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Bank & Property Foreclosure Auctions

Visit the Sites that Scored Best Now: (Reviews below)
Foreclosures 1st Choice: RealtyTrac & 2nd choice: GovernmentAuctions.org

* See Foreclosure Listings now?  Foreclosure Listings

Bank Foreclosure Auctions and Tax Sale Properties offer a way to acquire their homes at incredible prices, sometimes saving as much as 30% to 90% on the price of their home. For first-time buyers or investors looking to profit from buying, renting out or flipping real estate, foreclosures, preforeclosures and tax sales are the answer.

Pre-foreclosures are homes or property that are about to go into foreclosure. This is where some of the best deals can be made, before they are seen by every real estate broker and buyer on the planet. These are generally negotiated directly with the owner, who is eager to avoid the hassles of foreclosure.

Tax lien and tax deed tax sale properties are also very lucrative investments. Tax liens certificates are risk free and simple because you don't actually take ownership of a property or home. Instead you provide a homeowner a loan, at a good interest rate, so they can pay their land taxes. It's risk free because if for any reason that homeowner defaults on any part of the loan you take immediate ownership of the house. This is how low-middle income people retain nice homes/properties with only a $1,000-$5,000 investment. Expired Tax Liens and Tax Deeds also cover defaulted land taxes, but the difference is you retain the home/property immediately. Further details can be found in the article Tax Sale Properties.

What's important here? The most important criteria in selecting one of these sites are
1) Number of Listings; do they have plenty of listings?
2) Current Listings; do they have the most up-to-the-minute information from banks & sellers? 
3) Detailed Contact, Property and Area Information; do these sites give you the right information to compare properties and make informed profitable decisions?

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Reviewed: RealtyTrac       Rating: 10 of 10                        BONUSES

Realty Trac RealtyTrac is considered to be the gateway into the property foreclosure auctions industry. In fact they provide most of the foreclosure statistics to the media (such as CNBC and CNN). It's not just Realty Trac's 1.9 million plus pre-foreclosure, foreclosures, tax sale properties (tax liens and tax deeds described above), FSBO, and Resale MLS that make it appealing. It's also their ability to focus on providing appropropriate property data that allows you to understand the current and potential value of a property, as well as point out any possible red flags. This site is so thorough with relevent foreclosure information many investors buy properties based on this unbiased information. RealtyTrac also provides complete 'buying foreclosures' training/mentoring with daily foreclosure email alerts, so you're aware of the best deals first!

Listings - With a large property listing (<- click to see their listings) of 1.9 million (1.5 million foreclosures) combined with it's depth of relevent, easy access information, make it America's most visited property foreclosure auctions site. An interactive map allows bird's eye property viewing, then drill down for detailed pictures. To see photos of sampled listings (1 house for $1,000 in NE, and 9 under $11,000) click NorthWest, NorthEast, Central, SouthWest, SouthEast.
This site is so well respected it's one of realtors first choice for listing properties and matching price conscious home buyers. There is also a whole section on how to post your own home for sell.

Detailed Property & Neighborhoood Information such as:

  • Interactive map interface; multiple property pictures
  • Each properties foreclosure details, lien and loan history, historic price trends, comparable listings and sales
  • Know property street value and price direction
  • Dynamic searching (eg. find 3 bdrm foreclosures in my ZIP for under $10,000)
  • Know neighborhood/county/state price trends over the last year (click here to see)
  • Guide to finding hidden gem neighborhoods with low housing prices, ready to appreciate quickly 
Contact/Property Info - When it has details on all houses sold in the nearby area within the last year well you can guess that basic contact info will be listed.
  • Section on evaluating the current and potential resale property value

    Bonus - Some Helpful Unique Extras
    • Step-by step tutorial of the foreclosure buying process
    • Portfolio Property Management - Track and compare properties that interest you
    • RealtyTrac Agent Network to assist you in your search
    • Full home improvement section providing tips on increasing property value
    • Education Center on how to profit from foreclosures
    • Free email alerts to get first notice of best property foreclosure auction offers  
    • Free access to your credit score to calculate your borrowing leverage
    • Free issues of Foreclosure News Report (voted best Newsletter by the Association of Real Estate Editors) and free Monthly Bank Foreclosure Auctions Reports
    Price: FREE membership with this form -> Realty Trac FREE Membership.

    Even if you cancel membership and pay nothing, keep Foreclosure News and Foreclosure Reports and these included Bonuses, currently sold for over $100.


    RealtyTrac did not engage in any of the shady or questionable practices we've seen on some sites.

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    Reviewed: GovernmentAuctions.org        Rating: 8.8 of 10     BONUSES

    bank foreclosure auctions and preforeclosures Government Auctions is a one-stop-shop site which consistently has newest listings including preforeclosures, foreclosures and tax sale properties (tax liens and tax deeds). It also has extensive non-government For Sale By Owner (FSBO) lists so you have the widest range of discounted houses from the widest range of sources, and never pay realtor fees again.  

    Listings - More listings = good; fewer listings = bad. Two types of listings included. The first is a list of every upcoming real estate auction in your area from all bankruptcies and government agencies. It has detailed info on local, state/province, and federal auctions listed in the US & Canada. The second list or sublist contains every individual preforeclosure, foreclosure, FSBO (sale by owner) and tax sale properties. We counted over 500,000 property listings, including banks and FSBO (For Sale By Owner). Each has property details and most have pictures of the property. If you're trying to make or save money, and want the largest number of choices, then this is your one stop dream site. The only reason it is has been reduced to a 9 from 10 is because it doesn't have the depth of information per property and foreclosure training/mentoring that foreclosure.com has (see above). For general foreclosure listing information along with other types of government auctions for vehicles and merchandise this site remains untouchable.

    Preforeclosures and Tax Sale Properties - Many hidden gem listings here! This is where you can really do well buying discounted distressed houses, often for under $2,000.

    Contact/Property Info - Too many of the auction sites don't provide contact info; again, these guys get it right. Almost every listing has direct contact info: name address, phone number, etc.


    Bonus - With purchase using any link on this page they are also providing a voucher worth more $400 for a 3 day stay in one of any 60 Resorts in the US, Mexico and Hawaii (not a time share promotion or anything like that). We grabbed ours and used it. This alone paid for our membership many times over.


    Price: FREE GovernmentAuctions.org Limited Time Membership

    Even if you cancel your membership and pay nothing, keep the $400 Resort Voucher and these included Bonuses.



    GovernmentAuctions.org did not engage in any of the shady or questionable practices we've seen on many of the sites.

    Seized Properties Live News

    GOVERNMENT SEIZED PROPERTIES - Yahoo News Search Results
    Updated :

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    Publ.Date : Sat, 28 Feb 2015 04:40:31 -0800

    Mexico captures most wanted drug kingpin, 'La Tuta'
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    Publ.Date : Fri, 27 Feb 2015 12:08:03 -0800

    Mexico captures most wanted drug kingpin, former teacher 'La Tuta'
    By Anahi Rama and Lizbeth Diaz MEXICO CITY (Reuters) - Mexico captured its most wanted drug lord on Friday, former primary school teacher Servando "La Tuta" Gomez, and delivered a boost to a government battered by gang violence. The 49-year-old gang boss was the prime target of President Enrique Peña Nieto's effort to regain control of Michoacan, a western state wracked by clashes between Gomez ...
    Publ.Date : Fri, 27 Feb 2015 13:30:34 -0800

    Mexico captures most wanted drug lord Servando 'La Tuta' Gomez
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    Publ.Date : Fri, 27 Feb 2015 10:26:15 -0800

    Who owns the seized Marcos properties?
    NEW YORK CITY – It’s a case of who owns what and who can rightfully claim it. The interpleaded Marcos property includes paintings, jewelry, carpets, and over $15 million in funds seized from several bank accounts. Several entities are laying claim to them. These properties were seized from former Philippine First Lady Imelda Marcos’ personal […]
    Publ.Date : Fri, 20 Feb 2015 14:40:57 -0800

    Mexico captures most wanted drug lord
    Mexico has captured the most-wanted drug lord in the country, Servando “La Tuta” Gomez, head of the Knights Templar cartel, police said on Friday, delivering a boost to a government battered by gang violence. The 49-year-old former teacher was the prime target of President Enrique Pena Nieto’s effort to regain control of Michoacan, a western...  [Read More...]
    Publ.Date : Fri, 27 Feb 2015 10:44:27 -0800

    Mexico captures most wanted drug lord, Knights Templar cartel leader Servando 'La Tuta' Gomez
    Mexico has captured the most wanted drug lord in the country, Servando "La Tuta" Gomez, delivering a boost to a government battered by gang violence.
    Publ.Date : Fri, 27 Feb 2015 13:41:15 -0800

    Myanmar declares state of emergency in Kokang region
    Yangon, Feb 17 (IANS) The Myanmar government Tuesday declared a state of emergency in Kokang region of the northeastern Shan state and introduced martial law following week-long armed clashes between the government forces and the Kokang ethnic army. The announcement, signed by President U. Thein Sein and broadcast through the state-run Myanmar Radio and Television, said armed clashes in the ...
    Publ.Date : Tue, 17 Feb 2015 10:30:07 -0800

    Mexico captures wanted drug lord, former teacher ‘La Tuta’
    Arrest delivers boost to government battered by gang violence
    Publ.Date : Sat, 28 Feb 2015 03:40:34 -0800

    Mexico captures most wanted drug lord, former teacher ‘La Tuta’
    Arrest delivers boost to government battered by gang violence
    Publ.Date : Sat, 28 Feb 2015 02:55:26 -0800


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    Property Foreclosure Auctions Live News

    GOVERNMENT FORECLOSURE AUCTIONS - Yahoo News Search Results
    Updated :

    U.S. Foreclosure Activity Increases 5 Percent in January Driven by 15-Month High in Bank Repossessions
    RealtyTrac® , the nation's leading source for comprehensive housing data, today released its U.S. Foreclosure Market Report™ for January 2015, which shows foreclosure filings -- default notices, scheduled ...
    Publ.Date : Wed, 11 Feb 2015 21:00:00 -0800

    VCR Legals February 12, 2015
    VCR Legals February 12, 2015
    Publ.Date : Wed, 11 Feb 2015 13:33:58 -0800

    New N.C. foreclosures down in 2014
    New North Carolina foreclosure cases were at their lowest level in 2014 since 2001. But older foreclosures are still working their way out of the system, according to RealtyTrac.
    Publ.Date : Tue, 17 Feb 2015 10:49:27 -0800

    VCR Legals February 26, 2015
    VCR Legals February 26, 2015
    Publ.Date : Wed, 25 Feb 2015 11:33:47 -0800

    VCR Legals February 19, 2015
    VCR Legals February 19, 2015
    Publ.Date : Wed, 18 Feb 2015 11:48:37 -0800

    City officials excited as data-storage firm eyes former Lowell spaghetti factory
    LOWELL -- Twice last year the former Prince Spaghetti factory off Gorham Street -- a gigantic, fortress-like structure made of thick concrete -- failed to attract any buyers during foreclosure auctions, except that of the mortgage holder, Lowell
    Publ.Date : Fri, 20 Feb 2015 03:45:48 -0800

    VCR Legals February 5, 2015
    VCR Legals February 5, 2015
    Publ.Date : Wed, 04 Feb 2015 10:22:11 -0800


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