If you need help setting it up, just let me know.
I would definatly contact a realtor though. It can be a complicated process.
homes that are already foreclosed are listed by realtors. You can also go to HOMEPATH and and see the FannieMae foreclosures that are on the market, but even with those you will need to work with a realtor.
Shortsales or homes that may be going into foreclosure aren't worth chasing. the banks seem to take forever to accept an offer. If you find one, be prepared to wait months. Unless my buyers are in no rush, I advise them not to waste time. Even buyers that do have time often give up. We just had a buyer walk away after a 3 month wait - the bank still hadn't gotten an appraisal done.
Auctions are listed in the paper in the notice section. many of them don't have an opportunity to view the property, although Keenan Auction and Tranzon both do a good job of advertising and offering views of properties coming up for auction. go to their websites and sign up for notices. Be aware that the bank may have a reserve on the property, so even if it does go up for auction, it doesn't mean it will be sold.
Being a Buyer, a Buyer's Agent is free to you; paid by the Seller.
You get free representation, free info about foreclosures, free protection and free advice.
Where can you get a deal like that?
Bank owned homes are listed on local MLS systems and they show up here and on zillow. One's about to be foreclosed have to be listed in the newspapers.