Foreclosure in 28806>Question Details

A, Other/Just Looking in

where do i find forecolsures in my area?

Asked by A, Sun May 18, 2008

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11
Hi there, I have added foreclosures to my site at http://www.MyMountainDeals.com - this is if you are in the WNC area
0 votes Thank Flag Link Mon Mar 9, 2009
As a real estate investor, I am always searching for deals as well. Right now, you might have better luck looking for "Short Sales" or "Bank Owned". Banks are very willing to negotiate right now, so that would be my target. My other advice, if you intend to get a mortgage for the purchase, get prequalified first. If you need help finding the right deal for yourself or for an investment, I could help.
0 votes Thank Flag Link Mon Feb 23, 2009
HI!! Contact a local agent, REO departments, clerks office, check the newspapers, etc, for short sale information.

Suzanne Whealan
http://www.propertiesseller.com
0 votes Thank Flag Link Fri Jan 2, 2009
Hi there, this has become such a popular topic that I have developed a site to help people avoid foreclosure, and at the same time offer motivated sellers and foreclosure properties to investors free. Click on the link to see them
0 votes Thank Flag Link Fri Dec 26, 2008
I've done my research and have found so many companies that make you pay large fees. You should check out elivemortgage.com and they have all the lists of banks and agencies for free, you dont even have to register. Hope this helps
0 votes Thank Flag Link Fri Dec 5, 2008
Hi A - as foreclosures have become more common, you can now find them at http://www.MyMountainDeals.com
0 votes Thank Flag Link Fri Dec 5, 2008
A,
I know a few good agents in Asheville. You could look at the HUD.gov website for HUD homes. There are some other government sites. To search for all I would recommend getting a local realtor that can look in the MLS and find you what you are looking for. If you go to the site below it will direct you to a HUD web page that will give you a choice of federal departments you can search thru their homes. I did not see anything for Asheville or any of the surrounding areas ie; Skyland, Arden, etc. under HUD or VA. So you can search the other sites IRS and such but, your best bet is still to get a local realtor.

Hope this helps

Larry Story
Coldwell Banker Triad
0 votes Thank Flag Link Sun May 18, 2008
If you are in Texas or New Mexico, then you could go to southwestalliance.com. There you will find the means to search all of both states by city or county.
0 votes Thank Flag Link Sun May 18, 2008
A,

Google "foreclosure listing service" for your area. Nearly every major city has one or more of these services. They are basically just taking the information available at the county recorder's office, and other sources, and providing it to you in an easily readable format. Nearly every state requires that a foreclosure be prefaced by a "lis pendens", or notice of default. These must typically be filed at the county court house in the county where the property is located. Listing services cull the county recorders for new notices and dates, and then post that information for you to access.

Now, this doesn't speak to the process of buying foreclosures, which is a different question. Since most people who say they are interested in foreclosures are really saying they want to find a property at what seems to be a signficant discount to market value, you should also investigate pre-foreclosures, short sales and distressed properties. Sadly, many foreclosure properties are now distressed, either due to poor maintenance on the part of the home owner, or outright destruction.

Either way, these can be a good source for discounted properties.

Also, check out the following 2 links, one for short sales, and one for foreclosures, on about.com:

http://homebuying.about.com/od/shortsale/Short_Sale.htm
http://homebuying.about.com/od/foreclosures/Buying_Foreclosu…

Good luck,

Jeffrey
0 votes Thank Flag Link Sun May 18, 2008
Hello,
There are companys that sell list, I would avoid those. You can use a buyer's agent in your area, which is almost always no cost to you and you can search http://www.hmbireo.com for HUD homes, but you must use an agent to submit an offer, again in most cases no charge to you. I would recomend finding an agent you are comfortable with and let them do most of the legwork for you.
Web Reference: http://www.colvinm.hpw.com
0 votes Thank Flag Link Sun May 18, 2008
Hi A,
I might be able to have some info for you. What area are you in?

Sonja Babic
252-617-0861
Web Reference: http://www.SonjaBabic.com
0 votes Thank Flag Link Sun May 18, 2008
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