Buying a Forclosure House?

Question

What is the best website to look at forclosure homes??

Answer 1

Don't waste your time or money on the linked sites from the other posters. They are little more than scams.

Contact lenders in your area. Also, virtually any real estate agent or broker will have information on forclosures.

Finally, check out the HUD website. Totally free! Most of the pay sites simply republish the information from here anyway.

http://www.hud.gov/homes/index.cfm

Answer 2

yea, go thru the hud website that the last person gave u. they will give it to u by county, state or whatever. i got my first house by buying a foreclosure home. fyi there wasn't any appliances in the home that i bought. sometimes Hud will even give u a list of realtors to speak to about the house that ur interested in. get a home inspection, too. also the utilities will be turned off in the home as well.

Answer 3

bostonianinmo gave great advice, but I find HUD homes sometimes needing too much work for my taste and they are rare here in my neck of the woods.

Try this website:
www.realtytrac.com

You can locate pre-foreclosures, auctions and Bank owned and even foreclosures which are being re-sold by licensed agents. Another great source is a newspaper that publishes legal notices. You can also just "drive for dollars".

Regards

Answer 4

paying for foreclosure would nicely be a strong option when you're searching for something more cost-effective see you later as you're making positive you already know what you're paying for. from time to time they strive against to stay away from disclosing code violations and different issues to skill clients. that is critical that you're making positive you already know the right inquiries to ask because an excellent style of the time they gained't allow you to already know till you ask and are very ahead about it. even as i become searching for houses I encountered that that's possible to discover foreclosure which at the on the spot are not in poor structure, yet you'll intend to easily remember to are responsive to all circumstances that would come alongside with purchase mutually with duties for paying back taxes, late utilities, etc. relying on what section you're searching to purchase a house in, that's truly complication-free for the customer to might want to p.c.. up area of the late expenditures for amenities mutually with water besides as paying area of back taxes that are frequently themes with foreclosure. not in any respect enable them allow you to do not ignore that you won't be able to have it inspected or you ought to purchase it earlier you get a itemizing of code violations. from time to time they're so wanting to teach foreclosure that they strive against to tear off clients, so see you later as you're conscious and understand what to seem for and what to stay faraway from you'd be secure. even as searching at houses i actually become advised once that i could not step foot interior the resources till i purchased it. they truly attempt to placed one over on people, hoping that they are going to fall for his or her tricks. Be one step ahead, continually. Do your study and also you may want to get a strong deal in case you install the artwork and do not concepts performing some upkeep. i have been interior some foreclosure the position the people ripped out the furnace, flooring, partitions and plumbing and now the monetary employer is stuck with a shell. Others are very useful and seem no diverse than the different houses you spot for sale. not all foreclosure are undesirable, even if that is critical to observe that once houses are left vacant for a lengthy time period they're many times aims for scrappers searching for a speedy greenback and many times the interior finally ends up being torn up and destroyed.

Answer 5

HUD WEBSITE. THATS THE RIGHT INFO. IM A LOAN OFFICER EMAIL ME WHEN YOURE READY. IF IN TEXAS.