So how do you go about buying a foreclosed home? Where do I find listings of foreclosures? Are all foreclosed properties a mess and need a lot of fixing up? These are common questions for anyone starting out in real estate investing who's curiuos about buying a foreclosed property.
At sites like Foreclosure.com and RealtyTrac.com you can also find foreclosures but these sites charge you a fee to view the properties. But this is a small price to pay if you're going to invest in a foreclosure.
To start though, see if you can speak to a real estate agent or someone you know who has bought a foreclosure. This is the best way to get a feel for the foreclosure process and how to go about buying the right one. Don't leave our website just yet though. Take a look at all of our foreclosure articles too.
What better place to start than on the Web when searching for a foreclosed property to buy. There are a number of banks and sites that list foreclosed properties that are looking for buyers - would love to have a buyer in fact. Might even be desperate for a buyer:
To learn more visit locating foreclosures. While it usually requires a lot of money and work to fix up a foreclosed property, sometimes there are those properties that are still in good condition and eager to find a buyer. Here are the top cities for foreclosed homes.
Below are the Top 10 Markets for foreclosured homes in the United States.
Fort Lauderdale, FL
Fort Worth, TX
Source: Business 2.0 - New Rules of Real Estate