Re: Finding pre-foreclosed homes - Posted by Stew(NE)
Posted by Stew(NE) on July 30, 2001 at 10:13:01:
Go to the county courthouse (Registar of Deeds) and asked for a Notice of Default or Lis Pendens Listing.
Now all of these NOD’s will not turn in to foreclosures. But it will tell you who “is in trouble”. By the time it gets in the paper you could already have a lot of your preliminaryt research done. It also depends on how large of county you are in and how mayny NOD’s you get per month. In my county, I get about 20 to 50 listings of these about 10 to 25 will turn in to foreclosures. I tried mailing to all of the people on the preforeclosure list for about 2 months with no response. I think it is just too early. I even talked to a couple of pre-foreclosure in person (no luck). Don’t be discouraged by my results, try everything. Good Luck