Real Estate Foreclosure Guide

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Foreclosure Real Estate Agent Article

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Advantages Of Paid Real Estate Foreclosure Lists

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The advantages of paid real estate foreclosure lists are many. You not only get one centralized area to locate foreclosures, but you get to do it nationwide. If you have an interest in investing in foreclosure real estate, the first tool you should use is the “real estate foreclosure listings.” You may want to do it on the cheap by gathering free information from public records and newspapers, but that will take a lot of time and not necessarily offer you a bird's eye view of multiple geographical areas at one time.

Investing Nationwide

If you are trying to get a good deal, you don't necessarily have to limit yourself to where you live. With today's soft real estate market, good compiled real estate foreclosure lists can help you search states where discounts may be sharper and deals better. There's no reason you have to limit yourself to your own geographical area, especially when you are doing this as an investment.


Third Party Online Services

Websites that offer real estate foreclosure lists are places like realtytrac.com and foreclosurelistings.com. There are so many third party online websites wanting to help you with your foreclosure search that it can get a bit confusing. Ultimately, you want one that can not only provide the basic list but also provides additional information that may be hard to find through the public records. The paid real estate foreclosure lists should conglomerate more than one source of information, otherwise you might as well have done the search through the public records only. You will want to see lien information and possible inspection reports too.

It's Faster

If time is money, then the less time you spend doing the legwork upfront in locating foreclosures, the more time you have to check the properties out indepth later. Especially with foreclosures that are time-sensitive, you want to understand when they are going to auction and what the possible return on investment might be after fixes and liens are paid off. Good real estate foreclosure lists will help to make your job easier and provide you with a wealth of information that would be hard for you to consolidate yourself in a short amount of time.

By locating more than one property and saving time through paid real estate foreclosure lists you can build a strategy to let you buy one property should the price on another be outside your range. You will be able to juggle multiple real estate investments more easily and have more time to check out the remaining properties that you have spotted indepth, even comparing them as an investment to other homes in other states, if need be.


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Real Estate Foreclosure Listings

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Foreclosure Real Estate Agent News

Foreclosures down in 2011 - Post-Tribune


Foreclosures down in 2011
Post-Tribune
Local figures on foreclosures weren't available, but Peter Novak, chief executive officer of the Greater Northwest Indiana Association of Realtors said that, anecdotally, member real estate agents are reporting an improvement.

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Trained Realtors help deal with foreclosures - NorthJersey.com


NorthJersey.com

Trained Realtors help deal with foreclosures
NorthJersey.com
"Foreclosures and short sales can offer opportunities for home buyers, but it's extremely important to have the help of a real estate professional like a Realtor for these kinds of purchases," said NAR President Charles McMillan.

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Banks See Paying Bonus to Troubled Homeowners Beats Foreclosure: Mortgages - Bloomberg


Bloomberg

Banks See Paying Bonus to Troubled Homeowners Beats Foreclosure: Mortgages
Bloomberg
The deals accounted for 33 percent of financially distressed transactions in November, up from 24 percent a year earlier, said CoreLogic Inc., a Santa Ana, California-based real estate information company. Karen Farley hadn't made a mortgage payment in ...
Home foreclosures decline, but completions riseCBS News
CoreLogic Reports 830000 Completed Foreclosures Nationally in 2011, a Decrease ...Sacramento Bee
Florida Has the Nation's Highest Foreclosure InventoryLoanSafe
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Faulty loans, foreclosures cost $72 billion - Detroit Free Press


BBC News

Faulty loans, foreclosures cost $72 billion
Detroit Free Press
Wells Fargo, Bank of America, Citigroup, JPMorgan Chase and Ally Financial, the five largest home lenders during the real estate boom, tallied at least $6.78 billion in new costs tied to mortgages during the second half of 2011, according to data ...
Bad Home Loans Top $72 Billion in 'Colossal Failure': MortgagesBusinessWeek
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Bank of America Plaza Foreclosure Seen as Symbol of an Era - CoStar Group


Bloomberg

Bank of America Plaza Foreclosure Seen as Symbol of an Era
CoStar Group
Billed as the tallest and most recognizable trophy office tower in Atlanta, the 1.3 million-square-foot structure was labled as the "emblem" of the burst real estate bubble after its lender took back the building in a foreclosure auction held on the ...
American Foreclosure Hits Bottom With Tower Auction in Atlanta: MortgagesBloomberg
Bank of America Plaza becomes Atlanta's priciest repoAtlanta Journal Constitution
Bank of America Plaza sold at foreclosure sale for $235MWXIA-TV
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