Where Can I Find Foreclosure Listings For Free?


September 1, 2017 Facebook Twitter LinkedIn Google+ Online Auction


With real estate values slumping, investors and private homeowners alike are turning the epidemic of foreclosed homes into opportunities. Sadly – depending on what side of the fence you are on – one person’s misfortune is another’s potential goldmine. So, where can one find these undervalued hidden treasures?

The first and perhaps most obvious answer is your local realtor’s office. They will know which houses have recently been foreclosed and what their various situations are. Realtors will usually give you more information than any other resource, as it is their profession to sell homes and foreclosed homes are a big part of their work at the moment. They are typically very in tune with which properties are under stress in the area. Realtors will also be local and you won’t have to pay them anything unless you end up buying the property.

Underrated and overlooked, bank websites and databases prove to be excellent sources. Banks would love to unload houses with defaulted mortgages and their websites often reflect this by giving you impressive and up to date photos, addresses and contact information for a local agent. They can list hundreds of homes that are up for sale and it is free to peruse the foreclosures.

Private foreclosure service websites can be an excellent resource, but if you are going for free listings they may not be your best bet. There are a couple such websites that are free, but to access better information, more often than not there is a catch like a seven day subscription or a one time payment.

Finally, the government can be a great tool in finding foreclosed homes for free. Your county’s website will often have a list of foreclosed homes and sometimes even sales or weekly auctions. If you don’t want to visit your county office or website, check with the Department of Housing and Urban Development. Although houses they own are sold “as is”, look hard and you may find a rare gem.

By the way, by researching and comparing the different free foreclosure listing services in the market, you will be able to determine the one that meets your specific requirements, plus the free or cheaper options. This way you will save time through up to date foreclosure listings and money by getting better results over your investment.

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