Thursday, May 11, 2006

Foreclosure House Listings on Yahoo!

Foreclosure House Listings on Yahoo.com

One of the most important assets on the internet is the major search engines.
This is primarily what I use to find Foreclosure Homes and Pre Foreclosure listings.

More importantly, the listings are free albeit not as complete as the paid services.
In my earlier blog posts, I covered how to use Craigslist.com to find pre-foreclosure homes.

Well, Yahoo is another cool source.
Simply goto http://realestate.yahoo.com/re/buying/

In the search box, input the information of the are you want to find a foreclosed home in, then search. There are small buttons labeled "foreclosures" - A word of warning. That basically prompts you to sign up for a paid service, however, they do offer a free trial period.

This is just one of about a dozen resources available online to help you uncover foreclosed houses.

Step One: Do your research and find prospective homes.
Step Two: Check the approximate values with Zillow.com
Step Three: Do a drive by
Step Four: Place your offer or flip it to an investor

Go slow on your first 2 or 3 transactions. Foreclosure investing can be very tricky if you are not careful.

Good Luck and Happy Investin

Filed under: foreclosure investing

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