A question that gets asked every day...where are all those good deals on foreclosures I hear about in the media? I can't find anything in Columbia that is screaming I'M A STEAL!! Well, while Columbia did see some affects from the housing bust, we didn't suffer so much like the other parts of the country. This mainly is due to the fact that we didn't have the crazy inflation in housing prices like California, Arizona, Florida & Nevada, among others. While we don't see homes listed for 50 cents on the dollar, there are still some good deals out there. They are just a little harder to find!
How do I find them? What are all these different sites asking me to pay for foreclosure info? Why does Zillow have foreclosures listed and I can't find them anywhere else? A lot of the websites that are claiming to have foreclosure houses listed are actually obtaining Recorder of Deeds information. The properties have not been listed yet, and therefore, are not available. Almost all banks that have taken on foreclosed property are listing the houses by a real estate agent to open them to the public and get closer to fair market value. On the other hand, a lot of times the other websites are also out of date--if that foreclosure sells in record speed, like the good ones usually do, they don't update fast enough to show that sale. In short, sometimes the websites that seem to have all the info, might not have the most accurate info.
Want help finding those foreclosures, or just want to get an updated list once in a while to keep an eye out? Shoot me an email (jessica@craneandcrane.com) or message, and I'll be happy to put you on the free foreclosure list. No junk/spam mail, I promise! JK
Great information Jessica!
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