Below is a nationwide preforeclosure list, which could include potential deals hiding right in your backyard! Buying preforeclosures and/or investing in preforeclosure real estate is your chance to save a lot of money and help a distressed homeowner avoid foreclosure. It¹s a win-win! How to buy preforeclosures? It starts with a preforeclosure search for properties available for sale near you. Click on a nearby state and/or county below to begin searching for preforeclosures in your area.