Lake Conroe Foreclosure Homes for Sale

Lake Conroe Foreclosure Homes for SaleWhen you think about Foreclosures and Foreclosure Homes, what comes to mind?  Low prices, investment opportunies, or paperwork and property damage?  There are many common misconceptions that although sometimes true, should not be counted on when buying a foreclosure.  

Learn more by clicking on the article, otherwise feel free to browse all current active Foreclosures For Sale in the Lake Conroe area!

There are several Pros and Cons when Buying Foreclosure Homes. Read More...

Foreclosure Homes for Sale

All ListingsUnder $100,000$100,000 - $200,000
$200,000 - $300,000$300,000 - $400,000$400,000 - $500,000
$500,000 - $600,000$600,000 - $700,000
66 Properties Found. Showing Page 1 of 9
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58.8 Acres On Keenan Cut-off Road In Montgomery. Lots...

$600,000
Montgomery, Texas
Country Homes/Acreage
Price:
$600,000
City:
Montgomery
Baths:
0
Type:
Country Homes/Acreage
MLS® #:
71234465
Provider:
Z Texas Real Estate

58.8 Acres On Keenan Cut-off Road In Montgomery. Lots Of Options With This Property. Close To Lake...

Photo of Listing #71234465

Bank Foreclosure - Let's Make A Deal! Waterfront Enchantment-...

$515,000
Montgomery, Texas
4 br, 5 ba, 3,956 ft² Single-Family
Price:
$515,000
City:
Montgomery
Beds:
4
Baths:
5
Type:
Single-Family
MLS® #:
92082387
Provider:
Keller Williams Realty Conroe

Bank Foreclosure - Let's Make A Deal! Waterfront Enchantment- Three Stories Make For The Perfect Family...

Photo of Listing #92082387

Inviting Two-story Home Featuring Five Spacious Bedrooms...

$414,900
Conroe, Texas
5 br, 4 ba, 4,404 ft² Single-Family
Price:
$414,900
City:
Conroe
Beds:
5
Baths:
4
Type:
Single-Family
MLS® #:
4854847
Provider:
Starcrest Realty, Llc

Inviting Two-story Home Featuring Five Spacious Bedrooms And Four Full Large Bathrooms. This Home Also...

Photo of Listing #4854847

Beautiful Waterfront Home On A Quiet Cul-de-sac. French...

$397,950
Willis, Texas
3 br, 5 ba, 3,195 ft² Single-Family
Price:
$397,950
City:
Willis
Beds:
3
Baths:
5
Type:
Single-Family
MLS® #:
29447435
Provider:
Champions Real Estate Group

Beautiful Waterfront Home On A Quiet Cul-de-sac. French Quarter Is Gated With Clubhouse, Marina And Community...

Photo of Listing #29447435

Gorgeous 2 Story Hm W/4 Bdrms&4 1/2 Baths On 4 Private...

$379,900
Montgomery, Texas
4 br, 5 ba, 4,179 ft² Single-Family
Price:
$379,900
City:
Montgomery
Beds:
4
Baths:
5
Type:
Single-Family
MLS® #:
50188408
Provider:
God's Country Realty, Inc.

Gorgeous 2 Story Hm W/4 Bdrms&4 1/2 Baths On 4 Private Acres!2 Story Tile Entry Has Leaded Glass Double...

Photo of Listing #50188408

Spectacular Waterfront Home! Ready For You To Move...

$314,900
Montgomery, Texas
4 br, 4 ba, 3,359 ft² Single-Family
Price:
$314,900
City:
Montgomery
Beds:
4
Baths:
4
Type:
Single-Family
MLS® #:
77065441
Provider:
Swift & Company Realty

Spectacular Waterfront Home! Ready For You To Move Into! 4 Bedroom 3 1/2 Bath Home Located In A Gated...

Photo of Listing #77065441

Inviting Two-story Home Featuring Four Spacious Bedrooms...

$299,900
Conroe, Texas
4 br, 4 ba, 2,952 ft² Single-Family
Price:
$299,900
City:
Conroe
Beds:
4
Baths:
4
Type:
Single-Family
MLS® #:
99820550
Provider:
Starcrest Realty, Llc

Inviting Two-story Home Featuring Four Spacious Bedrooms And Two Full Large And Two Half Bathrooms. This...

Photo of Listing #99820550

3 Bedroom Single-Family Property in Conroe, Texas

$244,000
Conroe, Texas
3 br, 4 ba, 3,206 ft² Single-Family
Price:
$244,000
City:
Conroe
Beds:
3
Baths:
4
Type:
Single-Family
MLS® #:
10400309
Provider:
Realhome Services & Solutions

Photo of Listing #10400309

Foreclosure Pros:

  • Low Prices & Better Deals - Foreclosures often seem to be priced lower than other resale property, because banks tend to price their foreclosures competitively from the beginning in order to move the property sooner rather than later.  Over time, most banks and foreclosure entities will lower their price by a certain percentage on a consistent basis using a set system, and given enough time, are prepared to "cut their losses" in order to close the file.
  • Emotion Free Transactions - Banks tend to handle the sale of foreclosed property by the books.  It's a numbers game and they aren't going to be offended because you don't think their property is worth what they say it is.  Either the numbers work, or they don't!

Foreclosure Cons:

  • Emotion Free Transactions - Unfortunately the coin goes both ways, and a financial institution will just as quickly say NO to you if the numbers don't work.  They don't have the sense of urgency that you might be able to take advantage of in a motivated individual seller, and especially within the first month of being listed, they don't budge much on the price.
  • Property Damage & Lack of Repairs - A lot of times, foreclosures will be listed "As Is" and the bank has no intention of investigating, disclosing or repairing any existing property damage, missing appliances, etc.  So in the end you have to decide if a particular foreclosure is worth the headache, and very thorough when having the property inspected.
  • Paperwork & Red Tape - Certain types of foreclosures (ex. HUD Properties, Fannie Mae, etc.) require additional paperwork additional conditions that must be met, that may prolong the process, or even keep you from qualifying to purchase the foreclosure.  
All in all, as long as you are careful, foreclosures often times are less expensive, no-nonsense investment opportunities, and although Lake Conroe Real Estate is booming, there are several foreclosure homes available!
 
If you're interested, feel free to check out our Lake Conroe Pre-Foreclosure and Short Sale Homes for Sale.


Copyright © 2013, Houston Realtors Information Service, Inc. All information provided is deemed reliable but is not guaranteed and should be independently verified.

The IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information provided is deemed reliable but is not guaranteed curate by the MLS and should be independently verified.

Listing information last updated on May 22nd, 2013 at 9:50pm.

     

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