Legal Question in Real Estate Law in Texas
Foreclosures
I have found an abandoned home/property that I am interested in and would like to found out what the status of the property is. I have not found it on any of the foreclosure list. The house is worthless but the land is what I am interested in. Any suggestions on how to find out the status of the property?
1 Answer from Attorneys
Foreclosures
Howdy:
It may not be a foreclosure. Are you sure there�s a loan on it?
The first step is to find out who the owner is. That can be done through the appraisal district. They�ll tell you the name and last known mailing address. They can also tell you if the taxes are current. If they are, it isn�t abandoned.
Once you know the owner, check the county deed records to trace the title. It�ll tell you if the property is liened, or if it has been transferred recently.
Those are the steps to determine the status.
Good luck.
rkr