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Updated almost 3 years ago on . Most recent reply

User Stats

23
Posts
4
Votes
Purva Mehta
  • Realtor
  • Houston, TX
4
Votes |
23
Posts

Help needed with buying property pre-foreclosure in Houston, TX

Purva Mehta
  • Realtor
  • Houston, TX
Posted

Hello BP family, I am currently working with a residential property owner who is about to enter foreclosure proceedings. I was initially thinking of a lease back option, but reading through some of the forums it seems like that is not a good idea!!. In that case I wanted to know what offering can make him motivated to sell the property to me v/s other investors.

Also once I buy the property and if the property owners turn hostile, what are my options? I really want to connect with someone who has experience in buying properties pre-foreclosure, preferably in TX, as I understand TX laws are different then lot of other states. I would greatly appreciate if someone will be willing to share some words of wisdom. Thanks family

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