Finding foreclosure listings

Finding foreclosure listings is the most important aspect of investing in foreclosed property.

To understand how to locate foreclosure listings, you must first understand that there are several ways that property foreclosure listings can be found.

With the advent of the Internet, and many news sources online, you can find foreclosure listings under the classified section.

Your local courthouse will also have information regarding foreclosure listings. Ask your county courthouse who is responsible for collecting and selling subscriptions for foreclosure leads. This is a great way to save time and ensure that you are readily notified should property become available.

You might also find that your local realtor is a great resource for property that is entering the pre-foreclosure state. Since many homeowners try to sell their homes before they are actually foreclosed or auctioned off, you can often find great deals and work with the homeowner individually by contacting realtors.

Additionally, you can gather the information by yourself at your local county recorder’s office. Yet, you should understand that it is very time consuming, and for those who hold other jobs, accessing the county recorder’s information can become nearly impossible time wise. Many people prefer to subscribe to a research firm that will compile the information for them and on a regular basis. Before joining a subscription service, make sure to do your homework and check the company’s references with the Better Business Bureau.

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