Austin Homes

I live in Austin, Texas. I'm looking for a valid list or a resource for finding foreclosed homes in the region. I do not think real estate agents will be of great help, because the Commission on a super-discounted home not worth their time. I guess I would deal with banks. (First time buyer of local time.)

No.

You will not deal directly with banks.

Most seizures are listed with realtors. This is how the banks do. They really do not want to deal with individual buyers.

You're right that the Commission is quite low. And seizures, they are often lower than those of non-housing exclusion. The bank calls the shots. For this reason, many real estate agents are not really dealing with seizures, it is not worth their time.

However, some do not deal with the seizures. And those who can not be very good at it then, even with lower fees, they make good money and are more than willing to work with clients.

So, since the banks list their seizures, your only real alternative is to deal with a realtor. Tips: For best performance, use your own realtor, not the listing agent.

Another tip: If you are a first time home buyer, do not limit your search to seizures. There are some bargains out there that are not captured. Find a Realtor you like and can work with. Put what you can and what you are looking for. If the best opportunities are captured, very well. But you can see that there are some non-foreclosures that meet your criteria, too.

Hope that helps.

Go to the construction of the County where you reside.
Each county has a list of predatory and performances ranging from houses
in foreclosure, if your state is a state on the Public Trustee.
This information is public, anyone can get ... Title companies generally
can also obtain these lists. call them ..

You can deal with a realtor for more than 95% of foreclosed properties are listed on the disposal of real estate brokerage firms. Your only chance to deal directly with a bank mortgage are those who retained some small local banks in a "house in the portfolio. The country's major banks and lenders will not be bothered to work with you. That is why they are hiring real estate to dispose of their REO.

Also, do not expect to buy a foreclosure at a super discounted price. Lenders know the market value of their properties, and they did not give.

Foreclosed homes are good ideas to find, but sometimes a list of HUD homes in your area. These homes are purchased by HUD, a government program, passing inspections and are still sold at discount rates. Remember, many foreclosed homes are sold as is, without warranty, concessions, and not with some inspections. Kinda scared for your first home!

Use this link: http://www.newbidselect.com/servlet/Rout ...

It takes you to the site that lists HUD homes in Texas, enter your search information. and see what it brings.

I live in the States and we just bought our first home too. We found on the HUD website. The home appraised (twice, with their appraisor and once with ours) for 140,000 ... We paid 126,000 for it. They had an inspection against termites, and general home inspection preformed. It was a great experience for us. Good Luck.

One last thought, you must obtain a real estate agent authorized HUD to submit your application for you. Do not worry, there are plenty of these. The HUD approved housing as they are paid more for these properties. In addition, HUD offers special incentives and their homes, for example, $ 100 cash!