Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Foreclosures
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 6 years ago,

User Stats

48
Posts
15
Votes
Jordan Bateman
  • Rehabber
  • Lake Conroe Area, TX
15
Votes |
48
Posts

Buying at Harris County (Houston) Foreclosure Auction

Jordan Bateman
  • Rehabber
  • Lake Conroe Area, TX
Posted

My team has recently spent an exhaustive amount of time researching historical results data from recently completed mortgage foreclosure auctions in Houston (Harris County). We've determined based on our criteria and buying power that we could reasonably win a fair amount of bids and are in the process of determining the logistics of setting up a team to attend our monthly auctions, with all of the needed prep work being done accordingly. We trying to outsource where appropriate and keep the most important analysis in house.

My question to the group is, is anyone actively purchasing mortgage (trustee) foreclosures at the auction in Harris County? Or does anyone know of a company or service provider that will bid by proxy on our behalf? It's quite a process and will demand quite a bit of manpower to facilitate, but we're trying to set up as sophisticated a process as we can.

Also, do any out-of-town investors that purchase at various auctions have some general advice that may pertain to any auction in general?

I am extremely grateful for any feedback provided and wish everyone the best of luck in their endeavors!!

Jordan

Loading replies...