Question : How do I learn about foreclosure auctions in my ares and the specification of what is being offered??
As I understand it, there are plenty of homes going into foreclosure right now. I just don't know how to find out about them. I live in Jacksonville, FL. Thanks!Any advice is welcome.
- asked by pinky
All Answers:
Answer #1
See, if you don't know where to look, how are yougoing to buy one? Please ask a Realtor to helpyou. There services are FREE to buyers and you geta wealth of knowledge and experience you don'thave to wait, or research for... people peoplepeople get a clue.
- answered by DJ B
Answer #2
Find your local HUD/FHA office. Most publish aweekly tip sheet of repo homes.But don't thinkyou'll get an automatic bargain. When I worked forHUD/FHA in the mid-nineties, we did a survey ofwhat repo homes sold for, and it turned out to be- on average - 102% of what they were appraised aton the open market.The perception of a getting a"bargain" led to buyers actually paying a 2%premium on repossed homes!
- answered by Frederick M
Answer #3
Go down to your local courthouse and ask the clerkwhere the list of foreclosure auctions are posted.Next go to the list and write down all the numbersto the properties you are interested in. Take yourlist of numbers back to the court clerkand theywill pull the files for you to look at. All theinformation is there for you. If you decide to tryand trackthemdown online you will be disappointedas auction dates change and they may have not hadtime to update online.
- answered by hollywoodmelody
Answer #4
Check your daily local newspaper, classifiedsection also, These will have to do with tax liensales mostly. By the way, not all Realtors haveaccess to HUD homes or even want to deal withforeclosures aka short sales.
- answered by Brina
| 
