Go to the bank and asset managment sites directly to find the properties on thier sites. Check out my site http://www.sellmorereo.com for a list of over 90 companies.

Buyers are getting alot better deals these days on REO, for your information. I can auto send you all the newest REO properties in Mimami if you like, visit, http://www.floridamlshub.com/
to contact me.

if you have an email address, just register at http://www.kathysellsmiami.com, or email kat_valverde@yahoo.com with the areas of your interest and you will receive an email with all the foreclosures available in your area. It's the easiest way.

I HAVE A QUESTION IF SOMEONE COULD PLEASE HELP ME OUT. I AM CURRENTLY RENTING A CONDO IN MIAMI, HIALEAH TO BE EXACT. I WAS SERVED PAPERS ON JUNE 2008 WITH THE INFORMATION OF A LAWSUIT TO THE LANDLORD FOR FORECLOSURE. I AM STILL LIVING THERE AND NOT PAYING ANY RENT. MY PROBLEM IS HOW LONG DOES IT TAKE FOR THE BANK TO FORECLOSE AND WHAT ARE THE PROCEDURES? THE APARTMENT IS BAD, THE A/C ISNT WORKING RIGHT, THE KITCHEN HAD A FLOOD AND NOW ITS STARTING TO MOLD EVERYWHERE. IM A SINGLE MOTHER WITH 2 KIDS AND HAVE NO MONEY TO MOVE. WHAT CAN I DO?

The Miami-Dade County website offers a comprehensive and frequently updated list of foreclosures and lis pendens. Once you learn to navigate your way around the site and understand how the process works, you'll be able to locate and secure foreclosures.

Julio,
To get the best deals you need to hook up with agents who are themselves working forecloure listings. We are involved in foreclosures and have foreclosure listings, so we have first hand knowledge.

A foreclosure goes through several steps and the best deals are early on. A Realtor receives a notice about a property and they have to determine occupancy, assist with the evict ion of dwellers, secure property, clean out, etc. These procedures may take upwards of 6 weeks. If you are hooked up with an agent working foreclosure listings, they can tell you about these properties before they hit the market and that way pick up the best ones.

Once they hit the market, the good ones get a lot of activity and go fast. The worst case scenario is buying at auction, because those are the left over properties that were not sold the conventional way.

Rather than searching on websites, I suggest you find a realtor in your area who have foreclosure listings. Work closely withhim/her and you will get access to the best deals. My associate and I are working foreclosure listings and would be happy to assist you or anyone else looking for these types of deals.

Only a few foreclosures are a great deal, while the rest are junk. First off, in places like Miami, where humidity is extremely high, if you do not have your A/C running throughout the day, which helps remove humidity from the air, you will start to see mold growing inside your house. Foreclosures do not have an A/C running, and some don't even have an A/C, because the previous owner ran off with it and the screws.

Do not take this lightly, mold can be extremely detrimental to your heath. Also, if you plan to buy the foreclosed property, and rent it, and let your tenants suffer from health problems, then think again. Your tenants can actually sue you for everything that you are worth, if you fail to disclose to them your properties mold problems.

The mold problem is only a fraction of issues that plague foreclosures.

Hi Julio. It's funny how our maket has changed so much in just a couple of years. Two years ago, the majority of buyers were asking about pre-construction homes. Now the majority of buyers are looking for foreclosure or short sale properties. The funny thing is that many times buyers can find just as good of a deal, if not better, by purchasing a home that ISN'T a foreclosure or pre-construction home. The easiest and smartest way to get the best deal on a home is to use an experienced Realtor that is willing to do the research for you. Be careful though. There are thousands of so called "experts" out there.

Because there are so many homes out there, there are a huge amount of opportunities for today's buyer. What a professional Realtor will do for a buyer is determine what the buyer is looking for and scrub the inventory for the best possible deals. It takes a lot of time and research for the real estate agent but it saves a lot of time for both parties in the end. The majority of "great deals" that my buyers have been able to get have been thru regular listings on the MLS and NOT foreclosures or short sales. There are some owners that will take hundreds of thousands of dollars less than their asking price depending on their motivation and time on the market.

If you want to view a list of foreclosures, you can visit http://www.DadeCountyMLS.com. This award winning site, in my opinion, is the most informative website I could find in regards to real estate. If you get a chance, please also visit my real estate blog at http://www.AmitsBlog.com.

I get requests for foreclosure info almost on a daily basis.

What I think you and all buyers need to be aware of is that very often you can purchase a resale home at the same price as a forclosure property. Don't box youself in to thinking that you only wnat a forclsure because you think that forclosures represent the best values in the market. A good Realtor can help you compare resales, forclosures and short sales. Keep in mind they are all competing with each other. Why go through the extra effort of purchasing a forclosure or short sale when you can leverage their asking prices to help you negociate the same price from a regualar seller. The sellers might not like it but all sellers are in the same boat.

That being said, I have had at leaset 10 sales this year alone that started with inquires about foreclosures and ended up with the purchase of a resale home at a deep discount to fair value.

Hi Julio,
Coldwell Banker has a foreclosures page under Floridamoves.com you will find variety of properties there

Hello Julio,

EWM Realtors just launched its South Florida foreclosures page covering Miami Dade and Broward counties. The page is very user friendly and comprehensive with all you need to know about foreclosures in the area. There is a search function by zip code, type or details. All foreclosure related blogs from all of EWM's agents get directed here; there is a FAQ section and links to foreclosures by city.

http://www.ewm.com/foreclosures/?domain

Good Luck

Katherine Clase
EWM Realtors

Hi Julio,

Trulia included foreclosure listings within our search results. Just access the link below to view over 8,000 foreclosure listings in Miami.

Best Wishes,

Emily Gibson
Customer Service Representative

there are many
google REO

Sure, go to http://www.soflaforeclosures.com
Call if you have any questions

Ramesh