Welcome to Foreclosure Help Guide
Foreclosure Help Us Article
. For a permanent link to this article, or to bookmark it for further reading, click here.
Free Foreclosure Listings
from:There are web sites that offer free foreclosure listings. This is a valuable resource when looking to save money by purchasing a foreclosed home. Most foreclosed homes are not listed as such on a standard real estate listing. These free foreclosure listings save valuable time when trying to locate the foreclosed properties in a given area. Because they have only foreclosed homes listed, most of the locating work has been done for you. By deciding to purchase a foreclosed home at a lower than value price, you have decided that saving money is important. That is the same with finding the home using free foreclosure listings.
Most paying sites do offer free trial periods. This allows you to access the same information as the paying member but for a limited period of time. You can gather a lot of valuable information and locations of these foreclosed homes in a few days. The drawback of relying on the free trial period is that new homes are added to the list daily. By having a limited time period, you may miss listings that interest you after your trial period expires. Most sites require that you enter credit card information upon registering for your free trial. If you do not actively cancel your registration at the end of the trial period, your credit card will automatically be charged. Many people access multiple sites and take advantage of the free trial period of more than one of these. Some of these different sites are hosted by the same company, so caution must be used when doing this. If you encounter a few of these sites, your free trial period may be denied. It is possible to have access to these free foreclosure listings, however caution must be used or you will end up paying for the service.
Homes with FHA insured mortgages that end in foreclosure become property of the government. The US Department of Housing and Urban Development (HUD) handles the sale of these homes. There are web sites that offer free foreclosure listings consisting only of HUD houses. Since these homes are owned by the government, the listings are available to the general public for free. HUD also offers additional incentives to home buyers that are in certain occupations. As part of the Good Neighbor plan, police officers, fire fighters, teachers, and emergency medical technicians can purchase these homes for an additional 50% off the asking price. This program helps to bring revitalization to neighborhoods by bringing in “good neighbors”.
When considering purchasing a foreclosed home, it is imperative that you check out free foreclosure listings. Having a comprehensive list of available properties in a given area makes the process of purchasing one of these homes significantly easier. When these lists are able to be accessed for free, it becomes more valuable.
Foreclosure Help Us News
Governor Ted Strickland is Helping Residents to Avoid Foreclosure in Ohio
With many initiatives to promote processes where residents can get real financial help for preventing foreclosure, Governor Ted Strickland has been diligent in creating solutions! Contributor: Michael MrTechnical Hewitt Published: Sep 24, 2010
Read more...AG Coakley says HomeCorps program will help repair damaged caused by the foreclosure crisis
Massachusetts Attorney General Martha Coakley on Wednesday unveiled one of the first foreclosure-prevention programs in the nation that uses proceeds from a landmark settlement with five major US banks to help struggling homeowners. HomeCorps will offer counseling and grants worth $16 million to Massachusetts homeowners, and another $10 million in grants to individuals and communities combating ...
Read more...Obama touts reelection bid in foreclosure epicenter
President Barack Obama stood at the epicenter of the US foreclosure crisis threatening his reelection Friday, sending a call to Congress to act from a neat street in swing state Nevada.
Read more...US foreclosure trends improved April, but state-level data point to more repossessions ahead
National foreclosure trends took a positive turn in April, as the number of homes seized by banks declined and fewer properties entered into the foreclosure process.
Read more...Experts say now is the time to buy, even for foreclosure victims
They're the unlikely buyers in today's housing market, but there's no doubt about it, foreclosure victims are making a surprising comeback.
Read more...