Searching the county records for lis pendens. Lis Pendens means " pending notice of legal action" is filed after 3 or more mortgage payments have not been paid.
Read the legal sections of the newspapers. IT will tell you what properties are heading to the county courthouse, gives you sale dates, lien amounts, etc
Drive around the area your interested in, look for signs of abandoned or empty properties and search them out.
Get on your local MLS ( Multiple listing service) and see what bank owned properties are for sale.
I would not subscribe to any foreclosure internet sites. From my experience i feel it's just been a waste of money.Foreclosure information is usually general knowledge available to the public and it doesn't cost you a thing
SAVe your money!
Here are some other government and private lender links that might help you out in your research
USDA property for sale
Real Estate for Sale by US Government Site #1
Site #2 http://www.homesales.gov/homesales/mainAction.do
IRS: Real & Personal Property Sales: http://www.ustreas.gov/auctions/irs/
Acquiring a VA guaranteed home foreclosed by states: http://www.ocwen.com/reo/residential/res_reofindbystate.cfm?
Homes and properties being sold by the different departments in US Government:
USDA Properties for sale all states
GSA Government Auctions on personal property
GSA Government Auctions on a State by State basis (personal Property)
FORECLOSED PROPERTIES BY PRIVATE LENDERS
Chase Bank foreclosures
Country Wide foreclosures
Bank of America foreclosures
Regions Bank foreclosures