Posts Tagged ‘foreclosures’

How to find foreclosed homes

Posted December 3, 2008 by Bernz

If you have the capital to make a home purchase or can get a mortgage loan you might want to consider buying a foreclosed home. Chances are you’ll have plenty of luck finding a home in foreclosure as there are about 8 million homes with negative equity and millions of home owners owe more on their house than what the house is actually worth.

First, all you might need to do is walk around your neighborhood, especially if you live in Atlanta, Miami, or Las Vegas, as these cities have the highest foreclosure rates in America.

Other ways to find foreclosed properties are:

Check with a local real estate agent. They’ll have a listing for properties in your area. (more…)

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