Posted Addison Foreclosures for August, 2009

By
Real Estate Agent with Keller Williams Dallas Premier 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 at the county courthouse on the first Tuesday of each month.  Properties on the following streets are posted for the August 4, 2009 auction and include one condo, one single family home, an office building and a shopping center.Auction

Street Name

Sub Division

Property Type

 

ADDISON CIR

 AVENTURA

 CONDO

 

BELT LINE RD

 ADDISON TOWN CENTER

 SHOPPING CENTER

 

DALLAS PKWY

 HANOVER PARK

 OFFICE BLDG

 

HAMPTON CT

 BELLBROOK ESTATES

 RESIDENTIAL

 

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
Addison Resident/Addison Expert                                                      Subscribe Button
Real Service. Real Results. Real Estate.
Keller Williams - Dallas Premier
972-416-3417

http://www.AddisonUpdate.com                                                                                                                         

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

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Topic:
Real Estate General Information
Location:
Texas Dallas County Addison
Groups:
All Thing's Texas
Collin County, TX Real Estate Professionals
Local Expert
Posts to Localism
Texas Real Estate
Tags:
addison
addison tx
addison texas
foreclosures
dallas real estate auction

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

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Additional Information

Ah, Addison! Not a city, but a "town." The Town of Addison. The best place to live and work in North Texas. There's something to be said about a place that doesn't take itself too seriously. Note the exclamation point in the town's name. Here you'll find the ruminations, rants and raves of one of the town's realtors and residents.