In Grand Rapids, Michigan they are all listed on the local MLS...............as I am guessing they are in your area in Michigan too. Banks (Reo's) will all list with a realtor, who then list them on the local MLS site. However some MLS's may not refer to them as Bank Owned on the site, therefore you will not know if they are banked owned or not..............some key words to look for is "sold as is" or "specail conditions apply". However it is very easy for a realtor to send you daily listings...........if you are working with one, ask them to send you listings in your price range................I send out many every day. Here is the link to the HUD site http://www.mcbreo.com. Good luck in your search.

Hi Dawn,

We're located in CT and there is a local newspaper in our area that prints real estate transactions and financial records. Financial records include IRS liens, lis pendens, bankruptcy, foreclosures, etc. It is a very useful source of information. Is there something like this in your area?

Bob & Richelle Ward
Prudential Connecticut Realty
rward@prudentialct.com

Dawn,

The process banks follow with their "foreclosures" is they enter into an agreement with a realtor that lists, advertises, and sells these properties. There are companies that will sell you access to lists for a fee.

Our recommendationis to be in touch with a local real estate professional that has access to information on "foreclosed" homes. They will be able to provide you with the information you are seeking an no charge to you.

Good luck