Posted Addison Foreclosures for October, 2009

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Real Estate Agent with United Real Estate TX #0552717

Posted Addison Foreclosures for October, 2009

Addison, Texas has not been as hard hit with foreclosures as other parts of the country, but foreclosAuctionures do exist here.  The foreclosure auction is held at the county courthouse on the first Tuesday of each month.  Properties on the following streets are posted for the October 6, 2009 auction and include 2 townhomes, 1 condo, 2 single family homes, and 2 office buildings.

Street

Property Type

Sq Ft

B/B/G

Year Built

Berklee Dr.

Townhouse

1958

3/3/2

1998

Berklee Dr.

Townhouse

1422

2/2/2

1997

Brookaven

Condo

1373

2/2/0

1971

Heritage Ln.

Single Family

1855

3/2/2

1992

Le Grande Dr.

Single Family

1528

3/2/2

1980

Addison Rd.

Office Building

23,765

 

1998

Dallas Pkwy

Office Building

201,724

 

2008

 

If you think you might be interested in purchasing a property at the foreclosure auction, I suggest that you attend the auction for a few months, learn the procedure, and do your research about any property you might want to bid on.  In Dallas County, the auctions are in the basement of the courthouse and trustees representing multiple banks sell at the same time.  It's quite an interesting process.  Only about 5% of the posted properties sell.  The rest are taken back by the banks and may eventually be listed through real estate agents.  It is usually the properties with lots of equity that sell. 

Posted by

Lorrie Semler, e-PRO, GRI, SRES, CPRES, CRS
Addison Resident/Addison Specialist                                                      Subscribe Button
Real Service. Real Results. Real Estate.
United Real Estate
972-416-3417

http://www.AddisonUpdate.com                                                                                                                         

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Show All Comments
Rainer
639,083
Carl Winters
Canyon Lake, TX

Hey Lorrie I like the new look. Hope things are going well for you up in Addison. (Ceil)

Sep 17, 2009 01:46 PM #1
Rainmaker
1,298,286
Lorrie Semler, REALTOR® in the Dallas area. Call/text 972-416-3417
United Real Estate - Addison, TX
Real Service. Real Results. Real Estate

Thanks, Ceil.  Had to take advantage of the new HD photo option.

Sep 18, 2009 01:52 AM #2
Rainmaker
1,076,262
Sharon Parisi
United Real Estate Dallas - Dallas, TX
Dallas Homes

I am amazed by some of the addresses on the foreclosure list.  Guess I will look at the PowerPage!

Sep 18, 2009 04:17 PM #3
Rainmaker
1,298,286
Lorrie Semler, REALTOR® in the Dallas area. Call/text 972-416-3417
United Real Estate - Addison, TX
Real Service. Real Results. Real Estate

Sharon:  The Powerpage only goes back about 5 days.  These are postings from the Dallas County Courthouse.

Sep 19, 2009 05:53 AM #4
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Rainmaker
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Lorrie Semler, REALTOR® in the Dallas area. Call/text 972-416-3417

Real Service. Real Results. Real Estate
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