Home Buying in Georgetown>Question Details

Kelley, Both Buyer and Seller in Massachusetts

how do you find foreclosures without signing up with listings such as realty trac?

Asked by Kelley, Massachusetts Fri Jan 2, 2009

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5
Kelly, A couple places you can get started are here...

Search local public records..
http://publicrecords.onlinesearches.com/

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

Reo links
http://www.mortgagenewsdaily.com/wiki/REO_Database_List.asp

There are other ways and I'm sure others will share with you, but this should help you get started, Dunes
1 vote Thank Flag Link Fri Jan 2, 2009
If you are looking specifically for foreclosures in the Austin area, check out the site below. My office has a dedicated team that goes to auction every month.
0 votes Thank Flag Link Sat Jan 3, 2009
Kelley:

Check the blog link below - it may be helpful to you in locating foreclosures other than through RealtyTrac.

http://www.trulia.com/blog/carl_medford/2008/12/when_is_the_…

Currently, most banks are putting their REOs (Real Estate Owner foreclosures) on the local MLS - they've found it's the best way to get them sold. If properties don't sell in a timely fashion, then they go to auction. If you want to get access to foreclosed homes before they go to the MLS, you need to start investigating the auctions on the courthouse steps. And a warning – it IS NOT a non-investor friendly environment.
Web Reference: http://www.carlmedford.com
0 votes Thank Flag Link Fri Jan 2, 2009
Hi, Kelley.

Have you tried http://www.bidselect.com? It's a free site. It's not 100% comprehensive, but it's a good place to start.

If you have any questions about the site or how to bid on the HUD homes listed, feel free to contract my buyer's specialist, Gina, at gnyland@austin.rr.com. She has years of experience working with buyers in obtaining foreclosures.

Good luck.
Jeffrey Nyland
Team Leader
The Nyland Team
512-626-8552
http://www.NylandTeam.com
0 votes Thank Flag Link Fri Jan 2, 2009
The foreclosures posted on Realty Trac are not necessarily actual listings. Realty Trac pulls foreclosure notices from public records & posts them hoping you will register & pay. This info is available for free. I suggest you contact a local agent who can get the latest & most accurate info for you at no cost.
0 votes Thank Flag Link Fri Jan 2, 2009
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