How do i find a FREE list of foreclosed homes in my area? I see lots of "pay a monthly membership" sites, but is there one that lists them for free? Or auction?
2007-12-27 04:44:20 · 6 answers · asked by sober 1 in Business & Finance ➔ Renting & Real Estate
You want to go to your county's recorders office and go through their book of dailies. This will show you all of the people that are either in foreclosure or going to go into foreclosure. Those websites you go to aren't very accurate. If you go to your recorder's office, you can get their names, phone numbers, loan amounts, loan numbers and lien holder. The best way to buy a foreclosure is straight from the owner. You can end up paying way less.
2007-12-27 05:54:20 · answer #1 · answered by LeAndra 4 · 0⤊ 0⤋
Your best approach is to talk with a local Realtor and explain that you are actively interested in buying a property or propeties. The Realtor will have access to everything you can find and more. Importantly, they will have a fresh list with the properties that are still on the market, through their Multiple Listing Service, and can also identify properties that havent been foreclosed yet, but on which the lender is willing to take a short payoff to avoid the foreclosure process. If you agree to work with that Realtor, they can actively work to find you the kind of properties that you want. That is how they get paid. You don't have to sign a contract or pay anything. If they want a Buyers Agency Contract, vote with your feet and walk away. They can work with you, without any cost to you, and would be happy to have you as a customer.
2007-12-27 05:04:09 · answer #2 · answered by john m 3 · 0⤊ 0⤋
You can call national banks and ask for their REO web sites. There's a small list of them located here on investingwithoutlosing.com, go to the search box and look for "REO".
The ones run BY banks are free because they want to get rid of it. All other sites like realytrac charge money. Also there's some real estate listings in the index pages of the book below.
2007-12-28 15:30:38 · answer #3 · answered by staceyreyes01 2 · 0⤊ 0⤋
Contact your local real estate agent to email you a daily list of foreclosures of the area you would buy into.
2007-12-27 04:50:39 · answer #4 · answered by realestatemichigan 3 · 0⤊ 0⤋
If you are in CA email me and I will have my broker send you a list. It would not take him long to run it. Include your price range, there are tons of foreclosures.
2007-12-27 05:05:36 · answer #5 · answered by Landlord 7 · 2⤊ 0⤋
http://www.realtytrac.com/
claims to have free listings of foreclosures.
Lots of properties may be listed in your local newspaper (or associated web site) as "court auctions" with fine-print descriptions.
2007-12-27 04:58:21 · answer #6 · answered by A Guy 7 · 0⤊ 1⤋