subject: Foreclosure Listings Resource Found Here [print this page] When the housing bubble burst, bank and mortgage company foreclosure listings soared. An up-to-date foreclosure listing from CreditNowUSA.com is an invaluable catalog of real estate bargains, a must-have for house hunters and real estate investors.
No amount of independent research can compile all information on distressed properties for sale. Most of these are commonly first offered in foreclosure auctions. Though often not widely advertised to the public, foreclosure auctions are an excellent way to buy distressed properties directly without dealing with realtors. Foreclosure listings available from CreditNowUSA give you the insiders advantage to locate properties at pending auctions.
Foreclosure listings also include real estate placed directly on the public market by the bank or lender. Often known as REO (real estate owned) or bank-owned homes, these are major money-losers for the banks, who must assume costs of upkeep and taxes until the homes are sold. Banks are highly motivated to dispense with these properties as fast as possible. Frequently, they are more focused on averting further loss than reaping a profit from the sale. Therefore, some REO properties may be acquired for up to 60 percent below market value.
Many worthwhile real estate opportunities are passed up simply because of a lack of information. The key to taking advantage of these home-buying or investment opportunities is knowledge. You need to know whats out there and what its worth in the current climate. Foreclosure listings available from CreditNowUSA.com help to fill in the blanks and arm you with knowledge you need to find the best deals. Our site provides you easy online access to a foreclosure listing database targeted to your specific geographic area. Each foreclosure listing includes complete information on the property including address, description of the home, square footage, photos, asking price and contact information for the seller.
Foreclosure listings from CreditNowUSA do the initial leg work for you. Then, you make your best deal. Whether youre investing for the short term or purchasing your dream home, foreclosed properties and foreclosure listings from CreditNowUSA.com are the logical first step.
For more information, go to Foreclosure Listings at http://www.creditnowusa.com/Foreclosure-Listings