How to Find Foreclosure Auctions Early

June 1, 2017 Facebook Twitter LinkedIn Google+ Online Auction

If you’re looking for a new home, one of the best ways for you to obtain one at under market value is to find foreclosure auctions that are happening in your target area. It doesn’t matter if the home is for yourself and your family to move into or if you are interested in real estate investment, being able to find one of these auctions and to do so early is the key to being able to be successful in winning the auction. Here are the best ways for you to find them early.

It doesn’t matter what lending institution is involved with the foreclosure, any foreclosure proceedings that take place are going to be on the public record. This makes it possible for you to search in public records and to find these auctions before they take place. Regardless of whether they are listed in the local paper or if it is a matter of going to the courthouse in order to find the information, it will be available in advance.

Unfortunately, most of us do not have the time or the inclination to find foreclosure auctions by searching through public records in this way. It is a much better option for us to look on the Internet at one of the foreclosure search websites. Not only can we search all of the public records in a matter of seconds, we can also run repeated searches in order to find out when new foreclosure auctions are going to be taking place.

Another thing that is beneficial is to look for homes that are in a pre-foreclosure state. You may be able to obtain one of these homes at under market value before the foreclosure auction ever takes place. You would do this by contacting the homeowner and seeing if they would be willing to sell you the home before it goes through foreclosure proceedings. This can help them to maintain their credit and it can work much better than trying to find foreclosure auctions and purchasing real estate in that way.

Joseph B. Smith has been educating buyers on the finer points of Foreclosure Auctions at for over five years.