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Foreclosures are homes that have been repossessed by lenders because the owners failed to pay their mortgages. If a loan is in default, a lender will often seize the property and sell it - usually at a public auction - to recover the owed balance. These homes often sell for far less than their true market values - sometimes 30 - 50 percent!
At Foreclosure.com, we update our listings continuously throughout each day, providing the most reliable and comprehensive searchable database of foreclosures available anywhere. With more than 1.8 million listings across the United States, we offer properties at every stage of the foreclosure process, from preforeclosure to auction to Real Estate Owned (REO).
Foreclosure.com also offers helpful links and educational materials that help you make smart investment decisions, whether you're new to foreclosures or have been investing in them for years. Put simply, we offer everything you need to profit from the multi-billion dollar foreclosure industry.
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