Forth Worth is part of the massive Dallas-Fort Worth Metroplex in north central Texas. As a major city, Forth Worth, situated in Tarrant County, has many ongoing foreclosure sales. Lenders foreclose when a home owner ends up defaulting on a home mortgage loan. The lenders then post a notice so the public can find the Fort Worth foreclosures. Those who decide they want to buy foreclosed homes in Fort Worth can then prepare bidding money and bid to buy foreclosed properties at the public auctions held in Tarrant County.
Visit the Tarrant County website’s “Notice of Substitute Trustee Sales” page at Tarrantcounty.com/ecountyclerk/cwp/view.asp?a=735&q=452462. This page has the Fort Worth foreclosure listings and also includes the listings for Arlington and the other cities that form part of Tarrant County, Texas.
Look at the foreclosure notices to locate foreclosed properties in and around Fort Worth, TX. The notices will give you the street address of the properties and the time, date and place of the Fort Worth foreclosure auctions. In fact, all of these foreclosures take place at the Tarrant County Courthouse. Find the exact location of the premises by looking at the listings.
Visit properties that you might like to purchase at the Tarrant County foreclosure sales. You want to get some idea of the condition of the property and any homes on the lot. It is best to have a good estimate of the fair market value of the property. Use that information to come up with a maximum bid for each property.
Contact the lender’s trustee for bidding and payment instructions. The Tarrant County Court Clerk specifically advises to contact the seller to get payment terms because the clerk does not have this information on paying for Fort Worth foreclosures.
Take the necessary money and bid on the properties for Fort Worth and the surrounding Tarrant County cities. Pay the money to the lender’s trustee so you can complete the foreclosure purchase and get a Texas property deed.
Take the property deed you receive from the lender’s trustee and head to the Tarrant County Courthouse. When buying foreclosed homes in Fort Worth, just as in any other city, you must file your deed with the court clerk. File your property deed with the Tarrant County Court Clerk when buying a Fort Worth foreclosure.
Tarrant County Court Clerk’s Foreclosure Listings