Pre-Foreclosed Property
When a homeowner defaults on his mortgage but hasn’t yet lost title to his property, it is considered “pre-foreclosed.” If you seek a deal that potentially could be better than what you’d get at auction, pre-foreclosed property is an attractive option. The homeowner is in danger losing his property and faces a significant blemish on his or her credit rating, so he very motivated to transact a sale. The key is buying this way is locate and him and make a suitable offer before your “competition” does!

Foreclosure Homes
Foreclosed properties are those seized by lending institutions and government entities when homeowners default. These homes are almost always available for considerably below market price. Our database--compiled from lenders and government agencies—gives you easy access to thousands of distressed properties. There are bank-seized properties, FDIC auctions, HUD homes and many more.

Bankruptcy-Related Homes
When someone declares bankruptcy, sometimes their property is seized by the courts as part of bankruptcy proceedings. Our listings let you find bankruptcy properties at a well below of the “going” price.

Tax Liens
A claim placed on property for non-payment of taxes is called a tax lien. The lien must be satisfied by the deed holder—which could be you if you buy the property. So the amount of the lien should be factored into the value of a property at tax lien sale. Agents, investors and buyers use lien information to pinpoint properties that may become available for sale at discounted prices.

Properties For Sale by Owner (FSBO)
“FSBO” properties are often sold so the owner can avoid paying a commission to a real estate broker. You can benefit from this by taking advantage of a seller’s flexibility an thus get a bargain price on a home.

Fixer-uppers
Our database also includes “fixer” home that are more in need of repair than others. They may even be uninhabitable as-is. If you’re prepared do the “fixing” these homes can be acquired at a considerable discount. There is an entire sub-industry of people called “flippers” who specialize in buying and selling these houses.