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Although foreclosures in Texas are down as of September 2008, keeping Texas out of the top 10 states with highest foreclosure percentages, the size of our great Lone Star state makes them still plentiful. While it is very unfortunate for someone to lose their home to foreclosure, it can be an opportunity for someone else to buy that otherwise could not afford a home, as well as the investor looking for fixer upper deals and rental property.
At Discovery Realty Group, we specialize in all types of foreclosures. From bank foreclosures(REOS) to HUD owned homes. You name it, we have bought and sold it! We have helped investors seeking rental property that cash flows and provides better than 15% return on investment. As well as investors that buy to resell (Flip) properties expecting 50-100% return on investment. Try getting that in the falling stock market!
For more info and a list of inventory of current foreclosures in Central Texas, just email us at jim@discoveryaustin.com. You may want to view some of the inventory listed for sale on the following site: www.bidselect.com To take closer look at any distressed, Lender owned, or HUD owned property, just call us today at 512-415-9602.
Happy Investing!
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