Upcoming Foreclosures

Since there are so many foreclosures, why do you have to pay to get the listings?

Are there any ways to find foreclosures and bank owned homes without signing up for a service that costs you money?

Public Comments

1. Ask your realtor
2. You do not need to pay to get foreclosure listings. Many sites charge fees for the listings, but there is NO information in those listings that you couldn't get from a realtor, or from the bank who owns the home. You can find foreclosures through your realtor (those that have already been listed). You can also check with your county - they will have Notice of Trustee sales posted somewhere. These are notices that a home is going to be foreclosed on and when the auction will be. You can go to the auction with cash in hand and purchase there as long as you bid more than what is owed. If no one bids more than what is owed on the home, the property will revert back to the lender. Eventually the lender will have it listed with a realtor and then you can buy it. Some banks will list the properties they own on their websites and you may be able to purchase directly through them without the use of a realtor.
3. The foreclosures are required to be sold on the open market. Those "lists" are just scams. Any local RE agent can provide you a list of foreclosures for free.
4. it's a scam. As a realtor that you want to work with. In a few mins, they can pull all the short sales and foreclosed homes - for FREE. Where do you think these people that want to SELL you the information get it.