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REAL Estate BROKER SERVICES in San Antonio
Buying a foreclosure still has the normal requirements of buying any home. If financing, all offers require a pre-approval letter from a mortgage company or bank.
If the purchase is cash, then proof of funds is required. *
That’s it. A title company will ensure title passes clear to buyer, an inspection period is typically always granted once offer is accepted.
*Proof of funds is a Bank Statement, Savings Statement where name matches Buyer’s name, please blackout account numbers.
Texas Real Estate Commission InformationAboutBrokerageServices
Selling foreclosures is what I like best. They are not easy but worth considering. Buying a foreclosure usually ensures buying a home that is priced under current market conditions.