Home Buying in Houston>Question Details

Gail Webb, Home Buyer in Houston, TX

i need a place to live where can i buy a tax foreclosure in houston texas for under 500.00

Asked by Gail Webb, Houston, TX Sun Jan 25, 2009

Help the community by answering this question:

Answers

2
Good luck! Those late night infomercials make it all look so easy...but in reality, those deals rarely exist. Good luck....I wish you well in your search.
Web Reference: http://www.cindihagley.com
1 vote Thank Flag Link Sun Jan 25, 2009
Cindi Hagley, Real Estate Pro in San Ramon, CA
MVP'08
Contact
Gail,
The first thing - The taxes are rather high in Harris County so any taxes owed are bound to be way over $500 before they foreclose and put on the courthouse steps for sale. You would be surprised how many parcels stay on the books late for 10 or more years. The second place a tax foreclosed is not the wisest buy - seldom do you know the chain of title and the previous owner can came back and reclaim in two years.
If this is something you plan to live in yourself and not use as an investment I suggest you look at http://www.bidselect.com and choose a HUD owned home. Some you can get for $1. down. Contact a HUD certified agent. Now you will get an inspection of sorts and a title policy.
Margaret
0 votes Thank Flag Link Mon Jan 26, 2009
Search Advice
Ask our community a question
Email me when…

Learn more

Copyright © 2015 Trulia, Inc. All rights reserved.   |  
Have a question? Visit our Help Center to find the answer