Free Report- 10 Ways To Find A Foreclosure Deal:
The first five ways to find deals are during the pre-foreclosure process:
1) Find a vacant home and use the tax records online to write the home owner.
2) Find home owners that are 30 days late and very well may be under financial distress- foreclosureradar.com
3) Find home owners that are 90 days late and are under financial distress- foreclosureradar.com
4) Find all Notice of Default properties which gives the home owner 90 days before the sale date is set.
5) Look for home owners through Realtors that are upside down on their homes and are candidates for a short sale (their income is less than their expenses and the property value is less than the loan)
The next five ways are tailored to finding good REO properties (real estate owned or bank owned properties):
6) Go to auction companies that represent REO properties- Google home auctions
7) Work with a Realtor on new REO MLS listings that hit the market
Look on the MLS for REO homes that have been on the market for 90 days or longer
9) Look on the MLS for REO properties that need a total remodel.
10) Look on the MLS for fire and or water damaged REO properties
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