Upcoming Foreclosures

Who has the BEST website (paid or free) to locate foreclosures and bank owned properties?

I am considering a career change and have 350,000 to invest in the home foreclosure market with the intention of fixing the homes and keeping as rentals or flipping them.

Public Comments

  1. I don't know if it is the BEST site, but it definitely has a lot of features...See foreclosures.com. Hope this helps... Check out TaxSaleWealth http://www.taxsalewealth.com
  2. There are two types of foreclosures, government foreclosures and bank foreclosures. Govt foreclosures are due to failure to pay property taxes and bank foreclosures are due to failure to pay the mortgage. There is one main site for both govt and bank foreclosures, you can find free listings here: http://www.investingwithoutlosing.com Before you invest though, please make sure you know how to do your due diligence and proper research. Look for the chain of title, liens, assessments, bankruptcy issues, etc. Because you trap yourself into paying more than what you expected. For suggested reading, go on amazon or another bookstore and take a look at Complete Guide to Real Estate Tax Liens and Foreclosure Deeds: Learn in 7 Days by Don Sausa [isbn 0978834682]. It has some good checklists and examples on how to research.
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