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Using this list of free searchable online databases you can find homes in foreclosure, pre-foreclosure, REO (Real Estate Owned), seized, or distressed properties just about as easy as anyone in the real estate business. And for the most part, you can use your web browser and perform your searches from home.

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Having an abundance of foreclosures brings the entire market down and it makes it harder for home owners, who would like to move, to get the appropriate price for their home as a similar home down the same street was sold for substantially less and the appraiser is using the foreclosure as a comparable sale.

A Zillow spokesperson told Target 8 that when a property is flagged as being in foreclosure, it remains that way on the. is to offer free tools and data to help consumers make informed decisions.

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Buying a pre-foreclosure can be a way to find a bargain on a home. Pre- foreclosure homes are generally still occupied by their owners, who.

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Many foreclosed properties are sold in “as is” condition.. It's not uncommon for foreclosed homeowners to devalue the property by removing fixtures. let the bank do the hard work so you can get a "free-and-clear" property.

"One way to find pre foreclosure leads is to look for properties that have a notice of default. This is a public notice that states the borrower has not made their mortgage payments by the deadline and has a certain amount of time to pay the past due amount and late fees, sell the property or the lender will repossess the property.

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How to Find Out What Bank Owns a Foreclosed House. by Tina Amo. Check government records for the owner of a foreclosed home.. owner. propertyshark offers free membership, while RealtyTrac charges from $49 to $249 for access as of.

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