| Unlike real estate listing web sites, which listings are | | | | Finding Quality Foreclosure Listings |
| offered free on a number of real estate listing sites, | | | | As a real estate investor, you can find foreclosure list |
| foreclosure listings are generally sold to the first-time | | | | for free or at a price. Although both will provide you |
| home buyer or real estate investor. The question is | | | | with information on available house, the difference |
| why do sites charge for foreclosure listing information? | | | | between the two is of significant importance. A free |
| Locating Foreclosure Properties Starts with the Default | | | | listing service will only give you scanty information |
| Process | | | | about which homes are going for foreclosure but a |
| Understanding the foreclosure default process and | | | | paid service will give you much detailed information |
| how the information is generated provides a clue as to | | | | needed to proceed with the sale or investment of the |
| where the data is derived from. Since a foreclosure | | | | property. Therefore, in evaluating foreclosure-listing |
| signifies the start of a legal process, notification (Notice | | | | services, the quality of the listing or "freshness" is |
| of default) must be made and recorded publicly therein | | | | important. Since most foreclosure listing sites offer a |
| lies how the listing is created. Foreclosure listings are | | | | free trial period, take advantage to determine if the |
| public information and generally available at the local | | | | quality of data and services meet your needs. |
| recorders' office. Finding foreclosure properties can be | | | | Summary |
| done by visiting the local recorder's office and making | | | | Like with any product, an extensive search for and |
| photocopies, since listings are added on a daily basis, | | | | comparison for available foreclosure list will give you |
| this can be daunting. | | | | the best price and value for money. If you are buying |
| Using the internet, a number of web sites allow | | | | foreclosure, it is advisable to rely on reputable |
| searches by state, county, city, and zipcode. All the | | | | companies only for foreclosure listings. Try to read |
| sites listed below offer listings for a fee. Take | | | | from companies who have been in the business of |
| advantage of the free trial period offered evaluate | | | | foreclosure listings and who offer a trial period. Try a |
| their listings. The sites should offer the latest listings | | | | number of foreclosure listings sites and evaluate which |
| with daily/monthly updates. | | | | offers the best most current listings. |