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Updated almost 10 years ago on . Most recent reply

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Shaun Palmer
  • Rental Property Investor / Construction Manager
  • Raleigh, NC
103
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201
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Best Foreclosure Websites

Shaun Palmer
  • Rental Property Investor / Construction Manager
  • Raleigh, NC
Posted

Hello BPer's

I am taking a look at some properties in the Raleigh area and am starting to look at Foreclosures. It seems that there are a lot of sources to find Foreclosures but they all have a cost to them.  Rather than try them one by one, I am wondering if anyone can provide some input on the following sites.  Thanks in advance

Website Cost
https://www.hudhomesusa.org/signup.html $49/month
https://www.foreclosure.com $9.95/week
http://www.realtytrac.com $49/month
https://www.equator.com Free
https://www.homepath.com Free? lists properties owned by Fannie Mae (acquired through foreclosure). Besides listings, Fannie Mae's site also offers two types of financing: the HomePath mortgage, which allows as little as 3% down, and a renovation mortgage, which finances both your purchase and a "light" renovation.
https://www.homesteps.com Free? lists properties owned by Freddie Mac. Buyers of a Freddie Mac home that they plan to live in may qualify for a two-year home warranty and a discount of up to 30% on new appliances.

Most Popular Reply

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Carolyn Mitchell
  • Real Estate Agent
  • Pottstown, PA
4
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13
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Carolyn Mitchell
  • Real Estate Agent
  • Pottstown, PA
Replied

It is always good to stick with the free sites. The information coming from Fannie Mae, Freddie Mac, and auction.com are the most up to date so it makes little sense to pay extra. 

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