For years people have been consulting classified ads, realtors and country courthouses for foreclosure homes for sale but now there are several government foreclosure listings in the Internet that offer more timely and accurate data on distressed properties.
A personal computer with Internet access, plus a phone line is all you need to get started on your search for foreclosed properties sold by the government. Government foreclosure listings score high on convenience and speed. You can save precious time and money if you log on to these sites.
Official Web Site of the HUD
The U.S. Department of Housing and Urban Development is the lead agency for everything that has to do with housing. The agency’s web site is replete with information and leads to government properties for sale. The site also features valuable information on the housing sector such as trends and other developments.
Other Online Foreclosure Sites
Apart for the web site of the HUD, there are several sites offering searchable listings of all types of foreclosures. Some of these sites offer their services for free while others charge for subscription. These sites have powerful search functions that enable users to filter their search to yield only the properties that meet their requirements.
These sites likewise offer other tools such as a mortgage calculator and an email notification service. One does not have to be computer savvy to work their way through these web sites as they have been designed specifically to improve the buying experience. All the properties listed will have relevant information that buyers can use when assessing their options. Each home will have a detailed description including the number of rooms, the exact location, the contact details of the property manager and even images of the home.
Shopping for homes with government foreclosure listings can turn even new buyers into experts in a short period of time. The information they provide can have a positive impact on a buyer’s decision making.
John Cutts has been educated in the finer points of the foreclosure market over 5 years.