Foreclosures Help Information

Posts Tagged ‘Texas Homes’

Austin Texas Foreclosed Homes

Question: Foreclosed Homes In Austin Texas?

My fiancee and I are looking to buy a foreclosed home in Austin Texas within the next few months. We have little-to-no credit and we make less than $40,000 a year (combined). Our apartment's lease will end in April and we need to have a home lined up by that time. Is this even possible? We have NO idea where to start! Please help us!

Answer: If your credit is poor or non-existent, you will need to apply for a FHA loan in order to obtain any financing whatsoever. Contact a lender to find out what amount of money you will be able to borrow to purchase a house. Then contact a qualified real estate buyer agent to assist you in your house search. Don't limit yourselves to only foreclosed houses. They aren't the fantastic deals which many make them out to be. Any lender selling a foreclosure will seek to get as close to market value as is possible.

Good luck.

Austin Tx Hud Properties Home buying Process

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Bank Foreclosed Homes In Texas

Question: Man robbed bank that foreclosed on his home...the real story?

Ok, so when I robbed this bank I said that to get investigators to look at those individuals the bank foreclosed on...but, haha i lied and now you are on a wild goose chase! Why would a dishonest burglar tell you the real truth why he is robbing the bank.

By the way for my next disappearing act I will rob Discover Card Services since they upped my interest rate from 12% to 32%.

**note I don't own a Discover Card But I will rob them anyway and again send the investigators on wild chase through Texas since they think I now live in Texas and have/had a Discover Card.

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Answer: HA! He should have put on a Guy Fawkes mask.

I know. . . the credit card companies and banks commit highway robbery every day . . .

and get away with it.

The keep us running around constantly while they bleed us of our money. The other day I called my bank because some charges came up on my account that threw it into overdraft. As it turns out, I made a p.o.s. purchase in which the STORE signed me up for some magazines. I never signed anything, but who has to go and prove the fraudulent charges, cancel her card and deal with the whole mess?

You got it.

Watch these criminals. That guy was nothing. The real criminals have the big guns.

Texas Foreclosure Homes - TX

Texas Foreclosed Homes

Question: If a foreclosed home in TX goes to auction, and sells for more than the bank lien amount, who gets the profit?

In Texas at the auction, if the foreclosed property sells for more than the mortgage lien and fees, who gets the profit. The mortgage company or the owner/borrower?

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Answer: The lender that holds the lien.

Texas Foreclosed Homes - TX