Step-by-Step Approach to Finding Foreclosures
Here are two examples of foreclosure listings:
Central Ohio foreclosure source: Daily Reporter newspaper. This site is where I get the latest foreclosure listings, check your newspaper or call the city to find their foreclosure listing.
This is what a list looks like when it appears in the daily reporter
New presentation (8/16/2006)
Foreclosure Actions
06CVE08-10610 — Deutsche Bank National Trust Co. v. Person in Foreclosure 2222 Gleneagles Ct. Dublin OH 43017 Person in Foreclosure 2222 Gleneagles Ct. Dublin OH 43017 and unknown tenants, if any, of 2569 Punderson Dr.; foreclosure 193,161.91. Judge Bessey.
Manley, Deas & Kochalski, LLC by Lisa K. Pomeroy
8888 Punder Dr.
Hilliard, OH 43026
New presentation (8/16/2006)
Foreclosure Actions
06CVE08-10597 — US Bank, NA, administrator vs. Foreclosure 2222 Sand Dr. Columbus OH 43228 unknown spouse, if any, of Foreclosure Bank One, NA, trustee, Mortgage Electronic Registration Systems, Inc. and Franklin County Treasurer; foreclosure 113,600. Judge Lynch.
Maguire & Schneider by Karl H. Schneider and Benjamin B. Fortkamp
2222 arena dr.
Columbus, OH 43228
8888 Punder and 2222 Sand Dr are the homes in foreclosure. If the first address is different, it is because the owner lives there and the foreclosed property is a rental or second home.
Once you’ve found your local foreclosure list, make sure you get to the list as quickly as possible. The faster you get the list, the faster you can send out letters for homeowners to call you.
If you have to buy a good foreclosure list, just make sure it’s a very recent list. The Daily Reporter charges $95 a year to subscribe to their newspaper, then you can go online and download foreclosure lists for free. This newspaper is only for Colón, not for any other city.
I do not recommend buying foreclosure listings from companies online such as foreclosures or foreclosure listings. This list is typically 30 days or more old and is too long to create an effective marketing campaign. You want a listing that takes 2-3 days to arrive once the property has entered lis pendens. Some smaller cities only publish foreclosure listings weekly or once a month in the local newspaper, so understand that not all cities are online like Columbus.
