foreclosures

[teacups]

Is there any honest and free place on the web to find local foreclosed homes or land? Everything I find seems to have a gimick.

 

[natenapril]

I am interested in this too

 

[korbbec]

Did you try the MLS. It won't give you the street #, but it will give size, price and street info. I was looking for something more complete too.

 

[Am_I_There_Yet]

There are different types of foreclosures.

Some will be auctioned off at your local courthouse and you'll find times and the properties posted there. These are usually your drug seizures, tax foreclosures, etc. I highly suggest doing your research before participating in an auction.

Others - HUD, FannieMae, PMI foreclosures, short sells, etc., will be on the MLS. A lot of the agents who list these properties (myself included) will not represent buyers in the same transaction, so you'll need a buyer's agent - which I would highly recommend anyway.

The latter are the easier of the two in my opinion, as far as safety for the consumer, but the lesser of the two if you're trying to find properties to flip for profit.

 

[ahutton]

I've done some looking on a website called realtytrac.com. You put in a zip code and it lists properties and their stages, it seems to give enough info a realtor could then help you from there. Not sure how accurate it is but it is a starting point.

 

[kendall]

you can start here for HUD homes: http://www.hud.gov/homes/homesforsale.cfm

depending on what state, http://www.mcbreo.com/ or http://www.hmbireo.com/listing.php are useful too