Who has found a FREE foreclosure listing site?
Question:
there's no free in this world.
You don't say what country you're in...but in the USA, I would start by contacting the Veteran's Administration, FNMA, city and county tax assessors and banks, since they are the major backers of mortgages or collectors of property taxes and have lists of foreclosures. Lenders don't want to OWN real estate, they just want the interest $$$ that they make on loans, so they want to sell non-paying houses as quickly as possible. While I personally have not looked very deeply into this type of real estate activity, it is my understanding that the person who defaults on a loan has one year to pay any back taxes, interest, principal ("arrears), etc. and reclaim the property; if that happens, they have to pay you some reasonable amount of money, but it sounds too 'iffy' which is why I am not interested in tying up money or my dreams in such ventures. Hope this gets you started. Post your results later?
The only free sites are the ones run by HUD and the VA. Anything else is going to cost you unless you want to track down every country website in the country. Even that won't give you what you want as not every country has those listings on line.
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