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Foreclosure Listings?


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2010 Aug 20, 4:24am   3,499 views  12 comments

by kronicade   ➕follow (0)   💰tip   ignore  

I'm in the market to buy a home in Marin. I've done some research, talked to some insane Realtors and I've been watching home prices slide down for the past 3 years I've lived here.

Anyway, I hate the MLS and I've been using Redfin to see MLS listings. I think I may by in the next 6 months.

However, I think the elephant in the room is the pre-foreclosures, foreclosures and REO's in particular areas and I would like to see the numbers specific to Marin County.

My Questions:

1). Is there a FREE way to view ALL REO's in Marin County WITHOUT paying a monthly fee? I was subscribed to foreclosureradar.com but at $50 a month this is too much (I may be watching this for over a year).

2). Is there a FREE way to see sales prices per city on a month-to-month.

Thanks,
kronicade

#housing

Comments 1 - 12 of 12        Search these comments

1   bubblesitter   2010 Aug 20, 4:42am  

What zip code?

3   pkowen   2010 Aug 20, 5:47am  

You might be able to go to the Marin County assessor/recorder and browse for notices of default, trustee sales, etc. http://www.co.marin.ca.us/depts/AR/main/index.cfm By law there are documents that must be recorded when a property is in the process of foreclosure. I am looking there now but their site is pretty weak. There is a grantee/grantor search but you have to know owner's name, it appears. http://www.co.marin.ca.us/depts/AR/RiiMs/index.asp

Good luck. To be honest realtytrac and foreclosureradar and the like are worth the cost if you don't want to do all the legwork.

4   bubblesitter   2010 Aug 20, 6:00am  

http://maps.google.com/maps?hl=en&q=94903&um=1&ie=UTF-8&ei=S95uTM-zEoiosQOY4NWCCw&sa=X&oi=mode_link&ct=mode&ved=0CAcQ_AU

On top right select "real estate" instead of "all results". Click search and select foreclosure. This may be 80% accurate than county figures.

5   bubblesitter   2010 Aug 20, 6:10am  

pkowen says

You might be able to go to the Marin County assessor/recorder and browse for notices of default, trustee sales, etc. http://www.co.marin.ca.us/depts/AR/main/index.cfm By law there are documents that must be recorded when a property is in the process of foreclosure. I am looking there now but their site is pretty weak. There is a grantee/grantor search but you have to know owner’s name, it appears. http://www.co.marin.ca.us/depts/AR/RiiMs/index.asp
Good luck. To be honest realtytrac and foreclosureradar and the like are worth the cost if you don’t want to do all the legwork.

How can I get the full list without entering and search criteria?

6   pkowen   2010 Aug 20, 7:07am  

dadab says

pkowen says

You might be able to go to the Marin County assessor/recorder and browse for notices of default, trustee sales, etc. http://www.co.marin.ca.us/depts/AR/main/index.cfm By law there are documents that must be recorded when a property is in the process of foreclosure. I am looking there now but their site is pretty weak. There is a grantee/grantor search but you have to know owner’s name, it appears. http://www.co.marin.ca.us/depts/AR/RiiMs/index.asp

Good luck. To be honest realtytrac and foreclosureradar and the like are worth the cost if you don’t want to do all the legwork.

How can I get the full list without entering and search criteria?

Might be hard. These are public records, and so you can ask for it from their office and they should give you the data. But, you may have to pay a processing fee for it, and it might be next to unusable in the format/way they deliver it to you. A database dump or CDs full of scanned documents. Also it will probably be a snapshot of data at a point in time. It's worth asking though.

This is why I say it's possibly worth paying a service. They do the legwork and have an economy of scale (generally) to charge you $50 a month or less. There's a whole cottage industry of investors (I like to call them 'the Vultures') who hang out at assessor/recorder offices browsing documents looking for Probate sales, trustee sales, foreclosures, etc.

What's your time worth?

7   kronicade   2010 Aug 20, 7:45am  

Ok, so the answer is "NO"

Why hasn't someone built a foreclosure database that isn't full of BS?

-Kronicade

8   Bap33   2010 Aug 20, 1:35pm  

kron,
you can not do anything with a "what's forclosed" list except go around and see if the house is listed, empty, or whatever. A home has to be listed after it goes REO inorder to buy it. The REwhores have a lock on the game. The only possible use for "soon to forclose" lists is to see what happens to them on the court house steps.

When a home is listed you can go pull a current title report and know who owns it, how much they became owners for, and all past sales history. This info is free from most title folks. And REpukes hate when a buyer learns about a house.

9   mark1inla   2010 Aug 21, 6:32am  

There is all kinds of public info, foreclosure records included, in the RE world that should be available and would be of great value to the public. If we demand anything of the government, it should be to make public records available to the normal person (someone who doesn't have weeks to pore through county paperwork)

10   bubblesitter   2010 Aug 21, 10:40am  

mark1inla says

There is all kinds of public info, foreclosure records included, in the RE world that should be available and would be of great value to the public. If we demand anything of the government, it should be to make public records available to the normal person (someone who doesn’t have weeks to pore through county paperwork)

The problem is govt. works for you but not exactly the way you want.

11   Common Sense   2010 Aug 21, 2:20pm  

Remember explaining the difference between potential and kinetic energy to your little brother or friend? Possibly a raised and still open hand representing potential followed by an ambitious downward smack upside the head representing kinetic. After initiating mine, my brother and I could pretty much anticipate each other's smack-impact by the level of his hand.

As the vacationing administration and conspiring banks attempt to dazzle us with 4-letter acronyms such as HAMP, which are “gifts” designed to keep the lost equity on our books, I hardly believe they'll be truthful about the potential level of foreclosures. Gauging the kinetic smack to your investment will be nearly impossible without this critical information. I hear stories about people from all over the country who have not made one payment in over two years and have no intention of keeping the home past the rent-free period. My guess is no source will be reliable regarding which ones, when, and how many REOs will ultimately hit the market.

12   zzyzzx   2010 Aug 24, 4:56am  

mark1inla says

There is all kinds of public info, foreclosure records included, in the RE world that should be available and would be of great value to the public. If we demand anything of the government, it should be to make public records available to the normal person (someone who doesn’t have weeks to pore through county paperwork)

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