First service bank foreclosed properties1/11/2024 ![]() HUD has a useful clearinghouse page linking to all the places to find government properties. The IRS, the US Marshals and other federal agencies have auction sites for homes they ended up with through seizure and forfeiture instead of mortgage default. Vicinity maps, lot and floor areas are approximates only. Titles to the properties are either under the Seller’s name or under various stages of consolidation or transfer. Their First Look Program gives preferential treatment to owner-occupiers via the opportunity to purchase for a period of time before investors are able to make an offer. All properties are being offered on an AS-IS, WHERE-IS basis and in some cases subject to existing liens, claims and rights. ![]() HUD ends up with properties from defaulted FHA loans as do Freddie Mac and Fanny Mae. Federal Government: The federal government has several places to look for auctions and REOs.Bank of America and Wells Fargo, among others, have searchable lists of the properties on their books. Loan Servicing Companies: REOs can also be found on some of the major loan service company websites.RealtyTrac offers a free search of foreclosures at all stages, with detailed info through a subscription service. Also, some properties marked pre-foreclosure aren't even for sale the price is simply an estimate based on area sales data and it was included on the website because there's a public notice on file. The first two could be surer bets because the seller's bank is already on board with the sale. Those listed as short sale, pre-approved by bank, subject to bank approval, third-party review required are properties where more is owed on the mortgage than the purchase price. Pre-foreclosure properties will be designated by a bunch of different terms, according to Freddie Mac. You can fashion your own method of searching, filtering by. ![]() Online Real Estate Marketplaces: Pre-foreclosures and REOs can be found on real estate websites like Zillow. The popular website used by home sellers and buyers alike has its own search site for foreclosure listings.Homeowners that are in the missed-payments stage aren't technically in foreclosure yet, so you may never know the homeowner is in trouble by a real estate listing, but a real estate agent can often see what is owed on the property on the MLS. Contact numbers: 5306-3417, 5306-2911, 5306-2912, 5306-3415 Email: Visit BSP SSS Foreclosed Properties Click the button to access SSS Acquired Assets page. You can easily search properties through their advance filter option. The MLS: The MLS will have pre-foreclosures and REOs. BSP Foreclosed Properties BSP offers discounts ranging from 5 to 30 on selected properties.You may also find out that a homeowner is in financial trouble in the missed-payments period through word-of-mouth or social media. Local News Sources: Those initial foreclosure filings are often published in the local newspaper, as are auction notices.You can also check the county mortgage records for what is owed on the property. Check your state laws covering the foreclosure notification process to find out exactly where to look. County Records: Once the foreclosure process has been initiated, it is a matter of public record, as is the notice of sale for an upcoming auction, so there should be a record filed with your county courthouse.
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