About
Unlock the secrets to buying REO (Real Estate Owned) properties in Texas with this comprehensive guide designed for both homebuyers and investors navigating the 2025 market. Whether you're a first-time buyer looking for an affordable starter home or an experienced investor seeking your next flip or rental property, this program will equip you with the knowledge and strategies to confidently navigate bank-owned real estate transactions. In this program, you'll discover what REO properties are, how they become bank-owned through the foreclosure process, and why they present unique opportunities in today's Texas real estate market. You'll learn the step-by-step process of purchasing REO properties, from identifying listings on the MLS to understanding the required contracts, including the TREC 1-4 Family Residential Contract and necessary bank addenda. We'll cover the critical differences between traditional home purchases and REO transactions. You'll gain practical insights into working with bank sellers, navigating "as-is" sale conditions, and protecting yourself through proper inspections and title insurance, even when the seller won't make repairs. This program also addresses essential financial considerations, including how to budget for repairs, use conventional, FHA, or VA financing, and understand the commission structures in REO transactions. You'll learn about the importance of working with experienced real estate professionals and the role of the Texas Buyer Representation Agreement (TXR-1501) in protecting your interests. By the end of this program, you'll be prepared to identify REO opportunities, evaluate properties effectively, navigate complex paperwork and corporate closing processes, and build a winning strategy tailored to your goals in today's Texas real estate market. This program is brought to you by Adriana C. Perez, a licensed Texas Realtor with specialized experience in REO and foreclosure sales across the Greater Houston area and beyond.
You can also join this program via the mobile app. Go to the app