Free Foreclosure Lists From Banks

When you are looking for foreclosures properties you will come across a choice between free foreclosure lists and paid lists. So which do you choose?

Whilst many people say that you should never waste your time or money buying or subscribing to a foreclosure listing service, the truth simply is that free services don’t have the resources to provide the detailed data that you require to assist you in making such a big purchase as a house is. When you are spending such big money on an investment, you can not be tight pocketed when it comes to your research and data collection. Spending $50 on foreclosure listings pales in comparison to making a mistake on something that potentially costs you hundreds of thousands of dollars.

With that said, you can still get some decent quality free foreclosure lists from certain places. If you are not ready to subscribe to a paid service, consider bank websites as a place to search for foreclosure properties. They will list all properties that they are selling only, so you will need to search multiple banks if you are to get a wide view of the market.

Here are some banks that list foreclosed properties on their website for free access:

Compass Bank
The focus is mainly on Alabama, Texas, New Mexico and Colorado foreclosures

Carolina First
North Carolina, South Carolina and Florida foreclosures

Bank of America
This is one of the larger sites and you can find properties in all states on their website.

National Bank of Arizona
If you are looking for foreclosures in Arizona then don’t miss this website.

Fifth Third Bank
Find properties from most states on their website, but they mainly have Florida and Michigan foreclosures.

First Federal Bank of California
This is the place to go for California foreclosures.

These are some other websites and institutions which provide free foreclosure lists:

America Tax Funding
This company specializes in tax certificate foreclosed homes.

GRP Financial Services
This site tells you which states have foreclosure properties available as well as how many there are.

Once you are ready to subscribe to a listing service, I highly recommend Foreclosures.com as the top spot to find properties.