Tip:
Highlight text to annotate it
X
Dallas Foreclosures and Distress Sales resulting from bank foreclosures often represent a great
way to get a fantastic deal on a home. It’s not easy for the average homeowner to find
these deals, because you have to keep scouring the papers and the internet to see when one
comes up. Some people go as far as spending their hard earned money on "foreclosure lists".
Why pay for a list when you can get foreclosure information for free from a few prominent
Dallas real estate brokerage firms?
If you’re the type of person who recognizes what a great deal some of these properties
could represent, you will be interested to know that the rising foreclosure rate in the
city of Dallas has made several foreclosure homes available for interested buyers, and
buying such foreclosure homes can be a good deal. Different types of homes such as single
family, multi-family homes, condos, townhouse or village, duplex or triplex homes and various
other types of residential foreclosure properties are available in the city and are becoming
a part of our data base. From the simple to the stylish ones all types of foreclosure
homes are available in Dallas.
Find a professional Dallas Realtor that specialize in foreclosure and put them on your side.
Tour the property and look it as closely as possible. Some foreclosures, unlike fixer
uppers, are in fairly good shape. Others may be behind in maintenance. Have your Realtor
check nearby or comparable homes to see if the asking price for a foreclosed home is,
in fact, a bargain. Have the home inspected if the seller allows. Be prepared to deal
with more paperwork with a foreclosure than you would with a conventional purchase, particularly
when a government agency is involved. And then you will be on your way to closing.