Wednesday, July 11, 2012

Get to Know How To Find Free Foreclosures? ? Real Estate | Raw ...

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The kind of garbage that is being promoted and then sold online is simply amazing, don?t you agree? What is even more amazing is the kind of money one make through it. For instance, take bank foreclosure listings. Do you know how to access them? Do you actually need to subscribe, register, or sign up for seven days free trial, see a foreclosure peddler or make yourself pay per month credit card bills to get an access to foreclosure listings? Certainly NO! It is like paying to have a look at palm trees while you are in Florida.Have you ever given this a thought that from where the big foreclosure websites get these listings? From the Foreclosure Genies? No! They get hold of these listings from the local Realtor board multiple listings feeds. Nowadays, the lenders do not keep the foreclosure listing info propriety or confidential and they want to get these foreclosures off their books as early as they can. Once some property has undergone a foreclosure process and is ?owned? by the lender it becomes listed with an REO approved realtor.Now, from here the listings are submitted to local multiple listing services (MLS) along with other similar listings. From there, they get uploaded to realtor sites and other real estate sources for feeds, gets published and thus become available to common people online. For free. No memberships or decoding techniques needed. Finding free foreclosures listings is quite painless and simple. These steps will show you how to find it. Look for your local realtor board having MLS public access or no registration needed MLS website. Local MLS websites are the origin source of listing info, including free foreclosures. Type in your price and other parameters for search. Check if your chosen MLS lists ?corporate owned? or ?bank owned? as a type of property, or let you search through keyword. If so, then check the box. If the MLS do esn?t allow keyword search or a ?bank owned? search option, don?t lose hope. Free foreclosure notifications are shown in the ?comments? area of these listings 99 percent of the time. It will show something like ?no foreclosures available?, ?sold as is?, or ?bank owned? etc.If you don?t wish to go in the hassle of doing your own online search then just look for any local realtor and ask him to provide you with a list of free foreclosures in your area. All you need to do is ask them.

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Source: http://rawbusinesslaw.com/2012/07/10/get-to-know-how-to-find-free-foreclosures-real-estate-2/

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