Your Short Sale Compass – Free Foreclosure Listing

The U.S. foreclosure crisis has caused thousands of homes to become foreclosed. I will provide you with a list of banks who can provide you with information about foreclosures in the U.S. Take the time and go through these websites – I did and I’m laughing all the way to the bank.

What are bank foreclosure homes?

Bank owned foreclosures, also know as REO (real estate owned) properties, are properties which have gone into foreclosure and have been returned to the bank. You can purchase these homes below market value and sometimes up to 50% below market value.

Here is a list of banks whose websites you can search for properties owned by that particular institution:

AMERICA TAX FUNDING Not really a bank, they have tax certificate foreclosed property

NATIONAL BANK OF ARIZONA HOMES FOR SALE Property owned by National Bank of Arizona

BANK OF AMERICA FORECLOSURES One of the largest lenders in the US, you can search for residential or commercial. They do list how many properties are in each state, making the search easier.

BEAL BANK FORECLOSURE LISTINGS Beal Commercial Properties – Beal Bank sells all of its real estate through licensed real estate brokers in the local market where the property is located.

CAROLINA FIRST Bank owned property in North Carolina, South Carolina and Florida

CHASE OWNED PROPERTIES Select Chase homes by state

CITIMORTGAGE – CITIBANK OWNED PROPERTIES Searchable by state and proeprty type

COMPASS BANK HOMES FOR SALE Foreclosed property listed mostly in Alabama and Texas, some New Mexico and Colorado Your Short Sale Compass

COUNTRYWIDE FORECLOSURES The largest independent home loan originator, now owned by Bank of America, they have listings thoughout the United States.

DOWNEY SAVINGS & LOAN Downey Savings is regional, based in Southern California, but they now have listings in various states throughout the US, most property is still in California

FIFTH THIRD BANK Michigan and Florida have the most properties.

FIRST FEDERAL BANK OF CALIFORNIA California foreclosed homes.

FIRST NATIONAL BANK OF ALASKA Alaska properties

CAPMARK – PREVIOUSLY WAS GMAC COMMERCIAL MORTGAGE Commercial properties throughtout the U.S.

GRP FINANCIAL SERVICES They have a nice feature where states with property are coloured blue, and the number of properties listed in that state appears on the map.

HOME LOAN BANK Wisconsin, Michigan, Pennsylvania, New York, Maine, Texas

HSBC HOMES FOR SALE Search HSBC foreclosures by state

INDYMAC FORECLOSURES Many states listed, they also have a lot of manufactured housing listed.

ForeclosuresUS.com has FREE foreclosure listings. Search for your new home for FREE, in all 50 states. They also provide pre-foreclosures, for sale by owner and bankruptcy homes.

I hope you found this information helpful.