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Account Closed
  • Real Estate Agent
  • Boston, MA
0
Votes |
3
Posts

Help finding foreclosures!

Account Closed
  • Real Estate Agent
  • Boston, MA
Posted
Hi everyone, I am currently looking to buy a single family home in the Boston, Greater Boston area. I'd imagine foreclosures are the best place to look for the best prices. Any suggestions on where to look(online, in person, etc.) in order to find the best deal I can Any help is greatly appreciated!!

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Jarran Thomas
  • Real Estate Agent
  • Lexington, KY
3
Votes |
9
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Jarran Thomas
  • Real Estate Agent
  • Lexington, KY
Replied

@Account Closed I would check out the following link for a start. It's a list of banks where you can search for different REO properties in your area. Enjoy!

https://www.biggerpockets.com/rei/bank-owned-reo/

  • Jarran Thomas
  • User Stats

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    Mike Hurney
    • Real Estate Investor
    • Boston, MA
    542
    Votes |
    2,268
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    Mike Hurney
    • Real Estate Investor
    • Boston, MA
    Replied

    @Account Closed I'd break down Boston to areas where you'd like to find your deal.

  • Mike Hurney
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    Account Closed
    • Real Estate Agent
    • Boston, MA
    0
    Votes |
    3
    Posts
    Account Closed
    • Real Estate Agent
    • Boston, MA
    Replied

    Thank you for the link Jarran, I will certainly spend some time looking through those foreclosures.

    And it looks like I'll need to narrow my search too Mike.

    Thanks!

    User Stats

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    3
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    Don Wede
    • Investor
    • Spring Valley, IL
    3
    Votes |
    43
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    Don Wede
    • Investor
    • Spring Valley, IL
    Replied

    Here are some possible options:

    -Major Website Banks

    -Hire an agent who specializes in foreclosed homes.

    -Driving through the neighborhood and try to find Real Estate Signs (Ex. Foreclosure, Bank-Owned)

    -Government Agencies
                          -Department of Housing and Urban Development
                          -Department of Treasury

    -Auction Houses

    User Stats

    453
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    254
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    Sean Carroll
    • Investor
    • San Jose, CA
    254
    Votes |
    453
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    Sean Carroll
    • Investor
    • San Jose, CA
    Replied

    @Don Wede Where would you find auction houses? Also do you have any experience in buying a house for auction?

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    Don Wede
    • Investor
    • Spring Valley, IL
    3
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    43
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    Don Wede
    • Investor
    • Spring Valley, IL
    Replied

    @Sean Carroll I have bought to my recollection two property at foreclosure sales. I think I attended two more and was overbid. Never has been a favorite way to acquire property. To much competition.