Foreclosure in San Antonio>Question Details

Misty, Home Buyer in San Antonio, TX

I'm interested in this house it maybe in forclosure, what are my options?

Asked by Misty, San Antonio, TX Wed Oct 29, 2008

I found this house online first listed as a forclosure:
http://www.trulia.com/foreclosure/2003028514--Woodcliff-Blvd…

Then I paid the realtytrac fee and found the address. I googled it and found the original listing still up:

http://www.trulia.com/property/42747889-8524-Woodcliff-Blvd-…

I am interested in the home but it seems as though its supposed to be up for auction Nov. 4. However, I looked up the files in the bexar county clerk site and found that there was no notice of forclosure filed even though realytrac states the recording date as 10/14/2008. At this point , what are my options? Do you think I can still approach the original owner, call the bank, or wait to see if it goes into REO status? Realtytrac has it down as Notice of Trustee Sale . Any advice would be helpful.

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Answers

7
if the house is still available you can contact the owner, or you can contact wholesalers in your area that might have deals to wholesale to you.
0 votes Thank Flag Link Sun Apr 26, 2009
Misty,

I received some info on this property this morning that I would like to pass on to you. Send me an email (mattstigliano at exitnsa.com) or give me a call (210.240.6222).

Have a great day!

Matt
0 votes Thank Flag Link Sun Nov 2, 2008
MJ,

A little follow up....

I just spoke to the listing agent (someone I know personally) and according to her, it is not in foreclosure. If this property is something you'd like to pursue, give me a call (210.240.6222) and we can speak further about it. Look forward to speaking to you.

Matt
0 votes Thank Flag Link Wed Oct 29, 2008
Your only hope is to find the owner... Go know on the door.. if they are still there, maybe they will work with you. But, it is a LONG SHOT... really long.

Your best bet is to work with an aggressive Realtor is specializes in finding deals BEFORE it's too late. I can recommend one... ME! :-)

Give me a call or email if you want to discuss this more...

DannyT 210-669-6396
DannyT@kw.com
Web Reference: http://IsellSanAntonio.com
0 votes Thank Flag Link Wed Oct 29, 2008
I am showing this home available for sale in MLS. Nothing is marked on the MLS as the home being in foreclosure. It is listed at $178,000 on the market for 38 days now.

I would be glad to forward you the MLS listing if you are interested. I can also call the listing agent to get further information. Call me at 210-591-9100.
Web Reference: http://www.SoldByYates.com
0 votes Thank Flag Link Wed Oct 29, 2008
MJ,

A very high percentage of the properties that get posted don't go to foreclosure. The bank or the owner are able to work out some kind of arrangement before the sale. While the info on Realty Trac may be technically correct, from what I see there is lots of homes posted that never get to the process.

It's probably too late to do anything with the original owner. Chances are you'll never be able to talk to anyone in the foreclosure department or bank asset manager. The banks I have worked with won't talk to retail customers unless they want to buy portfolios of properties...like 25-50 properties at a time.

Chances are the bank will get it back at the foreclosure auction if it goes that far. Then it will go to REO status. If you really want to jump ahead of the game find out which bank has the note. Then find out which agent handles the foreclosures in that area for that bank. You can ask your realtor to track this down for you. Then have your agent submit an offer for the property to that REO agent. You might get it before it ever goes on the market.
Web Reference: http://www.teamlynn.com
0 votes Thank Flag Link Wed Oct 29, 2008
Bruce Lynn, Real Estate Pro in Coppell, TX
MVP'08
Contact
I'm heading to my office now and will get you some more info. Is there a good place to contact you? Feel free to email me at mattstigliano@exitnsa.com and I'll be in touch soon with some answers.
0 votes Thank Flag Link Wed Oct 29, 2008
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