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
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
Pam, you could look on www.HAR.com and do a search under rentals however, it is best to seek the advice and help of a Realtor even when looking to rent!
Caution my friend. If you are in real estate, talk with your broker.
The national Do Not Call law requires strict protocols. It costs mucho dollars if you are found guilty of a violation.
Due diligence is required before you start to dial.
Dominick Dina, Broker/Owner
Christian Realty San Antonio... more
Yes you can get a loan if it's a foreclosure property. Of course, qualifying is a must!
Here's a few new guidelines for FHA:
*New FHA Loan Amounts: Need to check with a local lender in your area to find out maximum's. (varies)
*3.5% down payment required
*Gift Money OK
*Non-Occupying Co-Borrower's are allowed. (Not Investor's)
*Low Mortgage Insurance (1.75% MIP/.55%MMI) (if 20% down)
There are several other guidelines that are "new" for FHA - i.e. non-traditional credit, manufactured homes, etc.
It would be best to contact a reputable lender to go through the whole process with.
Based on your FICO, employment, owner occupied, etc., etc...alot more information would be required.
Definitely worth looking into. Great market for first time home buyers!
The owner may owe more than back taxes but if the property is worth it, pa the taxes and what ever else.
What you need to do is go to a title or a real estate attorney, but tell the real estate attorney that you want a title policy. You will have to put a dollar value on the house for that.
You at least want a title search. You do not know if there is someone else that may have interest in the property or if there are other outstanding debts owed against the property.
Your question could have 2 answers. Did you pay for your property in full, or are you asking for getting a copy of a deed after the foreclosure showing it being paid in full??? To get a copy of your current deed, all you need to do is to go downtown to the court house. However, if they foreclose, the account most likely will not be "Paid in Full" I'm not sure if this will help you or not.... more
You have a GREAT question: you would need to check with city regarding those restrictions, HOA, and deed restrictions. They are homes where leased out by a facility with health care providers where seniors live or disable. http://www.lynn911.com http://www.homes-for-sale-dallas.com... more