Updated over 19 years ago on . Most recent reply
Foreclosure listings advertised in newspapers?
In my local paper in the real estate section there is always a couple ads that look something like the following ...
FORECLOSURE
$19,900! 5 bedroom,
2 bath [b]For lisings:
1(800)XXX-XXXX X GXXX[/b]
I finally called one of the ads and it was answered by a telemarketing firm (could hear all the chatter in the background). They called themselves Bargain Network, offering listings of automobiles and home listings of foreclosures, repossed and FSBO's. They provide a listing of these properties for a fee. He said $1.95 for the first week then $9.95/week thereafter until canceled.
Based on what they show on their website the listings look almost exactly the same as what you'd find at foreclosurelistings.com, rehablist.foreclosure.com, and other such sites. I seriously doubt any of the listings they can give will be ones that are new and haven't already been picked over by other investors.
Anyhow I was curious if anyone has tried one of these services that was listed in the newspaper? Thanks.