Free Foreclosure Listings

David · Joined: 19 May 2004 Posts: 754 Location: Atlanta, GA

When I started trying to find foreclosures in my area, I hit a road block. Everybody wanted to charge me to see a list of foreclosures. I also could not find a free foreclosure listing online either. Has anyone been able to locate such a listing?

squirrel · Joined: 29 Jul 2004 Posts: 11 Location: Bucharest, Romania

Excuse my lack of knowledge, but exactly what is a foreclosure...?

David · Joined: 19 May 2004 Posts: 754 Location: Atlanta, GA

Foreclosure means the person paying the loan was not able to make the payments, and the bank is taking back the house. In such cases, often the bank does not want to waste time by leaving the house sitting and not making any money, so they will often sell the house for a low price.

chow · Posted: Fri Jan 28, 2005 12:43 pm Post subject:

Fannie, Freddie and HUD/VA all share listings with the general public.

http://www.mortgagecontent.net/reoSearchApplication/fanniemae/reoSearch.jsp

http://www.homesteps.com/

http://www.hud.gov/homes/index.cfm

http://www.vba.va.gov/ro/central/cleve/REO_sales.htm

Since these 4 GSE's seucre most Real Estate-I think you can find something useful on the sites I listed.

How's that for FREE?

David · Joined: 19 May 2004 Posts: 754 Location: Atlanta, GA

Thanks, my wife is going to love going through these. 8)

the cluckmeister · Joined: 27 Jan 2005 Posts: 30 Location: The Chicken Ranch

Hey Dave. Do you have a salsa message board too? Squirrel would love it.

David · Joined: 19 May 2004 Posts: 754 Location: Atlanta, GA

Actually, squirrel found out about this board, because she was involved in a salsa board. :wink:

the cluckmeister · Joined: 27 Jan 2005 Posts: 30 Location: The Chicken Ranch

David wrote: Actually, squirrel found out about this board, because she was involved in a salsa board. :wink:

What don't you have a message board for?

chow · Posted: Sun Jan 30, 2005 9:32 pm Post subject:

David wrote: Thanks, my wife is going to love going through these. 8)

You're welcome :lol:

Hope you find something! Remember to look at the listing on your MLS too! The older the listing-the more apt they are to accept less than 80% of market value. Don't let a little upgrade here and there scare you either. You can buy a home using the remodel loan we discussed the other day.

Jonathan · Joined: 20 May 2004 Posts: 22

the cluckmeister wrote: David wrote: Actually, squirrel found out about this board, because she was involved in a salsa board. :wink:

What don't you have a message board for?
:lol: ...here are the ones we have so far :arrow: http://www.forumplexus.com/

AMP LOAN · Joined: 10 Feb 2005 Posts: 21

Try going to you local Title Company and ask them for a NOD list (Notice Of Default). I have had a couple of friends that bought homes using that list and they got it 10-20% lower than the market because the owners were a little more desperate to sell. DO NOT try and take advantage as I think that is bad Karma but you could help someone get out of a bad situation and help save their credit a bit. Just a thought!

chow · Posted: Mon Jun 13, 2005 4:02 pm Post subject:

Anyone got an update on this list for people to look at? I'm in Indiana and have a few people looking at listings.

antisoma · Joined: 06 Jul 2006 Posts: 1

Here's a free foreclosure listing service
no registration and unlimited free searches

Link doesn't work so I just nuked it.

~Haplo

chow · Posted: Thu Jul 06, 2006 1:29 pm Post subject:

HUD's site includes what has been siezed by the Fed's too.

Although you may want to find out if any of them were ever a meth lab.

Those places tend to ooze iodine out of the walls......

Those homes when discovered need to be torn down, and all materials-even the dirt, hauld away. The chemicals even get into the footers of the structure!