finding foreclosures

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      Perhaps foreclosures for non-payment of taxes do, but bank foreclosures are different. The bank owns the property and they can do with it what they wish.

      You might try looking for a real estate office that specializes in foreclosures. A friend of mine owns a real estate company that does just that. They do all the renovations necessary to make it saleable (sometimes very minor and sometimes major, you wouldn’t believe that way people will trash a house when they know they’re losing it) and then do the usual real estate listing stuff. While most of the properties they sold when I was there weren’tsuper bargains, they were usually below market and if you have a relationship with the company you might be able to buy a property for a deal if you would be willing to take it before they do their work.

      Lori.

      — On Mon, 8/18/08, wilbe95 wrote:

      From: wilbe95
      Subject: Budget101.com : Re: Finding Foreclosures
      To: Budget101_@yahoogroups.com
      Date: Monday, August 18, 2008, 12:29 PM

      Most foreclosures are processed and sold at Sheriff’s Auctions. If
      you contact your local Sheriff’s Office, someone would be in charge
      of the auctions and should be able to provide you with a list of
      upcoming homes on the list and the price that the auction will begin
      at.

      — In Budget101_@yahoogro ups.com, “Rustey Meyer”
      wrote:
      >
      > So, how do we find the FREE lists of foreclosures? I have Googled
      > hours at a time, searching lawyers’ websites, and the only lists
      that come
      > up
      > are ones that want a credit card should you use the site after
      their “free”
      > sample has run out.
      >
      > Surely there are particular people/lawyers/ agents who get these
      > Properties to sell? Help is appreciated- –anyone ?
      > ~ Rustey
      >
      >
      .
      Original
      Message
      .
      > From: Ann Garner
      > Sent: Sunday, August 17, 2008 12:11 PM
      > Subject: finding foreclosures
      > >
      >
      > > The reason they can go so low is that they are being put on the
      > > market to try to get what is left of the mortgage. In other
      words,
      > > the bank just wants what is still owed on the house.
      > > Ann in Arkansas
      > >
      > >
      >

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