The Monthly Foreclosure Auction is tomorrow!
Here are Bexar County's active listing numbers:
Auction.com ZipSort# Address
(as of 8:53pm 9/3/2018)
E10674-1525 - 230 Shane 3130
E10674-1543 - 548 Amber Sky 26135
E10674-1544 - 452 Stream Cross 8713
E10674-1518 - 318 Agua Calientes 6814
E10674-1502 - 387 Gazelle Cliff 10534
E10674-1588 - 16 Afton Canyon 8710
E10674-1512 - 503 Ashburton 8104
E10674-14500 - 229 Recio Oaok 8254
E10674-14501 - 255 Solar 331
E10674-1526 - 275 Edge Point 13814
E10674-1546 - 538 Montebello 2754 1st lien, related to 544 Montebello 2754 2nd
E10674-1524 - 157 Castle Sword 4834
E10674-1547 - 514 Mustang Spring 11023
E10674-1548 - 478 Luckey Flower 11835
E10674-1506 - 284 San Pedro 242 16240
E10674-1571 - 19 Cantura Mills 8118
E10674-14502 - 527 Purple Sage 15526
E10674-1549 - 20 Chalk Hill Cove 8439
E10674-1550 - 484 Capri 12827
E10674-1505 - 382 Fort Apache 523
E10674-1509 - 189 Plover Place 11630
E10674-1593 - 454 Valley Lawn 6014
E10674-1510 - 38 Waterfall Pass 6915
E10674-1527 - 391 Marbach Pass 9830
E10674-1528 - 132 San Rafael 1626
E10674-1529 - 456 Winter Sky 7407
E10674-1519 - 173 Creekmoor 4906
E10674-1520 - 444 Hidden Rock 9755
E10674-1521 - 324 Charlie Chan 5734
E10674-1522 - 440 Bart Hollow 7121
E10674-14504 - 283 Pebble 15242
E10674-14505 - 28 Mistflower 3919
E10674-14506 - 336 Tomas 5123
E10674-14507 - 367 Bolling Brook 1231
E10674-14508 - 344 Seahorse 5471
E10674-1530 - 417 Blanco Key 16454
E10674-1531 - 280 Triola 3402
E10674-1532 - 239 Brownleaf 700
E10674-1533 - 515 Palomino 14393
E10674-1536 - 518 Quihi Way 9114
E10674-1539 - 119 Adrian 423
E10674-1540 - 539 Nicholas Manor 1254
E10674-1552 - 252 Red Elm 1803
E10674-1554 - 362 Wayword Trl 8039
E10674-1556 - 266 Sutton 631
E10674-1557 - 225 Pennystone 714
E10674-1558 - 227 Pickwell 223
E10674-1559 - 436 Spring Manor 6526
E10674-1560 - 475 Blonde Canyon 5855
E10674-1561 - 469 Rich Trace 9010
E10674-1562 - 352 Cedar Sound 2622
E10674-1563 - 464 Kardla Forest 8630
E10674A-36001 - 143 Sharon 431
E10674-1576 - 321 Kentsdale 8707
E10674-1577 - 535 La Pena 21303 dup & 536
E10674-1595 - 156 Castle Pnes 4851
E10674-1596 - 7 Bandera 17132
E900X-72472 - 487 Gilmer Mill 6231
Trustee: Deborah Martin Active Listings posted by Other Trustees:
Rex Report Zip Sort#:
Michael Thurman Active Listings:
Of course these Trustees may still sell any that are not marked as 'active listings' and they may still pull many of these off of their lists. As we accumulate more data on what properties have been pulled tonight we will update this list.
If you find this listing useful leave us a comment and we will see if this is something we should keep going for future months.
This is the monthly foreclosure auction! This is where trustees auction off properties for missed mortgage payments or for unpaid back property taxes. Investors assemble to bid.
Here are some common questions...
1) What is the guy behind the podium doing?
They are auctioning off properties due to unpaid taxes. The other trustees are auctioning off properties for missed mortgage payments.
2) What are the other differences between the two?
The Sheriff auctions, aka tax sales, have a good-sized crowd; however, they typically have only 5-10% of the number of posted properties that the private lender side, aka Bank’s sales, have. You have to register in advance, cannot have delinquent local property taxes and must pay by the end of the day or the sheriffs say that can come after you. The Tax sales have favorable lien elimination laws but tend to have older and smaller properties.
3) What do I have to do to bid?
Make a monetary bid that is audible to the trustee. Bidders generally brings multiple Cashier’s checks so that they can answer any anticipated bid. Business checking accounts sometimes offer free cashier’s checks, while some others charge $10 each. Many investors make the checks out to themselves and then sign them over to the trustee. Always make sure you are getting the property with the correct legal description before handing over your checks. Our gold book does not guarantee the accuracy of the data. For that matter, neither does a title company doing a $120 title search.
4) Who is the person standing next to the trustee and calling out numbers?
The ones in gold are with RexReport. Our researchers are there in the capacity of reporters. We also help identify which properties we think are being sold. We do this by communicating the number of the property that corresponds with the number in the book/report for that county. The book has to be the correct year, month and issue. Always make sure you are purchasing the property you want by confirming the legal description of the auctioning property with that of the respective county courthouse. We are there as a private company to help our subscribers be successful.
5) And when does your list come out?
Properties are posted on any business day of the month. Our reporters leap into action and usually have detailed reports online at www.RexReport.com by the end of the day or the following day. To subscribers we send out email reports regularly with the latest updates. The last day to file for the auction is 21 days before. Our hardcopy comes out the day after the deadline in Bexar and Travis. The hard copy suburban counties come out the following day, while Webb County comes out later.
6) I was following a property and the trustee never auctioned it off. What happened?
Most bank properties are not auctioned off. Only 20-35% are typically auctioned off. Homeowners take steps to save these properties or investors, such as you, buy them before the auction.
7) Is there a way to buy these properties before the auction?
Why yes there is! Our posted report is also a valuable pre-foreclosure tool. Investors use it to identify investment grade properties and then buy them pre-foreclosure. You would be buying these from the homeowners and not the banks. The banks are lenders and not owners--at least until after the auction.
8) This is interesting. What steps should I take to become more proficient at buying these properties?
We holds workshops on "How to buy Foreclosure investment properties in Texas." Contact us at (210) 733 - 4262 to find out when the next wonderful workshop is or visit us at www.rexreport.com. Come watch the monthly foreclosure auction. They are always the first Tuesday of every-month. Get close enough to a trustee to see the process.
written by - Rex Reporter - Gregg