Profile picture for stevenjwebb

How do I find listings on forclosed apartments or rental property?

  • December 29 2008 - Saint Louis
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Answers (4)

Profile picture for cliffjergensen
steven,

Better to find homes in pre-foreclosure for better deals.
Find these at the court house. They can direct you on where to look.
This gives you the opportunity to negotiate with the banks and
even the owners of the property. I bought a house a few years ago
where the owner defaulted on two loans. One for 133,000 and the other
for 35,000. I negotiated a short sale with the banks and also kept
the owner from having a foreclosure on his record. Ended up buying
a house for 163,000 dollars. Sold the house for 223,000. Make sure
the area is good first. Schools, ETC




  • December 29 2008
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Profile picture for stephhug
That's right, most foreclosed properties are listed in the MLS with a real estate agent. So if you want to receive a list of properties that are currently available and get updated when new ones come up, have your Realtor set you up with a search.

If you aren't working with an agent, I would be happy to help you. Call or e-mail me and we can discuss what you are looking for.

Stephanie Grossman
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  • December 29 2008
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Most of the properties for short sales and foreclosures are in the Realtor databases if not going to auction. Some of the auction properties are listed too.
Read the remarks and 3 rd party approval means the property is a short sale usually. Bank owned is obviously a foreclosure. 

  • December 29 2008
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Most of the properties for short sales and foreclosures are in the Realtor databases if not going to auction. Some of the auction properties are listed too.
Read the remarks and 3 rd party approval means the property is a short sale usually. Bank owned is obviously a foreclosure. 

  • December 29 2008
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