I am looking into bank foreclosures, can anyone tell me a LEGITIMATE place to find them?
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I work for a nation wide lender. We have many homes in southern cal. You can email me and I will send you what we have. Our list updates every two weeks. You can also look directly on the HUD web site. ( the list my company has is free no strings attached.)
I hate that. Send 39.99 and we'll send you a list of places you can go and send them 29.99 for a list of forclosures in your area! Arrrrgghh
try your local court house and newspaper. They have forclosure notices in them. The court house has to offer up estate and other property on the court house steps. It's just up to you to do the home work and find out when this events happens. Of course you will have to have back tax money or money to catch up the account to work with whom ever has the property.
The very fact that you do not know were to find this information shows that the market is not an open fare and fully disclosed housing market. These banks are shorting the market thus make or trying to drive up prices. Duh this is how the bubble was. Since you live in So Cal get and stay out of debit and save.
All so check out this web site and you start to understand the market.
Best of luck.
http://www.breakingbubble.com/index.htm...
http://www.ocwen.com/reo/home.cfm...
These guys list all the VA foreclosures and a number of bank REO's.
Good Luck.
freesample1 gave the best answer.if u've got time 2 do the legwork...newspapers and the courthouse. get ready 2 have a bank letter of prequalification in hand b4 the bid date. u'll have 2 show financial ability 2 back your bid.
realtor realtor realtor dont pay a site there not updated and realtors are up to date--feel free to use multiple realtors as i buy houses and one realtor has a list of houses while another will have some of the same addresses and some not on the first realtors list
Call the various banks in your area and ask for the REO department. Many might not know what you are talking about so ask for the number to the main branch. REO stands for Real Estate Owned.
Banks are not in the business of real estate and homes they've foreclosed on look very bad on their books. With foreclosures being so high, you should be able to find plenty. Often times, you can get the home for less than the bank is owed...it's that important to them to get them off the books.
Go to the bookstore and look for books on "Short Sales"...that should help a lot or please use my A-store.
http://astore.amazon.com/hotjohnniecom-2...
Hi Patricia, contact me and I'll help you out. I mostly deal with pre-foreclosures, but I can help you locate and buy bank owned property for free because I get paid by the bank's agent.
Regards
Go to this site: I get e-mails sent to me from there -
realtytrac.com
Check with your local title company or your local county office. They should be able to help you located houses that are going into foreclosure. These types of properties are usually referred to as "Pre-Foreclosure Properties."
If you are looking for real estate that is already owned by a bank that has foreclosed on the property. This web site may help.
www.deeppockets.com
Thomas Rushing
Golden Lily Properties
"We Buy Houses"
Thomas@Goldenlily.net
(866) 800-1002
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