Home Buying in 98107>Question Details

Aimee, Both Buyer and Seller in Seattle, WA

is there a way around reality trac in king county, WA?

Asked by Aimee, Seattle, WA Fri Feb 20, 2009

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Answers

6
Aimee, You may like to make use of this site........http://www.mortgagenewsdaily.com/wiki/REO_Database_List.asp

The banks maintain databases of the properties for sale (REO) that they have listed. These databases contain, the asking price, address, property description. sometime photos, and who they listed the property with. Many of the Banks make these databases available to the public. (FREE) and the site above provides the links to those sites. It also provides links to the Gov. property for sale sites.
Examples........
http://bankofamerica.reo.com/search/

http://www.hud.gov/homes/index.cfm

Good luck, Dunes
2 votes Thank Flag Link Fri Feb 20, 2009
Aimee

I imagine the reason you're citing RealtyTrac is that you want good information on pre-foreclosures that is all in one place, searchable by a variety of parameters, and linked to market trends to help with decision making. If you're diligent, you can utilize this information, along with the services of a good agent, and maybe save $50,000 - $100,000 or more. "Going around" RealtyTrac is a strategy that will save you maybe $300 over a course of a year and throw you into the marketplace with everyone else who has incomplete information on these kind of properties. So you need to ask yourself, Aimee, am I a real buyer? Or, do you just enjoy the attention and chatter a question like this creates on Trulia.
1 vote Thank Flag Link Sat Feb 21, 2009
The quick way around it - email an agent every time you have a question - it's free. Feel free to email me when you need the info.

Sam DeBord
Seattle Real Estate
0 votes Thank Flag Link Tue Feb 24, 2009
Aimee,

All these answers are great resources, but there is another. You can always contact your Title company as well for a forclosure list.
0 votes Thank Flag Link Fri Feb 20, 2009
AImee,
I also know that a Realtor like myself could help you identify short-sales as well as REOs. Estate sales are good options too.
Steve
0 votes Thank Flag Link Fri Feb 20, 2009
Thumbs up to Dunes. Mortgage News is an excellent site to get the info you are looking for.

Good luck!
0 votes Thank Flag Link Fri Feb 20, 2009
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