Several resources are available for finding local home foreclosure listings, including foreclosure websites, county recorder’s office records, bank websites, auction houses, government agencies and local real estate agents, according to U.S. News & World Report. Homes reclaimed by banks or lenders through foreclosure often are sold for bargain prices.
One of the most efficient ways to gain access to foreclosures is through a local real estate agent, according to About.com. Real estate agents have access to a comprehensive property database called Multiple Listing Service that unlicensed individual home buyers cannot use. This database houses details about every home listed for sale by a real estate agent, some of whom specialize in foreclosures.
For buyers who prefer to do the searching on their own, websites such as Foreclosure.com and Realty Trac provide a list of foreclosures for a fee, states About.com. Buyers looking for a free list of foreclosures have to check multiple sites and agencies to get a full list of what is on the local market. Major banks such as Wells Fargo, Chase and Bank of America as well as the government agencies HUD and Fannie Mae maintain online lists of the foreclosure properties available. Local county offices also keep records of all foreclosures, and some, but not all, even provide an online database of the available properties.