I have friends that used RealtyTrac years ago so they may have improved, but they ALL were truly disappointed with their services. Big promises, "easy", etc turned out to be more marketing less action.
Also, if you are looking at buying a foreclosure, look into financing first! If buying via court steps (where they are typically sold) many Counties require cash only. Also, know you are going up against people that do this as their full time job, work for corporations etc. It sounds great - but go to a few and see what it is like first.
Attorney, attorney, attorney! Is that all anyone can recommend? You're doing exactly what you should be doing. Keep doing it. Keep asking as many questions as you can on every open forum you can log onto. Information is knowledge and knowledge is free on the I as long as you keep fishing.
Once you've educated yourself to the point where you can have an eyeball to eyeball intellectual conversation with an attorney without feeling intimidated you're ready to move to the next level. Don't go hiring an attorney until you've done some homework first. It's money in your pocket and your attorney will only respect your knowledge vs. taking advantage of your naivete.... more
What ever is left after the first is satisfied is then put to the second, if it is not enough to erase the debt, then they will continue to hound you for the difference, adding more marks to your credit rating!... more
Edward advice to you is to continue to pay the rent. I know of a case where the Tenant found out that his landlord was in pre foreclosure and they stop paying thier rent. the landlord took them to court and landlord won. You can call your local agent and ask them to pull a profife on property to see if there is a pre foreclosure recorded. Sometimes you lease turns into a month to month..talk with you Landlord heart to heart. Good Luck... more