Is there a way to get a listing of foreclosed homes in my area for free?

Question

I've found plenty of online subscription sites that charge a fee, but, as I'm looking for myself, as a primary residence, not a property to rent out, I really don't want to pay for the service. Possible?

Answer 1

The people that foreclose on properties are usually the major lending company's and this usually comes down to local banks. Local banks will provide the lists of their foreclosures for no charge. They want these properties off their books and are usually easy to deal with. Carrying these properties on the banks books has a real negative effect on the banks cash position. Therefore; They are happy to provide a list of their properties in the hopes that you will purchase and help clear their books. Usually they will help with loans and good rates as well. You don't have to have an account at the bank. You are helping them out as they are helping you.

Answer 2

Good luck. I have not found any good free information about foreclosed homes.

At Realtytrac.com, you can see a list of foreclosed homes in your area for free, but they give very little information about them.

http://www.realtytrac.com/

You have to sign up for the good stuff, which I would recommend if your serious about finding a foreclosed home.

Buying a foreclosed home could be more trouble than your looking for too. When you buy a foreclosed home, it is your respnsibility, if necessary, to remove the current tenants.

Answer 3

Check with your local title company or real estate company, I'm sure any realtor would be happy to provide you with a list of foreclosures in your area provided you buy through them. Make sure that before you buy invest in a home inspection, especially dealing with a foreclosure.

Answer 4

http://www.all-foreclosure.com/preforc.htm

Free for the most part.