Lis Pendens...
ok, i have learned to locate the lis pendens. It gives the address and owner name and who is taking the prop.....it doesnt say how much they owe. Is that info I have to gather? How? And where else should i look to find foreclosures? Thanks
Realtors & Realty Firms
Newspapers, Sunday is typically the best day
Real Estate Magazines. Usually available at supermarkets, book stores, libraries, etc.
VA, FHA, HUD, FHMC and FNMA local offices. These agencies will have a web site on the Internet with homes for sale.
Government auctions – Absolutes
Courthouse / Recorder / Registry of Deeds
Trustee / Sheriff Notice of Sale or Suit
Trustee’s / Sheriff’s Deed Under Foreclosure Sale
Phone Book
Builders
Investment Companies
Property Management Companies
Lenders - REO (Real Estate Owned) departments; check with banks and savings and loan associations
Attorneys – trusts and estates
Just to name a few.
Take a look at:
http://www.thecreativeinvestor.com/modules.php?name=News&file=article&articleid=812
http://www.thecreativeinvestor.com/modules.php?name=News&file=article&articleid=790
http://www.thecreativeinvestor.com/modules.php?name=News&file=article&articleid=789
http://www.thecreativeinvestor.com/modules.php?op=modload&name=Forum&file=viewtopic&topic=34895&forum=18
http://www.thecreativeinvestor.com/modules.php?op=modload&name=Forum&file=viewtopic&topic=28958&forum=18
I have found that all types of legal notices has been a great source for my transactions:
Trustee’s Sales
Sheriff’s Sales
Probate Court
Law Suits & Judgements
Bankruptcy Petitions
Deeds Recorded
Tax Liens Filled
Utility Hook-Ups
Building Permits
Circuit Court Notices
Corporate Notices
Zoning Notices
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