Keep Your House Away From Foreclosures List
Foreclosures listings have become one of the important tools of investors in the foreclosure market. Through foreclosures listings, investors and bargain hunters can choose the properties that fit their needs and budget
There are various types of listings; foreclosure auctions listings, pre foreclosure listings and bank foreclosures listings
Pre Foreclosure Listings
This list consists of properties that can be directly purchased from homeowners who are in the pre foreclosure stage. This stage means that the delinquent homeowner has already received notices of default but the property is not yet under the foreclosure process.
Many homeowners who chose to sell their properties while not yet under the foreclosure process do not want to destroy their credit history so they would rather dispose of the troubled property to have some cash to pay their debts.
Foreclosure Auction Listings
This list consists of properties that have been foreclosed and are put on the market for sale. Lenders chose to sell repossessed houses at auctions to recover their investments. Properties sold at auctions are popular among bargain hunters because of their low prices. However, there are risks involved in buying at auctions and buyers should be responsible enough to study these pitfalls.
Bank Foreclosures Listings
The properties listed are recovered by banks from homeowners who renege on their loans. After taking over distressed properties, banks sell them in the open market to recoup their investments.
There are other foreclosures listings available for searching by potential homebuyers. They could find properties on government foreclosure and tax foreclosure listings. Government foreclosure listings included properties supported or guaranteed by government agency loans. Meanwhile, tax foreclosure listings featured properties repossessed due to non-payment of property tax by home owners.
Find Foreclosed Homes by Top Cities
Quick Search
| Select a State: | Select a County: |
| Select a City: | Or Type your Zip Code: |
Mortgage Rates
| National Overnight Averages | TODAY | +/- | Last Week |
|---|---|---|---|
| 3/1 Year ARM | 3.5% |  |
3.51% |
| 1 Year ARM | 3.37% | |
3.4% |
| 30 Year Fixed Mortgage | 4.99% | |
5.03% |
| 15 Year Fixed Mortgage | 4.51% |  |
4.51% |
| 5/1 Year ARM | 3.53% | |
3.55% |
