Need To Find A House In Foreclosure? Call The Bank!

Need To Find A House In Foreclosure? Call The Bank!

I get emails all the time asking how to find houses in Forclosure.

There are 2 main methods that have been very successful for me.

1- Buy a list from many sources online. You can get them as cheap as $10

2- Contact Banks and Credit Unions in your area and ask to speak to the REO Department. If you get someone friendly, you will have access to some of the freshed houses in foreclosure.

This will give you the best chance of success.
Not only you'll have access to information not usually available on a list, you might even be able to get attractive financing terms from the bank.

I recently came across a house forclosure auction in North Carolina, where the Credit Union was offering a 100% financing to the potential buyer!

Unfortunately it was too far for me as I live in LA and I'd rather keep all my Real Estate Investments in the local area.

So get started today.
Get yourself a foreclsure list or call the local banks and speak to the REO department.

There are thousands and thousands of foreclosure houses for sale and you can purchase one with some research and a few phone calls.

Good Luck.
E.R.