How to Find Foreclosure Database Listings in Your State
It is important to start with your state, getting a database of the foreclosure activity in California will help you compare REO properties, HUD homes even tax foreclosures in major cities in your local area. RealtyTrac is one of the top leading websites for getting information about property valuation, foreclosure sales data, comparable property sales, loan info, interactive mapping, MLS association, lien and bankruptcy data, for industry leaders, mortgage providers, real estate professionals and foreclosure investors.
You can also find free foreclosure listings from various websites that have compiled listings based on each state from Nevada, Arizona, Florida, Michigan and Illinois. a better database search for foreclosure lists may just be by searching for the mortgage lender banks themselves such as Wachovia, Citibank, Indymac, Gmac, Wamu, Washington Mutual Reo, Bank of America List of Foreclosures and Countrywide Foreclosures and the like since these are the top default listings that are documented on a monthly basis.
Freeforeclosuredatabase.com has a no cost membership that allows you to do free foreclosure searches of government foreclosures such as HUD HUD Foreclosures, Tax Foreclosures, VA Foreclosures), Bank Foreclosures, and REO Properties in top Foreclosure states like Florida, Texas, California, Nevada, Michigan, Colorado, Ohio, Arizona and Georgia.
If you are tired of paying registration fees and memberships you will be happy to know that Real estate investors can access the largest free database of bank owned homes, government foreclosures and choose from HUD, single family homes, condos, town homes, rental and income properties for free. The best part is the valuable foreclosure information for real estate investors comes directly from the banks like Countrywide REO and Washington Mutual REO properties.
It just takes a little time and research to get the exact statistics you will need to either buy or sell discounted homes for a profit. You may not be aware of the fact that foreclosure information is public domain so real estate investors can access this information any time they want, nationwide for free. There is competition when it comes to finding foreclosure investment opportunities that are hidden from state to state. It is recommended to utilize the Register of Deeds Clerk of Court because in your state they serve as the Register of Deeds and is responsible for recording all property transactions and records as required by law.
To understand the recorder of deeds function it is a government office tasked with maintaining public records and documents, related to real estate ownership that provide persons other than the owner of a property with real rights over that property. Depending on jurisdiction similar offices include registrar general, register of deeds, registrar of deeds, registrar of titles.
In some U.S. states, the functions of a recorder of deeds is left to the county clerk or the county’s clerk of court, and the official may be called a clerk-recorder or recorder-clerk. If you visit your county’s office you can search for a NOD (Notice of Default), lis pendens or Notice of Sale for free.
The Top 10 Foreclosure States are:
California
Florida
Illinois
Michigan
New Jersy
New York
North Carolina
Ohio
Pennsylvania
Texas
If you are thinking of getting into the real estate industry as a home buyer, or investor some of the first places to look will be in the following areas; Pre Foreclosure, Foreclosures Bank Owned Properties (REO), Government Foreclosures, Hud Foreclosures, Tax Foreclosures, VA Foreclosures, Short Sales, Cheap Houses For Sale, Fannie Mae Foreclosures because this is where the action is going to be as well as a place to start building relationships with the heavy hitters.
REO, or Real Estate Owned, is property that failed to sell at a foreclosure auction and is now owned by a bank, the best place to find REO Listings particularly from companies like Countrywide, Wells Fargo, Bank of America, Washington Mutual REO and Fannie Mae can be found on Yahoo Real Estate where it is easy to view pre-foreclosures, banked owned homes and research market conditions and mortgage rates.
How to find Preforeclosures, Sheriff Sales, Foreclosures, Bankruptcies, FSBOs, Tax Liens and Auctions on a free foreclosure database listing starts with knowing which state you want to search first, then you will want to look for the city and zip codes. It is helpful to know what the demographics are for the homes you seek, some of this would include: