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General Real Estate Investing

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Nathan Frost
  • Rental Property Investor
  • Wichita Falls, TX
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Bank Foreclosure Sales

Nathan Frost
  • Rental Property Investor
  • Wichita Falls, TX
Posted Dec 7 2022, 11:49

Hi, where and how can I find out when a banker is coming to the courthouse to sell a foreclosure?

Also, what are the steps to refinance a property that is purchased at the tax sales into a 15 or 20 yr note?

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Chris Seveney
Pro Member
#1 All Forums Contributor
  • Investor
  • Virginia
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Chris Seveney
Pro Member
#1 All Forums Contributor
  • Investor
  • Virginia
Replied Dec 7 2022, 17:18

@Nathan Frost

Foreclosure auctions are listed in legal notices but today half of them don’t end up going through because borrower files bankruptcy

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Eliott Elias#3 BRRRR - Buy, Rehab, Rent, Refinance, Repeat Contributor
  • Investor
  • Austin, TX
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Eliott Elias#3 BRRRR - Buy, Rehab, Rent, Refinance, Repeat Contributor
  • Investor
  • Austin, TX
Replied Dec 7 2022, 21:54

The first Tuesday of every month is when foreclosure property get auctioned off. Call your county and ask for location information. I would call pre foreclosures and figure out a situation before the auction date 

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