Real Estate Foreclosure Guide

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Real Estate Foreclosure Article

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Where To Find Real Estate Foreclosure Listings

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Real estate foreclosure listings are not a secret. There are multiple Internet sites that compile lists of their own to sell when you join their site as a member. There are benefits to going through a third party to get real estate foreclosure listings, but they can also be had just by searching the public records in your area. If you are looking for real estate foreclosure listings across the United States, then going to a third party that has compiled that information into one easy to search online source can save you a lot of time. If you are looking for real estate foreclosure listings close to home, however, you can get good information through your local newspapers, realtors, and the county records.

Local Information

When a bank is going to foreclose on a property, it is required by law to place a notice of sale in the local newspaper. This information will show up sporadically in the local newspapers and even some business journals are known to carry it too. Just look under the “Public Notice” section of these periodicals to find out what foreclosure sales may be happening in your area and compile your own list.

Another source to build quality, local, real estate foreclosure listings is the county records. You can look for any Notice of Default (NOD) to see what might in preforclosure. Other places to look in the public records are doing a search for Lis Pendens or Notices of Sale. Some county records are now searchable online and contain the latest information on local foreclosures. If you want to save some money and be the first in line, it can pay to create your own real estate foreclosure listings by searching the public records for free.

Online Third Parties

If you are investing nationwide, you may want to find information on foreclosures all across the country. In that case, you will probably want to get real estate foreclosure listings through a third party. One of the nice things about getting that information online is that often they provide additional information like tax and property liens that might be hard for you to find yourself. As always, be sure to check out properties thoroughly before making an offer, and double-check all the facts that you may get from a third party online vendor of real estate foreclosure listings. Otherwise, you might find out that there is an error in the information that can cost you plenty at closing. While using online third parties can help to speed up nationwide searches, they should never be a substitute for doing your own homework to make sure the deal is sound and you are protecting your own interests.




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Real Estate Foreclosure News

Foreclosures Continue To Dog Residential Real Estate Market - Worcester Business Journal


Foreclosures Continue To Dog Residential Real Estate Market
Worcester Business Journal
By Brandon Butler It's the new normal in the real estate market, or at least that's how Erika Hall, an agent with Keller Williams' Hall Team Realtors in Worcester, describes it. Foreclosures have plagued the residential real estate market for most of ...

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Tri-county real estate has mixed year - Lansing State Journal


Tri-county real estate has mixed year
Lansing State Journal
Despite the increase, home prices are still a major challenge in the market, said Debbie Barnett, president and owner of Tomie Raines Inc., an East Lansing-based real estate company. “Foreclosures continue to be an issue and short sales continue to be ...

and more »

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Foreclosures at the high end increase - San Jose Mercury News


Foreclosures at the high end increase
San Jose Mercury News
There were nearly twice as many short sales last year of Contra Costa County homes whose initial price was at least $1 million as there were in 2009, according to real estate information service DataQuick. Santa Clara County short sales increased ...

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Foreclosures hit 4-year low in metro area - AZ Central.com


Foreclosures hit 4-year low in metro area
AZ Central.com
Last month, there were 2263 foreclosures, or trustee sales, in the region, according to real-estate research firm Information Market. Pre-foreclosures, also known as notice of trustee sales, fell to 2932, the lowest level since the summer of 2007.
Phoenix housing market starting to recoverThe Seattle Times
Real-estate experts in Arizona are guarded but hopefulTucson Citizen

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REAL ESTATE: Foreclosures continue to dominate Inland home sales - Press-Enterprise


Newsday

REAL ESTATE: Foreclosures continue to dominate Inland home sales
Press-Enterprise
BY LESLIE BERKMAN Foreclosures continued to dominate Inland Southern California home sales in the third quarter of 2011, with 51.87 percent of homes sold either in the foreclosure process or already foreclosed on and bank owned, according to data ...
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LI foreclosure sales fall 32% in 3QNewsday
Distressed Real Estate Made Up Smaller Percent of Sales in 2011 3QCredit Union Times
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