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Home >> Stock Forums >> How to locate foreclosed homes?

How to locate foreclosed homes?

AznGunner said: "would this be public info or is it for the elite?"

thezster said: "Homes that have already gone into foreclosure are public knowledge - but the information is often hard to find. A realtor has access to that information when it happens - and a good realtor can get that information to investor types quickly. I've used a buyer's realtor to buy distressed properties as the banks automatically figure on paying the 3% comission regardless of the selling price of the property. Additionally, that realtor can easily access how much the financial institution has into the property, which helps in determining how much you want to bid on the property in your first offer..."