keith- vicky thanks for the OCWEN tips. I actually was able to email their REO department and get the information I needed. So emailing them is another useful tool to add to the bunch.
I would be happy to assist you, as I have a lot of experience with foreclosures and I live in one.
The foreclosure data bases vary on what that criteria if the property is not listed yet. They set default criteria if no list price, than last sold price or assessed value or judgement amount. I am really only aware about Realty Trac since I am a rep for them in may area.
Sometime you just have to wait or check on the data base who is the attorney who handled the foreclosure and contact them to see if you can get a contact. But you really should get a buyers agent to help you because Ocwen will not want to deal with a indiviual buyer (they are not structured to deal with indiviual buyers) they want a agent to follow through the process to ensure the deal closes if accepted.
First Weber Group
Certified Distressed Property Expert
YOU REALLY SHOULD BE WORKING WITH A BUYERS AGENT WHO CAN HELP YOU THROUGH THIS PROCESS. IT COSTS YOU NOTHING BECAUSE THE BUYERS AGENT GETS PAID FROM THE SELLER OF THE PROPERTY. THERE ARE WEBSITES THAT MAY POST PROPERTIES THAT MAY NOT BE AVAILABLE JUST SO YOU WILL INQUIRE ABOUT THEM. NOT ALL WEBSITES ARE UPDATED REGULARLY.
I AM A BUYERS AGENT. I LOVE TO WORK WITH BUYERS TO MAKE THEIR EXPERIENCE BUYING A HOUSE A EASY, RELAXING AND UNCOMPLICATED ISSUE. YOU SHOULD LEAVE THE RESEARCH WORK TO A PROFESSIONAL. IF YOU HAVE TIME I WOULD LOVE TO MEET WITH YOU AND GIVE YOU ALL THE INFORMATION NEEDED TO HELP YOUR PROCESS MOVE EASIER.
MCCOLLY REAL ESTATE
Broker Owner/Illinois Foreclosure Expert
Exit Platinum Realty
I think the foreclosure radar it is a great source for foreclosure information. The default amount is not the price the bank will be willing to take. They are looking for market value prices.