1. Buy them at the court house steps.
2. Buy them when they are listed on the market.
You will have some competition as these deals are being bought up quite rapidly from investors, hedge funds, and normal buyers.
If you are ready to take action - You can go online to http://www.NorthMetroHomeSearch.com/Foreclosures and see the latest listed homes with no email registration or sign up for the Daily Foreclosure Report which sends the listings directly to your email.
If you are searching for a seasoned Foreclosure agent
HUD registered agent
Better Homes and Gardens Real Estate Metro Brokers
Home Team Gwinnett
If you considering purchasing a foreclosure (also known as â€œREOâ€ properties), know that HUD, Fannie Mae, and Freddie Mac own the majority of the foreclosures in the U.S. If you would like to view the homes that are currently available through these entities ON A MAP, you can see the inventory here: http://www.huduser.org/REO/reo.html This website, called the REO Portal, contains all REO properties publicly marketed through Fannie Maeâ€™s HomePath.com, Freddie Macâ€™s HomeSteps.com and FHAâ€™s HudHomeStore.com websites and the data is updated on a weekly basis
It is important to know that the real estate professionals associated with these properties are â€œlisting agentsâ€ and are there to represent the seller. You should seek out the help of a â€œsellingâ€ or â€œbuyerâ€™sâ€ agent who can help you negotiate the terms of a purchase contract if you wish to place an offer on one of these homes. Know that if you want to place an offer on a HUD foreclosure you HAVE to have a â€œregisteredâ€ real estate professional submit the offer on your behalf.
Many of these homes would benefit from a Renovation Loan like the FHA 203(k) program. This mortgage program allows the buyer to purchase a home with FHA financing and then have the home renovated after closing. You can view more information on Renovation Loans here: http://www.renovationloanguy.com.
Best of luck to you during your home search!
7 Questions - 10 Minutes - http://hounddogrealestate.com/about-hound-dog/how-do-you-fin
It would be my pleasure to assist you by setting you up on the agent website so that you can receive listings as soon as they hit the market. Anna from Nassau, NY made a good point. It's always best to work with an agent as we can provide you with more accurate information on properties and help you in your home search/purchase.
Please feel free to call me at 770-617-3982 or email me at http://email@example.com.
Thank you for your time, and I hope you have a wonderful Thanksgiving.
Virtual Properties Realty
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Call me if you need help. 678-575-0656.