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Foreclosure Loan Article
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Free Foreclosure Listings: Where to Look and What to Avoid
from:The Internet is a wonderful place to look for real estate listings for just about any kind of property that you choose to purchase. You may look for brand new homes and property just build, or older homes and residential and commercial property. You may also find pre foreclosure and foreclosure listings as well. However, many of these sites do charge a fee for their listings. Before actually paying for listings for the type of property you desire, why not investigate the myriad of listings that are offered for free.
Anyone in the business of purchasing foreclosure property will already know the value of saving a dollar. Saving yet more money by looking for free foreclosure listings will also become a tool for use in an investor’s foreclosure portfolio. Different websites will offer different free foreclosure listings and many have large databanks to choose from.
Some websites cater to certain geographic locations while others will include free foreclosure listings in all the 50 states.
If you have a particular interest in the states of Florida, Texas, or New York, you may want to check out the free foreclosure listings at: http://www.freeforeclosuredatabase.com/ They do offer a database of free foreclosure listings and pre foreclosure listings for the other states as well.
Some websites will not only offer free foreclosure listings, they will also provide the property records for foreclosure mortgages across the United States. http://www.homemortgageforeclosures.com/ provides, property records, free foreclosure listings, home foreclosures, tax foreclosures, and HUD foreclosures. Homemorgageforeclosures.com adds hundreds of new free foreclosure listings daily. It would be worth your while as an informed investor to check the site daily for new potential personal use or income producing property.
The website www.foreclosure.com specializes in bank owned properties (REO).
Do not mistake www.foreclosure.com, with www.foreclosures.com which is another Internet website that offers auction listings, government HUD listings, pre foreclosure listings, bank (REO) listings, home foreclosure listings and foreclosure law information. They also have a foreclosure dictionary to help you familiarize yourself with the terms. This site offers you information on how to get started and a tutorial to assist you in learning the steps involved for getting the information and the business opportunities that you desire. To add to this repertoire of knowledge is that fact that they have a section on testimonials and websites to avoid. They will show you how to file a complaint if you have been scammed by any website in your foreclosure property search. The downside is that though they do offer free foreclosure listings the grace period ends in seven days, after which you must purchase the listings.
Not only do you have specific websites that specialize in free foreclosure listings you can actually look at a video on the you tube website http://www.youtube.com/watch?v=893QkRxeT3A which will give you a bit of information concerning foreclosures and offer a website which connects you to free foreclosure listings on bank owned real estate (REO).
Foreclosure Loan Specific links
Foreclosure Loan News
Foreclosure filings up in Philadelphia region
Philadelphia and Pennsylvania, along with New Jersey, saw higher rates of foreclosure filings in April from a year ago, RealtyTrac reported Thursday.
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The Homeowners Consumer Center has endorsed the law offices of M.E. Ludt for any US homeowner seeking assistance with a loan modification, mortgage workout, foreclosure defense, or pre-foreclosure related issues. The group says, "With so many non attorneys offering these types of services, we fear many desperate homeowners pay for something they never get. The Law Offices of M.E. Ludt ...
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The City Council's Rules Committee Wednesday directed the city attorney to draft an ordinance that would require banks with which the city of San Diego does business to submit annual data on loans, foreclosures and other issues.
Read more...Florida foreclosure case could slam banks
NEW YORK (Reuters) - The Florida Supreme Court is set to hear oral arguments Thursday in a lawsuit that could undo hundreds of thousands of foreclosures and open up banks to severe financial liabilities in the state where they face the bulk of their foreclosure-fraud litigation. The court is deciding whether banks who used fraudulent documents to file foreclosure lawsuits can dismiss the cases ...
Read more...Foreclosure Threats Even After Loan Modifications
A Port Saint John family thought they had avoided disaster after a loan modification was approved. But a year later, they claim, Bank of America is foreclosing on their home even though they haven't missed a mortgage payment since the modification. Billie Whaley posted three signs at her home, all attacking Bank of America. One reads: "Please help us. Bank of America is trying to steal our ...
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