the second stage (REO), when t