“Life is a comedy for those that think and a tragedy for those that feel” – Horace Walpole
Many real estate pro make majority of their income by purchasing pre-foreclosed homes and flipping them for massive profits. Many pre-foreclosed homes are sold at price below the marketing value. How can you get one of these deals before anyone else does to either make profits or buy a dream house at incredible lower price. The secret is to check foreclosure listing, as many as possible, as frequently as possible.
There are two different types of Foreclosure Listing:
- Free foreclosure listing
- Paid foreclosure listing
Free foreclosure listing are usually limited for a short period of time with limited properties information. The free listing is usually offered on a 7-day trial account, after which you will need to pay subscription fees to continue the use of their services. During trial period, you are limited to a small section of pre-foreclosed homes or limted housing information. However, it is always the best practice to sign up a free trial account, try it out and see for yourself if the listing is worth a full membership.
Paid foreclosure lising is probably the most common foreclosure sites you have already seen over the Internet: a membership fee is required to access the internal database which contains better quality foreclosure homes as well as rich properties information you MUST read before any purchase. Many paid foreclosure listings offer a free trial account with full access, e.g., Foreclosures! , Realtytrac. Also, some paid foreclosure listings may be scam that you should learn to avoid. Here is a list of popular foreclousre listings over the Internet.
But if you really do not want any paid foreclosure listing, there are always some ways to find out 100% free foreclosure listing. Most free foreclosure listing can be found through search engine: a real estate agent website, a forum or a website like us.
The key to great foreclosure deals is to come up with unique ways than your competitors to find foreclosure listing before other real estate investors and wanna-be home owners.