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December 15, 2008
Foreclosure Listings
Does anybody have a good site to search for foreclosures? I've tried some of the subscription sites, but they come up empty half the time, which makes me wonder...
Any help appreciated.
Cheers!
Comments
PropertyShark.
Posted by: amanda at December 15, 2008 1:32 PM
Propertyshark is the answer. However, you probably want to look at the lis pendens lists more than foreclosure. By the time theres a foreclosure scheduled, it's difficult to do much with it.
Bidding on foreclosures is not an easy matter.
Posted by: slick at December 15, 2008 2:20 PM
FYI
Do Not use www.realtytrac.com.
They will rip you off.
Posted by: jasetheace at December 15, 2008 3:39 PM
most of the sites are available for a fee. not everyone has an access to them since many law firms specialize in foreclosures and that is how they make money.
you can try the county clerk and the bid. Careful because if you have no expirience with it you may get burned.
Those properties come without any inspections nor liens on the property or any type of information as to what is going on with the real property. And trust me, there can be planty going on!
Posted by: karo25 at December 15, 2008 4:18 PM
I recommend brownstoner[dot]com for future foreclosures. You can find them in the OHP, COTD and HOTD threads. Get'em while they're under the radar.
***Bid half off peak comps***
Posted by: Brownstones Half Off at December 16, 2008 3:13 PM
"Brooklyn Eagle Publications offers the Auction Advertiser Fax Service. As an Auction Advertiser subscriber, you would receive a complete listing of public foreclosures in all five boroughs every day (Data will be faxed to you overnight so you can have it on your desk as fresh data each morning when you arrive at work.) Right now [they] are offering the daily fax service for a mere $450/year ($75/month). [They] also offer a weekly service for $150/year. In addition, [they] produce a less comprehensive but equally valuable listing of foreclosures in our publication The Brooklyn Real Estate Record. The Record publishes a complete listing of Brooklyn foreclosures, as well as a limited number of foreclosures in the five boroughs."
Posted by: altervoce at December 16, 2008 3:31 PM
It is very difficult to buy a forclosed home because there are parisites like the real estate agents and the bankrupcy law firms that feed off of foreclosures before they even hit the market. My bet advice is to start looking for a house when you see more that 2 or 3 for sale signs on the same block. Trust me you will see for sale signs popping up like umbrellas on a beach in July
Posted by: hannible at December 16, 2008 11:52 PM
Buying and selling of real estate properties are an interesting and highly lucrative business venture to be in. The profits for selling a foreclosed property are wider. While searching a few foreclosure listing websites, I found www.mortgageinformationfinder.com/foreclosure-lists/. you can also check it out.
Posted by: foreclosure lists at December 17, 2008 7:01 AM
Buying and selling of real estate properties are an interesting and highly lucrative business venture to be in. The profits for selling a foreclosed property are wider. While searching a few foreclosure listing websites, I found www.mortgageinformationfinder.com/foreclosure-lists/. You can also check it out.
Posted by: foreclosure lists at December 17, 2008 7:02 AM
Yeah, "foreclosure lists" sounds like an objective source of information.... OP, there are people that work this market ruthlessly. You really need to know what you are doing because the risk of over-paying or getting scammed somehow is very real. In other words, 'what hannibal said,' and then some.
Posted by: g man at December 17, 2008 8:17 AM
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