How do I find short sales or foreclosure homes in my area?
Everyone says to buy my first home as a short sale or foreclosure, but I am not sure how to find these properties. Do people really buy them or do they just go on market like regular homes?
It would help if I knew what state you were in. Or looking in. Please let me know and I can give you more detail.
Short Sale Funding – How To Find Lenders With No Title Seasoning So Your Deal Doesn’t Fall Apart
Stockton, California reported the highest foreclosure rate among the nation’s 100 largest metro areas from Jan to Jun 2007, according to RealtyTrac, an online marketplace for foreclosure sales. Detroit and Las Vegas documented the next highest foreclosure rates. RealtyTrac’s 2007 Midyear Metropolitan Foreclosure Market Report showed the foreclosure activity in the top 100 metro areas for the first half of 2007. As foreclosure rates continue to rise, 82 out of 100 metro areas recorded year-over-year increases in foreclosures.