Resources

[kurtyordy]

Here are some off track property resources. Many of these do not get listed in MLS. If these have been posted before, sorry for the redundancy. Also, these are based on my Pennsylvania location so keep that in mind for the huds.

http://www.hooksvanholm.com- hud
http://www.ocwen.com- va
http://www.bid4assets.com- usmarshalls
http://www.resales.usda.gov- usda forclosures and preforclosures, no sure how but never find these on pending forclosure lists at the county almost like the fed circumvents it.
http://www.treasury.gov/auctions/irs/- irs seizures
http://www.treasury.gov/auctions/treasury/rp/realprop.shtml- other us treasury auctions.

That is all I can think of right now, I hope someone finds this useful.

 

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[kurtyordy]

Thought of another resource:

http://www.hsh.com- downloadable mort calcs in cluding amort schedule.

 

[Satpoint]

Those links might work better for others but i cant find anything in my area.

I just use local mls listings to start looking for properties- I also have 2 realtors that send me updates as often as i need them.

 

[kurtyordy]

the government ones are updated weekly i think, the areas always change

 

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[Redshft]

Now on seized real estate, lets say a townhome located in anytown, USA. When it states the minimum bid at $33,xxx and an encumbrance note that states:

Property is being sold subject to current year (2007) and delinquent real property taxes for Mecklenburg County in the amount of $7,841.23 and homeowner association dues in the amount of $450.00. There are no other known encumbrances superior to the Lien of the United States.

Is the bidder also responsible for paying off these delinquent taxes and fees or is it included in your bid?

 

[kurtyordy]

from my research, yes, but I have not bought a property from these yet.

 

[reipro]

Tax liens are in order of priority. So if there is a mortgage or taxes, water bill ect they are all paid by the buyer of the property. So be careful and do your homework. Also most tax sales have a right of redemption.

 

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[andviv]

Read this review about iiProperty, a website to track your rentals (I don't use it, I just found it today)