subject: Top 3 Free Foreclosure List Websites [print this page] Top 3 Free Foreclosure List Websites Top 3 Free Foreclosure List Websites
Foreclosure is a process defined as a situation when a homeowner is no longer able to make payments on his or her mortgage, resulting in the lending agency seizing and selling the property to recoup the remaining mortgage balance. When foreclosure takes place, the bank involved will usually attempt to sell the property at a price much lower than it's market value. This is because the bank does not want to hold the property and attempt to make a profit, but would rather just break even and quickly get rid of the property.
Getting Started with Foreclosures... It's Easy!
There are several foreclosure listings websites available online, however, all of the major listings charge a monthly access fee. This can be avoided by signing up for a free 7 day trial membership, which will allow you to browse all of the available listings before deciding whether or not to pay for a membership.
There are free websites available online, but the foreclosed properties you will find on these listings are usually out-dated and only a small percentage of houses will be listed. The work involved in maintaining a large free foreclosure listings database is extensive, which is why the only listings worth browsing are paid listings.
Browse Online Foreclosure Listings for FREE!
So, you don't want to pay the monthly access fees to view major foreclosure listings? Not a problem. As mentioned before, almost all of the major foreclosure sites currently offer free 7 day trials, which allow you to view all foreclosure listings, photos, addresses, prices, and other details, totally free of charge. After this 7 day trial has expired, you can make an informed decision as to whether foreclosures are right for your needs. Alternately, you can find another major online foreclosure listings services and sign up for another free trial membership to continue browsing for free.
