Foreclosure in 63385>Question Details

Cheri, Home Buyer in Missouri

How do you go about getting a free list of foreclosure in a certain area?

Asked by Cheri, Missouri Fri Oct 24, 2008

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some banks only list their foreclosures on their own websites, but that is really rare. Most want the maximum exposure for their foreclosures so they can get them sold. As a result, they have a contract with a realtor and list them in the local MLS, which in turn feeds them to the local broker and agent websites and to Realtor.com. The problem you will have, is that most don't say "foreclosure" on them. They might say "bank owned" or "corp owned" or "Corporate owned", they may say "as is sale" - but there are other types of sales that will have those words as well. The only way you can tell, is if they specifically say it is a foreclosure in the remarks (which is rare) or the tax records (which you may be able to access on your local county website) indicate it is a foreclosure (but different tax records are updated at different times and different counties are better at keeping their records updated). If you check my website at http://www.YourSTLHome.com, I have a couple websites that are used by a number of banks as a clearing house for their foreclosure listings. Note that one has 2 sides - one side lists the HUD homes, the other side of the site lists the bank foreclosures. You have to register separately for each side of the website and set up separate search criteria for each side of the website.
Web Reference: http://www.yourstlhome.com
0 votes Thank Flag Link Thu Nov 20, 2008
If you are looking for homes located in the Palos Verdes area (southwest Los Angeles county along the coast about 13 miles due south of LA International Airport), you can go to my website http://www.homeispalosverdes.com and then click the link on the left hand side entitled "Palos Verdes Foreclosures". If you're interested in one of these properties and want to see other active listings and closed sales around a particular address, go back to my home page, then click on MLS Market Snapshot (the green link at the top of the page) and fill out the address and classify yourself as the "owner or seller" of that property. You will then get an interactive report showing the profiles of other active listings and closed sales around that property AND you will get supply/demand charts that help with your negotiation. I don't charge for this service like so many other websites do ... You get the addresses, and other details along with aerial maps of the "distressed" properties. Hope this helps and I hope I can earn your business! - George Fotion
0 votes Thank Flag Link Thu Nov 20, 2008
Cheri,
RealtyTrac.com offers a list of whats there but you have to pay to get the addresses. The easiest way to find out what's available is to search a site like ours or work with a foreclosure speacialist. We have two that work in our office that started St. Louis's first Foreclosure Bus Tour. They have one coming up in St. Charles. It's no pressure and entirely an educational event. They go around to a few properties and teach you what to look for and what to keep in mind when offering on a property.

If you want to get a no obligation, no spam, no phone call free list of available homes you can give us a ring and we'd be glad to set you up. Call our St. Charles office at 636 946 7273 below is the link to the bus tour sign up
0 votes Thank Flag Link Thu Nov 20, 2008
There are a number of sites listed on my website http://(www.YourSTLHome.com) that list foreclosures. For the most current list however, you really need to get with an agent and have them set you up to receive computer generated emails about the foreclosures as they come on the come on the market. Any of us can do that for you, but the one you select should have your loyalty - they should be the ones who send you information about the homes, show them to you, help you write the contract on them and guide you through the process (and it is a much different process then a regular home sale is). The agent you select should start by giving you a thorough counseling on how to buy a foreclosure home and how it differs, so you understand what you will be getting into - the costs and the lack of protection, as well as the potential gains
Web Reference: http://www.yourstlhome.com
0 votes Thank Flag Link Fri Oct 24, 2008
I am a Realtor (specializing as a Buyer's Agent) in this area and have helped many people purchase foreclosures in this area, the commission is always paid by the seller - in this case the bank. I would be happy to email you some foreclosure listings to look over and set up appointments for any that you would want to see. I can also give you referrals to loan officers and title companies and any other real estate services you may need. Feel free to check out my web site listed below and contact me through the email link at the top right corner of the first page. I look forward to assisting you. There are many terrific deals in this zip code.
Web Reference: http://www.TerryWillis.net
0 votes Thank Flag Link Fri Oct 24, 2008
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