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Q: What is a Foreclosure?
A: A Foreclosure is a property that a lending institution has taken back from a borrower who did not pay his mortgage.

Q: How many bank’s Foreclosures do you list?
A: The records are gathered from hundreds of lenders including banks, mortgage companies, holding companies, asset management companies and many others.

Q: How long do listings stay on the Foreclosure site?
Property listings remain on the site until they are sold.  In some cases, properties remain on the site until the lender removes them.

Q: How many Properties are on the Foreclosure site?
There are hundreds of thousands.  Listings are updated all day long.

Q: How often do you update the Foreclosure list?
We update our listings 24 hours a day 7 days a week.

Q: What information can I see for each property?
Property Type, County, City, Address, Zip Code, Price, Total Rooms, Bedrooms, Bathrooms, Lot Size, Taxes, Garage, Contact Name & Phone, Location, Area Map, plus Photo.

Q: Sometimes I don’t see a picture in the listing. Why is that?
Some listings are so new that the photo has not been supplied yet.

Q: When I find a property I like, what’s my next step?
Call or email the person listed who is handling the property for the lender.  Make an appointment to see the property or make an offer.

Q: Do I need all cash to buy a bank foreclosure?
No, in most cases that won't be necessary.  Although you'll need an earnest money deposit to accompany your signed contract, and a down payment toward the purchase, you can obtain financing for the balance.

Q: Should I have a pre-qualification in place to buy a home?
Yes!  You should have a pre-qualification in place.  If you are not pre-qualified, click here.  Having all your financial information available will help the process move more quickly.  If you do not have a pre-qualification, your offer may not be considered and you could lose the property to another buyer.

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