Why do forclosed homes say "currently not for sale?"

Dear Michelle,
Buying foreclosed homes is not a simple process. You need to be aware of the risks and advantages that you are exposed to by buying a foreclosed home.

Price may be an advantage, but the home you are purchasing may have somebody living in it, and you need to be careful and follow the Texas property code to the letter, in evicting the current people residing there. Make sure you have a Real Estate Agent who is knowledgeable about Foreclosed homes.

There are different statuses for homes such as:
- Delinquent,
- Pre-foreclosure,
- Short-Sale (unapproved by Bank),
- Short-Sale Approved by Bank,
- Foreclosed (Bank owned or REO).
Depending on the status you have different options regarding your purchase.

When looking for these homes there are many portals (Internet Sites) that provide various information. The most reliable of which is the County where the home is located



DOMINIK SZABO
UTR - TEXAS REALTORS
(832) 844 1724
dominikrealtor.com
sold@dominikrealtor.com

Courteous, Professional and Informed

I agree with Karen in that not knowing which site you are looking at makes it hard to give you a good answer. But I will add that some sites pull "pre-foreclosure" lists and list them as foreclosures even though they have not truly foreclosed yet (and may never actually foreclose). If you would like a list of currenlty listed foreclsoures, I would be happy to provide that to you.

Kim Scott
Broker, JLA Realty
832-244-1652
Kim@MyHomeTeamTX.com

The only properties that will show on HAR are homes actively listed using a Realtor. Without knowing which sites you are finding the properties, it may be that they are an in house source and not publicly available, or it may be that they have not been updated. It is not uncommon for me to have a client ask me about a home they found on Zillow only to find out it isn't listed and instead was listed as an example.