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Free foreclosure websites | Subscription foreclosure sites | Foreclosure auction website | Government property sites | Bank-owned REO websites | FAQs
Foreclosure websites help you find government-owned and bank-owned homes that sell below market value, making homeownership far more affordable. We’ve researched some of the best foreclosure websites based on types of foreclosures listed, reputation, and search tools.
These sites are a good way to begin your search, but we recommend working with an experienced real estate agent for the best results. Agents can help you find great deals and may also know about new foreclosures that haven’t been listed yet.
What are the best foreclosure websites?
Free website: Zillow Foreclosures |
Subscription website: Foreclosure.com |
Auction website: Auction.com |
Government property website: HUD Homestore |
Bank-owned REO website: Wells Fargo |
Best free website for foreclosures
🏆 Zillow Foreclosures
Use Zillow to kickstart your search for a foreclosure. Its database isn’t exhaustive, though, so pair your search with other foreclosure websites. The site displays short sales, pre-foreclosures, auctions, and REO homes — though it doesn’t distinguish clearly between the types.
✅ Pros | ❌ Cons |
---|---|
Powerful search capabilities make it easy to find foreclosures in your area | Occasional pre-foreclosure listings aren’t really for sale |
Zestimate can give you a rough idea of the home’s market value | Limited inventory isn’t comprehensive and often fails to include foreclosures not listed on the MLS |
» LEARN: Is Zillow’s Home Value Estimator Accurate? The Truth Revealed
Runner-up: Realtor.com Foreclosures
Realtor.com lists auctions and bank-owned properties. Like Zillow, you should use Realtor.com as a starting point.
✅ Pros | ❌ Cons |
---|---|
Flexible search shows homes in nearby areas if there’s nothing local | You won’t find any off-market properties, short sales, or pre-foreclosures |
Property data is extensive and highly accurate |
Honorable mention: Trulia
This site is a good source for finding short sales, auctions, pre-foreclosures, and bank-owned properties. Zillow also owns Trulia, so you can use Trulia alongside Zillow for the most complete info on a foreclosure. Trulia can tell you the type of foreclosure; Zillow can give you a “Zestimate” of its market value.
✅ Pros | ❌ Cons |
---|---|
Distinguishes the type of foreclosure (auction, bank-owned, pre-foreclosure) | Same foreclosures as Zillow but without the “Zestimate” feature |
Provides more information on the neighborhood surrounding the foreclosure |
Best subscription site
🏆 Foreclosure.com
For a monthly fee of $39.80, you get access to short sales, auctions, bank-owned properties, properties in bankruptcy, fixer-uppers, and pre-foreclosures.
One-time buyers may take advantage of the 7-day free trial. More dedicated investors can subscribe for a comprehensive look at the inventory in their area.
✅ Pros | ❌ Cons |
---|---|
Over 1.8 million listings | No free version (but free 7-day trial) |
Sneak peeks for pre-foreclosures | |
Property data for investors |
Runner-up: RealtyTrac
For $49.60 monthly or $99.00 every three months, you get access to short sales, auctions, bank-owned properties, properties in bankruptcy, fixer-uppers, and pre-foreclosures. If you’re not certain you want to pay for the subscription, you can pay a trial fee of $1.00 for the first 30 days to scope out what’s in your area.
✅ Pros | ❌ Cons |
---|---|
User-friendly site on both desktop and mobile | Overwhelming property data |
Map view for comparing numerous homes | No subscription tier for average home buyer |
Notifications about auction dates and new listings |
Best auction website
🏆 Auction.com
Offering auctions exclusively, this site helps you find the locations of upcoming auctions. You can also avoid the hassles of in-person auctions by bidding online for foreclosures.
✅ Pros | ❌ Cons |
---|---|
Easy-to-find auction locations and times | Hidden, minimum sale price (called “reserve price”) |
Online bidding option |
Best website for government property
🏆 HUD Homestore
The Department of Housing and Urban Development (HUD) sells homes that have defaulted on mortgages insured by the Federal Housing Administration. These homes sell fast and the inventory can change daily. We recommend checking the site frequently for homes in your area.
✅ Pros | ❌ Cons |
---|---|
Good-sized, regularly updated inventory | Sometimes in poor condition |
30-day priority access for buyers (not investors) | Possible squatters in vacant properties |
Up to 3% closing cost assistance from HUD |
Runner-up: Tied between HomePath and HomeSteps
HomePath properties are homes that Fannie Mae financed and that are now in foreclosure. Similarly, HomeStep sells foreclosures that were previously financed by Freddie Mac.
These programs prioritize home buyers and community organizations over investors. Since the inventory can be low, check both sites daily.
✅ Pros | ❌ Cons |
---|---|
Homes are well-maintained | Your offer can’t have contingencies* |
Home buyers get priority access to new listings | Investors have to wait 30 days before bidding |
First-time home buyers can get up to 3% in closing cost assistance* |
* For HomePath homes
Honorable mention: IRS Seizures
This is a great site to find an investment property, second home, or possibly a residential or commercial rental. If you’re very flexible about where you can live, you might be able to find a primary residence.
✅ Pros | ❌ Cons |
---|---|
Often way cheaper than other foreclosure sites | Bare bones site, with minimum search capabilities |
Regularly updated auction listings, incl. minimum bids and property details | Limited amount of pictures |
Best site for bank-owned REOs
🏆 Wells Fargo
Wells Fargo lists real estate–owned properties (REO) held by the bank after the original homeowner defaulted. Use the Wells Fargo REO storehouse along with other bank websites, such as those listed below, to maximize your search.
✅ Pros | ❌ Cons |
---|---|
Fairly large database of homes | Often priced higher than other foreclosures |
Guaranteed clean titles | 7-day “view only” period for new listings |
Free appraisal for Wells Fargo mortgage |
Honorable mentions:
- Bank of America REO
- Chase
- CitiMortgage Marketplace
- HSBC REO
- Fifth Third Bank
- Regions Properties for Sale
FAQs
Is foreclosure.com legit?
Foreclosure.com is a legitimate website that's been running since 1999. It has a verified Trustpilot profile with an aggregate rating of 3.6 stars. Find more of the best foreclosure websites.
Are foreclosed homes more affordable?
Yes, foreclosure homes are usually priced below the market value. While these homes are cheaper, they also come with risks. They are sometimes distressed properties with undisclosed issues, and you may need to make major unexpected repairs.
Related reading
The 10 Best Home Buying Websites for Every Need. We dive deeper into the top 10 sites for buying homes. Learn about these and more to find the perfect property for your family.
What’s the Cheapest Way to Buy a House? Learn how to buy homes that are selling below market prices.
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