Where can you find a listings of foreclosure homes?
Question:
Answer:
Go to your county "records department" or it may be called "clerk of circuit court" in your area.
your local courthouse has listings posted on their bulletin board
http://www.realtytrac.com/home.asp?a=b&a...
You have to pay to sign up - but if you are really interested, this is a good starting point.
Also, you can look on http://www.hud.gov/homes/index.cfm.
Good Luck.
one place is the government listings of foreclosed homes.its free don't fall for those that want to charge you a fee for a copy of what they got for free.
go to your local city hall or records dept and find a list of homes available for the same reason in your area.
Well most folks do not understand that buying foreclosed properties isn't easy. Most are sold at auctions, so you have to bid on them. Most are in pretty rough shape, maybe not live- able. Most foreclosed homes that are not HUD, are listed with local Realtors, who are knowledgeable on foreclosures and again, you have to jump thur hoops to get them. Nothing is really cheap anymore. To find a home to live in, will cost you what the market will bear. I suggest you find a Realtor knowledgeable about your local market and put them to work for you. It costs you nothing to work with a Realtor, unless you opt to pay them. But the first thing you're going to do is go see your mortgage loan officer and get qualified!
No seller will take you seriously if you can't prove you've been qualified, meaning credit and history check by a lender and they provide you a letter stating that. Geez, I think you owe me for my advise! lol good luck!
Allison said it best. To add to it, there are three (some states four) times to buy a foreclosure:
1. When it's in pre-foreclosure. The owner missed (or will miss) a few payments and is motivated to sell. Best time, in my opinion, to buy.
2.At the auction. Worst time, in my opinion, to buy because you usually don't havean opportunity to inspect the property.
3. After the lender gets the property back. The lender usually then gives it to an agent to list and the agent just lists it at fair market value. Depending on the situation, it could bea good or badtime to buy this property.
4. Some states have a redemption period. I have no opinion whether or not this is a good time to buy.
Your best bet is to work with a real estate agent that is well versed in foreclosures and something called "Short Sales". If you're in Southern California, I can help you out.
Regards
From a good buyer's agent is the best place. It's worth their while to pay for timely information. They will also help you with the ins and outs of what you need to know. Foreclosures are not something to try learning on the fly. In Buyer's markets, the best time to buy can be either before or after the sale, but it depends upon the situation. Auctions are a horrible time to buy in California.
You need to go to hmbireo.com. This site shows homes that are for sale by hud. Before you can bid you will need a real estate agent that is registered to do hud bids. Make sure you check out the property good and bid less than they are asking for the property.
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