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You can get free REO information from other sites, without needing an agent

Posted by Abby on April 02, 2002 at 11:30 AM

In Reply to: Questions about EBay's Real Estate services (and others) posted by JC on April 02, 2002 at 7:37 AM

Hi JC,

I'm also located in the Bay Area, and so I definitely feel your pain in this housing market! :)
I checked out the EBay Real Estate site that you mentioned, and as far as I can tell, they are all listings for REOs. You can get this same information without an agent just by looking at banks' individual websites and government websites like VA, HUD, etc. My favorite website for free REO information is http://www.all-foreclosure.com/reolist.htm

The bad news is that, if you are interested in REO's, there seem to be very few to be had in San Mateo and Santa Clara Counties. Now, if you are talking about doing pre-foreclosures, I think you might have more luck...particularly if you are willing to put in the homework to find people going through foreclosures after the Notice of Default, and understand the civil codes involved.

Good luck and report back on what you find out! :)

Abby


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