a) Contact a mortgage broker who can qualify you based on your financial income, 2 years employment, debt ratio, credit scores
b) Down payment will require based on qualifications 3.5% or more
c) Have income for inspection, appraisal, escrow, option
Then secure a real estate agent who represents you never purchase a home direct from
Bank,, Builder, FSBO, Listing agent
Have your own agent
National Featured Realtor and Consultant, Texas Mortgage Loan Officer, Credit Repair Lecturer
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If you're looking for a foreclosure and have the cash available, you can purchase a home at the foreclosure auction at the courthouse steps, but it is risky to buy this way. Other than that, you will either contact the owner directly .
Guy E. Gimenez
Broker / Owner
The PowerHouse Group
Foreclosure postings don't mean to much until they have run their course giving the current owners a chance to work it out with the lender. The best chance you have for getting into a great home at a price you are comfortable with is to select a REALTOR to work with. As a REALTOR in Austin I am very familiar with the homes and area you are talking about. Give me a call and let's put my team to work for you. Forclosure homes are not the only good deals out there.
Have a great day!
Bill Austin ~ 512-709-6343 ~ firstname.lastname@example.org ~ call, email, or text me directly for prompt attention
So you are right....if you were chasing foreclosures off of some kind of foreclosure list, it can very well be that someone is living in the house and that it never goes to foreclosure. Probably better to pick them up as REOs after they go through the foreclosure process. Otherwise you spend all your time chasing deals that aren't going to happen. Hope this helps.
If you need a good Realtor who works with buyers to buy REO and foreclosed properties in Austin just let me know and good luck with your search.
Tanaqua is a street in Circle C, specifically in the Heilscher, which is one of the most upscale portions in Circle C, selling in the $300's. There has been no sale or pending sale in the Heilscher since 10/1/09 on Tanaqua that has 2982 square feet since 10/1/2009 forward.
The area is to die for, that's for sure! However, there are a lot of homes that are priced well under this that can be had for far less money.
Please give me a call if you would like me to help you!