Free Websites For Foreclosed Homes – How to Browse Foreclosures Without Paying a For Membership

If you have been thinking about buying a foreclosed home you have probably run into some trouble finding good quality free online listings. Luckily there is a way to browse all of the biggest foreclosure listings websites without paying a penny in membership fees. Read on to learn how to get started with foreclosures for free!

What are Foreclosures and How Do I Find Them?

A piece of real estate enters the foreclosure process when the homeowner is no longer able to maintain their mortgage payments, resulting in the lending bank taking possession of the home. The bank then attempts to quickly sell the house to recuperate the remaining debt owed from the mortgage. To help encourage a quick sale, they will often sell the home for as much as 20-60% below its actual market value.

The best way to find these great deals on real estate is to use online foreclosure listings. These websites allow you to search through millions of homes, condos, and land, across the United States. Compiling all available foreclosures, and pre foreclosures from all agencies and banks, such as the Fannie Mae, Freddie Mac, HUD, and the IRS.

How to View Foreclosure Listings for Free

The only problem with these big foreclosure services is that they all charge a monthly membership fee for access to their listings; however, you can browse all their information for free by signing up for a 7-day trial membership. These free memberships grant anyone full 100% access to all listings, photos, and prices, for a full week. This is great for anyone who is just getting started and wants to see what is available in their local area.

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