Somervell County Foreclosures
Interested in buying a foreclosure in Somervell County, Texas? Bank-owned (also known as "real estate owned (REO)" properties can be appealing to buyers who are looking for a bargain and don't mind rolling up their sleeves to make needed updates or improvements.
Because most foreclosure properties are sold "AS IS", special financing programs like the new HomeStyle Renovation Loan can make purchasing very attractive for buyers in all categories, whether they are first-time home buyers, investors, or consumers in the market for a second home or vacation property.
When dealing with foreclosures, the language and the process can be complex and confusing. Our local area experts can help buyers navigate the tricky waters of pre-foreclosure, foreclosures and bank-owned properties. A Providence Group Realty Buyer's Agent can guide you every step of the way to prevent costly errors. Failure to find out about defects in the property or the actual value of the property can, of course, be an expensive mistake. And failure to negotiate a contract that works for you can cost you plenty.
Who Pays the Buyer's Agent Fee?
In most instances, the agreement between the lender who owns the foreclosed property and the listing broker dictate that fees are paid by the Seller. This makes it free to use the services of a Buyer's Agent to represent your interests.
Does It Cost Anything To See A List of Somervell County Foreclosures?
There's no need to pay for foreclosure lists! Our search engine scrubs the MLS daily to fetch the freshest list of foreclosure properties for each County Providence Group Realty serves in Texas. Providing this information is a free service to our customers and clients.