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How do you legitimately find listings of foreclosures and how do you buy them?

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just_a_hick asked:


all the websites seem pretty sketchy so how do you really find out how and where to buy foreclosed homes?
In Maryland if that matters?????

Tags: Buy Homes, Foreclosed Homes, Foreclosures


December 25th, 2008 |

Tags: Buy Homes, Foreclosed Homes, Foreclosures


3 Responses to “How do you legitimately find listings of foreclosures and how do you buy them?”

  1. steve m
    December 27th, 2008 at 3:56 pm

    sshould not matter. look in the classified,they have to be ran by the closing attorney. call some real estate agent and tell them you only want to look at foreclosures in a x amount $ range. ok i am not giving away my best secret to everybody, you can email me if you want the answer since you are not in my state.


  2. I_Love_McRedneck
    December 27th, 2008 at 8:42 pm

    You can call any realtor and ask them to e-mail you foreclosures, short sales and HUD homes in your area meeting your criteria. It’s perfectly free for you, and a realtor can tell you what’s a good deal versus what’s not. Not all foreclosures are the *steals* we think they are - so since the services of a realtor are free to you, why not use them for their expertise.
    A lot of foreclosures are by auction so you could really use the advice of a realtor. Others allow you to put in an offer just like any other house, except the bank may not respond if you low ball the offer. They may wait several months for a better offer.
    Be prepared to make offers on multiple houses before getting one, so don’t get too attached.


  3. John Rosa
    December 29th, 2008 at 11:23 am

    There’s two kinds of foreclosures and the listings for both are free. There’s bank foreclosures and govt foreclosures. A book called Complete Guide to Real Estate Tax Liens and Foreclosure Deeds: Learn in 7 Days [ISBN 0978834682] by Don Sausa has web sites and resources on where to find them. In most occassions you can look at the county listings for the govt foreclosures and bank foreclosures are found on their web sites or you call them and ask if they have a list. But if you want a quicker way, get the book.


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