Astoundingly, currently one in every 20 houses in the USA is in foreclosure! This means every time you drive down a street, one or more of the houses you pass in that street will be at some stage of foreclosure. But which ones? The only way to find out where these properties are is to understand how to get foreclosure listings. You need to get your hands on them as early as possible if you want to beat the competition.

Remember that foreclosures have been around as long as realtors, mortgages and real estate brokers. But with the recent collapse in the sub-prime mortgage business, there are a lot more of them - AND they have made the headlines in a big way. So this means there are also a lot more people who have realized that buying a foreclosure could be a good idea.

Your most important weapon is your foreclosure leads. Check listings in the county recorder's office (if you want local ones) or on a good foreclosure web site which is updated at least twice daily, if you want to look further afield. Remember you need to get ahead of the competition if you want the best bargains!

This is an understandable reasoning, as we have run across homeowners who are looking for foreclosure advice only so that they know how long they can stay in the house. Some of them have already planned where they will go once the house is scheduled for eviction, but they want to continue living in the foreclosed house for free until the last second.

More info on your stop foreclosure information search:

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