![]() Auction housesĪuction companies often hold huge foreclosure auctions, sometimes selling hundreds of properties in a single day. Tour the neighborhoods in which you’d like to buy and check for real estate signs you’ll likely see some marked “Foreclosure” or “Bank Repo.” Call the agents whose names are on the signs and ask about other foreclosure listings that may be coming on the market - you just may get a jump on other buyers by asking about new foreclosures not yet listed. Two benefits to searching public records? It’s free, and you may find newly posted properties that haven’t yet reached many of the online foreclosure data providers. Just visit your county’s office and you can search for a Notice of Default (NOD), lis pendens or Notice of Sale. ![]() This information is public record and available to anyone. Throughout the foreclosure process, various legal notices must be filed in your County Recorder’s Office. Check websites for online foreclosure listings and purchase procedures from agencies including: Fannie Mae, the Federal Housing Administration, Treasury Department and Small Business Administration. Some government agencies require that offers be submitted through a real estate agent, while others will accept them directly from consumers. Some lenders hire asset management companies to handle their foreclosure listings, so it’s worthwhile to check those websites as well. The sites are generally searchable by state and city and include prices, photos, descriptions and agent contact information for each listing. Some banks - especially larger ones - list inventory of foreclosed properties on their websites. Once you’ve identified several legitimate companies, go online to check their websites for listings and upcoming auctions. Check the legal notices in your local paper to find real auction houses operating in your area. NewspaperĪ requirement for filing a foreclosure is that the Notice of Sale be published in the local newspaper of record. For what may become available in the future, select “Foreclosed” or “Pre-Foreclosure” in the “Potential Listings” section. Go to, enter your search area and click “Listing Type.” Then select “Foreclosures” in the “For Sale” section to view what’s available now. Of course, you can also find pre-foreclosures and bank-owned properties for free through Zillow. Your agent will be able to guide you to foreclosure property listings on the Multiple Listing Service (MLS) - a database to which consumers do not have direct access. Search for agents in your area who have foreclosure experience. Foreclosure real estate agentįind a real estate agent who specializes in foreclosed properties. Just beware: Many of these sites are filled with listings that are often inaccurate or outdated.īelow are eight ways to find foreclosure listings: 1. Want to buy a foreclosure but don’t know where to start? Seasoned investors know where to find foreclosure listings, and there are plenty of unscrupulous companies out there that have built ad-based, subscription websites to pull you in.
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