ANSWERS: 7
  • that's as hard as finding a diet pill that works or a work-from-home method that'll make you rich. this type of information is held by individuals, if you're decided to do this then take some time to research, talk to people, talk to your bank manager, go to government sites and research.
  • The banks and courts are overloaded with abandoned properties, foreclosed mortgages, seized houses, forfeited apartment buildings, and raw land that can be obtained very cheaply by bidders who are ready to take over the Forfeited Properties either for their own use or for resale to the general public. http://duplikacti.foreclo.hop.clickbank.net
  • Generally, whatever county you're looking to live in will have either a sheriff or an auditor. The sheriff or auditor will probably have a website (most usually it's a part of the county's website). The sheriff or auditor's website should be able to provide you with a list of foreclosed houses that will be sold at auction.
  • It sounds like you are serious and you need to research how to do this. Don't use the sites. I think their stuff is outdated long before it is too useful. Look into pre-foreclosure buying. Thomas Lucier's book: The Pre-foreclosure property investors kit is the best $16.00 I've spent but there are a lot of good books out there. I started at my local library. In my county you can do a search of records for "notice of default" These are the letters sent to homeowners when they first reach the 3 months behind period. You may be able to catch them in this stage and work out a better home price if they don't owe too much. The sooner you can get to them the better because they will be inundated with junk offers and harrassing phone calls, especially when the notice gets to the paper. But do your research. You have to know the market. Research the abstract to see if there are other liens. Be knowlegable about materials costs and how much it will take to fix it up. We just bought an investment property, spent 3 months fixing it up and are selling it for a $35,000 profit. Do your research first. It is worth the time and money so you don't end up with a money pit.
  • Pick where you want to live-- area. Talk to local realtors. Find the house, get details- even from owner -- and make offer.
  • Do you want to buy my house?
  • My husband and I are buying a home that is bank owned. We found it on ziprealty.com. It is a site that lists tons of houses in a way that was very user friendly to me and it is free to use. You can pick search options, like price, sq. ft. of home and or lot, style of home, etc. You can search exclusively for foreclosures, fixer uppers or new construction. There aren't any fees to sign up or to see pictures/get addresses. We are using one of Zip's Realtors for buying our house and she is the nicest agent I've ever met. Just be prepared to wait a LONG time if you do find a foreclosure you're interested in. Our realtor has been following through very well on her end, but the bank that owns the house we want is SLOW to respond. It's already been three months since we placed our bid. We've already been told they aren't accepting more bids and ours was the highest. It's just a waiting game for us at this point. Hope this helps and you find the right house soon!

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