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finding foreclosure listings


zerwas
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Where would you go to find out information on foreclosure listings in your area. Can these also be found online. I have seen many websites that offer that service but would feel more secure getting this information straight from the city and or county. Also what might be some of the advantages and disadvantages of purchasing a foreclosed home? What things should you definatly look out for. Thank you in advance for any info.

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For most counties, you can go to the records area, and there is a listing of foreclosures, as that information is public.

The only drawbacks to buying a home that has been foreclosed on is that they have not been maintained well in most cases, So you will need to be careful about what you are getting into; and that most banks will not do any seller concessions, ie paying closing cost.

Charles

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