Property Q&A in Webster>Question Details

Tim, Home Buyer in 77598

what is the lowest bid recieved so far?

Asked by Tim, 77598 Fri Apr 10, 2009

is this property able to be lived in in its present state ?

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This question is about this property: http://www.trulia.com/homes/Texas/Webster/sold/23169758-1521…

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Answers

1
Tim
The URL for your question has in the middle /Texas/Webster/sold/ then some numbers, then we bring up a Realty tract site. 1st it may be sold - usually if the price is low the lending institution its self will purchase the property and not allow anyone else to even try.
You really only want to buy after the foreclosure has been completed so that you can get a title policy. If you purchase on the courthouse steps. Once you start that you don't know what you will bid on and you do not erase the other liens, plus the past owner has a time period that they can regain the property by paying you what you paid plus 10%.
And why would you want the lowest bid, did you want to go under it? If an agent working with the lender (and only they)knew the bids they could not disclose them - High or Low,
If you want a foreclosure contact a Realtor that handles them and tell them the size, area and price range you want. Something will come up.
Good Luck
Margaret
0 votes Thank Flag Link Fri Apr 10, 2009
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