We do not want to provide an endorsement for any particular service. They all have their strengths and their weaknesses. Some are better in some markets than they are in others.
Do an Internet search on the phrase “foreclosure sales.” Include the quotation marks. That will provide you with a number of information services. Bookmark about five or six of them that allow free limited previews of available properties.
Next, check your local home sales magazine for anything with the word foreclosure plastered across the ad. Find two or three real estate brokers with foreclosure listings. Call them for details, including how long they have had the listings. Ask if they have any more foreclosure properties besides the one you called about. Make notes regarding all information given to you.
Next, go to the website of Ocwen Financial Corporation at www.ocwen.com. It handles the VA foreclosures nationwide. Check for foreclosed homes in your target area. Make a list of the homes available. Call to see if the foreclosed homes are still on the market, what the list prices are, and how long they have been listed.
Do the same thing for HUD-owned homes by going to its website, and clicking on the links for “HUD homes” and then the link for your particular state. Call about any listed homes, again noting their availability, their list price, and their time on the market.
Here is the test. Compare the sample information you have gathered against what is available on the foreclosure information websites. Which provider seems to have the most complete, accurate, and up-to-date information? That provider will probably be the best one for your market area.