Where to Buy Foreclosure Properties? List of Websites to Sign Up For
Searching for your dream home or a savvy investment opportunity? Foreclosure properties for sale provide an opportunity for a more affordable piece of real estate.
Let’s be honest: foreclosure is far from a celebration – it often marks the moment when homeowners face financial hardships. But every foreclosed property still holds the potential for a fresh start, and that’s where you come in. These properties often catch the eye of home flippers who see them as blank canvases for renovation and profit. So, where do you find them?
Well, we’ve listed the best websites that curate online listings of these foreclosure properties, connecting you to chances that can give a foreclosed home a second shot at glory.
Free Foreclosure Properties Websites
1. Equator
Equator, a well-known real estate website, offers rich information about foreclosed properties, including those currently on the market. This platform allows you to tailor your search to specific zip codes. Also, it provides versatile property search options, such as by property type, price range, the number of bedrooms and bathrooms, and even the potential return on investment yields.
2. Zillow Foreclosure Center
Zillow Foreclosure Center is embraced by both home sellers and buyers as it boasts its own dedicated search platform for foreclosure listings. Here, you can customize your search method, fine-tuning it to your preferences by filtering according to price or location.
3. Auction.com
With Auction.com, you can find a diverse range of foreclosed properties at different process stages, either in-person or online auctions. It allows you to explore REO bank-owned homes, short sales, and other properties caught in the foreclosure process, with auctions that involve competitive bidding among potential buyers vying for their desired foreclosure properties.
4. Realtor.com
Owned by the National Association of REALTORS® (NAR), one of the most precise online listing platforms, Realtor.com is a reliable hub for Multiple Listing Service (MLS) foreclosure listings. Signing up for a free account allows browsing foreclosure properties in your preferred location.
5. Mashvisor
Discover your ideal investment opportunities by exploring off-market properties with Mashvisor. This free foreclosure website offers many options, including foreclosures, tenant-occupied rentals, and more. Use handy property filters to refine your search and pinpoint listings that match your criteria.
6. HomeSteps.com
Operated by the Federal Home Loan Mortgage Corporation, commonly known as Freddie Mac, HomeSteps.com showcases foreclosure properties that Freddie Mac is actively offering to investors and potential home buyers. Homes featured on this foreclosure website are an excellent choice for individuals seeking well-maintained homes at a reduced price point.
7. HomePath.com
HomePath.com, operated by the Federal National Mortgage Association, commonly referred to as Fannie Mae, provides an extensive and complimentary listing platform for thousands of foreclosed homes that Fannie Mae is currently making available for sale. These HomePath properties are particularly well-suited for first-time homebuyers seeking affordable options and flexibility in choosing their ideal location.
Paid Foreclosure Properties Websites
8. RealtyTrac.com
RealtyTrac boasts an extensive database housing an abundance of foreclosure and distressed properties. While primarily tailored to cater to the needs of real estate investors, homebuyers can still leverage a free trial period to explore foreclosed homes in their desired locations. Following a complimentary 7-day trial, users can opt for a monthly subscription at $49.95, with attractive discounts for those considering multi-month packages.
9. Foreclosure.com
With over 1.8 million listings, Foreclosure.com is one of the largest resources for off-market properties. While searching for listings is free, those looking to place bids or contact agents must subscribe at a monthly fee of $39.80. Subscribers gain access to comprehensive property details, tax roll data, lender-provided documents, information about local school districts, and other valuable listing specifics.
10. PropertyRadar
PropertyRadar is your comprehensive data partner, simplifying your property search with various search options, including address, city/zip code, county, or radius. With their extensive database, you can access nationwide foreclosure auction data, public records, and more. It offers two pricing editions, ranging from $59 to $99, catering to diverse budgets. If you’re unsure, you can also take advantage of their free trial, allowing you to explore their offerings without any upfront commitments.
Searching for your dream home or your next savvy investment just got a whole lot easier. With these awesome websites at your fingertips, finding foreclosure properties is as simple as swiping right on your favorite app.