Posted Addison TX Foreclosures for April, 2011

By
Real Estate Agent with United Real Estate TX #0552717

Addison, Texas has not been as hard hit with foreclosures as other parts of the country, but foreclosures do exist here.  The foreclosure auction is held the first Tuesday of each month. These are the Addison Texas properties posted for the April 5th, 2011 foreclosure auction at theGeorge Allen Courts Building:Auction

Type

Street Number

Address

Subdivision

Townhouse

14592              

Berklee

Townhomes of Addison

Single Family

17101              

Vinland

Addison Place

Office Building

16301              

Quorum

 Parkside Corp. Center

Industrial

4355                

Excel Pky

Westgrove/Bent Tree Plaza

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.  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 at the courthouse.

In reference to Court Order 2009-0463 all Dallas County foreclosure postings and sales will take place on the north side of the George Allen Courts Building, facing Commerce Street, below the overhang, or as designated by the county Commissioners.

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                                                                                                                         

2011 Recipient of Addison Magazine's Readers Choice
Award for Best Residential Real Estate Agent.     

Information About Brokerage Services                                                         

                                                                                                

    Find me on the Web:

Lorrie Semler Facebook Lorrie Semler LinkedInLorrie Semler Twitter

 

close

This entry hasn't been re-blogged:

Re-Blogged By Re-Blogged At
Topic:
Real Estate General Information
Location:
Texas Dallas County Addison
Groups:
All Thing's Texas
Area Events
Local Expert
Posts to Localism
Texas Real Estate
Tags:
addison
addison tx
addison texas
foreclosures
dallas real estate auction

Spam prevention
Show All Comments
Rainmaker
3,759,391
Richard Weeks
Dallas, TX
REALTOR®, Broker

Lorrie,

Interesting.  Does not look like many foreclosures for Addison.  Would that be a fair statement?

Mar 23, 2011 08:43 AM #1
Rainmaker
1,307,294
Lorrie Semler, REALTOR® in the Dallas area. Call/text 972-416-3417
United Real Estate - Addison, TX
Real Service. Real Results. Real Estate

Richard: Yes, that's a fair statement.  We're a fairly stable community.

Mar 23, 2011 10:39 AM #2
Show All Comments

What's the reason you're reporting this blog entry?

Are you sure you want to report this blog entry as spam?

Rainmaker
1,307,294

Lorrie Semler, REALTOR® in the Dallas area. Call/text 972-416-3417

Real Service. Real Results. Real Estate
Want more information? Just ask!
*
*
*
*

Additional Information