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is there a way to find foreclosures on the market....

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jlk51496
Mom of 3 - YIKES! =)

Member since 10/09

6758 total posts

Name:
Katie

is there a way to find foreclosures on the market....

without paying a fee for a website?!?!?!

Posted 2/11/11 10:32 PM
 
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Christine Braun - Signature Premier Properties
LIFamilies Business

Member since 2/11

3992 total posts

Name:

Re: is there a way to find foreclosures on the market....

My real estate company's website, www.dallow.com, lets consumers search for short sales and/or foreclosures if you click on the "advanced search" option on the left hand side of the home page. It's free.

Also, feel free to FM me with your desired town and other criteria, and I can provide you with current listings on an ongoing basis.

Is there a specific reason why you are interested in foreclosures versus short sales? You may already know all of this, but you can often get more for your money with short sales versus foreclosure/REO properties because (i) the bank has not yet foreclosed and incurred all of the costs of the foreclosure (e.g., legal fees), so it is often willing to accept less for the property to avoid foreclosure, and (ii) short sales are usually in much better condition whereas foreclosures are often in disrepair (having been vacant for awhile). A lot of foreclosures are not mortgageable in a traditional sense -- they require a cash buyer or a rehab (203(k)) loan, because the basic systems (electrical, plumbing, etc.) are not in working order.

Anyway, let me know if I can help!

Christine

Posted 2/11/11 11:10 PM
 

limommer
LIF Adult

Member since 2/10

1073 total posts

Name:
Meredith

Re: is there a way to find foreclosures on the market....

What about zillow? They are usually listed on the map

Posted 2/12/11 7:34 AM
 

Beth
The Key to your new home....

Member since 2/06

24849 total posts

Name:
Beth

Re: is there a way to find foreclosures on the market....

any realtor can pull you a list of all the foreclosures on the martket (never pay a fee...those sites are rip offs and inaccurate)

but not all realtors are knowledgable to sell you one successfully

I have sold many bank owned and HUD houses - let me know you have more questions

Posted 2/12/11 10:20 AM
 
 

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