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Michigan Foreclosure Article
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Free Foreclosure Listings: Where to Look and What to Avoid
from:The Internet is a wonderful place to look for real estate listings for just about any kind of property that you choose to purchase. You may look for brand new homes and property just build, or older homes and residential and commercial property. You may also find pre foreclosure and foreclosure listings as well. However, many of these sites do charge a fee for their listings. Before actually paying for listings for the type of property you desire, why not investigate the myriad of listings that are offered for free.
Anyone in the business of purchasing foreclosure property will already know the value of saving a dollar. Saving yet more money by looking for free foreclosure listings will also become a tool for use in an investor’s foreclosure portfolio. Different websites will offer different free foreclosure listings and many have large databanks to choose from.
Some websites cater to certain geographic locations while others will include free foreclosure listings in all the 50 states.
If you have a particular interest in the states of Florida, Texas, or New York, you may want to check out the free foreclosure listings at: http://www.freeforeclosuredatabase.com/ They do offer a database of free foreclosure listings and pre foreclosure listings for the other states as well.
Some websites will not only offer free foreclosure listings, they will also provide the property records for foreclosure mortgages across the United States. http://www.homemortgageforeclosures.com/ provides, property records, free foreclosure listings, home foreclosures, tax foreclosures, and HUD foreclosures. Homemorgageforeclosures.com adds hundreds of new free foreclosure listings daily. It would be worth your while as an informed investor to check the site daily for new potential personal use or income producing property.
The website www.foreclosure.com specializes in bank owned properties (REO).
Do not mistake www.foreclosure.com, with www.foreclosures.com which is another Internet website that offers auction listings, government HUD listings, pre foreclosure listings, bank (REO) listings, home foreclosure listings and foreclosure law information. They also have a foreclosure dictionary to help you familiarize yourself with the terms. This site offers you information on how to get started and a tutorial to assist you in learning the steps involved for getting the information and the business opportunities that you desire. To add to this repertoire of knowledge is that fact that they have a section on testimonials and websites to avoid. They will show you how to file a complaint if you have been scammed by any website in your foreclosure property search. The downside is that though they do offer free foreclosure listings the grace period ends in seven days, after which you must purchase the listings.
Not only do you have specific websites that specialize in free foreclosure listings you can actually look at a video on the you tube website http://www.youtube.com/watch?v=893QkRxeT3A which will give you a bit of information concerning foreclosures and offer a website which connects you to free foreclosure listings on bank owned real estate (REO).
Michigan Foreclosure Specific links
Michigan Foreclosure News
WLNS TV 6 Lansing Jackson Michigan News and Weather - WLNS.COM | AG Files Charges Against "Foreclosure Rescue" Companies
State Attorney General Mike Cox has filed criminal charges against a number of so-called foreclosure rescue companies, including two in mid-Michigan. The AG accuses them of defrauding Michigan families of thousands of dollars in an alleged scam.
Read more...Two Livingston County businesswomen charged in mortgage scam
A Livingston County businesswoman and her employee are two of the 10 people charged Thursday for defrauding Michigan families out of thousands of dollars in a foreclosure-rescue scam. Michelle Rene Garbuschewski, who also uses the name Michelle Justice and owns Howell's Elite Mortgage Relief, is facing two counts of obtaining at least $1,000 but less than $20,000 under false pretenses while ...
Read more...King-sized foreclosure to hit auction block
One of Metro Detroit's most expensive homes -- a Novi palace worth at least $18 million before the real estate market crash -- is facing foreclosure and scheduled to besold at auction Tuesday. Once one of the region's grandest displays of wealth, the 13,777-square-foot mansion on 19-plus acres instead could become a symbol of the bust -- and languish on the market for years, real estate experts ...
Read more...Two charged in mortgage scam
A Livingston County businesswoman and her employee are two of the 10 people charged Thursday for defrauding Michigan families out of thousands of dollars in a foreclosure-rescue scam.
Read more...East Village condo neighborhood in Lansing may be scaled back
Allen Edwin Homes, a west Michigan developer, would like to scale back the East Village condo development from 177 to 125 units, which will be the subject of a Wednesday public hearing with the Lansing Planning Board.
Read more...