How can you find repossessed houses for sale in a specific area?


Quick Answer

Find repossessed houses for sale in specific areas by utilizing websites such as Zillow.com and RealtyTrac.com, ABC News explains. Zillow allows users to filter a search to just list foreclosed properties in a specific are. For RealtyTrac charges a subscription fee after the first week.

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Full Answer

Another option is to look in the legal notice section of the local paper, ABC News advises. Legitimate auctioneers hold the auctions on the steps of the local courthouse.

Banks also list their repossessed home inventory on their websites, ABC News notes. You can search "REO" in the search field. REO stands for Real Estate Owned, and this essentially means the property is owned by the bank.

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