| If you ever see an ad in your newspaper's classifieds | | | | The less "good" deals are left over...for you. So |
| section that promises a free list of bank foreclosures, | | | | hopefully you are starting to see that you ought to |
| just ignore it for now. | | | | forget the myth of the magic list of bank foreclosures |
| Normally, they are simply used as lead generators by | | | | that's sitting around for all to see. |
| local real estate agents. They will call you back and | | | | Your best bet is to find out about foreclosures right |
| just talk to you about your needs. Of course, they will | | | | when they come available. In some cases, those are |
| also help you to understand the complexities of trying | | | | sold by auction, depending on where you live. And in |
| to pick up a foreclosure and explain it will just be easier | | | | other areas, there are still auctions, but they're done |
| to find a general fixer upper somewhere. | | | | directly with the bank, not on a doorstep of a house. |
| Yes, foreclosures are more and more plentiful these | | | | Get on the lists of banks in your area as a person |
| days, but there really isn't any magic list of | | | | interested in bidding on foreclosures. |
| foreclosures just sitting around. The best deals are | | | | And if you're a real go-getter, you can start going after |
| picked up by the savvy investors really quickly, and the | | | | "pre-foreclosures", which is another more profitable |
| better ones that are left over are sometimes picked | | | | strategy than looking for some imaginary free list of |
| up by other real estate agents. | | | | bank foreclosures. |