In what area of Houston would you like to live and how much is a comfortable rent payment for you? Also, give me some detail of what you want in the home. How many bedrooms, baths, formals, pool, etc. and when do you need availability?
Your Realtor needs the address to find out what bank foreclosed on it. Is there a sticker or any notices posted on the windows? If so, write down that information, too.
Most banks will list with one of there REO agents and have them put it on MLS in order to get as many offers as possible so the bank can pick and choose, but sometimes they will go to county auction first. If you want to contact the bank directly, that is fine, but your Realtor will have access to more information. Some websites will offer information, but for a steep fee. Realtors get paid by the seller, in this case, the bank.... more
You can in fact bypass an attorney, but in reality there's no extra expense to using one. Going through a title company, in essence, also does the same thing as they would have the transfer of deed drawn up by an attorney. It typically cost $125 for the attorney's fee and $25 for recording fees. Seeing as their may also be multiple parties involved in this transfer, it really may be more beneficial to use an attorney.... more