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How to find bargains and foreclosures in a buyers market

Find Foreclosed Homes


Have you decided that you want to buy a foreclosed home?  The next step is finding them.  While it is simple to find a listing of homes that are for sale, foreclosed homes are not always included in those lists.  It can also be hard to sift through all the information online.  Where can you find foreclosed homes in your area?

AllHud.com is a website that allows you to do a free search of foreclosed homes.  In fact, that is the only type of homes they list!  Start here http://www.allhud.net/dyn/US/NONE//i/allhud/h/allhud/pages/index/pages.html and click on the state you live in.  Next, you will see a list of towns and counties within that state.  Choose the one closest to your area.  The next page will ask you to narrow down the search to an even smaller area.  Eventually, you will come to a page http://www.allhud.net/cgi-bin/pages.pl that asks you to fill in a form.  The foreclosed homes on AllHud.com are governmental listings, and you must be pre-qualified before you can buy a home from this website.

New Times Foreclosures is another website where you can search for foreclosed homes in your area.  Start here http://newtimesforeclosures.com/ and use the “Free Foreclosure Search” engine located on the right hand side of the page.  Put in the name of a city and state to begin.  This brings you to a very detailed list of foreclosed homes located there.  You can tell at a glance if the bank owns this home, or if it is being sold in auction.  There are details about how many bedrooms and bathrooms the house has, the estimated value, the loan amount, and the street is located on.  Found one you like?  Click on the link that says “details”, or the street the home is located on.  Fill out the short form that pops up to have additional details about the foreclosed home sent to you.

Another option is to try the Free List of Foreclosures website at http://www.freelistforeclosures.com/index.php.  The first page contains a form you must fill out about where you want to find a foreclosed home at, how many bathrooms and bedrooms you wanted, the maximum amount you intended to spend, and more.  After you fill out the form, you should receive a free list.

You could start asking about foreclosed homes at banks, or with realtors, who might have their own list of foreclosed homes that they want to sell.