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Friday, June 17, 2016

How to find foreclosures in Orlando Florida - Written by Eugene Hoffman

How to find foreclosures in Orlando Florida


There’s a lot of competition to find great deals on local Orlando Florida foreclosure properties.
Finding them is only one part of the process – you also need to know how to capture them.

Here are a few secrets from the pros that we’ve used with great success on how to find great foreclosure deals in Orlando.

1. Comb through the same listings everyone uses.

There’s a lot of ways to access local foreclosure data in Orlando and your surrounding area – and foreclosure.com does a relatively good job of combing through default notices, bankruptcies, tax sales and distressed asset lists.  The main drawback with online resources like that is there tends to be a lag time in the time they get the info online… so the data can be a bit old sometimes.

2. Search the lesser-known publications sometimes used by smaller lenders.

Most of the publications in Orlando are indexed and captured online, but every once in a while a lender will mistakenly only publish in a smaller circulation if they think it meets the legal requirements.  These notices are the notices of default that lenders are legally required to publish in the public record. Those are one of the first places you can find out about a foreclosure.

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