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Any free foreclosure/short sale websites out there?

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CouponKT
Our family is complete

Member since 6/06

16494 total posts

Name:
K

Any free foreclosure/short sale websites out there?

I am addicted to ListingBook and MLSLI, but I need something with possible foreclosure listings. Thanks!

Message edited 5/6/2010 3:37:58 PM.

Posted 5/6/10 3:37 PM
 
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HeatherRose
Life is Good :)

Member since 11/07

6605 total posts

Name:

Re: Any free foreclosure/short sale websites out there?

foreclosure.com i think is free or mostly free

if your working with an agent you should let them know to watch for these types or properties

Posted 5/6/10 4:27 PM
 

Beth
The Key to your new home....

Member since 2/06

24849 total posts

Name:
Beth

Re: Any free foreclosure/short sale websites out there?

other then MLSLI there is no real list

anyone that wants to sell you one is a scammer

I had an investor send me all these houses he found on one of these sites

and half of them were not foreclosures

and the rest were on MLS

any real estate agent should be able to send you the listings

keep in mind just b/c you see a boarded up house- doesn't mean it's listed yet- but any real estate agent with half a brain should be able to figure it out for you

FM me if you have any more questions

Posted 5/6/10 9:08 PM
 

Beth Lowe at Coach Realtors
LIFamilies Business

Member since 4/10

281 total posts

Name:
Beth- Coach Realtors

Re: Any free foreclosure/short sale websites out there?

I would agree with Beth. The main site out their is RT(I hate mentioning their name). They never update their site and their information is way off and old.
Find a Realtor you trust and deal with him/her. Most SS and FCL are for investors, which means sold as is and for cash. If you are an investor, welcome to heaven.

Arthur

Posted 5/6/10 9:20 PM
 

Beth
The Key to your new home....

Member since 2/06

24849 total posts

Name:
Beth

Re: Any free foreclosure/short sale websites out there?

you don't have to just have cash to buy foreclosures

In my experince there are some that are priced for investors and needs tons of work- they go quick and for cash- mutliple offers with in 2 days

(I put in a full price cash offer on something yesterday and got asked for my highest and best Chat Icon b/c they have multiple offers on this shack)

and then there are others that are priced for owner occupants

some banks give owner occupants the first 10 days to bid

the most important thing to know is the type of loan you need to by a foreclosure- you are not buying one with a regular mortgage

you need a 203K or 203B - only a realtor who specializes in foreclosures will truley be able to sell you one and close on it

Posted 5/6/10 9:26 PM
 
 

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