Free Sources of Real Estate Foreclosure Listings

Saturday, March 10, 2012

By Jane Claire


If you're one of the many individuals who don't believe that there are still things in this world that are absolutely for free, then think again. A perfect example of a "safe" freebie would be real estate foreclosure listings. You may have the idea that this kind of information is exclusive only for some foreclosure group or this data is only found in restricted sites online. All of your impressions are absolutely wrong. You can actually scan for real estate foreclosure listings all for free from your home as long as you know the materials that have this information.

The Newspapers

Foreclosure listings can usually be found in the Public Notice page of the newspaper which is offered in your neighborhood. You can avail of different newspaper subscriptions or you may proceed to a public library to lessen your expenses. However, you still won't be able to bid correctly on a property with the information that can be found in these materials but they can serve as your stepping stones in creating those foreclosure listings.

Public Records For Free

Getting public records won't require you to pay some fees. Moreover, the Internet can widen your research by providing you foreclosure data from all over United States. Our technology lowers down our expenses since we don't have to drive just to get the information that we can obtain right in our own homes. Plus, tax lien data are already attached to a few public records. How convenient is that?

Be the "Magnet"

If you have been purchasing foreclosures for years already, then you can hire a real estate agent in your area to make things easier for you. These people get six percent of the profit but the seller would be the one to pay that cut and not the buyer. Thus, why not hire an experienced agent who can search for REO properties and foreclosed homes for you. The realtor may have to pay some charges but in your case, you don't have to pay anything and you might also be able to see properties that are exclusive in MLS only.

Be Frugal

Being frugal and compiling different listings can certainly gain you benefits but sometimes, they can be a waste of time when you can purchase properties from a third party vendor for a much lower cost. Look over the benefit of savings and the costs of time. Weigh things over very carefully. This will help you to determine if compiling those listings are more beneficial than searching and hiring a real estate agent.




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