The current economic crisis has forced many Americans to lose their homes to foreclosure. While this is really sad for those who have lost their home, it is a great opportunity for those looking to buy a home or who want to invest in real estate. This really is the best time to buy a house. With high inventory and fairly low demand, anyone looking to buy a property is sure to get an incredible deal. It is common knowledge that the best deals to be had are foreclosures. So how can you participate in these incredible offers? There are a couple of ways, but I think the most helpful is by using a foreclosure listing service.
A foreclosure listing service will offer hundreds of listings of foreclosures in your area. The best part is that these listings can be obtained for free through their free trial offer. Most of these services will offer full access to their membership area for a seven day free trial.
The advantages of using one of these services are enormous. You will be able to see hundreds of listings side by side and you will be able to compare which is the best deal. Reputable services offer good customer support 24/7 and can even answer questions about buying a home that is in foreclosure. The best services offer daily updated inventory so you know the homes you’re looking at are fresh listings. If you’ve done a lot of research beforehand and are ready to make an offer, the seven-day free trial is plenty of time to find a great property. If you still haven’t found a great property after your free trial expires, the membership fee is very reasonable and you may want to pay for at least another month.
There are a couple of downsides to keep in mind. Not all listing services are trustworthy, so be sure to do your research. Find a company that has good testimonials and is in good standing with the BBB. Find a company that offers daily database updates so you know you’re not looking for houses that have already sold. Also make sure they offer good customer service as this is a very big investment and you want to make sure there is help when you need it.