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Foreclosure Article

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Free Foreclosure Listings: Where to Look and What to Avoid

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The Internet is a wonderful place to look for real estate listings for just about any kind of property that you choose to purchase. You may look for brand new homes and property just build, or older homes and residential and commercial property. You may also find pre foreclosure and foreclosure listings as well. However, many of these sites do charge a fee for their listings. Before actually paying for listings for the type of property you desire, why not investigate the myriad of listings that are offered for free.

Anyone in the business of purchasing foreclosure property will already know the value of saving a dollar. Saving yet more money by looking for free foreclosure listings will also become a tool for use in an investor’s foreclosure portfolio. Different websites will offer different free foreclosure listings and many have large databanks to choose from.

Some websites cater to certain geographic locations while others will include free foreclosure listings in all the 50 states.

If you have a particular interest in the states of Florida, Texas, or New York, you may want to check out the free foreclosure listings at: http://www.freeforeclosuredatabase.com/ They do offer a database of free foreclosure listings and pre foreclosure listings for the other states as well.

Some websites will not only offer free foreclosure listings, they will also provide the property records for foreclosure mortgages across the United States. http://www.homemortgageforeclosures.com/ provides, property records, free foreclosure listings, home foreclosures, tax foreclosures, and HUD foreclosures. Homemorgageforeclosures.com adds hundreds of new free foreclosure listings daily. It would be worth your while as an informed investor to check the site daily for new potential personal use or income producing property.

The website www.foreclosure.com specializes in bank owned properties (REO).

Do not mistake www.foreclosure.com, with www.foreclosures.com which is another Internet website that offers auction listings, government HUD listings, pre foreclosure listings, bank (REO) listings, home foreclosure listings and foreclosure law information. They also have a foreclosure dictionary to help you familiarize yourself with the terms. This site offers you information on how to get started and a tutorial to assist you in learning the steps involved for getting the information and the business opportunities that you desire. To add to this repertoire of knowledge is that fact that they have a section on testimonials and websites to avoid. They will show you how to file a complaint if you have been scammed by any website in your foreclosure property search. The downside is that though they do offer free foreclosure listings the grace period ends in seven days, after which you must purchase the listings.

Not only do you have specific websites that specialize in free foreclosure listings you can actually look at a video on the you tube website http://www.youtube.com/watch?v=893QkRxeT3A which will give you a bit of information concerning foreclosures and offer a website which connects you to free foreclosure listings on bank owned real estate (REO).



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Foreclosure News

Suburban Counties Hit By Foreclosures - Chicago Public Radio


msnbc.com

Suburban Counties Hit By Foreclosures
Chicago Public Radio
Chicago-area foreclosures are up for the first six months of this year compared to the same period last year. Owners of more than 78000 properties in the ...
Foreclosures up in 75 pct of top US metro areasReuters
Foreclosures ease in cities hit hardest by housing crisisChristian Science Monitor
Foreclosure activity continues to increaseWashington Post (blog)
TheStreet.com -NPR (blog) -Detroit Free Press
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Homes keep falling into foreclosure as programs fail to help - McClatchy Washington Bureau


Digital News Report

Homes keep falling into foreclosure as programs fail to help
McClatchy Washington Bureau
New figures Thursday from Realty-Trac showed that foreclosure activity declined over the first six months of the year in nine of the 10 large metropolitan ...
Making Home Affordable Report Home Affordable Foreclosure Alternatives And ...Red, White, and Blue Press (blog)
Sen. Brown To Mega-Banks: Work With BorrowersMortgageorb
Prevent Home Foreclosure; Loan Modification Increases as Americans look for ...Learning and Finance (blog)
Housing Watch -ADI News (blog) -The Associated Press
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Florida mortgage firm settles federal charges - The Associated Press


Florida mortgage firm settles federal charges
The Associated Press
WASHINGTON — Federal regulators say a Florida company they accused of misleading borrowers who were seeking to avoid foreclosure has agreed to repay the ...
Mortgage Relief Company To Pay $2.4 Million In SettlementCollections & Credit Risk (blog)
FTC Reaches $2.4m Settlement to Ban Foreclosure Rescue CompanyHousing Wire
Mortgage-Relief Firm To Reimburse $2.4 Million, Cease MarketingNASDAQ

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Indy's foreclosure rate worsens in June - Indianapolis Star


The Birmingham News - al.com (blog)

Indy's foreclosure rate worsens in June
Indianapolis Star
The mortgage foreclosure rate in the Indianapolis area worsened again in June and remained above the national average. The rate of foreclosures among ...
Two more Central Valley metros show declining foreclosure ratesCentral Valley Business Times
Foreclosure Rates Holding SteadyWNCF
Foreclosure activity continues to rise in RomeRome News Tribune
Topeka Capital Journal -KGMI -Main Street Business Journal
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Foreclosed mansion to hit auction block - The Detroit News


Foreclosed mansion to hit auction block
The Detroit News
One of Metro Detroit's most expensive homes -- a Novi palace worth at least $18 million before the real estate market crash -- is facing foreclosure and ...
$18 Million Mansion Faces ForeclosureWDIV Detroit
$18M home in foreclosure, auctionUPI.com

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Heavyhitters bring attention to foreclosure problem - Atlanta Journal Constitution


Heavyhitters bring attention to foreclosure problem
Atlanta Journal Constitution
“As a member of the Financial Services Committee, I am constantly asking the Obama Administration to do more to help stem the tide of foreclosures,” said US ...
Home Sales Down; Foreclosures UpWXIA-TV

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Homeowners Association Foreclosure Reversed for Texas Military Family - Housing Watch


Homeowners Association Foreclosure Reversed for Texas Military Family
Housing Watch
Well, on Monday, the Clauers settled with the Heritage Lakes Home Owner's Association, whose management company, Select Management, foreclosed on their home ...
Frisco soldier who lost house to foreclosure over homeowners dues gets it backDallas Morning News
Iraq war vet declares victory in Frisco HOA battleWFAA

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Foreclosures boom among nation's most creditworthy - USA Today


France24

Foreclosures boom among nation's most creditworthy
USA Today
By David Zalubowski, AP By Stephanie Armour, USA TODAY A record number of borrowers once judged the most creditworthy are heading into foreclosure as the ...
Foreclosure starts hit record high for Fannie, Freddie loansInman.com
Fannie and Freddie Foreclosures Increasing at Fastest Rate YetMortgage Rates & Trends (blog)
Foreclosures jump among prime US borrowersso-calledFinancial Times
Wall Street Journal (blog) -BestCashCow.com (blog) -Minyanville.com
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