How to Find Local Foreclosed or Foreclosure Real Estate Properties

Looking for inexpensive foreclosed home real estate listings? Here's a guide to some of the best free foreclosure search engines and listings online. Find local foreclosure bargains FREE.

Difficulty: Easy

Instructions

Things You'll Need:

• Internet

1. FANNIE MAE OWNED PROPERTY SEARCH
   
   Direct Link Listed in "Resources" below article ~ This search engine is Fannie Mae's own guide to local foreclosure listings. The search can be narrowed by location, price range, and property type. The listings can be sorted by location, type, or price. Access their site by clicking the link in the resources listed below this article, or copy and paste the following address into your internet browser's URL bar: http://www.fanniemae.com/reoSearchApplication/fanniemae/reoSearch.jsp

2. HUD HOMES
   
   Direct Link Listed in "Resources" below article ~ Not a search engine, but a listing of HUD (U.S. Department of Housing and Urban Development) owned homes currently for sale. Sort to your location, but following links. Access their site by clicking the link in the resources listed below this article, or copy and paste the following address into your internet browser's URL bar: http://www.hud.gov/homes/index.cfm

3. IRS REAL ESTATE AND PERSONAL PROPERTIES SALES
   
   Direct Link Listed in "Resources" below article ~ This website lists all IRS-owned homes for sale. It also lists jewelry, vehicles and other property for sale by the IRS. Property is listed by type, with location displayed. Access their site by clicking the link in the resources listed below this article, or copy and paste the following address into your internet browser's URL bar: http://www.treas.gov/auctions/irs/

Tips & Warnings

• Listing change often, so check each site regularly.
• Foreclosure auctions are generally as is/where is transactions. No assurance is given about the quality of the item for sale. No refund is given for dissatisfaction.
• Check with your Financial Adviser before investing in a foreclosed property.

Resources

• Fannie Mae-Owned Property Search
• Hud Homes
• IRS Owned Properties
• More Articles

[GoHUD]

on 10/8/2008 The best source for finding a HUD home is on www.GoHUD.com you can register FREE and you will be able to map the homes and see property inspection reports of the homes. It’s a national search, with the advanced search you can search the nation for homes below a $ amount. They can also help you find a HUD approved Realtor and Lender!

[mattlee]

on 7/11/2008 very informative -thanks

[sexychef]

on 7/9/2008 It certainly is a buyers market. *

[purrfect1969]

on 7/8/2008 I know a lot of people making a killing in real estate now. No, I am not one of them, but wish I was. Great article.

[purrfect1969]

on 7/8/2008 I know a lot of people making a killing in real estate now. No, I am not one of them, but wish I was. Great article.