Free list of foreclosed homes

I've looked at these before too and yes, they always want money. The list is usually free, but it will give you very minimal information only (price and town, or somesuch), but then you have to pay to get further information.

I just had a book from the library that explained how to find foreclosures and went through the whole process from start to finish. One of the first things it said was that if you are not a homeowner already, you shouldn't be looking at this as an option.

If the home is foreclosed on and has back taxes, you should be able to find that information free from your county tax office. You can also watch the newspaper, because most states require it to be published before they can actually complete the foreclosure.

Also, most foreclosures actually go to auction, and if you want to bid, you have to have a certain amount of earnest money in hand and a pre-approval (at least) from the mortgage company, not just be pre-qualified.

Check your library for a book or talk with a realtor that is familiar with the process in your area.

Sweet Lish I haven't heard of this before and I am afraid that there are huge differences between the way things are done here and over there! Wish I could be more help but at least you know you have my support and prayers! xxx

I am going through this as well. I am hoping to buy a foreclosed home by January of 2010 (so a little over a year). I am going to spend this next year saving and shopping around. Everyone says that you should contact a realtor, because they get this information free, and they will be able to assist you the best. I feel kind of silly trying to get a realtor when I know I won't be buying a house until at least a year from now, but I will probably get one in a few months just to talk to them and see what my options are, as well as talking to my parents. Super excited!