San Angelo Investment Properties & Foreclosures

San Angelo Investment Properties & Foreclosures ERA Newlin & Company | | [email protected] | 325-481-0500 FORECLOSURE This is a very common word when talking real estate these days.

Everyone wants to know where the good buys are! Well, here's what I know.... Ryan Newlin

There are several different types of foreclosures that you can buy. Some can be purchased before the Trustee Sale directly from the Homeowner. This might or might not be a short sale and can involve long waiting periods. I will discuss this in a separate tab. You can also by homes at the Trustee Sale for cash. This brings certain risks and rewards as well. The most common way to purchase foreclosures is in the REO or Bank Owned state. These are the ones you see on your local MLS. There are owned by banks, credit unions, the government or any other lending institution. I will cover these in depth, but wanted to give a few links to help you find these homes...

Pre Foreclosure (Short Sale)

There is no particular site to find these homes. Trustee Sale (Courthouse Auction)

http://www.co.tom-green.tx.us/ips/cms/countyoffices/CountyClerk/Trustees_Sales_Notices

Bank Owned Homes

www.HUDhomestore.com (HUD Homes)

www.homepath.com (Fannie Mae Homes)

www.homesteps.com (Frddie Mac Homes)

www..ocwen.com (VA Homes)

Ask your local Realtor for other listings on MLS

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San Angelo, TX

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