Where Is Foreclosure Information Published?

Where Is Foreclosure Information Published? thumbnail
Finding foreclosure information

Foreclosure information is a matter of public record. All pre-foreclosure and foreclosure notifications are easy for consumers to locate if they know where to look.

  1. Significance

    • Foreclosure information must be made public in order to preserve transparency and abide by federal law. Once a home has been posted for auction, the auction date of the property and address are made public.

    Notices

    • Foreclosure notices and auction dates are available at the local county clerk's offices of every state in the continental U.S. Many of these notices are posted in front of the courthouse for review by potential purchasers, and must be posted prior to the auction date by law.

    Public Information

    • In addition to notices being placed at the courthouse, many towns and counties offer foreclosure auction dates and addresses online. To determine if this is available in your area, call the county clerk's office in your area and ask if the foreclosure information is published online.

    Misconceptions

    • Many bidders believe that once a property has been posted for foreclosure that the sale is imminent. There are many ways for a homeowner to prevent foreclosure up until the moment of the auction commencing, so not all properties posted for auction will actually make it to the auction day.

    Expert Insight

    • Short sales will oftentimes be converted into foreclosures. Finding properties that are currently in short sale status can be done by using the services of a seasoned real estate professional. Watch these listings as they will oftentimes become foreclosures.

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References

  • Photo Credit legal pad and mechanical pencil image by alpy7 from Fotolia.com

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