"Foreclosures up, home sales down"
It's been all over the headlines for the last several weeks. In some states, like Tennessee, foreclosures are up more than 147%.
This is GOOD news for real estate investors. With the booming housing market, it's been harder and harder to find good real estate deals. An increase in foreclosures will help alleviate that issue.
Today I launched a new website called FreeForeclosureDatabase.com The goal of the site is to help investors find Foreclosures. The site is 100% free to use, there's no registration required. Just click on the state you want to search and view the listings.
Make sure you check out the listings in and around your area. You might just find a diamond in the rough! www.FreeForeclosureDatabase.com.
As a side note: Websites with foreclosure databases are nothing new. In fact, there are at least half a dozen sites dedicated to foreclosure listings. The catch with these sites is that they charge you just to view the listings. Many of them offer a "7 day Free Trial" but you have to give a credit card just to take the "trial" and if, by chance, you forget to cancel you'll be billed every month.
Foreclosure data is in the public domain. I just want to make sure the public has easy (and free) access to it for a change.