Century 21 The Hills
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CENTURY 21 The Hills

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Licensed and regulated by the Texas Department of Housing and Community Affairs.
830.257.5010
888.269.5010
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Foreclosures In Kerrville TX

Ever since the real estate boom and crash in the mid-2000’s, many home buyers inquire about buying a foreclosed property. While the foreclosure trend likely peaked around 2011 (according to many real estate experts), it is still a common topic.

Foreclosures are caused by homeowners defaulting on mortgage payments. In the event of a default, the bank can take possession of the property from the borrower. While the thought of individuals and families getting removed from a home can be an uncomfortable topic, foreclosed homes can be a nice opportunity for home buyers looking for bargains and willing to stomach a non-traditional home buying process.

Foreclosure properties are often sold at auction. It is commonly advised that only seasoned real estate veterans participate in auctions as these events require a significant amount of cash on-hand and you face the possibility of going head-to-head against a cut-throat real estate investor. Additionally, foreclosures being sold at auction are often auctioned off without the ability to inspect the property.

Inspections on foreclosed properties are especially important considering the condition of such properties can often be an issue. While the purchase price of a foreclosure might be lower than a comparable home nearby, factoring in a budget of possible repairs is an important consideration.

Foreclosures in Kerrville, TX can be worth pursuing, but we strongly encourage partnering with a trusted real estate professional to guide you through the process. The foreclosure process is more complex than purchasing a non-foreclosure, so leaning on the advice and experience of a professional is a must.

Are you in the market for a home in Kerrville, TX? Contact us today.

The information contained in our website is believed to be reliable but is not guaranteed. Prices and details subject to change without notice. We make every effort to maintain this website to have current, accurate information. However, we cannot warrant the accuracy of the information contained in our website. This includes, but is not limited to, information contained in our website and information contained in websites that are linked to our website. Those relying on this information are advised to conduct full due diligence on any and all matters of importance to them.

Texas law requires all real estate licensees to give the following information about brokerage services to prospective buyers, tenants, sellers and landlords. Please click on the links below:
Texas Real Estate Commission Information About Brokerage Services
Texas Real Estate Commission Consumer Protection Notice

Expect The Exceptional

1726 Sidney Baker St
Kerrville, TX 78028
830-257-5010
888-269-5010 (toll free)
830-257-5069 (fax)


©2020 CENTURY 21 The Hills Realty. CENTURY 21® and the CENTURY 21 Logo are registered service marks owned by CENTURY 21 Real Estate LLC. Equal Housing Opportunity. Each office is independently owned and operated.

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