How Do You Search For Foreclosed Properties?
During times of economic hardship, foreclosed properties increase in numbers. Experienced and novice real estate investors recognize foreclosed properties as a way to buy properties at a fraction of the value. Seasoned investors know how to search for foreclosed properties and find some good deals. Certain organizations offer to supply a list of properties for a fee. Government agencies, banks and real estate companies offer the information to locate foreclosed properties to anyone for free. Ask your local real estate agent for a list of foreclosed properties in the area. The Veteran’s Administration, the Department of Housing and Urban Development, Fannie Mae and other agencies require you use a real estate agent to bid on or purchase the listed properties. Access the gohoming.com website to search for real estate owned (REO) properties. These are foreclosed properties owned by banks and other financial institutions available for purchase through a bidding process. You can search for
