You can sell right up until auction day — and often keep your equity. The Texas timeline, every option you have, and why the “we buy houses” letter isn’t your only way out.
Distressed sales can mean real value, but they run on different rules. Foreclosures, short sales, and bank-owned homes each have their own timeline, their own paperwork, and their own ways to lose money. This is where I explain how each one works in the Houston market and what to check before you make an offer. Kevan Pewitt, REALTOR® and broker-owner of Houston Prime Realty — for when the deal is anything but standard.
How to Buy a Foreclosed Home in Houston
Auction, bank-owned, or HUD — the three ways to buy a foreclosed home in Houston, what each really asks of you, and where the deals actually are.
Foreclosure, Short Sale, REO Listing,What is the Difference?
Foreclosure, short sale, and REO aren’t the same thing. Here’s the plain-English difference — and what each means for a Houston buyer.