Foreclosure in Reno>Question Details

Shari, Home Seller in California

How do I find foreclosures in Reno,Nv?

Asked by Shari, California Wed Feb 11, 2009

I'm looking for a small ranch in the Reno,Nv Area and want to find out where I can find all the foreclosures in the area.

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Your best bet would be to enlist the help of a Realtor. We have the ability the search the MLS for forclosures that meet your criteria. You may also be interested in taking advantage of one of the many forclosure auctions that will be happening over the next several months. Although finding a ranch in one of these auctions may be rare, you may get lucky and find exactly what you are looking for. if you are interested in more information about these acutions, I'd be more than happy to provide you it.
0 votes Thank Flag Link Mon Feb 16, 2009
the site below should be able to provide answers to alot of your questions.
0 votes Thank Flag Link Wed Feb 11, 2009
Cindi Hagley…, Real Estate Pro in San Ramon, CA
MVP'08
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Shari,

The best one to search (foreclosures, REOs) by area is http://www.hotpads.com as far as I have seen . This site is a 2.0 app. and you won't have to sign in etc. Don't pay to search on this or any others, it can be done for free these days.

The only problem is it doesn't seperate the short sales from bank owned although it mentions them respectively.

I have a foreclosure link on my site that will be out of beta midweek next week. Once done, it will have the particulars on bank owned only per area and current. Go to http://www.renohomevoices.com sometime next week and we should be out of beta and released to the public. It is pure 2.0 and requires no sign in.

Be ready to have a lot of patience buying both short and REO sales.

Ron Bell
Reno realtor selling reno homes
reno nv foreclosures, find reno nv foreclosures, reno nv. ranch, find reno foreclosures, reno nv. bank owned, reno nv. short sales
0 votes Thank Flag Link Wed Feb 11, 2009
The banks require either short sale properties (pre-foreclosure) or REO properties (foreclosed and bank owned) to be listed with a realtor. So, if you get onto our web site, or ask us to set up an automatic search for you, you can receive these listings as soon as they get posted onto multiple listing service.
0 votes Thank Flag Link Wed Feb 11, 2009
You can also use a local Realtor to represent you in your purchase that will guide you thru the process and make sure you know what your getting into and how to cover all your bases so you don't end up in a bad situation. I can set you up on an automatic email system that sends you NEW listings right when they hit the market and also it will send any price reductions on homes as well. Most of these foreclosures end being listed with a local Realtor anyway so having an agent that has access to our local MLS will benefit you greatly. Let me know if your interested in recieving my FREE list or if you have any other questions. Best of luck to you!!

Best Wishes,
Garrett Lepire
Realtor/Loan Officer
775-720-4712
Web Reference: http://NVHomesAndLoans.com
0 votes Thank Flag Link Wed Feb 11, 2009
Shari,
Here is a site to use. http://www.mortgagenewsdaily.com/wiki/REO_Database_List.asp
You can also ask your Realtor to put you on a REO drip system. The system will automatically send you new and updated listings fitting your criteria(i.e. REO, area, price range...).
0 votes Thank Flag Link Wed Feb 11, 2009
Your most reliable resource for foreclosure listings FREE accurate postings contact a Trulia agent or local realtor who can place you on an automatic email alert second a home is posted in MLS as a foreclosure within your specificaitons and lender approval amounts.

Other websites charge monthly fees and etc are usually outdated info. not accurate postings
Web Reference: http://www.lynn911.com
0 votes Thank Flag Link Wed Feb 11, 2009
Shari, You might want to take a little time and check out the Bank and Gov. property for sale sites.......
http://www.mortgagenewsdaily.com/wiki/REO_Database_List.asp

The site has links like these....http://www.countrywide.com/purchase/f_reo.asp
http://www.citimortgage.com/Mortgage/Oreo/SearchListing.do
and gov. sites......http://www.homesales.gov/homesales/mainAction.do

You might also want to keep an eye on the IRS properties for sale......http://www.ustreas.gov/auctions/irs/index.html

All Free If you have the time it's worth the look, Dunes
0 votes Thank Flag Link Wed Feb 11, 2009
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