I am an agent for Realty Trac in 93455.
There are other ways to get the information. I think Trulia and Zillow are putting some of the foreclosure info on their sites for free now. I haven't compared the accuracy though.
Realty Trac shows foreclosure activity not necessarily listings for sale. It is important to note that just because a home is in some stage of foreclosure does not mean that it is listed for sale or will be listed for sale at all or any time soon.
Sometimes the owners are negotiating a loan modification with the lender, or the homeowner will let the home go to foreclosure rather than list it as a short sale. We are also seeing the lenders sell to investors privately instead of listing as REOs. So, foreclosure activity doesn't guarantee that a property will become available nor does it give you a definite timeline on it becoming available as a listing.
If you want a list of homes available for sale now as listings on the MLS, it is best to contact a local real estate agent.
Hope this helps!
Foreclosures are sold in two way 1) At auction for cash 2) On the MLS where everyone can bid. Foreclosures get dozens of offers and ultimately sell for full market value...there are no deals here anymore.
Still, working with an agent off the MLS, you will find access to those foreclosures that were not purchased at the trustee sale.
Best of luck.
99.9% of buyers will want to buy the #2 way. And all REO's will be on the MLS, so any Realtor with MLS access can help you. Also, the REO's are drying up, there are less and less. Most of the distressed sales now are short sales.
I agree with previous responses to your question - get a local agent who has local sources of information and can help you evaluate properties and move quickly and efficiently with unsolicited offers.
Keep in mind that many owners who have received a Notice of Default will cure the default (bring their payments current) before the property goes into foreclosure. Sometimes it's like looking for a subatomic particle in a haystack.
I would just caution you if the property listings are from RealtyTrac, which is a company who advertises "foreclosure listings" on Trulia. RealtyTrac's primary objective is to separate you from your $$$ in exchange for providing information most any RealtorÂ® can provide you for FREE.
MLS Data Accuracy â€“ Where to search if youâ€™re â€œwithout RealtorÂ®â€
Here's a quick diagram explaining the process of actually getting to the status of an actual foreclosure (the property above is on the very first step and may never become a foreclosure):
As far as having the most up to date listing information for ACTIVE listings team with a local RealtorÂ® who can set you up with an automated search for what you can afford.