The news media is constantly referencing the historic volume of foreclosures, but is short on specifics about how to find a deal on a foreclosed home or get information about homes in your area. A total of 336,173 foreclosure filings were reported nationwide in June. Foreclosure activity increased nearly 11 percent from the previous quarter and a 20 percent increase from the second quarter of 2008. There is definitely opportunity out there if you are looking to buy a home or invest in real estate.
One of the best sources of foreclosure information is RealtyTrac. The even offer a FREE Trial. RealtyTrac publishes the country’s largest, most comprehensive foreclosure database, with more than 1.5 million default, auction and bank-owned homes from across the country. RealtyTrac collects and aggregates foreclosure data from more than 2,200 counties, and is the foreclosure data provider to MSN Real Estate, Yahoo! Real Estate and The Wall Street Journal’s Real Estate Journal.
- More than 1.5 million current foreclosure and pre-foreclosure properties
- Daily e-mail alerts and property updates
- 24/7 Support Center and educational tools
- A wide range of property valuation, transfer and title reports