If you are looking for properties that are in the foreclosure process and are being offered for "short sale" or for properties that have already been bought back by the bank, please visit my website http://FloridaMoves.com/Louise.Warring and click on "Bank Owned/Foreclosures". This will give you all of the homes that are being offered for sale through the MLS for whatever zip code you input.
Hope this helps.
Happy House Hunting!
Coldwell Banker Residential Real Estate
As for the properties that are on Realty Trac, you can either purchase them from the current owners before the home goes to foreclosure. Or if you would like you can bid on the property at the foreclosure auction (cash only). And if that doesn't work, you can purchase them directly from the bank that will own the property after the foreclosure.
An agent can help you pre-foreclosure and once it's owned by the bank. Caveat Emptor
Lynn911 Dallas Realtor & Consultant, Loan Officer, Credit Repair Advisor
The Michael Group - Dallas Business Journal Top Ranked Realtors
I agree with the previous post by Myke, You should be consulting with a Realtor you can trust to guide you through this process. Realtytrac only posts what is out there and we only see few of those! There are more Bank owned properties than are currently listed for sale. There will be more hitting the market. Florida has more than California,the tip of the iceberg is all we are seeing now.