Profile picture for meetfasahat

HOw can i find the force closure homes available in the market?

Hi,  Any tips how can i find the bank own homes available in my area? any particular website?
  • November 13 2013 - Royal Oak
  • 0
    0Yes

  • Report a Problem

    Please enter a valid email address.

    Content flagged

    We will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.

    We're sorry. This service is temporarily unavailable. Please come back later and try again.

Be a Good Neighbor. Be respectful and on-topic. No spam or self-promotion! See our Good Neighbor Policy.

 
 

Answers (11)

There are some websites that you can go to and surf on your own.  
Homepath.com = Fannie Mae
HUDhomestore.com = HUD homes
Homesteps.com = Freddie Mac

A Realtor will have access to the Multiple Listing Service and will be able to search across databanks.  And, some Realtor websites will give you access to the MLS.  

The time it takes for a bid to be accepted --> closed can take a long time, so if you are in a rush, it might not be your best option.  The best thing to do is talk to a realtor about what you're hoping to find (price, fixer upper, etc.) and let them do the legwork for you.  It's our job to help.
  • November 20 2013
  • 0Yes

  • Report a Problem

    Please enter a valid email address.

    Content flagged

    We will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.

    We're sorry. This service is temporarily unavailable. Please come back later and try again.

Contact local banks for a list of 'bank owned properties' or a local realtor. Realtors have access to Multiple Listing Systems.
  • November 17 2013
  • 0Yes

  • Report a Problem

    Please enter a valid email address.

    Content flagged

    We will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.

    We're sorry. This service is temporarily unavailable. Please come back later and try again.

Profile picture for Mike Bottaro
Contact your local Realtor who has access to the full MLS.
  • November 13 2013
  • 0Yes

  • Report a Problem

    Please enter a valid email address.

    Content flagged

    We will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.

    We're sorry. This service is temporarily unavailable. Please come back later and try again.

Profile picture for Clara Chen
There are many foreclosure houses on the market.
Try http://www.realtytrac.com/
Good luck!
  • November 13 2013
  • 0Yes

  • Report a Problem

    Please enter a valid email address.

    Content flagged

    We will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.

    We're sorry. This service is temporarily unavailable. Please come back later and try again.

Hello There are many Foreclosures out there right now and I'm showing them almost daily. If your interested in seeing some of the local listed Foreclosures feel free to contact me and I'll be glad to set you up. Good luck with your search.
  • November 13 2013
  • 0Yes

  • Report a Problem

    Please enter a valid email address.

    Content flagged

    We will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.

    We're sorry. This service is temporarily unavailable. Please come back later and try again.

Profile picture for TedsHouse
If you're a glutton for punishment go here and spend a few weeks looking

http://portal.hud.gov/hudportal/HUD?src=/topics/homes_for_sale

www.hud.gov if the link doesn't load, and view Topic Areas.

Or, the easy way is to contact a local Realtor and have them run the foreclosures in your area in the local Multiple Listing System (MLS). Contact some on this link if you want a referral to someone near you. If you try to find an agent by yourself make sure they know about foreclosures and can educate you on the details necessary to buy one. Use a real estate attorney from the beginning to review the contract, special addendums, deed, etcetera. Be prepared to do LOTS of work! Good luck!
  • November 13 2013
  • 1Yes

  • Report a Problem

    Please enter a valid email address.

    Content flagged

    We will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.

    We're sorry. This service is temporarily unavailable. Please come back later and try again.

Talk to your REALTOR. He/she has access to ALL foreclosure properties, as they are ALL listed in the MLS.  DO NOT USE REALTYTRAC. 
  • November 13 2013
  • 0Yes

  • Report a Problem

    Please enter a valid email address.

    Content flagged

    We will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.

    We're sorry. This service is temporarily unavailable. Please come back later and try again.

Try http://www.realtytrac.com/ I deal with a buyer that uses this service quite often in New York.
  • November 13 2013
  • 0Yes

  • Report a Problem

    Please enter a valid email address.

    Content flagged

    We will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.

    We're sorry. This service is temporarily unavailable. Please come back later and try again.

Profile picture for Lori Penney
There are multiple sites that have foreclosed homes listed on it.  What part of the country are you looking in?  If it is in the Boston Area, I would be more than happy to send you some information and websites that you would find helpful. 
  • November 13 2013
  • 0Yes

  • Report a Problem

    Please enter a valid email address.

    Content flagged

    We will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.

    We're sorry. This service is temporarily unavailable. Please come back later and try again.

Good Afternoon!

All foreclosure properties are listed through a real estate office.  You can contact a realtor in the area or you can go to the individual websites such as: Hudhomestore.com, homepath.com,homesteps.com for the HUD, Fannie Man and Freddie Mac sites.  Other bank owned properties will not be on these sites but an agent would be able to send you a list of foreclosures.

If you need a buyers agent I would be happy to help.

Good Luck!
  • November 13 2013
  • 0Yes

  • Report a Problem

    Please enter a valid email address.

    Content flagged

    We will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.

    We're sorry. This service is temporarily unavailable. Please come back later and try again.

If you let us know what your area is and what you are looking for we can get you a list of properties. [Content removed by Zillow Moderator. Please see our Good Neighbor Policy]
  • November 13 2013
  • 0Yes

  • Report a Problem

    Please enter a valid email address.

    Content flagged

    We will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.

    We're sorry. This service is temporarily unavailable. Please come back later and try again.