Foreclosure in Wildwood>Question Details

Josie, Home Buyer in Philadelphia, PA

Where can I find forclosure/auction lists in wildwood nj without paying a fee? Are there any free sites?

Asked by Josie, Philadelphia, PA Thu Sep 6, 2007

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Josie....

Here are a couple of sites that can assit you in locating foreclosure: http://www.njpforeclosures.com/ and http://www.foreclosurefreesearch.com/state?state=NJ
3 votes Thank Flag Link Thu Sep 6, 2007
Pam Winterba…, Real Estate Pro in San Ramon, CA
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The real trick is that many properties don't make any foreclosure list. The seller signs over what is called a Deed in lieu of foreclosure. Many top heavy loans where the buyer financed 95% or more are common with that action. What I do is keep my eyes open for tell tale signs of a bank REO in the MLS. there are well known listing agents and companies that handle them. Another sign is one picture in the MLS with a very bad description and no details. What we are starting to see is listing prices well below market to generate a bidding war. Yes a bidding war, I have seen and been in one nce a week for the last 2 months. The banks are doing what they need to do to get rid of the inventory.

Good Luck

David Green RE/MAX of the Wildwoods
0 votes Thank Flag Link Thu Jan 3, 2008
Use the drill down on the map on the front page of http://getprequalified.com. You can get a list from landsafe....
0 votes Thank Flag Link Wed Dec 12, 2007
Here are the sheriff's sales. My best advise: wait a year, things are going to drop significantly next summer.
0 votes Thank Flag Link Sun Dec 9, 2007
I have an good agent that I can refer you to in Wildwood. I don't know how much she does with foreclosures, but I do think there are a lot of good buying opptys now. Sellers who are current on their mortgages can have a motivation to sell that transcends into a deal for the buyer. Let me know if I can help.

Deborah Madey - Broker
Peninsula Realty Group, Inc.
New Jersey
808 973-5855
Deborah@PeninsulaFirst.com
0 votes Thank Flag Link Fri Sep 7, 2007
Deborah Madey, Real Estate Pro in Red Bank, NJ
MVP'08
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I have some free resources on my website listed below. There's really a couple of ways to buy foreclosures though. One is at auction. If you buy at the courthouse steps you need to be able to pay cash for the house. Be forewarned that nice liveable properties rarely go for cheap. If you need to use financing to purchase the house then it is likely better to go through a Realtor and buy them after they've gone through this process. Your Realtor can help supply you with foreclosure listings from the MLS system including HUD homes and others.
Web Reference: http://www.teamlynn.com
0 votes Thank Flag Link Fri Sep 7, 2007
Bruce Lynn, Real Estate Pro in Coppell, TX
MVP'08
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Have tou tried the site below? Good luck!
0 votes Thank Flag Link Thu Sep 6, 2007
Cindi Hagley, Real Estate Pro in Pleasanton, CA
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Josie,
You don't have to pay a fee if you hire a great Realtor who knows Foreclosures.
Remember Buyer Beware.
0 votes Thank Flag Link Thu Sep 6, 2007
Mr.P, Other/Just Looking in Arizona
MVP'08
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