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Updated about 10 years ago on . Most recent reply

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Ashley Guzman
  • Realtor
  • Fort Worth, TX
19
Votes |
69
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Driving for dollars road block

Ashley Guzman
  • Realtor
  • Fort Worth, TX
Posted

Ok so I am sure this may have been answered already, but I looked and cant seem to find the answer. I was out today in this beautiful DFW weather and the ice coming in hindered my ability to meet some appointments so I decided I would look around for some new properties....I was driving so I decided to drive for dollars. I found about ten vacant or rental (ugly rentals with a for rent by owner type sign) in the area I was in. I got home and went to go look them up on the appraisal site and out of the ten..I only found information on four! I put the info in all different ways but I could not find anything. Please give me a heads up and let me know if there are any other ways to get info on these properties. Thanks for any advice and answers in advance!

Most Popular Reply

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Hattie Dizmond
  • Investor
  • Dallas, TX
1,810
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2,078
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Hattie Dizmond
  • Investor
  • Dallas, TX
Replied

@Ashley Guzman First...hello!

One of the things you need to remember is that Texas is a non-disclosure state.  That impacts a lot of things about real estate.  One of those things is that property owners can choose to have their information removed from the appraisal district's site.  It will still be available, but it will require a trip to the appraisal office.  

The other thing you need to know is that the appraisal websites are a little finicky.  If you want to PM me with one of the addresses you were unable to locate (don't worry...my reputation means too much to me to even think about jumping your claim...I'm just offering some help), I'll see if I am able to find it.  I have the bulk data from TAD, so I may be able to pull it there, if it is truly not available online.

As for the bank owned property...it's an REO. You can Google "US Bank Trust REO" to see if they have a website for their REO properties. The really big banks do and some of the smaller ones as well. It will give you the contact information for finding out about the properties they hold. Banks generally want to liquidate those properties, because banks are in the money business, not the property management business. The problem is they aren't good at property management or liquidating their properties. Catch-22

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