How do I go about finding information about foreclosures before they are advertised for auction?
Question:
Answer:
Here is your best answer,
Call a local title company as they actually record the notice of defaults for most trustees services. Ask their customer service person to e mail you their weekly list of filings. You can also log into many trustees websites and locate homes. This costs you nothing and the key is to ask for notices of default. That gives you the most time as the process has just begun. Most lenders and banks use a trustee service and a few law offices as a collection agent and they work between the lender and borrower.
You need a real estate buying permit, then once you do you can ask the agent for local auctions.
You dont need a real estate buying permit. Google it and include your state. Many banks post their listings on their websites weekly.
You might want to go to individual branches of your banks and see if they have a distribution list you can go on - they would prefer to sell earlier rather than later - time is money. Of course, you must show that you've got financial strength before they'll deal with you.
More Related Questions & Answers...