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Property Q&A in Webster : Real Estate Advice

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  • Home Buying0
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Activity 2
Fri Mar 15, 2013
Stacy Jenkins answered:
The schools for this home are Whitcomb, Westbrook and Clear Brook High school. There will not allow smokers or pets. It is listed for $1450 a month and has been listed for 3 days. The neighborhhood is Piper's Meadow close to I-45 and it is CCISD schools. ... more
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Fri Apr 10, 2009
Margaret T. Hatcher answered:
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
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