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Pre Foreclosure Homes For Sale Article
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Why Pay For Pre Foreclosure Lists?
from:There are hundreds if not thousands of free pre foreclosure lists, so why bother to pay for pre foreclosure lists that provide the same information? Believe it or not it may actually save you money to pay to belong to a website that allows you to view pre foreclosure lists, rather than to use the free sites. The following reasons are the key factors in why paid pre foreclosure lists are ideally suited to serious investors.
Time IS Money
In the investment and real estate world this is absolutely true. The time that it takes to browse through the hundreds of thousands of pre foreclosure lists on the internet is time that you could be spending contacting home owners, surveying areas and neighborhoods and putting together offers and information. The more serious of an investor you are the more critical time is when you are juggling multiple deals at the same time. Using free pre foreclosure lists may be cost saving money wise, but if you factor in your hourly rate you will definitely be losing money each minute you spend at your computer looking through lists that might not have one property of interest to you.
Research and Tracking
While most of the free lists will provide information on the physical address of the property, many don't include pictures, specific information on the property, comparable sales figures and even the homeowner and lender contact information. If you don't have this information, you will again need to take your own time or more likely hire someone else to do this research for you.
The Early Bird Gets The Worm
When pre foreclosure properties are put on lists, there is a huge interest in the property generated by those using the lists. The faster that you can contact the homeowner and the lender the faster you can present the bid on the property for the sale. If you can directly access all the information that you need on the paid site, you are far ahead of the group of investors that is trying to save a few dollars by doing the research on their own.
Finding Just What You Want
The paid pre foreclosure lists all offer the option of notifying you when a property matching your search criteria is placed on the list. This can help you in saving both time and energy as you can really fine tune the search criteria based on price, age of the home, market value, location and other specific criteria.
Avoid Junk Mail
Free sites are paid for by advertisers; so you will have to provide some type of email address to access the site. Once you do that you are giving permission for advertisers to contact you in exchange for the use of the free listings. Paid sites don't have this same need for income from advertisers, so you will typically avoid all the junk mail associated with using the free sites.
Pre Foreclosure Homes For Sale News
Foreclosures, House Sales Up in April - LoanSafe
Foreclosures, House Sales Up in April LoanSafe (Source: Ed Waters Jr. The Frederick News-Post, Md. — Foreclosures were up in Frederick County from March to April, but so were home sales. RealtyTrac, a national distressed property data firm, said there were 73 foreclosures in the county in April. |
Foreclosures: Better but still not great - Minnesota Public Radio
Foreclosures: Better but still not great Minnesota Public Radio Minnesota is starting to recover from the mortgage crisis -- foreclosures are down, as are the number of homes getting pre-foreclosure notices and the number of sheriffs sales, 2011 data released this afternoon by the Minnesota Home Ownership Center ... |
J Thomas Homes Seeing Positive Future for Sales of New Homes in Utah - San Francisco Chronicle (press release)
J Thomas Homes Seeing Positive Future for Sales of New Homes in Utah San Francisco Chronicle (press release) Salt Lake City, UT (PRWEB) May 24, 2012 Many new home builders in Utah are pleased to see things improving. With Utah foreclosure activity beginning to decline, interest rates at record lows, and supply of existing homes decreasing, ... |
Foreclosures down, short sales up. Are banks getting smart? - Christian Science Monitor
 CBS News | Foreclosures down, short sales up. Are banks getting smart? Christian Science Monitor Six states saw more preforeclosure sales – typically, short sales – than foreclosures in the fourth quarter, according to RealtyTrac, an online marketplace for foreclosure properties based in Irvine, Calif. In preliminary first quarter data for 2012, ... Foreclosures reach lowest level since 2007 Orlando foreclosure activity down from March to April Foreclosures Reach 5-Year Low |
Rise in Home Sales Points to Rebound - Wall Street Journal
 USA TODAY | Rise in Home Sales Points to Rebound Wall Street Journal By DAWN WOTAPKA And NICK TIMIRAOS Sales of previously owned homes rose at a robust clip in April—and prices jumped—the latest indications that the hard-hit housing market is recovering. Existing-home sales were up 3.4% from March to a seasonally ... Home resales rise, boding well for economy Sales of existing homes increase in April Housing recovery underway as home prices, sales show strong gains |