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Updated almost 4 years ago on . Most recent reply

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126
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34
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Evan O'Brien
  • Sayville, NY
34
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126
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Finding Foreclosures and Properties for Auction

Evan O'Brien
  • Sayville, NY
Posted

Where would be the most appropriate place to search for Foreclosures and properties that are to be sold at auctions? Would county and state websites be a great place to start? Any suggestions would be greatly appreciated!!

Most Popular Reply

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303
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Marty Boardman
  • Real Estate Investor and Instructor
  • Gilbert, AZ
332
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303
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Marty Boardman
  • Real Estate Investor and Instructor
  • Gilbert, AZ
Replied

Each state has their own legal process for initiating foreclosure. Your search will begin in the county where the property is located (either the county courthouse or recorder). The document you're looking for is sometimes called the notice of sale, notice of foreclosure, notice of trustee's sale. This notice typically contains the owner name, attorney, lender and place/time of the auction. The notice may also contain the principal amount of the loan and/or the judgment amount.

Some counties have this info online, small rural counties usually don't so you'll have to visit them in person and access their records. Remember, the more difficult it is to obtain this info the better! It means less competition. Best of luck to you Evan!

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