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Foreclosures



Don't pay a service to find foreclosures for you.  There are plently of places to look for foreclosed properties.

Here is a list that will get you started

Housing and Urban Development (HUD)
US Government
FDIC
IRS
General Services Administration
Small Business Administration
Department of Agricultural Rural Development
US Marshals Service
US Customs
US Army Corp of Engineers
These are sites of the US government which list many places to find foreclosures.  There also is some great information to be found about housing, mortgages, foreclosures, etc.

Fannie Mae
Freddie Mac/Homesteps
Fannie Mae and Freddie Mac were started as government sponsored companies to create a secondary market for buying, selling, and packaging mortgages.  Fannie Mae is an easy way of referring to the Federal National Mortgage Association.  Freddie Mac is an easy way of referring to the Federal Home Loan Mortgage Corporation.

Premiere Asset Services
EMC Mortgage Corporation (may require a login)
Keystone Asset Management
Horizon Management
Ocwen/Department of Veteran Affairs
These links are to asset management companies.  These companies assist mortgage lenders in the management of owned assets (REO's).  Generally, they are paid to manage the maintenance and upkeep of owned properties and then to ensure that the property is resold.  Asset management companies earn management fees and a percentange of the sale price once a property is sold.

REO Source
REO.com 
ReoSource 
These links are to web-based companies that work with foreclosed properties.

 

Don't pay for foreclosure information....go find it.




Other Articles


Buying Foreclosures - Foreclosure Homes for Sale
Are you on a small budget, but you want to purchase a home? If you are on a small budget, and you want to get a home, to start living as a family in an area that you love, look towards homes that have recently been foreclosed. A foreclosure is one that someone else has lost. The homeowner may not have been able to keep up on their mortgage payments, and the bank has taken over the property. Banks and financial companies don’t like to hold onto these properties for long, because of the interest, the payments and the money that is being lost over all.

Foreclosure Info - How Do I Sell My House When I Owe More Than It's Worth?
If you are worried about selling your house when you have no equity, you are not alone. There are thousands of home owners just like you all over the country. Some of them are looking to get out of their home because of a divorce, or job transfer. Others are desperate because they were speculating that they could buy 5 condos today, and sell them in 6 months for a 50% profit. Depending on which part of the country you live in, you might be feeling different levels of pain, so here are some ways to cope with the need to sell a property when you owe more than you can sell it for.

Foreclosure Law - New Jersey Foreclosure Law Facts
New Jersey is a Judicial Foreclosure State which means the court approves the sale and the Plaintiff gives notice to the defendant. If the response is inadequate and the required loan payment and fees are not paid, the Plaintiff goes to court for Auction Sale Approval. This is commonly known as a Sheriff's Sale or Sheriff's Auction sale.

Foreclosure Listings - Free Home Foreclosure Listing - Valuable Information?
The foreclosed home buying market is tight. And for good reason. Many people have learned that they can buy properties for a fraction of their value if they buy foreclosure or foreclosed properties. In order to help people find such properties and further their own business, many companies have started offering a free home foreclosure listing to potential buyers. But these "free" guides are not always worth the hassle.

Foreclosure News - Mortgage Changes Will Boost Foreclosures
About 1.1 million additional home foreclosures are expected over the next six years as adjustable-rate mortgages - which made home buying more affordable to U.S. buyers in recent years - reset to higher payments, according to a study by research firm First American CoreLogic.

Foreclosure Services - Getting The Right Foreclosure Assistance
The purchase of your home was certainly one of the biggest investments you have ever made. Now you are faced with the prospect of having to lose your house, due to circumstances beyond your control. Facing foreclosure is definitely very stressful and complicated. But with the proper assistance, it need not be such a bad experience and you may be able to keep your house and establish financial stability.

Foreclosure Tips - Foreclosure Words, Terms, and Lingo
To help understand the foreclosure process you need to understand the many terms that are used frequently when talking or reading about foreclosures.

Stopping Foreclosure - Stop Your Bad Habits and Stop Foreclosure Quick
The pride of home ownership can be dashed in a moments notice with health problems or a loss of your job. If you face the difficult struggle of losing your home you can take action to stop foreclosure quick. I’ll show you some basic steps to put into action that may help you get back on your feet.

Buying Foreclosures - Foreclosure Homes for Sale
Are you on a small budget, but you want to purchase a home? If you are on a small budget, and you want to get a home, to start living as a family in an area that you love, look towards homes that have recently been foreclosed. A foreclosure is one that someone else has lost. The homeowner may not have been able to keep up on their mortgage payments, and the bank has taken over the property. Banks and financial companies don’t like to hold onto these properties for long, because of the interest, the payments and the money that is being lost over all.

Foreclosure Info - How Do I Sell My House When I Owe More Than It's Worth?
If you are worried about selling your house when you have no equity, you are not alone. There are thousands of home owners just like you all over the country. Some of them are looking to get out of their home because of a divorce, or job transfer. Others are desperate because they were speculating that they could buy 5 condos today, and sell them in 6 months for a 50% profit. Depending on which part of the country you live in, you might be feeling different levels of pain, so here are some ways to cope with the need to sell a property when you owe more than you can sell it for.

Foreclosure Law - New Jersey Foreclosure Law Facts
New Jersey is a Judicial Foreclosure State which means the court approves the sale and the Plaintiff gives notice to the defendant. If the response is inadequate and the required loan payment and fees are not paid, the Plaintiff goes to court for Auction Sale Approval. This is commonly known as a Sheriff's Sale or Sheriff's Auction sale.

Foreclosure Listings - Free Government Foreclosure Listings
Whether you’re a seasonal or beginner type of realty investor, what will provide all your dealing kick offs is the so called free government foreclosure listings. All types of foreclosed properties can be found here. Even simple individuals looking for a dwelling place or big time icon dreaming to close big time deals, government foreclosure properties are the answer to all your plans.

Foreclosure News - Mortgage Changes Will Boost Foreclosures
About 1.1 million additional home foreclosures are expected over the next six years as adjustable-rate mortgages - which made home buying more affordable to U.S. buyers in recent years - reset to higher payments, according to a study by research firm First American CoreLogic.

Foreclosure Services - Getting The Right Foreclosure Assistance
The purchase of your home was certainly one of the biggest investments you have ever made. Now you are faced with the prospect of having to lose your house, due to circumstances beyond your control. Facing foreclosure is definitely very stressful and complicated. But with the proper assistance, it need not be such a bad experience and you may be able to keep your house and establish financial stability.

Foreclosure Tips - What Is Foreclosure, And Should You Be Worried?
The question "What is foreclosure?" can be answered in more than one way, because there are four distinct types of foreclosure. But you, hopefully, will never have to become overly familiar with any of them, because you will know how to manage your money so that foreclosure is never an issue in your life.

Stopping Foreclosure - How to Walk Away From a Home in Foreclosure
Few homeowners, though, know exactly what will happen if they just up and leave the home. What will the ultimate fate of the house be? Will the lender go after both spouses' credit records if only one is on the mortgage? What about being sued or having wages garnished after the foreclosure is over? These are important questions homeowners need to ask themselves before giving up the fight and leaving the house.


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