foreclosure investment
How do I get a list of foreclosure investment properties?
In California.
I don’t want my time wasted here, so please only serious answers.
How do i get a FREE list of foreclosure properties?
♥CJ
Here is the fatal flaw in your inquiry: Foreclosure sites, free or the ones you pay for, obtain their information from the mandatory notices that are put in the paper. Not all of these homes make it to the auction block, some are redeemed, short saled, etc.. Even those that do get auctioned may take awhile to be put up for sale. And houses that were sold a long time ago still appear on these sites. I have a client that showed me their foreclosure site page for this area, I knew for a fact that about 25% were wrong, and if I would have went through each one, I’m sure that number would have been much higher.
Lenders/loss mitigation departments/asset management agencies don’t deal with private citizens, they offer their properties for sale through Realtors.
There are a bunch of Realtors that specialize in REOs. (Real Estate Owned, i.e. lender owned properties) Hook up with one in your area and what potential investment properties come your way. Whoever said some are sold in one day – whatever – not in my area, lenders typically sit on offers waiting to see if other offers come in.
16207 Ohio, Detroit Foreclosure / Investment Property