Where are the foreclosure auctions in Houston?

Where are the foreclosure auctions in Houston?

9401 Knight Road, Houston, TX
Date and time of Auction  The Auction has moved! New location: Bayou City Event Center, 9401 Knight Road, Houston, TX 77045.  The Bayou City Event Center is the new location for the auction that is held on the first Tuesday of every month from 10:00 am – 4:00 pm.

Is Harris County doing foreclosures?

Foreclosures are back in Harris County, after a year’s delay by executive orders. June 1, 2021 Updated: June 2, 2021 9:35 a.m. Month after month for more than a year, Harris County postponed its foreclosure auction as the pandemic raged and unemployment soared.

Is it worth buying auction property?

Auctions are an efficient way of buying property at a good price and avoiding a potentially lengthy sales process. Property auctions are a good way to land a bargain in a quick sale that avoids a potentially lengthy, conventional buying process.

Where are Harris County foreclosure sales held?

Information Trustee Foreclosure Notices The first Tuesday of every month an auction is held at the Bayou City Event Center located at 9401 Knight Road, Houston, TX 77045.

Are foreclosures postponed in Texas?

There is a foreclosure and eviction ban for most federally insured, financed, or owned mortgages through July 31, 2021. (This date has been moved forward several times, but the Biden administration has said this will be the last extension.) The ban is an extension of expired CARES Act protections.

How do I find foreclosure auctions in my area?

Below are eight ways to find foreclosure listings:

  1. Foreclosure real estate agent. Find a real estate agent who specializes in foreclosed properties.
  2. Check Zillow.
  3. Newspaper.
  4. Bank websites.
  5. Government agencies.
  6. Public records.
  7. Do a drive-by.
  8. Auction houses.

How do you buy a house if you owe back taxes?

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  1. Check the local newspaper or the county courthouse website for a list of homes scheduled for tax foreclosure.
  2. View properties.
  3. Verify the title is clear.
  4. Register to attend the auction.
  5. Confirm acceptable payment methods in your county.
  6. Bid at the auction.
  7. Pay for the property.

Is it better to auction or sell a house?

An auction gives property owners the best chance to sell their real estate quickly. That’s far more efficient than selling real estate by listing it with a real estate agent and waiting patiently for the best offers to come in.

Is there a moratorium on foreclosures?

The Federal Housing Administration (FHA) today announced an extension of its moratorium on evictions for foreclosed borrowers and their occupants through September 30 and noted the expiration of the foreclosure moratorium on July 31, 2021.

How to obtain cash for a real estate auction?

consider borrowing the amount you need from a

  • Take Out a Loan. Consider taking cash advances from your credit cards to come up with enough for the down payment.
  • Sell Something Valuable.
  • Considerations.

    • How do real estate and land auctions work?

    How Land and Real Estate Auctions Operate Land and real estate auctions operate relatively the same. You’ll go through an auctioneer, which is held by either a professional auctioning company or by the government in some cases. Banks or other agencies will be in charge of taking bids.

    How to auction property realtor auctioneer?

    Find an auctioneer who specializes in your type of home. Choosing the right auctioneer is the first and most important step.

  • Ask how the auctioneer gets paid. Some auctioneers charge the seller between 6 percent and 10 percent of the sales price as a commission.
  • Choose between an absolute auction or an auction with a reserve.

    • What is a property auction?

    An auction is an event in which goods or property are sold to the highest bidder. By being open to the public, an auction ensures a wide range of bids, and sometimes items at auction can fetch surprisingly high prices.