Buying Foreclosure Lists

By: Joseph Smith


There are many people taking advantage of others that are looking for low priced homes that they can get at a great price. They may have qualified at a low price so they want the biggest house possible for their price. This prompts them into buying foreclosure lists to find homes that are really low priced.

Homes in the process of foreclosing and that have already foreclosed are public information. You donít have to ever pay a dime to get this information. This public information can be found in places like the local newspaper public notices, the lenderís website, and from the local county. All of these outlets provide free information about homes that have foreclosed, who the bank is that owns the property, and much more.

There is no reason to ever pay money to buy lists of foreclosures. When you pay money you are giving it away to someone who is a scam artist preying on others. The worst part about it is that the majority of people charging others for lists of foreclosures usually give a list that is not even valid. The homeowners may have missed a payment in the past but they are not currently in default or did the home ever even end up at an auction. You end up with a bogus list of homes that is no good to you and you are out of money.

There are hundreds of websites and people making a business from charging others who are buying foreclosure lists. Donít fall for this scam. Be smart and get your list of homes that have foreclosed from the public agencies that would really have them. Donít be lazy and pay someone because that is ridiculous and you are just throwing your money in the trash. Make sure that you get the information for free. Go to the bankís site, the county courthouse, or the public notices in the local newspaper.

You should never purchase lists of foreclosures because chances are good the lists are no good and you are getting ripped off. Never pay for free public information. This is only a scam. There is no valid agency out there that will charge for lists of foreclosures.

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Joseph Smith has been educating buyers on the finer points of Buying Foreclosure purchase at ForeclosureDeals.com for over ten years. Click here to visit and read more advice on finding Cheap Homes.

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