http://www.trulia.com/voices/Home_Buying/I_see_listings_for_Realty_Trac_on_foreclosed_prop-38134Or can my realtor also get access to these foreclosured properties?en-ushttp://www.trulia.com/voices/profile/Real_Estate_Pro-Saint_Louis_MO-39841/http://www.trulia.com/voices/profile/Real_Estate_Pro-Saint_Louis_MO-39841/Your realtor can get access to all listings that are in the MLS system and to many of the other systems depending on which internet sites your realtor is registered on. You need to talk to your realtor and ask which ones they routinely use and which ones they have access to (many agents have access to far more than they ever access or even realize that they have the ability to access, since they don't have time to spend on the internet researching websites all day long. Plus please keep in mind that some websites, don't easily allow them to send you information from those websites.Tue, 27 May 2008 19:56:50 -0700http://www.trulia.com/voices/profile/Real_Estate_Pro-64068-235288/http://www.trulia.com/voices/profile/Real_Estate_Pro-64068-235288/Some of the homes on that website are in pre-foreclosure, some are in foreclosure, and some are already on the market. The foreclosure process takes anywhere from 3-6 months, depending on the bank. That time starts after they get the owners to move out, and can start the foreclosure through the legal system. If the home is owned by a local bank, then the home will go to the courthouse steps. There the bank will offer whatever is owed on the property. If there is no one there to bid against them, then they take the home and put it on the market with a realtor, trying to re-coup their money. If there is a buyer there at the courthouse, the buyer will need to have cash ready and would be able to offer even $1 more and get the home. I have seen some homes go for $200,000 under the original asking price, and others that go back to the bank due to asking well over appraised value. I hope that I was able to answer your questions. I have worked with clients that have purchased homes on the courthouse steps, and I am very resourceful about finding out lots of information on the homes. Let me know if I can help you through this process. Thanks! Kelli 816-718-6863Tue, 27 May 2008 14:40:53 -0700