What is the best site to find pre-foreclosures?

Asked by Rick Moore, Kirkland, WA Wed Nov 28, 2007

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Emily Erekuff, Home Owner, Menifee, CA
Wed Nov 28, 2007
BEST ANSWER
Hi Rick,

You can use Trulia to find homes in pre-foreclosure. Just access the link below and type in the area of your interest. Once your search results load on the next page you can use our filters on the left side of the page to refine the list so that it includes only foreclosure listings and on the listing detail page you'll see a status to indicate if the home is in pre-foreclosure.

Best Wishes,

Emily Gibson
Customer Service Representative
Web Reference:  http://www.trulia.com/
1 vote
Perry Hender…, Agent, Austin, TX
Wed Nov 28, 2007
Foreclosure reality check.... Seasoned investors who buy foreclosures know the REO manager at the bank and get "off market" deals. They never have to bid or find a place to learn what's available.

FOR ALL OTHERS: The only "sellers market" in america is the foreclosure market. Don't expect any deals from a foreclosure as the bidding process brings 20-30 people to bid on almost every deal. A deal that was already priced at market.

It's easier to get a deal by going to a realtor, asking them to find the oldest property on the market and start dropping discounted offers. In addition, you won't have to wait 30-60 days to hear an answer.
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