Dallas - Newbie looking for Bank Owned and Foreclosure

Dallas - Newbie looking for Bank Owned and Foreclosure

Dallas, TX · Member since 2012 · 5 posts · 0 votes

I am new to Dallas and have no experience in Home flipping but am interested in buying a Rental Property what is the best way to find Bank Owned or Foreclosures somebody recommended www.realtytrac.com

Are there any good and reliable agencies that I should talk to ? Any advice will help.

Thanks

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  • Homeowner · Burleson, TX · Member since 2008 · 756 posts · 376 votes
    14y

    Welcome to Bp Ejaz Syed. Come on over on July 23rd and meet some of the DFW locals.

    http://www.biggerpockets.com/forums/56/topics/73260-july-2012-dfw-meetup

  • Rental Property Investor · Mercer Island, WA · Member since 2008 · 22k+ posts · 14k+ votes
    14y

    Ejaz Syed, bank owned properties are listed on the MLS. Go to realtor.com for a start, though there's probably a more local portal to get you to your local MLS.

    If by foreclosure, you mean you want to directly market to people who are in foreclosure, then the public records at the county recorders office is the source for that data. With some patience and persistence you may be able to get it directly from the public records. There may be local companies that aggregate the data and make it available to investors. I know of one here, but they only do it for a dozen counties along the front range, so it doesn't help with Texas. Perhaps someone from Dallas can point you to a good source.

  • Investor · Garland, TX · Member since 2010 · 99 posts · 92 votes
    14y

    Ejaz Syed You can go to www.realquest.com and click on the express. You can search for REOs there. Also, you can go www.flsonline.com which is local in the Dallas and DFW area.

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