There are a few dozen companies that charge you for public information.
Notice of Default. Who cares?
Notice of Trustee sale.
90%, more like 97% ( in AZ ) do not sell at auction, and go back to the bank.
Bank Owned REO property`s is what you want.
How do you get the list of Bank Owned REO`s.
You need to hire an experienced Realtor in your area.
Stay with me Nathan.
Anyone can track the Trustee sale, pick up any paper ,there they are. The big question is where did the home go after it went back to the bank.
The home will go to a listing agent, That listing agent may not list the home on the MLS, because they have a list of investors, Buyers who are looking to buy. Also they are not getting paid a full commission from the bank, so selling it them selves is understandable.
After about two weeks if they can`t sell it them selves they put it on the MLS.
Twice a day I check a list of address`s on the MLS.
For me in AZ I make as many contacts with Members of National REO Brokers Association, Inc. Tough club to get in to. especially now.
I let them know the buyers I have and what they are looking for. It would make sense that the good deals never make it to the MLS.
What is a good deal? Buyer are chasing Foreclosed property`s, because they think they are getting a good deal. When actually they could be getting a better deal with a Re sale property instead.
Remember Nathan, the banks have great Realtors, and Lawyers working for them.
Finding the property is actually the easy part, making sure you don`t get screwed, now that`s the hard part.
Buyer beware, there is no such thing as a free lunch. Hire an experienced Realtor.