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Short Sales / Pre-Foreclosures of Houston (Katy, Sugar Land, Pearland, Bellaire, Greater Houston Area)
TexasRealtyPros.com gathered all short sales and preforeclosures in one single location. A short sales / preforeclosures is a home that the bank has NOT YET taken back from the owner, because he/she did not pay the monthly note (usually for 3 months or more). They are nick named Short Sale because the owner owes more then what the house will sell for leaving the bank short of the full amount owed. They are also known as preforeclosures because the house has not yet been foreclosed on, the bank is willing to the sell the house below (short) what is owed just to recover some of their lost.
Either way short sales / preforeclosures are a great way to make a great deal on a home, but be prepared to do some work on the house.
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"To provide the best service to each client by putting our client’s needs first, and upholding each transaction with the utmost integrity."