Unless you’ve been living under a rock somewhere, you also know we now have a new president. And one of the first things that he did the moment he got to office was issue a couple of agency directives. One of those directives was to extend the Department of Agriculture, Veteran Affairs Department, and the Housing and Urban Department foreclose moratoriums, for insured loan.
So if you took one of those mortgages to buy my house fast in Houston, Texas, and now you’re wondering if the bank will be coming for you, they won’t. You can breathe again because they’ve been asked to give you guys until the end of March.
But don’t be too comfortable though. The moment that moratorium expires, they’ll come at you hard, for sure.
If you’re a buyer, and you know everything there is to know about the real estate market in Houston, Texas, you know this could only mean one thing—more homes to buy. However, you cannot buy, if you don’t have connections or knowledge required to know how to find these type of properties.
So today we’re going to look at…
How To Search For An Incredible Foreclosed House On Sale
Finding a foreclosed property is only hard if this is your first rodeo. But if you have the experience, it will be a breeze. If We Buy Fast Houston Houses was interested in buying, we would:
- Start by visiting various government websites: You’ll never miss a foreclosed property listed in sites such as HomeStep.com, HomePath.com. or HUD.gov. And if by any chance you’ve found nothing there, visit the Treasury Department website. The IRS always lists properties that they’ve repossessed on that site.
- Look at the different auction sales: even though you’ll hate the fact that it’s always a competitive environment, you can never know what the real estate gods are planning for you. Just go and try your luck.
- Talk to a county official: We Buy Fast Houston Houses has been in this business long enough to know county officials always know which houses have just been repossessed and ready t hit the market. So go to those offices and ask anyone to give you the records.
- Work with a professional: You could work with a real estate agent or a property investment company such as We Buy Fast Houston Houses. If you decide to take the traditional route, you’ll have to pay a commission. But if you choose the unconventional route, we will take care of you.
Why work with a property investment company? Here’s why:
For starters, unlike real estate agents, we’re not in the business of wasting your time or money. An agent will certainly drag the whole process, then go ahead and ask you pay the commission, which accounts for about 6 percent of the final sale price. You’ll also have to pay the closing costs and we think that’s not fair to all the parties involved.
Call We Buy Fast Houston Houses, today, and we’ll make it happen.