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Many short sale investors normally instigate their deals by getting in touch with the homeowners in pre-foreclosure. Yet, most new investors do not know how to find pre-foreclosures so as to make contact. Once you discern how to obtain these homeowners, you will be astounded to know that very few investors work in foreclosure properties. When a homeowner’s bank documents foreclosure papers, the proprietor is informed with a notice of default or lis pen dens. Pre-foreclosures are easy to find but it takes a little research to be able to get the right pre-foreclosure information. Easy tips to help you find free Pre-foreclosure listings These are a number of essential methods you can use to find pre-foreclosures. Searching public records Going through the County Recorder’s Office is a free way of obtaining pre-foreclosure information. When you search through the NOD or the Lis Pendens records you are likely to find recently posted properties that have not reached most online foreclosure data sources. Pre-foreclosure online search Online searches are quit easy than looking for pre-foreclosure information in the Recorder’s Office. Usually you will have to use an online listing service. There are both international and local pre-foreclosure listing services that are available and give property information. Several companies provide great information including their personal details, amount of loan owed, and extra loans outstanding, while other will even give contact telephone numbers. Searching Local Newspapers You can easily find notices of trustee sale in the business journals and local papers. You can also use additional sources such as finding pre-foreclosures through the government agencies or through asset managers. There are other ways you can use to obtain free pre-foreclosure data. You can subscribe to a free pre-foreclosure listing check, either as a news letter using the postal mail, online or sent through e-mail. You can also go through the local papers regularly as many places publish pre-foreclosure information in the classified section. If all the avenues fail search other properties using other means that can help you find the best pre-foreclosure information. More information on pre-foreclosure data is obtained at pre-foreclosure websites.
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